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Business Standard News Digest: 'Economists talking nonsense' and more

Your daily dose of handpicked news from Business Standard and elsewhere

What will RBI do with scrapped currency notes?

According to reports, the central bank has chalked out unique ways for innovative use of banned notes

3 armymen dead, 1 JCO injured in helicopter crash in Bengal

The officers were on board the Cheetah helicopter which crashed at 10.30 am

National anthem must be played in theatres before screening of movies: SC

SC said that everyone present in the cinema halls must rise and pay respect to the national anthem

J C Bose: One of India's greatest scientists with many facets

Google remembers Bose with a doodle on his 158th birth anniversary

RBI caps withdrawals from Jan Dhan accounts at Rs 10,000 a month

Move aimed at protecting account holders from being used for money-laundering and benami transactions

From Tata Power EGM to Colombia plane crash: 5 key developments

In other news, Prime Minister Narendra Modi tells BJP MPs, MLAs to come clean on transactions

Suspend AAP MP Bhagwant Mann for one day, says MPs' panel

He was found guilty by MPs' panel for breaching Parliament security in mobile video

BJP makes clean sweep in Gujarat local body polls, wins 109 seats

Riding high on the Narendra Modi wave, BJP gets another reason to cheer; Congress bags 17 seats

How to go cashless? Learn it from PM Modi

As his govt pushes for more cashless transactions to tide over currency shortage, PM takes to Twitter to teach how it's done

Submit bank transaction details from Nov 8 to Amit Shah: Modi to BJP lawmakers

The remarks came as united Opposition is trying to corner the government in Parliament over demonetisation

From StanChart to AskMe: All major India job cuts in recent months

Amid an uncertain economic climate, many companies have gone for wholesale layoffs in recent months

From Tata Power board meeting to Maharashtra civic polls: 5 key developments

In other news, Reliance Jio crosses 50 million subscriber mark

New income declaration scheme explained

Govt has proposed a total tax, penalty and surcharge of 50% on amount deposited since demonetisation

Here's how opposition parties observed 'Aakrosh Diwas' across country

While Congress did not go for the proposed Bharat Bandh, the Left parties called a 12-hour bandh and Mamata vowed to remove Modi from politics

Shilpa Shetty thinks kids can learn about animals from Animal Farm, Twitter agrees

Twitterati used her statement to tell us which other books could be good for young students

Are you paying by cheque for your daughter's wedding, Kejriwal asks Union minister

It's my son's wedding, not my daughter's, replies civil aviation minister

Paytm's in-app POS system: How it works

Recently, Paytm has been exploiting the opportunity at a breakneck speed to capture and disrupt a large part of the market with its e-wallet

Nabha Jailbreak: 24 hrs later, Khalistan militant Harminder Mintoo back in jail

Mintoo was arrested in Nov 2014 after he was deported from Thailand and was wanted in 10 terror cases

From Bharat bandh to Nabha jailbreak: 5 key developments

In other news, Urjit Patel says RBI taking steps to ease citizens' pain due to demonetisation