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    Government Notifies Inventory-based Cross-border E-Commerce Export Framework under Foreign Trade Policy 2023
    Customs official among 5 held for smuggling gold of Rs 1.44 crore at Indore airport
    Lok Sabha passes Bankers' Books Evidence Bill to replace colonial-era law
    Sensex gains 152 pts in volatile session as RBI keeps policy rates unchanged
    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
    RBI holds interest rates for fourth straight meeting, awaits clearer inflation outlook
    Highlights of RBI's August monetary policy
    RBI targeting polymer currency notes launch in early FY28: Guv Malhotra
    Two women held at Delhi airport with 1 kg gold concealed as silver-coated armlet
    Sensex trades higher, Nifty flat post RBI policy
    India's services sector growth hits four-and-a-half-year low in July on weak demand: PMI
    SC grants interim bail to businessman Anwar Dhebar in manpower commission 'scam' case
    The Taxation and Other Laws Amendment Bill 2026 - Introduced in Lok Sabha on 4th August 2026
    RBI marginally raises FY27 GDP growth projection to 6.7 pc, lowers inflation forecast
    Collaboration, Inclusion and Entrepreneurship: How SIDBI MSME Samvaad Is Shaping the Future of India’s MSME Ecosystem
    RBI keeps policy rate unchanged for third time in row in FY27 amid West Asia crisis
    RBI keeps policy rate unchanged for third time in row amid West Asia crisis
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    August 5, 2026
    Show AI Summary
    Export-only e-commerce inventory framework enables seller exports through registered exporters while requiring traceability, timely payments and domestic-diversion controls.
    The export-only inventory framework permits eligible e-commerce entities to export through a registered Exporter-on-Record, which procures goods from Indian Sellers-on-Record against confirmed overseas orders and assumes export and destination-country compliance responsibilities. Inventory must be segregated, digitally traceable and cannot be diverted to domestic sale. The framework requires timely seller payments, visibility of overseas sales and shipment information, proportional pass-through of export rebates and refunds, annual compliance certification and digital records.
    August 5, 2026
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    Gold smuggling enforcement targets concealed foreign-origin gold, airport control evasion, and illicit railway transport under customs law.
    Gold smuggling enforcement operations under the Customs Act, 1962 involved alleged concealment and unlawful movement of foreign-origin gold. At an international airport, an alleged syndicate used an airline employee to transfer gold received from arriving passengers outside Customs and immigration controls, with gold disguised as silver-coloured bracelets. A separate railway operation concerned gold concealed in a specially made cloth waist belt and intended for delivery to a jeweller. The actions addressed concealment, evasion of Customs controls, and illicit transport of foreign-origin gold.
    August 5, 2026
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    Digital bank-record evidence gains a technology-neutral framework through expanded admissibility, certified authentication, and regulated production of bankers' books.
    The Bankers' Books Evidence Bill, 2026, modernises the evidentiary treatment of banking records by extending "bankers' books" to physical, electronic, digital, virtual and cloud-based records. It recognises electronic bank records as admissible evidence, allows production in physical or electronic form, and provides for standardised certificates authenticated by manual, digital or electronic signatures. The Bill also defines "special cause" for compelling bank officers to produce records or testify where the bank is not a party, and permits extension to specified financial-sector entities subject to conditions.
    August 5, 2026
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    Closing auction price discovery and unchanged policy rates shaped volatile equity trading amid inflation and geopolitical uncertainty.
    The Monetary Policy Committee retained the policy repo rate and neutral policy stance while seeking greater clarity on inflation risks from higher energy costs. Stock exchanges introduced the Closing Auction Session for eligible futures and options shares in the equity cash segment to determine closing prices through a more transparent and robust auction-based price-discovery mechanism. Equity markets showed volatile, limited gains amid geopolitical uncertainty, energy-price concerns, profit booking and the new mechanism's introduction.
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
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    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.

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      Science Meets Fun! Engaging Exhibits for All Ages at Science Centre Singapore!

      January 22, 2025

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      SINGAPORE, Jan. 22, 2025 /PRNewswire/ -- Have you ever wondered about the science behind our everyday lives, or dreamt of exploring outer space? Science is all around us, and a trip to Science Centre Singapore offers the perfect mix of fun and learning.

      Earth Alive Exhibition Renowned as one of the best science-themed attractions globally, Science Centre Singapore promises engaging experiences and fascinating discoveries that cater not just to kids but to guests of all ages! There are so many photo-opportunities for youths too! Here are some exciting experiences you should not miss out on.

      Are you ready to have your mind stretched while having fun? Offering a variety of interactive exhibits that make learning science an exciting adventure, Science Centre Singapore is the perfect destination for guests of all ages.

      CHECK OUT MORE Quirky and interesting experiences at Science Centre Singapore 1. Professor Crackitt's Light Fantastic Mirror Maze Professor Crackitt's Light Fantastic Mirror Maze is a captivating maze of mirrors and infinite reflections. Guests can navigate through the life-sized labyrinth to help Professor Crackitt find his lost pet parrot, Wattnot.

      The maze's identical corridors create an endless loop of disorienting hallways, challenging your sense of direction. Along the way, you get to marvel at the Professor's quirky inventions, like the Dynamic Chromatology Shadow Splitter, where you can create colourful shadows by blocking different lights. And don't forget to capture your memories with stunning photos! 2. Phobia²: The Science of Fear From public speaking to scary clowns or even being buried alive, fears come in all shapes and sizes. If you're ready to square up to your fears, then Phobia²: The Science of Fear is the place to be! This award-winning exhibition delves into the cultural, psychological, and physiological aspects of fear, revealing its impact on daily life.

      Here, you can take on daring challenges like sleeping in a coffin or building confidence by speaking to a virtual audience and embark on a journey to understand fear and yourself better.

      3. Space Explorers: THE INFINITE Attention, space enthusiasts! Space Explorers: THE INFINITE, a world-renowned exhibition, is currently running at Science Centre Singapore — its first stop in Southeast Asia. As the largest immersive space exploration experience inspired by NASA missions, this extraordinary exhibit uses VR technology to transport you into the wonders of space.

      Find yourself 400 kilometres above Earth, sharing exclusive moments with astronauts aboard the International Space Station in VR. From breathtaking views of our planet to never-before-seen footage of Earth captured from space, this VR adventure promises a truly out-of-this-world experience! How cool does that sound? Note : Exhibit only available until 23 March 2025.

      4. The Mind's Eye Think out of the box. The mind is tricky — sometimes, what we see is not what appears! At The Mind's Eye, you'll discover the magic of illusion and the power of perception through a series of mind-bending exhibits. More than that, you can also take goofy pictures for the 'gram! At The Unexpected Dinner exhibit, you can poke your head through a hole to experience an incredible illusion created by cleverly placed mirrors, making your body seemingly disappear. Meanwhile, the Giant Chair invites you to peek through a special peephole, aligning its seemingly disjointed parts into a complete chair. With photo subjects, this visual trick becomes even more fascinating, offering a playful insight into how our brain tends to simplify what we see.

      5. Know Your Poo Know Your Poo is one of the quirkiest exhibitions at the Science Centre Singapore. Step into the Cheeky Fart Chamber to uncover the science behind why we fart and what causes the smell; or test your knowledge in How Well Do You Poo?, where you'll explore what influences bowel movements and compare yours to the Bristol Stool Chart — a tool doctors use to describe digestion health.

      For guests interested in the cultural evolution of everyday life, get a glimpse of what toilets in Singapore looked like 60 years ago, and learn the importance of good habits, such as knowing what and what not to flush down the toilet, to contribute to a better society.

      6. Savage Garden Enter the Savage Garden to uncover fun facts about carnivorous plants, from their fascinating abilities to their unique eating habits.

      Check out our Plant Theatre, where our friendly carnivorous plant characters come to life with singing, dancing, and raving about their favourite food! Explore the stunning Paludarium Tank, home to a vibrant collection of live carnivorous plants. Don't forget to capture unforgettable moments in this interactive and photo-worthy exhibition—perfect for curious minds and nature enthusiasts alike! 7. Laser Maze Ever imagined yourself as a ninja, overcoming all obstacles? The Laser Maze Experience at the Science Centre Singapore offers three thrilling exhibits that put your agility, strategy, and reflexes to the test! In Entrapment, you'll have to strategise and navigate through an ever-changing laser maze. Beam Buster on the other hand tests your energy, where you dive and dash to break as many laser beams as possible before time runs out. Finally, unleash your inner ninja as you manoeuvre through a dense maze of over 50 lasers in the Laser Maze Challenge, avoiding every beam with skill and agility. It's an adrenaline-filled adventure for all ages! 8. E.S.C. - ESCAPE @ SCIENCE CENTRE Searching for more thrilling, fun-filled activities to do with friends? Put your skills to the test uncovering unique storylines and STEM-themed puzzles with Escape @ Science Centre, offering immersive experiences from ball-filled enclosures to quaking floors.

      Choose among three adrenaline-pumping concepts: survive a climate apocalypse as the last humans alive in Museum of Humankind , find your way out of the glitchy Shangri-La metaverse, or venture into the facility of Dr.X to rescue your missing friend. No matter which room you pick, you are always bound for an unforgettable challenge and photo-worthy ops! The real question is, are you up to the task? 9. Energy Titans Show In addition to the interactive exhibitions, Science Centre Singapore also hosts captivating live shows. The Energy Titans Show is an electrifying live demonstration that showcases humanity's discovery and use of electrical energy through the magnificent Tesla Coils.

      From witnessing spectacular lightning arcs that create music to participating in a Faraday cage challenge, this 15-minute show is filled with high-energy demonstrations. But note that this show is not for the faint of heart! Caution is advised for those with pacemakers, and who are sensitive to flashing lights, or loud noises.

      10. Fire Tornado Show Another engaging performance that appeals to everyone is the Fire Tornado Show. As cool as its name, it offers an exciting spectacle where a fire tornado is recreated in a specially designed chamber. Watch as towering flames spin in a powerful vortex, reaching temperatures over 600°C.

      This mesmerising demonstration lasts around 15 minutes and brings the intense force of nature right before your eyes. For kids and adults seeking excitement and awe, this show is not to be missed! There you have it — some of the exhibits and shows at Science Centre Singapore catered to guests of all ages! Which of these exhibits sparks your interest the most? Start planning your visit to Science Centre Singapore and be prepared for an exciting and thought-provoking journey.

      For more information and photos please visit here.

      About Science Centre Singapore Science Centre Singapore, a non-formal educational institution and leading regional Science Centre, along with its group of attractions, brings out the wonders of science, technology, engineering and mathematics through its unique blend of exhibitions, educational programmes and events. A custodian of creativity and innovation, Science Centre Singapore has captured the evolution of scientific developments for nearly four decades.

      The Centre and its partners have played a pivotal role in transforming the way students and the public interact with and learn about science, technology, engineering and mathematics. Since 1977, the Centre has welcomed over 30 million visitors and inspired them with more than 1,000 exhibits spread across 14 exhibition galleries and outdoor exhibition spaces.

      The Centre's group of attractions include Omni-Theatre, Snow City and KidsSTOP™. The Omni-Theatre is an immersive dual-technology edutainment destination fitted with Southeast Asia's largest seamless dome screen and featuring the latest and brightest 8k digital fulldome system in the world. Snow City is Singapore's only permanent indoor snow centre offering an Arctic inspired experience at Singapore's first ice gallery and snow chamber. KidsSTOP™ - Where every child gets to Imagine, Experience, Discover and Dream - is Singapore's first children's science centre offering an enriching experience through purposeful play for children aged 18 months to 8 years old. For more information, please visit www.science.edu.sg.

      Photo - Embedded Media Photo - Embedded Media Photo - Embedded Media Photo - Embedded Media Logo - Embedded Media (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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