India, June 12 -- The Government of India has issued a release: The National Institute of Social Defence (NISD), under the Ministry of Social Justice & Empowerment, Govt. of India, today signed a Memorandum of Understanding (MoU) with Dr. R.S. Tolia Uttarakhand Academy of Administration (DRSTUAoA), Nainital for collaborative capacity building on social defence issues in Uttarakhand. The MoU signing ceremony was graced by Shri Sudhaansh Pant, IAS, Secretary, Ministry of Social Justice & Empowe...
India, June 12 -- The Government of India has issued a release: Highlights National Level Indices Year-on-year inflation rate based on All India Consumer Price Index (CPI) with base year 2024 for the month of May, 2026 over May, 2025 is 3.93%(Provisional). Corresponding inflation rates for rural and urban are 4.25% and 3.53%, respectively. May, 2026 (Provisional) April, 2026 (Final) Rural Urban Combined Rural Urban Combined Inflation (%) CPI (General) 4.25 3.53 3.93 3.74 3.16 ...
India, June 12 -- The Government of India has issued a release: NITI Aayog today convened an Interaction with the Chief Ministers of the North-Eastern States. Representatives from all eight States - Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura participated and deliberated on development priorities, innovations and challenges. The interaction by Shri Ashok Lahiri, Vice Chairperson, NITI Aayog; Members from NITI Aayog and CEO, NITI Aayog saw participation of...
India, June 12 -- The Government of India has issued a release: The Mumbai-Ahmedabad High-Speed Rail (MAHSR) Project represents a major milestone in India's railway modernisation efforts. As the country's first high-speed rail corridor, it seeks to transform inter-city mobility and strengthen domestic railway capabilities. The 508-kilometre corridor passes through Maharashtra, Gujarat, and Dadra & Nagar Haveli. It combines high-speed passenger transportation with extensive infrastructure develo...
MUMBAI, India, June 15 -- Reserve Bank of India issued the following notification: RBI/DoR/2026-27/130 DOR.RAUG.AUT.REC.No.109/24.01.041/2026-27 June 15, 2026 Reserve Bank of India (Rural Co-operative Banks - Undertaking of Financial Services) Second Amendment Directions, 2026 In exercise of the powers conferred by Section 35A read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank being satisfied that it is necessary and expedient in the public interest to do so, hereby,...
MUMBAI, India, June 15 -- Reserve Bank of India issued the following notification: RBI/DoR/2026-27/131 DOR.RAUG.AUT.REC.No.110/24.01.041/2026-27 June 15, 2026 Reserve Bank of India (Non-Banking Financial Companies - Undertaking of Financial Services) Second Amendment Directions, 2026 In exercise of the powers conferred by Sections 45JA, Section 45K, 45L, and 45M of the Reserve Bank of India Act, 1934, Section 3 read with Section 31A and Section 6 of Factoring Regulation Act, 2011 and Sectio...
MUMBAI, India, June 15 -- Reserve Bank of India issued the following notification: RBI/2026-27/114 A.P. (DIR Series) Circular No. 14 June 15, 2026 To All Category - I Authorised Dealer Banks Madam / Sir Liberalisation of Foreign Portfolio Investment under Schedule III of the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 Attention of Authorised Dealer (AD) Category - I banks is invited to the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 (hereinafter refe...
MUMBAI, India, June 15 -- Reserve Bank of India issued the following notification: RBI/2026-27/115 DOR.MCS.REC.No.94/01-01-032/2026-27 June 15, 2026 Reserve Bank of India (Commercial Banks - Responsible Business Conduct) Second Amendment Directions, 2026 Certain instructions on customer appropriateness and suitability and other related matters have been issued to Commercial Banks (other than Small Finance Banks, Payments Banks, Regional Rural Banks, and Local Area Banks) under the Reserve ...
MUMBAI, India, June 15 -- Reserve Bank of India issued the following notification: RBI/2026-27/116 DOR.MCS.REC.No.95/01-01-033/2026-27 June 15, 2026 Reserve Bank of India (Small Finance Banks - Responsible Business Conduct) Second Amendment Directions, 2026 Certain instructions on customer appropriateness and suitability and other related matters have been issued to Small Finance Banks under the Reserve Bank of India (Small Finance Banks - Undertaking of Financial Services) Directions, 202...
MUMBAI, India, June 15 -- Reserve Bank of India issued the following notification: RBI/2026-27/117 DOR.MCS.REC.No.96/01-01-034/2026-27 June 15, 2026 Reserve Bank of India (Payments Banks - Responsible Business Conduct) Second Amendment Directions, 2026 Certain instructions on customer appropriateness and suitability and other related matters have been issued to Payments Banks under the Reserve Bank of India (Payments Banks - Undertaking of Financial Services) Directions, 2025. The extant i...