PREMATURE REDEMPTION UNDER SOVEREIGN GOLD BOND (SGB) SCHEME - REDEMPTION PRICE FOR PREMATURE REDEMPTION OF SGB 2019-20 SERIES V DUE ON OCTOBER 15, 2026

MUMBAI, India, Oct. 14 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No. 4(7)-B(W&M)/2019 dated September 30, 2019 (https://rbidocs.rbi.org.in/rdocs/content/pdfs/SGBN30092019.pdf) (SGB 2019-20 Series V - Issue date October 15, 2019) 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 next due date of prem...


CONVERSION/SWITCH OF GOVERNMENT OF INDIA SECURITIES

MUMBAI, India, Oct. 14 -- Reserve Bank of India issued the following press release: Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹20,000 crore (face value). The security-wise details of the conversion/switch are given as under: Date of Auction Source Securities Amount (FV) of Source Securities (in ₹ crore) Destination Securities October 19, 2026 (Monday) 8.26% GS 2027 (Maturing on Aug 02, 2027) 2,000 7.19% GS 20...


RBI TO CONDUCT OVERNIGHT VARIABLE RATE REVERSE REPO (VRRR) AUCTION UNDER LAF ON OCTOBER 15, 2026

MUMBAI, India, Oct. 14 -- 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 Thursday, October 15, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 1 09:30 AM to 10:00 AM October 16, 2026 (Friday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press Release 20...


RESULT OF THE OVERNIGHT VARIABLE RATE REVERSE REPO (VRRR) AUCTION HELD ON OCTOBER 14, 2026

MUMBAI, India, Oct. 14 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 25,533 Amount accepted (in ₹ crore) 25,533 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: 2026-2027/1324 Disclaimer: Curated by HT Syndication....


MONEY MARKET OPERATIONS AS ON OCTOBER 13, 2026

MUMBAI, India, Oct. 14 -- 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) 6,89,444.06 5.37 0.07-6.00 I. Call Money 15,276.56 5.34 4.50-5.75 II. Triparty Repo 4,72,774.00 5.39 5.30-5.95 III. Market Repo 1,96,263.85 5.33 0.07-6.00 IV. Repo in Corporate Bond 5,129.65 5.47 5.45-5.70 B. Term Segment I. Notice Money** 276.98 5.25...


The central government has taken a major step to protect the interests of sugarcane farmers: announcing the formation of a high-level committee within a week.

India, Oct. 12 -- The Government of India has issued a release: Under the leadership and guidance of Prime Minister Shri Narendra Modi , the Central Government is taking concrete steps with full commitment to the overall welfare of farmers , transparent assessment of their produce , and income security . In this regard , Union Agriculture and Farmers Welfare and Rural Development Minister Shri Shivraj Singh Chouhan and Union Consumer Affairs , Food and Public Distribution Minister Shri Prahl...


Research, Development and Innovation Fund Announces First Cohort of 19 Second Level Fund Managers

India, Oct. 12 -- The Government of India has issued a release: The Research, Development and Innovation Fund (RDIF), a flagship initiative of the Government of India, has announced the first cohort of 19 Second Level Fund Managers (SLFMs), marking a significant milestone in the implementation of the Rs.1 lakh crore Fund. The Empowered Group of Secretaries (EGoS) in its meeting held on October 08, 2026 has approved 14 Alternative Investment Funds (AIFs) and 5 Focused Research Organisations (FRO...


Molecular geometry tweak opens new way for smart biomaterials

India, Oct. 12 -- The Government of India has issued a release: Researchers have demonstrated how a remarkably small change in molecular structure can profoundly influence the way peptide-based molecules organize and function. Such an approach could support the development of adaptable peptide-based nanomaterials for applications in biosensing, bioimaging, smart photonic materials, optoelectronics, and molecular electronics. Peptides, the building blocks of proteins, can spontaneously organiz...


PM-SETU Achieves Another Milestone with Signing of Shareholders' Agreements for Surat and Visakhapatnam Clusters; Rs.440 Crore Approved for Upgradation of Nine Government ITIs

India, Oct. 12 -- The Government of India has issued a release: In a major boost to India's ITIs ecosystem, Shareholders' Agreements (SHAs) have been signed under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme for the upgradation of Government Industrial Training Institutes (ITIs) in Gujarat and Andhra Pradesh through a partnership with ArcelorMittal Nippon Steel India (AM/NS India). The agreements have been signed between the Directorate Ge...


Pursuing Academic Aspirations with Confidence

India, Oct. 12 -- The Government of India has issued a release: The National Fellowship for Scheduled Caste Students (NFSC) Scheme provides eligible scholars with financial assistance to pursue doctoral studies and work towards their academic goals. For many aspiring researchers, financial constraints can make the pursuit of higher education difficult. The journey of Dr. Chetana Regar from Rajsamand district of Rajasthan illustrates the role such support can play in making higher education pos...