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    DRI seizes 364 metric tonne (MT) banned Pakistan-origin dry dates imports worth Rs. 3 crore
    Rupee gains 13 paise to close at 95.15 against US dollar post-RBI policy decision
    ED raids premises linked to ex-Andhra MLA Malla Vijaya Prasad in chit fund scam
    'Gungi gudiya' remark against Sunetra shows Cong's 'ideological bankruptcy': NCP leader Tatkare
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    The Taxation and Other Laws Amendment Bill 2026 - Introduced in Lok Sabha on 4th August 2026
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    Collaboration, Inclusion and Entrepreneurship: How SIDBI MSME Samvaad Is Shaping the Future of India’s MSME Ecosystem
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    RBI keeps policy rate unchanged for third time in row amid West Asia crisis
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    August 5, 2026
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    Pakistan-origin import prohibition covers third-country routing, false origin declarations, forged documents, and trans-shipment arrangements used to evade restrictions.
    The prohibition on direct or indirect import or transit of goods originating in or exported from Pakistan extends to goods routed through third countries and falsely declared as having another origin. Misdeclaration of country of origin, false descriptions, forged documentation, and trans-shipment arrangements may contravene that prohibition and invite action under the Customs Act, 1962. Dry dates declared as UAE-origin and Guggul resin declared as Somalia-origin were investigated as goods of Pakistan origin routed through Dubai.
    August 5, 2026
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    Foreign exchange stability measures support the rupee as policy continuity, capital inflows and global risk sentiment shape currency expectations.
    Foreign exchange market movement reflected a rupee appreciation against the US dollar following the monetary policy decision to retain the repo rate and neutral stance. Market sentiment was supported by softer crude oil prices, weakness in the US dollar, lower US Treasury yields and foreign equity inflows. The monetary policy framework sought to support capital inflows and maintain an orderly rupee trajectory, with geopolitical developments and US economic data remaining relevant to near-term exchange-rate expectations.
    August 5, 2026
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    Money-laundering investigation examines alleged proceeds from chit fund operations following searches linked to a former company managing director.
    A money-laundering investigation concerns alleged proceeds of crime arising from a multi-state chit fund operation associated with Welfare Building and Estates Pvt Ltd. The company is alleged to have collected investor deposits through investment schemes promising high returns before defaulting. Searches at premises linked to its former managing director form part of the inquiry into alleged laundering. The underlying alleged fraud had previously resulted in a CBI case and multiple police FIRs.
    August 5, 2026
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    Political restraint in public communications was urged, alongside adherence to principal-speaker protocol during press conferences and media interactions.
    Political restraint in public communications was urged after a social-media remark directed at Sunetra Pawar was criticised as ideologically irresponsible. It was stated that regret alone was insufficient and that leaders should exercise care in public comments. Press-conference protocol was also emphasised: the principal dignitary should respond to media questions, and those seated alongside should not participate in the interaction. Party colleagues were expected to act more responsibly in future media engagements.
    August 5, 2026
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    Neutral monetary policy stance continues as inflation clarity is awaited, alongside cooperative banking and lending-rate transparency measures.
    Monetary policy maintained the benchmark policy repo rate and a neutral stance pending clearer evidence that energy-cost pressures will generate broad-based inflation. Inflation is expected to rise temporarily due principally to food and fuel prices before moderating, while core inflation remains benign. The approach remains data-dependent, supported by two-way liquidity operations. Proposed measures include resuming urban cooperative bank licensing, revising rural cooperative bank credit-monitoring directions, and harmonising interest-rate regulation on advances across regulated entities to improve transparency and consumer protection.
    August 5, 2026
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    Repo rate stability preserves the policy stance amid lower inflation projections, stronger growth expectations and external-sector resilience.
    Monetary policy maintained the repo rate at 5.25 per cent following a unanimous policy committee decision. The growth forecast for FY27 was marginally increased, while the inflation projection was lowered. Inflation conditions remain uncertain because of monsoon, El Nino and geopolitical developments. Liquidity remained in surplus, and external-sector indicators reflected a current-account surplus, buoyant foreign direct investment inflows, renewed foreign portfolio investment inflows, and adequate foreign-exchange reserves.
    August 5, 2026
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    Polymer currency notes target improved durability as monetary policy remains data-dependent and rupee management pursues an orderly trajectory.
    Polymer currency notes are targeted for circulation at the beginning of the next financial year, subject to implementation proceeding as planned. They are intended to improve durability, especially for lower-denomination notes with high circulation velocity. Monetary policy decisions will remain data-dependent and focused on aligning headline inflation with its medium-term target. Foreign Currency Non-Resident (Bank) scheme inflows are expected to remain healthy until closure, with no proposal for premature termination. Rupee management aims to maintain an orderly exchange-rate trajectory.
    August 5, 2026
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    Customs anti-smuggling enforcement targets gold concealed as silver-coated armlets following passenger profiling and personal search at airport.
    Customs officers intercepted two passengers arriving from Istanbul after Advance Passenger Information System profiling and their activation of the Door Frame Metal Detector. A personal search recovered approximately one kilogram of gold, silver-coated and concealed as traditional armlets worn on the upper arms. The gold was seized under the Customs Act, a smuggling case was registered, and investigation was initiated into the source and any wider smuggling network.
    August 5, 2026
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    Closing auction price discovery for eligible derivatives shares begins as monetary policy retains the repo rate and neutral stance.
    The Reserve Bank retained the repo rate with a neutral stance amid uncertainty over energy prices and supply disruptions. Stock exchanges introduced the Closing Auction Session in the equity cash segment for eligible shares with futures and options contracts. This auction-based mechanism determines closing prices of eligible stocks and aims to make price discovery more transparent and robust.
    August 5, 2026
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    Services-sector growth slowed as weaker demand, competition and postponed orders moderated business activity, while employment improved modestly.
    Services-sector growth slowed as domestic and export orders moderated amid weaker demand, competitive pressures, softer market conditions and postponed orders. Output continued to expand, but at its weakest pace in more than four years. Employment growth improved modestly, while input costs rose and firms increased selling prices. Business confidence remained positive but declined, and the composite output indicator weakened due principally to the sharp slowdown in services activity.
    August 5, 2026
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    Interim bail conditions require residence outside the state and trial attendance in alleged manpower commission corruption proceedings.
    Interim bail was granted to Anwar Dhebar in a matter involving alleged corruption and an illegal commission mechanism linked to a state marketing corporation. Conditions require him to remain outside Chhattisgarh, attend the trial court, and provide his residential address. The allegations concern manpower supply agencies allegedly being compelled to pay commissions for clearance of legitimate bills, with proceeds routed through intermediaries. The case was registered under the Indian Penal Code and the Prevention of Corruption Act.
    August 5, 2026
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    Tax certainty measures revise fund-management safe harbours, electronic-payment charges, sectoral exemptions, business-trust treatment, and excess expenditure appropriation.
    The Taxation and Other Laws (Amendment) Bill, 2026 proposes to replace the Income-tax (Amendment) Ordinance, 2026 and amend payment-system and tax laws. It would prohibit charges on notified electronic payments, revise safe-harbour conditions for eligible investment funds and fund managers, and expand tax exemptions for Government securities, qualifying rough-diamond sales and bonded-warehouse component storage. It also modifies exemptions concerning electronic-goods contract manufacturing, data centres and business-trust dividends, while imposing a differentiated surcharge on qualifying special purpose vehicles. A separately included appropriation bill authorises excess expenditure from the Consolidated Fund of India.
    August 5, 2026
    Show AI Summary
    Growth and inflation projections reflect resilient domestic activity while energy volatility, supply disruptions, and food prices sustain inflation risks.
    Monetary policy projections for fiscal 2026-27 revise real GDP growth upward to 6.7 per cent and Consumer Price Index inflation downward to 5 per cent. Domestic activity is described as resilient amid global uncertainty, but inflationary risks persist from rainfall disruption, energy-price volatility, supply-chain uncertainty, and second-round effects of higher food, fuel and input costs. Core inflation is projected at 4.3 per cent for the fiscal year.
    August 5, 2026
    Show AI Summary
    Industry collaboration strengthens MSME competitiveness through shared resources, market linkages, capability building and inclusive support for women entrepreneurs.
    MSME development is linked to collaboration, knowledge-sharing, institutional support and capability building. Industry associations can provide networking, policy advocacy, business intelligence, skills programmes, shared infrastructure and market linkages, while collective procurement, shared logistics, digital commerce and export readiness may improve competitiveness. Women-led enterprises benefit from market-oriented capability development, mentorship, continuous learning, professional networks, capacity-building programmes and institutional support. The Development of Industry Associations initiative is intended to connect associations and facilitate the sharing of best practices.
    August 5, 2026
    Show AI Summary
    Monetary policy rate maintenance continues under a neutral stance amid energy disruption, inflation concerns and sustained currency depreciation.
    Monetary policy rate maintenance was continued with the repo rate retained at 5.25 per cent under a neutral stance amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The growth forecast was marginally increased and the inflation projection reduced. Sustained rupee depreciation against the dollar was attributed to costly oil, capital outflows, widening trade deficits and a strong US dollar.
    August 5, 2026
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    Monetary policy rate pause maintains a neutral stance amid energy disruption, inflation concerns and sustained rupee depreciation pressures.
    Monetary policy rates were retained without change for a third consecutive review, with a neutral stance maintained amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The policy assessment noted retail inflation above the medium-term target, alongside an upward revision to growth expectations and a downward revision to the inflation projection. Continued rupee depreciation was linked to higher oil prices, capital outflows, widening trade deficits and a stronger US dollar.
    August 5, 2026
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    Monetary policy expectations shape equity sentiment as softer crude prices and foreign investment support domestic financial assets.
    Equity market sentiment improved in early trading as lower crude oil prices and foreign fund inflows supported benchmark indices, while investors awaited the monetary policy decision. Softer crude prices, rupee recovery, improving global risk sentiment, resilient economic growth, corporate earnings and sustained foreign portfolio investment supported domestic financial assets, despite continuing global and geopolitical uncertainties.
    August 5, 2026
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    Foreign exchange market movement strengthens as lower crude prices and monetary policy signals influence the rupee's direction.
    Foreign exchange market movement saw the rupee appreciate against the US dollar in early trading, supported by lower crude oil prices, a softer dollar index, domestic equity gains and net foreign institutional investment. Market attention centred on the Reserve Bank of India's monetary policy decision, with expectations of an unchanged benchmark repo rate. Policy communication on inflation and developments in Hormuz-related talks were identified as factors that could influence the rupee's direction.
    August 4, 2026
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    Dearness allowance arrears must be cleared promptly, while the government examines legal remedies and continues its structured liquidation plan.
    Pending dearness allowance arrears of government employees and pensioners are to be cleared within a fortnight, with restraint on unproductive expenditure until admissible dues are paid. The government states that it will pay constitutionally and legally valid dues while examining the judgment, precedents and possible legal remedies. It attributes the arrears to delayed pay commission implementation and frozen dearness allowance, and states that a structured liquidation plan has been prepared and partly implemented.
    August 4, 2026
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    Money-laundering investigation examines alleged fraudulent industrial plot allotments, benami holdings and diversion of plots to residential use.
    A money-laundering investigation under the Prevention of Money Laundering Act examines alleged irregularities in industrial-plot allotments involving corporation officials, private persons, property dealers and alleged benamidars. The inquiry concerns alleged use of fictitious firms and false addresses to obtain plots, allotments to relatives and associates, and alleged diversion or change of land use from industrial to residential purposes. These activities are alleged to have generated private gains while causing loss to the public exchequer.

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      As Trump returns to White House, his family circle has different look

      January 18, 2025

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      Washington, Jan 18 (AP) When Donald Trump returns to the White House on Monday, his family circle will look a little different than it did when he first arrived eight years ago.

      His youngest son, Barron, was in fifth grade back then. He's now a college freshman who towers over his 6-foot-plus dad.

      Granddaughter Kai, who was 9 in 2017, is now an aspiring social media influencer and impressive golfer. Grandson Joseph, who posed in Trump's lap with a Lego model of the White House last time, is 11 now.

      The most prominent relatives in Trump's political sphere, daughter Ivanka and her husband Jared, are in Florida this time around after working in his first administration.

      Family members can provide presidents with a ready source of moral and sounding-board support, companionship and even relief from the world's problems.

      Not to mention creating headaches for the president at times, too.

      "Family can do things that other people can't, and they can be trusted in a way that other people also can't," Tevi Troy, a former George W. Bush administration official and author of several books about the presidency, said.

      "Everyone needs someone they can talk to late at night when you let your hair down, so to speak." The president-elect has five children -- three of whom are married -- from his marriages to Ivana Trump, Marla Maples and current wife Melania Trump.

      He has 10 grandkids, with an 11th on the way.

      Here's a look at Trump's family circle, then and now: Melania Trump THEN: She spent the opening months of Trump's term at the family's Manhattan penthouse so that 11-year-old Barron wouldn't have to switch schools in the middle of the year.

      After moving to the White House, she travelled around the United States and to other countries, alone and with Trump, partly to promote her "Be Best" children's initiative while fiercely guarding her privacy.

      NOW: She avoided active campaigning during Trump's 2024 run, limiting her public appearances to key moments, such as the campaign's launch, the Republican National Convention and election night.

      She released a self-titled memoir late last year and will be the subject of a documentary distributed by Amazon Prime Video that is expected to be released later this year.

      While some doubt that Trump's 54-year-old wife will spend much time at the White House, she said on Fox News' "Fox and Friends" that she has already packed and picked out the furniture she wants to take to the executive mansion.

      His children: Donald Trump Jr THEN: Trump's eldest son, now 46, campaigned for his father in 2016 and 2020.

      NOW: Trump Jr's influence has grown to the point that he lobbied his father to choose close friend JD Vance for vice-president. He also pushed for former Democratic Rep Tulsi Gabbard and Robert F Kennedy Jr, the president-elect's picks for director of national intelligence and health and human services, respectively.

      Trump Jr helps run the family real-estate business and is an honourary chairman of Trump's transition. He has a podcast and has said his role is to prevent "bad actors" from getting into the administration.

      He recently flew on his father's airplane to Greenland; the president-elect has expressed a desire to take control of the mineral-rich Danish territory.

      Trump Jr has five children -- or "smurfs", as he sometimes refers to them -- with his former wife Vanessa Trump. They are Kai Madison, 17, Donald John III, 15, Tristan Milos, 13, Spencer Frederick, 12, and Chloe Sophia Trump, 10.

      Ivanka Trump THEN: Ivanka, 43, campaigned for her father in 2016 and moved her family from New York City to Washington to work in the White House as a senior advisor. She was on the campaign trail in 2020, too, but she and her family moved to Florida and retreated from the spotlight after his loss.

      NOW: As Trump geared up for the 2024 run, Ivanka announced that she loved and supported him but was getting out of politics to focus on her husband and their three kids. She did, however, join her father and other family members on election night and when he rang the bell at the New York Stock Exchange in early December after Time magazine named him "Person of the Year".

      She told "The Skinny Confidential" podcast that this time around she just wanted to "show up for him as a daughter" and be there to watch a movie or a sports game.

      Ivanka and her husband have three children: Arabella Rose, 13, Joseph Frederick, 11, and Theodore James Kushner, 8.

      Eric Trump THEN: The 40-year-old helped run the family business and participated in his father's campaigns.

      NOW: Eric is also an honourary chair of the transition and a close advisor to his father. But he continues to focus more on running the family business.

      In September, he and his brother started a crypto platform called World Liberty Financial, and their father helped launch it in an interview on X.

      Eric and his wife Lara have two children: Eric Luke, 7, and Carolina Dorothy Trump, 5.

      Tiffany Trump THEN: Trump's daughter with second wife Marla Maples was 23 and a recent University of Pennsylvania graduate who kept a low profile when Trump was first elected.

      NOW: She was more present in the 2024 campaign but still largely avoids the spotlight.

      Tiffany, 31, and her husband, Michael Boulos, are expecting their first child this year. Boulos is a businessman who travelled with Trump in the final stretch of the campaign.

      His father Massad Boulos, a Lebanese-American businessman, helped Trump with the influential Arab American community in the swing state of Michigan. Trump has named Massad Boulos to be a senior advisor on Arab and Middle Eastern affairs.

      Barron Trump THEN: At the start of Trump's first term, Barron and his mother stayed at the family's Trump Tower penthouse in Manhattan so he could finish his school year. When they got to Washington, his soccer net appeared in what's known as the first lady's garden.

      NOW: Barron, 18, is a freshman New York University business student. His parents and Trump campaign officials credit him for recommending podcasts popular with young men that the president-elect appeared on during the campaign.

      Barron will have a bedroom in the White House, Melania Trump said on "Fox and Friends".

      "I'm very proud of him, about his knowledge, even about politics and giving an advice to his father," his mother said on the programme.

      "He brought in so many young people. He knows his generation." Other family members in the spotlight: Lara Trump THEN: Trump's daughter-in-law, 42, campaigned for him during all his runs. After Trump lost to Democrat Joe Biden in 2020, she considered running for a US Senate seat from her home state of North Carolina but ultimately decided against it. She became a Fox News commentator.

      NOW: As Trump revved up his 2024 campaign, he installed his daughter-in-law as co-chair of the Republican National Committee, where she was a TV-ready advocate overseeing fundraising, voter outreach and the party's "election integrity" initiative.

      She stepped down from the RNC after the election and removed her name from consideration as a possible successor to Senator Marco Rubio, R-Fla, Trump's choice for secretary of state.

      Lara Trump is passionate about fitness and has her own line of activewear. She has also explored a side venture as a singer and has released some songs. Daughter Carolina is named after her home state.

      Jared Kushner THEN: Kushner, 44, was also a key figure in Trump's 2016 campaign. He joined his wife in the White House as a senior advisor, a role that included working on US policy toward Israel and the broader Middle East.

      NOW: Kushner has stepped out of the political spotlight -- but his father could soon step in. Trump announced after the election that he intends to nominate Charles Kushner, a real-estate developer, to be US ambassador to France.

      The elder Kushner was pardoned by Trump in December 2020 after he pleaded guilty years earlier to tax evasion and making illegal campaign contributions.

      Kai Trump THEN: Kai was in elementary school when her grandfather became president.

      NOW: Donald Trump Jr's 17-year-old granddaughter is an aspiring social media influencer. Her behind-the-scenes video from election night garnered 3.7 million views on YouTube. Other posts related to her grandfather have been watched millions more times on TikTok.

      Kai delivered her first public speech at the Republican convention and is an avid golfer who sometimes plays with her grandfather.

      "If I'm not on his team, he'll try to get inside of my head, and he's always surprised that I don't let him get to me. But I have to remind him, I'm a Trump, too," she said at the convention.

      Arabella Kushner THEN: Ivanka Trump and Jared Kushner's daughter was 6 when her grandfather showed China's Xi Jinping a video of her, in a traditional Chinese dress, belting out Chinese-language songs.

      "It's very good, right? She's very smart," Trump said.

      Xi responded that Arabella was her grandfather's "little angel" and a "messenger of China-US relations".

      NOW: Arabella is 13 and enjoys singing, playing the piano, horseback riding, and Brazilian jiu-jitsu, according to a social media post from her mother. (AP) ARI

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