India, Aug. 31 -- The Government of India has issued a release: The District Level Panchayat Conference Campaign organized across the country for effective implementation of Vikasit Bharat-Grantee for Rozgar evam Ajeevika Mission (Gramin): VB-G Ram Ji (Developed India-Ji Ram Ji) Act, 2025 and comprehensive orientation of elected representatives and functionaries of Panchayati Raj Institutions has achieved remarkable success. The Ministry of Rural Development had requested the States and Union T...
India, Aug. 31 -- The Government of India has issued a release: The Department of Fertilizers, Ministry of Chemicals and Fertilizers, Government of India, is organizing "Hindi Pakhwada-2026" from September 1 to September 15, 2026. Its primary objective is to promote the use of the official language, Hindi, in official work and to instill enthusiasm among officers and employees for its promotion. As in previous years, this year too, the event will be held under the guidance of Joint Secretary, ...
MUMBAI, India, Sept. 1 -- 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 Reverse Repo (VRRR) auction on Wednesday, September 02, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 5,00,000 1 09:30 AM to 10:00 AM September 03, 2026 (Thursday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press ...
MUMBAI, India, Sept. 1 -- Reserve Bank of India issued the following press release: A summary of the performance under the Citizen's Charter of the Reserve Bank of India (RBI) during the month of August 2026 is given below - Description No. of Applications A Applications pending at the beginning of the month 3,258 B Applications received during the month 18,099 C Referred back to applicants for additional information 778 Total (A+B-C) 20,579 D Applications processed during the month - Within...
MUMBAI, India, Sept. 1 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank of India released the balance of payments (BoP) data for the first quarter (Q1), i.e., April-June of 2026 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-June 2026 are detailed below in Table 1. Table 1: Sources of Variation in Foreign Exchange Reserves* (US$ billion) Items April-June 2025 April-June 2026 I. ...
MUMBAI, India, Sept. 1 -- Reserve Bank of India issued the following press release: Preliminary data on India's balance of payments (BoP) for the first quarter (Q1) of 2026-27, i.e., April-June 2026, are presented in Statements I (https://rbidocs.rbi.org.in/rdocs/content/docs/BOPS01092026_1.xlsx) and II (https://rbidocs.rbi.org.in/rdocs/content/docs/BOPS01092026_2.xlsx). Key Features of India's BoP in Q1:2026-27 * India's current account deficit stood at US$ 4.2 billion (0.5 per cent of GDP...
MUMBAI, India, Sept. 1 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has appointed Shri Suman Ray as Executive Director (ED) with effect from September 01, 2026. Prior to being promoted as ED, Shri Suman Ray was serving as Regional Director for Maharashtra. As a career central banker, Shri Ray has experience of over three decades in the Reserve Bank, having worked in several areas including Currency Management, Financial Inclusion, Payment and Se...
MUMBAI, India, Sept. 1 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 4,00,000 Total amount of offers received (in ₹ crore) 2,59,846 Amount accepted (in ₹ crore) 2,59,846 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate N.A. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1011 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Sept. 1 -- 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 second Variable Rate Reverse Repo (VRRR) auction on Tuesday, September 01, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 4,00,000 1 11:00 AM to 11:30 AM September 02, 2026 (Wednesday) 2. The operational guidelines for the auction as given in the Reserve Bank's P...
MUMBAI, India, Sept. 1 -- Reserve Bank of India issued the following press release: Tenor 7-day Notified Amount (in ₹ crore) 6,00,000 Total amount of offers received (in ₹ crore) 1,14,320 Amount accepted (in ₹ crore) 1,14,320 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate N.A. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1009 Disclaimer: Curated by HT Syndication....