Monetary Policy Committee meeting to issue third bi monthly policy statement with resolution to be published online.
A scheduled convening of the Monetary Policy Committee to adopt the Third Bi monthly Monetary Policy Statement for 2018-19 is announced, with the Committee's resolution to be published on the authority's website at a specified time on the date of conclusion; the notice is issued by the Chief General Manager.

Interim compensation in cheque bounce cases can be ordered, requiring the drawer to pay a prompt portion to complainant.
New provisions permit a court trying a cheque dishonour offence to order interim compensation, requiring a drawer who pleads not guilty to pay at least a prescribed portion of the cheque amount within a statutory period, with an additional obligation upon appeal; if the drawer is acquitted the payee may be directed to repay the interim amount with interest.

Insolvency resolution under IBC secures creditor recoveries and enforces time bound processes, reshaping borrowing and lending practices.
The Insolvency & Bankruptcy Code provides a time bound, transparent corporate insolvency mechanism that balances stakeholder interests and has altered borrowing and lending behaviour; in twelve systemic CIRP cases most remain in process while two approved resolution plans produced recoveries for financial creditors of roughly forty two percent and sixty three percent of admitted claims respectively, with liquidation values and aggregate realisations reported to illustrate creditor outcomes.

Memorandum of Understanding expands ICAI-BIBF cooperation to develop accounting and audit capacity, facilitating ICAI exams for students.
Cabinet approved a Memorandum of Understanding (MoU) between ICAI and BIBF under which ICAI will provide technical assistance by reviewing BIBF's accounting and finance curriculum, recommending introduction of the ICAI CA Course curriculum to enable BIBF students to write ICAI examinations, and assisting in holding ICAI professional examinations for qualified BIBF students to build national accounting and auditing capabilities in Bahrain.

Government securities auction: price-based multiple-price sale permits competitive and non-competitive bids with reserved allotment.
Re-issue auctions of multiple Government of India securities will be conducted by the Reserve Bank of India via price-based multiple-price auctions using electronic bidding on the E-Kuber platform; both competitive and Non-Competitive Bidding Facility bids are permitted, with a capped reserved allotment for eligible individuals and institutions. The stocks will be eligible for When Issued trading in accordance with RBI guidelines.

Government securities auction using multiple-price method with non-competitive bidding facility and when issued trading eligibility.
Announcement of a Government securities re-issue auction using the multiple price method, with an overall notified cap and a government option to retain additional subscription. Up to a specified portion of each notified amount is reserved for eligible individuals and institutions under the Non-Competitive Bidding Facility. Bids must be submitted electronically on the core banking/electronic bidding system in designated windows; results, payment schedule and eligibility for "When Issued" trading follow applicable when-issued guidelines.

Reference rate publication updates rupee benchmark and sets cross currency rates, with SDR Rupee linkage determined from it.
Publication of the Reference Rate for the US Dollar sets the official rupee quotation and updates the immediately preceding day's benchmark. Based on that reference rate and middle cross currency quotes, the release supplies updated exchange rates for euro, pound sterling and yen against the rupee and states that the SDR Rupee rate will be computed from the published reference rate.

Foreign exchange reserves at USD 406.1bn; composition, movements, risk framework and disclosure practices summarised.
The report discloses aggregate foreign exchange reserves at USD 406.1 billion (FCA USD 380.7b, gold USD 21.4b, SDR USD 1.5b, RTP USD 2.5b), monthly movements driven by market operations, investment income and valuation effects, and a valuation gain in April-December 2017. It summarises sources of accretion, forward positions, international investment position, reserve adequacy metrics, FCA deployment across securities/central bank deposits/commercial bank deposits, and sets out objectives, legal authority, and a risk management framework covering credit, market (currency, interest, gold), liquidity and operational risks together with transparency practices.

Reference rate for US Dollar published; cross currency exchange rates and SDR Rupee linkage follow from that benchmark.
Publication of a Reference Rate for the US Dollar sets the official rupee benchmark used to derive rupee exchange rates for euro, pound sterling and Japanese yen from middle cross currency quotes; the SDR Rupee rate is to be based on that same reference rate.

Reference rate for US Dollar determines exchange rates for major currencies and sets the SDR Rupee basis under RBI guidance.
The Reserve Bank publishes the daily Reference Rate for the US Dollar and, using that rate with middle cross currency quotes, sets the rupee exchange rates for the Euro, Pound Sterling and Japanese Yen; the SDR Rupee rate is declared to be based on the published US Dollar reference rate.

Reference rate publication establishes official exchange rate benchmarks and a basis for SDR Rupee conversion and cross currency quotes.
The Reserve Bank published the USD Reference Rate for July 4, 2018 and the previous day's rate, stating the SDR Rupee rate will be based on that reference; it also provides Rupee exchange rates for EUR, GBP and JPY derived from the USD reference and middle cross currency quotes for July 3-4, 2018.

Reference rate for US dollar updated; derived exchange rates for euro, pound and yen published and SDR rupee link noted.
RBI published the Reference Rate for the US dollar for July 3, 2018, and the prior day's figure; using that reference and cross currency middle rates it provided rupee exchange rates for the euro, pound sterling and Japanese yen for July 2 and July 3, 2018, and stated that the SDR Rupee rate will be based on the reference rate.

Government securities re-issue auction open to competitive and non-competitive electronic bids with defined allotment and payment dates.
Sale (re-issue) auctions are announced for five Central Government loan instruments through a price-based multiple-price auction with an aggregate notified ceiling and a government option to retain additional subscriptions against one or more securities. Up to five percent of each notified amount is reserved for eligible individuals and institutions under the Scheme for Non-Competitive Bidding. Competitive and non-competitive bids must be submitted electronically via the Reserve Bank of India's Core Banking Solution (E-Kuber) within prescribed time windows; auction results and payment dates are specified and the stocks are eligible for when-issued trading under RBI guidelines.

Reference rate for US Dollar establishes Rupee exchange benchmarks and informs EUR, GBP, JPY rates and SDR Rupee linkage.
The release records the Reference Rate for the US Dollar against the Rupee as Rs. 68.6227 on July 2, 2018 (prior day Rs. 68.5753) and states that the USD reference rate, combined with cross currency middle rates, yields derived exchange rates for EUR, GBP and JPY; it also specifies that the SDR Rupee rate will be based on the reference rate.

Cost accounting: foundational governance tool enabling competitive planning, reform implementation and strengthened corporate resilience.
Cost accounting is presented as a foundational managerial and governance tool essential for corporate resilience, fair competition, and policy implementation. It underpins competitive planning, consistent delivery, and cost analysis across organisations, and is identified as integral to implementing broad tax and reform measures such as GST. The address stresses that robust costing systems strengthen business foundations and governance without compromising quality.

Treasury bill auction schedule: notified issuance amounts and modification flexibility for the quarter, subject to general notification.
Notification of a quarterly auction calendar for Government of India Treasury Bills setting out scheduled weekly auctions of 91 day, 182 day and 364 day Treasury Bills with stated notified issuance amounts and aggregate notified supply. The Government of India, in consultation with the Reserve Bank of India, retains flexibility to modify the notified amounts and timing of auctions in response to cash requirements, market conditions and other factors, subject to prior market notice and the terms of the applicable General Notification.

Union Government receipts composition shows tax and non tax proceeds driving fiscal transfers and central expenditure.
Union Government receipts up to May 2018 comprise tax revenue (net to centre), non tax revenue and non debt capital receipts (recoveries of loans and disinvestment), while transfers to States as devolution of share of taxes and central total expenditure - split into revenue and capital accounts with interest payments and major subsidies prominent in revenue expenditure - constitute the major outlays for the period.

Reference rate for US dollar updated; affects euro, pound and yen rupee rates and SDR rupee computation.
The central bank published the reference rate for the US dollar and corresponding euro, pound and yen rupee rates for June 29, 2018, comparing them to the previous day and specifying that the SDR Rupee rate will be based on the published reference rate.

Reference rate for US Dollar published; cross currency rupee exchange rates for euro, pound and yen derived accordingly.
The Reserve Bank published the Reference Rate for the US Dollar and the previous day's corresponding figure, and used that reference rate with middle cross currency quotes to derive rupee exchange rates for the euro, pound sterling and yen; it also stated that the SDR Rupee rate will be based on the published reference rate.

Reference rate for US dollar published as daily benchmark, with cross currency Rupee rates and SDR Rupee linkage.
Publication of a daily Reference Rate for the US Dollar and, using that Reference Rate with middle cross currency rates, provision of corresponding Rupee exchange rates for the Euro, Pound Sterling and Japanese Yen; the SDR Rupee rate will be based on the Reference Rate.