RESULT OF THE 3-DAY VARIABLE RATE REVERSE REPO (VRRR) AUCTION HELD ON SEPTEMBER 18, 2026

MUMBAI, India, Sept. 18 -- Reserve Bank of India issued the following press release: Tenor 3-day Notified Amount (in ₹ crore) 2,25,000 Total amount of offers received (in ₹ crore) 2,22,629 Amount accepted (in ₹ crore) 2,22,629 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1142 Disclaimer: Curated by HT Syndication....


AUCTION OF STATE GOVERNMENT SECURITIES

MUMBAI, India, Sept. 18 -- Reserve Bank of India issued the following press release: The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹16,750 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Andhra Pradesh 1000 Re-issue of 7.56% Andhra Pradesh SGS 2039, issued on July 01, 2026 Price 1600 Re-issue of 7.68% Andhra Pradesh SGS 2051, issued on July 29, 2026 Price 2. Goa 150 15 Yie...


RBI TO CONDUCT OVERNIGHT VARIABLE RATE REVERSE REPO (VRRR) AUCTION UNDER LAF ON SEPTEMBER 21, 2026

MUMBAI, India, Sept. 18 -- 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 Monday, September 21, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 1 09:30 AM to 10:00 AM September 22, 2026 (Tuesday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press Rel...


OVERSEAS DIRECT INVESTMENT FOR AUGUST 2026

MUMBAI, India, Sept. 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has today released the data on Overseas Direct Investment (https://rbidocs.rbi.org.in/rdocs/content/docs/OFDI18092026.xlsx), both under Automatic Route and the Approval Route, for the month of August 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1145 Disclaimer: Curated by HT Syndication....


NHRC, India takes suo motu cognizance of the reported death of two workers in a septic tank in Muzaffarpur district, Bihar

India, Sept. 16 -- The Government of India has issued a release: The National Human Rights Commission (NHRC), India has taken suo motu cognizance of a media report that two workers died due to asphyxiation inside a septic tank in Muzaffarpur, Bihar. Reportedly, the incident occurred in the area of Sikandarpur Police Station on 14th September, 2026. The Commission has observed that the contents of the media report, if true, raise serious issues of violation of human rights. Therefore, it has is...


PM Vishwakarma: Strengthening Traditional Artisans and Craftspeople

India, Sept. 16 -- The Government of India has issued a release: As PM Vishwakarma approaches three years, its registration target of 30 lakh beneficiaries has been achieved. The scheme has also delivered skill training, toolkits, credit support, digital incentives and market linkages. Beneficiaries are also being onboarded on the Udyam Assist Platform and connected with wider market channels, including GeM, e-commerce platforms, trade fairs and exhibitions. The scheme is built around Samman, S...


PMAY-U: The Story of Housing, Inclusion and Empowerment

India, Sept. 16 -- The Government of India has issued a release: PMAY-U is a flagship urban housing mission aimed at ensuring Housing for All in urban areas. It provides pucca houses with basic civic amenities to eligible urban households across the country. The Mission primarily targets EWS, LIG, MIG families and slum dwellers in cities and towns. Implementation experience under PMAY-U led to the launch of a restructured PMAY-U 2.0 in 2024. Strong emphasis is placed on inclusivity, with benefi...


Care That Goes Beyond the Prescription

India, Sept. 16 -- The Government of India has issued a release: PMBJP: Taking Affordable Medicines Closer to People Pradhan Mantri Bhartiya Janaushadhi Pariyojana provides quality-assured generic medicines at significantly lower prices. This is enabled through an expanding network of dedicated Jan Aushadhi Kendras (JAKs) across the country. The initiative strengthens the affordability and access to generic pharmaceuticals. The product basket under the Pradhan Mantri Bhartiya Janaushadhi Pari...


Shri Rajiv Gauba Calls Electric Mobility a "Strategic Imperative" for Viksit Bharat as NITI Aayog Launches Second Edition of India Electric Mobility Index

India, Sept. 16 -- The Government of India has issued a release: Shri Rajiv Gauba, in his address at the NITI Aayog Workshop on State EV Policies, where the second edition of the India Electric Mobility Index (IEMI) report was launched, highlighted that the global transition to electric mobility is well underway. In 2025, he noted, electric cars accounted for around one-tenth of new car sales in the US, more than a quarter in the EU, and over half in China and that these shares are expected to...


NITI Aayog Launches Ninth Edition of "Trade Watch Quarterly"

India, Sept. 16 -- The Government of India has issued a release: Shri Ashok Kumar Lahiri, Vice-Chairman, NITI Aayog, released the latest edition of the "Trade Watch Quarterly" publication for Quarter 1 of FY27 (Apr-Jun 2026) on 16th September 2026, in New Delhi alongwith CEO and other senior officials of NITI Aayog. The latest edition of Trade Watch Quarterly provides a comprehensive assessment of global and domestic trade trends amid heightened geopolitical and trade policy uncertainties, eve...