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No-confidence motion against Jagdeep Dhankar, Reliance Industries & more

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Business Standard

The opposition, led by the INDIA bloc, filed a no-confidence motion against Rajya Sabha Chairperson and Vice President Jagdeep Dhankhar. They accused him of acting in a "partisan manner," marking the first such action in India’s parliamentary history. Today, Shaktikanta Das bid farewell as RBI Governor, following the announcement of Sanjay Malhotra as the 26th chief of the central bank. The Karnataka Government has announced a three-day mourning period, from December 10 to 12, to honor the late former Chief Minister S.M. Krishna. Mukesh Ambani-led Reliance Industries is reportedly seeking a $3 billion loan to refinance a $2.9 billion debt due in 2025. If finalized, this could be the largest offshore loan from India in over a year. Israel’s Prime Minister Benjamin Netanyahu testified today for the first time in his long-running corruption trial linked to charges of bribery, fraud, and breach of trust.

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