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| Three Army men were martyred in a terrorist attack in J&K’s Kupwara district. The terrorists attacked an Army camp in Kupwara district during the wee hours of Thursday morning. Two terrorists were gunned down in the exchange of fire and the encounter is under way. |
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| The government gave the security forces a ‘hit list’ of Red rebels. The CRPF and other forces have been asked to demoralise the Naxalites by targeting their leaders, area commanders and influential members of the ‘jan militia’. There are an estimated 4,000 armed Naxalite cadres in the Bastar belt, aided by a 10,000-12000-strong ‘jan militia’. 25 CRPF jawans lost their lives in the Naxalite attack in Chhattisgarh’s Sukma district on Monday. |
| In face of defeat, several AAP ministers call for introspection. The party was divided on Wednesday with several leaders like Kapil Mishra saying the loss cannot be blamed only on EVMs even as the party leadership alleged “rigging” of voting machines. Several volunteers, the backbone of the party, are also refusing to buy the claims made by the leadership. Delhi deputy Chief Minister Manish Sisodia, however, said the party would introspect on reasons behind its defeat, but that does not mean EVMs were not tampered with. |
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| Donald Trump administration introduced massive tax reforms. The Trump administration released a tax plan that proposes to sharply slash business taxes and steeply discount the rate on corporate profits brought back into the United States. The tax plan proposes cutting top income tax rate from 39.6 per cent to 35 per cent, and doubling the amount Americans can deduct from their tax returns. It also proposes to repeal estate tax, the alternative minimum tax and providing tax relief for families with child and dependent care expenses. |
| Kia Motors is all set to enter the highly-competitive Indian car market. A group company of South Korean auto giant Hyundai, Kia Motors will invest $1.1 billion to build its first factory in India. The company will sell a mini sedan and a compact SUV to begin with, and will expand its portfolio over time. Group company Hyundai has been in India for the past 20 years and is the second largest carmaker here. |
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