Category

India Macro, Economy & Public Policy

233 articles
India’s economic activity demonstrates broad-based expansion across multiple sectors. Tata Steel reported a robust 35% year-over-year increase in FY2026 EBITDA, driven by cost transformation savings and strong domestic demand, while the Eight Core Industries grew 1.7% in April, led by cement and steel production. Infrastructure development is also gaining momentum, with the Civil Aviation Ministry inaugurating expanded facilities at Ranchi Airport and the Ministry of Housing & Urban Affairs reporting 81% urban waste processing. Furthermore, the PFRDA’s Atal Pension Yojana saw a record 1.35 crore new subscribers in FY26, indicating increased financial inclusion and savings. These developments suggest continued resilience in the Indian economy, though Tata Steel’s operations in Europe face regulatory uncertainty, highlighting potential external risks.
Tata Steel FY2026 EBITDA Rises 35% to ₹34,848 Crores
Tata Steel reported strong FY2026 performance with consolidated EBITDA up 35% YoY to ₹34,848 crores and margin expansion of 320 bps to 15%. The company achieved ₹10,868 crores in cost transformation s
Civil Aviation Minister Inaugurates Ranchi Airport Facilities
Civil Aviation Minister inaugurated passenger facilities including Bhagwan Birsa Munda statue, UDAN Yatri Café, and Kids Zone at Ranchi Airport. India's airports increased from 74 in 2014 to 165 curre
Telangana Governor Interacts with Yuva Sangam Delegation
Telangana Governor Shiv Pratap Shukla interacted with Yuva Sangam youth delegation from Maharashtra visiting IIT Tirupati on May 18, 2026. Delegation participated in academic, cultural, and experienti
PFRDA APY Records 1.35 Crore New FY26 Subscribers
PFRDA felicitated 53 Service Providers and 10 SLBCs for outstanding APY performance in FY 2025-26. APY achieved record 1.35 crore new enrolments with AUM exceeding ₹54,000 crore as of May 2026. Women
MoHUA Reports 81% Urban Waste Processing in 2026
Ministry of Housing & Urban Affairs convened a two-day national review meeting for Swachh Bharat Mission-Urban 2.0 on May 19-20, 2026. Urban waste processing improved from 16% in 2014 to 81% in 2026,
India Eight Core Industries Growth 1.7% in April 2026
Government releases Index of Eight Core Industries data showing 1.7% YoY growth in April 2026. Cement, Steel and Electricity production grew by 9.4%, 6.2% and 4.1% respectively in April 2026. Cumulati
RBI T-Bill Auction Yields 5.5-5.98%
RBI released auction results for 91‑day, 182‑day and 364‑day Treasury Bills on 20 May 2026 through its Department of Communication. Total face value notified was ₹12,000 crore for 91‑day and ₹6,000 cr
RBI Money Market Volume 7.38 Lakh Cr
RBI reported total overnight money market volume of ₹7,38,985.90 crore with weighted average rate of 5.08% on May 19, 2026. The Liquidity Adjustment Facility injected ₹1,76,014.00 crore net liquidity,
RBI 5-Day VRR Auction ₹150,000 Cr
RBI conducted 5‑day Variable Rate Repo auction on May 20, 2026, offering ₹150,000 crore. Bids received totaled ₹16,435 crore, fully allotted at cut‑off rate of 5.26%. Weighted average rate matched cut
RBI Announces ₹125,000 Cr VRR Auction
RBI will conduct an overnight Variable Rate Repo auction on May 21, 2026 under the Liquidity Adjustment Facility. The auction size is ₹1,25,000 crore for a one‑day tenor, with bidding window from 9:30
RBI Announces $5bn USD/INR Swap Auction
RBI will conduct a USD/INR buy‑sell swap auction of USD 5 billion for a three‑year tenor starting May 26 2026. Eligible participants are Category‑I authorized dealer banks, with a minimum bid size of
RBI Publishes Reserve Money Data for Fortnight
RBI released reserve money figures for the fortnight ending May 15, 2026, indicating the latest monetary base level. The data is published in an Excel sheet linked in the press release, enabling marke
Arunachal Pradesh Launches ₹167 Crore Kiwi Mission
Union Ministry launches ₹167 crore mission to develop Arunachal Pradesh's kiwi value chain through cluster-based cultivation and export promotion. Mission targets transforming India's largest kiwi pro
Ministry of Jal Shakti Hosts 7th Sujal Gram Samvad
Department of Drinking Water & Sanitation organized 7th multilingual Sujal Gram Samvad with 4000 digital participants across 6 Gram Panchayats. Event emphasized community-led Operation & Maintenance o
India Hosting International Big Cat Alliance Summit
India hosting first International Big Cat Alliance Summit in June with 95 countries participating. Minister highlighted India's achievement of NDC climate targets ahead of schedule. Discussed Cheetah
BRICS Youth Council Entrepreneurship Working Group Meeting in Indore
BRICS Youth Council Entrepreneurship Working Group Meeting held in Indore under India's 2026 BRICS Chairship to strengthen cooperation in entrepreneurship. BRICS represents nearly half of world's popu
ICAR Leads Balanced Fertiliser Awareness for Kharif 2026
ICAR conducted nationwide awareness campaigns on balanced fertiliser use through KVKs and research institutes across multiple states from May 18-19, 2026. Campaigns promoted soil test-based nutrient m
BRICS Officials Finalize ADR Capacity Building Declaration
BRICS Senior Officials Meeting concluded with consensus on Joint Declaration for strengthening Alternative Dispute Resolution through mediation and arbitration capacity building. Meeting held in hybri
Ministry of Heavy Industries E-Bus E-Truck Consultation
Union Minister HD Kumaraswamy chaired a stakeholder consultation to accelerate adoption of electric buses and trucks across India. Meeting included fleet operators, aggregators, financial institutions
OM Infra Limited FY26 Investor Presentation Highlights
OM Infra Limited presents Q4 & FY26 financial results and strategic updates, including a consolidated FY26 net sales of ₹500 crore. The company won a ₹129 crore order from Uttar Pradesh Jal Nigam and
Modi's Jhalmuri Purchase Highlights Grassroots Politics
Prime Minister Narendra Modi was seen buying jhalmuri from street vendors in Kolkata, West Bengal, sparking political commentary. The gesture is interpreted as a symbolic connection with ordinary citi
NITI Aayog Opens Applications for 500 Jammu & Kashmir ATLs
Atal Innovation Mission launches application process for 500 new Atal Tinkering Labs in Jammu & Kashmir under Frontier Region Program. Program targets Government, Private, Aided schools, Kendriya Vidy
India Reaffirms $2M PMNCH Grant Commitment at WHA
India reaffirmed its annual $2 million perpetual grant commitment to PMNCH during a bilateral meeting at the World Health Assembly. Health Minister highlighted India's significant reductions in Matern
President Murmu Addresses 2024 Batch IAS Officers
President Droupadi Murmu addressed 2024 batch IAS officers serving as Assistant Secretaries in Union Ministries. She emphasized blending compassion with rationality and being sensitive without sentime
India Hosts 68th Asian Productivity Organization Governing Body
India hosts 68th APO Governing Body session from May 20-22, 2026 at Bharat Mandapam with 60+ delegates from 20 member economies. Agenda includes APO Vision 2030 framework discussions, 2027-28 prelimin
VP Radhakrishnan Pays Tribute to BC Khanduri
Vice-President C.P. Radhakrishnan paid tribute to former Union Minister and Uttarakhand CM Major General B.C. Khanduri in Dehradun. Khanduri was honored as an extraordinary leader, distinguished soldi
PM Modi Shares Sanskrit Subhashitam on Righteous Conduct
PM Narendra Modi shared a Sanskrit verse emphasizing righteous conduct as guiding principle for society. The post states that determination of actions should rest on well-ordered standards rather than
ANRF Selects 10 Institutions for Convergence Research CoEs
ANRF announces selection of 10 institutions for Convergence Research Centres of Excellence program to address societal challenges. Program received 945 proposals and requires interdisciplinary collabo
Centre Plans ₹4,800 Crore Brahmaputra Waterways Push
Union Government plans ₹4,800 crore investment in Northeast inland waterways over next five years for transport and economic growth. Cargo movement on national waterways surged from 18 MMT in 2014 to
Textiles Ministry Seminar on New Age Fibres Roadmap
Ministry of Textiles organized national seminar on emerging sustainable fibres like pineapple, hemp, and bamboo. Three Task Forces released detailed reports on fibre categories to guide sector develop
India Announces 880M Digital Health IDs at WHO Assembly
Union Health Minister addressed 79th World Health Assembly, reaffirming India's commitment to Universal Health Coverage and digital health innovation. Ayushman Bharat Digital Mission has created over
RBI State Securities Auction Raises ₹20,100 Crore
RBI announced full subscription of state government securities auction raising ₹20,100 crore across six states. Cut‑off yields ranged from 7.64% to 7.92% with prices between 98.56 and 99.46 per ₹100,
RBI May 18 Market Liquidity -₹1.82 Cr
On May 18, RBI’s repo, MSF and SDF operations absorbed ₹1.82 lakh crore, reducing overall market liquidity. Overnight money‑market volume reached ₹7,60,802.84 crore with a weighted average rate of 5.0
MSME TEAM Initiative Expands Digital Commerce Access
MSME Ministry's TEAM Initiative provides end-to-end e-commerce support to micro and small enterprises through ONDC. Baba Sankari FPO in Jammu & Kashmir processed 100+ orders nationwide with improved m
NCM Conference on Minority Welfare and Grievance Redressal
National Commission for Minorities organized conference with state commissions to strengthen minority welfare mechanisms and institutional coordination. NCM reported receiving 9,558 petitions and disp
Gadkari Inspects ₹4,463 Cr NCR Highway Project
Union Minister Nitin Gadkari inspected the DND-Faridabad-Sohna highway project to enhance NCR connectivity and link to Noida International Airport. The 59.063 km access-controlled highway costs ₹4,463
Shri Amit Shah Chairs 26th Central Zonal Council Meeting
Union Home Minister declares India Naxal-free, crediting security forces and inter-agency coordination for this historic achievement. Zonal Council meetings increased by 200% since 2014, with 1,729 is
Ministry of Ayush Launches Anudan Grant Portal
Union Minister launched Ayush Anudan Portal for digital grant management under Central Sector Schemes. Portal integrates with NGO Darpan for automated authentication and verification of applicant orga
MoSPI Organizes State GDP Reconciliation Discussions 2026
MoSPI schedules annual joint discussions from May 20 to June 19, 2026, to reconcile State Domestic Product estimates. Discussions will focus on GSDP estimates for FY 2022-23, 2023-24, and 2024-25 usin
Project Cheetah Population Reaches 53 with 33 Indian-Born
Project Cheetah review meeting chaired by Environment Minister Bhupender Yadav assessed progress of wildlife restoration initiative. Current cheetah population stands at 53 animals including 33 Indian
Ministry of Jal Shakti Launches State Water Reforms Framework
Union Jal Shakti Minister launched State Water Reforms Framework with 75 indicators across five dimensions for water governance benchmarking. Brahmaputra Board reviewed 76 river basins for masterplan
Eastern Regional Agriculture Conference Focuses on Farmer Prosperity
Union Agriculture Minister inaugurates Eastern Regional Agriculture Conference in Bhubaneswar with focus on agricultural transformation. Conference emphasizes pulses-oilseeds production, integrated fa
EPACK Durable Receives Rajasthan RIPS-2024 Incentives
EPACK Durable received Entitlement Certificates under Rajasthan Investment Promotion Scheme 2024 for its Bhiwadi manufacturing facility. Approved incentives include 1.32% turnover linked incentive for
Goyal Urges Industry-Government Collaboration for Reforms
Commerce Minister Piyush Goyal calls for industry-government collaboration to advance ease of doing business and achieve Viksit Bharat 2047 goals. India's exports reached all-time high of USD 863 bill
Vice President Condoles Demise of B.C. Khanduri
Vice President expresses condolences on passing of former Union Minister and Uttarakhand Chief Minister Major General B.C. Khanduri. Notes Khanduri's visionary contribution to India's road infrastruct
Advait Energy Signs Hydrogen Fuel Cell MoU with TECO Norway
Advait Energy Transitions signed an MoU with TECO Fuel Cell Technology AS for hydrogen fuel cell technology collaboration. The agreement covers stationary power, heavy-duty transport, and maritime app
Centre Circulates Draft National Water Metro Policy
Draft National Water Metro Policy, 2026 circulated for inter-ministerial consultations ahead of nationwide rollout. Water Metro services planned for 18 cities with Guwahati, Srinagar, Patna, Varanasi,
Centre Signs Jal Jeevan Mission MoUs with A&N, West Bengal
Centre signs reform-linked MoUs with Andaman & Nicobar Islands and West Bengal under Jal Jeevan Mission 2.0 for rural water governance. Andaman & Nicobar achieved 100% rural tap water coverage in 2021
RBI Money Market Liquidity Absorption 207,005 Cr
RBI reported net liquidity absorption of ₹207,005 crore from today's money market operations on May 16, 2026. Overnight segment volume reached ₹16,399.63 crore with weighted average rates around 5.00%
RBI Liquidity Injection Rs 144.9bn May 17
RBI's money market operations on May 17 showed zero volumes across overnight and term segments, indicating no repo or call money activity. RBI injected net liquidity of Rs 144.896 bn today via repo, M
RBI Switch Auction Yields Near 7%
RBI conducted a conversion/switch auction of GOI securities on May 18, 2026, covering four series with total notified amount ₹16,000 crore. Total offers received amounted to ₹23,? crore, with accepted
RBI Declines to Activate Counter‑Cyclical Capital Buffer
RBI reviewed CCyB framework and indicators on May 18, 2026, concluding activation is unnecessary currently for the banking sector. Decision relied on credit‑to‑GDP gap analysis and other supplementary
RBI Money Market Volume Hits ₹13.7 Trn
RBI reported total overnight money market volume of ₹13,701.83 crore at weighted average rate 5.17% on May 15, 2026. Term segment saw ₹14,148.53 crore notice money at 5.24% and large repo operations t
Nagaland Coffee Value Chain Mission Launched
Union Minister launches Rs 175 crore coffee value chain mission for Nagaland with cluster-based approach. Mission targets Arabica coffee in Kohima and Robusta in Niuland districts to transform raw pro
Fifth National One Health Steering Committee Meeting Held
Fifth Scientific Steering Committee meeting on National One Health Mission held under PSA Prof. Ajay K. Sood's chairmanship. Committee reviewed Model Governance Framework, genomics surveillance networ
India Updates on West Asia Impact: Fuel, Fertilizer, Seafarer Safety
Government reports comfortable national fertilizer stock of 200.98 LMT (51% of Kharif 2026 requirement) with secured imports of 13.5 LMT DAP and 7 LMT NPKs. LPG supply prioritized with 99% online book
Apollo Tyres Q4 FY26 Net Profit Soars 240% YoY
Apollo Tyres reported Q4 FY26 consolidated revenue of INR 73.4 billion, up 14% YoY, with an EBITDA margin of 14.6%. The company announced a significant net profit boost from a INR 570+ crore deferred
Cabinet Approves Kharif Crop MSPs for 2026-27 Season
Cabinet approves MSP increases for 14 Kharif crops for marketing season 2026-27 with highest absolute increases for sunflower, cotton, nigerseed, and sesamum. Government ensures 1.5 times cost of prod
Agriculture Ministry Announces Resource Optimization Directives
Union Agriculture Minister Shivraj Singh Chouhan issued directives for resource optimization following PM Modi's appeal, including reduced vehicle convoy size. Ministry will launch 'Khet Bachao Abhiya
Ministry Announces Eastern Regional Agriculture Conference
Ministry of Agriculture organizing Eastern Regional Conference in Bhubaneswar on May 19, 2026. Conference chaired by Union Minister Shivraj Singh Chouhan with Odisha CM participation. Will review prog
Union Agriculture Minister Chouhan Meets Punjab CM Mann
Union Agriculture Minister Shivraj Singh Chouhan met Punjab Chief Minister Bhagwant Mann to discuss agricultural issues and farmer welfare. Discussions focused on paddy milling problems, crop diversif
ICAR Expenditure Finance Committee Meeting Agriculture Minister Review
Union Agriculture Minister Shivraj Singh Chouhan chaired high-level Expenditure Finance Committee meeting for ICAR. Minister emphasized promoting integrated farming to increase farmer income and ensur
Cabinet Approves Rs 5,659 Crore Cotton Productivity Mission
Union Cabinet approves Rs 5,659.22 crore Cotton Productivity Mission to boost cotton production and farmers' income. Mission targets increasing cotton productivity from 440 kg/ha to 755 kg/ha and prod
Cabinet Approves ₹5659 Crore Cotton Productivity Mission
Cabinet approves ₹5659.22 crore Mission for Cotton Productivity from 2026-27 to 2030-31 to enhance cotton sector competitiveness. Mission targets increasing cotton production to 498 lakh bales and pro
Government Approves ₹4,886 Crore MSP Procurement
Union Agriculture Minister approved procurement of 9,023 MT sunflower in Karnataka with ₹69.66 crore MSP value. Increased gram procurement limit in Maharashtra to 8,19,882 MT with ₹4,816.80 crore MSP
Shivraj Singh Chouhan Orders Litchi Task Force
Union Agriculture Minister forms expert task force to address litchi stink bug crisis damaging crops in Bihar. Task force comprises scientists from ICAR, state horticulture departments, and agricultur
Agriculture Minister Chouhan Launches Fruit Horizon 2026
Union Agriculture Minister Shivraj Singh Chouhan leads two-day Fruit Horizon 2026 event in Lucknow to boost horticulture sector. Event focuses on fruit production enhancement, quality improvement, pro
Uttar Pradesh Fruit Production Export Hub Development
Union Agriculture Minister outlines roadmap to make India number one in fruit exports through quality improvement and infrastructure. Government to establish modern Clean Plant Centre at CISH Lucknow
Ministry of Agriculture Summer Crop Area Coverage Update
Ministry of Agriculture reports summer crop area coverage of 83.08 lakh hectares as of May 8, 2026. Total summer crop area decreased by 3.07 lakh hectares compared to corresponding period last year. O
Ministry of Agriculture Summer Crops Area Coverage 2026
Ministry of Agriculture reports total summer crop area coverage of 81.60 lakh hectares as of May 1, 2026. Total area shows 2.60 lakh hectare increase compared to corresponding period last year (79.00
Amit Shah Inaugurates Bastar Service Center Post-Naxalism
Union Home Minister Amit Shah inaugurated the Shaheed Veer Gundadhur Seva Dera Jan Suvidha Kendra in Bastar, Chhattisgarh. The government plans to convert 70 security camps into service centers within
Ministry Announces Eastern Regional Agriculture Conference in Bhubaneswar
Ministry of Agriculture organizes Eastern Regional Conference on May 19, 2026 in Bhubaneswar chaired by Union Minister Shivraj Singh Chouhan. Conference will review agricultural schemes progress inclu
MoRD National Consultation on SHE-MARTs Roadmap
MoRD organized national consultation to operationalize SHE-MARTs initiative for women-led rural marketing ecosystems. Consultation aimed to finalize operational guidelines through state feedback on in
Ministry of Ayush Issues Heatwave Public Health Advisory
Ministry of Ayush issued a comprehensive public health advisory for extreme heat/heatwave conditions across India. Advisory targets general public, vulnerable groups, employers, and event participants
Electrosteel Castings FY26 PAT Drops 77% to ₹161 Crores
Electrosteel Castings reported FY26 consolidated PAT of ₹161 crores, down 77.2% YoY, including a ₹38 crore labor code provision. Consolidated total income declined 17.6% to ₹6,133 crores due to muted
India Targets $1 Trillion Exports in 2026
India sets $1 trillion export target for current year and $2 trillion target over next five years as national mission. Exports reached $863 billion, 5% higher than previous year despite global challen
India Hosts BRICS Justice Ministers Meeting on ADR
India hosts BRICS Senior Officials' Meeting on May 19-20 and Justice Ministers' Meeting on May 21-22, 2026 in Gandhinagar. Meetings focus on strengthening Alternative Dispute Resolution through mediat
DoNER Explores Eri Silk-Kota Doria Fusion Fabric
Ministry of DoNER explores blending North-East's Eri silk with Rajasthan's Kota Doria to create premium fabric. Initiative aligns with PM's 5F Vision and targets domestic and international premium mar
Rajnath Singh Visits Vietnam, South Korea for Defence Talks
Defence Minister Rajnath Singh undertakes official visits to Vietnam and South Korea to expand bilateral defence engagement. Visit focuses on deepening strategic military cooperation, defence industri
Modi Addresses European Round Table on India-EU FTA
Prime Minister Modi announced the successful conclusion of negotiations for the landmark India-EU Free Trade Agreement. He highlighted India's rapid economic growth and next-generation reforms as attr
India Sweden Elevate Bilateral Relations to Strategic Partnership
India and Sweden elevated bilateral relations to a Strategic Partnership guided by four key pillars including security and economic cooperation. The partnership is operationalized through the India-Sw
Indian Navy Inaugurates Bhopal Naval Sailing Node
Indian Navy inaugurated premier Naval Sailing Node at Bhojtal, Bhopal on May 17, 2026. Facility will train Navy Sailing Team, Rowing, Canoeing, Kayaking Teams and NCC cadets. 17 of 34 Navy Sailing Tea
Railways Flags Off Bengaluru-Mumbai Express Train
Union Railway Minister Ashwini Vaishnaw virtually flagged off a new Bengaluru-Mumbai express train to strengthen connectivity between Karnataka and Maharashtra. Announced Vande Bharat Sleeper service
NTH Ghaziabad Launches State-of-Art Shoe Testing Lab
National Test House Ghaziabad established a state-of-the-art footwear testing laboratory to enhance quality infrastructure. The lab provides comprehensive testing for safety, industrial, school, sport
Census 2027 Houselisting Operations Expand to 5 States
Field operations for Census 2027 Houselisting and Housing Census commence in Rajasthan, Meghalaya, Maharashtra, Jharkhand and MCD Delhi. Self-Enumeration facility begins in Gujarat, Jammu & Kashmir, L
India Netherlands Elevate Bilateral Ties to Strategic Partnership
India and the Netherlands elevated their bilateral relationship to a Strategic Partnership and adopted an ambitious roadmap for cooperation. Fourteen agreements were signed in technology, green energy
India-Netherlands Strategic Partnership Roadmap 2026-2030
India and the Netherlands elevated their bilateral relationship to a Strategic Partnership, adopting a five-year roadmap from 2026-2030. The partnership focuses on economic cooperation in semiconducto
India-Netherlands Strategic Partnership 2026-2030 Outcomes
India and Netherlands signed a Strategic Partnership Roadmap 2026-2030 covering semiconductors, green energy, and critical minerals. TATA Electronics and ASML signed an MoU to support a semiconductor
Sikkim Statehood Day: 21 MDoNER Projects Worth ₹223 Crore
Union DoNER Minister inaugurated 21 development projects worth ₹223 crore in Sikkim, including road connectivity and infrastructure works. Launched Mission Sikkim Organics with ₹360 crore outlay to tr
RBI Announces ₹20,100 Cr State Securities Auction
RBI announced auction of State Government Securities worth ₹20,100 crore across six states on May 19 2026 via E‑Kuber platform. Auction includes re‑issues of various tenures (2032‑2056) with yields ra
Sikkim 51st Statehood Day Celebrates ₹4,000 Crore Development
Vice President addressed Sikkim's 51st Statehood Day, highlighting ₹4,000 crore in recently launched development projects. Sikkim recognized as world's first 100% organic state with 76,000 hectares co
ICAR Expenditure Finance Committee Meeting Under Agriculture Minister
Union Agriculture Minister Shivraj Singh Chouhan chaired a high-level Expenditure Finance Committee meeting for ICAR. Minister directed officials to focus on making Indian agriculture more productive,
Ministry of Education NIOS Out-of-School Children Initiative
Ministry of Education meeting addressed 2 crore out-of-school children aged 14-18, with only 62% reaching Class XII. New NIOS initiative will pilot in 10 districts across 9 states using flexible learn
TDB-DST Signs Five RDI Projects, Disburses ₹50 Crore
TDB-DST signed agreements for five high-impact RDI projects in battery tech, satellites, cell therapy, medical devices, and unmanned helicopters. First fund disbursement of ₹50 crore released to Eyest
IIM Jammu Hosts Kerala Youth Delegation Under Yuva Sangam
IIM Jammu welcomed a Kerala student delegation for Yuva Sangam Phase VI, an educational exchange program under Ek Bharat Shreshtha Bharat. Delegates visited educational institutions, cultural sites in
GeM Incorporation Day 2026 Highlights ₹2.36L Cr MSE Orders
GeM SPV marks its Incorporation Day, highlighting its role as a digital public procurement platform under Ministry of Commerce. Platform hosts 1.36 lakh government buyers and 25 lakh sellers, with 72%
SCTIMST Convocation Highlights Indigenous Medical Innovation
SCTIMST awarded degrees to 130 graduands across specialized medical and public health programs during its 42nd convocation. The institute transferred 7 indigenous medical technologies to industry and
PM Modi Congratulates Iraq's New Prime Minister
Prime Minister Narendra Modi congratulated Ali Falih Kadhim al-Zaidi on assuming office as Prime Minister of Iraq. India expressed commitment to strengthening bilateral ties with Iraq across all areas
PM Modi Greets Sikkim on 50th Statehood Day
Prime Minister Narendra Modi extended Statehood Day greetings to Sikkim, marking its 50th anniversary of statehood. Modi acknowledged Sikkim's contribution to India's development and recalled his rece
India Leads Global Jaggery Production with 70% Share
India accounts for over 70% of global jaggery production, supporting 2.5 million rural livelihoods through decentralized processing. Jaggery exports surged 106.5% in value to $406.8 million between 20
MoSPI Seeks Feedback on Knowledge Economy Framework
MoSPI invites public feedback by June 15, 2026 on base paper for measuring knowledge economy contribution. Technical Advisory Group and Committee on Knowledge Systems formed to develop actionable poli
Ministry of Tribal Affairs Seminar on AI for Tribal Development
Ministry of Tribal Affairs and IIT Delhi organized seminar on AI's role in sustainable tribal development as part of Janjatiya Garima Utsav 2026. Adi Vaani AI platform supports Gondi, Mundari, Bhili a
Ministry of Cooperation National Fisheries Workshop Hyderabad
National workshop organized to strengthen fisheries cooperative societies under PM's 'Sahkar Se Samriddhi' vision. Discussed formation of new fisheries cooperatives, institutional credit linkages, and
India Represents at Uganda Presidential Swearing-In Ceremony
Minister Jayant Chaudhary represented India at Uganda President Museveni's seventh-term swearing-in ceremony. He visited India's first overseas public academic campus, NFSU Uganda, which enrolled its
Dr. Jitendra Singh Calls for Training Institute Reforms
Concludes national summit on institutionalizing capacity building and performance-linked governance for Viksit Bharat 2047. CPGRAMS grievances rose from 2 lakh in 2014 to 25-30 lakh annually, reflecti
Scindia Reviews Sikkim Development Projects Including World's Highest Skywalk
Union Minister Jyotiraditya Scindia reviewed multiple development projects in Sikkim including education, tourism, and sports infrastructure. The ₹220 crore Bhaleydhunga Skywalk project at 3,200m elev
RBI Auction Yields 6.88% & 7.71%
RBI announced full auction results for 6.36% Government Security 2031 and new GS 2066 on May 15, 2026. Total competitive bids received were ₹44,279.65 crore for 2031 issue and ₹25,458.00 crore for 206
Minister Sahu Cycles to Office Supporting Fuel Conservation
Minister Tokhan Sahu cycled 3km to office supporting PM Modi's fuel conservation appeal amid global uncertainty. Union Ministers have reduced convoys by 50% following PM Modi's example of leadership t
Alwar Railway Station ₹112 Crore Redevelopment Underway
Foundation stone laid for ₹400 crore railway projects in Rajasthan, including ₹112 crore redevelopment of Alwar station under Amrit Bharat Scheme. Alwar station redevelopment includes 16,000 sqm compl
Ministry of Culture Organizes Dinesh Chandra Joshi Centenary Seminar
Ministry of Culture and Sahitya Akademi organized a national seminar commemorating Acharya Dinesh Chandra Joshi's birth centenary in New Delhi. A commemorative postal stamp was released honoring Joshi
Social Justice Dept Launches Nasha Mukti Mitr Initiative
Department of Social Justice appeals for citizens to join Nasha Mukt Bharat Abhiyan as Nasha Mukti Mitrs. Over 28,000 citizens already registered as Mitrs for community awareness and rehabilitation su
IITM Pune Launches Climate Startup Incubation Center
IITM Pune inaugurated a dedicated Incubation Center for Weather and Climate Startups under Mission Mausam. The WISE-2026 event attracted 400 attendees including 100 startup founders and experts from p
Jal Jeevan Mission 2.0 Progress Review with Districts
Jal Jeevan Mission extended to December 2028 with 81% rural household tap water coverage achieved. District Collectors' Peyjal Samvad featured six districts presenting cost-effective water supply inno
Ministry Launches Viksit Vibrant Villages Quiz 2026
Ministry of Youth Affairs & Sports launches national quiz for Viksit Vibrant Villages Program 2026 on MY Bharat platform from May 10-20, 2026. Top 500 performers from quiz will participate in immersiv
MHI Extends REPM Scheme Global Tender Deadline
Ministry of Heavy Industries extended REPM scheme bid submission deadline from May 28 to June 29, 2026. Scheme has ₹7,280 crore outlay to establish 6,000 MTPA rare earth magnet manufacturing capacity
SAI MyBharat Launches Commonwealth Games 2030 Initiatives
Sports Authority of India and MyBharat launched three free nationwide engagement initiatives for Commonwealth Games 2030. Initiatives include Torch Design Contest (May 11-20), Reel Challenge (May 7-16
India Reviews Commonwealth Games 2026 Preparations
Union Sports Minister chaired a review meeting for India's CWG 2026 preparations in Glasgow. Meeting focused on athlete preparation, training, logistics, and inter-ministerial coordination. Discussed
NSO Releases 2022-23 and 2023-24 Supply and Use Tables
MoSPI's NSO released Supply and Use Tables for 2022-23 and 2023-24, the first under the new 2022-23 base year. Total economic supply was ₹627.18 lakh crore in 2022-23 and ₹669.88 lakh crore in 2023-24
India Urban Female Unemployment Falls to 8.5% in April 2026
MoSPI releases April 2026 PLFS monthly bulletin showing urban female unemployment rate declined to 8.5%, the lowest level since April 2025. Overall labor force participation rate stood at 55.0% in Apr
India Assesses CWG 2026 Preparations in Glasgow
Union Sports Minister Dr. Mansukh Mandaviya chaired a high-level review meeting for India's Commonwealth Games 2026 preparations. Meeting focused on athlete preparation, training logistics, welfare, a
PM Modi Shares Sanskrit Verse on India's Growth
Prime Minister Narendra Modi shared a Sanskrit verse on social media platform X. The verse emphasizes India's global rise powered by people's determination and collective spirit. The post was part of
India's 6628-Dam Rehabilitation with ₹10,211 Crore Investment
India has 6,628 specified dams, with 26% (1,681) over 50 years old, necessitating a large-scale safety upgrade. The Dam Rehabilitation and Improvement Project (DRIP) Phase II & III has a ₹10,211 crore
Land Resources Secretary Reviews PMKSY Watershed Projects
Land Resources Secretary reviewed watershed development projects under PMKSY 2.0 in Dhamtari district, Chhattisgarh. Inspected a ₹40.34 lakh stop dam irrigating 80-85 acres and benefiting 50+ farmers
Vice-President Radhakrishnan Visits Sikkim May 16
Vice-President C. P. Radhakrishnan undertakes first official visit to Sikkim on May 16, 2026. The visit includes participation in Sikkim's Statehood Day Celebrations in Gangtok. Announcement made thro
Ministry of Tribal Affairs Funds Rs 3.75 Crore CRISPR Therapy
Ministry of Tribal Affairs organized workshop on India's first indigenous CRISPR-based gene therapy for Sickle Cell Disease. Ministry provided Rs 3.75 crore financial assistance for the BIRSA 101 gene
Ladakh Buddha Relics Exposition Attracts 1.18 Lakh Devotees
The 14-day Sacred Exposition of Holy Buddha Relics in Leh and Zanskar concluded with over 118,000 devotees paying obeisance. The event was inaugurated by Home Minister Amit Shah and coincided with the
India Fisheries Exports Hit Record ₹72,326 Crore in FY26
India achieved record seafood exports of ₹72,325.82 crore (US$8.28 billion) in FY 2025-26, a significant increase from previous year. Ministers discussed convergence of schemes between Commerce and Fi
RBI Publishes March 2026 ECB/FCCB/RDB Data
RBI released data on external commercial borrowings, foreign currency convertible bonds, and rupee‑denominated bonds for March 2026. Data covers both Automatic Route and Approval Route issuances, indi
RBI Announces ₹32,000 cr Government Securities Auction
RBI announced underwriting auction of ₹32,000 cr government securities on May 15, 2026, covering 6.36% GS 2031 and new GS 2066. Minimum underwriting commitment per primary dealer set at ₹500 cr for GS
RBI Money Market Ops: ₹7.58 Lakh Cr
Overnight money‑market volume reached ₹7,57,943.15 cr, with a weighted average rate of 5.09% and a 4.20‑5.40% range across all segments. Net liquidity injection from today’s operations was –₹2,38,984 
Ministry Convenes National AI Conclave for Minority Welfare
Ministry of Minority Affairs convened national conclave on AI-enabled governance for minority welfare programs. Conclave focused on developing AI bots for efficient service delivery and Haj 2027 pilgr
Indian Railways Cement Transport Up 170% in 4 Months
Indian Railways recorded a 170% increase in cement transportation over four months following November reforms introducing specialized tank containers. New bulk cement terminal policy and multimodal ha
India Assumes Common Criteria Development Board Chair 2026-2028
India nominated as Chair of Common Criteria Development Board (CCDB) from April 2026 to April 2028. CCRA enables mutual recognition of IT security certificates across 20 authorizing and 18 consuming n
Maharashtra PMAY-G 5 Lakh Houses Launch, ₹8368.5 Cr Sanction
Union Minister Shivraj Singh Chouhan launches Grih Pravesh for 5 lakh completed PMAY-G houses in Maharashtra on May 15, 2026. Issues PMAY-G Mother Sanction of ₹8,368.50 crore central share assistance
Ministry of Ayush-BHASHINI AI Multilingual Services MoU
Ministry of Ayush signed MoU with Digital India BHASHINI Division for AI-powered multilingual translation of Ayush knowledge systems. Collaboration aims to integrate BHASHINI Platform across Ayush dig
Food Processing Minister Inaugurates PMFME Exhibition in Leh
Union Minister Chirag Paswan inaugurated a PMFME Scheme exhibition in Leh to showcase products from micro food processing enterprises. The event aimed to enhance awareness of the PMFME Scheme and stre
India Ensures Fuel Supply Amid West Asia Crisis
Government assures 100% domestic LPG, PNG, and CNG supply despite geopolitical tensions, with 1.39 crore cylinders delivered in 3 days. Two LPG carriers safely transit Strait of Hormuz carrying 66,392
IIM Coordination Forum Meeting on Viksit Bharat
Union Education Minister chairs IIM Coordination Forum meeting to discuss institutional collaboration and academic excellence. Meeting focused on IIMs' role in Viksit Bharat 2047, student welfare poli
DoPT CBC Convene National Capacity Building Summit
DoPT and CBC organizing virtual National Departmental Summit on institutionalizing performance-linked capacity building on May 15, 2026. Summit will deliberate on four thematic priorities including AI
India Defence Exports Hit Record Rs 38,424 Crore
Defence exports surged to a record Rs 38,424 crore from Rs 686 crore a decade ago, as announced at the Kalam & Kavach 3.0 strategic dialogue. Annual defence production reached an all-time high of Rs 1
PM Modi Shares Sanskrit Verse on Knowledge Value
Prime Minister Narendra Modi shared a Sanskrit Subhashitam emphasizing knowledge as life's capital. The verse states knowledge enables achievement of greatest goals and leads to success. The post was
Election Commission SIR Phase-III in 16 States, 3 UTs
• Election Commission directs Special Intensive Revision covering 36.73 crore electors across 16 States and 3 Union Territories. • Over 3.94 lakh Booth Level Officers will conduct house-to-house visit
Gujarat Asiatic Lion Population Rises 32% to 891
Union Environment Minister inaugurated Lion Species Spotlight Programme at Sasan Gir as pre-IBCA Summit event. Asiatic lion population in Greater Gir Landscape increased 32% to 891 individuals in 2025
India April 2026 WPI Inflation Rises to 8.3%
India's wholesale inflation surged to 8.3% YoY in April 2026, driven by 24.7% fuel price increase and 9.2% primary articles inflation. Month-over-month WPI increased 3.86% with fuel prices jumping 18.
Indian MSMEs Contribute 31% GDP, 48.58% Exports
• MSMEs contribute 31.1% to India's GDP, 48.58% to exports, and employ 32.8 crore people across 7.47 crore enterprises. • Government formalized 7.9 crore enterprises through Udyam portals and enhanced
MoS Thakur Reviews Rural Schemes in Sikkim
Union MoS Savitri Thakur reviewed PM Gram Sadak Yojana's 4.8 km rural road project in Namchi, Sikkim. Inspected One Stop Centre and Hub for Empowerment of Women, emphasizing women's safety and skill d
Ministry of Textiles Rebuts Media Recycling Claims
Ministry of Textiles rebuts international media reports characterizing India's textile sector as environmentally negligent with factual data. India generates 7,073 kilo tonnes of textile waste annuall
RBI Treasury Bills Auction Yields 5.34%-5.77%
RBI announced full auction results for 91‑day, 182‑day, and 364‑day Treasury Bills on May 13, 2026. Total competitive bids received amounted to ₹27.62 billion for 91‑day, ₹25.46 billion for 182‑day, a
RBI May T‑Bill Auction Yields 5.34‑5.77%
RBI auctioned 91, 182, 364‑day T‑Bills with total face value ₹24,000 crore, fully subscribed. Cut‑off prices were 98.6862, 97.3143 and 94.5600, yielding 5.3398%, 5.5348% and 5.7688% respectively. Thes
RBI Releases May 12 State Securities Auction Results
RBI released auction outcomes for several state securities on May 12, 2026, showing notified amounts, yields and allotments. Assam SGS 2032 re‑issue received 18 competitive bids, cut‑off yield 7.6192%
RBI State Securities Auction Raises ₹14,500 Cr
RBI announced May 12, 2026 auction of state government securities totaling ₹14,500 crore, with ₹14,185.55 crore subscribed overall. Bihar fully subscribed at 100.55 price yielding 7.8684%, while Assam
RBI Money Market Ops Show 7.37 Lakh Cr Volume
RBI reported total overnight money market volume of ₹7,37,193.17 crore on May 11, 2026 with weighted average rate 5.13%. Call money segment contributed ₹16,111.14 crore at 5.31% average rate, range 4.
SGB 2018-19 Series-III Premature Redemption ₹15,102
RBI announces premature redemption of SGB 2018-19 Series-III on May 13, 2026, after fifth year from issue. Redemption price set at ₹15,102 per unit, based on simple average of gold’s closing price for
RBI VRR Auction Allots ₹7,190 cr @5.26%
RBI conducted a 3‑day Variable Rate Repo auction on May 12 2026, notifying ₹50,000 crore. Total bids received amounted to ₹7,190 crore, which were fully allotted, resulting in an allotment of ₹7,190 c
RBI Injects ₹222,158 Cr Liquidity May 10
RBI's money market operations on May 10 recorded zero volumes across overnight and term segments, with no call money or repo activity. Net liquidity injected from today's and outstanding operations su
RBI May 08 Liquidity Injection -₹2.34 Lakh Cr
Money market volume reached ₹7.09 lakh crore with a weighted average rate of 5.10% across the overnight segment. Net liquidity injected from today's operations was –₹2.34 lakh crore, indicating overal
RBI Announces 50,000 Cr VRR Auction
RBI will hold a 3‑day Variable Rate Repo auction on May 12, 2026 under the Liquidity Adjustment Facility. The auction size is set at ₹50,000 crore with a 3‑day tenor and a bidding window from 9:30 AM
RBI Announces ₹32,000 Cr Government Securities Auction
RBI announced auction of two Government of India dated securities totaling ₹32,000 crore, comprising ₹21,000 crore 6.36% GS 2031 and ₹11,000 crore new GS 2066. Auction will be held on May 15, 2026 via
RBI Money Market Liquidity Drain ₹214,847 Cr
RBI's net liquidity injection from today's and outstanding operations totals -₹214,846.57 cr, indicating overall liquidity absorption. Standing Liquidity Facility availed ₹8,612.43 cr and SDF operatio
RBI, ECB Sign MoU on Cooperation
On May 10, 2026, RBI Governor Sanjay Malhotra and ECB President Christine Lagarde signed a MoU in Basel. The agreement updates the 2015 MoU, creating a framework for regular information exchange, poli
RBI Announces ₹14,500 Cr State Securities Auction
RBI announced auction of state government securities totaling ₹14,500 crore on May 12, 2026 via E‑Kuber platform. Issuances from Assam, Bihar, Chhattisgarh, Himachal, Kerala, Madhya Pradesh, Manipur,
RBI Weekly: M3 Up 0.8%, Reserves Down
Total reserves fell by ₹2.6 crore (≈‑0.4%) to ₹6,556,404 crore as of May 2 2026. Aggregate deposits of scheduled commercial banks rose 0.8% fortnightly, reaching ₹25,864,099 crore, up 12.3% YoY. Bank
RBI Releases Money Supply Data for Fortnight
RBI published money supply figures for the fortnight ending April 30, 2026, on May 8, 2026. The data, accessible via RBI’s website, provides insight into liquidity conditions affecting markets and the
RBI FX Turnover Data March 16‑20, 2026
RBI released daily merchant and inter‑bank foreign exchange transaction data for March 16‑20 2026, covering spot, forward, swap, and cancel trades. Total merchant purchases peaked at $7.42 bn (FCY/INR
RBI FX Turnover Surges March 23‑27 2026
RBI published provisional foreign‑exchange turnover data covering merchant and inter‑bank transactions from 23‑27 March 2026. Merchant spot purchases peaked at $14.215 bn on 25 March, while spot sales
RBI Announces ₹24,000 Cr Treasury Bill Auction
RBI to auction ₹12,000 crore 91‑day, ₹6,000 crore each 182‑day and 364‑day Treasury Bills, total ₹24,000 crore. Auction will be price‑based using multiple‑price method; bids to be submitted electronic
RBI FX Turnover March 2-6 2026
RBI released daily merchant and inter‑bank foreign‑exchange transaction data for March 2‑6 2026, presented in USD million. The provisional data details spot, forward, forward‑cancel and swap purchases
RBI Announces GS 2036 Auction Results
RBI announced full auction results for New Government Security 2036 on May 8, 2026, with notified amount ₹34,000 crore. Competitive bids totaled 393 bids worth ₹1,01,665 crore, of which 189 bids amoun
Govt Stock Auction ₹34,000 Cr @6.94% Yield
RBI announced government stock auction of ₹34,000 crore with full subscription at a cut‑off yield of 6.94%. The entire notified amount was accepted; no devolvement was required from primary dealers. P
RBI Money Ops Absorb ₹2.45 Lakh Cr Liquidity
RBI reported total overnight money market volume of ₹6.86 Lakh crore with weighted average rate of 5.07% on May 7 2026. Repo operations injected ₹10,795 crore at 5.26% cut‑off rate, while MSF absorbed
RBI Underwrites ₹34,000 Cr New GS 2036
RBI conducted underwriting auction for New Government Security (GS) 2036 on May 8, 2026. Total notified amount and total underwritten amount were ₹34,000 crore each. Minimum underwriting commitment se
RBI Announces ₹34,000 Cr GS 2036 Auction
RBI will auction Government Security 2036 worth ₹34,000 crore on May 8, 2026 via underwriting. Minimum Underwriting Commitment and Additional Competitive Underwriting per Primary Dealer set at ₹810 cr
RBI VRR Auction: ₹75k Cr, 5.26% Cut‑off
RBI conducted a 4‑day Variable Rate Repo auction on May 7 2026 with ₹75,000 crore notified amount. Total bids received matched the allotment at ₹10,795 crore, indicating full subscription of the aucti
RBI Ops Absorb ₹2.65 Lakh Cr Liquidity
RBI reported total money market volume of ₹6.90 lakh crore on May 6, 2026, with weighted average rate 5.05% for overnight segment. Net liquidity from today's operations withdrew ₹2.72 lakh crore; over
HSBC India Services PMI Hits 58.8 in April
HSBC India Services PMI rose to 58.8 in April, marking the strongest expansion since November 2025 and a five-month high. Domestic demand fueled growth with new orders accelerating, while export order
RBI T-Bill Auction Allots ₹24,000 Cr
RBI auctioned 91‑day, 182‑day and 364‑day Treasury Bills totaling ₹24,000 crore, with full subscription across all tenors in the latest auction. Cut‑off price for 91‑day T‑Bill was 98.6983, yielding 5
RBI Releases Weekly Reserve Money Data
RBI issued a press release on May 6 2026 presenting reserve‑money figures for the week ended April 30 2026. The data were made available via an Excel file (SRM06052026.xlsx) on the RBI website for mar
RBI Treasury Bills Auction May 2026 Results
RBI held a full Treasury Bills auction on May 6 2026 for 91‑, 182‑ and 364‑day bills, notifying ₹12,000 cr, ₹6,000 cr each. Competitive bids reached ₹30,823.59 cr (91‑d), ₹14,347.59 cr (182‑d) and ₹10
RBI Launches ₹75,000 Cr VRR Auction
RBI will conduct a Variable Rate Repo auction on May 7, 2026 under the Liquidity Adjustment Facility. The auction offers a notified amount of ₹75,000 crore for a 4‑day tenor, with bidding window from
FADA April'26 Vehicle Retail Hits Record High
FADA reports best-ever April retail with 2.61M units, up 12.94% YoY, led by tractor growth at 23.22% and CVs at 15.02%. Rural demand outperformed urban across categories, with PV rural growth at 20.40
RBI Reports ₹6.8 Lakh Crore Overnight Volume
RBI reported total overnight money market volume of ₹6,79,956.33 crore at weighted average rate 5.03% on May 04, 2026. Call money volume ₹14,949.06 crore at 5.17% rate; Triparty repo ₹4,84,941.55 cror
RBI State Securities Auction Yields 7.35‑8.07%
RBI released full auction results for state government securities on May 5 2026 covering multiple states and tenors. Total notified amount across all issues was ₹18,600 crore with competitive bids tot
HSBC India Manufacturing PMI Rises to 54.7 in April
HSBC India Manufacturing PMI rose to 54.7 in April from 53.9 in March, marking the second-slowest improvement in operating conditions in nearly four years. Input costs increased at the fastest pace si
RBI Weekly: M3 Falls 1.7%, Liquidity Injection
RBI reported total foreign exchange reserves at ₹6.58 trillion (≈$698 bn) as of 24 Apr 2026, up ₹28.5 bn YoY. Money stock M3 declined 1.7% week‑on‑week to ₹31.47 trillion, driven by falls in demand an
RBI FX Reserves Fall 1.3% to $691.1bn
RBI issued its 46th half‑yearly report on foreign exchange reserve management covering October 2025 to March 2026. The report shows reserves fell from USD 700.09 billion at end‑September 2025 to USD 6
RBI Announces ₹18,600 Cr State Securities Auction
RBI announced auction of State Government Securities totaling ₹18,600 cr across five states on May 5 2026, with results same day. Auction includes new and re‑issued bonds with tenures up to 15 years,
RBI March 2026 Bank Credit +15.9% YoY
Non‑food bank credit expanded 15.9% YoY in the fortnight ending 31 Mar 2026, versus 10.9% in the same period last year. Credit to agriculture rose 15.7% YoY, industry 15.0% YoY, and services 19.0% YoY
RBI Announces ₹24,000 Cr Treasury Bill Auction
RBI scheduled auction of 91‑day, 182‑day, and 364‑day Treasury Bills totaling ₹24,000 crore. Auction to be price‑based using multiple price method, with electronic bidding via E‑Kuber on May 6, 2026.
RBI VRR Auction ₹100,000 Cr at 5.26%
RBI conducted a 4‑day Variable Rate Repo auction on April 30, 2026, offering ₹100,000 crore of liquidity to banks and financial institutions. Total bids received amounted to ₹25,715 crore, which were
RBI April 2026 SCB Lending Rate 8.40%
Weighted average lending rate on fresh rupee loans fell to 8.40% in March 2026, down from 8.44% in February. Weighted average lending rate on outstanding rupee loans marginally declined to 8.99% in Ma
India Services Trade March 2026
RBI released provisional March 2026 services trade data showing exports of $38.208 bn, up 7.2% YoY, and imports of $17.210 bn, down 1.6% YoY. February 2026 services exports fell 9.7% YoY to $34.708 bn
RBI Govt Stock Auction Yields 7.42% 7.72%
RBI announced auction of two government securities maturing 2040 and 2076 with total notified amount ₹29,000 crore. The 6.68% GS 2040 was fully subscribed at cut‑off price 93.59, yielding 7.4168% on t
Sovereign Gold Bond Series‑I Final Redemption ₹14,901
RBI announces final redemption of SGB 2018‑19 Series‑I on May 4 2026 at ₹14,901 per unit. Redemption price calculated as simple average of 999‑purity gold closing prices for April 28‑30 2026 published
RBI Announces ₹100,000 Cr VRR Auction
RBI scheduled a 4‑day Variable Rate Repo auction under the LAF for April 30, 2026, aiming to manage liquidity. The auction will offer ₹1,00,000 crore at a 4‑day tenor, with bidding window from 10:15 A
RBI Announces ACU Rates on ₹29,000 Bonds
RBI set cut‑off underwriting commission rates of 1.45 paise per ₹100 for 6.68% GS 2040 and 4.00 paise for 7.43% GS 2076. Total notified amount for the two securities is ₹29,000 crore, with each fully
RBI Money Market Volume 7.24 Lakh Cr
RBI reported total overnight money market volume of ₹7,24,394.18 crore with weighted average rate of 5.08% on April 29, 2026. Repo operations injected net liquidity of –₹2.14 trillion, while Standing
India FRB 2034 Rate Fixed 6.45%
RBI announces 6.45% per annum interest rate for Government of India Floating Rate Bond 2034 for Apr‑Oct 2026. The bond’s coupon base rate equals the average WAY of the last three 182‑day T‑Bill auctio
Sovereign Gold Bond Redemption Price ₹14,931
RBI announces premature redemption of SGB 2019-20 Series-VI on April 30, 2026, as per GOI notification. Redemption price set at ₹14,931 per unit, calculated as simple average of gold’s closing price (
RBI Launches May 2026 Rural Survey
RBI launched the May 2026 Rural Consumer Confidence Survey covering 31 states/UTs to gauge household expectations on the economy, employment, prices, income and spending. The survey is being conducted
India Govt Securities Underwriting Auction ₹29,000cr
RBI announced underwriting auction of ₹29,000 crore Government Securities on April 30, 2026. Issues offered – 6.68% GS 2040 (₹17,000 cr) and 7.43% GS 2076 (₹12,000 cr) with MUC and ACU of ₹405 cr and
RBI Launches May 2026 Consumer Confidence Survey
RBI has launched the May 2026 round of the Urban Consumer Confidence Survey covering 19 major Indian cities. The survey gathers household views on the economy, employment, price levels, income and spe
RBI Treasury Bills Auction ₹12,000 Cr Notified
RBI auctioned ₹12,000 crore 91‑day, ₹6,000 crore each 182‑day and 364‑day Treasury bills on 29‑Apr‑2026. Competitive bids totalled ₹24,095.62 cr (98.71% of notified) for 91‑day, with cut‑off yield 5.2
RBI Money Market Ops 7.18 Lakh Cr
RBI reported total overnight money market volume of ₹7,18,025.58 crore on April 28, 2026, with weighted average rate 5.05%. Today's MSF injected ₹2,682.00 crore at 5.50% and SDF ₹3,10,269.00 crore at
RBI T-Bill Auction Allotted ₹24,000 Cr
RBI auctioned 91‑, 182‑, and 364‑day Treasury Bills with a total face value of ₹24,000 crore, which were fully subscribed. Cut‑off prices were 98.7056 for 91‑day, 97.3315 for 182‑day, and 94.6650 for
RBI Launches May 2026 Household Inflation Survey
RBI launched May 2026 round of Inflation Expectations Survey of Households covering 19 Indian cities. Survey seeks qualitative price change views and quantitative inflation rates for current, three‑mo
RBI State Securities Auction April ₹14.5 Cr
RBI released full auction results for state government securities on April 28, 2026, covering 14,500 crore rupees across 10 states. Cut‑off yields ranged from 7.08% (Uttarakhand 3‑yr) to 7.83% (Assam
RBI Reports ₹2.75 Lakh Cr Liquidity Outflow
Overnight money market volume reached ₹7,09,237.80 cr with a weighted average rate of 5.01% across call, repo and corporate bond segments. Term segment activity recorded ₹304.30 cr notice money at 5.0
Supreme Court Mid-Day Meal Scheme Hearing Adjourned
• Supreme Court suo moto case regarding closure of Mid-Day Meal Scheme hearing adjourned to May 2026. • Multiple intervention applications and exemption requests filed by various parties in the matter
Google Breaks Ground on Vizag AI Hub
Google commenced construction on its $15 billion India AI hub in Visakhapatnam, developed in partnership with AdaniConneX and Nxtra by Airtel. The gigawatt-scale AI ecosystem includes three data cente
RBI Absorbs ₹2.91 Lakh Cr Liquidity
RBI's money market operations on April 26 showed net liquidity absorption of ₹2.91 lakh crore across repo, MSF, SDF, and SLF. Today's operations injected ₹3.15 lakh crore via SDF but overall net liqui
RBI Announces ₹29,000 Cr Government Securities Auction
RBI announced auction of two dated government securities totaling ₹29,000 crore, maturing in 2040 and 2076. Auction to be held on 30 April 2026 via multiple‑price method; settlement on 4 May 2026 with
SGB 2020-21 Series‑I Premature Redemption Price ₹15,124
RBI announces premature redemption of SGB 2020-21 Series‑I on April 28 2026, the first redemption after the fifth year. Redemption price set at ₹15,124 per unit, based on simple average of 999‑purity
RBI Money Market Operations Show Zero Volume
RBI reported zero volume in overnight and term money market segments on April 25, 2026, with no repo or call money activity. Liquidity Adjustment Facility injected -3,13,689 crore rupees, while net li
RBI Money Market Ops: ₹7.03 Lakh Cr
RBI reported total overnight money market volume of ₹7,03,167.60 crore on April 24, 2026, with weighted average rate 5.02% (range 2.98‑6.10%). Repo operations injected net liquidity of -₹3,46,252 cror
RBI Announces ₹14,500 Cr State Securities Auction
RBI announced an auction of State Government Securities totaling ₹14,500 crore across seven states on April 28, 2026. The auction includes new issues and re‑issues with tenors from 3 to 23 years; yiel
RBI Announces ₹24,000 Cr Treasury Bill Auction
RBI to auction total ₹24,000 crore of Treasury Bills across 91‑day, 182‑day, and 364‑day tenors. 182‑day and 364‑day bills will be auctioned on April 29 2026 with settlement on April 30 2026. Auction
RBI Releases Money Supply Data Fortnight
RBI released money supply statistics for the fortnight ending 15 April 2026, indicating current liquidity conditions. Press release issued under number 2026-2027/138, authored by Deputy General Manage
RBI Weekly Bulletin: Deposits Fall ₹581 bn
Aggregate deposits of scheduled commercial banks fell by ₹581,447 crore (‑2.2%) week‑on‑week, with demand deposits down ₹467,496 crore. Bank credit contracted by ₹438,864 crore (‑2.1%) week‑on‑week, l
RBI Govt Bond Auction Yields 6.03%-7.24%
RBI released full auction results for four government securities with a total notified amount of ₹32,000 crore. Competitive bids totalled ₹84,380.265 crore, surpassing the ₹32,000 crore notified amoun
RBI Underwriting Auction Secures ₹32,000 Cr Govt Bonds
RBI conducted an underwriting auction on April 24, 2026 for additional competitive underwriting of four government securities totaling ₹32,000 crore. Cut‑off commission rates for primary dealers range
RBI Announces Govt Stock Auction Cut‑off Prices
RBI released auction results for government securities maturing 2029, 2033, 2055, and new GOI SGRB 2056 on April 24, 2026. Total notified amount was ₹27,000 crore, fully subscribed with ₹27,000 crore
RBI Money Market Ops ₹6.82 Lakh Cr
Overnight money market volume hit ₹6.82 lakh crore, weighted average rate 5.12% within a 3.99‑6.35% range across all segments today. Net liquidity injected from today's and outstanding operations summ
India Private Sector Growth Accelerates in April
HSBC Flash India Composite PMI rose to 58.3 in April from 57.0 in March, indicating sharp private sector output growth acceleration. Manufacturing led the resurgence with output index jumping to 59.1
RBI Money Market Ops 6.71 Lakh Crore
RBI reported total overnight money market volume of ₹6,71,744.61 crore on April 22 2026, with a weighted average rate of 5.15%. Net liquidity injected from today's and outstanding operations amounted
RBI April 2026: CPI Up, Trade Gap
RBI Bulletin April 2026 includes monetary policy statement and article on State of the Economy highlighting modest CPI rise in March. Money market and bond yields eased after West Asia ceasefire, indi
RBI Announces ₹32,000 Cr Government Securities Underwriting Auction
RBI announced underwriting auction of ₹32,000 crore government securities on April 24, 2026, through a multiple price‑based method covering four issues. The issues comprise 6.03% GS 2029 and 6.68% GS 
RBI Publishes Reserve Money Data for Week
RBI released weekly Reserve Money figures for the week ending 15 April 2026, providing latest monetary aggregate data. The data, accessible via RBI’s website, is intended to inform market participants
RBI Money Market Ops 6.82 Lakh Crore
Overnight money market volume reached 6,81,678.98 crore rupees with a weighted average rate of 5.06% and a 2.00‑6.25% range. Net liquidity absorption across today's and outstanding operations totaled
RBI April T‑Bill Auction Yields 5.2‑5.6%
RBI released April 22 2026 auction results for 91‑day, 182‑day and 364‑day Treasury bills, each fully subscribed at ₹12 000 cr and ₹6 000 cr respectively. Cut‑off price and yields were 98.7165 (5.215%
RBI Treasury Bills Auction Yields 5.2%-5.6%
RBI announced full auction results for 91‑day, 182‑day, and 364‑day Treasury Bills on April 22 2026. Total notified amount was ₹12,000 cr for 91‑day, ₹6,000 cr each for 182‑day and 364‑day bills. Comp
RBI State GSec Auction Raises ₹16,900 Cr
RBI announced full subscription of ₹16,900 crore state government securities auction on April 21, 2026. Cut‑off yields ranged 7.54% (Telangana 7‑yr) to 7.84% (Punjab 12‑yr), plus 7.8205% re‑issue for
RBI Money Market Operations Show 6.65 Lakh Cr Volume
RBI reported total overnight money market volume of ₹6,64,995.81 crore with a weighted average rate of 4.96% on April 20, 2026. Net liquidity injected from today's and outstanding operations amounted
RBI State Securities Auction Yields 7.5%-7.8%
RBI auctioned State Government Securities on April 21, 2026 across four states totaling ₹16,900 cr notified amount. Weighted average yields varied between 7.52% and 7.82% with cut‑off yields around 7.