The government reappointed RBI Governor Shaktikanta Das for another three-year term, keeping the former civil servant at the helm to help guide the economy’s recovery from the ravages of Covid-19. More on that headline and other stories in our evening wrap.

       Shaktikanta Das gets second term at RBI

       The government re-appointed central bank governor Shaktikanta Das for three more years or until further orders, in a move welcomed on Friday by markets and economists. Under Das, the Reserve Bank of India (RBI) has cut key interest rates to record lows and infused massive rupee liquidity into the banking system to shore up an economy hit by the coronavirus pandemic. Read more