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PM Modi Launches Development Projects Worth Rs 2,970 Crore In Daman

New Delhi, June 8 -- Prime Minister Narendra Modi inaugurated, dedicated and laid the foundation stone for development projects worth around Rs 2,970 crore in Daman, covering healthcare, aviation, tou... Read More


RBI Updates FEMA Rules To Simplify Cross-Border Merger Approvals

New Delhi, June 8 -- The Reserve Bank of India (RBI) has amended the Foreign Exchange Management (Cross Border Merger) Regulations, 2018, to broaden the approval framework for cross-border mergers and... Read More


Jitendra Singh Launches Capacity-Building Platform For Researchers And Entrepreneurs

New Delhi, June 8 -- Union Minister of State (Independent Charge) for Science and Technology Jitendra Singh has announced the launch of a digital portal supported by the Anusandhan National Research F... Read More


RBI Imposes Rs 41.8 Lakh Penalty On Canara Bank For KYC Norm Violations

New Delhi, June 8 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 41.8 lakh on Canara Bank for non-compliance with certain regulatory directions, including Know Your Customer (... Read More


ATM Cash Shortages To Be Addressed Promptly; Polymer Notes Under Review: RBI Governor

New Delhi, June 6 -- Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday assured the public that cash shortages at ATMs would be addressed promptly, even as industry data revealed a signifi... Read More


India's GDP Growth Hits 7.7% In FY26; Q4 Growth At 7.8%: Govt

New Delhi, June 6 -- India's economy grew at 7.7 per cent in FY2025-26, up from 7.1 per cent in FY2024-25 and marginally above the government's own earlier estimate of 7.6 per cent, according to provi... Read More


RBI Proposes Greater Flexibility In Bulk Deposit Pricing; Mandates Advance Disclosure

New Delhi, June 6 -- The Reserve Bank of India (RBI) has released draft amendment directions proposing to give banks greater flexibility in pricing rupee bulk deposits, while simultaneously tightening... Read More


Govt Rolls Out E85 Fuel For Flex-Fuel Vehicles; Nationwide Rollout Planned

New Delhi, June 6 -- Union Minister for Petroleum and Natural Gas (MoPNG) Hardeep Singh Puri launched E85 fuel - a high-ethanol blend comprising 80-85 per cent ethanol and 14-19 per cent petrol - at a... Read More


Private Defence Firms' Revenue To Grow 15-16% This Fiscal: Crisil Ratings

New Delhi, June 6 -- Revenue of private sector companies in India's defence industry is expected to grow 15-16 per cent this fiscal - matching last year's performance - supported by a healthy order bo... Read More


CJI Stresses Need For Efficient Arbitration Frameworks In India-UK Economic Partnership

New Delhi, June 6 -- Chief Justice of India (CJI) Surya Kant on Friday called for strengthening Alternative Dispute Resolution (ADR) systems to support the expanding economic partnership between India... Read More