During 1991, the National Board for Higher Mathematics (NBHM) organized a conference on ‘Development of Mathematics’ at BARC, Mumbai. At this conference, a suggestion was made to start a mathematics newsletter to cater to the needs of mathematics teachers, research scholars and students. While accepting the suggestion, NBHM wanted RMS to run the newsletter. Prof. R. Balakrishnan was its Chief Editor from 1991 (the year of starting) to 2002. Currently, Professor S. Ponnusamy of I.I.T. Madras is the Chief Editor. The Newsletter publishes, besides expository articles highlighting the latest achievements in the field of mathematics, all news items pertaining to mathematics - forthcoming conferences, reports on just concluded conferences etc.

The Mathematics Newsletter is fully funded by NBHM. It is currently being mailed free to some 1800 institutions throughout India.