MUMBAI, India, Aug. 14 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 14, 2026, imposed a monetary penalty of ₹2.70 lakh (Rupees Two Lakh Seventy Thousand only) on Fusion Finance Limited (the company) for non-compliance with certain provisions of 'Reserve Bank of India (Know Your Customer (KYC)) Directions' issued by RBI. This penalty has been imposed in exercise of powers conferred on RBI under Section 58G(1)(b) ...
MUMBAI, India, Aug. 14 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 14, 2026, imposed a monetary penalty of ₹59.20 lakh (Rupees Fifty-Nine lakh twenty thousand only) on IndusInd Bank Limited (the bank) for non-compliance with certain provisions of directions issued by RBI on 'Interest Rate on Deposits' and 'Securitisation of Standard Assets'. This penalty has been imposed in exercise of powers conferred on RBI u...
MUMBAI, India, Aug. 14 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated August 14, 2026, imposed a monetary penalty of ₹6.20 lakh (Rupees Six Lakh Twenty Thousand only) on Northern Arc Capital Limited (the company) for non-compliance with certain provisions of the directions issued by RBI on 'Disclosures in Financial Statements - Notes to Accounts' and on 'Internal Ombudsman for Regulated Entities'. This penalty has been i...
India, Aug. 12 -- The Government of India has issued a release: State/UT 2021-22 2022-23 2023-24 2024-25 2025-26 Andaman And Nicobar Islands 613 310 648 909 30 Andhra Pradesh 13,199 5,798 32,449 35,471 3,094 Arunachal Pradesh 8,884 667 4,152 10,054 125 Assam 24,517 8,721 38,190 75,182 5,902 Bihar 47,643 12,213 23,613 99,982 4,451 Chandigarh 893 491 319 628 148 Chhattisgarh 9,495 4,356 8,385 16,452 490 Delhi 19,965 2,262 10,686 12,277 2,769 G...
India, Aug. 12 -- The Government of India has issued a release: The skill development programmes of the Government are designed and implemented to bridge the identified skill gaps across the emerging technology sectors. To align the training programs as per the market needs, 36 Sector Skill Councils (SSCs), led by industry leaders in the respective sectors, have been set up which are mandated to identify the skill development needs of respective sectors as well as to determine skill competency ...
India, Aug. 12 -- The Government of India has issued a release: The Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with the National Skill Development Corporation (NSDC), has announced the Skills Outcomes Fund (SOF) which is designed as an innovative, results-driven public-private blended finance mechanism with a proposed corpus of Rs.530 Crore; out of which Rs.225 Crore are committed by the Ministry and Rs.305 Cr would be sourced from the private (Corporate Social ...
India, Aug. 12 -- The Government of India has issued a release: The Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 4.0 follows a demand-driven approach to skill development by aligning training programmes with the requirements of industry and emerging sectors. A key focus of the scheme is skilling in new-age and future-oriented technologies. Under PMKVY 4.0, over 600 courses have been introduced in areas such as Artificial Intelligence (AI), Drone Technology, 5G, Solar Energy, Additive Manufacturi...
India, Aug. 12 -- The Government of India has issued a release: State/UT PMKVY 4.0 Trained/ Oriented PMKVY 4.0 Certified CTS New Age Courses Enrolment (3 years) NAPS Apprentices Engaged (AI & ML) NAPS Apprentices Certified (AI & ML) Andaman And Nicobar Islands - - 105 - - Andhra Pradesh 2,363 1,205 5 11 0 Arunachal Pradesh 49 - 21 - - Assam 583 246 281 - - Bihar 2,352 1,676 1134 1 0 Chandigarh 50 48 116 4 0 Chhattisgarh - - 292 - - Delhi 144 23 ...
India, Aug. 12 -- The Government of India has issued a release: S.No. State/UT 2023-24 2024-25 2025-26 2026-27 Total Andaman And Nicobar Islands 0.03 0.05 0.03 0.01 0.12 Andhra Pradesh 11.35 18.32 21.97 7.57 59.21 Arunachal Pradesh 0.14 0.24 0.37 0.07 0.82 Assam 4.81 5.05 10.31 2.28 22.45 Bihar 15.59 24.48 26.74 9.03 75.84 Chandigarh 0.24 0.33 0.41 0.16 1.14 Chhattisgarh 2.8 3.87 4.45 1.49 12.61 Delhi 4.47 9.14 12.19 3.91 29.71 Goa 0.78 1...
India, Aug. 12 -- The Government of India has issued a release: The National Commission for Scheduled Castes (NCSC) submitted its Annual Report for 2024-25 to Hon'ble President of India, Smt. Droupadi Murmu at Rashtrapati Bhawan, in National Capital today. This is in line with the Constitutional mandate under Article 338 of the Constitution of India on the working of the Constitutional Safeguards for the Scheduled Castes which include recommendations for measures to be taken by the Union and t...