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Honda Cars India Sells 7,585 PVs In March 2026

Mumbai, April 1 -- Honda Cars India (HCIL), a leading manufacturer of passenger vehicles, has recorded domestic sales of 7,585 units in March 2026, up 5 percent YoY, as compared to the 7,228 units sol... Read More


VE Commercial Vehicles Surpasses 100,000 Annual Sales Milestone In FY2026

Mumbai, April 1 -- VE Commercial Vehicles (VECV), the joint venture between Volvo Group and Eicher Motors, has announced sales of 103,495 vehicles in FY2026, up 14.8 percent YoY, as against 90,161 uni... Read More


Royal Enfield Sales Crosses 1.2 Million Units In FY2026

Mumbai, April 1 -- Chennai-based mid-sized motorcycle manufacturer Royal Enfield has achieved its highest annual sales to date, surpassing 1.2 million units in the financial year ending 31 March 2026.... Read More


Renault India Clocks 11% Wholesales Growth In FY2026

Mumbai, April 1 -- Renault India, a subsidiary of the Renault Group, has announced its domestic wholesales of 5,046 units in March 2026, which marks a 77 percent growth compared to the 2,846 units sol... Read More


GOVERNMENT AND PRIVATE SECTOR WORKING TOGETHER TO BACK FAMILIES AND SMALL BUSINESSES

CANBERRA, ACT, April 1 -- The Treasurer of Australia issued the following media release: The Albanese Labor Government is working with the business and finance sectors to help ease the pressure on Au... Read More


INTERVIEW WITH KIERAN GILBERT, NEWSDAY, SKY NEWS

CANBERRA, ACT, April 1 -- The Treasurer of Australia issued the following transcript: Note Subjects: support for small business, May Budget, resource taxes, fuel excise, Donald Trump Kieran Gilbert... Read More


PRESS CONFERENCE, PARLIAMENT HOUSE, CANBERRA

CANBERRA, ACT, April 1 -- The Treasurer of Australia issued the following transcript: Note Subjects: government and private sector steps to help families and small businesses, Treasury economic mode... Read More


APRA IMPOSES ADDITIONAL LICENCE CONDITIONS ON FIDUCIAN

SYDNEY, April 1 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) has imposed additional licence conditions on Fi... Read More


APRA GRANTS NEW GENERAL INSURANCE LICENCE TO EUROP ASSISTANCE AUSTRALIA

SYDNEY, April 1 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) has granted Europ Assistance Australia Pty Ltd ... Read More


MASTER DIRECTION ON INCENTIVES FOR CURRENCY DISTRIBUTION AND EXCHANGE AND PENALTIES / PENAL PROVISIONS FOR BANK BRANCHES AND CURRENCY CHESTS FOR DEFICIENCY IN RENDERING CUSTOMER SERVICE AND REPORTING OF TRANSACTIONS / BALANCESTABLE OF CONTENTSSR. NO.NATURE OF SERVICEPARTICULARS OF INCENTIVES/ SERVICE CHARGES1.11.21.31.41. PENALTIES FOR BANK BRANCHES FOR DEFICIENCY IN RENDERING CUSTOMER SERVICESR. NO.NATURE OF IRREGULARITYPENALTY1.11.22. PENALTIES FOR ATM CASH-OUTSR. NO.NATURE OF IRREGULARITYPENALTY2.13. PENALTIES FOR DEFICIENCY IN OPERATIONS OF CCSSR. NO.NATURE OF IRREGULARITYPENALTY3.13.2CPMPENALTYCPM < 5100% OF NOTIONAL VALUE OF COUNTERFEIT NOTES5 ≤ CPM < 20150% OF NOTIONAL VALUE OF COUNTERFEIT NOTESCPM ≥ 20200% OF NOTIONAL VALUE OF COUNTERFEIT NOTES3.33.43.53.6SR. NO.NATURE OF IRREGULARITYPENAL PROVISIONS1.SR. NO.NATURE OF IRREGULARITYPENAL PROVISIONS1.TYPE OF EXPENDITURE CLAIMEDPERIODAMOUNT CLAIMED (INCLUSIVE OF TAXES) (A)AMOUNT REIMBURSED (INCLUSIVE OF TAXES) 50% OF (A)REVENUE COST1ST YEAR₹15 LAKH₹7.5 LAKH2ND YEAR₹16 LAKH₹08 LAKH3RD YEAR₹16 LAKH₹08 LAKH4TH YEAR₹17 LAKH₹8.5 LAKH5TH YEAR₹18 LAKH₹09 LAKHDETAILS OF SOILED NOTES REMITTANCE RECEIVEDDENOMINATION₹10 / ₹20 / ₹50₹100 SCENARIO 1SCENARIO 2 5500750050005575501107524553907425NA5374NA106148NA40005395790TOTAL PIECES (DEPOSITED)TOTAL PIECES (WITHDRAWN)TOTAL BAGS (DEPOSITED)TOTAL BAGS (WITHDRAWN)NET STANDARD BAGS (WITHDRAWN)400025001.61-0.607500033200040001213.43SCENARIORECOVERY/CREDIT*PENALTY AMOUNT*SCENARIOLOSS RECOVEREDPENALTY AMOUNTDENOMINATION₹5₹10₹20₹50₹100₹200₹500₹20001,30,00021,50,00013,40,00011,00,00011,92,00090,0001,70,00020,000004940221DENOMINATION₹5₹10₹20₹50₹100₹200₹500₹2000042816201510SCENARIOPENALTY

MUMBAI, India, April 1 -- Reserve Bank of India issued the following notification: RBI/DCM/2026-27/393 DCM (CC) No. G-3/03.06.001/2026-27 April 01, 2026 The Chairman / Managing Director / Chief Ex... Read More