UPDATES: RBI Governor Shaktikanta Das' tenure likely to be extended further
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Government is likely to extend the term of RBI's governor Shaktikanta Das for a second time, 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.
Finance minister Nirmala Sitharaman said that banks should focus on core business and misselling insurance with loans indirectly increases cost of borrowing. ''Cost of borrowing is 'very stressful' and bank interest rates will have to be far more affordable,'' she said. She further said that government is fully aware of domestic and global challenges, and there is no cause for any undue concerns. SC on Monday questioned Delhi govt over delay in implementation of stage 4 of GRAP in national capital despite alarming rise in pollution. The court also asked the Delhi govt about steps taken to curb rising pollution level in national capital. The court said that it will not allow scaling down of preventive measures under stage 4 of GRAP even if AQI goes below 450. 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. The development comes amid the National People's Party (NPP), which has seven MLAs in the 60-member Manipur Assembly, withdrawing support from the BJP-led government, claiming that the N Biren Singh dispensation has "completely failed to resolve the crisis and restore normalcy" in the northeastern state. Former Delhi Minister and AAP leader Kailash Gahlot joins BJP, in the presence of Union Minister Manohar Lal Khattar and other BJP leaders today. This comes a day after he resigned from AAP. Delhi Chief Minister Atishi said north India is facing a medical emergency due to hazardous air quality caused by stubble burning. Atishi said the BJP-led central government has been doing politics over the issue of pollution but has taken no step to check stubble burning in states like Haryana, Rajasthan, Uttar Pradesh and Madhya Pradesh, all ruled by the saffron party. Lauding the AAP-ruled Punjab, she said it is the only state where the cases of stubble burning have come down significantly. In BJP-ruled states, they have gone up, she claimed. Atishi said due to Delhi's worsening air quality, the elderly are being hospitalised and children need inhalers and steroids to breathe. Supreme Court questions authorities why there was a delay of 3 days in imposing Grap 3 in Delhi NCR. Supreme Court says it is proposing to pass an order that authorities will not go below Grap stage 4 without court’s permission even if Air Quality Index (AQI) goes below 300. Delhi government tells Supreme Court that Grap-4 is imposed from today. Supreme Court passes over the matter and will take it up again at the end of the board today.
IndiGo Airlines issued a travel advisory for passengers owing to fog conditions in the national capital. In a post on X, the airlines recommended passengers to allow extra travel time and check flight status before starting their journey. "Fog is currently affecting visibility in Delhi, which may result in slow-moving traffic and delays in flight schedules. We recommend allowing extra travel time and checking flight status before starting your journey. Safe travels!" the post mentioned.
US President Joe Biden has authorised Ukraine to use American-supplied long-range missiles to strike deeper inside Russia, easing limitations on the weapons as Russia deploys thousands of North Korean troops to reinforce its war, according to a US official and three people familiar with the matter. The decision allowing Kyiv to use the Army Tactical Missile System, or ATACMs, for attacks farther inside Russia comes as President Vladimir Putin positions North Korean troops along Ukraine's northern border to try to reclaim hundreds of miles of territory seized by Ukrainian forces.
10:41 PM
As Gahlot quits Atishi govt, AAP-BJP eye 25 Delhi Dehat seats ahead of Assembly polls
The entry of former Delhi minister Kailash Gahlot in the BJP on Monday, a day after he quit the Arvind Kejriwal-led Aam Aadmi Party (AAP), has brought into focus the fight between the two parties for nearly 25 seats in the Delhi Dehat area. Moving in quickly to control the damage caused by the exit of Gahlot, a popular Jat leader, AAP on Monday announced his replacement by another member of the community Raghuvinder Shokeen in the Atishi government.
10:18 PM
K Sanjay Murthy to be next Comptroller and Auditor General (CAG) of India
The government on Monday said K Sanjay Murthy will be the next Comptroller and Auditor General of India. Murthy, a 1989 batch IAS officer of Himachal Pradesh cadre, will succeed Girish Chandra Murmu. He is currently Secretary, Department of Higher Education, Ministry of Education.
10:12 PM
Manipur government sets up committee to probe into Jiribam firing incident
The Manipur government on Monday said it has constituted a two-member inquiry committee to look into the causes that led to a firing in Jiribam district, which left one person dead and another injured. A protester was killed and another was injured in firing during a clash between security forces and a mob that was vandalising properties in Babupara areas of Jiribam on Sunday night.
9:55 PM
Delhi govt suspends in-person classes in schools, except classes 10th and 12th
Delhi government has decided to suspend in-person classes for all except for students of classes 10 and 12 amid alarming levels of pollution in national capital.
9:38 PM
Focused on inclusive development, women-led development: PM Modi at G20 summit
Speaking at the G20 summit, PM Modi said that we focused on inclusive development, women-led development, and youth power and gave wings to hopes and aspirations of Global South.
9:21 PM
Will reform institutions of global governance, says PM Modi at annual G20 summit
Participating in the 19th G20 summit, PM Modi said that just as we amplified voice of Global South by granting G20 membership to African Union, we will reform institutions of global governance.
9:19 PM
Countries of Global South most adversely impacted by food, fuel and fertilizer crisis: PM Modi
PM Modi on Monday said that countries of the Global South are most adversely impacted by food, fuel and fertilizer crisis caused by global conflicts. He further said that our discussions can only be successful when we keep in mind the challenges and priorities of Global South.
9:18 PM
Support Brazil's initiative for 'Global Alliance against Hunger and Poverty': PM Modi
Making his initial remark at G20 summit, PM Modi said, "We support Brazil's initiative for a 'Global Alliance against Hunger and Poverty': PM Modi is in Brazil's Rio de Janeiro to participate in the ongoing 19th summit.
9:16 PM
People centric decisions taken at G20 New Delhi summit carried forward by Brazil: PM Modi
PM Narendra Modi said that people centric decisions taken at G20 summit in New Delhi have been taken forward during Brazil's Presidency of the grouping. He is in Brazil to participate in the 19th G20 summit.
9:10 PM
Jailed gangster Lawrence Bishnoi's brother Anmol held in US: Report
Jailed gangster Lawrence Bishnoi's brother Anmol, wanted for the murder of NCP leader Baba Siddique and firing outside actor Salman Khan's Mumbai home, has been detained in the United States, Mumbai police sources said
8:22 PM
'Never asked Hindus to unite against Muslims', says Eknath Shinde
Launching a strong defence of BJP's 'ek hai toh safe hai' poll pitch, Maharashtra Chief Minister Eknath Shinde on Monday said nowhere has the party asked Hindus to unite against Muslims. Shinde expressed confidence that the Mahayuti would win the November 20 assembly elections convincingly, allowing it to continue with its agenda of development with renewed vigour. Poll results will be announced on November 23.
8:03 PM
Seizures cross Rs 1,000 crore mark in ongoing Assembly elections, bypolls: EC
The Election Commission on Monday said seizures from Jharkhand, Maharashtra and the various bypoll-going constituencies have crossed the Rs 1,082-crore mark. In Maharashtra and Jharkhand, seizures this election are seven times those made in the 2019 assembly polls in the two states, the poll authority said.
Overall, seizures worth Rs 858 crore have been reported from Maharashtra and Jharkhand.
7:27 PM
'Ladki Bahin' beneficiaries to get Dec instalment after voting ends on Nov 20, says CM Shinde
Maharashtra Chief Minister Eknath Shinde on Monday said beneficiaries of Ladki Bahin Yojana will get the December instalment of the monthly aid of Rs 1250 on November 20 at the end of voting for the state assembly polls. The scheme is targeted at women with an annual family income of less that Rs 2.5 lakh.
7:05 PM
Asia Index launches BSE Select IPO to measure newly listed stocks
Asia Index Private Ltd, a subsidiary of BSE, on Monday announced the launch of a new index - BSE Select IPO - to measure the performance of newly listed stocks on the bourse either through a public issue or spin-off/demerger process.
6:45 PM
G20 summit begins in Rio as Donald Trump's return unsettles global order
Leaders of the Group of 20 major economies began arriving on Monday at Rio de Janeiro's Modern Art Museum for their annual summit, bracing for a shift in the global order with the return to power of US President-elect Donald Trump. President Luiz Inacio Lula da Silva received the heads of government on a red carpet at the museum where they will meet through midday on Tuesday.
Topics : Narendra Modi Joe Biden Amit Shah Atishi Brazil G20 G20 summit G20 meeting IndiGo Airlines Fog Russia Ukraine Conflict Ukraine Delhi air quality Manipur Supreme Court
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First Published: Nov 18 2024 | 7:57 AM IST