Major News and Events of 18 January 2017

Salman Khan has been acquitted by a court in Jodhpur in the 18-year-old Arms Act case, and gave him benefit of doubt. As per reports, CJM Dalpat Singh Rajpurohit in the 102-page judgment said that the prosecution could not prove charges framed against Salman under sections 3/25 and 3/27 of the Indian Arms Act.

The prosecution lawyer said that the order will be analysed and a call on the appeal will be taken by the government.

As per reports, Reserve Bank of India Governor Urjit Patel spoke to the Standing Committee on Finance panel members in New Delhi about new currency that have been introduced. He said that around 9.2 lakh crore in new currency have been released. He also spoke about the demonetisation issue and the impact it left on the economy, and even the steps that have been taken by the central bank in regard to deal with the cash crunch.

Reports say that he mentioned to the panel that discussion about demonetisation started between the banks and the government last year.

The RBI Governor will be appearing before the Public Accounts Committee of Parliament on 20 January.