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Top 5 news at 1 PM on August 23: SIT recommend banning cash transaction, Pakistan claim top test ranking

The Central Government Is Examining SIT's Recommendation Of Banning Cash Transactions Of Over Rs 3 Lakh In A Bid To Clamp Down On Black Money In The Economy, CBDT Chairperson Rani Singh Nair Said On Tuesday.

News Nation Bureau | Edited By : Saurabh Kumar | Updated on: 23 Aug 2016, 01:38:52 PM

New Delhi :

The Central government is examining SIT's recommendation of banning cash transactions of over Rs 3 lakh in a bid to clamp down on black money in the economy, CBDT Chairperson Rani Singh Nair said on Tuesday.

1)  SC-appointed SIT recommends Rs 3 lakh as upper limit to cash transactions to curb black money

It recommended a total ban on cash transactions of Rs 3 lakh and above and that "an Act be framed to declare such transactions as illegal and punishable by law".

2) Kannada actor-politician Ramya draws flak for 'Pakistan not hell' remark, faces sedition case

Kannada actor-politician Ramya (Divya Spandana) is facing sedition case for praising Pakistan after attending a SAARC Young Parliamentarians Conference in Islamabad recently. 

3) Pakistan dethrones arch-rivals India to claim the top ICC Test ranking

A washed out match against West Indies, cost India to lose the top ICC Test ranking to arch-rivals Pakistan on Monday. India slip to number 2 in ICC test ranking as Pakistan claim the top spot for the first time.

4) PV Sindhu's Olympic silver medal win celebrations continue on Day 2: After Hyderabad, a victory rally in Vijayawada

PV Sindhu is being claimed by both Andhra Pradesh and Telangana as their own, but the Olympic silver medallist’s mentor Pullela Gopichand on Monday said that “she belongs” to India.

5) Olympic Marathon runner OP Jaisha sticks to her guns; demands inquiry

OP Jaisha demands inquiry on AFI statement saying she refused to avail drinks during marathon. She gave an interview to ANI and blamed AFI representatives of being absent from the stalls

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First Published : 23 Aug 2016, 01:23:00 PM