No jurisdiction to hear Sameer Wankhede's plea against The Ba***ds of Bollywood: Delhi HC
New Delhi (PTI): The Delhi High Court on Thursday ruled that it has no territorial jurisdiction to hear IRS officer Sameer Wankhede's defamation lawsuit against "The Ba***ds of Bollywood" series produced by Shah Rukh Khan-owned Red Chillies Entertainment Pvt Ltd.
Refusing to entertain the lawsuit, Justice Purushaindra Kumar Kaurav said Wankhede could file his plea before a court having jurisdiction over the issue.
"This court lacks the jurisdiction to entertain the plaint. The same is, therefore, returned to the plaintiff to be presented, if so advised, before a court of competent jurisdiction," the court said.
According to Wankehde, "defamatory content" was created in the web series to settle personal scores with him and avenge the arrest of Shah Rukh Khan's son Aryan Khan in a 2021 drugs case.
He said the series, written and directed by Aryan Khan, was orchestrated to target and malign him.
Wankhede sued Red Chillies and Netflix for defamation and sought Rs 2 crore in damages, which he wants donated to the Tata Memorial Cancer Hospital for cancer patients.
Wankhede, in his lawsuit, claimed that the series depicts a character making an obscene gesture -- specifically, showing a middle finger -- after the character recites the slogan "Satyamev Jayate", which is part of the National Emblem.
This act constitutes a grave and sensitive violation of the provisions of the Prevention of Insults to National Honour Act, 1971, which attracts penal consequences under law, it said.
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RBI keeps policy rate unchanged amid inflationary pressure
Mumbai (PTI): The Reserve Bank on Wednesday expectedly kept interest rates unchanged amid hopes of a global recovery on the back of ceasefire in the six-week-long US/Israel-Iran conflict.
The policy decision comes as a month and a-half-long West Asia conflict has disrupted energy supplies, shot up crude oil prices and created fiscal and inflationary pressures for import-dependent nations like India.
This is the first monetary policy review after the government announced a fresh inflation target for the RBI last month. The government has asked the RBI to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side for another five years ending March 2031.
Announcing the first bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has unanimously decided to retain short-term lending rate or repo rate at 5.25 per cent with a neutral stance.
The rate cut pause comes on the back of the consumer price index (CPI) based headline retail inflation that moved closer to the RBI's medium-term target of 4 per cent at 3.21 per cent in February.
Additionally, the rupee has depreciated by over 4 per cent since the war, which has consequences for pushing up import inflation.
However, the rupee has appreciated by 50 paise to 92.56 against US dollar following announcement of the ceasefire by the US and Iran.
Based on the recommendation of the MPC, the RBI reduced the repo rate by 25 bps each in February, April, and December 2025 and 50 basis points in June amidst easing retail inflation.
India's retail inflation dropped to a historic low of 0.25 per cent in October 2025, marking the lowest level since the Consumer Price Index (CPI) series was introduced.
However, the rupee declined to historic low and crossed 95 against a dollar last month making imports costlier, raising fears of rise in inflation. Rupee touched a record low of 95.21 on March 30, 2026.
