India, May 12 -- The Government of India has issued a release: Union Minister of Commerce and Industry Shri Piyush Goyal addressed the Confederation of Indian Industry (CII) Annual Summit today in New Delhi and said that the Indian economy has continued to show resilience amid global geopolitical and economic challenges, with strong fundamentals and growing global confidence in India. Shri Goyal said India remains the fastest-growing large economy and highlighted that the country has nearly 11...
India, May 12 -- The Government of India has issued a release: Area Sown Increase/ S. Normal Summer Area(DES) Final Summer Area 2025 Corrosponding period of Last Year (2025) Decrease over corrosponding period of Last year 1 Rice 31.49 33.28 31.05 32.42 -1.36 2 Pulses 23.40 27.07 24.97 23.76 1.21 a Greengram 20.44 23.49 20.07 20.00 0.07 b Blackgram 2.96 3.58 4.60 3.58 1.02 c Other Pulses 0.00 - 0.30 0.19 0.11 3 Shree Anna cum Coarse Cereals 12.08 14.0...
India, May 12 -- The Government of India has issued a release: The Prime Minister, Shri Narendra Modi, shared a Sanskrit Subhashitam emphasising that knowledge can be gained only through devoted service to the Guru. The Prime Minister shared a Sanskrit Subhashitam- "यथा खात्वा खनित्रेण भूतले वारि विन्दत&...
India, May 12 -- The Government of India has issued a release: The Vice President of India, Shri C. P. Radhakrishnan today addressed the 51st Convocation Ceremony of All India Institute of Medical Sciences, New Delhi at Bharat Mandapam, New Delhi. Highlighting the contribution of AIIMS in healthcare delivery, the Vice President noted that the institute has emerged as the nation's primary engine of medical innovation and healthcare excellence, setting the highest standards of patient care and m...
MUMBAI, India, May 13 -- Reserve Bank of India issued the following notification: RBI/2026-27/82 A.P. (DIR Series) Circular No.10 May 13, 2026 To All Authorised Dealers Madam / Sir, Operating framework for facilitating Outward Remittance services by non- bank entities through Authorized Dealer (Category I) banks in India Attention of Authorised Persons is invited to Master Direction - Miscellaneous (Master Direction No. 19/2015-16 dated January 1, 2016), as amended from time to time. 2...
MUMBAI, India, May 13 -- 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 ₹30,000 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 May 18, 2026 (Monday) 6.79% GS 2027 (Maturing on May 15, 2027) 3,000 6.67% GS 2035 ...
MUMBAI, India, May 13 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 02-May-2025# 15-Apr-2026 30-Apr-2026 02-May-2025# 15-Apr-2026 30-Apr-2026 I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 349543.61 367443.29 399151.36 355519.18 376141.00 407371.06** b) Borrowings from banks 110268.37 74592.28 78619.91 110369.38 74896.94 79158.39 c) Other de...
MUMBAI, India, May 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) 7,38,848.15 5.13 3.00-5.40 I. Call Money 16,051.42 5.25 4.20-5.35 II. Triparty Repo 5,44,521.75 5.13 4.93-5.19 III. Market Repo 1,72,504.58 5.11 3.00-5.40 IV. Repo in Corporate Bond 5,770.40 5.26 5.20-5.40 B. Term Segment I. Notice Money** 120.00 5.04 ...
NEW DELHI, May 13 -- The Government of India issued the following FEMA circular: RBI/2026-27/82 A.P. (DIR Series) Circular No.10 May 13, 2026 To All Authorised Dealers Madam / Sir, Operating framework for facilitating Outward Remittance services by non- bank entities through Authorized Dealer (Category I) banks in India Attention of Authorised Persons is invited to Master Direction - Miscellaneous (Master Direction No. 19/2015-16 dated January 1, 2016), as amended from time to time. 2....
India, May 11 -- The Government of India has issued a release: Victory to Mother India. Victory to Mother India. Popular Chief Minister of Gujarat Shri Bhupendra Bhai Patel, Deputy Chief Minister Harsh Sanghavi Ji, Union Minister and founding trustee Mansukh Bhai Mandaviya, President of Sardar Dham Gagji Bhai Sutariya Ji, Dushyant Bhai Patel, Pankaj Bhai Patel, State BJP President Jagdish Vishwakarma Ji, all ministers of the Gujarat Government present on the stage, all donors, trustees, disti...