NEW DELHI, April 1 -- The Government of India issued the following FEMA circular: RBI/2026-27/02 A.P. (DIR Series) Circular No. 01 April 01, 2026 All Authorised Persons Madam / Sir, Reporting under Foreign Exchange Management Act, 1999 - Returns pertaining to Foreign Exchange Management (Guarantees) Regulations, 2026 Attention of Authorised Persons is invited to Foreign Exchange Management (Guarantees) Regulations, 2026 [FEMA 8 (R)] and Master Direction - Reporting under Foreign Exchange...
MUMBAI, India, April 1 -- Reserve Bank of India issued the following notification: RBI/DCM/2026-27/395 DCM (NE) No.G-2/08.07.18/2026-27 April 01, 2026 The Chairman/ Managing Director/ Chief Executive Officer All Banks Madam/ Dear Sir, Master Direction - Facility for Exchange of Notes and Coins In exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949, read with sections 28, 38, 39, 58(1) and 58(2)(q) of the Reserve Bank of India Act, 1934, Reserve Bank of ...
MUMBAI, India, April 1 -- Reserve Bank of India issued the following notification: RBI/DCM/2026-27/394 DCM (FNVD)/G-1/16.01.05/2026-27 April 01, 2026 The Chairman/ Managing Director/ Chief Executive Officer All Banks Madam / Dear Sir, Master Direction on Counterfeit Notes - Detection, Reporting and Monitoring In exercise of powers conferred under Section 35A and Section 56 of the Banking Regulation Act, 1949, Reserve Bank of India (RBI), from time-to-time issues guidelines/ instructions/...
JABALPUR, India, March 31 -- Madhya Pradesh High Court issued the following judgment/order on Feb. 26: Learned counsel for appellants submits that without prejudice to the rights and contentions of the appellants he will be satisfied, in case a direction is issued to respondent no.2 i.e. General Manager, District Cooperative Central Bank Ltd. Shahdol to decide the representation of the appellants in a time bound manner. In view of the above, appeal is disposed of directing the General Manager...
India, March 30 -- The Government of India has issued a release: Year % share of export of MSME related products in total merchandise exports of India 2022-23 43.59% 2023-24 45.74% 2024-25 48.55% As per the available information, the share of export of MSME specified products in total merchandise exports of India is as follows: Government has undertaken the following initiatives to support Micro, Small and Medium Enterprises (MSMEs) and boost their competitiveness in domestic and inter...
India, March 30 -- The Government of India has issued a release: As per seventh Schedule of the Constitution of India, Land & Colonization are State subjects. Accordingly, primary responsibility rests with the States / Union Territories (UTs) for rehabilitation of homeless persons. Government of India supplements the efforts of State Governments/UTs through various programs and schematic interventions. Ministry of Housing and Urban Affairs administered a Scheme for Shelter for Urban Homeless (S...
India, March 30 -- The Government of India has issued a release: Reserve Bank of India (RBI) endeavours to maintain sufficient liquidity in the banking system to ensure that the productive requirements of the economy including rural sector are met and transmission to market rates remains robust.     The Government has taken various measures to ensure uninterrupted credit flow for rural development initiatives, including SHGs, which inter-alia include: o Training support to...
India, March 30 -- The Government of India has issued a release: Under the Government of India's Skill India Mission (SIM), the Ministry of Skill Development and Entrepreneurship (MSDE) delivers skill, re-skill and up-skill training through an extensive network of skill development centres / institutes etc. under various schemes, viz. Pradhan Mantri Kaushal Vikas Yojana (PMKVY), Jan Shikshan Sansthan (JSS), National Apprenticeship Promotion Scheme (NAPS) and Craftsman Training Scheme (CTS) thro...
India, March 30 -- The Government of India has issued a release: The CSIR-National Institute of Science Communication and Policy Research has entered a Memorandum of Understanding (MoU) with the Science City of Andhra Pradesh (SCAP) to strengthen science communication and promote collaborative research in Science, Technology, and Innovation (STI) policy. This collaboration aims to advance evidence-based policymaking, enhance public understanding of science through science communication initiati...
India, March 30 -- The Government of India has issued a release: A Memorandum of Understanding was signed between Gati Shakti Vishwavidyalaya (GSV), India's leading university for the transportation and logistics sector and Directorate General of Civil Aviation (DGCA) at Rail Bhawan today. This significant MoU was signed by Sh. Faiz Ahmed Kidwai (DG, DGCA) and Prof. Manoj Choudhary (VC, GSV) in the presence of Union Minister for Railways, Information & Broadcasting, and Electronics & Informatio...