Translating Vision to Action Shared Seas, Shared Security and Shared Prosperity The inaugural BIMSTEC Maritime Security Exercise, being conducted from 30 Oct to 03 Nov 2026, marks a significant milestone in advancing maritime cooperation among the member states of BIMSTEC. Bringing together Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand, the exercise reinforces the shared commitment of member states towards regional security, stability and prosperity in the Bay of Bengal. Building upon the…
The ninth edition of the India-Brazil-South Africa Maritime (IBSAMAR) Exercise 2026 concluded at Simon’s Town, South Africa, on 20 Oct 2026. It brought together the Indian, Brazilian and South African Navies for a series of professional interactions and maritime evolutions aimed at enhancing interoperability, strengthening operational cooperation and fostering greater mutual understanding among the three maritime forces. The closing ceremony marked the culmination of ten days of joint activities conducted during…
The Department of Financial Services (DFS), Ministry of Finance, Government of India, convened a two-day workshop on the implementation of the Government of India's Reservation Policy in Public Sector Banks (PSBs), Public Sector Insurance Companies (PSICs), Sectoral Regulators and Public Financial Institutions (PFIs) on 15–16 October 2026 at the Punjab National Bank Staff Training College, Panchkula. The workshop was organised in association with Punjab National Bank with the objective of strengthening…
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposal of the Department of Rural Development for Continuation of the National Social Assistance Programme (NSAP) with total outlay of Rs. 53,428 crore for five years from 2026-27 to 2030-31 with (i) Renaming of the scheme & sub-schemes (ii) Revision in eligibility criteria, coverage and rate of assistance for divyangjan pension and (iii) continuation of pension schemes for old aged & widows and family benefit scheme in its…
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, today approved the Government of India’s commitment of Rs.10,000 crore towards the establishment of the SME Growth Fund (SGF) aimed at catalysing growth-oriented capital for India's Small and Medium Enterprises (SMEs) and enabling the emergence of champion Indian enterprises across manufacturing, services, technology, innovation-driven sectors, and strategic value chains as per Para 28 of Union Budget 2026-27. This was in part of the holistic set of…
Prime Minister Shri Narendra Modi participated through video conferencing in the 20th Rozgar Mela, organised at 45 locations across the country, and distributed appointment letters to more than 51,000 newly recruited youth. Union Minister of State for Information & Broadcasting and Parliamentary Affairs, Dr. L. Murugan, participated in the Rozgar Mela held at D.G. Vaishnav College, Chennai. He distributed appointment letters to 285 newly recruited candidates selected for various Central Government Ministries,…
As part of its ongoing enforcement drive against fraudulent Input Tax Credit (ITC) claims, the officers of Anti-Evasion Branch, Central Goods & Services Tax (CGST), Delhi South Commissionerate, has arrested a proprietor of a firm engaged in trading of iron and steel goods in a case involving fraudulent availment, utilisation and passing on of inadmissible ITC aggregating to over Rs. 25.22 crore through bogus invoices of approximately Rs. 140.14 crore. Investigation revealed that the firm had availed inadmissible…
The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of August 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1145
The Ministry of Micro, Small & Medium Enterprises (MSME), Government of India, celebrated the 3rd Anniversary of the PM Vishwakarma at Dhono Dhanyo Auditorium, Kolkata, West Bengal. The occasion marked three years of the Scheme’s implementation and highlighted the Government’s continued efforts to strengthen the livelihoods, skills and entrepreneurial capabilities of traditional artisans and craftspeople. West Bengal onboarded for implementation of PM Vishwakarma in May 2026, marking an important step towards…
The following eight Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR. i) Cancellation of CoR due to exit from Non-Banking Financial Institution (NBFI) business Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of Cancellation of CoR 1 Anupam…
The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Cancellation Order Date 1 Dar's Financial Services Pvt Ltd GE-108, Rajdanga Main Road, Kolkata, West Bengal, India, 700107 B.05.03300 February 03, 2000 August 03, 2026 2 Rolta Holding and Finance Corporation Private Limited 21st Floor,…
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Gauhati Co-operative Urban Bank Ltd., Guwahati vide Directive No.GWH.DOS.ADM.No.S233/01-10-101/2025-2026 dated December 17, 2025 for a period of six months up to close of business on June 17, 2026, which were last extended up to close of business on September 17, 2026, vide Directive No. DOR.MON/D-16/12-29-108/2026-2027 dated June 11, 2026. The Reserve Bank of India is satisfied that in the…
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Valsad Mahila Nagrik Sahakari Bank Ltd., Valsad Gujarat vide Directive No. AMD.DOS.SSM.No.S831/11-03-153/2025-2026 dated December 17, 2025, for a period of six months up to close of business on June 18, 2026 which was last extended vide Directive No. DOR.MON/D-17/12-21-153/2026-27 dated June 11, 2026. The Reserve Bank of India is satisfied that in the public interest, it is necessary to…