Business Standard

UPDATES: RBI Governor Shaktikanta Das' tenure likely to be extended further

Catch all the latest news updates from around the world here

Image BS Web Team New Delhi
Shaktikanta Das

It will be an unprecedented move that would make him the longest serving chief since the 1960s.

6:27 PM

RBI chief Shaktikanta Das' term likely to be extended further

Government is likely to extend the term of central bank governor Shaktikanta Das for a second time, three sources with direct knowledge of the matter told Reuters, an unprecedented move that would make him the longest serving chief since the 1960s. Das was one of the most trusted bureaucrats in Prime Minister Narendra Modi's administration before he was appointed to lead the Reserve Bank of India in December 2018, at a time when the relationship between the government and the regulator was tumultuous.
6:00 PM

Election campaign for Maharashtra assembly polls ends; voting on Nov 20

The election campaign for the Maharashtra assembly polls ended on Monday, with the ruling BJP-led Mahayuti alliance vying to retain power and the Maha Vikas Aghadi (MVA) combine hoping for a strong comeback. Polling will be held in all the 288 assembly seats on November 20 and votes will be counted on November 23. 
5:37 PM

Air purifier, mask sales increase in Delhi-NCR with severe air pollution

With air pollution levels escalating to alarming levels in Delhi and the National Capital Region, the sale of air purifiers and masks have surged significantly, according to traders in the city. Delhi's air quality plummeted to the 'severe plus' category on Monday, with the Air Quality Index (AQI) soaring to 484 — its worst reading this season, according to the Central Pollution Control Board (CPCB).
5:08 PM

SBI raises Rs 10,000 cr through infrastructure bond issuance

Country's largest lender State Bank of India on Monday said it has raised Rs 10,000 crore through its seventh infrastructure bond issuance. SBI raised Rs 10,000 crore on Monday at a coupon rate of 7.23 per cent through its seventh infrastructure bond issuance, the lender said in a statement.
4:45 PM

Cost of borrowing very stressful, interest rates will have to be more affordable, says FM Sitharaman

Addressing an SBI event FM Nirmala Sitharaman said that cost of borrowing has become 'very stressful' and bank interest rates will have to be far more affordable. She further said that govt fully aware of domestic and global challenges, there is no cause for any undue concerns.
4:12 PM

Mahayuti govt rushed to approve Adani's projects ahead of poll announcement: Cong

The Congress on Monday accused the Mahayuti government in Maharashtra of rushing to approve projects for the Adani Group ahead of the announcement of elections in the state, but said the people had "seen through these games". Congress general secretary Jairam Ramesh that recent statements from top Mahayuti leaders have made it clear why the government has approved these projects.
3:52 PM

PM Modi lies that I am against reservation, says Cong leader Rahul Gandhi

Addressing a poll rally in Jharkhand, Congress leader and Leader of Opposition in Lok Sabha Rahul Gandhi said that PM Modi lies that I (Rahul) am against reservations. INDIA bloc wants to increase it, remove 50 per cent cap, he said.
3:31 PM

Supreme Court questions Delhi govt about steps taken to curb rising air pollution in national capital

Supreme Court on Monday asked Delhi government about the steps taken to curb the rising air pollution in the national capital. The Court further asked the government of administrative delay in implementing the preventive measures under various stages of GRAP
2:59 PM

Maharashtra polls: Rahul mocks PM Modi's 'Ek hai toh safe hai' slogan

Congress leader Rahul Gandhi on Monday brought a safe to his press conference in Mumbai, to mock Prime Minister Narendra Modi's 'Ek hai toh safe hai' slogan. Gandhi said the November 20 Maharashtra assembly election is a contest between billionaires and the poor, adding that the Maha Vikas Aghadi government would prioritise farmers, the underprivileged, and the unemployed.

2:47 PM

Congress asks PM to visit state; seeks Shah's resignation amid Manipur violence

Amid spike in violence in Manipur, the Congress on Monday asserted that Prime Minister Narendra Modi must visit the troubled state before the Parliament session and demanded Home Minister Amit Shah's resignation for the "double engine government's complete failure" there.
2:37 PM

Manipur CM Biren Singh convenes NDA meeting to discuss developing situation

Manipur Chief Minister N Biren Singh has convened a meeting with ministers and MLAs of the ruling NDA here at 6 pm to review the "developing law and order situation in the state", officials said.
2:26 PM

PM Modi's pre-poll foreign visit shows he conceded defeat: CM Reddy

Telangana Chief Minister Revanth Reddy on Monday said that Prime Minister Narendra Modi's visit abroad before the campaigning for the November 20 Maharashtra elections could end shows that he and the BJP have conceded defeat. Addressing a press conference here, Reddy dared the saffron party to prove its claim that the Congress government in the southern state did not fulfil its poll guarantees.

2:12 PM

AAP making allegations to divert attention: BJP's Vijender Gupta amid Gahlot's resignation

Delhi Assembly Leader of Opposition (LoP) and BJP leader Vijender Gupta on Monday accused the AAP-led Delhi government of making allegations in an attempt to divert attention from themselves. "The party that walked on the path of honesty has now strayed from its path. The leaders who once talked about honesty are themselves immersed in corruption. In such a situation, when people are leaving the party, making such allegations is just an attempt to divert attention from themselves," Gupta said.
1:42 PM

NIA takes over investigation of three Manipur violence cases occurred this month

The National Investigation Agency (NIA) has taken over investigation of three key cases linked to the recent violence took place in Manipur in the first two weeks of this month, resulting in loss of lives and widespread disruption of public order. The agency took over these cases from Manipur Police following a recent directive issued by the Ministry of Home Affairs (MHA) as the violent activities linked to the three cases had caused incidents escalating in the hilly state. 

1:29 PM

The values ​​for which we joined AAP were being completely compromised: Kailash Gahlot

After joining BJP, Kailash Gahlot says "I joined AAP with the purpose of serving the people of Delhi. The values ​​for which we joined the Aam Aadmi Party were being completely compromised in front of my eyes. These may be my words but I guarantee that behind these words reflect voice of lakhs and thousands of AAP workers. They joined to serve the common man, they have become 'Khaas' from 'Aam admi' now.

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

First Published: Nov 18 2024 | 7:57 AM IST

Explore News