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    DRI seizes 364 metric tonne (MT) banned Pakistan-origin dry dates imports worth Rs. 3 crore
    Rupee gains 13 paise to close at 95.15 against US dollar post-RBI policy decision
    ED raids premises linked to ex-Andhra MLA Malla Vijaya Prasad in chit fund scam
    'Gungi gudiya' remark against Sunetra shows Cong's 'ideological bankruptcy': NCP leader Tatkare
    RBI holds interest rates for fourth straight meeting, awaits clearer inflation outlook
    Highlights of RBI's August monetary policy
    RBI targeting polymer currency notes launch in early FY28: Guv Malhotra
    Two women held at Delhi airport with 1 kg gold concealed as silver-coated armlet
    Sensex trades higher, Nifty flat post RBI policy
    India's services sector growth hits four-and-a-half-year low in July on weak demand: PMI
    SC grants interim bail to businessman Anwar Dhebar in manpower commission 'scam' case
    The Taxation and Other Laws Amendment Bill 2026 - Introduced in Lok Sabha on 4th August 2026
    RBI marginally raises FY27 GDP growth projection to 6.7 pc, lowers inflation forecast
    Collaboration, Inclusion and Entrepreneurship: How SIDBI MSME Samvaad Is Shaping the Future of India’s MSME Ecosystem
    RBI keeps policy rate unchanged for third time in row in FY27 amid West Asia crisis
    RBI keeps policy rate unchanged for third time in row amid West Asia crisis
    Markets climb in early trade on falling crude oil prices; RBI monetary policy decision awaited
    Rupee jumps 39 paise to 94.89 against US dollar ahead of RBI monetary policy decision
    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
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    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
    Show AI Summary
    Repo rate stability preserves the policy stance amid lower inflation projections, stronger growth expectations and external-sector resilience.
    Monetary policy maintained the repo rate at 5.25 per cent following a unanimous policy committee decision. The growth forecast for FY27 was marginally increased, while the inflation projection was lowered. Inflation conditions remain uncertain because of monsoon, El Nino and geopolitical developments. Liquidity remained in surplus, and external-sector indicators reflected a current-account surplus, buoyant foreign direct investment inflows, renewed foreign portfolio investment inflows, and adequate foreign-exchange reserves.
    August 5, 2026
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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
    Show AI Summary
    Growth and inflation projections reflect resilient domestic activity while energy volatility, supply disruptions, and food prices sustain inflation risks.
    Monetary policy projections for fiscal 2026-27 revise real GDP growth upward to 6.7 per cent and Consumer Price Index inflation downward to 5 per cent. Domestic activity is described as resilient amid global uncertainty, but inflationary risks persist from rainfall disruption, energy-price volatility, supply-chain uncertainty, and second-round effects of higher food, fuel and input costs. Core inflation is projected at 4.3 per cent for the fiscal year.
    August 5, 2026
    Show AI Summary
    Industry collaboration strengthens MSME competitiveness through shared resources, market linkages, capability building and inclusive support for women entrepreneurs.
    MSME development is linked to collaboration, knowledge-sharing, institutional support and capability building. Industry associations can provide networking, policy advocacy, business intelligence, skills programmes, shared infrastructure and market linkages, while collective procurement, shared logistics, digital commerce and export readiness may improve competitiveness. Women-led enterprises benefit from market-oriented capability development, mentorship, continuous learning, professional networks, capacity-building programmes and institutional support. The Development of Industry Associations initiative is intended to connect associations and facilitate the sharing of best practices.
    August 5, 2026
    Show AI Summary
    Monetary policy rate maintenance continues under a neutral stance amid energy disruption, inflation concerns and sustained currency depreciation.
    Monetary policy rate maintenance was continued with the repo rate retained at 5.25 per cent under a neutral stance amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The growth forecast was marginally increased and the inflation projection reduced. Sustained rupee depreciation against the dollar was attributed to costly oil, capital outflows, widening trade deficits and a strong US dollar.
    August 5, 2026
    Show AI Summary
    Monetary policy rate pause maintains a neutral stance amid energy disruption, inflation concerns and sustained rupee depreciation pressures.
    Monetary policy rates were retained without change for a third consecutive review, with a neutral stance maintained amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The policy assessment noted retail inflation above the medium-term target, alongside an upward revision to growth expectations and a downward revision to the inflation projection. Continued rupee depreciation was linked to higher oil prices, capital outflows, widening trade deficits and a stronger US dollar.
    August 5, 2026
    Show AI Summary
    Monetary policy expectations shape equity sentiment as softer crude prices and foreign investment support domestic financial assets.
    Equity market sentiment improved in early trading as lower crude oil prices and foreign fund inflows supported benchmark indices, while investors awaited the monetary policy decision. Softer crude prices, rupee recovery, improving global risk sentiment, resilient economic growth, corporate earnings and sustained foreign portfolio investment supported domestic financial assets, despite continuing global and geopolitical uncertainties.
    August 5, 2026
    Show AI Summary
    Foreign exchange market movement strengthens as lower crude prices and monetary policy signals influence the rupee's direction.
    Foreign exchange market movement saw the rupee appreciate against the US dollar in early trading, supported by lower crude oil prices, a softer dollar index, domestic equity gains and net foreign institutional investment. Market attention centred on the Reserve Bank of India's monetary policy decision, with expectations of an unchanged benchmark repo rate. Policy communication on inflation and developments in Hormuz-related talks were identified as factors that could influence the rupee's direction.
    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.

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      CMF by Nothing Launches CMF Phone 2 Pro, Buds 2, Buds 2 Plus, and Buds 2a

      May 1, 2025

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      Nothing’s sub-brand unveils its second-generation smartphone alongside a trio of earbuds Delhi, India – Business Wire India CMF, the sub-brand of London-based technology company Nothing, has today announced four new products - CMF Phone 2 Pro, Buds 2, Buds 2 Plus and Buds 2a.

      Nothing has continued its strong start to the year, with the Counterpoint Research Q1 2025 India Smartphone Shipment report naming it the fastest-growing smartphone brand in India this quarter, recording an impressive 156% year-on-year growth. This marks the fifth consecutive quarter that Nothing has maintained its position as the fastest-growing brand. With this achievement, Nothing becomes the only brand in the past decade to reach this milestone in the Indian market.

      CMF Phone 2 Pro With a best-in-segment three-camera system, a wonderfully bright display, and a premium design, CMF Phone 2 Pro is the ultimate daily smartphone. Unique, powerful and fun, CMF Phone 2 Pro is primed for capturing life's moments with a joyful, forward-looking beat and refined design.

      The slimmest and lightest smartphone Nothing has ever designed. At 7.8 mm, weighing just 185 g, CMF Phone 2 Pro is nearly weightless - 5% thinner than CMF Phone 1. It comes in an elegant body with an aluminum camera surround – evolved from the first-generation design – and features stainless steel screws for an authentic Nothing feel that unveils the craft behind it. Plus, increased water durability with IP54 - CMF Phone 1 was IP52.

      CMF Phone 2 Pro comes in four colours: White, Black, Orange and Light Green. Black and Light Green are crafted with a glass-like back that mimics a frosted glass texture and is bordered with a metallic frame. Refined and minimalist, White is worked with a panelled sandstone finish at the back with an authentic feel and haptics. Orange has a metallic sheen and is the boldest option of all. When designing, we’ve taken care to lend the different iterations a more sophisticated quality, in a considered step up from CMF Phone 1.

      CMF Phone 2 Pro features an advanced three-camera system, complete with a 50 MP main camera with the largest sensor in its segment and capturing 64% more light than CMF Phone 1. For faraway scenes, the first-in-segment 50MP telephoto lens offers 2x optical zoom and up to 20x Ultra Zoom. To wrap it up, the 8 MP ultra-wide camera provides an expansive field of view, perfect for everything from landscapes to skylines, while the 16 MP front camera is ready to snap your sharpest selfies.

      Now in its 6th generation, the newly upgraded MediaTek Dimensity 7300 Pro 5G processor packs an 8-core CPU that clocks in speeds of up to 2.5 GHz – ready to live up to the demands of heavy multi-taskers. For cutting-edge performance, with 10% quicker processing and a 5% improvement in graphics when compared to CMF Phone 1. Co-engineered with the state-of-the-art TSMC 4 nm process technology for game-changing power efficiency.

      With a 5000 mAh battery that lasts nearly one hour longer than Phone 1, CMF Phone 2 Pro effortlessly powers through two days of use on a single full charge.

      Wonderfully bright, highly responsive and the largest display to date in the CMF range and best-in-class in its category. Featuring a 6.77" FHD+ flexible AMOLED display that delivers a stunning 1.07 billion hues – nearly 1 billion more colours than CMF Phone 1. HDR photography takes colouration and vibrancy up a level, while Ultra HDR captures enhance the brightness of highlights by 6 to 8 times, increasing peak brightness to 3000 nits – a 50% higher peak brightness than that of CMF Phone 1.

      Switch seamlessly between to-do’s and fun with a 1000 Hz touch sampling rate – a 316% uptake compared to CMF Phone 1 – and a 120 Hz Adaptive refresh rate.

      CMF Phone 2 Pro retains modularity with three new accessories, including Universal Cover, Interchangeable Lenses (Fisheye and Macro), and Wallet/Stand.

      CMF Audio The CMF Buds 2025 lineup ranges across multiple price points, making it accessible to all. From everyday audio needs to immersive sessions and personalised sound, there is a pair of CMF Buds for every need and music profile. Each model balances performance, design, and gives users more control over their listening experience.

      CMF Buds 2 Buds 2 is a versatile companion for the everyday, balancing sound, comfort and smart features. Complete with Dirac Opteo™ tuning, 48dB hybrid ANC and Spatial Audio Effect, it refines the listening experience, bringing clearer, more dynamic sound.

      CMF Buds 2 Plus Buds 2 Plus is built for those who demand more, delivering a next-level audio experience. It’s equipped with Hi-Res LDAC, hearing compensation and full EQ customisation for a rich, balanced sound tailored to your unique hearing profile.

      CMF Buds 2a Buds 2a is the go-to entry-level option, here to deliver clear sound to all. Encased in a lightweight design, it provides essential, high-quality audio with 42dB ANC, a 12.4 mm bio-fibre driver and deep bass for all-day listening.

      Pricing and Availability • CMF Phone 2 Pro will be available in White, Black, Orange and Light Green colour ○ 8+128 GB - INR 17,999 (Including bank or exchange offers) ○ 8+256 GB - INR 19,999 (Including bank or exchange offers) • As a special introductory offer on 5th May, CMF Phone 2 Pro will be available for as low as INR 16,999 for the 8+128 GB variant and INR 18,999 for the 8+256 GB Variant (including all offers) • Day 1 exchange offer: INR 1,000 exchange bonus and INR 1,000 bank offer (applicable on all leading banks) will be available together on CMF Phone 2 Pro.

      • CMF Buds 2a will be available at INR 2,199, CMF Buds 2 at INR 2,699, and CMF Buds 2 Plus at INR 3,299.

      • Availability: ○ The CMF Phone 2 Pro will go on sale via Flipkart, Flipkart Minutes, Vijay Sales, Croma, and all leading retail stores starting from May 5, 2025.

      ○ The CMF Buds 2, Buds 2 Plus, and Buds 2a will be available in India by the end of Q2 2025.

      ○ The CMF Phone 2 Pro accessories to be launched in India soon.

      Image/video assets can be found via the CMF Media Kit.

      To stay up to date on the latest news announcements, follow CMF by Nothing on Instagram and X.

      About CMF by Nothing CMF, the sub-brand of Nothing, is a London-based consumer technology brand that aims to make great design more accessible. Launched in September 2023, CMF focuses on delivering beautiful and functional consumer technology products that emphasize core functionalities without compromise. For more information, visit nothing.tech.

      (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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