India, Oct. 15 -- The Government of India has issued a release: Union Minister of Commerce and Industry Shri Piyush Goyal called upon young Indians to embrace emerging technologies, continuously upgrade their skills and contribute to India's journey towards becoming a developed nation by 2047. Addressing the inauguration of the SRCC Centenary Conclave on "Pathways to Viksit Bharat", he emphasised that investments in manufacturing, technology adoption and skill development would create opportuni...
India, Oct. 15 -- The Government of India has issued a release: September 2026 September 2025 Merchandise Exports 44.40 36.08 Imports 74.61 69.08 Services* Exports 36.35 36.67 Imports 19.44 17.84 Total Trade Exports 80.75 72.76 Imports 94.05 86.93 Trade Balance -13.30 -14.17 April-September 2026-27 April-September 2025-26 Merchandise Exports 259.89 219.30 Imports 437.53 376.17 Services* Exports 216.31 199.02 Imports 113.60 100.24 Total Trade Exports 4...
India, Oct. 15 -- The Government of India has issued a release: Union Minister of Commerce and Industry, Shri Piyush Goyal, launched the National Strategic Trade Command Centre (NSTCC) at Vanijya Bhawan, New Delhi, in the presence of Commerce Secretary, Shri Rajesh Agrawal, and Director General, Director General of Foreign Trade (DGFT), Shri Lav Agarwal. Speaking on the occasion, Shri Piyush Goyal lauded NSTCC for enabling data-driven, evidence-based trade decisions. While reviewing the SCOMET...
India, Oct. 15 -- The Government of India has issued a release: Before After ECL undertook a comprehensive cleaning and beautification drive across 15,000 sq. ft. in Pandaveswar Area. The activity involved the removal of wild vegetation, bushes, weeds and accumulated debris, significantly improving the cleanliness, safety and appearance of the premises. Before After WCL: The Security Department at WCL Headquarters transformed an underutilised space into a modern, well-organised Corporate S...
MUMBAI, India, Oct. 16 -- Reserve Bank of India issued the following press release: In the underwriting auction conducted on October 16, 2026, for Additional Competitive Underwriting (ACU) of the undernoted Government security, the Reserve Bank of India has set the cut-off rate 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 U...
MUMBAI, India, Oct. 16 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No. 4(4)-B(W&M)/2020 dated October 09, 2020 (https://rbidocs.rbi.org.in/rdocs/content/pdfs/SGB09102020_1.pdf) (SGB 2020-21 Series VII - Issue date October 20, 2020) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the due date of prematur...
MUMBAI, India, Oct. 16 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Indian branches of Emirates NBD Bank P.J.S.C. (Transferor Bank) with RBL Bank Limited (Transferee Bank). The Scheme has been sanctioned in exercise of the powers contained in sub-section (4) of Section 44A of the Banking Regulation Act, 1949. The effective date of the amalgamation shall be December 01, 2026. All the Indian branches of Emirate...
MUMBAI, India, Oct. 16 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ -- > Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 7,29,578.45 5.70 3.00-6.00 I. Call Money 17,180.77 5.75 4.85-5.90 II. Triparty Repo 5,16,439.90 5.71 5.15-5.81 III. Market Repo 1,90,848.13 5.64 3.00-5.95 IV. Repo in Corporate Bond 5,109.65 5.86 5.75-6.00 B. Term Segment I. Notice Money** 273.50 5.59...
India, Oct. 14 -- The Government of India has issued a release: The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, appreciating the excellent performance of Railway employees, has approved the payment of PLB of Rs 2009.61 crore for 78 days to 11,40,770 Railway employees . PLB is paid to eligible railway employees every year before the Durga Puja/Dussehra holidays. This year too , approximately 11.40 lakh non-gazetted railway employees are being paid PLB, equivalent to 78 days'...
India, Oct. 14 -- The Government of India has issued a release: Foreign Minister of Canada, H.E. Ms. Anita Anand, called on Prime Minister Shri Narendra Modi today. During the meeting, Prime Minister Modi and Foreign Minister Anand discussed ongoing efforts to strengthen bilateral ties and expand cooperation in areas of mutual interest, including trade, science and technology, defence, security, energy, education, people-to-people ties and multilateral cooperation. Prime Minister emphasised t...