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Shaktikanta Das becomes new RBI governor

Former Economic Affairs Secretary Shaktikanta Das has been appointed as new Governor of Reserve Bank of India (RBI). Das took up the position after Urjit Patel quit the position abruptly a day before. Das, a member of 15th Finance Commission, will have tenure of three years. The decision has been taken by the Appointments Committee of the Cabinet (ACC). Urjit Patel quit the post nine months before his three year term was to come to an end in September 2019. Patel cited "personal reasons' for quitting the post.

Modi ji's graph is constantly going down: Ashok Gehlot

All India Congress Committee General Secretary Ashok Gehlot said that the results showed the defeat of Bharatiya Janata Pary (BJP) in all the three states, Madhya Pradesh, Chhattisgarh and Rajasthan as a sign, indicating the 2019 Lok Sabha elections. He said, "We're forming government in three states, what can be better than that. The way Rahul Gandhi ji tackled Modi ji and Amit Shah ji in Gujarat, after that graph of Congress is going up and the graph of Modi ji is constantly going down. It's a sign." Congress is leading in all these states while BJP is facing a heavy defeat. In Rajasthan, Congress party has won 46 seats in the state and is leading on 51 seats so far.

Country needs a non-Congress and non-BJP govt: Asaduddin Owaisi

After Telangana Rashtra Samithi (TRS) president and Chief Minister K Chandrasekhar Rao maintained a strong lead in his home constituency. He is all set to take power for the second time as TRS has put up a strong performance once again. All India Majlis-e-Ittehad-ul Muslimeen (AIMIM) chief Asaduddin Owaisi said, "I say this with all responsibility that K Chandrasekhar Rao has all capabilities and capacities to ensure that a non-Congress government comes into existence when the next Parliament election takes place and this country requires a non-Congress and a non-Bharatiya Janata Party (BJP) government."

We humbly accept people's mandate: PL Punia

All India Congress Committee (AICC) General Secretary In-charge of Chhattisgarh, PL Punia on Tuesday reacted on the mandate given to the party by people in the assembly elections. He said that the Congress party humbly accepts the mandate of the people. Punia further asserted that people trusted the words of Congress president Rahul Gandhi and they believed in the promises that the party had made in the manifesto.

Shaktikanta Das, who was Economic Affair Secy during Demonetisation appointed as RBI Governor

A day after former Governor Urijit Patel's resignation, former finance secretary Shaktikanta Das has been appointed the new governor of Reserve Bank of India. Das, was the economic affairs secretary when the Modi government implemented demonetisation in November 2016.

Assembly polls and Lok Sabha polls are different: Keshav Prasad Maurya

After a hard-fought election campaign, counting of votes for assembly seats in Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram started on Tuesday morning. Initial trends show Congress is already ahead in Chhattisgarh, Rajasthan and MP. It shows a close fight between Congress and BJP. Uttar Pradesh Deputy Chief Minister Keshav Prasad Maurya said, "If Congress party president Rahul Gandhi will emerge as a groom (main leader) from the side of Opposition parties, then there is no issue in the same. People of India have made-up their minds quite well so their decision must be apt as they are sure about what kind of Prime Minister (PM) they want in the nation". "There is no doubt that as compared to the year 2013, people have given majority to Congress party in the recent trends. But, assembly polls and Lok Sabha polls are different so we are waiting for the final results to come as it is quite early to come to the final conclusion", he added.

Opposition parties will form alliance and beat BJP in 2019 Lok Sabha polls: Sharad Yadav

The stage is all set for the biggest showdown before the 2019 Lok Sabha elections. Counting of votes for Rajasthan, Madhya Pradesh, Chhattisgarh, Mizoram and Telangana assembly elections are taking place today. Loktantrik Janata Dal (LJD) leader and senior politician Sharad Yadav said, "All kind of misdeed took place under the rule of Bharatiya Janata Party (BJP) in India. National Democratic Alliance (NDA) and BJP have put in a lot of efforts for winning this election as they have published lot of advertisements and spent money at massive level. They tried their best but failed at the end". "In all three states including Rajasthan, Chhattisgarh and Madhya Pradesh people were ready to vote against them. The entire nation waited for almost four years but they haven't fulfilled a single promise which they made, be it the matter of farmers, unemployment for youth or Ganga cleaning project etc.", he added. "They should better wait for 2019 Lok Sabha polls. I consider that BJP will keep on waiting for long and long and at a massive level all opposition parties will together beat them in the coming elections", he further stated.

BJP is like drowning ship which people are finally leaving: Sharad Yadav

After the resignation of Reserve Bank of India (RBI) Governor Urjit Patel and Rashtriya Lok Samata Party (RLSP) chief Upendra Kushwaha's resignation from the ruling National Democratic Alliance (NDA), the Narendra Modi government suffered a massive unsuspecting blow. The Opposition took no time in using it to strengthen its ammunition against Prime Minister Modi. Comments, reactions and criticism flew thick and fast from different sides. Loktantrik Janata Dal (LJD) leader and Senior politician Sharad Yadav said, "Now, current situation of Bharatiya Janata Party (BJP) is like a drowning ship so people are leaving and finally running away from them". "Upendra Kushwaha ji has already left their alliance and let's see what all will happen in the near future. At present the nation is facing several issues because of the current rule of the BJP", he added. "Resignation of RBI Governor Urjit Patel will give a wrong message in the entire world about India's economy and overall progressive development. The kind of efforts Rahul Gandhi has put in during election campaigning shows that he's the future of India", he further stated.

RBI is such a professional institution that business will continue: NITI Aayog VC

NITI Aayog Vice Chairman Rajiv Kumar clarified the air surrounding the resignation of Reserve Bank of India (RBI) Governor Urjit Patel. Speaking on the same, Kumar said, "RBI is such a professional institution that business will continue. It's not dependent on any individual be it governor, who by the way has done an amazing work in last 2 years. Now that this has happened RBI will do whatever required."

Markets react volatile amid election trends, Urjit Patel's resignation

The markets on Tuesday witnessed a gap-down start ahead of the results of the state elections, and investors turning wary over the shocking resignation by the Reserve Bank of India (RBI) Governor Urjit Patel. The Sensex witnessed a sharp fall of 482.68 points at 34477.04, while the Nifty traded lower 116.70 points at 10371.80. With a negative breadth, sectors such as banks, automobiles, energy, consumption, and metals were amongst the top losers.