Business Standard

LIVE: Cryptocurrency poses risk to Indian economy, says Sitharaman in LS

From presidential elections to coronavirus cases, the Monsoon session of the Parliament and the emergency in Sri Lanka, catch all the latest developments from across the globe here

Image BS Web Team New Delhi
Nirmala Sitharaman

File photo of Union Finance Minister Nirmala Sitharaman

The Monsoon Session of Parliament will begin today as the first day of the session will see voting for the presidential election. The central government will seek to push several legislations during the session as it will put 24 new bills for passage in the Parliament. Union Minister Prahlad Joshi has listed the government's business for the session, which includes 14 pending bills and 24 new bills.

Nearly 4,800 MPs and MLAs will vote today to choose the 15th President of India as the tenure of Ram Nath Kovind will end on July 24. National Democratic Alliance's Droupadi Murmu and Opposition's joint candidate Yashwant Sinha are the main candidates in the fray for the presidential poll. The polling will take place between 10 am and 5 pm in the Parliament and state legislative assemblies. The counting of votes will take place on July 21, Thursday, and the next President will swear in on July 25.
Sri Lanka's acting president Ranil Wickremesinghe today declared a state of emergency in the country with immediate effect, ahead of the July 20 election for the post of the president which fell vacant after Gotabaya Rajapaksa's resignation following the popular public uprising against him.

1:22 PM

Cryptocurrency should be prohibited according to RBI, Sitharaman tells Lok Sabha

Cryptos became popular due to "rumours of high returns". Only the government and the RBI should be allowed to issue currency: Sitharaman.
1:18 PM

Monsoon Session: Cryptocurrency poses risk to Indian economy, FM tells Lok Sabha

Cryptocurrency poses risk to Indian economy according to the Reserve Bank of India, Finance Minister tells Nirmala Sitharaman tells Lok Sabha
1:09 PM

Not even in my dreams did I think that a common man like me would be given such an opportunity: Dhankar

12:14 PM

Jagdeep Dhankhar arrives at the Parliament Library Building to file his nomination

12:06 PM

Lok Sabha adjourned till 2 pm

Lok Sabha has been anjourned till 2 pm to fecilitate the MPs to vote for the ongoing presidential elections
11:03 AM

CM Jagan casts first vote in AP in presidential poll

Chief Minister Y S Jagan Mohan Reddy cast the first vote as polling process for the presidential election got underway at 10 am in the Andhra Pradesh Legislative Assembly on Monday.
 
Speaker Tammineni Sitaram was the next to exercise his franchise. Several ministers then cast their votes. The ruling YSR Congress pledged its support to the NDA's presidential nominee Droupadi Murmu. 
11:03 AM

Presidential polls: Voting starts at Uttar Pradesh Assembly

Voting for the presidential elections commenced at the Uttar Pradesh Assembly's Tilak Hall on Monday morning.
 
The voting will continue till 5.00 pm, a senior official said.
 
Brij Bhushan Dubey, the returning officer for the elections in Uttar Pradesh, said all legislators were informed and told what precautions they have to take. The MLAs will have to use a special pen given by the Election Commission of India to vote, he said.
 
Three polling booths have been set up. Two ballot boxes, which have come from Delhi, will be sent back to the national capital after voting is completed on July 18, Dubey said.
11:02 AM

Prez polls: Some Cong MLAs will vote as per their conscience, says Maha BJP chief

Maharashtra BJP president Chandrakant Patil on Monday said he was sure that some of the Congress MLAs who remained absent during the Eknath Shinde government's trust vote will vote as per their conscience in favour of National Democratic Alliance's presidential poll candidate Droupadi Murmu.
 
Speaking to reporters in the Maharashtra Vidhan Bhavan premises where voting was underway for the presidential election, Patil said the Congress cannot even guard its own MLAs.
11:02 AM

Voting underway in Karnataka for Presidential election

Voting is underway at 'Vidhan Soudha' here for the Presidential election where the NDA candidate Droupadi Murmu is pitted against joint opposition pick Yashwant Sinha.
 
There are 28 Lok Sabha members in Karnataka comprising 25 from BJP, one each from Janata Dal and Congress and an independent member. The state has 11 Rajya Sabha members -- five each from BJP and Congress, and one from JD(S) (former Prime Minister H D Deve Gowda).
9:24 AM

2 Army personnel killed in accidental grenade blast along LOC in Poonch

Two army officers were killed in an accidental grenade blast along the Line of Control in the Mendhar sector of Jammu and Kashmir's Poonch, Defence Public Relations Office informed on Monday. During the treatment, one army officer and one Junior Commissioned Officer (JCO) succumbed to their injuries.
9:23 AM

India logs 16,935 new cases

India logs 16,935 new cases, 51 deaths in 24 hours. Caseload at 43,767,534.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 18 2022 | 9:22 AM IST