NEWS

Five must-read stories—January 10

The stories you can’t miss

PTI Photo
PTI Photo The RBI, in its submission to a Parliamentary panel, has said it was the Government which “advised” it to withdraw ₹500 and ₹1,000 notes

On November 7, it was Centre which ‘advised’ RBI to ‘consider’ note ban, got RBI nod the next day

Contrary to the Government's stand that the decision to withdraw ₹500 and ₹1,000 notes came from the Reserve Bank of India, in its submission to a Parliamentary panel late last month, the RBI said it was the Government which “advised” it to do so. The apex bank agreed with the Government’s rationale behind the move, reports The Indian Express.


After rounds of father-son tussle, Mulayam says Akhilesh will be the next CM

Raising hopes of reconciliation, SP patriarch Mulayam Singh Yadav on Monday said in Lucknow Akhilesh Yadav would be the next chief minister of Uttar Pradesh after the forthcoming polls and there was no question of a split in the Samajwadi Party, reports The Economic Times.


CAT results: IIMs may have messed up percentile maths

Given that IIMs award percentiles up to two decimal places, 20 out of 1,95,000 students getting ’100 percentile’ in the Common Admission Test (CAT) results on Monday is a mathematical oddity, says Mint.


Contrary to reports, Yahoo is not changing its name to Altaba

Contrary to some news reports on Monday, only the part of Yahoo that is not being sold to Verizon will be renamed “Altaba”. In addition, Yahoo CEO Marissa Mayer is to step down from its board, but will continue to be CEO, reports The Guardian. Verizon agreed to buy Yahoo’s search engine and web portal for $4.83bn back in July.


Cristiano Ronaldo closes gap with Messi, wins his fourth FIFA best player award

Cristiano Ronaldo received FIFA’s best player award for the fourth time on Monday, after Portugal and Real Madrid won both major European titles in 2016. Ronaldo’s fourth FIFA award closed the gap on five-time winner Messi, the runner-up to each Ronaldo victory, who did not attend the ceremony. An AP report in The Hindu.

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