India, Aug. 3 -- The Government of India has issued a release: Union Minister of Women and Child Development, Smt. Annpurna Devi has hailed the stellar performance of India's women athletes at the Glasgow Commonwealth Games 2026, where Nari Shakti powered Team India's golden campaign by winning 8 of India's 13 Gold medals across Boxing, Weightlifting, Judo and Para Athletics. In a post on 'X' the Union Minister said that five Indian women boxers clinched Gold, showcasing India's growing domina...
India, Aug. 3 -- The Government of India has issued a release: Union Minister of Youth Affairs & Sports Dr. Mansukh Mandaviya, on Monday, felicitated India's Commonwealth Games 2026 weightlifting medallists, lauding their historic performances in Glasgow. Indian weightlifters competed in 11 weight categories and returned with eight medals - one gold, six silver and one bronze. The Indian contingent registered multiple Commonwealth Games and Commonwealth records, while several athletes also achi...
India, Aug. 3 -- The Government of India has issued a release: Samudra Manthan marks a decisive step in India's journey towards energy security and self-reliance. With a Phase-I outlay of Rs.84,084 crore up to FY 2030-31, the scheme is designed to unlock India's vast offshore hydrocarbon potential. It focuses on accelerating exploration, deploying modern technology, creating shared infrastructure, and strengthening domestic manufacturing. It aims to add over 600 MMTOE of hydrocarbon reserves, r...
MUMBAI, India, Aug. 5 -- Reserve Bank of India issued the following press release: Monetary Policy Decisions The Monetary Policy Committee (MPC) held its 62nd meeting from August 3 to 5, 2026, under the chairmanship of Shri Sanjay Malhotra, Governor, Reserve Bank of India. The MPC members Dr. Nagesh Kumar, Shri Saugata Bhattacharya, Prof. Ram Singh, Dr. Poonam Gupta and Shri Indranil Bhattacharyya attended the meeting. 2. After a detailed assessment of the evolving macroeconomic and financial...
MUMBAI, India, Aug. 5 -- Reserve Bank of India issued the following press release: Good morning and Namaskar. 2. The West Asia conflict continues to challenge the global economy by disrupting key trade routes and supply chains, amplifying market volatility and depressing business sentiments. Trade uncertainty lingers as US imposed fresh tariffs. The global economic environment has become increasingly unstable. Global growth is projected to soften while inflation forecast is higher for 2026 vis...
MUMBAI, India, Aug. 5 -- Reserve Bank of India issued the following press release: This Statement sets out various developmental and regulatory policy measures relating to regulations: 1. Draft guidelines for licensing of Urban Co-operative Banks (UCBs) A discussion paper on Licensing of UCBs was published for stakeholder feedback on January 13, 2026 following a two decade pause on issuance of fresh licenses. On an analysis of the feedback, it has been decided to resume licensing of UCBs on '...
MUMBAI, India, Aug. 5 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released on its website the results of the following Surveys: * Urban Consumer Confidence Survey (UCCS) - July 2026 * Inflation Expectations Survey of Households (IESH) - July 2026 * Rural Consumer Confidence Survey (RCCS) - July 2026 * Survey of Professional Forecasters on Macroeconomic Indicators - Results of the 101st Round1 * Order Books, Inventories and Capacity...
MUMBAI, India, Aug. 5 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of June 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/815 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Aug. 5 -- Reserve Bank of India issued the following press release: Reserve Bank has today published draft guidelines for 'on tap' licensing of Urban Co-operative Banks for stakeholder consultation. Comments are invited from public / stakeholders till September 05, 2026. Comments may be submitted through the link under the 'Connect 2 Regulate' section available on the Reserve Bank's website. Alternatively, comments/feedback may also be forwarded to: The Chief General Manager Re...
MUMBAI, India, Aug. 5 -- Reserve Bank of India issued the following press release: On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Thursday, August 06, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,50,000 4 09:30 AM to 10:00 AM August 10, 2026 (Monday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press Release...