Business

Mumbai; March 2026: Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹20,000 crore (face value). The security-wise details of the conversion/switch are given as under: The market participants are required to place their bids in Reserve Bank of India Core Banking Solution (e-Kuber) giving the amount of the source security and the price of the source and destination security expressed in Indian Rupees up to two decimal places. The auction will be…

New Delhi, March 2026 : India’s largest private sector lender, HDFC Bank, has announced a key change in the way cash withdrawals are counted, stating that UPI-based cardless cash withdrawals will now be included within customers’ monthly free ATM transaction limits. The revised policy will come into effect from April 1, the bank said in an official communication to its account holders. Under the new framework, cardless cash withdrawals made through UPI-enabled ATMs will no longer be treated as a…

Union Minister Shri Pralhad Joshi Commends CWC’s Contribution to India’s Food Security and Logistics Development on its 70th Foundation Day Union Minister for Consumer Affairs, Food & Public Distribution, Shri Pralhad Joshi, inaugurated the 70th Foundation Day of Central Warehousing Corporation and congratulated the Central Warehousing Corporation (CWC) on completing 70 years of service to the nation and lauded its significant contribution towards strengthening India’s food security framework, warehousing infrastructure and logistics development. Addressing the 70th Foundation Day celebrations in New Delhi,…

New Delhi, March 2026 : Qatar Airways has temporarily suspended all flight operations following the closure of Qatari airspace, as escalating military tensions across the Middle East raise serious concerns over aviation safety and regional stability. The airline said services would remain halted until authorities confirm that conditions are safe for flights to resume. In a statement posted on X, Qatar Airways said its operations would restart only after the Qatar Civil Aviation Authority announces the safe reopening of national…

Mumbai; March 2026: SEBI is pushing banks and other regulators to tighten enforcement of insider-trading rules, in particular safeguarding unpublished price sensitive information, Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India (SEBI) speaks during an interview at the SEBI headquarters in Mumbai said. While moving ahead in the footsteps of previous years, SEBI has taken action in the past year against officials of the country’s electricity regulator and executives at Indian lender IndusInd Bank, and sent…

February 2026: REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, handed over a project specific SPV (Special Purpose Vehicle) of InSTS Transmission Project of Maharashtra under TBCB route viz, Umred Power Transmission Limited to the successful bidder i.e. M/s Maharashtra State Electricity Transmission Company Limited on 26th February 2026. M/s Maharashtra State Electricity Transmission Company Limited emerged as the successful bidder through Tariff-Based Competitive Bidding (TBCB) process conducted…

Space cyber security, including Satellite Communication systems, is of paramount importance to India’s space architecture. These systems serve as vital enablers of connectivity across remote and strategic regions, support national security operations, strengthen disaster response mechanisms, facilitate navigation and broadcasting services, and underpin a wide spectrum of economic activities essential to the nation’s growth and resilience. The Indian Computer Emergency Response Team (CERT-In), under the Ministry of Electronics and Information Technology (MeitY), Government of India in collaboration with SIA-India has…

Soon People across the country will be able to locate nearest verified Aadhaar Centres and check available services The Unique Identification Authority of India (UIDAI) and Google have joined hands to enable the display of authorised Aadhaar centres on Google Maps, a move that will enhance ease of access and convenience for residents across the country. The initiative will help residents identify Aadhaar Centres based on the nature of services offered, like adult enrolment, child enrolment or only address and…

New Delhi, Feb 2026 : The Indian steel and metals sector on Wednesday mourned the passing of Jatinder Mehra, a towering figure whose death marks the end of an era in the country’s metals and mining industry. With a professional journey spanning more than six decades, Mehra was widely admired for his deep technical expertise, strategic foresight, and rare ability to translate ambitious visions into successful, large-scale industrial realities. Mehra most recently served as Vice Chairman of the Metals and…

Mumbai; February 2026: The Reserve Bank of India (RBI) has, by an order dated 16th February 2026, imposed a monetary penalty of Rs. 38.60 lakhs (Rupees Thirty Eight Lakh Sixty Thousand only) on UCO Bank (the bank) for non-compliance with certain directions issued by RBI on ‘Periodicity of payment of interest on savings deposits’, ‘Locker Rent’ and ‘Credit Information Reporting in respect of Self Help Group (SHG) members’.  This penalty has been imposed in exercise of powers conferred on RBI…