MUMBAI, India, May 22 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released the May 2026 issue of its monthly Bulletin. The Bulletin includes five speeches, one article and current statistics. The article is on the State of the Economy. State of the Economy The global economy continued to be shadowed by uncertainties in West Asia. Domestic economic activity exhibited resilience in April, with industrial and services sectors maintaining strength across ...
MUMBAI, India, May 22 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated May 20, 2026, imposed a monetary penalty of ₹10.10 lakh (Rupees Ten Lakh Ten Thousand only) on City Union Bank Limited (the bank) for non-compliance with certain provisions of directions issued by RBI on 'Priority Sector Loan accounts' and 'Reporting of Self Help Group (SHG) member level data to Credit Information Companies (CICs)'. This penalty has bee...
MUMBAI, India, May 22 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated May 15, 2026, imposed a monetary penalty of ₹3.10 lakh (Rupees Three Lakh Ten Thousand only) on Mintifi Finserve Private Limited (the company) for non-compliance with certain provisions of directions issued by RBI on 'Know Your Customer (KYC)'. This penalty has been imposed in exercise of powers conferred on RBI under section 58G(1)(b) read with section...
India, May 21 -- One of India's widest currency portfolios on a prepaid forex card Reinforces focus on secure, seamless and digital-first payments for global travel Mumbai, May 20, 2026: As Indian travellers become increasingly global and digitally adept, expectations around overseas payments are evolving rapidly. Convenience, security and speed have become central considerations, particularly amid shorter booking cycles and a growing preference for cash‑light travel. Today's global India...
India, May 21 -- New Delhi: The Indian Phytopathological Society (IPS), a leading national body in plant pathology and agricultural sciences, has instituted the prestigious "Prof. L. V. Gangawane Young Scientist Award and Oration", a national platform to recognise and encourage outstanding young agricultural scientists. The new award commemorates Prof. L. V. Gangawane (1944-2018), an eminent Indian plant pathologist, soil microbiologist and former IPS President, celebrated for his steadfast comm...
India, May 21 -- A new analysis argues the mandate's intent is sound - but the financial infrastructure to support it does not yet exist for most of the industrial chain. A phased, data-led supply chain finance architecture is proposed as the path forward.AHMEDABAD, May 16 -India's 45-day payment mandate for MSME suppliers, which came into force in April 2024 under Section 43B(h) of the Income Tax Act, has brought into sharp relief a structural working capital crisis running through the country'...
IMPHAL, India, May 21 -- Manipur High Court issued the following order on April 20: Mr. Mayonkui Ngalung, learned counsel representing the advocate on record appeared on behalf of the petitioner and seeks adjournment of these cases citing personal inconvenience on the part of the conducting counsel. On the request made by the learned counsel, list these cases again on 22-06-2026. Earlier interim order shall continue till the next date. Disclaimer: Curated by HT Syndication....
IMPHAL, India, May 21 -- Manipur High Court issued the following order on April 20: Mr. Mayonkui Ngalung, learned counsel representing the Advocate on record appeared for the petitioner and seeks adjournment of this case citing personal inconvenience on the part of the conducting counsel. On the request made by the learned counsel, list this case again on 27-07-2026. Disclaimer: Curated by HT Syndication....
IMPHAL, India, May 21 -- Manipur High Court issued the following order on April 20: Ms. W. Geetarani, learned counsel and Joint Secretary, High Court Bar Association, Manipur appearing on behalf of the petitioner, submits that the mater may be listed on some other day due to personal inconvenience of the learned counsel for the petitioner. Mr. Th. Vashum, learned G .A. appearing on behalf of the State respondent, has no objection. List this case on 06.05.2026. Earlier interim order is ext...
IMPHAL, India, May 21 -- Manipur High Court issued the following order on April 20: Ms. W. Geetarani, learned counsel and Joint Secretary, High Court Bar Association, Manipur appearing on behalf of the petitioner, submits that the mater may be listed on some other day due to personal inconvenience of the learned counsel for the petitioner. Mr. Th. Vashum, learned G .A. appearing on behalf of the State respondent, has no objection. List this case on 22.04.2026. Earlier interim order is ext...