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    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
    Punjab govt committed to paying all valid dues; legal options being examined: FM Cheema
    ED searches multiple locations in Punjab, Chandigarh in PMLA case against PSIEC officials
    Rupee gains 9 paise against US dollar
    India, US working towards interim trade agreement: MEA
    Govt to adopt appropriate measures to mitigate fuel price volatility: MoS Finance
    Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LS
    Champion Mirabai Chanu Unveils MMTC-PAMP's 'Virasat' Recycled Gold Coin to Celebrate India's 80th Year of Independence
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    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
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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.
    August 5, 2026
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    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.
    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
    Show AI Summary
    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.
    August 4, 2026
    Show AI Summary
    Rupee exchange-rate movement gains support from capital inflows, while oil prices, dollar strength and monetary policy shape sentiment.
    Rupee exchange-rate movement was supported by foreign capital inflows and improved global risk sentiment, while elevated crude-oil prices and a stronger US dollar constrained gains. Market attention shifted to monetary policy, overseas dollar-deposit incentives and easier foreign access to government bonds, which were reported to support capital inflows and India's external position. A cautious approach to the benchmark repo rate was expected amid assessment of the West Asia conflict.
    August 4, 2026
    Show AI Summary
    Interim bilateral trade agreement negotiations continue as both sides work to finalise unresolved issues in the proposed arrangement.
    Interim bilateral trade agreement negotiations between India and the United States are continuing. Both sides have undertaken substantial work, while certain issues remain to be finalised before completion of the proposed interim trade arrangement. A United States Trade Representative delegation visited India to advance discussions. The text records the status of negotiations and identifies no concluded agreement or operative customs measure.
    August 4, 2026
    Show AI Summary
    Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
    Fuel-price volatility is to be mitigated through fiscal and administrative measures that protect consumers while maintaining fiscal sustainability. The approach includes monitoring revenue and expenditure, reprioritising spending, and using fiscal measures when economic conditions require. Reduced central excise duty on petrol and diesel moderated the impact of elevated international crude prices and partly offset under-recoveries of public-sector oil marketing companies. Longer-term measures include revenue mobilisation, import diversification, Strategic Petroleum Reserves, cleaner fuels and energy efficiency.
    August 4, 2026
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    Tax policy certainty reforms propose easier fund management, data-centre access, electronics incentives and revised electronic-payment charging rules.
    The proposed Bill seeks to simplify conditions for foreign investment funds using fund managers in India without being treated as carrying on business in India, while retaining safeguards against misuse and round-tripping. It proposes removal of approval requirements for foreign cloud companies using Indian data centres and permits leased operation of Indian data centres. It also extends tax support for foreign companies participating in electronics contract manufacturing and component warehousing, preserves tax-free dividends for REIT and InvIT investors in specified circumstances, and removes the prohibition on Merchant Discount Rate charges for notified electronic payment modes.
    August 4, 2026
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    Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
    Responsible precious-metals recycling is promoted through a commemorative recycled-gold coin intended to support domestic recycling, responsible sourcing and a self-reliant supply chain. The product is described as having certified purity authentication, tamper-proof packaging, a unique identification number and an assayer-certified minted card. The initiative seeks to reduce dependence on imported gold and expand organised, transparent recycling infrastructure. An organised silver buyback programme is also described as supporting secure consumer sales and a circular economy for precious metals.

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      Why Neck Pain Can Be Eased with the Kurlon Chimera Pillow

      April 7, 2025

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      New Delhi [India], April 7: Neck pain is among the most prevalent complaints experienced by individuals today, whether due to working long hours at a desk, poor sleeping posture, or even stress. Waking up with a stiff neck can ruin your day, making simple activities such as turning your head, working, or even relaxing uncomfortable. But imagine if a pillow could provide comfort to ease your neck pain and enhance the quality of sleep.

      Introducing the Kurlon Chimera Pillow, a game-changer for ultimate neck and spine support! If you’ve been searching for the best pillow for neck support, look no further. Designed to cradle your neck perfectly, this innovative pillow helps relieve neck pain and ensures a restful, rejuvenating sleep. Let’s explore what makes it a must-have for your bedtime routine! How the Kurlon Chimera Pillow Helps with Neck Pain Are you struggling with neck pain that disturbs your sleep? The Kurlon Chimera Pillow is specially designed to offer the best possible neck and spine alignment, reducing pressure points and ensuring deep relaxation. Its ergonomic design and premium materials work together to deliver ultimate support and comfort, making it the ideal choice for anyone wanting to wake up feeling refreshed and pain-free. Here's how it helps: 1. Ergonomic Design for Optimal Support One of the biggest causes of neck pain is improper sleeping posture. A pillow that is too firm or too soft can force your neck out of alignment, putting strain on the muscles and causing stiffness.

      The Kurlopillo Chimera is designed to cradle the head and support the natural curve of the neck. It is suitable for side sleepers, back sleepers, and even combination sleepers. The pillow is designed to maintain spine alignment, which reduces pressure on your neck muscles.

      2. High-Quality Foam for Contoured Comfort A quality foam pillow conforms beautifully to the shape of your neck and head, giving you personalized support. The Chimera Pillow features premium foam that conforms beautifully to your sleeping position, ensuring even weight distribution. Unlike regular pillows, which lose their shape with time, this pillow retains its structure, giving you long-term comfort and long-term durability.

      The foam also has pressure-relieving properties, meaning it eases muscle tension and stiffness of the muscles which often leads to neck pain. This makes it a great choice for people suffering from chronic pain or those recovering from neck injuries.

      3. Supports Proper Spine Alignment Your spine plays a crucial role in your overall posture, and improper sleeping positions can lead to chronic pain in the long term. The best pillow for neck support should ensure that your spine remains neutral throughout the night.

      The Kurlon Chimera Pillow ensures this alignment is maintained by preventing your head from tilting too far forward or backwards. It ensures that your shoulders, neck, and head stay in a comfortable position, reducing strain on the cervical spine and minimizing pain.

      4. Breathable and Cooling Fabric for Better Sleep Most individuals wake up in the middle of the night because their pillows trap heat and make them feel sweaty and uncomfortable. The Kurlon Chimera Pillow is designed with breathable materials that allow adequate airflow, keeping your pillow fresh and cool.

      The fabric cover is soft against the skin and efficiently wicks away moisture, ensuring a comfortable pillow experience all night long. For individuals who tend to overheat while sleeping, this pillow can significantly improve the quality of your sleep.

      5. Protection Against Bugs and Allergens If you are allergic or sensitive to dust mites, the Kurlon Chimera Pillow provides an extra level of protection. Its anti-allergenic properties help keep your sleeping environment clean and hygienic, reducing the risk of respiratory problems and skin irritations. This makes it a great option for individuals prone to allergies or asthma.

      6. Ideal for all Sleeping Positions Finding the right pillow can be challenging, particularly when different sleeping positions demand various levels of support. The Kurlopillo Chimera is designed to accommodate: • Side Sleepers – Offers the perfect balance of firmness and elevation to keep the head, neck, and spine in correct alignment, minimizing pressure points and avoiding stiffness upon walking.

      • Back Sleepers – Crades the natural posture of the neck, providing optimal support and preventing strain that could lead to discomfort or tension headaches.

      • Stomach Sleepers – Offers gentle yet firm support to prevent excessive neck bending, ensuring a more neutral spine position and reducing stress on the muscles.

      With this foam pillow, you don’t have to worry about switching positions in the middle of the night, your neck will remain supported regardless of how you sleep.

      Why Sleep Posture Matters for Neck Pain Relief Your sleeping posture is crucial in preventing neck strain. A misaligned neck can lead to muscle stiffness, tension headaches, and even long-term spinal problems. A good quality comfortable pillow such as the Chimera Pillow ensures that your body remains in a neutral position, preventing these problems from developing.

      By maintaining proper cervical alignment, you can enjoy: • Reduced stiffness and pain upon waking up.

      • Improved circulation and reduced muscle tension.

      • Fewer headaches and pressure points.

      • More restful, uninterrupted sleep.

      If you’ve been waking up with discomfort, it might not just be your mattress, it could be your pillow! Say Goodbye to Neck Pain with the Kurlon Chimera Pillow Neck pain can disrupt your sleep, lower your energy levels, and make daily activities uncomfortable. But the Kurlon Chimera Pillow, is engineered to alleviate pain, support your neck, and enhance overall sleep quality.

      Due to its ergonomic design, premium foam construction, and breathable materials, the Chimera Pillow stands out as the best pillow for neck support. Whether you sleep on your back, side, or stomach, this pillow adjusts to your needs, ensuring comfortable and pain-free sleep.

      So why suffer from neck pain when a simple change in your pillow could make all the difference? Upgrade to the Kurlopillo Chimera today and wake up feeling refreshed, renewed, and pain-free! Visit the Kurlon Chimera Pillow today and experience the comfort your neck deserves! (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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