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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
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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
    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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      La Excellence IAS Academy Celebrates Unprecedented Success with 78+ Rankers in UPSC 2024 , Highest in South India

      April 23, 2025

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      Hyderabad (Telangana) [India], April 22: La Excellence IAS Academy, one of India’s premier coaching institutions for civil services aspirants, has once again proven its excellence with outstanding results in the UPSC 2024 Civil Services Examination. The academy is proud to announce that it has produced over 78+ students with coveted All India Ranks (AIR) in this year’s examination, continuing its legacy of success and academic excellence.

      Founded in 2009 by Dr. Rambabu Paladugu, Mr. Narendranath (IFS), and Dr. Chandra Shekhar (IRS), La Excellence initially started as “Let’s Unite for Excellence (LUFE)” in Delhi before expanding to Hyderabad and then further to Bangalore. Over the years, the academy has consistently helped thousands of aspirants achieve their dream of entering prestigious services like IAS, IFS, IPS, and other central services.

      The academy’s top-performing students for UPSC 2024 have made waves across the country, with several securing top positions, demonstrating the institution's commitment to providing high-quality education and guidance. La Excellence’s carefully structured programs, which include regular mock tests, personalized mentoring, and in-depth subject material, have been crucial in helping students navigate the demanding path to the Indian Administrative Service.

      Dr. Rambabu Paladugu, Chairman of La Excellence IAS Academy, expressed his delight at the academy's remarkable performance. “This achievement is the culmination of relentless effort, discipline, and the dedication of both our students and faculty members. La Excellence stands as a beacon of hope for those pursuing their civil services dreams. We have always focused on providing comprehensive, personalized training, and our success in the UPSC 2024 results reaffirms the effectiveness of our approach,” he said.

      Dr. Paladugu also took a moment to congratulate all the successful candidates, emphasizing that La Excellence's commitment to innovation and quality education will continue to play a vital role in shaping the future of India’s civil services. “We are immensely proud of our students who have successfully cracked the UPSC exams. Their achievements reflect the hard work and passion they’ve shown, and we will continue to provide them with every tool they need for future success,” he added Ram Mohan, the Academic Director of La Excellence IAS Academy, shared his thoughts on the academy’s success in the UPSC 2024 results. “The journey to UPSC success is not easy, but with the right guidance, tools, and mentorship, our students have proved that excellence is achievable. Our faculty works tirelessly to ensure that each student is equipped with not just academic knowledge, but also the strategic mindset needed to succeed. We are proud of our students’ achievements and remain committed to refining our approach to provide even more tailored support for the future aspirants. La Excellence's consistent success is a reflection of our commitment to academic integrity and the relentless pursuit of excellence,” he said.

      Several successful students shared their experiences of their UPSC journey at La Excellence: • Raj Krishna Jha AIR 8: "The Interview Guidance Program (IGP) at La Excellence was a key factor in my success. The personalized mentorship allowed me to pinpoint my strengths and use them effectively during the interview, making all the difference." • Banna Venkatesh AIR 15: "The thorough study material and regular test series offered by La Excellence were essential in keeping me on track throughout my preparation. The academy's continuous support provided the structure I needed for my UPSC journey. The ecosystem La Excellence has built for UPSC preparation is unmatched." • Sravan Kumar Reddy AIR 62: "After several attempts at UPSC, I found the General Studies coaching at La Excellence to be transformative. With Ram Mohan's expert guidance and a focused, personalized approach, I was able to sharpen my skills and significantly improve my performance." A Comprehensive Approach to UPSC Preparation La Excellence offers a range of specialized courses that cater to the unique needs of every aspirant. Among their flagship offerings is the Prelims Cum Mains (PCM) Foundation Course, which integrates both stages of the examination, the Rapid Revision Programs (RRP) for last-minute preparation, and Interview Guidance Programs (IGP) that offer personalized mock interviews and feedback from experienced faculty.

      The academy’s state-of-the-art infrastructure ensures that students have access to an environment conducive to focused study. Spacious classrooms, a 24/7 study hall, well-equipped libraries, and advanced technology make La Excellence a preferred choice for civil services aspirants. Additionally, the Degree + IAS Program integrates academic education with IAS preparation, offering students a well-rounded approach to their education.

      Looking Ahead: Building Future Leaders With its unwavering commitment to quality, La Excellence continues to evolve, ensuring that every student receives not only the academic preparation but also the emotional and psychological support necessary for success in the UPSC examination. The academy's expert faculty, student-centric approach, and innovative programs make it the first choice for students across India who dream of entering the civil services.

      As La Excellence celebrates the 2024 UPSC results, the academy reiterates its commitment to shaping the next generation of civil servants, ready to lead and serve the nation with integrity and dedication.

      La Excellence IAS Academy is a leading institution dedicated to providing high-quality coaching for the Civil Services Examination. With a proven track record of producing top ranks in UPSC, IFS, IPS, and other central services, the academy offers a wide range of programs designed to equip students with the necessary skills and knowledge to excel in the competitive field of civil services.

      For more information about La Excellence IAS Academy’s offerings and admission process, please visit www.laex.in.

      List of All UPSC 2024 Rankers • AIR 8 RAJ KRISHNA JHA • AIR 11 ETTABOYINA SAI SHIVANI • AIR 15 BANNA VENKATESH • AIR 38 ABHISHEK SHARMA • AIR 41 SACHIN BASAVARAJ GUTTUR • AIR 43 AVDHIJA GUPTA • AIR 46 RAVULA JAYASIMHA REDDY • AIR 62 CHINTAKINDI SHRAVAN KUMAR REDDY • AIR 68 SAICHAITANYA JADHAV • AIR 78 ABHISHEK SINGH • AIR 95 DEVIKA PRIYADERSINI • AIR 96 ADITYA ACHARYA • AIR 114 VIVEK GARG • AIR 146 CHALLA PAVAN KALYAN • AIR 154 NELLURU SAI TEJA • AIR 199 SOURABH RAJENDU • AIR 221 BOLLAM UMAMAHESWAR REDDY • AIR 232 POOLA DHANUSH • AIR 233 VIJAYLAKSHMI • AIR 255 POTHARAJU HARI PRASAD • AIR 260 SOURABH KUMAR • AIR 263 PREETHI A C • AIR 279 KANISHAK AGGARWAL • AIR 284 SHIVANSH TRIPATHI • AIR 316 K SRINIVASA KEERTHI REDDY • AIR 332 MANISH SHARMA • AIR 392 JEENU SRI JASWANTH CHANDRA • AIR 394 AKSHITA TRIVEDI • AIR 399 ACHAL ANAND • AIR 400 KRITIKA NOGRAIA • AIR 440 MANTHAN JINDAL • AIR 446 MADHAVI R • AIR 455 POTUPUREDDI BHARGAV • AIR 462 RAHUL C YARANTELI • AIR 523 BHANU PRAKASH J • AIR 529 PANDURANG S KAMBALI • AIR 532 SANDEEP GUPTA • AIR 544 A MADHU • AIR 567 BHARATH C YARAM • AIR 577 BONTHALA SAI VINOD KRISHNA • AIR 579 ANAMIKA PANDEY • AIR 587 KASHISH GUPTA • AIR 602 RITWIK RAI • AIR 605 DESAI DILIPKUMAR KRISHNA • AIR 615 DAYANANDA SAGAR L • AIR 638 ADITYA KESHRI • AIR 663 ANKIT ANAND • AIR 668 UDIT KUMAR SINGH • AIR 671 THAKRE NAMRATA ANIL • AIR 672 DISHA DWIVEDI • AIR 681 DONEPUDI VIJAY BABU • AIR 682 SUMITI • AIR 690 SANJAY SHASHIKANT KOUJALAGI • AIR 695 ARYAMAN YADAV • AIR 696 PRIYANKA RATHORE • AIR 700 M VENKATESH PRASAD SAGAR • AIR 714 VISHAL MAHAR • AIR 736 BHAVIRI SANTOSH KUMAR • AIR 745 SARAVANAKUMAR T • AIR 746 PATEL SHRITESH BHUPENDRA • AIR 769 KIRUTHIKA M • AIR 770 ATLA THARUN TEJA • AIR 779 ANNU GUPTA • AIR 798 SANAGAVARAPU SAI BHARGAVA • AIR 799 THOGARU SURYATEJA • AIR 807 SANKAR PANDIARAJ • AIR 808 ADITI PATEL • AIR 814 GANGADHARI VIKRAM • AIR 831 KULYE SHRUSHTI SURESH • AIR 839 WANGE SAMPADA DHARMARAJ • AIR 871 RAJU NAMDEO WAGH • AIR 918 KARTHIK D • AIR 934 GOKAMALLA ANJANEYULU • AIR 938 BANOTHU SRINIKESH NAIK • AIR 949 RAMTENKI SUDHAKAR • AIR 975 RAVADA SAI MOHINI MANASA • AIR 976 RASHMI G (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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