Prime Minister's meeting with Prime Minister of Finland on the margins of the 3rd India-Nordic Summit

India, May 19 -- The Government of India has issued a release: Prime Minister Shri Narendra Modi met with H.E. Mr. Petteri Orpo, Prime Minister of Finland on the sidelines of the 3rd India-Nordic Summit in Oslo on 19 May 2026. With the elevation of the bilateral relations to a Strategic Partnership in Digitalization and Sustainability, both Leaders emphasized the importance of strengthening collaboration between industry, research institutions, and academia. They underscored the pivotal role o...


Prime Minister's meeting with Prime Minister of Iceland on the margins of the 3rd India-Nordic Summit

India, May 19 -- The Government of India has issued a release: Prime Minister Shri Narendra Modi had a bilateral meeting with H.E. Ms. Kristurn Frostadottir, Prime Minister of Iceland in Oslo on the margins of the 3rd India-Nordic Summit. This was the first meeting of the two leaders since the assumption of office by Prime Minister Frostadottir. Prime Minister Modi congratulated Prime Minister Frostadottir for being the youngest Prime Minister in the history of Iceland. The two leaders exchan...


Press Statement by the Prime Minister during the Joint Press Statement at the Third India-Nordic Summit

India, May 19 -- The Government of India has issued a release: सभी नॉर्डिक देशों के लीडर्स delegates, मीडिया के साथियों, आप सबको मेरा नमस्कार! आज त&#2...


Vice-President condoles demise of former Union Minister and former Uttarakhand Chief Minister Major General B. C. Khanduri (Retd.)

India, May 19 -- The Government of India has issued a release: The Vice-President of India, Shri C. P. Radhakrishnan today expressed deep grief over the passing of former Union Minister and former Chief Minister of Uttarakhand, Major General B. C. Khanduri (Retd.). In a message, the Vice-President said that with the demise of Major General Khanduri, the nation has lost a distinguished soldier, an able administrator and a statesman of rare integrity. The Vice-President noted that Major General...


PRESIDENT OF INDIA PAYS FLORAL TRIBUTES TO NEELAM SANJIVA REDDY ON HIS BIRTH ANNIVERSARY

India, May 19 -- The Government of India has issued a release: The President of India, Smt Droupadi Murmu paid floral tributes to Shri Neelam Sanjiva Reddy, former President of India, on his birth anniversary at Rashtrapati Bhavan today (May 19, 2026). Disclaimer: Curated by HT Syndication....


Why NBFC Personal Loans Are Becoming More Popular Than Bank

India, May 20 -- A sudden hospital bill. Stock that needs replacing before the next business order goes out. Moments like these usually do not leave much time to plan. For years, getting financial help in such situations often meant multiple bank visits, stacks of paperwork, and long approval timelines that added even more stress to an already urgent situation. Things have changed quite a bit over the past few years. Borrowing money is no longer limited to lengthy bank processes and endless bra...


RBI TO CONDUCT OVERNIGHT VARIABLE RATE REPO (VRR) AUCTION UNDER LAF ON MAY 21, 2026

MUMBAI, India, May 20 -- 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 Thursday, May 21, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,25,000 1 9:30 AM to 10:00 AM May 22, 2026 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-2022/...


RBI ISSUES REVISED DRAFT AMENDMENT DIRECTIONS ON 'CONDUCT OF REGULATED ENTITIES IN RECOVERY OF LOANS AND ENGAGEMENT OF RECOVERY AGENTS'

MUMBAI, India, May 20 -- Reserve Bank of India issued the following press release: In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies dated February 6, 2026, the Reserve Bank of India had issued the draft Amendment Directions on 'Conduct of Regulated Entities in Recovery of Loans and Engagement of Recovery Agents' for public comments on February 12, 2026. Substantial feedback has been received from stakeholders on the draft Amendment Directions, whic...


RBI TO INJECT LIQUIDITY THROUGH LONG TERM USD/INR BUY/SELL SWAP AUCTION

MUMBAI, India, May 20 -- 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 USD/INR Buy/Sell swap auction of USD 5 billion for a tenor of three years. The details of the auction are as under: Swap Amount (USD Billion) Auction date Auction Time Near Leg/Spot Date Far Leg Date 5 May 26, 2026 10:30 AM to 11:30 AM May 29, 2026 May 29, 2029 The market participants would be required to place their b...


RESERVE MONEY FOR THE FORTNIGHT ENDED MAY 15, 2026

MUMBAI, India, May 20 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Reserve Money for the fortnight ended May 15, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/296 Disclaimer: Curated by HT Syndication....