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Dec 15: Shares of Johnson & Johnson fell 10 percent on Friday and were on track to post their biggest percentage drop in more than 16 years, after Reuters reported that the pharma major knew for decades that cancer-causing asbestos lurked in its Baby Powder. The decline in shares erased about $40 billion from the company's market capitalisation, with investors worrying about the impact of the

Kathmandu, Dec 14: The Nepal government has banned the use of Indian currency notes of Rs 2,000, Rs 500 and Rs 200 denominations, according to a media report. The government has asked the people to refrain from keeping or carrying Indian bank notes higher than Rs 100 denomination as it has not legalised them, The Kathmandu Post quoted Minister for Information and Communications Gokul Prasad

New Delhi, Dec 14: Noted English writer Amitav Ghosh has been honoured with this year's Jnanpith Award, a literary award given to an author for "outstanding contribution towards literature", Bharatiya Jnanpith announced Friday. "Amitav Ghosh is a path-breaking novelist. In his novels, Ghosh treads through historical settings to the modern era and weaves a space where the past connects with the

New Delhi, Dec 14: Veteran Congress leader Ashok Gehlot will be the next chief minister of Rajasthan, the Congress announced on Friday ending days of suspense over the new leadership in the state. In a delicate balancing act, young leader and state Congress President Sachin Pilot will be the deputy chief minister of Rajasthan. AICC General Secretary K C Venugopal, who was sent as the central

New Delhi, Dec 14: Former Reserve Bank of India (RBI) Governor Raghuram Rajan on Friday claimed that the loan waivers for farmers actually go to the "best connected rather than the poorest". He also underlined as to how it creates problems for the fiscal of the state too. "Certainly, there is a reason to discuss about farm distress but the question of whether the flows to farmers is best affected

New Delhi, Dec 14: As many as 10,500 restaurants have been de-listed by e-commerce firms like Zomato and Swiggy for not having license or registration under the food safety law, Parliament was told Friday. Minister of state for health Ashwini Kumar Choubey said the Food Safety and Standards Authority of India or FSSAI in July directed food e-commerce firms to de-list the the restaurants which don

Since Prime Minister Narendra Modi stormed into the capital's South Block in end-May 2014, he has reportedly made 84 trips around the world, which cost about $280 million (over Rs 2,010 crore), according to the government. The above information was provided by Minister of State for External Affairs V.K. Singh in Parliament, in a response to a lawmaker's question, Bloomberg reported. The travel

New Delhi, Dec 14: Following is the chronology of events in which the Supreme Court Friday refused to direct CBI to register FIR in connection with the alleged irregularities in the procurement of 36 Rafale fighter jets from France. -Dec 30, 2002: Defence Procurement Procedures (DPP) adopted to streamline procurement procedures. -Aug 28, 2007: Ministry of Defence issues Request for Proposal for

Washington, Dec 14: President Donald Trump calls India a "true friend", a top American diplomat has said as she highlighted the steps taken by the US over the last two years to strengthen its ties with India for the benefit of a broader Indo-Pacific region. Principal deputy assistant secretary of state for south and central Asia Alice Wells' remarks came at a farewell reception hosted by the State

New Delhi, Dec 14: The BJP Friday demanded an apology from the Congress and its president Rahul Gandhifor levying allegations against Prime Minister Narendra Modi in the Rafale fighter jet deal, in which the Supreme Court has given the government a clean chit. The apex court dismissed all the petitions seeking a direction to the CBI to register an FIR for alleged irregularities in the procurement