GUWAHATI, India, Jan. 12 -- Gauhati High Court issued the following order on Dec. 11: 1. In these set of writ appeals, the State has challenged the judgment of the learned Single Judge dated 30.01.2023 passed in analogous writ petitions, the lead case being WP(C) No.1646/2021, striking down Clause 1 of the Office Memorandum dated 01.06.2015, which imposed an eligibility cut-off for compassionate appointment, namely, that the dependants of a deceased Government employee who died in harness, woul...
GUWAHATI, India, Jan. 12 -- Gauhati High Court issued the following order on Dec. 11: 1. In these set of writ appeals, the State has challenged the judgment of the learned Single Judge dated 30.01.2023 passed in analogous writ petitions, the lead case being WP(C) No.1646/2021, striking down Clause 1 of the Office Memorandum dated 01.06.2015, which imposed an eligibility cut-off for compassionate appointment, namely, that the dependants of a deceased Government employee who died in harness, woul...
GUWAHATI, India, Jan. 12 -- Gauhati High Court issued the following order on Dec. 11: 1. In these set of writ appeals, the State has challenged the judgment of the learned Single Judge dated 30.01.2023 passed in analogous writ petitions, the lead case being WP(C) No.1646/2021, striking down Clause 1 of the Office Memorandum dated 01.06.2015, which imposed an eligibility cut-off for compassionate appointment, namely, that the dependants of a deceased Government employee who died in harness, woul...
GUWAHATI, India, Jan. 12 -- Gauhati High Court issued the following order on Dec. 11: 1. In these set of writ appeals, the State has challenged the judgment of the learned Single Judge dated 30.01.2023 passed in analogous writ petitions, the lead case being WP(C) No.1646/2021, striking down Clause 1 of the Office Memorandum dated 01.06.2015, which imposed an eligibility cut-off for compassionate appointment, namely, that the dependants of a deceased Government employee who died in harness, woul...
GUWAHATI, India, Jan. 12 -- Gauhati High Court issued the following order on Dec. 11: 1. In these set of writ appeals, the State has challenged the judgment of the learned Single Judge dated 30.01.2023 passed in analogous writ petitions, the lead case being WP(C) No.1646/2021, striking down Clause 1 of the Office Memorandum dated 01.06.2015, which imposed an eligibility cut-off for compassionate appointment, namely, that the dependants of a deceased Government employee who died in harness, woul...
MUMBAI, India, Jan. 12 -- Reserve Bank of India issued the following press release: I. SUMMARY OMO PURCHASE RESULTS Aggregate Amount (Face value) notified by RBI : ₹50,000 crore Total amount offered (Face value) by participants : ₹1,22,525 crore Total amount accepted (Face value) by RBI : ₹50,000 crore II. DETAILS OF OMO PURCHASE ISSUE Security 7.04% GS 2029 6.79% GS 2031 8.32% GS 2032 7.10% GS 2034 6.64% GS 2035 7.18% GS 2037 7.30% GS 2053 No. of offers received 75 31 25 85...
MUMBAI, India, Jan. 12 -- Reserve Bank of India issued the following press release: The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to National Urban Co-operative Bank Ltd., Pratapgarh, vide Directive CO.DOS.SED.No.S369/45-11-001/2024-25 dated April 15, 2024, for a period of six months up to close of business on October 15, 2024, which was last extended up to close of business on January 15, 2026, vide Directive DOR.MON/D-30...
MUMBAI, India, Jan. 12 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has issued the Foreign Exchange Management (Guarantees) Regulations, 2026. The regulations are principle based and the guarantees fulfilling the principles laid down in the regulation are being permitted. Since, the universe of guarantees enabled under automatic route is being expanded, a comprehensive reporting of all guarantees - issued, modified or invoked - is being introduced. 2. ...
MUMBAI, India, Jan. 12 -- Reserve Bank of India issued the following notification: RBI/2025-26/192 A.P. (DIR Series) Circular No. 19 January 12, 2026 All Authorised Dealer Category I Banks, Madam / Sir, Foreign Exchange Management (Guarantees) Regulations, 2026 The Reserve Bank of India has issued Foreign Exchange Management (Guarantees) Regulations, 2026. Authorised dealer banks are directed to be guided by the regulations ibid, while facilitating a guarantee wherein any of the parties i...
MUMBAI, India, Jan. 12 -- Reserve Bank of India issued the following speech: Respected Governor; Deputy Governor, Shri S C Murmu; Chairman, Academic Council, College of Supervisors, Shri Arijit Basu; and members of the Academic Council of CoS Director, CoS, Shri R. Subramanian; Distinguished speakers, panellists and Managing Directors & CEOs of Regulated Entities; My fellow colleagues from RBI, Ladies and Gentlemen. A very good morning to all of you. It is a pleasure to be with you today ...