RBI IMPOSES MONETARY PENALTY ON THE BATHINDA CENTRAL CO-OPERATIVE BANK LTD., BATHINDA, PUNJAB

MUMBAI, India, June 3 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has imposed, by an order dated May 30, 2025, a monetary penalty of ₹3 lakh (Rupees Three Lakh only) on The Bathinda Central Co-operative Bank Ltd., Bathinda, Punjab (the bank) for contravention of provisions of Section 26A read with Section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers conferred on RBI under the provision...


RESULT OF YIELD/PRICE BASED AUCTION OF STATE GOVERNMENT SECURITIES

MUMBAI, India, June 3 -- Reserve Bank of India issued the following press release: Sr. No. State Notified Amount (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenor (Year) 1. Andhra Pradesh 1000 1000 6.61 09 1500 1500 6.82 11 1500 1500 6.78 12 1500 1500 6.84 13 1500 1500 6.84 14 2. Chhattisgarh 500 500 103.10/6.1318 Re-issue of 7.08% Chhattisgarh SDL 2029, issued on February 24, 2021 500 500 103.19/6.1397 Re-issue of 7.00% Chhattisgarh SGS 2029, issued o...


PRESIDENT OF INDIA MURMUR HOSTS PRESIDENT OF PARAGUAY PALACIOS

India, June 2 -- The Government of India issued the following news release: The President of India, Smt Droupadi Murmu received H.E. Mr Santiago Pena Palacios, President of the Republic of Paraguay at Rashtrapati Bhavan today (June 2, 2025). She also hosted a banquet in his honour. Welcoming President Pena on his first State visit to India, the President said that relations between India and Paraguay have been cordial and friendly. The two countries believe in the same principles and values - ...


NHRC, INDIA TAKES SUO MOTU COGNIZANCE OF THE REPORTED PROTEST BY PEOPLE OVER THE PROPOSED CONSTRUCTION OF A DAM, APPREHENDING THEIR DISPLACEMENT AND ADVERSE IMPACT ON LIVELIHOOD AND ECOLOGY IN SIANG DISTRICT, ARUNACHAL PRADESH

India, June 2 -- The Government of India issued the following news release: The National Human Rights Commission (NHRC), India has taken suo motu cognizance of a media report that the residents are opposing the proposed construction of a dam, apprehending that it may result in the displacement of several people and adversely impact livelihood and ecology in the Siang district, Arunachal Pradesh. Reportedly, to deal with the situation, the government has deployed central armed forces in various ...


NHRC, INDIA TAKES SUO MOTU COGNIZANCE OF THE REPORTED DEATH OF A MINOR VICTIM OF RAPE AND BRUTAL PHYSICAL ASSAULT DUE TO ALLEGED DELAYED TREATMENT AT PMCH, BIHAR

India, June 2 -- The Government of India issued the following news release: The National Human Rights Commission (NHRC), India has taken suo motu cognizance of a media report that on 1st June, 2025, a nine-year-old girl victim of rape and brutal physical assault died at the Patna Medical College and Hospital (PMCH), Bihar amid allegations that she was left waiting in an ambulance for several hours before getting a bed to start her treatment. She was victimized in Muzaffarpur district of the sta...


INDIA AND JAPAN AGREES TO DEEPEN MARITIME RELATIONS

India, June 2 -- The Government of India issued the following news release: Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal held a bilateral meeting with His Excellency, Terada Yoshimichi, Japan's Vice Minister for International Affairs, and the Ministry of Land, Infrastructure, Transport & Tourism (MLITT) in Oslo today. With a goal to deepen the maritime relations between the two countries, the meeting entailed discussions on multiple areas including investment by Japane...


UNION MINISTER SINGH LAUNCHES 'BHARAT GEN' - INDIA' S FIRST OF ITS KIND INDIGENOUSLY DEVELOPED GOVERNMENT FUNDED AI BASED MULTIMODAL LLM FOR INDIAN LANGUAGES AT BHARATGEN SUMMIT

India, June 2 -- The Government of India issued the following news release: Union Minister of State (Independent Charge) for Science & Technology, Dr. Jitendra Singh, today launched 'Bharat Gen', India's first-of-its-kind, indigenously developed, Artificial Intelligence (AI) based, government-funded, Multimodal Large Language Model (LLM) for Indian languages, at the prestigious "BharatGen Summit"-India's largest Generative Artificial Intelligence (AI) and LLM summit and hackathon. Developed un...


TDB SUPPORTS INDIGENOUS MANUFACTURING OF COMPLEX PHARMACEUTICAL EXCIPIENTS BY M/S NITIKA PHARMACEUTICAL SPECIALTIES PVT. LTD., NAGPUR, MAHARASHTRA

India, June 2 -- The Government of India issued the following news release: In its continued endeavour to bolster India's pharmaceutical manufacturing ecosystem and reduce dependency on imports, the Technology Development Board (TDB), Department of Science and Technology (DST), has extended financial support to M/s Nitika Pharmaceutical Specialties Private Limited, Nagpur, for their project titled "Manufacture of Complex Excipients." Excipients, though pharmacologically inactive, are critical ...


JNARDDC HOST SPECIAL INTERACTIVE MEET WITH NON-FERROUS RECYCLING STAKEHOLDERS IN HYDERABAD

India, June 2 -- The Government of India issued the following news release: In a significant step towards strengthening India's recycling ecosystem the Recycling Promotion Division of Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC) organized a focused interactive meet with non-ferrous recycling stakeholders and traders in Hyderabad. The workshop aimed to engage directly with non-ferrous recycling stakeholders, including recyclers, traders, service providers to under...


GOVERNMENT NOTIFIESGUIDELINES FOR SCHEME TO PROMOTE MANUFACTURING OF ELECTRIC PASSENGER CARS IN INDIA

India, June 2 -- The Government of India issued the following news release: The Government of India, under the visionary leadership of Hon'ble Prime Minister Shri Narendra Modi, has approved a forward-looking scheme to promote the domestic manufacture of passenger cars, with a special focus on electric vehicles (EVs). This landmark initiative is aligned with India's national goals of achieving net zero by 2070, fostering sustainable mobility, driving economic growth, and reducing environmental ...