RBI 

RBI releases Draft Reserve Bank of India (Government Securities Lending) Directions, 2023 (17 FEB 2023)

In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies issued as a part of the Bi-monthly Monetary Policy Statement for 2022-23 dated February 08, 2023, the Reserve Bank of India has today placed on its website Draft Reserve Bank of India (Government Securities Lending) Directions, 2023. 

Comments on the Draft Directions are invited from banks, market participants and other interested parties by March 17, 2023. 

PRESS RELEASE : Reserve Bank of India - Press Releases (rbi.org.in)

SUPREME COURT 

Adani-Hindenburg issue: SC reserves order on appointment of committee (17 FEB 2023)

The Supreme Court on Friday reserved its order on the appointment of a committee to probe the Adani-Hindenburg row.  

Adani group has been under pressure since the Hindenburg Research on January 24 accused it of accounting fraud and stock manipulation, allegations that the conglomerate has denied as "malicious", "baseless" and a "calculated attack on India".

NEWS REPORT : Adani issue: Adani-Hindenburg issue: SC reserves order on appointment of committee - The Economic Times (indiatimes.com)

DELHI HIGH COURT 

Delhi high court rejects WinZO plea against Google’s download warning (17 FEB 2023)

Citing the Information Technology Rules, 2021, the court said that the law mandates such warnings to guard the user against potential threats.  The judge said that Google LLC has also provided details that such warnings are not unique to the Google Chrome browser and several other browsers also display such warnings when viewers/potential users download third-party APK files/applications from their websites.

DETAILS : Delhi high court rejects WinZO plea against Google’s download warning (msn.com)

NEWS AT GLANCE 

  • Manipur to host G20 dialogue forum for the global business community from today.
  • Joint military exercise between India and Japan to begin at Camp Imazu today in Japan.  
  • India International Seafood Show, the biggest Seafood show in Asia to conclude today in Kolkata.

WORD OF THE DAY 

A justice of the peace (JP) is a judicial officer of a lower or puisne court, elected or appointed by means of a commission (letters patent) to keep the peace. Depending on the jurisdiction, such justices dispense summary justice or merely deal with local administrative applications in common law jurisdictions.

In India, justices of the peace exist, but no longer occupy a prominent post. One of the famous justices in India was Kavasji Jamshedji Petigara.

MARKET TODAY (as on 17.02.2023)

BSE SENSEX                     61,002.57 INR▼ -316.94 (-0.52%)        

NIFTY 50                           17,944.20 INR▼ -91.65 (-0.51%)

1 US Dollar = 82.78 Indian Rupee (Last updated · 17 February at 1:47pm UTC)

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