16th FEB-National, International & Sports News Round-up
Editorial Team 16-02-2016
- In UP by-poll The BJP won Muzaffarnagar ,Congress won the Deoband and the SP won the Bikapur seat.
- In Punjab by-poll the ruling SAD won the by-poll to Khadoor Sahib Assembly seat.
- In Maharashtra by-poll Shiv Sena retained the Palghar assembly seat.
- In Telangana by-poll, TRS won the Narayankhed Assembly seat in Medak district.
- In Tripura by-poll Ruling Communist Party of India-Marxist won the Birganj assembly by-election.
- In MP by-poll, the ruling Bharatiya Janata Party has won the Maihar assembly seat
- Two-day US-ASEAN Summit began in in Los Angeles , United States .
- Former U.N. Secretary-General Boutros Boutros-Ghali (1992–1996) of Egypt has died. He was 93.
- The United States and Cuba sign an agreement restoring commercial air traffic between the two countries for the first time in 50 years.
ECONOMY & BUSINESS
- Interest on short-term post office saving deposits, Kisan Vikas Patra (KVP) as well as 5-year Recurring Deposits has been cut by 0.25 per cent. Rates for long-term instruments such as monthly investment scheme (MIS), PPF, senior citizen and girl child plans have been left untouched.
- The employees' provident fund will earn a higher interest rate of 8.8 per cent for 2015-16, marginally up from the existing 8.75 per cent.
- The I-T department has issued Vodafone a reminder over its Rs 14,200 (Rs 142 billion) crore tax demand and threatened to seize assets in the case of non-payment.