India, Jan. 5 -- INDIAN ARMY has issued a tender notice titled "Procurement of Fixed Wing Training Uav with Electronics, Qty: 3" with the tender reference no.: GEM/2026/B/7069342. The tender details are as follows: Procurement of Fixed Wing training UAV with electronics The expression of interest should be received by Jan. 14. For more information, contact INDIAN ARMY, Ministry Of Defence Ministry of Defence|Department of Military Affairs Lucknow, addlceo@gem.gov.in. Disclaimer: Curated by...
India, Jan. 5 -- The Government of India has issued a release: Union Minister Shri Nitin Gadkari held a review meeting with the officials of the Central and State Governments on Monday at Bharat Mandapam in New Delhi regarding the National Highway project worth crores of rupees being carried out in Madhya Pradesh and Uttarakhand. Union Minister Shri Nitin Gadkari held a review meeting in Madhya Pradesh regarding 45 ongoing national highway projects totaling 1,832 km in length, costing Rs. 29,...
India, Jan. 5 -- The Government of India has issued a release: Union Agriculture and Farmers Welfare Minister Shri Shivraj Singh Chouhan said in Erode, Tamil Nadu on Monday that the Vikasit Bharat - Ji Ram Ji Act is an important step towards building self-reliant villages. While interacting with workers and laborers in Erode, the Union Minister explained the various provisions of this ambitious scheme. He said that this Act is a concrete initiative towards creating employment, expanding infrast...
MUMBAI, India, Jan. 6 -- 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 Wednesday, January 07, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 2 9:30 AM to 10:00 AM January 09, 2026 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 20...
MUMBAI, India, Jan. 6 -- Reserve Bank of India issued the following press release: The Reserve Bank had undertaken a review of the extant guidelines on the prudential norms on declaration of dividend and remittance of profits by foreign banks operating in branch mode in India. Accordingly, a draft of the revised framework was issued for public comments on January 2, 2024. However, based on the stakeholder feedback and consultations, the following draft Directions proposing a new methodology for...
MUMBAI, India, Jan. 6 -- Reserve Bank of India issued the following press release: The Reserve Bank of India had issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Shirpur Merchants' Co-operative Bank Ltd., Shirpur, Maharashtra, vide Directive No. CO.DOS.SED. No. S175/45-11-001/2024-2025 dated April 05, 2024, for a period of six months up to the close of business on October 08, 2024, as modified from time to time, which were last extended up to t...
MUMBAI, India, Jan. 6 -- Reserve Bank of India issued the following press release: As announced vide the Press Release 2025-26/1759 dated December 23, 2025,the Reserve Bank will be conducting OMO purchase for an aggregate amount of ₹50,000 crore on January 12, 2026. 2. Accordingly, the Reserve Bank will purchase the following Government securities through a multi-security auction using the multiple price method: S. No. ISIN Security Date of Maturity Aggregate Amount 1 IN0020240050 7.04...
MUMBAI, India, Jan. 6 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has released Supervisory Data Quality Index (sDQI) for SCBs for September 2025. It measures data quality in terms of the Accuracy, Timeliness, Completeness and Consistency in the submission of returns. The objective of sDQI is to assess the adherence to the principles enunciated in the Master Direction on Filing of Supervisory Returns 2024. (Brij Raj) Chief General Manager Press...
MUMBAI, India, Jan. 6 -- Reserve Bank of India issued the following press release: Sr. No. State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenor (Year) 1. Andhra Pradesh 1000 1000 7.53 10 1000 1000 7.64 14 1000 1000 7.61 16 1000 1000 7.60 18 1000 1000 7.60 19 1500 1500 7.59 21 2. Assam 1000 1000 7.57 10 3. Chhattisgarh 1000 1000 7.50 09 1000 1000 7.59 20 4. Jammu and Kashmir 600 600 7.67 12 5. Karnataka 2000 2000 7.16 05 year ...
MUMBAI, India, Jan. 6 -- 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) 6,70,938.38 5.21 1.99-6.40 I. Call Money 18,787.42 5.40 4.50-5.50 II. Triparty Repo 4,51,651.35 5.15 4.50-5.26 III. Market Repo 1,97,591.86 5.32 1.99-5.65 IV. Repo in Corporate Bond 2,907.75 5.48 5.45-6.40 B. Term Segment I. Notice Money** 145.80 5.34 ...