MUMBAI, India, July 23 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) Auction Results 91-Day 182-Day 364-Day I. Notified Amount 9,000 6,000 5,000 II. Competitive Bids Received (i) Number 153 140 117 (ii) Amount 37,547.500 33,760.300 29,165.000 III. Cut-off price / Yield 98.6747 97.3170 94.7375 (YTM: 5.3872%) (YTM: 5.5291%) (YTM: 5.5701%) IV. Competitive Bids Accepted (i) Number 27 23 21 (ii) Amount 8,972.812 5,991.336 4,986.551 V. Partial Allotment ...
MUMBAI, India, July 23 -- 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 Wednesday, July 23, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 2 1:15 PM to 1:45 PM July 25, 2025 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-2022...
MUMBAI, India, July 23 -- Reserve Bank of India issued the following press release: The Reserve Bank of India, vide directive CO.DOS.SED.No.S592/45-11-001/2024-25 dated April 23, 2024, had placed the Konark Urban Co-operative Bank Ltd., Ulhasnagar, under Directions from the close of business on April 23, 2024, for a period of six months. The validity of the directions was extended from time-to-time, the last being up to July 23, 2025. 2. It is hereby notified for the information of the public ...
MUMBAI, India, July 23 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,13,605.52 5.69 4.75-6.60 I. Call Money 17,157.62 5.62 4.75-5.80 II. Triparty Repo 4,17,073.80 5.69 5.50-5.83 III. Market Repo 1,76,684.55 5.69 5.00-5.90 IV. Repo in Corporate Bond 2,689.55 5.90 5.84-6.60 B. Term Segment I. Notice Money** 140.50 5.48 4.95-5.70 II. T...
JABALPUR, India, July 22 -- Madhya Pradesh High Court issued the following judgment/order on June 23: In these three petitions, Petitioner impugns three different tenders on the ground that appropriate reservation was not granted to the MSMEs, as mandated by the Public Procurement Policy of the Central Government as also the Office Memorandum issued by the Central Government, pursuant to the Public Procurement Policy. We note that the challenge to the tenders was made after the petitioner had ...
India, July 22 -- The Government of India issued the following news release: The Electricity produced from Wind Turbines can be utilized to generate water from moisture in air through condensation process. However, this technology is still at a nascent R&D stage. Suitable proposals in this area are considered under the Renewable Energy Research and Technology Development (RE-RTD) Program of the Ministry of New and Renewable Energy. National Institute of Ocean Technology under Ministry of Earth ...
JABALPUR, India, July 22 -- Madhya Pradesh High Court issued the following judgment/order on June 23: Learned counsel for the petitioner seeks leave to withdraw this petition. Accordingly, the same is dismissed as withdrawn. Disclaimer: Curated by HT Syndication....
JABALPUR, India, July 22 -- Madhya Pradesh High Court issued the following judgment/order on June 23: Learned counsel for petitioner seeks leave to withdraw this petition. The petition is dismissed as withdrawn. Disclaimer: Curated by HT Syndication....
JABALPUR, India, July 22 -- Madhya Pradesh High Court issued the following judgment/order on June 23: Learned counsel for petitioners seeks leave to withdraw this petition reserving the right of the petitioners to take appropriate remedies in accordance with law. The petition is accordingly dismissed as withdrawn. All rights and contentions of the parties are reserved. Disclaimer: Curated by HT Syndication....
JABALPUR, India, July 22 -- Madhya Pradesh High Court issued the following judgment/order on June 23: In these three petitions, Petitioner impugns three different tenders on the ground that appropriate reservation was not granted to the MSMEs, as mandated by the Public Procurement Policy of the Central Government as also the Office Memorandum issued by the Central Government, pursuant to the Public Procurement Policy. We note that the challenge to the tenders was made after the petitioner had...