India, Aug. 12 -- The Government of India has issued a release: Program/Financial Year 2021-22 2022-23 2023-24 2024-25 2025-26 INSPIRE-MANAK 52720 43381 46926 50009 49805 INSPIRE-SHE 18039 19771 18236 20354 24276 INSPIRE Fellowship 2768 2872 2811 2448 3364 INSPIRE Faculty Fellowship 474 338 299 225 477 Over the last five years, the Innovation in Science Pursuit for Inspired Research (INSPIRE) Programme of the department of science and technology has systematically ...
India, Aug. 12 -- The Government of India has issued a release: The Government has assessed the participation of women in science, technology, engineering, and research careers through its national statistical frameworks. The Department of Science and Technology (DST), through its Research & Development Statistics 2025-2026 report, has documented a steady increase in women's participation in STEM research careers, from 13% in 2000-01 to 18.6% in 2020-21 and further to 29% in 2023-24. These stat...
MUMBAI, India, Aug. 13 -- 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 Friday, August 14, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,50,000 3 09:30 AM to 10:00 AM August 17, 2026 (Monday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press Release 2019...
MUMBAI, India, Aug. 13 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No. 4(7)-B(W&M)/2019 dated May 30, 2019 (https://rbidocs.rbi.org.in/rdocs/content/pdfs/SGBN30052019.pdf) (SGB 2019-20 Series III - Issue date August 14, 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 premature...
MUMBAI, India, Aug. 13 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBl) has, by an order dated August 11, 2026, imposed a monetary penalty of ₹2.50 lakh (Rupees Two Lakh Fifty Thousand only) on Jilla Sahakari Kendriya Bank Maryadit, Bhind, Madhya Pradesh (the bank), for contravention of the provisions of Section 26A read with Section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers conferred on...
MUMBAI, India, Aug. 13 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 11, 2026, imposed a monetary penalty of ₹1.80 lakh (Rupees One Lakh and Eighty Thousand only) on Valuefin India Credit Services Private Limited (the company), for non-compliance with certain directions issued by RBI on 'Acquisition of Shareholding or Control'. This penalty has been imposed in exercise of powers conferred on RBI under Section 58G...
MUMBAI, India, Aug. 13 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (issue / re-issue) of Government Securities, as detailed below, through auction to be held on August 14, 2026 (Friday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Prim...
MUMBAI, India, Aug. 13 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 1,00,000 Total amount of offers received (in ₹ crore) 80,170 Amount accepted (in ₹ crore) 80,170 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: 2026-2027/881 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Aug. 13 -- 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) 5,95,010.33 5.06 4.00-5.40 I. Call Money 15,174.91 5.11 4.60-5.30 II. Triparty Repo 3,97,202.30 5.04 4.95-5.35 III. Market Repo 1,75,614.97 5.08 4.00-5.35 IV. Repo in Corporate Bond 7,018.15 5.29 5.15-5.40 B. Term Segment I. Notice Money** 247.70 5.06...
India, Aug. 11 -- The Government of India has issued a release: Prime Minister Shri Narendra Modi today shared an insightful article by Union Minister Shri Piyush Goyal detailing the achievements of the Government e Marketplace (GeM) so far. He highlighted transparent procurement, wider participation, and better opportunities, stating that this is how GeM is transforming public procurement. The Prime Minister noted that with technology at its core, the GeM platform has strengthened Ease of Doi...