UNDERWRITING AUCTION FOR SALE OF GOVERNMENT SECURITIES FOR ₹32,000 CRORE ON JUNE 06, 2025

MUMBAI, India, June 5 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on June 06, 2025 (Friday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer...


RESULT OF THE DAILY VARIABLE RATE REPO (VRR) AUCTION HELD ON JUNE 05, 2025

MUMBAI, India, June 5 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 4,138 Amount allotted (in ₹ crore) 4,138 Cut off Rate (%) 6.01 Weighted Average Rate (%) 6.01 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/480 Disclaimer: Curated by HT Syndication....


SCHEME FOR WRITING BOOKS ORIGINALLY IN HINDI ON ECONOMICS/BANKING/FINANCIAL SUBJECTS - YEAR 2024-25

MUMBAI, India, June 5 -- Reserve Bank of India issued the following press release: With a view to encourage original writings and research in Banking Hindi, Reserve Bank of India has launched a 'Scheme for writing books originally in Hindi on Economics/Banking/Financial subjects. Under this scheme, working/retired Professors (Including Assistant and Associate Professor etc.) of Indian Universities (UGC recognized) are awarded three prizes of ₹1,25,000.00 (One lakh twenty-five thousand) ea...


MONEY MARKET OPERATIONS AS ON JUNE 04, 2025

MUMBAI, India, June 5 -- 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) 5,55,169.12 5.64 3.00-6.90 I. Call Money 13,718.05 5.75 4.85-5.85 II. Triparty Repo 3,69,233.55 5.62 5.50-5.75 III. Market Repo 1,70,770.32 5.68 3.00-6.00 IV. Repo in Corporate Bond 1,447.20 5.89 5.80-6.90 B. Term Segment I. Notice Money** 28.00 5.64 5.60-5.70 II. Ter...


JHARKHAND HIGH COURT ISSUES ORDER ON SUSHMA DEVI AND ANOTHER V/S THE STATE OF JHARKHAND AND ANOTHER

RANCHI, India, June 4 -- Jharkhand High Court issued the following order on May 5: Heard the parties. The learned counsel for the petitioners seeks permission of this Court to withdraw this criminal miscellaneous petition. Accordingly, this criminal miscellaneous petition is dismissed as withdrawn. The certified copy of the documents filed in this criminal miscellaneous petition may be substituted with their photocopies. Disclaimer: Curated by HT Syndication....


JHARKHAND HIGH COURT ISSUES ORDER ON VIKASH KUMAR V/S THE UNION OF INDIA AND OTHERS

RANCHI, India, June 4 -- Jharkhand High Court issued the following order on May 5: 1) This Public Interest Litigation has been filed for the following reliefs:- a. To mandate a spiritual or religious education in all schools, both public and private; and b. To encourage and provide facilities for spiritual or religious education and research in higher education institutions. 2) The aspects on which the petitioner has sought directions are matters of policy for the State and Central Govern...


JHARKHAND HIGH COURT ISSUES ORDER ON DIPENDRA DANGI V/S THE STATE OF JHARKHAND

RANCHI, India, June 4 -- Jharkhand High Court issued the following order on May 5: Heard the parties. The learned counsel for the petitioner seeks permission of this Court to withdraw this bail application. Accordingly, this bail application is dismissed as withdrawn. Disclaimer: Curated by HT Syndication....


JHARKHAND HIGH COURT ISSUES ORDER ON RENUKA KHALKHO V/S MAHENDRA KUMAR TOPPO

RANCHI, India, June 4 -- Jharkhand High Court issued the following order on May 5: 1. Heard learned counsel appearing for the petitioner and learned counsel appearing for the opposite party No.1. 2. Notice upon the opposite party Nos.2 to 5 has been effected, however, they have chosen not to appear before the Court and on 24.03.2025 with a view to provide one more opportunity to them the matter was adjourned and in spite of that they have not appeared, as such this petition is being heard in ...


JHARKHAND HIGH COURT ISSUES ORDER ON RAMDHYAN YADAV V/S BABULAL YADAV

RANCHI, India, June 4 -- Jharkhand High Court issued the following order on May 5: 1. Heard the learned counsel for the petitioner as well as the learned counsel appearing on behalf of the sole Opposite party. 2. This petition has been filed under Article 227 of the Constitution of India for setting aside the order dated 04.08.2023 passed by learned District Judge-I, Palamau in Civil Misc. Appeal No.16 of 2022 arising out of Original Suit No.444 of 2021 whereby the learned court has been plea...


JHARKHAND HIGH COURT ISSUES ORDER ON LADDU RABIDAS V/S BISHWANATH YADAV AND OTHERS

RANCHI, India, June 4 -- Jharkhand High Court issued the following order on May 5: 1. Heard the learned counsel appearing on behalf of the petitioner as well as the learned counsels appearing on behalf of the Opposite party nos.1 to 10 and 11 to 17 respectively. 2. This petition has been filed under Article 227 of the Constitution of India for setting aside the order dated 22.05.2023 passed by learned Civil Judge, Junior Division-XVIII, Giridih, in Original Title Suit No.122 of 2017/ Original...