A day after presenting bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das on Saturday met Finance Minister Nirmala Sitharaman.
The meeting comes just ahead of the extended term of incumbent RBI Governor coming to an end. Das's three-year extended term comes to an end on December 10.
In 2021, the government had announced a three-year extension to Das's tenure, a month before his term came to an end.
According to sources, Das called on the Finance Minister in the evening here.
The career bureaucrat-turned-central banker, Das, was appointed the 25th RBI Governor on December 12, 2018, after the abrupt exit of Urjit Patel.
With the three-year-extension granted to Das, he is already one of the longest serving RBI governors in its 90-year history.
The RBI had on Friday opted for a status quo on the rates for the 11th consecutive time, amid growing calls to address the slowdown in GDP growth in the September quarter at 5.4 per cent.
Das, while unveiling bi-monthly policy,

Shaktikanta Das, Shaktikanta, RBI Governor

The US on Saturday rejected the BJP's allegations that organisations funded by the US State Department and elements in the American "deep state" were behind attempts to destabilise India through targeted attacks on Prime Minister Narendra Modi and business tycoon Gautam Adani.
A spokesperson at the US embassy described the allegations as "disappointing" and asserted that the US government has been a champion of media freedom around the world.
The BJP alleged on Saturday that the US deep state colluded with the media portal OCCRP (Organised Crime and Corruption Reporting Project) and Congress leader Rahul Gandhi to "damage" India's image.
The BJP had cited Gandhi's use of reports by OCCRP to attack the Adani Group and to accuse it of having closeness with the government.
"It's disappointing that the ruling party in India would make these kinds of accusations," the US embassy spokesperson said.
"The US government works with independent organisations on programming that supports ...

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Leading cement maker UltraTech Cement has received a notice from the fair trade regulator CCI over its proposed acquisition of the South-based India Cements Ltd.
UltraTech Cement, in a regulatory filing, said it has received notice from the Competition Commission of India (CCI), and the Aditya Birla group flagship firm is confident in the merits of its case.
"The Company has received a communication from the Competition Commission of India under Section 29 (1) of the Competition Act, 2002, regarding the proposed acquisition of The India Cements Ltd. The Company will be responding to the same," said UltraTech.
The southern market for grey cement, where India Cements primarily operates, is highly competitive and fragmented, with the presence of over 35 grey cement manufacturers.
"We are confident of the merits of our case," the Aditya Birla Group firm said.
Under the CCI Act, where the fair trade regulator is of the opinion that a combination is "likely to cause, or has caused an ..

UltraTech

Maharashtra GST authorities conducted searches at three ICICI Bank offices on Thursday. The bank said that it is cooperating with the investigation, but details of the probe remain undisclosed

ICICI Bank

Agarwal Toughened Glass IPO listing aligns with grey market trends, as the company's shares were commanding a strong premium in unofficial markets

market

Earlier today, Congress MP Gaurav Gogoi also moved an adjournment motion notice in Lok Sabha to discuss the stopping of Leader of Opposition Rahul Gandhi

KC Venugopal, PAC head

Rohit explained that making a decision on his own batting position wasn't easy for him personally, but for the sake of the team, he had to make the change.

Rohit Sharma (Left) and KL Rahul (Right)

Opposition MPs wore jackets symbolising their protest over the Adani issue which mentioned: 'Modi Adani Ek Hai, Adani safe hai'

Rahul Gandhi, Rahul, congress leader

Technically, IndiGo stock seems to be facing resistance around its 100-DMA on the daily chart; however, the short- and the long-term trend seems favourable for the stock.

indigo airlines, indigo

India endured a brief injury scare on Saturday when pace spearhead Jasprit Bumrah appeared to clutch his adductor muscle while bowling but bowling coach Morne Morkel assured that it was just a cramp and the pacer is "fine."
Bumrah, who claimed an eight-wicket match haul in India's 295-run win in the series opener, showed signs of discomfort while bowling the 81st over of Australia's innings.
He was attended to by the team's physio but resumed bowling immediately, completing his over and delivering three more overs later in the session.
"Firstly, with Bumrah, he's fine; it was just this cramp. Yeah, even because after that, you know, he bowled and you got the wickets twice," Morkel said at the post-match press conference.
The star pacer returned with figures of 4 for 61, helping India bowl out Australia for 337.
His wickets included opener Nathan McSweeney (39), Steve Smith (2), Pat Cummins (12), and Usman Khawaja (13), the last of whom he had dismissed on Friday.

Jasprit Bumrah, Jasprit, Bumrah

Australia batter Travis Head on Saturday said he was disappointed with his reaction for the on-field confrontation with India pacer Mohammed Siraj but added that he would always stand up for himself, as day two of the pink ball Test saw the hosts tighten their grip on the game.
Siraj gave a fiery send-off to Head, who struck his second Test century against India and eighth overall. Head made a brisk 140 off 141 balls, which put Australia in the driver's seat to level the Border-Gavaskar series.
"I actually jokingly said 'well bowled' and then he pointed me in (to go to) the shades. I had my reaction as well but I would not like to give (it) too much airtime," Head told the media after the end of play on day two.
The incident unfolded after Siraj, having dropped the local hero on 76 earlier in the day, conceded a six to him. The Hyderabadi responded immediately, castling Head with a low full toss and celebrating animatedly, while instructing him to walk back.
"I was surprised at the

Travis Head

Veteran India batter Cheteshwar Pujara on Saturday slammed the Indian bowling attack for failing to bowl short-pitched deliveries to Travis Head and giving him too much room on his favourite offside, as the left-hander hit a blistering 140 off 141 balls to put Australia firmly in the driver's seat in the pink ball Test of the Border-Gavaskar Trophy.
After taking a commanding 157-run first-innings lead, Australia reduced India to 128/5 in their second essay on day two, with Rishabh Pant and rookie all-rounder Nitish Reddy at the crease as India trailed by 29 runs.
"Head's weakness is short-pitched deliveries, which is well known to the opposition," Pujara said on Star Sports in his second day's analysis.
"But we only saw two-three short-pitched deliveries to him... They could have been used more effectively.
"He dominates the offside, so we could have curbed his offside stroke-making and instead of a 6-3 (offside-onside) a 5-4 field placement would have been a good ploy against ...

Cheteshwar Pujara

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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IND vs AUS: Morkel clears Bumrah's health, says it was just a cramp

IND vs AUS: Head vows to stand up for himself after Siraj clash in Adelaide

IND vs AUS: Pujara criticises Indian bowlers for not targeting Travis Head

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RBI Guv Das meets FM Sitharaman two days before end of his extended term

US State Dept denies BJP's allegations of backing anti-India agenda

UltraTech receives CCI notice over proposed acquisition of India Cements

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