Samajwadi Party chief Mulayam Singh Yadav today expelled his son and Uttar Pradesh Chief Minister Akhilesh Yadav from the party just ahead of crucial elections in Uttar Pradesh; Samajwadi party chief Mulayam Singh Yadav said he will decide who will be the new Chief Minister. Ram Gopal Yadav, who was also expelled by Mulayam, called the expulsion unconstitutional; Starting January 1, you can pull out Rs. 4,500 per day per card- the limit currently is Rs. 2,500. However, the weekly limit per bank account remains unchanged at Rs. 24,000 as the government tries to replace the outlawed currency with new bills; In keeping with his push to steer India towards a digital economy, Prime Minister Narendra Modi today launched a new e-wallet app, BHIM, named after founding father Dr BR Ambedkar, to make it easier to transact online; all this and more in our news wrap of the day.