Elgar Parishad-Maoist link case accused Mahesh Raut gets interim bail for law exams
Mumbai, Apr 3 (PTI): A special NIA court on Thursday granted interim bail to Elgar Parishad-Maoist link case accused Mahesh Raut from April 20 to May 16 to appear for his law degree exams.
Raut was arrested in 2018 for his alleged role in the case and is currently lodged in Taloja jail in neighbouring Navi Mumbai.
Special Judge Chakor Bhaviskar granted Raut bail to appear for the second semester Bachelor of Laws (LLB) exams in Mumbai.
The special National Investigation Agency court granted Raut temporary relief on executing a personal recognition bond of Rs 50,000 with a surety of the same amount.
The court also allowed him to appear for the semester one ATKT (allowed to keep terms) exam on April 4 and viva-voice and assignment presentation on April 9 under police escort.
It also directed Raut to furnish proof of his residential address for this period as well as an active mobile number to jail authorities and the probe agency.
The accused shall not misuse the liberty granted to him and shall immediately surrender to the jail authority on the same day when the examination is over, the court said.
Raut and 14 other activists were booked in connection with allegedly provocative speeches that were delivered at the Elgar Parishad conclave held in Pune on December 31, 2017. It triggered violence at Koregaon Bhima there the next day.
As per Pune police, the conclave was backed by Maoists.
The National Investigation Agency later took over the probe into the case.
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RBI lowers FY26 inflation projection to 4 pc
Mumbai (PTI): The Reserve Bank on Wednesday lowered the inflation projection for the current fiscal to 4 per cent from 4.2 per cent earlier, taking into account good agricultural output and falling crude prices.
Consumer Price Index (CPI) based headline retail inflation declined by a cumulative 1.6 percentage points during January-February 2025, from 5.2 per cent in December 2024 to a low of 3.6 per cent in February 2025.
On the back of a strong seasonal correction in vegetable prices this year, food inflation dropped to a 21-month low of 3.8 per cent in February.
Unveiling the first bi-monthly monetary policy of financial year 2025-25, RBI Governor Sanjay Malhotra said the outlook for food inflation has turned decisively positive.
There has been a substantial and broad-based seasonal correction in vegetable prices.
"On the inflation front, while the sharper-than-expected decline in food inflation has given us comfort and confidence, we remain vigilant to the possible risks from global uncertainties and weather disturbances," the governor said.
He further said the uncertainties on rabi crops have abated considerably and the second advance estimates point to a record wheat production and higher output of key pulses over the last year.
Along with robust kharif arrivals, this is expected to set the stage for a durable softening in food inflation, the governor said.
Sharp decline in inflation expectations for three months and one year ahead period would help anchor inflation expectations going ahead, the central bank said.
Furthermore, the fall in crude oil prices augurs well for the inflation outlook, said the Monetary Policy Statement, 2025-26 Resolution of the Monetary Policy Committee (MPC).
On the other hand, there are concerns on lingering global market uncertainties and recurrence of adverse weather-related supply disruptions pose upside risks to the inflation trajectory.
Taking all these factors into consideration, and assuming a normal monsoon, Malhotra said CPI inflation for the financial year 2025-26 is projected at 4 per cent, with Q1 at 3.6 per cent; Q2 at 3.9 per cent; Q3 at 3.8 per cent; and Q4 at 4.4 per cent. The risks are evenly balanced.
The government will release the retail inflation numbers next week.
