RBI TO CONDUCT 4-DAY VARIABLE RATE REPO (VRR) AUCTION UNDER LAF ON APRIL 30, 2026

MUMBAI, India, April 30 -- 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 Thursday, April 30, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 4 10:15 AM to 10:45 AM May 04, 2026 (Monday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021...


MONEY MARKET OPERATIONS AS ON APRIL 29, 2026

MUMBAI, India, April 30 -- 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) 7,24,394.18 5.08 4.00-6.25 I. Call Money 22,935.99 5.16 4.50-5.27 II. Triparty Repo 5,20,850.20 5.08 5.01-5.33 III. Market Repo 1,75,000.94 5.05 4.00-5.35 IV. Repo in Corporate Bond 5,607.05 5.17 5.10-6.25 B. Term Segment I. Notice Money** 173.00 5.0...


India's Defence Forces Have a Uniform Problem. Uniformer Is Solving It.

India, April 29 -- Kanpur, April 2026 - Uniformer, India's institutional uniform brand under Mahavir Spinfab Pvt. Ltd., marks one year of its landmark Memorandum of Understanding (MOU) with the Indian Coast Guard - and is signalling its next chapter of growth. In the very first month of the MOU signed in April 2025, Uniformer delivered 3,000 uniforms on time and to specification. A year later, the brand has several more MOUs in active process across the defence, police and paramilitary spac...


Prime Minister Shri Narendra Modi shares glimpses from the Mahila Sammelan in Varanasi, Uttar Pradesh 

India, April 28 -- The Government of India has issued a release: Prime Minister Shri Narendra Modi today shared glimpses from the Mahila Sammelan in Varanasi, emphasising the government's unwavering commitment to women's empowerment, the inspiring participation of Nari Shakti, and the continuous development of Kashi. In a series of posts on X, the Prime Minister wrote: "वाराणसी के महिला सम्&#...


NHRC, India asks 21 states and NCT-Delhi to take advance action to protect the lives of the vulnerable population from heat waves

India, April 28 -- The Government of India has issued a release: The National Human Rights Commission (NHRC), India has asked the 21 states and NCT-Delhi to take advance action and implement relief measures to protect the vulnerable population during heat waves in the country. The states are Andhra Pradesh, Assam, Bihar, Chhattisgarh, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Sikkim, Tamil Nadu, Telangana, Tripura, ...


NHRC, India takes suo motu cognizance of the reported explosion causing fire at a chemical factory leaving 16 workers injured in Bharuch district, Gujarat

India, April 28 -- The Government of India has issued a release: The National Human Rights Commission (NHRC), India has taken suo motu cognizance of a media report about an explosion that caused a fire at a chemical factory, leaving at least 16 workers injured on 23rd April 2026. The factory is located in the Jhagadia GIDC industrial estate of Bharuch district, Gujarat. Reportedly, preliminary inquiry indicated technical or chemical factors behind the incident. The Commission has observed that...


CCI approves proposed merger of A1 Agri Global, B.N. Agritech and Salasar Balaji Overseas Pvt Ltd. into BN Agrochem Ltd.

India, April 28 -- The Government of India has issued a release: The Competition Commission of India (CCI) has approved the proposed merger of A1 Agri Global Limited, B.N. Agritech Limited and Salasar Balaji Overseas Pvt Ltd. into BN Agrochem Limited. The proposed combination, inter alia, relates to the proposed merger of A1 Agri Global Limited (Agri), B.N. Agritech Limited (BNA) and Salasar Balaji Overseas Private Limited (Salasar) into BN Agrochem Limited (BNAC), which will be the only survi...


CCI approves acquisition of certain equity share capital of Avendus Capital Pvt Ltd. by Mizuho Securities Co. Ltd. on a fully diluted basis

India, April 28 -- The Government of India has issued a release: The Competition Commission of India (CCI) has approved the acquisition of certain equity share capital of Avendus Capital Private Ltd. by Mizuho Securities Co. Ltd. on a fully diluted basis. The proposed combination relates to the acquisition of certain equity share capital of Avendus Capital Private Limited (ACPL) by Mizuho Securities Co., Ltd. (Mizuho Securities) on a fully diluted basis. Mizuho Securities belongs to the Mizuh...


CCI approves proposed acquisition by MAIF 4 Investments India 2 Pte. Ltd. of 42.5% equity share capital of Maple IM, 40%  equity share capital of Maple PM and up to 37.5% of units of Maple Trust

India, April 28 -- The Government of India has issued a release: The Competition Commission of India (CCI) has approved the proposed acquisition by MAIF 4 Investments India 2 Pte. Ltd. of 42.5% of the equity share capital of Maple IM, 40.0% of the equity share capital of Maple PM and up to 37.5% of the units of Maple Trust. The proposed combination entails the acquisition by MAIF 4 Investments India 2 Pte. Ltd. (MAIF 4 India 2/Acquirer) of the following: (The IM Transaction, PM Transaction an...


Manufacturing Hubs: Building Integrated Industrial Ecosystems

India, April 28 -- The Government of India has issued a release: Key Takeaways A Global Value Chain (GVC) consists of a series of stages involved in producing goods or services, with each stage adding value and at least two stages occurring in different countries. Large Integrated Manufacturing Hubs Plug-and-play Infrastructure: Ready-to-use facilities that minimize setup time and costs, enabling industries to operationalize quickly and achieve faster returns on investment. Sector-Specific ...