Government of India announces the sale of two dated securities for a notified amount of ₹27,000 crore
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Indian Express
an hour ago
- Indian Express
Bank Holiday Today: Are banks open or closed today on Saturday, August 16? Check here
Krishna Janmashtami Bank Holiday Today 2025: Public-sector banks (PSBs) and private banking institutions will be closed today, on Saturday, August 16, on account of Krishna Janmashtami, as designated in the Reserve Bank of India's (RBI) 2025 holiday calendar. Janmashtami is a widely celebrated Hindu festival which commemorates the birth of Lord Krishna. This year marks the 5252nd birth anniversary of Lord Krishna, with Dahi Handi falling on the same day. Bank holidays in India are designated by the Reserve Bank of India (RBI) under the Negotiable Instruments Act, including holidays for Real Time Gross Settlement (RTGS) as well as various regional and national holidays. Additionally, there are mandatory weekly days off, which occur on the second Saturday and Sunday of each month. There is a total of 15 bank holidays designated for August 2025, according to the RBI calendar for the year 2025. It's important to note that banks in only one Indian city will observe closure, and the remaining will be operational as usual. Below is the table of bank status for today, Saturday, August 16, 2025: Source: RBI Holiday Calendar – 2025 On August 16, 2025, banks are closed in Ahmedabad, Aizawl, Bhopal, Chandigarh, Chennai, Dehradun, Gangtok, Hyderabad, Imphal, Jaipur, Jammu, Kanpur, Lucknow, Patna, Raipur, Ranchi, Shillong, Srinagar, and Vijayawada; banks in the rest of the cities will be operational, as usual. It's important to bring to your attention that, regardless of the physical closure of bank branches in Gangtok (Sikkim), essential financial services would remain available through digital and self-service platforms: Customers are advised to plan in-branch visits around the holiday and to use online banking for uninterrupted service.
News18
2 hours ago
- News18
India Achieves Historic 100 GW Solar PV Manufacturing Milestone
Last Updated: India's solar PV module capacity hit 100 GW under ALMM, up from 2.3 GW in 2014. Minister Pralhad Joshi credits PM Modi's vision and the PLI Scheme. News18 India has achieved a historic milestone of 100 gigawatts (GW) of solar PV module manufacturing capacity registered under the Approved List of Models and Manufacturers (ALMM), marking a significant leap in the country's renewable energy journey. Union Minister for New and Renewable Energy, Pralhad Joshi, called it a 'remarkable rise" from just 2.3 GW in 2014, crediting Prime Minister Narendra Modi's vision and initiatives like the Production Linked Incentive (PLI) Scheme for High-Efficiency Solar Modules. He said the achievement strengthens India's path toward Atmanirbhar Bharat and its target of 500 GW non-fossil capacity by 2030. The Government of India's commitment is to make India self-reliant in solar PV manufacturing and establish the country as a major player in the global value chain. This commitment is supported through a comprehensive set of initiatives, including the PLI Scheme for High Efficiency Solar PV Modules and measures to provide a level playing field for the Indian manufacturers. The catalytic effect of these interventions has resulted in an expansion in solar module manufacturing capacity, from just 2.3 GW in 2014 to over 100 GW today. This reinforces India's commitment to achieving 500 GW of non-fossil fuel capacity by 2030 and contributes meaningfully to global decarbonization efforts. The ALMM Order was issued by the Ministry of New and Renewable Energy (MNRE) on 02nd January 2019. The first ALMM list for solar PV modules was published on 10th March 2021 with an initial enlisted capacity of around 8.2 GW. In just over four years, this capacity has grown more than twelvefold, crossing the 100 GW mark. This remarkable expansion is not just limited to depth of capacity achieved, but by the breadth of the number of manufacturers who has also significantly increased from 21 in 2021 to 100 manufacturers, who are operating 123 manufacturing units currently. This growth includes contributions from both established companies and new entrants, many of whom have adopted high-efficiency technologies and vertically integrated operations. The result is a diverse and competitive manufacturing landscape capable of meeting domestic needs and serving global markets. The crossing of the 100 GW solar module manufacturing capacity underscores the success of Indian solar PV manufacturing story, and the collective efforts of industry, various State governments, and the Government of India. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
3 hours ago
- Time of India
Janmashtami bank holiday on Saturday: Are banks open or closed today on August 16, 2025?
Are banks open or closed today on August 16, 2025? Academy Empower your mind, elevate your skills Upcoming bank holidays in August 2025 Many states will observe a long weekend bank holiday, while some will have a regular working day on August 16, 2025, which falls between two holidays, August 15 (Independence Day, Friday) and August 17 (Sunday). Bank customers should check whether banks are open in their state before planning any branch Reserve Bank of India (RBI) publishes state-wise and month-wise holiday calendar every year. Apart from Sundays, regional and national holidays, banks are also closed on second and fourth are closed in Gujarat, Mizoram, Madhya Pradesh, Chandigarh, Tamil Nadu, Uttarakhand, Sikkim, Telangana , Rajasthan, Uttar Pradesh, Jammu, Bihar, Chhattisgarh, Jharkhand, Meghalaya, Srinagar and Andhra Pradesh to celebrate Janmashtami/ Krishna 16, 2025 is the third Saturday of the month, so it is a working Saturday. Banks will be open in Tripura, Maharashtra, Karnataka, Odisha, Assam, Manipur, Arunachal Pradesh, Kerala, Nagaland, West Bengal, New Delhi, Goa, Himachal are closed in Manipur to commemorate the birthday of Maharaja Bir Bikram Kishore Manikya are closed in Assam on August 25, 2025 to commemorate the death anniversary of the great saint, scholar, and cultural icon Srimanta are closed in Gujarat, Maharashtra, Bangalore, Odisha, Tamil Nadu, Telangana, Goa, Andhra Pradesh on August 27, 2025 to celebrate Ganesh are closed in Odisha to celebrate Nuakhai, in Goa to celebrate Ganesh Chaturthi (2nd Day).
