[New Delhi]Shaktikanta Das To Get Baton From Outgoing Urjit Patel
Das will be the 25th Governor of the RBI.
Former bureaucrat Shaktikanta Das, who spearheaded the post-demonetisation normalisation of the economy, was Tuesday named the new governor of the Reserve Bank of India.
Das, 61, replaces Urjit Patel, who shocked the establishment and markets by announcing his exit from the central bank Monday.
Das will have a three-year term, an official order said.
He will be the first bureaucrat to head the central bank in almost five years.
The last IAS officer to head the RBI was D Subbarao, who demitted office in September 2013.
Urjit Patel, who initially appeared to have toed the government line on issues like demonetisation, had in the recent weeks clashed with the Finance Ministry over issues of liquidity, reserves of the central bank and lending norms.
[New Delhi] Pink Treasure’s Owner,Tainted,Tandon Taken To Black Cell :Demonetisation
Demonetised Currency Devil Tandon has been Arrested ED has arrested Delhi lawyer Rohit Tandon
The ED has arrested controversial lawyer Rohit Tandon here in connection with a money laundering probe in a case of seizure of Rs 13.6 crore after police raided a law firm premises as part of an anti-black money operation post demonetisation.
He was placed under arrest late last night under the provisions of the Prevention of Money Laundering Act (PMLA) and will be produced in a court for further custody.
Tandon was allegedly instrumental in the illegal conversion of demonetised currency worth about Rs 60 crore in purported connivance with Kolkata-based businessman Paras Mal Lodha and arrested Kotak Bank manager in Delhi Ashish Kumar.
Tandon’s case pertains to an operation of Delhi Police’s Crime Branch and the Income Tax department earlier this month when the agencies had seized Rs 13.6 crore, of which Rs 2.6 crore was in new currency, allegedly from a law firm here that he is associated with.
The ED had booked a PMLA case against him based on the police FIR.
The lawyer was earlier separately searched by the tax department where it was said that he declared undisclosed income worth over Rs 125 crore to the taxman.
[Amritsar,Punjab]Cash Crunch Victims Stopped Amritsar-Lahore Bus
A group of people today blocked a road in Khassa village near the Indo-Pak border and briefly stopped the Amritsar-Lahore bus.
The bus, without any passenger on board, was going from Amritsar to Lahore.
Police rushed to the scene and persuaded the protesters to clear the road. The route remained blocked for 10 minutes.
As per Local Police,People were angry as the ATM in front of which they queued up had gone dry,
[लखनऊ,यूपी]नोटबंदी से अर्थव्यवस्था पडी मंद : अखिलेश
उत्तर प्रदेश के मुख्यमंत्री अखिलेश यादव ने आज कहा कि नोटबंदी के फैसले ने देश की अर्थव्यवस्था को मंदा किया है और हालात सामान्य होने में छह महीने से साल भर का समय लगेगा।
अखिलेश ने यहां लखनउ मेट्रो के ‘ट्रायल रन’ को हरी झंडी दिखाते हुए कहा, ‘‘एक दिसंबर आ गया है। अब बैंक खातों में वेतन आने वाला है लेकिन कौन कितना धन पाएगा [निकाल पाएगा]तय नहीं है। नोटबंदी के फैसले से देश की समूची अर्थव्यवस्था धीमी पड गयी है।’’ उन्होंने कहा कि जब कोई खर्च करता है, तभी अर्थव्यवस्था बढती है। खर्च करने से यदि रोक दिया जाए तो विकास पर असर पडता है। नोटबंदी का फैसला पेचीदगी पैदा करने के लिए किया गया है। हमने ब्यौरा मांगा है कि बैंकों को कितना धन मिल रहा है लेकिन सूचना अभी तक नहीं मिली
[Kolkata]LF-sponsored bandh begins in West Bengal
TMC Keeps On Right ordering all its employees to attend offices today and tomorrow.
Over 3,000 police personnel have been deployed in the metropolis to tackle any untoward incident,
The state-wide 12-hour strike called by the Left Parties to protest the demonetisation of Rs 1000 and Rs 500 notes began in West Bengal today, with normal life visibly unaffected in the first few hours.
Government buses and other private vehicles were seen plying on the road.
State Chief Minister Mamata Banerjee had said.”We oppose bandhs. We will take out a protest march (against demonetisation) on Monday,”
The TMC said it was against putting people to more hardship when they are “already facing a lot of problems owing to the scarcity of cash”.
The state government has ordered all its employees to attend offices today and tomorrow.
Exceptions would be made only in case of bereavement, maternity leave, hospitalisation and other ‘genuine reasons’, a circular issued by the state finance department said.
[New Delhi] Accusers Were not Prepared for Demonetisation,So Crying :PM Modi
@narendramodi Attacking ,Shouting ,Opposition Said
If He Would Have Given 78 Hrs 2 Opposition Then Everyone Would Have Been Appreciating Him[Modi] And Demonetisation Drive
He Assured Nation That Every person has a right to spend his or her money. No one can take anyone’s money. Now people can spend through mobile technology also
PM Narendra Modi said those accusing govt of not being prepared for demonetisation were themselves not ready for the move.
The common man has become a soldier against corruption and black money
[New Delhi]Dharna Expert Kejriwal to Hold 6 Rallies In BJP Ruled 3 States
Kejriwal to Hold Six Rallies against Demonetisation
The AAP today announced that it will organise six rallies across the nation, including one in Prime Minister Narendra Modi’s constituency Varanasi, and raise questions on the alleged “Rs 8 lakh crore scam” related to it.
Delhi chief minister Arvind Kejriwal will hold three rallies in poll-bound Uttar Pradesh starting from December 1 in Meerut, followed by a rally in Varanasi and Lucknow on December 8 and 18 respectively,
Modi has defeated Kejriwal from the Varanasi Lok Sabha seat in May 2014 by a massive margin of 3.37 lakh votes.
The rallies assume significance as UP goes to polls early next year.
AAP leader Ashish Khetan said.
On December 20, Kejriwal will hold a rally in Bhopal, followed by two more in Ranchi and Jaipur on December 22 and 23 respectively.
Notably, all three are BJP-ruled states.