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RBI Imposes Rs 50,000 Penalty on Salem Urban Co-operative Bank for Regulatory Non-Compliance

India, Dec. 29 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 50,000 on The Salem Urban Co-operative Bank Limited, Tamil Nadu, for non-compliance with RBI directions on the 'F... Read More


RBI imposes Rs 1 lakh penalty on Warangal District Co-operative Central Bank

India, Dec. 29 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 lakh on The District Co-operative Central Bank Ltd., Warangal, Telangana, for contravention of the provisions o... Read More


RBI Imposes Rs 2.10 Lakh Penalty on Kolhapur District Central Co-operative Bank

India, Dec. 29 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 2.10 lakh on Kolhapur District Central Co-operative Bank Ltd., Kolhapur, Maharashtra, for contravention of the pr... Read More


RBI Imposes Rs 2.40 Lakh Penalty on Valuecorp Securities & Finance for Regulatory Lapses

India, Dec. 29 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 2.40 lakh on Valuecorp Securities & Finance Limited for non-compliance with certain regulatory directions related... Read More


IIP growth hits two-year high of 6.7% in November on strong manufacturing

India, Dec. 29 -- India's industrial production expanded at a two-year high of 6.7 per cent in November, supported by a robust performance in the manufacturing and mining sectors, according to officia... Read More


Rabi Crop Area Edges Up; Wheat Sowing Remains Flat: Government Data

India, Dec. 29 -- Wheat sowing has remained largely flat at 32.26 million hectares in the ongoing 2024–25 rabi season, while the area under pulses and oilseeds has increased marginally compared ... Read More


India to Chair Kimberley Process from January 1, 2026

India, Dec. 26 -- India has been selected to assume the chairpersonship of the Kimberley Process (KP) from January 1, 2026, following a decision by the KP Plenary. India will first take over as Vice C... Read More


CCPA Fines Vision IAS Rs 11 Lakh for Misleading UPSC Result Claims

India, Dec. 26 -- The Central Consumer Protection Authority (CCPA) has imposed a Rs 11 lakh penalty on Vision IAS (AjayVision Education Private Limited) for publishing misleading advertisements relate... Read More


NIFTEM-K partners Ministry of Minority Affairs to Roll Out PM VIKAS Scheme

India, Dec. 26 -- National Institute of Food Technology Entrepreneurship and Management Kundli (NIFTEM-K) has signed a Memorandum of Understanding (MoU) with the Ministry of Minority Affairs to implem... Read More


RBI to hold second 4-day VRR auction on December 26

India, Dec. 26 -- The Reserve Bank of India (RBI), after reviewing prevailing and evolving liquidity conditions, has announced that it will conduct the second 4-day Variable Rate Repo (VRR) auction un... Read More