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Modi, Jaitley to take call on Rajan at appropriate time: Sinha

Rajkot: Seeking to clear the air on a second term for RBI Governor Raghuram Rajan, Union Minister of State for Finance Jayant Sinha on Wednesday said Prime Minister Narendra Modi and Finance Minister Arun Jaitley will take a call on this “at an appropriate time”.

Rajan's current term is set to end in September and there has been intense speculation about whether he would be given another term, especially when a section of the ruling party has been pitching for his ouster.

“The announcement will be made at an appropriate time.

Our Prime Minister and Finance Minister had said they would make the announcement as soon as they take the decision in this regard,” Sinha told reporters here.

Sinha was in Rajkot today as part of the second anniversary of the NDA government.

He termed the Prime Minister, who is currently visiting the US, as “a global statesman”.

“Modi has become a global statesman now. India's prestige and identity have touched new heights under him. Today, India is among the three or four most important countries in the world. It is a matter of pride for all of us that he will address the US Congress today,” said Sinha.

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India, Qatar join hands in oil exploration

The Goan Network
Published Jun 6, 2016, 12:00 AM IST
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Doha: India on Sunday evinced interest in joint exploration of new oil and gas fields as well development of discovered assets in resource-rich Qatar as the two countries decided to focus on enhancing cooperation in the energy sector. India also invited Qatar to invest in the country's exploration and production sector by bidding for the blocks under the new 'Hydrocarbon Exploration and Licensing' Policy and take part in disinvestment of Indian PSUs. An MoU was signed with…

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