Politicians, babus and hoarders woo friends to turn black money into whiteFollowing the crackdown on black money post Prime Minister Narendra Modi's announcement on demonetization of Rs 500 and Rs 1,000 notes last Tuesday, panic-stricken hoarders of black money—mostly jewellers, traders, politicians and bureaucrats across the country—are desperately looking for innovative means to convert their unaccounted wealth to white money. Read moreDNA Exclusive: Banks shower loans 'wilful defaulter' Niranjan Hiranandani"Defaulter!" This is exactly how India's premier institution, the RBI, had described property tycoon and co-founder of the Hiranandani Group — Niranjan Hiranandani. But despite the RBI declaring Hiranandani as a "wilful defaulter" as far back as 2014, the group continues to receive loans from premier banks across the country. Read full storyTrump appoints Priebus as chief of staff, hardliner Bannon as chief strategistPresident-elect Donald Trump chose Washington insider Reince Priebus as White House chief of staff and firebrand conservative Stephen Bannon as chief strategist, showing a willingness to work with Congress and giving a nod to right-wing activists who helped sweep him into office.

Source: dna November 15, 2016 03:25 UTC