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    Sensex trades higher, Nifty flat post RBI policy
    India's services sector growth hits four-and-a-half-year low in July on weak demand: PMI
    SC grants interim bail to businessman Anwar Dhebar in manpower commission 'scam' case
    The Taxation and Other Laws Amendment Bill 2026 - Introduced in Lok Sabha on 4th August 2026
    RBI marginally raises FY27 GDP growth projection to 6.7 pc, lowers inflation forecast
    Collaboration, Inclusion and Entrepreneurship: How SIDBI MSME Samvaad Is Shaping the Future of India’s MSME Ecosystem
    RBI keeps policy rate unchanged for third time in row in FY27 amid West Asia crisis
    RBI keeps policy rate unchanged for third time in row amid West Asia crisis
    Markets climb in early trade on falling crude oil prices; RBI monetary policy decision awaited
    Rupee jumps 39 paise to 94.89 against US dollar ahead of RBI monetary policy decision
    Punjab govt committed to paying all valid dues; legal options being examined: FM Cheema
    ED searches multiple locations in Punjab, Chandigarh in PMLA case against PSIEC officials
    Rupee gains 9 paise against US dollar
    India, US working towards interim trade agreement: MEA
    Govt to adopt appropriate measures to mitigate fuel price volatility: MoS Finance
    Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LS
    Champion Mirabai Chanu Unveils MMTC-PAMP's 'Virasat' Recycled Gold Coin to Celebrate India's 80th Year of Independence
    Indian economy to hit USD 5-trillion mark in FY29 as per IMF: FM
    SVC Co-operative Bank Concludes 120th Annual General Meeting, Reaffirms Growth, Governance and Digital Focus
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    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
    Show AI Summary
    Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
    Fuel-price volatility is to be mitigated through fiscal and administrative measures that protect consumers while maintaining fiscal sustainability. The approach includes monitoring revenue and expenditure, reprioritising spending, and using fiscal measures when economic conditions require. Reduced central excise duty on petrol and diesel moderated the impact of elevated international crude prices and partly offset under-recoveries of public-sector oil marketing companies. Longer-term measures include revenue mobilisation, import diversification, Strategic Petroleum Reserves, cleaner fuels and energy efficiency.
    August 4, 2026
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    Tax policy certainty reforms propose easier fund management, data-centre access, electronics incentives and revised electronic-payment charging rules.
    The proposed Bill seeks to simplify conditions for foreign investment funds using fund managers in India without being treated as carrying on business in India, while retaining safeguards against misuse and round-tripping. It proposes removal of approval requirements for foreign cloud companies using Indian data centres and permits leased operation of Indian data centres. It also extends tax support for foreign companies participating in electronics contract manufacturing and component warehousing, preserves tax-free dividends for REIT and InvIT investors in specified circumstances, and removes the prohibition on Merchant Discount Rate charges for notified electronic payment modes.
    August 4, 2026
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    Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
    Responsible precious-metals recycling is promoted through a commemorative recycled-gold coin intended to support domestic recycling, responsible sourcing and a self-reliant supply chain. The product is described as having certified purity authentication, tamper-proof packaging, a unique identification number and an assayer-certified minted card. The initiative seeks to reduce dependence on imported gold and expand organised, transparent recycling infrastructure. An organised silver buyback programme is also described as supporting secure consumer sales and a circular economy for precious metals.
    August 4, 2026
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    Broad-based growth strategy links tax reforms, trade resilience, industrial support and services development to medium-term economic expansion.
    The growth strategy combines agricultural productivity, manufacturing, MSME support, infrastructure, logistics, ease of doing business, streamlined income-tax and GST reforms, innovation, digitalisation, human-capital development, energy security, public capital expenditure, foreign direct investment liberalisation, export promotion, fiscal prudence and price stability. Trade resilience is to be strengthened through expanded trade agreements, while manufacturing, services, agriculture and strategic sectors receive targeted policy support. The material also reports secured-asset enforcement cases and recoveries by banks under the SARFAESI framework during FY25.
    August 4, 2026
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    Co-operative bank governance and financial disclosure support digital transformation, risk management, priority-sector lending and sustainable member-focused growth.
    Co-operative bank governance and financial disclosure were addressed at the annual general meeting, where the member-notice agenda was transacted and audited financial statements were presented. The bank reported growth in business, deposits and advances, together with net profit, asset quality, provisioning coverage and capital adequacy indicators. Its operational priorities include digital transformation, risk management, selective network expansion, customer service and operational discipline. Future priorities include retail and priority-sector lending, MSMEs, affordable housing and institutional deposits.
    August 4, 2026
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    Foreign-exchange market conditions weakened the rupee as oil prices, domestic equities and dollar strength shaped near-term currency expectations.
    The rupee weakened against the US dollar amid elevated crude oil prices, weaker domestic equities and a stronger dollar index, while foreign fund inflows moderated the decline. Attention shifted to the central bank's monetary policy meeting, with continuation of the existing benchmark policy rate anticipated. Earlier measures encouraging overseas dollar deposits and facilitating foreign participation in government bonds were reported to support capital inflows and India's external position.

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      Turtle Wax Launches “You Are How You Car™” in India

      June 17, 2025

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      The platform redefines what car pride says about you — launching with surreal new ads and a chance for drivers to see themselves, literally, reimagined as a bobblehead version of their car self New Delhi, Delhi, India – Business Wire India Turtle Wax today launched “You Are How You Car™,” a bold global campaign and platform that turns a simple truth into a statement: how you treat your car reflects how you show up in the world. For people who take pride in a gleaming finish, obsess over water beading or find satisfaction in a perfect interior cleanup, this campaign sees you. And for everyone else? Well, it might just be the nudge you didn’t know you needed.

      The campaign redefines car pride by spotlighting the satisfaction that comes from keeping your vehicle at its best; be it the gleam of a just-polished exterior, the calming effect of a clean interior, or simply powering through a muddy monsoon drive with confidence. “You Are How You Car™” positions Turtle Wax® as more than just a product; it's a partner in helping Indian drivers feel proud, prepared, and protected every time they’re behind the wheel. With the monsoon season being the most critical time for car care in India, drivers actively seek smart solutions to tackle water damage, mud, foggy windshields, and interior moisture.

      First launching across India, the U.S., and U.K , the campaign kicks off with two surreal new TV commercials – dubbed “Pamper” and “Face It” – that lean hard into visual metaphor to capture what car lovers already know: when your car looks good, you look good. And you feel good, too. This isn’t just something your serious car enthusiasts say to justify their detailing habits: According to a new Turtle Wax-commissioned survey*, 75% of American drivers want their vehicle to reflect the best version of themselves, yet only 18% strongly feel like it actually does.

      “For nearly 80 years, Turtle Wax has helped people bring out the best in their cars – and in the process, brought out something deeper about the person behind the wheel: pride, confidence and a little swagger,” said Daren Herbert, Chief Marketing Officer at Turtle Wax. “This campaign is for the ones who care – who show up with intention and a microfiber cloth at the ready – and for anyone who just needs a little motivation to start. Because no matter what you drive – from a decade-old used car to your dream car – it’s about taking pride in how you show up. There’s power in pulling up in something that should ultimately be a reflection of you. That’s the magic of Turtle Wax® – small transformations that leave a lasting impact.” Highlighting its continued commitment to the Indian market, Sajan Murali Puravangara, Managing Director, Turtle Wax India, said, "Indian consumers don’t just maintain their vehicles, they take pride in them. At Turtle Wax, we understand that a car is not just a mode of transport, but a reflection of the person behind the wheel. With ‘You Are How You Car™,’ we are celebrating that emotional bond, especially during the monsoon season when car care becomes both a challenge and a ritual. Whether it’s protecting the shine, tackling everyday grime, or offering unique solutions like helmet cleaners and rat repellent sprays, we are here to empower Indian drivers to show up with confidence, both in rain and shine.” The campaign blurs the line between man and machine by seamlessly compositing human faces onto car ‘bodies’ – bringing the idea of a ‘car-self’ to life and positioning car care as a reflection of self-image.

      • “Face It” puts viewers face to face with their ‘car-self’ – literally. With CG faces atop metaphorical car ‘bodies,’ the spot transforms the everyday into something extraordinary, channeling the satisfaction of the ‘after’ moment: when the grime is gone, the shine is back, and you feel fully seen. From surprise mud splashes to bug-smacked grilles, Turtle Wax® makes bouncing back look easy – because this isn’t just about a clean car, it’s about the confidence and payoff that comes with it.

      • “Pamper” reimagines a full car care routine as indulgent and relaxing self-care; something car enthusiasts already know and love. Through a series of elevated, over-the-top facial treatments – each one a metaphor for a step in the car care ritual – the spot turns every wipe, buff and polish into something oddly calming and deeply satisfying.

      “This isn’t your typical automotive industry creative concept,” said Jeremy Bersano, Executive Creative Director of Running Toward Giants. “We got to help reimagine car care and help reintroduce an iconic brand as something metaphorical, magical and weirdly wonderful. The result? Cars with faces, and a campaign you can’t look away from because several car-faces are quite literally looking right back at you.” Developed in partnership with Ntropic and Not Just Any, known for creating high-concept, VFX-driven storytelling for world-renowned brands, the commercials leveraged a global team of artisans and emerging technologies to bring the stories to life. Both spots were co-directed by Aidan Gibbons and Ntropic founder Nate Robinson, who brought their signature visual style – and love of the offbeat – to a campaign that’s rolling out across, TV, digital, social media and more.

      “You Are How You Car” builds on Turtle Wax’s recent revisited brand positioning (in an increasingly cluttered category) and deep cross-market audience research that explored the emotional drivers of car pride – not just the functional ones. The campaign and work will continue to evolve throughout summer 2025 and beyond, with fresh creative interpretations across TV, audio, digital, social and other chances for people to show the world what their car – and their car-self – is really made of.

      As per Hanover Research, the campaign draws strong consumer insights that highlight Turtle Wax’s growing resonance in the Indian market. An impressive 88% of consumers familiar with the brand hold a positive impression, and 70% have made a purchase in the past year; underscoring both trust and brand recall. The brand’s Car Care Studios™ are gaining traction, with 54% awareness and 95% of those consumers expressing intent to visit, driven by perceptions of quality and expertise. Digital discovery plays a key role in Turtle Wax’s visibility, with over half of Indian consumers encountering the brand through social media, especially YouTube tutorials and influencer-driven content that demonstrate product performance in relatable, real-world conditions.

      For more information on Turtle Wax’s newest brand campaign and to stay tuned on the sweepstakes launch, please visit www.turtlewax.com/pages/you-are-how-you-car.

      *Survey Methodology: This survey was conducted online within India by Hanover Research on behalf of Turtle Wax during September, among whom 881 licensed adult drivers ages 18+ who have a vehicle.

      About Turtle Wax The Turtle Wax story started with the launch of the first-ever bottled car wax in 1944. More than 75 years later, the 'Most Innovative Brand in Car Care' is still capturing the attention of the auto appearance industry with a cross-category assortment of No. 1 selling products. With product distribution in more than 120 countries, the Turtle Wax® brand resonates around the globe, but the brand's heart remains in its hometown of Chicago, where award-winning innovation is developed to this day.

      To View the Image, Click on the Link Below: Turtle Wax launches new global brand campaign (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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