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    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
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    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
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    Rupee gains 9 paise against US dollar
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    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
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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
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    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
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    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
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    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
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    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.

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      Players and Teams Ruling the Roost in IPL 2025

      May 16, 2025

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      In anticipation of the league restart, Parimatch compiled infographics detailing key statistics and facts regarding the progress of IPL 2025 teams New Delhi, Delhi, India (NewsVoir) We will have a look at who is leading the race for the individual awards this season and which players are having the most impact on the pitch in the ongoing IPL season, benefiting their teams in the longer run: #1 Race for the Playoffs: 7 Teams still in the mix; RCB and GT favorites to finish in Top 2 Chennai Super Kings, Sunrisers Hyderabad, and Rajasthan Royals exited the race to the playoffs quite early, allowing the other seven teams to have a neck-to-neck battle, with Royal Challengers Bengaluru and Gujarat Titans slight favorites to finish in the Top 2.

      GT and RCB have raced ahead of the other sides, pocketing 16 points each as both GT and RCB have won eight matches each and lost on three occasions. The Royal Challengers, led by their new skipper Rajat Patidar, have lost all three home matches on their home ground and have the chance to become the first team to win all seven away matches in the league phase of IPL.

      Punjab Kings is in third place with seven wins, three defeats, and one No Result as rain spoiled their party at the Eden Gardens after the Shreyas Iyer-led side had scored 200+ runs in the first innings.

      Mumbai Indians and Delhi Capitals have 14 and 13 points, respectively and would be fighting it out for the last playoff place when they meet on May 21. Kolkata Knight Riders and Lucknow Super Giants remain outside contenders and can sneak in if they win their remaining matches.

      #2 Orange Cap keeps changing hands almost every day The Orange Cap should be renamed the Orange Baton after analyzing the 2025 season of the cash-rich league as the orange cap has continuously shifted between Nicholas Pooran, Sai Sudharsan, Virat Kohli, and Suryakumar Yadav as the four players have kept their sides in the hunt of the playoffs at the end of first week of May.

      Currently, the first and fifth position in the Orange Cap race are spearated by a mere 10 runs as Suryakumar Yadav, the current holder of the coveted award has 510 runs in 12 innings at an average of 63.75 and a strike rate of 170.56, making him the only player to be in Top 5 lists of highest run-getters and highest strike-rates (minimum 100 runs).

      In the second and third place are Sai Sudharsan and GT skipper Shubman Gill with 509 runs and 508 runs respectively at strike rates of 150+. The GT opening pair have recorded three century partnerships in the ongoing season and has been given a huge helping hand by Jos Buttler, who has scored 500 runs at an average of 71.43 and a strike rate of 163.93 and takes the fifth place on the list.

      RCB stalwart Virat Kohli is in fourth place with 505 runs at a strike rate of 143.46 as the chase-master has played the anchoring role for the Bengaluru-based franchise, scoring seven half-centuries in seven out of eight wins for his beloved franchise.

      #3 Prasidh Krishna takes a slight lead in the Purple Cap Race Unlike the Orange Cap, which shifts hands every second day, Prasidh Krishna has had the Purple Cap for a few days as the Bengaluru-born fast bowler has struck 20 wickets in 11 matches, leading the GT bowling attack in the absence of Kagiso Rabada.

      Noor Ahmad has also raced to 20 wickets in 12 matches after taking 4 wickets in the narrow 2-wicket win against KKR, but the Afghan spinner has only two matches left in the competition, which hurts his chances of bagging the individual accolade.

      Josh Hazlewood is in third place with 18 wickets in 10 matches, and the Australian fast bowler would be hoping to shake off his injury ahead of RCB’s next match. Trent Boult and Varun Chakravarthy have 18 and 17 wickets in 12 matches, respectively, while Arshdeep Singh and Vaibhav Arora have 16 wickets each in 11 matches.

      #4 The tale of two home grounds for three franchises While seven franchises have decided to remain loyal to their home ground and the bustling crowds at their preferred venues, three franchises from the northern and western parts of the country have taken a different route.

      Delhi Capitals started the season by playing two of their home fixtures in Vizag as the city in Andhra Pradesh played host to two of DC’s games. Guwahati has also played host to two matches this season as Rajasthan Royals started out their season in the eastern part of the country in a bid to extend the cricketing action to more states, with local boy Riyan Parag acting as the stand-in skipper for RR during that period.

      Punjab Kings had planned to play three of their matches in Dharamsala and four in Mullanpur, but two of their three fixtures scheduled at the HPCA Stadium in Dharamsala will be played elsewhere due to the ongoing tensions at the India-Pakistan border.

      #5 Sunil Narine leads the way for Most Valuable Player Award The 2024 IPL Most Valuable Player Award winner Sunil Narine once again leads the way in the Most Valuable Player Award race as the KKR all-rounder has 237.5 points courtesy of 215 runs at a strike rate of 168 and 10 wickets while keeping his economy rate at 7.5. Narine has proven to be the complete package as he regularly bowls 4 overs and opens the innings as well.

      Suryakumar takes the second position with 228 points courtesy of 510 runs, which include 51 fours and 26 maximums, while Nicholas Pooran takes the third position with 227 points collected via 34 fours and 34 maximums, helping him cross the 400-run mark.

      Yashasvi Jaiswal and Jos Buttler take the fourth and fifth positions courtesy of their good show with the bat and in the field. Except Sudharsan and Gill, Parag, Ravindra Jadeja, and Prabhsimran Singh complete the Top 10 List of Most Valuable Players in IPL 2025.

      #6 Sai, Priyansh, and Noor to battle it out for the Emerging Player of the Season Award The ongoing IPL season has all been about younger players breaking through the barricades as debutants like 17-year old Ayush Mhatre, Vipraj Nigam, Digvesh Rathi, Priyansh Arya, and 14-year old Vaibhav Suryavanshi have made a mark courtesy of their splendid shows.

      Following in the steps of a long list of uncapped centurions for Punjab Kings, Arya scored a century of 39 balls and has scored 347 runs in 11 matches at a strike rate of 192.77 in total challenging the likes of Sudharsan and Noor for the coveted award.

      While Sai and Noor are not debutants, they are eligible for the award and are the front-runners along with the likes of Harshit Rana and Naman Dhir.

      *All Stats as of 15th May (After the conclusion of KKR vs CSK) (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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