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    RBI invites public comments on Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks
    Pakistan-origin dry dates, routed through UAE, seized at Kandla port
    RBI keeps rates unchanged, retains neutral stance; outlook uncertain on El Nino, geopolitical risks
    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
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    August 5, 2026
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    On-tap licensing for Urban Co-operative Banks enters public consultation through draft guidelines inviting stakeholder feedback.
    Draft guidelines for 'on tap' licensing of Urban Co-operative Banks have been issued for public and stakeholder consultation. Comments and feedback may be submitted until September 05, 2026, through the designated online consultation facility or by written or email submission to the specified regulatory department.
    August 5, 2026
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    Prohibition on indirect Pakistan-origin imports targets alleged origin misdeclaration and UAE routing used to circumvent trade restrictions.
    Import prohibition on goods originating in Pakistan applies to direct and indirect imports under the Foreign Trade Policy, 2023. Pakistan-origin dry dates routed through the UAE were allegedly declared as UAE-origin goods for import, and were intercepted under the Customs Act, 1962. Investigation indicated that the goods were first sent from Pakistan to Dubai, re-containerised, and then exported to India. A separate interception involved Pakistan-origin guggul resin allegedly declared as Somali natural resin and routed through Dubai.
    August 5, 2026
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    Neutral monetary policy stance keeps benchmark rates unchanged while inflation risks, liquidity management and consumer-protection reforms remain under review.
    Monetary policy maintains the benchmark policy rate unchanged and retains a neutral stance, with future decisions guided by incoming data. The central bank remains committed to aligning headline inflation with its medium-term target while monitoring food, fuel and other input-cost risks. Surplus liquidity will be managed through two-way operations, and the regulatory framework for interest rates on advances is proposed to be harmonised and standardised across regulated entities to improve transparency and consumer protection.
    August 5, 2026
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    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
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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
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    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.

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      Best Astrologer in Bangalore: Acharya Indravarman Provides Consultation and Solution for Various Life Troubles

      April 1, 2025

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      In a city where modern technology intersects with ancient traditions, Bangalore is not just the Silicon Valley of India—it’s also a cultural haven where centuries-old practices like Vedic astrology continue to thrive. For thousands of individuals, astrology is more than just a belief; it’s a roadmap to understanding destiny, overcoming life's hurdles, and aligning their lives with the cosmic order. Amid the bustle and brilliance of this ever-growing metropolis, one name stands tall when it comes to astrological consultation—Acharya Indravarman.

      He isn’t just another astrologer offering templated predictions or generalized advice. Instead, Acharya Indravarman has become synonymous with precision, empathy, and mastery in the mystical science of astrology, especially among the discerning residents of Bangalore and the global Indian diaspora. From career crossroads to marital discord, financial instability to spiritual stagnation—his insights are guiding lights for those sailing through life's unpredictable tides.

      Let’s explore how this celebrated astrologer is transforming lives with age-old wisdom, cutting-edge relevance, and a soulful approach that’s rooted in spiritual tradition.

      Meet Acharya Indravarman: A Modern Sage with Ancient Roots In a world obsessed with credentials and qualifications, Best astrologer in Bangalore Acharya Indravarman stands apart not only because of his profound academic grounding in Jyotish Shastra but also because of his multi-generational family lineage steeped in Vedic wisdom. Hailing from a respected family of spiritual practitioners, Acharya Indravarman inherited the secrets of astrology, tantra, and Vedic rituals from his ancestors—wisdom passed down not through books alone but through years of disciplined practice, oral traditions, and lived experiences.

      What sets him apart isn’t just his astrological expertise but his ability to blend ancient science with modern-day challenges. With over two decades of professional experience, he brings a level of clarity and compassion that speaks to both sceptics and believers alike.

      Why Bangalore Trusts Him: A City’s Bond with Its Guiding Star Bangalore is home to a blend of ambitious techies, creative professionals, entrepreneurs, students, and retirees. It’s a city of opportunities, but also one that amplifies stress, competition, and emotional upheaval. In this context, Acharya Indravarman’s name often surfaces as a spiritual compass—someone who doesn’t just foretell, but empowers individuals to steer their life toward resolution.

      His clientele includes corporate professionals suffering from career burnout, students grappling with academic pressure, couples navigating marital strife, and even seasoned entrepreneurs seeking cosmic alignment for business ventures. Bangaloreans are drawn to him because he doesn’t offer shortcuts—he offers perspective, precision, and purpose.

      Personalized Horoscope Consultations: More Than Just Sun Signs One of Acharya Indravarman’s strongest suits is his uncanny accuracy in horoscope analysis. Using the traditional Vedic chart (Janma Kundali), divisional charts, planetary transits, and dashas, he crafts insights that resonate deeply with each individual. His clients often remark how he touches upon unspoken thoughts or long-forgotten incidents simply through astrological readings.

      But it’s not just about accuracy—it’s about application. He helps clients connect the dots between their planetary placements and real-life patterns, offering advice on how to navigate challenges or harness potential.

      For example, a struggling IT professional might discover that his Saturn Mahadasha is demanding discipline and delay, not defeat. A young woman facing repeated heartbreaks may realize how Venus afflictions in her 7th house require spiritual healing, not just dating apps. Through detailed consultations, Acharya Indravarman translates complex astrological language into actionable life advice.

      Vedic Remedies Tailored to the Individual What happens after you receive a horoscope reading? Most astrologers stop at prediction—but Acharya Indravarman believes that the journey only begins there.

      His approach is solution-oriented, offering customized remedies that are ethical, non-commercial, and deeply rooted in Vedic tradition. Depending on the situation, these could include: • Mantras and Stotra recitations • Vrat (fasting) and daan (charitable giving) • Yantras and rituals for planetary peace • Simple lifestyle alignments tied to one’s planetary strengths • Specific days and timings for auspicious actions What makes his remedial astrology so impactful is the focus on practicality and sustainability. He doesn’t burden clients with overwhelming or expensive rituals. Instead, his suggestions are rooted in one's own spiritual capacity, cultural background, and personal schedule.

      Master of Tantra: Navigating the Unseen While the word “Tantra” often carries an air of mystery or misunderstanding, Best tantrik in Bangalore Acharya Indravarman’s mastery over Shakta Tantra and Kaula Tantra brings deep healing and transformation—especially for those dealing with spiritual blockages, relationship curses, ancestral karmas, or unexplainable mental unrest.

      For individuals in Bangalore’s fast-paced corporate jungle who feel inexplicably “stuck” despite their material success, his Tantric wisdom provides release and revival. Whether it’s a sense of stagnation in life, chronic relationship failure, or energies that drain one’s motivation—he addresses these not as psychological flukes but as imprints on the subtle body.

      Famous tantrik in Bangalore rituals are precise, time-honoured, and always rooted in respect for the deities and the ethics of the path.

      Special Focus: Solving Marital and Relationship Issues Among the many issues clients approach him for, marital problems and relationship dilemmas top the list. In a city like Bangalore, where love often competes with work commitments and cultural expectations, many couples find themselves on the brink of separation, despite deep affection.

      Marriage astrologer Acharya Indravarman takes a unique, multi-dimensional approach to these issues: • Horoscope compatibility analysis for couples • Understanding doshas like Manglik, Nadi, or Bhakoot • Analysing emotional patterns from Moon and Venus placements • Tantric rituals for relationship harmony • Suggesting remedial actions to break karmic cycles in love Whether it’s a newly married couple facing misunderstandings or an estranged pair seeking reconciliation, his consultations have helped revive trust, rekindle love, and rebuild harmony.

      Navigating Career and Finance Challenges In the tech-driven pulse of Bangalore, career anxiety and financial instability are common complaints. Career astrologer Acharya Indravarman brings a spiritual lens to these modern concerns.

      Whether it’s sudden job loss, repeated failures in interviews, or unpredictable business outcomes, he reads the root cause from the birth chart and provides time-bound solutions. With his help, clients often discover the right timing for investment, the most suitable career domains, or the astrological reasons for recurring failures.

      Several of his corporate clients credit him for helping them align their career trajectory with their planetary strengths—some even choosing a strategic shift in industry or location based on his guidance.

      Helping the Indian Diaspora in Bangalore with Family and Children Issues As Bangalore becomes increasingly global, it has welcomed a vibrant Indian diaspora—professionals, expats, and families from various corners of India and the world. But adjusting to a new lifestyle often comes with invisible tensions, especially within families.

      Many of Acharya Indravarman’s NRI and outstation clients consult him for parent-child misunderstandings, cultural disconnects, and kids’ discipline issues. Children who are raised in liberal, digital-first environments often find it hard to connect with traditional Indian values, leading to a growing generational gap.

      His counsel focuses on: • Family compatibility analysis • Remedies for children with astrological afflictions • Spiritual practices for parental bonding • Tantric peace rituals for harmonious home environments Remedial Measures for Health, Legal and Love Problems: What makes his remedial astrology so impactful is the focus on practicality and sustainability. He doesn’t burden clients with overwhelming or expensive rituals. Instead, his suggestions are rooted in one's own spiritual capacity, cultural background, and personal schedule.

      For those facing persistent health issues or mysterious medical problems, Medical astrologer Acharya Indravarman's remedies go beyond mere prescriptions. He carefully studies the 6th house, the planetary aspects on the ascendant, and the influence of malefic transits. Whether it’s chronic fatigue, reproductive complications, or anxiety rooted in planetary affliction, he prescribes mantras, fasting routines, and deity-specific worship to strengthen vitality. In cases where traditional medicine finds no clear diagnosis, his holistic remedies—combined with spiritual discipline—have brought unexpected recovery and peace of mind to many.

      Similarly, clients entangled in legal battles or courtroom stress often find clarity through his readings. By analysing Mars, Saturn, and Rahu placements, he identifies the underlying karmic tensions or adversarial planetary combinations. For such individuals, he recommends specific dates for filing responses, suggests astrological remedies to weaken the opponent's influence, and even provides powerful mantras for legal Favor. His interventions have helped people avoid imprisonment, settle disputes gracefully, or simply endure long-drawn trials with resilience.

      For couples on the brink of separation, marriage problem solution astrologer Acharya Indravarman offers divorce prevention remedies that focus not just on relationship repair, but karmic healing. When Venus or the 7th house is afflicted, or when emotional planets like Moon and Mercury fall into hostile configurations, misunderstandings escalate. Through personalized rituals, parihara pujas, and compassionate counselling, he helps rekindle respect and affection—allowing partners to rebuild their bond from a sacred place. His work in this area has been especially praised among middle-aged couples and working professionals juggling family pressure with emotional exhaustion.

      And for those caught in the whirlwind of modern **love problems—unrequited love, betrayal, confusion, or lack of closure—** Love astrologer Acharya Indravarman brings both spiritual insight and soul-healing guidance. By identifying planetary blocks affecting intimacy and trust, especially through Venus-Rahu or Moon-Ketu afflictions, he curates a remedial path of mantras, spiritual vows, and sadhanas. Whether someone is seeking the return of a partner, release from emotional pain, or clarity to move forward, his remedies are gentle yet deeply transformative.

      Online Consultations: Wisdom at Your Fingertips Bangalore is a city that never stops. Whether it's traffic snarls, packed schedules, or work-from-home fatigue—visiting an astrologer in person is not always feasible. Best Online astrologer in Bangalore Acharya Indravarman offers online consultations that are just as profound and personalized as face-to-face meetings.

      Using video calls, WhatsApp, and email communication, he caters to clients not just across Bangalore but around the globe. These virtual sessions are detailed, confidential, and highly interactive—giving people direct access to spiritual clarity from the comfort of their homes.

      English Fluency Meets Spiritual Depth One of the often-overlooked aspects of a good consultation is language. While many traditional astrologers struggle with articulating their thoughts in English, Acharya Indravarman is eloquent and precise in his communication. Whether you're a techie from Boston or a homemaker from Basavanagudi, he explains complex astrological concepts in simple, fluent English—making spiritual knowledge accessible and engaging.

      Affordable Yet Priceless: Wisdom Without Exploitation In a world where spirituality is increasingly commercialized, Acharya Indravarman remains rooted in his dharmic principles. His consultation fees are transparent, reasonable, and accessible—making it possible for people from all walks of life to benefit from his guidance without financial stress. His consultation fee is 5000 Rupees.

      Unless a necessary he doesn’t upsell rituals or pressure clients into expensive pujas. Instead, he focuses on genuine healing, ensuring that people walk away with clarity, strength, and practical action points.

      What Clients Say: Testimonials That Speak Volumes Ask anyone who has consulted Acharya Indravarman, and you’ll hear stories of breakthroughs, transformations, and emotional relief. His clients include software engineers, HR heads, designers, homemakers, students, retirees, and business owners—all of whom have one thing in common: they found answers where confusion reigned.

      One client recounts how a decade-long struggle with job instability ended after a powerful Saturn remedy recommended by the Acharya. Another remembers how her strained marriage slowly healed through simple rituals and a mantra practice.

      These aren’t just reviews—they’re testaments to a legacy that’s growing stronger with every life touched.

      A Spiritual Torchbearer for Bangalore In a city that prides itself on innovation and intellect, Top astrologer in Bangalore Acharya Indravarman is proof that tradition and progress are not at odds—but perfect allies. He represents a new wave of astrologers—authentic yet modern, compassionate yet disciplined, grounded in dharma yet open to dialogue.

      Whether you’re seeking spiritual solace, practical guidance, or simply curious about what your stars hold, consulting Acharya Indravarman isn’t just an appointment—it’s an awakening.

      Final Word When life’s complexities cloud your judgment and the usual answers don’t suffice, sometimes the stars hold the key. Acharya Indravarman’s astrological consultations are not about fatalism—they’re about empowerment. They help you connect with your higher purpose, realign your decisions with cosmic patterns, and overcome struggles with clarity and courage.

      In a city that’s always evolving, it’s comforting to know that timeless wisdom still has its place—and that wise souls like Acharya Indravarman are here to help us decode the divine rhythm of our lives.

      (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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