MUMBAI, India, June 4 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated May 26, 2026, imposed a monetary penalty of ₹14.25 lakh (Rupees Fourteen Lakh Twenty Five Thousand only) on Nagar Sahkari Bank Ltd., Maharajganj (Uttar Pradesh) (the bank) for non-compliance with certain directions issued by RBI on 'Income Recognition, Asset Classification and Provisioning and Other Related Matters', 'Exposure Norms and Statutory / Othe...
MUMBAI, India, June 4 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (re-issue) of Government Security, as detailed below, through auction to be held on June 05, 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 Primary Dealer (P...
MUMBAI, India, June 4 -- 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) 7,11,235.95 5.14 0.10-5.50 I. Call Money 16,234.72 5.27 4.00-5.40 II. Triparty Repo 5,01,256.80 5.13 4.76-5.23 III. Market Repo 1,87,249.93 5.14 0.10-5.50 IV. Repo in Corporate Bond 6,494.50 5.29 5.25-5.40 B. Term Segment I. Notice Money** 186.70 5.16 ...
India, June 2 -- The Government of India has issued a release: India has an immense potential to emerge as a global leader in the Bio-Economy and Bio-Based Agri-Input sector due to its strong scientific base, rich biodiversity, and rapidly growing start-up ecosystem. This was stated by Shri Tejveer Singh, Secretary, Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilizers, while addressing the valedictory session of the two-day symposium-cum-workshop, BIOPSF 202...
India, June 2 -- The Government of India has issued a release: H.E. Mr. Shipokosa Paulus Mashatile, Deputy President of the Republic of South Africa, called on the President of India, Smt. Droupadi Murmu at Rashtrapati Bhavan today (June 2, 2026). Welcoming Deputy President Mashatile on his first visit to India, the President said that India and South Africa share a special friendship that is both historic and contemporary. Our multifaceted partnership is founded on shared values and mutual re...
India, June 2 -- The Government of India has issued a release: A group of beneficiaries of the Ministry of Tribal Affairs' Flagship Scholarship schemes called on the President of India, Smt Droupadi Murmu at Rashtrapati Bhavan today (June 2, 2026). Addressing the beneficiaries, the President said that there is no lack of talent in our country. All that is required is providing the right guidance, support, and an appropriate platform. Presence of the beneficiaries stands as a testament to the f...
India, June 2 -- The Government of India has issued a release: Deputy President of South Africa, H.E. Mr Shipokosa Paulus Mashatile, met the Vice President of India, Shri C. P. Radhakrishnan, at Uprashtrapati Bhavan, New Delhi today, during his official visit to India. He was accompanied by a high-level delegation comprising senior Ministers and officials of the Government of South Africa. Disclaimer: Curated by HT Syndication....
India, June 2 -- The Government of India has issued a release: Prime Minister Shri Narendra Modi today expressed deep pain over the tragic mishap in Surat district, Gujarat. He extended his heartfelt condolences to those who have lost their loved ones and prayed for the earliest recovery of the injured. The Prime Minister noted that rescue operations are underway and authorities are providing all possible assistance at the accident site. The Prime Minister has announced an ex-gratia of Rs. 2 l...
India, June 2 -- The Government of India has issued a release: Prime Minister Shri Narendra Modi today shared a Sanskrit Subhashitam, observing that firm resolve and self-control are the powers that make even the most difficult paths easy. Shri Modi highlighted that today, our youth are continuously engaged in nation-building with this very resolve. The Prime Minister posted on X: "दृढ़ निश्चय और आत्...
India, June 2 -- The Government of India has issued a release: Prime Minister Shri Narendra Modi today extended his greetings to the people of Telangana on the special occasion of Telangana Statehood Day. The Prime Minister noted that the people of Telangana are known for their spirit of innovation and enterprise, and highlighted the state's glorious culture and history of courage and determination. Shri Modi affirmed the Central Government's commitment to supporting Telangana's growth traject...