What's making news at this hour:

December 23, 2016 09:11

* Bihar: IT Dept officials conduct raid at the premises of a businessman in Muzaffarpur

* The all powerful Goods and Services Tax Council would take up the contentious issue of cross empowerment of Centre and states to avoid dual control over assessees in the new indirect tax regime. Sources said the IGST which also deals with jurisdiction over tax assessees would be discussed. They said the issue requires more discussion as there is diversion of opinion between states and Centre as who will tax which set of assessees. The GST Compensation law is also scheduled for today.

* Reliance Home Finance's maiden issue of non-convertible debentures, which saw robust response on the first day on Thursday with overall subscription worth nearly Rs

4,000 crore, will close today, ahead of the scheduled closing of January 6.

* Army chief Gen Dalbir Singh Suhag and IAF chief Air Chief Marshal Arup Raha will take part in their last meeting of the Defence Acquisition Council, during which several key projects will be discussed. Both the chiefs retire on December 31, sources said, adding that most of the proposals that will be considered are for the

army and the IAF. Also on the agenda are two classified projects, one pertaining to acquisition of arms and ammunition for the Special Forces and another related to the Airborne Warning And Control System.

* As part of his campaign against demonetisation, Delhi Chief Minister Arvind Kejriwal would address a public meeting at Ramlila maidan in Jaipur today.

* An Islamic State-inspired Christmas Day terror plot targeting central Melbourne with explosives has been foiled after raids across the city resulted in seven arrests, police said today. Victoria Police chief commissioner Graham Ashton alleged those detained planned to attack high-profile locations including Melbourne's iconic train station, Federation Square and St Paul's Cathedral.

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