India, Dec. 29 -- The Government of India has issued a release: IndiaAI Mission, Ministry of Electronics and Information Technology (MeitY) briefed the media in New Delhi today on the vision, thematic structure, and progress of the India AI Impact Summit 2026. The press conference was chaired by Shri S. Krishnan, Secretary, MeitY and was attended by Shri Abhishek Singh, Additional Secretary, MeitY, CEO, IndiaAI and DG, NIC; Shri Akhil Kumar, MD and CEO, Digital India Corporation; Shri Amitesh K...
India, Dec. 29 -- The Government of India has issued a release: Ahead of New Year, Union Minister of State (Independent Charge) for Science & Technology, Earth Sciences and Minister of State in the PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh today inaugurate the new Secretariat complex of the Biotechnology Research and Innovation Council (BRIC), describing it as a key milestone for the future bioeconomy of India. The BRIC Secretariat office complex ...
India, Dec. 29 -- The Government of India has issued a release: Union Home Minister and Minister of Cooperation Shri Amit Shah today inaugurated the Jyoti-BishnuInternational Art Centre in Guwahati, Assam. He also inaugurated the newly constructed Police Commissioner's Office building, the Command and Control Centre, and a state-level exhibition on the three new criminal laws. On this occasion, Assam Chief Minister Dr. Himanta Biswa Sarma, Union Minister Shri Sarbananda Sonowal, and several oth...
India, Dec. 29 -- The Government of India has issued a release: The Defence Acquisition Council (DAC), chaired by Raksha Mantri Shri Rajnath Singh, has accorded Acceptance of Necessity (AoN) for various proposals of the three Services amounting to a total of about Rs 79,000 crore. During the meeting held on December 29, 2025, AoN was approved for the procurement of Loiter Munition System for Artillery Regiments, Low Level Light Weight Radars, Long Range Guided Rocket Ammunition for Pinaka ...
MUMBAI, India, Dec. 31 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has been regularly conducting Rural Consumer Confidence Survey (RCCS). The January 2026 round of the survey is being launched. The survey collects current perceptions and one year ahead expectations of households on general economic situation, employment scenario, overall price situation, own income and spending from the households residing in the rural and semi-urban areas across 31 st...
MUMBAI, India, Dec. 31 -- 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) 6,46,309.45 5.34 2.00-6.50 I. Call Money 14,769.98 5.48 4.50-5.62 II. Triparty Repo 4,51,287.55 5.29 5.11-5.65 III. Market Repo 1,76,918.62 5.44 2.00-5.75 IV. Repo in Corporate Bond 3,333.30 5.54 5.45-6.50 B. Term Segment I. Notice Money** 543.70 5.54...
MUMBAI, India, Dec. 31 -- 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, December 31, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 1 10:15 AM to 10:45 AM January 01, 2026 (Thursday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release...
MUMBAI, India, Dec. 31 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 30,770 Amount allotted (in ₹ crore) 30,770 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1804 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Dec. 31 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 13-DEC-2024# 28-NOV-2025 15-DEC-2025 13-DEC-2024# 28-NOV-2025 15-DEC-2025 I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 310793.89 322855.52 308549.36 315564.52 330192.04 315719.18** b) Borrowings from banks 131991.65 78658.89 83821.58 132026.65 78790.89 83903.92 c) Other ...
MUMBAI, India, Dec. 31 -- Reserve Bank of India issued the following press release: The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Bhavani Sahakari Bank Ltd., Mumbai vide Directive No. CO.DOS.SED.No.S2770/12-22-023/2025-2026 dated July 03, 2025 for a period of six months up to the close of business on January 04, 2026. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further exte...