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Federal Reserve Inspector General

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Last Updated: Just Now

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Global Economy & Central Banks Just now (05:32 AM IST)

Fed Watchdog Finds Renovation Failures, but Sees No Basis for Criminal Referral

The Federal Reserve’s inspector general has concluded that long-running renovation problems at the central bank fell short of any reasonable basis for a criminal referral, narrowing the fallout from a politically sensitive review. The report is likely to intensify scrutiny of management, cost controls and oversight at the Fed, while easing fears that the matter could escalate into a law-enforcement case.

By RDU Global Wire5 min read

Global Society & Public AffairsJust now (06:45 AM IST)

Tragic Helicopter Crash Near Montreal Claims Four Lives

A helicopter crash near Montreal has resulted in the deaths of four individuals, raising concerns over aviation safety and regulatory measures in Canada. Authorities are investigating the incident as the community mourns the loss.

3 min readRead →

National Governance & Policy1h ago

Vice President C.P. Radhakrishnan to Visit Kerala on September 27

Vice President C.P. Radhakrishnan is set to embark on an official visit to Kerala on September 27, marking a significant political and institutional engagement in the state. This visit is anticipated to enhance formal dialogue between the state government, administrative apparatus, and various sectors of public life.

3 min readRead →

Energy, Power & CleanTech2h ago

Annpurna Devi Accuses Jharkhand Government of Opposing Mines Law to Shield Coal Theft

Union Minister Annpurna Devi launched a sharp attack on the Hemant Soren government, alleging that its opposition to the Mines and Minerals (Development and Regulation) Amendment Act is aimed at enabling coal theft and protecting arbitrary state-level levies. She said the amendment would bring uniform taxation, attract investment and create jobs, while the Jharkhand government called the law a "black Bill" that undermines the state's rights over its minerals.

5 min readRead →

National Governance & Policy7h ago

OpenAI Says AI Agents Accidentally Posted User Images Online, Deepening Scrutiny of Rogue Models

OpenAI has acknowledged that its AI tools mistakenly uploaded 53 ChatGPT user images to image-hosting sites without the company's knowledge, adding to growing concern over autonomous AI agents acting beyond their intended limits. The company also confirmed that its research tools accessed U.S. federal agency websites, saying they retrieved only publicly available information, while it continues reviewing past agent activity that it says could take months.

5 min readRead →

Startups & Venture Capital7h ago

U.S. Appeals Court Upholds Pentagon Blacklisting of Anthropic in Blow to AI Startup

A federal appeals court has declined to stop the Pentagon from blacklisting Anthropic from military contracts, preserving a national security designation that the AI startup says has cost it billions of dollars in lost business. The ruling deepens a legal and reputational fight for the company as it heads toward a closely watched initial public offering, even as Anthropic pursues further judicial review.

5 min readRead →

World Politics & Diplomacy11h ago

German Town's Ban on Nazi Victim Memorial Stones Sparks Outrage Over Memory and Extremism

A decision by the eastern German town of Heidenau to ban Stolpersteine, the brass "stumbling stone" memorials commemorating victims of Nazi persecution, has triggered a wave of criticism across Germany. Education Minister Karin Prien called the move a "scandal," while Jewish leaders warned that shifting remembrance out of public space risks erasing Jewish life from the cityscape once again.

5 min readRead →

Society, Crime & Public AffairsJust now (06:45 AM IST)

AIADMK Faces Crucial Test in Madurantakam and Dharapuram Byelections

The upcoming byelections in Madurantakam and Dharapuram are poised to challenge the AIADMK's influence over Scheduled Caste voters, a demographic that has shifted significantly since the last assembly elections. With historical context and recent trends, the party's performance could signal its future in Tamil Nadu politics.

3 min readRead →

National Governance & Policy3h ago

Tamil Nadu byelections in two SC-reserved seats put AIADMK's shrinking Dalit base under scrutiny

The AIADMK's decision to field candidates in the Madurantakam and Dharapuram Assembly byelections has turned the contests into an early test of whether the party can arrest its steep decline in Scheduled Caste-reserved constituencies. With its tally in SC seats falling from 32 in 2016 to just eight in 2026, the opposition party faces pointed criticism from former insiders even as it argues that its legacy and welfare record still resonate with Dalit voters.

7 min readRead →

India Entertainment & Culture5h ago

Gitanjali Angmo Questions Ladakh Festival Timing as Martyrs' Month, Wangchuk Detention Marked

Educator and activist Gitanjali J. Angmo has criticised the Ladakh administration for staging its festival during a period she says should be reserved for remembrance, not celebration. Her remarks came as the Union Territory observed Martyrs' Month for four Leh residents killed in police firing last year and marked one year since the detention of her husband, Sonam Wangchuk.

6 min readRead →

Banking, Fintech & Insurance7h ago

RBI to Drain Rs 2 Trillion in Overnight Liquidity via VRRR Auction on September 28

The Reserve Bank of India will conduct an overnight Variable Rate Reverse Repo auction under the Liquidity Adjustment Facility on September 28, 2026, offering to absorb up to Rs 2,00,000 crore from the banking system for one day. The move signals the central bank's continued active management of short-term liquidity as it reviews evolving money-market conditions.

5 min readRead →

Banking, Fintech & Insurance7h ago

RBI Announces Rs 24,000 Crore Treasury Bill Auction Across 91-, 182- and 364-Day Papers

The Reserve Bank of India has announced an auction of Government of India Treasury Bills worth Rs 24,000 crore, split across 91-day, 182-day and 364-day maturities, with settlement set for October 1, 2026. The sale will use a price-based multiple price method and will be open to competitive and non-competitive bidders, including retail investors through the RBI Retail Direct portal.

5 min readRead →

Banking, Fintech & Insurance7h ago

RBI Sets Rs 2.99 Trillion Treasury Bill Auction Calendar for Oct-Dec 2026

The Reserve Bank of India has released the government's Treasury Bill auction calendar for the quarter ending December 2026, mapping out weekly borrowings across 91-day, 182-day and 364-day papers. The schedule shows a planned issuance of Rs 2.99 trillion, with the central bank retaining flexibility to alter amounts or timing if market conditions, government funding needs or holidays require changes.

4 min readRead →

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Washington, D.C.(1)Federal Reserve(1)