New Delhi: Reserve Bank Governor Shaktikanta Das’ term extended. The term has been extended to three years. The decision was taken by the Central Appointments Committee. Shaktikant Das took over on December 12, 2018.

This is the first extension of the term of the Reserve Bank Governor during the Modi government. Shaktikanta Das was the Union Finance Secretary before taking over as the Reserve Bank Governor. Following the resignation of Urjit Patel, Shaktikanta Das has been appointed as the new head of the Reserve Bank.

Mumbai: Mumbai High Court has granted bail to Aryan Khan, who was arrested by the NCB during a drunken party on a luxury ship.  Arbas Merchant and former Dhameche, who were arrested along with Aryan Khan, have been granted bail by a court.  Aryan Khan will be released from jail after 21 days in jail.

 Mukul Rohtagi, a senior advocate for Aryan Khan, appeared in the Mumbai High Court.  Rohtagi had pointed out during the argument that he had not taken drugs from Aryan and that there was not even a medical test result for drug use.  Rohtagi had pointed out in court that even the amount of charas seized from Aryan’s friend Arbas was not enough for imprisonment and that the main evidence in the case was WhatsApp Chat 2018.  It was also raised in the High Court that Aryankhan had no history of past crimes.

 However, the NCB alleged that Shah Rukh Khan was trying to sabotage the case, citing the controversial revelations of a witness in the case.  The NCB argued against the bail plea that such evidence would be destroyed if Aryan Khan was released.  But the court rejected this argument and granted bail to Aryan and his friends.

Aryan Khan, 23, was taken into custody on October 3 during a NCB raid on a luxury ship.  Aryan, who was remanded in custody at the Arthur Road jail in Mumbai, was twice denied bail by a court.

Mumbai: KP Gosavi, an absconding witness in the luxury ship drug case against Aryan Khan, has been arrested by the police. He was arrested in Pune. Gosavi had announced three days ago that he would surrender in Lucknow, Uttar Pradesh.

Gosavi was one of the eyewitnesses to the NCB’s raid on the Luxury Cup in Mumbai. Gosavi was present at the NCB office with Aryan during a search during a drunken party on the luxury ship. The controversy was sparked by the selfies he took with Aryan in both places. The selfie, which included Gosavi and Aryan, went viral on social media.

There was a fraud case against Gosavi in Pune years ago. He went into hiding after a lookout notice was issued in the case. Meanwhile, Prabhakar Sail, another witness in the case and Gosavi ‘s bodyguard, came to the scene alleging that Gosavi and NCB zonal director Sameer Wankhede were trying to extort money from Aryan’s father Shah Rukh Khan. Gosavi, however, denies the allegations.