India, May 8 -- The Government of India has issued a release: The Ministry of Civil Aviation, Government of India (MoCA), jointly with the International Financial Services Centres Authority (IFSCA) and the Federation of Indian Chambers of Commerce & Industry (FICCI), successfully organised the 2nd edition of the India Aircraft Leasing and Financing Summit 2.0 (IALFS 2.0) on Friday, 8th May 2026, at the GIFT City, Gandhinagar, Gujarat. Union Civil Aviation Minister Shri Ram Mohan Naidu presided ...
India, May 8 -- The Government of India has issued a release: Taking serious note of the problems faced by litchi farmers in Bihar, Union Minister for Agriculture and Farmers' Welfare, and Rural Development, Shri Shivraj Singh Chouhan has initiated immediate and sensitive intervention over the damage being caused to crops by the litchi stink bug. Following concerns raised by farmers, Shri Chouhan directed the constitution of a special expert task force that will visit the affected areas and sub...
India, May 8 -- The Government of India has issued a release: The Prime Minister, Shri Narendra Modi has written an OpEd on his forthcoming visit to Somnath on 11th May, highlighting the enduring significance of the day in relation to Somnath and the greatness of India's civilisation. Sharing details about the OpEd in a post on X, the Prime Minister also paid homage to all those who faced numerous challenges yet remained steadfast in protecting Somnath and restoring its glory. The Prime Minis...
India, May 8 -- The Government of India has issued a release: The Prime Minister, Shri Narendra Modi, said that the courage and valour of the Indian Armed Forces in protecting the honour and dignity of the nation make every citizen proud. He noted that their spirit of sacrificing everything for Mother India is a source of inspiration for all. The Prime Minister shared a Sanskrit verse- "स्वधर्ममपि चावेक&...
India, May 8 -- The Government of India has issued a release: Union Minister of Agriculture, Farmers Welfare, and Rural Development, Shri Shivraj Singh Chouhan, has taken a serious view of the plight of litchi farmers in Bihar and has taken prompt and sensitive action. Following the farmers' raising the issue of crop damage caused by the litchi sting bug, an expert task force was immediately formed, under Shri Shivraj Singh's direction, to visit the affected areas and provide a report and solut...
MUMBAI, India, May 11 -- Reserve Bank of India issued the following speech: It is my pleasure to be here at the Columbia Indian Economy Summit, 2026. I would like to thank Prof. Arvind Panagariya for his kind invitation to me to speak on issues related to India's growth trajectory, both at the national and at the states' level. My talk is in three parts. I will first present select salient features of the trajectory of economic growth of India over the past four decades, and what it bodes for ...
MUMBAI, India, May 11 -- 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 Repo (VRR) auction on Tuesday, May 12, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 3 9:30 AM to 10:00 AM May 15, 2026 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-2022/15...
MUMBAI, India, May 11 -- Reserve Bank of India issued the following press release: Government of India (GoI) has announced the sale (issue / re-issue) of two dated securities for a notified amount of ₹32,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 6.36% GS 2031 Feb 16, 2031 21,000 F.No.4(1)-B(W&M)/2026 dated May 11, 2026 May 15, 2026 (Friday) May 18, 2026 (Monday) 2 N...
MUMBAI, India, May 11 -- 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) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo i...
MUMBAI, India, May 11 -- 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) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo i...