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The Reserve Bank of India has scheduled an underwriting auction for Rs 32,000 crore worth of government securities on May 15, 2026. The auction includes two securities: the 6.36% GS 2031 for Rs 21,000…
Maharashtra Chief Minister Devendra Fadnavis reached Vidhan Bhavan on a motorbike for the MLC oath-taking ceremony, following PM Narendra Modi's appeal to reduce fuel consumption. Fadnavis stated that…
The Reserve Bank of India has cancelled the licence of Sarvodaya Co-operative Bank Ltd. in Mumbai due to inadequate capital and poor earning prospects. The bank ceased banking operations from May 12,…
Telangana Police DGP CV Anand announced stringent measures to maintain peace during Bakrid, including 203 check posts and strict enforcement of animal protection laws. Officials were directed to preve…
RBI Governor Sanjay Malhotra has warned that the government may soon increase fuel prices if the West Asia crisis continues, as it has already absorbed a significant burden for 75 days. He noted that…
Morgan Stanley projects India's real GDP growth at 6.7% in FY27 and 7% in FY28, with growth troughing at 6.5% in Q2 2026 due to geopolitical tensions and high oil prices. The report expects the RBI to…
India's FY27 CPI inflation is projected to average 4.8-4.9%, according to Elara Capital. The RBI is expected to maintain its current pause on interest rates unless headline inflation durably reaches 6…
The Reserve Bank of India has cancelled the licence of Sarvodaya Co-operative Bank Ltd., Mumbai, effective May 12, 2026, due to inadequate capital and poor earning prospects. The bank has been ordered…
The Indian Cyber Crime Coordination Centre (I4C) has signed an MoU with the Reserve Bank Innovation Hub (RBIH) to deploy AI for detecting mule accounts and tackling cyber fraud. The collaboration will…
The Union Home Ministry's Indian Cyber Crime Coordination Centre (I4C) and the Reserve Bank Innovation Hub (RBIH) have signed an MoU to combat cyber-enabled financial frauds. The collaboration focuses…
The MHA's I4C wing signed an MoU with RBIH to strengthen AI-driven detection of mule accounts and cyber financial frauds. The collaboration involves sharing data from I4C's suspect registry to enhance…
Israel's Foreign Minister Gideon Sa'ar strongly rejected EU sanctions on Israeli citizens and entities, calling them arbitrary and politically motivated. He condemned the EU's comparison between Israe…
