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    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
    Markets climb in early trade on falling crude oil prices; RBI monetary policy decision awaited
    Rupee jumps 39 paise to 94.89 against US dollar ahead of RBI monetary policy decision
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    Show All SummariesHide All Summaries
    August 5, 2026
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    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
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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      HIGHLIGHTS AT 9 PM

      February 24, 2025

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      New Delhi, Feb 24 (PTI) Following are the top stories at 9 pm: NATION CAL37 BH-PM-2NDLD RALLY

      RJD brought 'jungle raj' in Bihar; Lalu stole fodder, made vulgar remarks about Kumbh: PM Modi Bhagalpur: Prime Minister Narendra Modi on Monday slammed the RJD, BJP-led NDA's principal rival in Bihar, accusing it of ushering in "rule of jungle" while in power and charged its founding president Lalu Prasad with "theft of fodder" and "vulgar" remarks about Maha Kumbh.

      DEL66 JK-SHAH

      Want a Jammu and Kashmir where no life is lost due to terrorism: Amit Shah New Delhi: There is peace in Jammu and Kashmir and this peace has to be permanent, and the Narendra Modi government's aim is to make a Jammu and Kashmir where no life is lost due to terrorism, Union Home Minister Amit Shah said here on Monday.

      DEL55 PAR-PANEL-I-T-BILL

      Parliament panel examining I-T Bill holds first meeting New Delhi: The Finance Ministry on Monday briefed the members of a Select Committee of Lok Sabha on various aspects of the Income Tax Bill as the panel headed by BJP MP Baijayant 'Jay' Panda held its first meeting.

      DEL59 CPI(M)-NOTE-POLITICAL RESOLUTION

      Modi government not neo-fascist, in spite of manifestations of characteristics: CPI(M) New Delhi: Deviating from its usual practice, the CPI(M) has issued a note to its state units on the draft political resolution for the upcoming party congress. The note says the party does not consider the Narendra Modi government or the Indian State as "neo-fascist", even as there are manifestations of "neo-fascist characteristics".

      DEL67 BSF-PAK BORDER-TROOPS BSF mobilises more troops to units along Pak border in Punjab, Jammu; creates 9 'tactical' HQs

      New Delhi: The BSF has ordered mobilisation of additional manpower at posts along the India-Pakistan border in Punjab and Jammu as part of its measures to strengthen the anti-infiltration grid and check the intrusion of drones carrying ammunition or drugs, official sources said Monday.

      DEL68 MEA-JAISHANKAR-PEACEKEEPING

      India proud of its contributions to UN peacekeeping: EAM Jaishankar New Delhi: India will continue to contribute meaningfully to the cause of UN peacekeeping and it is committed to supporting Global South nations in building peacekeeping capacities, External Affairs Minister S Jaishankar said on Monday.

      DEL76 NIA-TN-RADICALISTAION

      NIA chargesheets man for radicalising youth, working towards establishing Islamic caliphate in India New Delhi: The National Investigation Agency (NIA) on Monday chargesheeted a man from Tamil Nadu for radicalising youth and working towards establishing Islamic caliphate in India, according to an official statement.

      BOM30 MH-FADNAVIS-OSDS

      Fadnavis approves 109 names as OSDs and PS to ministers; 'won't appoint fixers' Mumbai: Maharashtra Chief Minister Devendra Fadnavis on Monday said he cleared 109 out of 125 names referred by cabinet ministers for their appointment as personal secretaries or OSDs but didn't approve others because they are either facing inquiries or known as "fixers".

      BOM32 GJ-CONG-AICC SESSION-GOHIL

      Gujarat to host AICC session after 64 years Ahmedabad: When the Congress holds its AICC session in Ahmedabad in April, it will only be the third time in the party's 139-year-old history that Gujarat will host this mega conclave with the last one held 64 years ago in 1961 in Bhavnagar.

      BOM33 MH-PAWAR

      Anyone with self-respect would've quit, says Pawar on Munde; slams Gorhe for 'Merc' comment Mumbai: Anyone with self-respect would have quit, NCP (SP) supremo Sharad Pawar said on Monday amid demands that Maharashtra minister Dhananjay Munde resign after his close aide was held in a case that has made national headlines.

      BOM37 MH-LD-ALLAHBADIA

      India's Got Latent show row: Maharashtra Cyber questions Ranveer Allahbadia for around 5 hours Mumbai: Maharashtra Cyber officials questioned YouTubers Ranveer Allahbadia and Ashish Chanchlani for around five hours on Monday in connection with India's Got Latent show controversy after they appeared before the agency to record their statements, officials said.

      CAL38 AS-PM-SUMMIT-EXHIBITION

      PM to inaugurate biz summit exhibition with focus on Assam’s strengths, potential Guwahati: From Assam’s traditional textile industry, tourism potential to futuristic semiconductor units, the state’s traditional strengths and future potential will be on display at an exhibition to be inaugurated by Prime Minister Narendra Modi on Monday, as part of a business summit here.

      CAL42 WB-DOCS-LD MAMATA

      Mamata hikes salary of govt doctors, seeks strict punishment for RG Kar case culprit Kolkata: West Bengal Chief Minister Mamata Banerjee on Monday announced a salary hike for government doctors in the range of Rs 10,000 to Rs 15,000.

      MDS24 TL-TUNNEL-LD ALL

      Telangana tunnel collapse: Rescue ops continue while hope for survival of 8 trapped persons dims Hyderabad: After being trapped for over two days under debris and muck, the chances of survival of the eight persons in the SLBC tunnel following a partial collapse appear bleak, even as every effort is made to reach them.

      MDS23 KA-KUMARASWAMY-MUDA

      Lokayukta report on MUDA scam manipulated for CM Siddaramaiah''s convenience: Kumaraswamy Mysuru: Accusing Chief Minister Siddaramaiah of orchestrating the Lokayukta report to suit his convenience, Union Minister H D Kumaraswamy on Monday took a jibe at the Lokayukta, stating that the institution itself needs "divine protection" after it submitted a 'B Report' (one that gives clean chit) to the court regarding the first four accused in the MUDA scam case.

      LEGAL LGD14 GREEN-MAHAKUMBH-OPEN DEPECATION

      Plea on open defecation at Mahakumbh: NGT asks petitioner for supporting evidence New Delhi: The National Green Tribunal on Monday directed the petitioner to provide to the UP pollution body the supporting material to substantiate the allegations on open defecation at Mahakumbh in Prayagraj owing to the absence of functional or clean bio-toilets.

      LGD16 SC-ANTI-HIV DRUGS

      SC seeks replies from Centre, states over procurement, quality of HIV drugs New Delhi: The Supreme Court on Monday asked the Centre and the states to file their responses over the quality of anti-retroviral therapy drugs for treating HIV patients in the country.

      LGD19 SC-MENTAL HEALTH

      SC seeks info from Centre on central, state mental health facilities New Delhi: The Supreme Court has directed the Centre to inform it about the establishment and functioning of the Central Mental Health Authority, State Mental Health Authority and Mental Health Review Board.

      LGD23 SC-MISLEADING ADVERTISEMENTS

      Machinery for citizens to flag misleading ads needed: SC New Delhi: The Supreme Court on Monday underscored the importance of creating a mechanism for citizens to file complaints on misleading advertisements.

      LGD26 SC-SUB-CASTES-NOMENCLATURE

      Can caste certificate nomenclature be modified sans jeopardising rights? SC asks Centre New Delhi: The Supreme Court on Monday asked the Centre to consider changing the nomenclature but retain the character of rights of persons from the scheduled caste category to avoid using certain terms in the caste certificates issued to them.

      FOREIGN FES7 PAK-AZERBAIJAN-GWADAR

      CPEC's Gwadar Port may emerge as key trade hub for Pak, Azerbaijan as both explore deeper ties Islamabad: Gwadar Port, a key project of the China-Pakistan Economic Corridor (CPEC), could emerge as a key trade hub for Pakistan and Azerbaijan as the two countries explore deeper connectivity and infrastructure collaboration, according to a media report on Monday.

      FES8 PAK-INDIA-HINDUS

      Over 100 Hindu pilgrims from India arrive in Pak to attend religious festivities at Katas Raj temples Lahore: Over 100 Hindu pilgrims from India arrived in Lahore on Monday to attend religious festivities at Shri Katas Raj temples in Pakistan's Punjab province, an official said.

      PTI ARI ARI ARI

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