India, Sept. 11 -- The Government of India has issued a release: Drydocks World, a DP World company, and Cochin Shipyard Limited (CSL) today announced the signing of a joint venture agreement to operate and expand the International Ship Repair Facility (ISRF) Cochin. The agreement was signed by Captain Rado Antolovic, PhD, CEO, Drydocks World, and Mr. Jose V J, Chairman & Managing Director of Cochin Shipyard Ltd., on the sidelines of the BRICS Summit 2026 in New Delhi, in the presence of Sarba...
India, Sept. 14 -- The Government of India has issued a release: Women and Child Development Minister Smt . Annapurna Devi posted on her X handle and wrote ,​ " Hearty congratulations and best wishes to all Hindi lovers on ' Hindi Diwas ' . Hindi is a powerful expression of our cultural consciousness , national unity , and Indian identity . Let us all resolve to respect , promote , and promote the widespread use of the Hindi language . Disclaimer: The original story ...
India, Sept. 14 -- The Government of India has issued a release: The Ministry of Defence has been awarded the Rajbhasha Kirti Award for the year 2025-26 by the Department of Official Language , Ministry of Home Affairs , Government of India for its outstanding implementation in the field of Official Language Hindi . The Ministry of Defence has secured the first position in the category of Ministries / Departments with more than 300 personnel . This prestigious award was presented during the...
MUMBAI, India, Sept. 15 -- 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 Reverse Repo (VRRR) auction on Wednesday, September 16, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,50,000 1 09:30 AM to 10:00 AM September 17, 2026 (Thursday) 2. The operational guidelines for the auction as given in the Reserve Bank's Press ...
MUMBAI, India, Sept. 15 -- Reserve Bank of India issued the following press release: Preliminary data on India's balance of payments (BoP) for July 2026 are presented in the following table. Major Items of India's Balance of Payments (US$ billion) Item July 2025 PR July 2026 P April-July 2025 PR April-July 2026 P A. Current Account (Net) [A.1 to A.4] -3.2 -7.0 -6.6 -11.2 A.1 Merchandise (Net) [a-b] -28.2 -31.7 -97.1 -117.8 a. Exports 37.4 45.1 150.0 177.1 b. Imports 65.6 76.8 247.1 294.9 A.2 S...
MUMBAI, India, Sept. 15 -- 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. Arunachal Pradesh 600 600 7.94 20 2. Assam* 600 445.055 98.73/7.8460 Re-issue of 7.66% Assam SGS 2036, issued on June 17, 2026 700 - - 15 3. Bihar 1000 1000 97.50/7.9480 Re-issue of 7.66% Bihar SGS 2041, issued on July 22, 2026 1000 1000 97.10/8.0166 Re-issue of 7.71% Bihar S...
MUMBAI, India, Sept. 15 -- 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) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo...
MUMBAI, India, Sept. 15 -- 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) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo...
MUMBAI, India, Sept. 15 -- 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) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo...
MUMBAI, India, Sept. 15 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 05-Sep-2025# 15-Aug-2026 31-Aug-2026 05-Sep-2025# 15-Aug-2026 31-Aug-2026 I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 322323.47 483090.88 452672.26 329890.76 491331.41 460749.03** b) Borrowings from banks 96816.68 69825.01 76307.46 96885.30 69844.51 76457.30 c) Other d...