RBI adds four PSUs to NBFC upper layer; Tata Sons stays
The Reserve Bank of India added REC, PFC, IRFC and HUDCO to its NBFC-Upper Layer list for FY27, subjecting them to bank-grade regulations. The revised list, released on August 6, marks the…
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Official India: RBI, SEBI, and government announcements, decoded into plain English.
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Flash floods hit Kashmir after heavy rain, IMD warns
Heavy rain caused flash floods in parts of Kashmir on Friday, with districts Budgam, Baramulla and Bandipora hit hardest. The Indian Meteorological Department (IMD) has forecast widespread light to moderate rainfall over…
Cabinet extends PM-KISAN scheme for 5 years, ₹3.15 lakh crore
The Union Cabinet on Friday approved the extension of the PM-KISAN scheme for five years, from 2026-27 to 2030-31, with a total outlay of ₹3,15,614 crore. The scheme provides ₹6,000 per year…
President Murmu confers awards, pushes e-commerce for handloom
President Droupadi Murmu conferred the Sant Kabir Handloom Awards and National Handloom Awards 2025 on National Handloom Day. Two Kashmiri master weavers, Manzoor Ahmad Hajam and Fayaz Ahmad Wani, received the National…
JKEDI holds startup mentoring for 43 J&K ventures
Greater Kashmir reports that the Jammu & Kashmir Entrepreneurship Development Institute (JKEDI) organised a three-day startup mentoring and orientation session from August 5 to 7 at its Pampore campus. Prof Sunil Handa…
India amends FDI rules to aid e-commerce for MSMEs, artisans
Mathrubhumi reports that India has amended its FDI rules to facilitate large-scale e-commerce, a move the Centre says will help MSMEs, artisans, farmers and fishermen reach larger domestic and global markets. Union…
Power dept team attacked during anti-theft raid in Odisha’s Mayurbhanj
An enforcement team of the Power Department was attacked during an anti-power theft raid in Udala, Mayurbhanj district, late Thursday night. The squad conducted a surprise inspection at Chittaranjan Nayak's farmhouse in…
Bengal to review land leased out under previous TMC regime
The West Bengal Land and Land Revenue Department will review the utilisation status of land given on leasehold to private entities during the previous Trinamool Congress regime. The Hans India reports the…
Malkajgiri civic body to collect sacred waste on August 8
Malkajgiri Municipal Corporation (MMC) will hold a sacred waste collection drive, Project Udvasana, on August 8 across temples in Malkajgiri, Uppal, and LB Nagar zones, telanganatoday.com reports. Citizens can deposit old idols…
Gig workers face hidden health crisis from skipped meals
The Karnataka High Court declined to stay a law creating a welfare fund for app-based workers, but directed platforms like Zomato and Swiggy to deposit disputed fees since no scheme has been…
