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SP And BSP Lawmakers Throw Paper Balls, Climb On Tables In UP Assembly

Tuesday, February 5, 2019, 7:39 PM

The budget session of the Uttar Pradesh Assembly was off to a stormy start today, as legislators of the Bahujan Samaj Party (BSP) and Samajwadi Party (SP) hurled paper balls, raised slogans and climbed on chairs, while Governor Ram Naik addressed the joint session. SP and BSP legislators protested against a wide ranging issues like law and order situation, women's security and farm crisis.
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Shaktikanta Das appointed new RBI governor

Tuesday, December 11, 2018, 6:50 PM

Former finance secretary Shaktikanta Das has been appointed the new governor of Reserve Bank of India. The RBI had been rendered headless after Urjit Patel resigned on Monday, with immediate effect. Patel, who is the first governor since 1990 to step down before his term ended, in a brief statement, cited "personal reasons" for the decision. Patel's three-year term was to end in September-2019.
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Government stresses RBI has autonomy as markets tumble

Wednesday, October 31, 2018, 5:28 PM

The government stressed on Wednesday that the autonomy of the RBI is "essential" as it sought to calm investors worried about a growing public quarrel with the central bank. Indian stocks and bonds fell and the rupee weakened earlier in the day amid reports that RBI Governor Urjit Patel may consider resigning given the breakdown in relations.

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