PATNA HIGH COURT ISSUES JUDGMENT ON BIRJU V/S THE STATE OF BIHAR BIHAR

PATNA, India, May 15 -- Patna High Court issued the following judgment on April 10: 1. The instant Criminal Appeal challenges a judgement, dated 26th of September, 2018, whereby and whereunder, the appellant was convicted under Section 235(1) of the Cr.P.C. for committing an offence punishable under Sections 363/376(2)(i) of the Indian Penal Code and Section 4/6/10 of the POCSO Act, 2012. 2. By an order dated 5th of October, 2018, the learned Additional Sessions Judge-cum-Special Judge, Vaish...


PATNA HIGH COURT ISSUES JUDGMENT ON RAJ KUMAR JHA V/S THE STATE OF BIHAR AND ORS

PATNA, India, May 15 -- Patna High Court issued the following judgment on April 10: 1. This L.P.A has been filed challenging the order dated 24.06.2025 passed by the learned Single Judge in C.W.J.C No. 9626 of 2025 disposing of the writ petition and giving liberty to the petitioner to file fresh representation before the respondent no. 3 Chief Engineer, Water Resource Department, Government of Bihar, within a period of 30 days raising all the grievances which would be considered and disposed of...


PATNA HIGH COURT ISSUES JUDGMENT ON THE NALANDA UNIVERSITY AND ORS. V/S DR. MURARI KUMAR JHA AND ORS.

PATNA, India, May 15 -- Patna High Court issued the following judgment on April 10: 1. This Court has extensively heard Mr. Anjani Kumar, learned Senior Advocate with Mr. Amit Kumar Jha, learned Advocate for the appellants-Nalanda University and Ms. Sharukh Alam, learned Advocate with Mr. Shantanu Singh, learned Advocate for the petitioner-respondent no. 1 herein. 2. The present intra-court appeal has been preferred by the appellants against the judgment and order dated 10.12.2024 passed by t...


PATNA HIGH COURT ISSUES JUDGMENT ON ANIL KUMAR AND ANR. V/S STATE OF BIHA AND ORS.

PATNA, India, May 15 -- Patna High Court issued the following judgment on April 10: 1. Heard learned counsel for the appellants as well as learned counsel for the respondents. 2. The present First Appeal has been preferred by the appellants under Section 96 of the Code of Civil Procedure, 1908 (hereinafter referred to as 'CPC') assailing the judgment and decree dated 19.11.2003 passed by the learned Sub JudgeVI, Patna (hereinafter referred to as 'Trial Court') in Money Suit No. 134 of 1999, w...


AUCTION OF STATE GOVERNMENT SECURITIES

MUMBAI, India, May 15 -- Reserve Bank of India issued the following press release: The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹20,100 Crore (Face Value). Sr. No. State Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1 Andhra Pradesh 1000 Re-issue of 7.63% Andhra Pradesh SGS 2034, issued on April 22, 2026 Price 1800 Re-issue of 7.79% Andhra Pradesh SGS 2042, issued on April 22, 2026 Price 1800 Re-issue of 7...


RBI TO CONDUCT 7-DAY VARIABLE RATE REPO (VRR) AUCTION UNDER LAF ON MAY 18, 2026

MUMBAI, India, May 15 -- Reserve Bank of India issued the following press release: On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Monday, May 18, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 7 09:30 AM to 10:00 AM May 25, 2026 (Monday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-2022...


PREMATURE REDEMPTION UNDER SOVEREIGN GOLD BOND (SGB) SCHEME - REDEMPTION PRICE FOR PREMATURE REDEMPTION OF SGB 2020-21 SERIES-VIII DUE ON MAY 18, 2026

MUMBAI, India, May 15 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020 (SGB 2020-21 Series-VIII-Issue date November 18, 2020) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the next due date of premature redemption of the above tranche shall be on May 18, 2026. 2....


RESERVE BANK OF INDIA IMPOSES MONETARY PENALTY ON APPNIT TECHNOLOGIES PRIVATE LIMITED

MUMBAI, India, May 15 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated May 11, 2026, imposed a monetary penalty of ₹5.80 lakh (Rupees Five Lakh Eighty Thousand only) on Appnit Technologies Private Limited (the company) for non-compliance with certain directions issued by RBI on 'Know Your Customer (KYC)' and 'Prepaid Payment Instruments (PPI)'. This penalty has been imposed in exercise of powers conferred on RBI under the ...


RBI IMPOSES MONETARY PENALTY ON IIFL FINANCE LIMITED

MUMBAI, India, May 15 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated May 11, 2026, imposed a monetary penalty of ₹3.10 lakh (Rupees Three Lakh Ten Thousand only) on IIFL Finance Limited (the company) for non-compliance with certain provisions of the 'Master Direction- Reserve Bank of India (Non-Banking Financial Company - Scale Based Regulation) Directions, 2023' issued by RBI. This penalty has been imposed in exercise o...


RESERVE BANK OF INDIA - BULLETIN WEEKLY STATISTICAL SUPPLEMENT - EXTRACT (REVISED)

MUMBAI, India, May 15 -- Reserve Bank of India issued the following press release: 1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2025 2026 Variation May 09 May 01 May 08 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 51342 28059 23957 -4102 -27386 * Data are provisional; difference, if any, is due to rounding off. 2. Foreign Exchange Reserves* Item As on May 08, 2026 Variation over Week End-March 2026 Year ₹...