RECOMMENDATION OF 15TH FINANCE COMMISSION

India, March 17 -- The Government of India has issued a release: Range for Distribution Gram Panchayats Block Panchayats District Panchayats Minimum 70% 10% 5% Maximum 85% 25% 15% Range for Distribution Gram Panchayats District Panchayats Minimum 70% 15% Maximum 85% 30% Sl. No. States 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 Total Allocation Release Allocation Release Allocation Release Allocation Release Allocation Release Allocation Release All...


Government Strengthens Institutional Credit Framework for Agriculture and Allied Sectors

India, March 17 -- The Government of India has issued a release: The Government has taken several measures to increase institutional credit flow to the agriculture sector, including to the underserved agricultural segments. Some of these measures inter-alia includes the following: NABARD has taken various steps to increase the credit flow to Agriculture sector which inter-alia include:- This information was given by the Minister of State in the Ministry of Finance Shri Pankaj Chaudhary in Ra...


Expansion of Bharat Taxi

India, March 17 -- The Government of India has issued a release: In line with Government of India's vision of 'Sahkar se Samriddhi' efforts have been made by Ministry of Cooperation to strengthen the cooperative sector and promote inclusive, citizen-centric mobility solutions. Registered under the Multi-State Cooperative Societies Act, 2002, Bharat Taxi was established on 6 June 2025 by 8 national level institutions working in field of cooperatives. The salient features of the platform are : T...


Progress of Area Coverage Under Summer Crops As On 13.03.2026

India, March 17 -- The Government of India has issued a release: AreaSown Increase/ Sl. NormalSummerArea(DES)* FinalSummerArea2025 CorrospondingperiodofLastYear(2025) DecreaseovercorrospondingperiodofLastyear 1 Rice 31.49 33.28 26.75 27.97 -1.22 2 Pulses 23.40 27.07 2.25 1.74 0.51 a Greengram 20.44 23.49 1.33 1.09 0.23 b Blackgram 2.96 3.58 0.71 0.51 0.20 c OtherPulses 0.00 - 0.21 0.13 0.08 3 ShreeAnnacumCoarseCereals 12.08 14.06 4.14 4.41 -0.26 ...


RBI TO CONDUCT 3-DAY VARIABLE RATE REPO (VRR) AUCTION UNDER LAF ON MARCH 20, 2026

MUMBAI, India, March 18 -- Reserve Bank of India issued the following press release: On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Friday, March 20, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 3 9:30 AM to 10:00 AM March 23, 2026 (Monday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-2022...


TREASURY BILLS: FULL AUCTION RESULT

MUMBAI, India, March 18 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) Auction Results 91-Day 182-Day 364-Day I. Notified Amount 14,000 12,000 8,000 II. Competitive Bids Received (i) Number 111 119 148 (ii) Amount 45,577.620 47,379.720 28,870.000 III. Cut-off price / Yield 98.6891 97.3128 94.6705 (YTM: 5.3278%) (YTM: 5.5380%) (YTM: 5.6450%) IV. Competitive Bids Accepted (i) Number 45 31 42 (ii) Amount 13,982.983 11,991.689 7,698.738 V. Partial Allot...


91-DAY, 182-DAY AND 364-DAY T-BILL AUCTION RESULT: CUT-OFF

MUMBAI, India, March 18 -- Reserve Bank of India issued the following press release: T-Bill 91-Day 182-Day 364-Day I. Total Face Value Notified ₹14,000 Crore ₹12,000 Crore ₹8,000 Crore II. Cut-off Price and Implicit Yield at Cut-Off Price 98.6891 (YTM: 5.3278%) 97.3128 (YTM: 5.5380%) 94.6705 (YTM: 5.6450%) III. Total Face Value Accepted ₹14,000 Crore ₹12,000 Crore ₹8,000 Crore Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026...


OVERSEAS DIRECT INVESTMENT FOR FEBRUARY 2026

MUMBAI, India, March 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of February 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/2284 Disclaimer: Curated by HT Syndication....


FOREIGN EXCHANGE TURNOVER DATA: JANUARY 27, 2026 - JANUARY 30, 2026

MUMBAI, India, March 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period January 27, 2026 - January 30, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 27-01-2026 8,243 1,945 2,028 1,0...


FOREIGN EXCHANGE TURNOVER DATA: JANUARY 19, 2026 - JANUARY 23, 2026

MUMBAI, India, March 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period January 19, 2026 - January 23, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 19-01-2026 3,115 1,967 1,949 474...