RBI imposes restrictions on Etawah-based Nagar Sahakari Bank Ltd

IANS | May 18, 2026 10:04 PM

New Delhi, May 18 (IANS) The Reserve Bank of India (RBI) on Monday issued certain directions to Etawah-based Nagar Sahakari Bank Ltd, saying that the bank will not grant or renew any loans and advances, make any investment, incur any liability including borrowal of funds and acceptance of fresh deposits without prior approval of RBI in writing.

Brahmos advances India’s rise as major defence arms exporter: Report

IANS | May 18, 2026 9:37 PM

New Delhi, May 18 (IANS) As India advances on its path to becoming a major arms exporter, the BrahMos missile stands out as a symbol of its growing defence strength. Expanding expertise in missile manufacture and the increasing outreach, especially in the Global South, are strengthening India’s “Defence Atmanirbharta", while elevating its position on the global stage, a report said on Monday.

India to keep buying Russian oil despite US waiver expiry

IANS | May 18, 2026 9:09 PM

New Delhi, May 18 (IANS) India has been buying Russian oil regardless of US sanctions or waivers and will continue to do so based on commercial viability and the country’s energy security needs, a senior Petroleum Ministry official said on Monday.

US Treasury reaches settlement with Adani Enterprises

IANS | May 18, 2026 9:00 PM

New Delhi, May 18 (IANS) The US Treasury Department's Office of Foreign Assets Control (OFAC) on Monday announced that it has reached a $275 million settlement with India’s Adani Enterprises Limited (AEL) over the "apparent violations" of sanctions on Iran in the company’s purchase of LPG.

HM Amit Shah felicitates police officers for role in making Telangana LWE-free

IANS | May 18, 2026 7:43 PM

Hyderabad, May 18 (IANS) Union Home Minister Amit Shah on Monday felicitated police officers who played a key role in making Telangana a Left-Wing Extremism (LWE)-free state. At a special event held in Jagdalpur, Chhattisgarh, he honoured police officers who played a pivotal role in combating Maoist activities in insurgency-affected regions