MUMBAI, India, Sept. 4 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 31, 2026, imposed a monetary penalty of ₹1,19,400 (Rupees One Lakh Nineteen Thousand Four Hundred only) on Equifax Credit Information Services Private Limited (the company) for non-compliance with certain provisions of directions issued by RBI on 'Framework for compensation to customers for delayed updation / rectification of credit information'...
MUMBAI, India, Sept. 4 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 31, 2026, imposed a monetary penalty of ₹4.20 lakh (Rupees Four Lakh Twenty Thousand only) on Sammaan Finserve Limited (the company) for non-compliance with certain provisions of the directions issued by RBI on 'Early Recognition of Stress and Reporting to Central Repository of Information on Large Credits (CRILC)'. This penalty has been imposed...
MUMBAI, India, Sept. 4 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 31, 2026, imposed a monetary penalty of ₹6,89,600 (Rupees Six lakh eighty nine thousand six hundred only) on CRIF High Mark Credit Information Services Private Limited (the company) for non-compliance with certain provisions of the directions issued by RBI on 'Framework for compensation to customers for delayed updation/ rectification of credit ...
MUMBAI, India, Sept. 4 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 31, 2026, imposed a monetary penalty of ₹26,82,800 (Rupees Twenty-six lakh eighty two thousand eight hundred only) on TransUnion CIBIL Limited (the company) for non-compliance with certain provisions of the directions issued by RBI on 'Framework for compensation to customers for delayed updation/ rectification of credit information'. This penalt...
India, Sept. 2 -- The Government of India has issued a release: While India's export journey has been marked by impressive growth, sustaining this momentum requires a more inclusive approach to development. The Districts as Export Hubs (DEH) Initiative is a framework to realise inclusive export growth, which transforms every district into a center of export planning by identifying products and services with global potential and connecting local producers to international markets. Building upon ...
India, Sept. 2 -- The Government of India has issued a release: IMF describes double deflation as the preferred method for calculating GDP in volume terms. A negative inflation in implicit deflator in manufacturing does not mean that manufacturing prices have fallen. It is important to distinguish between the price deflators of output and inputs and the implicit Gross Value Added (GVA) deflator. Year 1 Year 2 Growth Rate Gross Value of Output 1,000 Cr 1,200 Cr 20.0% Intermediate Cons...
India, Sept. 2 -- The Government of India has issued a release: S. No. Name Category 1. Ms. Baljeet Kaur Land Adventure 2. Shri Skalzang Rigzin Land Adventure 3. Shri Rimo Saha Water Adventure 4. Shri Shiv Prasad Chamoli Life Time Achievement The Ministry of Youth Affairs and Sports, Government of India, has announced the Tenzing Norgay National Adventure Awards (TNNAA) for the year 2024. The awards cover four categories - Land Adventure, Water Adventure, Air Adventure and Lifeti...
India, Sept. 2 -- The Government of India has issued a release: Year 1 Year 2 Growth Rate Gross Value of Output 1,000 Cr 1,200 Cr 20.0% Intermediate Consumption 800 Cr 976 Cr 22.0% Nominal Gross Value Added (Current) 200 Cr 224 Cr 12.0% (PPI Output Index) 100 110 10.0% (PPI Input Index) 100 114 14.0% Deflated Output (Constant) 1,000 Cr 1,091 Cr 9.1% Deflated Inputs (Constant) 800 Cr 856 Cr 7.0% Real Value Added (Constant) 200 Cr 235 Cr 17.5% Current Price Grow...
India, Sept. 2 -- The Government of India has issued a release: For young people affected by substance use and emotional distress, timely treatment, counselling and rehabilitation support can be critical in helping them regain confidence, restore their well-being and work towards a stable future. Demonstrating the impact of support provided through the District De-Addiction Centre (DDAC), Simhon (name changed), a 26-year-old Scheduled Tribe beneficiary from Karbi Anglong district in Assam, has...
India, Sept. 2 -- The Government of India has issued a release: For scholars from financially constrained families, pursuing advanced education and research can be difficult without dependable financial support. Timely fellowship assistance can ease this burden and enable scholars to continue their academic journey with greater stability and confidence. Demonstrating the impact of support under the National Fellowship for Scheduled Caste Students (NFSC) Scheme, Shri Kuri Sravan Kumar, a 37-yea...