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RBI outlines forex swap windows for FCNR(B), ECB and OFCB inflows

Business

RBI outlines forex swap windows for FCNR(B), ECB and OFCB inflows

The Reserve Bank of India has set out the timelines for its special USD-INR Forex Swap facility covering inflows through FCNR(B) deposits, External Commercial Borrowings and Overseas Foreign Currency Borrowings. The facility opened on June 08, 2026, with separate closing dates for deposit and borrowing-related inflows.

24 Aug 2026

Education Ministry budget rises 8.27% as school education gets ₹83,562 crore

Education

Education Ministry budget rises 8.27% as school education gets ₹83,562 crore

The Education Ministry’s allocation for FY 2026-27 has increased 8.27% over BE 2025–26. The Department of School Education & Literacy will receive ₹83,562 crore, its highest-ever allocation, while higher education has been allocated ₹55,727.22 crore, according to figures released by the Ministry of Education.

24 Aug 2026

PNG shift: LPG connections may be cancelled where pipeline gas is available

Useful

PNG shift: LPG connections may be cancelled where pipeline gas is available

The Petroleum Ministry has directed states and Union territories to encourage PNG use in areas where pipeline networks are already available. Customers who do not take a PNG connection after receiving notice may have their LPG cylinder connection cancelled under the reported 2026 orders, ending the option to keep both connections.

24 Aug 2026

Twenty-two former captains urge Pakistan PM to ensure Imran Khan’s medical care

Lifestyle

Twenty-two former captains urge Pakistan PM to ensure Imran Khan’s medical care

Sunil Gavaskar, Kapil Dev and other former international captains have written to Pakistan Prime Minister Shehbaz Sharif over the treatment of jailed former premier Imran Khan. The cricket figures are seeking an independent medical board, access for Khan’s private doctor and weekly family visits in line with a Supreme Court order.

24 Aug 2026

Weather alert for 23 August: Rain, thunderstorms and strong winds forecast across 19 states

India

Weather alert for 23 August: Rain, thunderstorms and strong winds forecast across 19 states

The weather department has issued rain and thunderstorm warnings for 23 August across Delhi, Uttar Pradesh, Bihar and several other parts of India. Strong winds may reach 50 to 60 kilometres per hour in some areas, while separate forecasts mention speeds of up to 70 kilometres per hour. Mountain districts also face rain-related travel difficulties.

23 Aug 2026

Ladakh water security plan proposes ₹56+ crore for 36 check dams

Trending

Ladakh water security plan proposes ₹56+ crore for 36 check dams

A ₹56+ crore proposal outlines 36 check dams across Leh and Kargil, including rock structures along the Sindhu River and RCC dams on the Suru River. The plan is intended to support irrigation across 18,600+ acres, capture snow and glacier meltwater, and build on successful pilot dams in Ladakh.

23 Aug 2026

Bank fee or unauthorised debit dispute? Use the RBI complaint process after 30 days

Business

Bank fee or unauthorised debit dispute? Use the RBI complaint process after 30 days

Customers disputing incorrect charges, unauthorised debits or unresolved digital payment problems must first complain to their bank or financial institution. If there is no response within 30 days, or the reply is unsatisfactory, they can approach the Reserve Bank of India’s ombudsman system within the applicable deadline.

23 Aug 2026

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