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The Reserve Bank of India has passed a compounding order in the FEMA case against Metrocorp Infrastructure Limited, terminating adjudication proceedings. The order followed a "No Objection" from the E…
The Reserve Bank of India has issued new prudential norms capping dividend payouts for most banks at a maximum of 75% of Profit After Tax. These rules, effective from the 2026-27 financial year, requi…
Multiple Indian states collectively raised Rs 45,960 crore through a State Government Securities (SGS) auction conducted by the Reserve Bank of India. Karnataka emerged as the largest borrower, securi…
The Reserve Bank of India has launched the sixth Digital Payment Awareness Week in Ahmedabad with a women-centric outreach program. The campaign, themed "Thoda Dhyaan Se," emphasizes basic safety prac…
The Reserve Bank of India injected Rs 50,000 crore into the banking system through an Open Market Operation purchase of government securities. The operation involved buying bonds with various maturity…
The Reserve Bank of India will conduct an auction for State Government Securities on March 10, 2026, facilitating a total borrowing of Rs 45,960 crore for multiple states and union territories. Karnat…
The Reserve Bank of India will conduct Open Market Operation purchase auctions totaling Rs 1 lakh crore in two equal tranches on March 9 and 13, 2026. The first auction on March 9 will involve purchas…
The Reserve Bank of India has issued a draft framework to limit customer liability in digital transaction frauds. The proposal includes compensating victims with up to 85% of the loss or Rs 25,000, wh…
An Indian Air Force Su-30MKI fighter jet crashed during a training sortie in Assam's Karbi Anglong district, resulting in the tragic loss of both pilots on board. The deceased have been identified as…
Two Indian Air Force pilots were killed when their Su-30MKI fighter jet crashed during a training mission in Assam's Karbi Anglong district. The aircraft lost radar contact shortly after taking off fr…
An Indian Air Force Su-30MKI fighter jet crashed in the Karbi Anglong district of Assam, approximately 60 km from Jorhat. Local residents reported hearing a loud noise and explosion as the aircraft ca…
The ceramic industry in Morbi, Gujarat, is facing a severe shortage of natural gas as the conflict in West Asia disrupts supply routes from Gulf Cooperation Council countries. Industry association pre…
