MUMBAI, India, Aug. 29 -- Intellectual Property India has published a patent application (202421014675 A) filed by Hindalco Industries Limited, Maharashtra, on Feb. 28, for 'a fire-resistant lubricant composition and method thereof.' Inventor(s) include Rajendra D. Kule; Akshta Jha; K. Venkatesh; and Harshad K Pandit. The application for the patent was published on Aug. 29, under issue no. 35/2025. According to the abstract released by the Intellectual Property India: "A Fire-Resistant Lubric...
GANGTOK, India, Aug. 29 -- Sikkim High Court issued the following judgment/order on Aug. 7: The Petitioner is aggrieved by the Order dated 27-06- 2022, of the Assistant Commissioner, Central Goods and Service Tax, Gangtok Division, vide which it was inter alia ordered that the taxpayer had claimed budgetary support of Rs.59,44,977/- (Rupees fifty nine lakhs, forty four thousand, nine hundred and seventy seven) only, however, on verification it is found that the eligible budgetary support payabl...
MUMBAI, India, Aug. 29 -- Intellectual Property India has published a patent application (202527074813 A) filed by Datang Mobile Communications Equipment Co. Ltd., Beijing, on Aug. 6, for 'beam configuration parameter determination method and apparatus, and beam configuration parameter indication method and apparatus.' Inventor(s) include Li, Xiaojiao; and Wang, Junwei. The application for the patent was published on Aug. 29, under issue no. 35/2025. According to the abstract released by the ...
MUMBAI, India, Aug. 29 -- Reserve Bank of India issued the following press release: Data on sectoral deployment of bank credit for the month1 of July 2025 collected from 41 select scheduled commercial banks (SCBs), accounting for about 95 per cent of the total non-food credit by all SCBs, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit2 grew3 by 9.9 per cent as on the fortnight ended July 25, 2025, compared to 13.6 per cent during the corresponding for...
MUMBAI, India, Aug. 29 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,53,452.30 5.37 3.00-6.40 I. Call Money 17,689.02 5.46 4.75-5.60 II. Triparty Repo 4,47,565.80 5.36 5.00-5.45 III. Market Repo 1,85,240.93 5.38 3.00-5.60 IV. Repo in Corporate Bond 2,956.55 5.62 5.52-6.40 B. Term Segment I. Notice Money** 274.20 5.35 5.00-5.50 II. T...
MUMBAI, India, Aug. 29 -- Reserve Bank of India issued the following press release: Tenor 6-day Notified Amount (in ₹ crore) 1,50,000 Total amount of offers received (in ₹ crore) 1,38,366 Amount accepted (in ₹ crore) 1,38,366 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/994 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Aug. 29 -- Reserve Bank of India issued the following press release: In the underwriting auction conducted on August 29, 2025, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below: Nomenclature of the Security Notified Amount (₹ crore) Minimum Underwriting Commitment (MUC) Amount (₹ crore) Additional Competitive...
MUMBAI, India, Aug. 29 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released its web publication entitled 'Quarterly Basic Statistical Return (BSR)-1 on Credit by Scheduled Commercial Banks (SCBs)Statistics>Data Release>Fortnightly>Scheduled Bank's Statement of Position in India) and aggregate level monthly data on sectoral deployment of bank credit for June 2025, reported by select major banks, were also released on the website (Home>Statistics>Data Rele...
MUMBAI, India, Aug. 29 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released the web publication 'Quarterly Basic Statistical Return (BSR)-2 on Deposits with Scheduled Commercial BanksStatistics>Data Release>Fortnightly>Scheduled Bank's Statement of Position in India).">1 - June 20252' on its 'Database on Indian Economy' portal3 (https://data.rbi.org.in Homepage > Publications). Scheduled commercial banks (SCBs), excluding regional rural banks, report qu...
MUMBAI, India, Aug. 29 -- Reserve Bank of India issued the following press release: On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Monday, September 01, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 3 9:30 AM to 10:00 AM September 04, 2025 (Thursday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press Rel...