GUWAHATI, India, May 25 -- Gauhati High Court issued the following order on April 23: 1. The extraordinary jurisdiction of this Court has been invoked by filing this application under Article 226 of the Constitution of India by which the petitioner has challenged the opinion dated 14.02.2019, passed by the learned Member, Foreigners' Tribunal-III, Barpeta, in FT Case No. 827(III) of 2013, corresponding to Reference IMDT Case No. 5711 of 1998. By the said impugned opinion, the petitioner, who wa...
India, May 23 -- The Government of India has issued a release: Union Minister of Commerce and Industry, Shri Piyush Goyal, will lead a delegation of Indian business leaders to Canada. The delegation will participate in a two-day engagement in Ottawa on May 25th and in Toronto from May 26th to 27th. This visit builds on the mandate given by the Prime Ministers of India and Canada during Prime Minister Mark Carney's visit to India in March 2026 and seeks to impart new momentum to bilateral cooper...
MUMBAI, India, May 25 -- Reserve Bank of India issued the following notification: RBI/DOR/2026-27/95 DOR.GOV.REC.No.83/18.10.015/2026-27 May 25, 2026 Reserve Bank of India (Rural Co-operative Banks - Governance) Amendment Directions, 2026 The Reserve Bank had issued Reserve Bank of India (Rural Co-operative Banks - Governance) Directions, 2025 on November 28, 2025. Chapter-II of these directions contain provisions regarding the Constitution of Board. 2. The Banking Regulation (Amendment) A...
MUMBAI, India, May 25 -- Reserve Bank of India issued the following notification: RBI/DOR/2026-27/94 DOR.GOV.REC.No.82/18.10.014/2026-27 May 25, 2026 Reserve Bank of India (Urban Co-operative Banks - Governance) Amendment Directions, 2026 The Reserve Bank had issued Reserve Bank of India (Urban Co-operative Banks - Governance) Directions, 2025 on November 28, 2025. Chapter-II of these directions have provisions regarding the Constitution of Board and Appointment of Directors. 2. The Banki...
MUMBAI, India, May 25 -- Reserve Bank of India issued the following press release: Government of India (GoI) has announced the sale (re-issue) of two dated securities for a notified amount of ₹28,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 6.68% GS 2040 Jul 07, 2040 17,000 F.No.4(1)-B(W&M)/2026 dated May 25, 2026 May 29, 2026 (Friday) June 01, 2026 (Monday) 2 7.43% ...
MUMBAI, India, May 25 -- Reserve Bank of India issued the following press release: The Reserve Bank had, on January 8, 2026, issued Draft Reserve Bank of India (Urban Co-operative Banks - Governance) Amendment Directions, 2026 and Draft Reserve Bank of India (Rural Co-operative Banks - Governance) Amendment Directions, 2026, seeking feedback from stakeholders. The draft Amendment Directions proposed to introduce a cooling-off period for directors of UCBs and RCBs after they complete a continuou...
MUMBAI, India, May 25 -- Reserve Bank of India issued the following press release: Quantum Technology represents a paradigm shift compared with traditional systems as it leverages the principles of quantum mechanics, such as superposition and entanglement. This enables quantum systems to address complex financial problems such as portfolio optimisation, risk assessment, macroeconomic modelling, etc. However, quantum technologies can also introduce significant risks, particularly the potential t...
MUMBAI, India, May 25 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ -- > Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo i...
MUMBAI, India, May 25 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ -- > Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo i...
MUMBAI, India, May 25 -- Reserve Bank of India issued the following press release: Tenor 4-day Notified Amount (in ₹ crore) 1,50,000 Total amount of bids received (in ₹ crore) 88,745 Amount allotted (in ₹ crore) 88,745 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/322 Disclaimer: Curated by HT Syndication....