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RBI cancels licences of 5 NBFCs, 8 others surrender registrations

The Reserve Bank of India (RBI) on Thursday cancelled the certificates of registration of five non-banking financial companies (NBFCs), while eight other NBFCs surrendered their registrations for various reasons, the central bank said in a release.

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RBI cancels licences of 5 NBFCs, 8 others surrender registrations

The RBI cancelled the licences of Dar's Financial Services, Rolta Holding and Finance Corporation, Vasudeo Securities, Parsoli Corporation and A C Choksi Financial Services.

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RBI cancels licences of 5 NBFCs, 8 others surrender registrations

Separately, Anupam Mercantile, Grand Motor and Finance, Sky Limit International Finance and ASA International India Microfinance surrendered their licences after exiting the Non-Banking Financial Institution (NBFI) business.

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RBI cancels licences of 5 NBFCs, 8 others surrender registrations

Shivam Securities Pvt Ltd and April Investment and Finance Pvt Ltd surrendered their licences after ceasing to be legal entities due to amalgamation, merger, dissolution or voluntary strike-off, the RBI said.

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RBI cancels licences of 5 NBFCs, 8 others surrender registrations

Anagram Industries surrendered its licence after meeting the criteria prescribed for an unregistered Core Investment Company (CIC) that does not require registration.

CDN Finance surrendered its licence after meeting the criteria prescribed for an unregistered Type I NBFC that does not require registration, according to the RBI release.

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Government dissolves 37-year-old Digital Communications Commission

The government has notified the dissolution of the Digital Communications Commission, an apex inter-departmental decision-making body at the Department of Telecom formed around 37 years ago to decide on policy matters and subjects with significant financial implications.

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Government dissolves 37-year-old Digital Communications Commission

Formed in 1989 as the Telecom Commission, it was renamed as the Digital Communications Commission in 2018.

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Government dissolves 37-year-old Digital Communications Commission

"The Government of India has decided that the Digital Communications Commission be dissolved. Now, therefore, with effect from the date of publication of this resolution, the Digital Communications Commission shall stand dissolved," a notification dated September 19 said.

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Government dissolves 37-year-old Digital Communications Commission

The apex decision-making body comprising senior officials from NITI Aayog, the Finance Ministry, the Department of Industrial Policy and Promotion and other departments helped resolve contentious issues. The Commission firmed up decisions on the majority of telecom matters before they were sent to the Cabinet for final approval.

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Government dissolves 37-year-old Digital Communications Commission

The Commission helped in taking decisions on matters like spectrum price and recommendations by the Telecom Regulatory Authority of India.

The body held its last meeting on September 3, where it firmed up the decision on satcom spectrum.

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Government dissolves 37-year-old Digital Communications Commission

Elon Musk-led Starlink, Bharti Group-backed Eutelsat OneWeb and Reliance Industries Ltd's Jio Satellite Communications have received permission to start satcom services in India.

The services, however, cannot be rolled out without spectrum allocation and the second stage of security clearance from security agencies.

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Government dissolves 37-year-old Digital Communications Commission

The DCC has approved the majority of suggestions given by the telecom regulator Trai. Its recommendation on satcom spectrum now has to be approved by the cabinet.

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Ministry of health launches 7th National Formulary of India, announces biovigilance programme

Union Minister of State for Health & Family Welfare and Chemicals & Fertilizers, Smt. Anupriya Patel, launched the 7th Edition of the National Formulary of India (NFI), the Guidance Document for Hospitals in India for Safety Monitoring and Reporting of Medical Device-Related Adverse Events,

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Ministry of health launches 7th National Formulary of India, announces biovigilance programme

and the ADR-PvPI 2.0 Mobile App for iOS users at the 6th National Pharmacovigilance Week programme organised by the Indian Pharmacopoeia Commission (IPC) at Dr. Ambedkar International Centre, New Delhi. The 7th Edition of the NFI has also been made available digitally through NFI Online.

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Ministry of health launches 7th National Formulary of India, announces biovigilance programme

The 6th National Pharmacovigilance Week, being observed from 17–23 September 2026, carries the theme “Promoting Rational Use of Medicines through Pharmacovigilance: A Step Towards Safer Healthcare.” The programme brought together senior government officials, regulators, healthcare professionals, academicians, researchers and other stakeholders working to

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Ministry of health launches 7th National Formulary of India, announces biovigilance programme

The Minister highlighted the role of the Pharmacovigilance Programme of India (PvPI), coordinated by the National Coordination Centre at IPC, in systematically collecting, assessing and analysing adverse drug reaction information.

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Ministry of health launches 7th National Formulary of India, announces biovigilance programme

She also acknowledged the contribution of the Materiovigilance Programme of India (MvPI) in monitoring adverse events associated with medical devices.

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Ministry of health launches 7th National Formulary of India, announces biovigilance programme

Under the programme, IPC will play a lead role in strengthening the reporting, assessment, monitoring and prevention of adverse events associated with medicines and biological products used in organ and tissue transplantation, including products administered to donors and recipients.

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Ministry of health launches 7th National Formulary of India, announces biovigilance programme

Together, the pharmacovigilance, materiovigilance and biovigilance initiatives will strengthen safety monitoring across medicines, medical devices and transplant procedures.

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First under Samudra Manthan: ONGC strikes gas in Mahanadi offshore

In a major breakthrough for India's deepwater exploration programme, state-run Oil and Natural Gas Corporation (ONGC) has struck gas in the deep waters of the Mahanadi Basin off the Odisha coast, recording encouraging flow and sustained reservoir pressure.

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First under Samudra Manthan: ONGC strikes gas in Mahanadi offshore

ONGC announced that it made the discovery on September 18 at the MN-DW18-1-H-D well, which was drilled to a target depth of 1,623 metres. This was the first well the company drilled in the basin under the government’s Samudra Manthan initiative, the national offshore exploration mission.

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Four High Courts get 14 judges, including Delhi

As many as 14 judges were on September 19, 2026 appointed to four high courts, including Delhi.

According to separate law ministry notifications, two judges and five additional judges have been appointed to the Delhi High Court while one judge has been appointed to the Jammu and Kashmir and Ladakh High Court.

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Four High Courts get 14 judges, including Delhi

Three judges have been appointed to the Jharkhand High Court and three additional judges to the Karnataka High Court.

Judicial officers and advocates are appointed as judges of high courts.

Additional judges are usually appointed for a period of two years before being elevated as judges or what is popularly called as permanent judges.

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Mirabai Chanu's wait for Asiad medal ends with silver win in Aichi-Nagoya

Mirabai Chanu finally ended her long wait for an Asian Games medal, winning silver in the women's 49kg weightlifting event at the Aichi-Nagoya Asian Games on Wednesday. The Olympic silver medallist lifted a combined 198kg to finish second behind North Korea's Ri Song Gum, who claimed the gold medal.

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Mirabai Chanu's wait for Asiad medal ends with silver win in Aichi-Nagoya

Chanu's silver marks her first podium finish at the Asian Games after she missed out in her previous two appearances. She finished ninth at the 2014 Incheon Games and was forced to miss the 2018 edition because of injury, before narrowly missing a medal with a fourth-place finish at Hangzhou in 2023.

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Mirabai Chanu's wait for Asiad medal ends with silver win in Aichi-Nagoya

Chanu made her Asian Games debut at Incheon in 2014, finishing ninth in the women's 48kg category. She missed the 2018 Jakarta Games because of a back injury, before returning at Hangzhou in 2023, where she finished fourth in the 49kg event.

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Mirabai Chanu's wait for Asiad medal ends with silver win in Aichi-Nagoya

The Hangzhou campaign ended in disappointment after Chanu competed despite a thigh injury. The result left her without an Asian Games medal despite having already established herself as one of India's most successful weightlifters on the global stage.

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Mirabai Chanu's wait for Asiad medal ends with silver win in Aichi-Nagoya

Her record includes an Olympic silver medal, a World Championships gold and three Commonwealth Games gold medals. The Asian Games, however, had remained unfinished business.

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Mirabai Chanu's wait for Asiad medal ends with silver win in Aichi-Nagoya

That changed in Aichi-Nagoya. Chanu's silver also ended India's 28-year wait for a weightlifting medal at the Asian Games. Karnam Malleswari was the last Indian weightlifter to stand on the podium at the continental Games, winning silver in the 63kg category at Bangkok in 1998.

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Mirabai Chanu's wait for Asiad medal ends with silver win in Aichi-Nagoya

The Aichi-Nagoya medal comes after another successful season for Chanu. She won her third consecutive Commonwealth Games gold earlier this year, lifting 190kg in Glasgow with an 85kg snatch and a 105kg clean and jerk.

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Mirabai Chanu's wait for Asiad medal ends with silver win in Aichi-Nagoya

The Asian Games presented a different challenge, with Chanu competing against some of Asia's leading lifters in the 49kg category. North Korea's Ri Song Gum won gold, while Chanu secured silver with her 198kg total.

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PM Narendra Modi inaugurates International Conference on “The Future of Environment and Climate Dynamics”

Prime Minister Shri Narendra Modi inaugurated the International Conference on “The Future of Environment and Climate Dynamics” today at Vigyan Bhawan in New Delhi.

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PM Narendra Modi inaugurates International Conference on “The Future of Environment and Climate Dynamics”

Detailing the massive adoption of green vehicles, the Prime Minister highlighted a staggering 950-fold increase in Electric Vehicles, jumping from under three thousand sales before 2014 to roughly 25 lakh last year.

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PM Narendra Modi inaugurates International Conference on “The Future of Environment and Climate Dynamics”

He also pointed out that the modern FASTag system on highways and expressways has drastically reduced fuel wastage by minimizing wait times at toll booths. "India is embracing this opportunity of the EV revolution with full force,” noted Shri Modi.

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PM Narendra Modi inaugurates International Conference on “The Future of Environment and Climate Dynamics”

Showcasing the sweeping modernization of public transport infrastructure, the Prime Minister contrasted the meager five-city, 250-kilometer metro network of 2014 with today's expansive system operating in over 20 cities.

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PM Narendra Modi inaugurates International Conference on “The Future of Environment and Climate Dynamics”

"India has joined the ranks of those countries in the world that have a metro network of more than a thousand kilometers,” asserted Shri Modi. Among the G-20, India is the only country to have met the commitments made at the COP-21 Summit in Paris ahead of time: PM

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Fitch raises India's FY27 GDP growth projections to 6.9% on strong growth

Fitch Ratings on Wednesday raised India's GDP growth forecast for the current fiscal year to 6.9 per cent, from 6.4 per cent, citing strong economic growth in the June quarter and overall economic resilience.

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Fitch raises India's FY27 GDP growth projections to 6.9% on strong growth

According to Fitch, India's economic momentum is likely to moderate over the remaining fiscal year, prompting the Reserve Bank of India (RBI) to increase interest rates by 0.25 per cent in its October monetary policy meeting.

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Fitch raises India's FY27 GDP growth projections to 6.9% on strong growth

A growth rate of 7.8 per cent in the June quarter indicates that the "Indian economy has shown resilience in the face of the shock from the US-Iran war, despite the strong terms-of-trade deterioration seen in the first half of 2026," Fitch said.

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Fitch raises India's FY27 GDP growth projections to 6.9% on strong growth

It said that PMI survey data point to a slower pace of expansion in both manufacturing and services; below-normal monsoon rains will weigh on growth in agriculture and rural demand; and rising inflation will constrain real incomes and consumer dynamics.

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Fitch raises India's FY27 GDP growth projections to 6.9% on strong growth

Private investment prospects look more buoyant, and we expect investment to rise by more than 10 per cent; non-food credit growth reached 19 per cent yoy in July.

Overall GDP growth will be 6.9 per cent (revised up from 6.4 per cent in June), Fitch added.

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Fitch raises India's FY27 GDP growth projections to 6.9% on strong growth

Given the combination of strong demand, price rises, and adverse supply developments, we expect the RBI to raise rates by 25 bp in October this year to 5.5 per cent. We then expect a further rise to 5.75 per cent in early 2027 and then for rates to ease back to 5.5 per cent in 2028.

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Fitch raises India's FY27 GDP growth projections to 6.9% on strong growth

Earlier on Wednesday, S&P Global Ratings projected India's FY'27 GDP growth at 7 per cent -- the same rate Moody's Ratings projected last week.

The Indian economy grew at 7.8 per cent in the previous fiscal year (2025-26).

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ISRO-ESA broaden co-operation agreement to include human and robotic exploration

The Indian Space Research Organisation (ISRO), apart from extending its long-standing cooperation agreement with the European Space Agency (ESA), has included space weather along with human and robotic exploration to the package.

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ISRO-ESA broaden co-operation agreement to include human and robotic exploration

The heads of the two space agencies — ISRO Chairperson Dr V. Narayanan and ESA Director General Josef Aschbacher — met on the sidelines of the International Space Summit, which was held on September 9-10 in Paris, to sign documents extending their long-standing cooperation agreement for a further five years, until January 8, 2032.

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ISRO-ESA broaden co-operation agreement to include human and robotic exploration

ESA said that the cooperative agreement between the two agencies came into effect in January 2002. They have previously worked together on a range of programmes and initiatives spanning Earth observation, satellite navigation, space science, and mission operations support.

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ISRO-ESA broaden co-operation agreement to include human and robotic exploration

The partnership between ISRO and ESA has delivered tangible benefits for India and Europe, and has demonstrated the value of international cooperation in advancing space activities. The renewal of this agreement reflects the shared ambition of ISRO and ESA to pursue innovation and scientific progress for the benefit of our societies

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ISRO-ESA broaden co-operation agreement to include human and robotic exploration

ISRO and ESA have also recognised the growing importance of the sustainability of outer space activities.

On September 9, ESA officials had told The Hindu that the European agency expressed interest in exploring co-operation with ISRO in human space flight, lunar & Venus missions, during a meeting with Indian delegation at the International Space Summit.

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Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY)

Minerals are a vital national resource. Their extraction generates revenue, supports industries, and creates employment. Yet the districts that host mines often carry high costs. Displacement, pollution and loss of traditional livelihoods weigh on the people living there.

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Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY)

India has built a dedicated mechanism to return a share of mining revenue to these communities. This framework operates through District Mineral Foundations (DMFs). DMFs collect statutory contributions from holders of mining leases.

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Cardiologist G. Vijayaraghavan passes away

G. Vijayaraghavan, renowned cardiologist and founding director and vice-chairperson of KIMS HEALTH, passed away. He was 84. In recognition of his contributions to the health-care sector, the nation honoured him with the Padma Shri award in 2009.

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Cardiologist G. Vijayaraghavan passes away

He served as the institution’s vice-chairperson and led its Cardiology department for over two decades. He also established the hospital’s academic division and as its Dean, spearheaded extensive academic and research initiatives, including the launch of more than twenty Diplomate of National Board (DNB) courses.

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Cardiologist G. Vijayaraghavan passes away

A native of Kollam, he obtained his medical degree from the Thiruvananthapuram Medical College in 1964 and an MD in General Medicine in 1969. He pursued his studies at Christian Medical College, Vellore, obtaining a DM in Cardiology in 1973, and subsequently began his career as an Associate Professor at Thiruvananthapuram Medical College.

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Cardiologist G. Vijayaraghavan passes away

In 1976, he conducted research on endomyocardial fibrosis through a collaboration between the Thiruvananthapuram Medical College and Brompton Hospital in London. He played a pivotal role in establishing the country’s first 2D echocardiography laboratory in 1980.

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Cardiologist G. Vijayaraghavan passes away

From 1984 onwards, he served as a university guide for PhD research in Cardiology at the University of Kerala. His research findings have been published in various journals, including international ones. He is also a co-author of a book on Doppler echocardiography and has authored several other books in the health-care field.

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Cardiologist G. Vijayaraghavan passes away

He has been honoured with lifetime achievement awards by the Indian Academy of Echocardiography, the Indian College of Cardiology and the Cardiological Society of India. He received honorary fellowships from global medical organisations such as the Royal College of Physicians and the American College of Cardiology.

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International Day of Sign Languages | 23 September

International Day of Sign Languages (IDSL) is celebrated annually across the world on 23 September, taking place during International Week of the Deaf.

The day was established by the United Nations General Assembly and first celebrated in 2018. September 23rd was chosen as the day on which the World Federation of the Deaf was established in 1951.

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International Day of Sign Languages | 23 September

The resolution establishing the IDSL references the 2006 UN Convention On The Rights Of Persons With Disabilities (CRPD) and its call to "recognize, accept and promote the use of sign languages" as a major factor in establishing the day of observance.

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International Day of Sign Languages | 23 September

The 2026 International Day of Sign Languages calls for action to make deaf people’s human rights a reality in all areas of life. Under the theme “Declaring Deaf People’s Human Rights”, the Day highlights the importance of recognising, protecting and promoting these rights, including full access through national sign languages.

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International Day of Sign Languages | 23 September

This is also the theme for the International Week of Deaf People, which is observed from 21 to 27 September 2026 with daily sub-themes.

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72nd National Film Awards

The 72nd National Film Awards honour achievements in Indian cinema for the year 2024. The winners were announced on 18 July 2026 by the chairpersons of the three juries. The President of India presented the awards on 22 September 2026 at Ekta Nagar (formerly Kevadia), in Gujarat.

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72nd National Film Awards

Instituted in 1954, they are conferred every year by the Ministry of Information and Broadcasting. Over seven decades, the awards have recognised outstanding creative and technical achievement in Indian filmmaking. They cover three fields, namely feature films, non-feature films and writing on cinema.

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RBI issues Directions on Minimum Capital Requirements for Market Risk under Basel III for Commercial Banks

Accordingly, the Reserve Bank of India has today issued the Reserve Bank of India (Commercial Banks - Minimum Capital Requirements for Market Risk) Directions, 2026.

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RBI issues Directions on Minimum Capital Requirements for Market Risk under Basel III for Commercial Banks

The Directions aim to align the market risk guidelines with the revised Basel III framework, as part of RBI's adoption of the Basel standards, while ensuring simplicity of regulations, and providing flexibility, and ease of adoption. The Directions will take effect from April 1, 2027, ensuring sufficient lead time for banks.

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