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    Monthly review of accounts of Government of India upto June 2026 (FY 2026-27)
    DRI busts illegal drug manufacturing unit in Satara district in Maharashtra; two arrested
    CCI approves proposed combination inter alia involving share acquisition(s) and merger of certain entities e.g. AAPC India, Triguna, Caddie, SMPL, Tec...
    Rupee gains 20 paise to close at 95.08 against US dollar post-RBI policy decision
    TN Budget: Revenue deficit at Rs 55,775 crore, fiscal deficit estimated at Rs 1,21,819 crore
    Tatkare slams ‘gungi gudiya’ jibe against Sunetra; Cong says row being exploited for political gains
    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
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    August 6, 2026
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    Monthly public accounts review records receipts, expenditure, tax devolution, interest payments, subsidies, and capital spending through June.
    Consolidated monthly accounts up to June 2026 report total receipts of Rs.10,49,243 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.2,63,336 crore. Total expenditure is Rs.13,57,076 crore, including revenue expenditure of Rs.10,16,818 crore and capital expenditure of Rs.3,40,258 crore. Revenue expenditure includes interest payments and major subsidies.
    August 6, 2026
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    Illicit psychotropic drug manufacture triggered seizure, apprehensions, and investigation into planned trafficking under narcotics control law.
    Illicit manufacture and trafficking of Alprazolam and Diazepam, psychotropic substances regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985, were detected at a clandestine facility. Searches recovered finished and intermediary substances, together with raw materials and reaction mixtures used in manufacture, and the goods were seized under the Act. The manufacturer and an intended buyer were apprehended, with material indicating a proposed transaction for further illicit trafficking. Preliminary investigation indicated prior involvement in illegal drug production and trafficking.
    August 6, 2026
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    Competition approval for hotel-sector consolidation covers share acquisitions and merger of Accor-branded hotel entities into InterGlobe Hotels.
    Competition approval was granted for related share acquisitions and the merger of AAPC India, Caddie, Triguna, Srilanand Mansions, Techpark and Accent into InterGlobe Hotels. The combination involves entities jointly controlled by the Bhatia Family Group and the Accor Group, including hotel-owning and developing entities, hotel management and franchising operations, leasing activities, and captive consultancy and support services relating to Accor-branded hotels in India.
    August 5, 2026
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    Rupee appreciation followed unchanged monetary policy, lower crude prices, weaker dollar and expectations of orderly exchange-rate management.
    The rupee strengthened after the central bank maintained its policy rate and neutral monetary-policy stance. Lower crude oil prices, a weaker US dollar and declining US Treasury yields supported investor sentiment. Earlier measures to attract capital inflows remained part of the framework supporting the rupee, while the central bank stressed its endeavour to preserve an orderly currency trajectory. Future movement was linked to geopolitical de-escalation, global risk sentiment and US economic data.
    August 5, 2026
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    Fiscal consolidation through revenue mobilisation and leakage control aims to reduce deficits while expanding capital expenditure capacity.
    Tamil Nadu's Revised Budget Estimates for 2026-27 project a revenue deficit and fiscal deficit, with outstanding liabilities comprising public debt and public-account liabilities. Revenue mobilisation is proposed through improved tax administration, collection efficiency, closure of leakages, liquor-manufacturer privilege fees, and eligible Union grants. The strategy projects gradual deficit reduction to create room for capital expenditure, supported by expenditure reforms aimed at eliminating leakages, optimising expenditure, and improving service delivery.
    August 5, 2026
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    Political criticism of public office-holders raises debate over media accountability, personal remarks, and acceptable public discourse.
    Political criticism followed a social-media post describing Maharashtra Deputy Chief Minister Sunetra Pawar as "gungi gudiya" in connection with a press interaction on law-and-order issues in Beed district. Congress representatives stated that the post was not a personal insult, had been deleted after adverse reactions, and was followed by an expression of regret. NCP representatives termed the expression inappropriate and stressed that the principal dignitary should conduct media interactions. Shiv Sena (UBT) representatives described the phrase as not unparliamentary and linked it to criticism of a guardian minister's public responsibilities.
    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
    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
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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.

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      moto book 60 Goes on Sale April 23rd Onwards at Just Rs. 61,999* with Its Stunning Pantone Curated Colours, Premium & Sleek Metal Design, and 14” 2.8K OLED Display

      April 23, 2025

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      New Delhi, Delhi, India – Business Wire India • The moto book 60 goes on sale today at 12PM on Flipkart, Motorola.in and leading retail stores across India, including reliance digital along with the moto pad 60 pro.

      • The moto book 60 comes at a special launch offer discount of Rs. 5000 on leading credit and debit cards making the launch offer price starting at an attractive Rs. 61999*. User can also avail no cost emi offer starting at Rs. 5167 (12 month) • Available in stunning Pantone Curated Colours – Bronze Green and Wedgewood, the moto book 60 offers a bold design statement with thoughtful innovation.

      • The moto book 60 comes with Motorola’s proprietary Smart Connect, the central hub of a seamlessly integrated digital experience.

      • The moto book 60 flaunts a 14’’ 2.8K OLED display with the segment’s best 500 nits of brightness.

      • The moto book 60 is engineered to deliver seamless high performance, powered by the latest Intel® Core™ 7 and Intel® Core™ 5 processors.

      • Motorola also launched moto pad 60 pro Tablet that comes with moto pen pro bundled inside the box, features a 12.7” 3K display with a 144Hz refresh rate and MTK Dimensity 8300 processor, at a special launch offer starting at Rs. 24,999*.

      • Moto Tags also goes on sale along with moto book 60 and moto pad 60 pro at just Rs. 2,299.

      Motorola, a global leader in mobile technology and innovation and India’s leading~ AI smartphone brand – recently entered the laptop/ PC category with the launch of its first-ever laptop globally, the moto book 60, exclusively in the Indian market. Along with the brand, they also launched the moto pad 60 pro. The laptop comes in two stunning Pantone curated colours- Bronze Green and Wedgewood and measures just 1.39 Kg. Captivating users with its stunning looks owing to its all-metal body, vibrant colours and comes with military grade durability.

      With Smart Connect, the moto book 60 becomes the central hub of a seamlessly integrated digital experience. Users can link their Moto Book 60 with smartphones, tablets, and other devices in their ecosystem, creating a fluid and connected ecosystem. Features like Smart Clipboard enable users to copy and paste content across devices effortlessly, while Swipe to Share allows for quick, intuitive content sharing with a simple gesture. Additionally, File Transfer ensures fast and hassle-free movement of files between devices.

      It comes equipped with a 14’’ 2.8K OLED display with segment’s leading 500 nits of peak brightness. Along with Stereo speakers with Dolby Atmos® for crisp and clear sound. The moto book 60 is powered by the latest Intel® Core™ 7 and Intel® Core™ 5 processors. With ample memory and storage capacity, the moto book 60 ensures instant access to files and smooth operation throughout the day.

      Furthermore, the moto book 60 is equipped with a 60Wh battery and delivers long-lasting performance without the need for frequent recharging. Complementing its battery capacity is a 65W fast charger that powers up the device in record time.

      Coming to the moto pad 60 pro Tablet, available in a premium Pantone Curated Bronze Green colour. Paired seamlessly with the tablet, the moto pen pro offers a highly responsive and refined stylus experience ideal for a wide range of users from professionals, students to content creators alike. Designed for pro-level entertainment, the moto pad 60 pro boasts a stunning 12.7” 3K display with a 144Hz refresh rate, delivering exceptionally smooth visuals and sharp detail, complemented with a quad-JBL speaker system enhanced by Dolby Atmos® provides immersive, spatial audio. Equipped with a massive 10,200mAh battery, the moto pad 60 pro supports uninterrupted work and entertainment throughout the day.

      The newly launched moto tag lets you find anything anywhere and seamlessly integrates with Google’s Find My Device network will also be available for sale April 23rd onwards at just Rs. 2,299. It is easy to set up and locate on any Android phone and is unbelievably precise.

      A simple, stylish solution to find your everyday essentials. moto tag pairs easily with third-party accessories from popular brands, so you can rest easy knowing that wherever you go, your valued possessions are never truly out of sight.

      Designed for durability, it is built to keep the elements out so your tag can still track even when wet*. It also boasts a one-year battery life* with everyday use. Easy to replace batteries sold separately.

      Availability: The moto book 60 is available in 2 memory/storage variants – 16GB RAM + 512 GB Storage and 16 GB RAM + 1 TB Storage with Intel® Core™ 7 and one memory Variant – 16 GB + 512 GB with Intel Core™ 5 processor. The devices are available in 2 stunning Pantone Curated Colours – Wedgewood and Bronze Green.

      The moto pad 60 pro is available in 2 Memory Variants – 8 GB RAM + 128 GB Storage and 12 GB RAM + 256 GB Storage in Pantone Green Bronze.

      Both devices are available on Flipkart, Motorola.in and leading retail stores starting today.

      The moto tag comes in two colors: Starlight Blue and Jade Green and is available on Flipkart and Motorola.in.

      Pricing: moto book 60 Intel® Core™ 5 (16 GB + 512 GB) Effective Special Launch Price: 61,999* (inclusive of instant discount on select credit and debit card transactions) Regular Price: 66,990 Intel® Core™ 7 16 GB + 512 GB Effective Launch Price: 69,999* (including offers) Regular Price: 74,990 16 GB + 1 TB Effective Launch Price: 73,999* (including offers) Regular Price: 78,990 moto pad 60 pro 8GB RAM + 128GB Storage: 24,999* 12GB RAM + 256GB Storage: 26,999* - *the price can be availed using the Flipkart Axis Bank Credit Card. Price is inclusive of discount and cashback.

      moto tag At Just Rs. 2,299.

      Affordability Offers~: 3M / 6M / 12M No cost EMI on Select Credit & Debit card transactions No cost EMIs starting just Rs. 5167 per month (12 months) To know more about the product visit: Moto book 60: https://www.flipkart.com/product/p/itme?pid=COMHAUZW4MMNNCGT Moto pad 60 pro: https://www.flipkart.com/product/p/itme?pid=TABHBFQAWPWBEK5C To watch the TVC: https://www.youtube.com/watch?v=WZd45JUDGSY *Price including all offers. Subject to change at the discretion of the brand.

      ~ As per TechArc report in Feb 2025 About Lenovo & Motorola Lenovo is a US$62 billion revenue global technology powerhouse, ranked #217 in the Fortune Global 500, employing 77,000 people around the world, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the world’s largest PC company by further expanding into growth areas that fuel the advancement of ‘New IT’ technologies (client, edge, cloud, network, and intelligence) including server, storage, mobile, software, solutions, and services. This transformation together with Lenovo’s world-changing innovation is building a more inclusive, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992)(ADR: LNVGY). Motorola Mobility LLC was acquired by Lenovo Group Holdings in 2014. Motorola Mobility is a wholly owned subsidiary of Lenovo and is responsible for designing and manufacturing all Moto and Motorola branded mobile handsets and solutions.

      *T&C Apply. Including all offers. Offers subject to change at the discretion of the brand.

      To View the Image, Click on the Link Below: moto book 60 goes on sale today starting at just at just Rs, 61,999* (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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