Chennai, Dec 23 (UNI) Leading PSU Bank of India has raised funds through issue of Long Term Infrastructure bonds of Rs.10,000 crore at 7.23% p.a, today through NSE Electronic Bidding Provider Platform. The Base Issue size was Rs.5,000 crore with Green Shoe option of Rs.5,000 crore. The bank received total of 83 bids amounting to…
New Delhi, Dec 23 (UNI) In a bid to inject liquidity in the banking system, the Reserve Bank of India (RBI) on Tuesday announced a series of measures, including open market operations (OMOs) worth Rs 2 lakh crore and a USD 10 billion dollar-rupee swap. The central bank said it would conduct OMO purchase auctions…
Mumbai, Dec 23 (UNI) The Adani Group has officially announced that the board of Ambuja Cements has approved the amalgamation of its subsidiaries ACC Ltd and Orient Cement with the company to create a larger cement company. The transaction will be entirely share-based, with no cash payout. ACC shareholders will receive 328 Ambuja shares of…
New Delhi, Dec 23 (UNI) In a decisive move to ensure adequate liquidity and maintain stability in financial markets, the Reserve Bank of India (RBI) on Tuesday announced a comprehensive set of measures to inject liquidity into the banking system. The central bank said it will deploy a mix of open market bond purchases and…
New Delhi, Dec 23 (UNI): The fiscal position of both the Centre and the States remained resilient in the first half of 2025-26, with governments containing revenue expenditure while sustaining capital spending, according to a half-yearly review published in the Reserve Bank of India (RBI) Bulletin for December, 2025. The review notes that the Centre…
New Delhi, Dec 23 (UNI) The Election Commission on Tuesday published the draft electoral rolls for Kerala, Madhya Pradesh, Chhattisgarh, and the Andaman and Nicobar Islands. This release marks a critical step in the periodic SIR process, designed to ensure that the nation’s voter database remains current and error-free. To ensure transparency and widespread availability,…
New Delhi, Dec 23 (UNI) A controversy has erupted in the national capital after a video purpotedly showing a BJP councillor admonishing a foreign national of African origin in a public park went viral on social media. The incident has put BJP councillor Renu Chaudhary, elected from Patparganj, at the centre of a heated debate…
New Delhi, Dec 23 (UNI) Emphasising the need for military readiness across multiple conflict scenarios, Chief of Defence Staff General Anil Chauhan on Tuesday said India must be prepared to fight short-duration, high-intensity wars to effectively deter terrorism. The General also stressed that the country must maintain readiness for a land-centric, prolonged conflict due to…
New Delhi, Dec 23 (UNI) Days after seven elephants were killed after colliding with Sairang-New Delhi Rajdhani Express causing derailment of five coaches in Assam’s Hojai, the Indian Railways has deployed Artificial Intelligence (AI) enabled Intrusion Detection System (IDS) using Distributed Acoustic System (DAS) for detecting presence of elephants on tracks. In a statement, the…
New Delhi, Dec 23 (UNI): The winter session of the Delhi Legislative Assembly will be held from January 5 to January 8 next year, Chief Minister Rekha Gupta announced on Tuesday. She said the duration of the session could be extended if required, adding that the government would facilitate detailed discussions on various public welfare…
