The Reserve Bank, vide Press Release dated July 14, 2026, had issued the draft "Reserve Bank of India (Acquisition and Holding of Shares or Voting Rights) Amendment Directions, 2026”, seeking comments / feedback from the regulated entities and members of public / other stakeholders on or before August 4, 2026. The draft Amendment Directions proposed to simplify approval process for subsequent acquisitions of major shareholding in a banking company by mutual funds, insurance companies and pension funds. 2.…
The Second Edition of the ASEAN-India Maritime Exercise (AIME-2026) commenced at Subic Bay, Philippines, on 28 Sep 2026, with the participation of Indian Naval Ships Sahyadri and Kulish, along with maritime forces from ASEAN Member States. Conducted under the theme “Anchored in Trust, United at Sea”, the exercise brings together maritime forces from India and ASEAN countries for professional, operational and social engagements aimed at enhancing mutual understanding, cooperation and interoperability. The…
Union Minister for Agriculture and Farmers’ Welfare and Rural Development Shri Shivraj Singh Chouhan has approved procurement worth ₹5,547.99 crore at Minimum Support Price (MSP) under the Price Support Scheme (PSS) for the Kharif Marketing Season 2026-27 in Uttar Pradesh, Telangana and Karnataka. The decision is aimed at protecting farmers from a decline in market prices and ensuring remunerative returns for their produce, particularly for pulse and oilseed growers. Shri Chouhan said that under the leadership of…
The Ayush services sector has emerged as one of India’s fastest-growing service sectors, with its economic contribution estimated at US$36.92 billion in FY2024-25, according to a new study by the Research and Information System for Developing Countries (RIS). Registering a 16.91 per cent CAGR since FY2022-23, the sector is increasingly contributing to India’s economic growth through healthcare, wellness, employment generation and Medical Value Travel. The study projects that the Ayush services economy could scale…
The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Shri Narendra Modi, has approved the increase in the Minimum Support Prices (MSP) for all mandated Rabi Crops for Marketing Season 2027-28. Government has increased the Minimum Support Prices (MSP) of Rabi Crops for Marketing Season 2027-28, to ensure remunerative prices to the growers for their produce. The absolute highest increase in MSP has been announced for Safflower at Rs.675 per quintal followed by Rapeseed & Mustard at Rs.413…
The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Shri Narendra Modi, has approved implementation of the ITMS Project by Delhi Police at an estimated cost of Rs.1,789.52 crore, inclusive of taxes. The project will cover 42 identified traffic corridors and will be implemented in three phases over 24 months, followed by five years of operation and maintenance. As part of the wider efforts of the Central Government and the Government of NCT of Delhi to improve traffic management,…
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Green Energy Corridor Phase-III (GEC-III) scheme. This historic initiative will strengthen India’s Intra-State Transmission System (InSTS) to enable evacuation of up to 135 Gigawatt (GW) of renewable energy across States/ Union Territories. The scheme also provides for deployment of 50 GWh of Battery Energy Storage Systems (BESS) at the Renewable Energy (RE) developer/generator end or any other location of importance for grid…