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    Raymond Limited reports a healthy Q1 FY27 performance
    Why Most People Choose the Wrong Savings Account And How Not to Be One of Them
    RBI has proactively helped UCBs; cooperatives should look at regulator differently: Shah
    Ministry of Agriculture, Food and Rural Affairs and aT Host '2026 K-Food Fair in New Delhi, India'
    No compromise on tackling illegal immigrants' issue: Minister Priyank Kharge
    Technology, transparency key for urban cooperative banks to stay competitive: Shah
    Paul Merchants Gets RBI Approval for Perpetual AD Category-II Licence Under Revised FEMA Framework
    IEPFA Organises Stakeholder Engagement with Nodal Officers of Companies on Integrated IEPFA Portal 2.0
    Rupee settles with 5 paise gain at 95.17 against US dollar
    India weathered Hormuz disruption without fuel shortages: Puri
    RBI invites public comments on the draft Directions on ‘Credit Valuation Adjustment (CVA) Framework’
    RBI invites comments on the draft “Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Eleventh Amendment Directions, ...
    87 Proposals Received under BHAVYA Scheme during First Round of Phase-I
    India successfully concludes the 16th BRICS Trade Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    GeM Completes a Decade of Transforming Public Procurement with Cumulative GMV Exceeding ₹20 Lakh Crore
    NEWS HIGHLIGHTS
    India's forex kitty swells by USD 10.5 bn to USD 692.87 bn
    Rs 5,000 cr credited to 6.22 lakh Maharashtra farmers so far under loan waiver scheme: Fadnavis
    SBI Life and J&K Bank partner to bring comprehensive life insurance solutions closer to families across India
    DRI intensifies vigil along India's North-Eastern Frontier
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    August 8, 2026
    Show AI Summary
    Engineering business growth supported Raymond's first-quarter performance, with export expansion, capacity investment and net-debt-free financial flexibility.
    Raymond Limited reported unaudited first-quarter FY27 growth in total income, EBITDA and profit before tax before exceptional items, while remaining net-debt-free with a net cash surplus. Its Engineering business comprises Precision Technology & Auto Components and Aerospace & Defence. Growth in the former was attributed to export expansion, operating leverage, product mix and cost reductions. Aerospace & Defence growth was linked to production for global OEMs, portfolio expansion and increased capacity, although margins were affected by targeted research and development investment. Forward-looking statements remain subject to regulatory, political, economic and technological risks.
    August 8, 2026
    Show AI Summary
    Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
    Savings-account selection should compare effective interest returns under slab-based rates, recurring operating charges and the customer's actual banking needs. Net value depends not only on advertised rates but also on relevant minimum-balance, card, ATM, alert and transfer fees. Digital reliability, customer support, branch availability and ATM access should be assessed according to the customer's average balance, cash use, transfer frequency, travel patterns and need for in-person assistance. The suitable account is one that matches real banking behaviour.
    August 8, 2026
    Show AI Summary
    Urban cooperative bank regulation promotes licensing, governance, compliance support and cybersecurity measures to strengthen stability and depositor confidence.
    Urban cooperative banks are encouraged to recognise regulatory support through liberalised branch opening, doorstep banking, demand drafts, life certificates, dedicated regulatory coordination, enhanced gold-loan limits, one-time settlements and progress towards on-tap licensing. Sound governance is material to sectoral stability, while small-borrower lending is presented as a comparatively safe lending segment. The umbrella body can support member banks through technical expertise, compliance assistance, cybersecurity solutions and participation in a security operations centre to strengthen depositor confidence.
    August 8, 2026
    Show AI Summary
    Korean food export promotion combines buyer consultations, regulatory guidance and consumer experiences to support entry into Indian and South Asian markets.
    Korean food export promotion in India and South Asia combined business consultations with consumer-facing activities. Individual meetings connected Korean exporters with regional buyers and generated memoranda of understanding for products including frozen gimbap, ginseng wine and kombucha. Exporters received on-site guidance concerning non-tariff barriers, including food import customs clearance and certification requirements. Preparatory online sessions addressed import procedures, regulatory matters and consumer trends, while consumer events promoted Korean food through tasting, retail and experiential activities.
    August 8, 2026
    Show AI Summary
    Illegal immigration enforcement prioritises dismantling entry, documentation and employment networks while requiring citizens to report information through police channels.
    Illegal immigration enforcement involves continuous identification and verification operations, coordination with relevant officials, and confidential investigation of networks facilitating entry, identity documentation, accommodation and employment. Enquiries extend to intermediaries, contractors, Aadhaar procurement and verification practices, rather than focusing only on apprehended individuals. Citizen vigilantism, moral policing and social-media targeting of suspected migrants are discouraged because they may compromise investigations; information should instead be given through proper police channels.
    August 8, 2026
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    Technology, transparency and governance strengthen urban cooperative banks through modern customer services, depositor protection and cooperative-sector support.
    Technology adoption, transparency, sound governance and modern customer services are identified as necessary for urban cooperative banks to remain competitive. Banks are encouraged to join the sector's umbrella organisation and self-regulatory body, which provides capital, information-technology infrastructure and liquidity support. Protection of depositors' money remains a regulatory responsibility, while banks are expected to improve governance, train staff, adopt technology and enhance customer-centric services. Customer prosperity and reduced perception gaps between the central bank and urban cooperative banks are emphasised as measures to strengthen the sector.
    August 8, 2026
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    Authorised Dealer Category-II licensing expands permissible FEMA current account and foreign trade transaction services for cross-border payment customers.
    An Authorised Dealer Category-II approval under the Foreign Exchange Management (Authorised Persons) Regulations, 2026 enables Paul Merchants to undertake additional permissible non-trade current account transactions under FEMA, excluding gifts and donations, and foreign trade transactions within the applicable per-transaction limit. The approval supports foreign exchange and cross-border payment services, including overseas remittances for education, medical treatment, travel, and conference or event participation.
    August 8, 2026
    Show AI Summary
    Integrated investor claim portal modernisation advances digital KYC, streamlined verification, stakeholder-informed safeguards, and efficient investor claim settlement services.
    Integrated IEPFA Portal 2.0 is proposed to modernise investor claim processing through digital KYC, pre-filled Form IEPF-5, entitlement search, and a simplified e-Verification Report filing workflow. Stakeholder feedback included Aadhaar eKYC address validation, KYC for authorised representatives, entitlement-letter validation checks, bulk DSC and eSign functionality, integration of approved IEPF Form-4 data, lower-value share valuation using NSE and BSE data, and alerts for frequent address changes to prevent fraud.
    August 7, 2026
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    Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
    Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
    August 7, 2026
    Show AI Summary
    Energy security through diversified sourcing protected fuel supplies during Hormuz disruption and supports domestic exploration and alternative fuels.
    Energy security measures based on diversified crude oil and LPG sourcing, expanded infrastructure, increased domestic LPG production and alternative fuels were presented as maintaining fuel availability during disruption of shipping through the Strait of Hormuz. Domestic resilience is also linked to support for private deep-water oil and gas exploration, opening offshore acreage, and expansion of compressed biogas and ethanol blending. Ethanol-blended petrol testing identified limited contamination instances rather than a systemic issue, while excise duty reductions were described as cushioning consumers against global fuel-price volatility.
    August 7, 2026
    Show AI Summary
    Credit valuation adjustment framework revises derivative capital requirements through flexible basic approaches, hedge recognition, and risk-sensitive counterparty treatment.
    Credit Valuation Adjustment framework revisions align CVA capital treatment with final Basel III standards. Eligible banks may use the full or reduced basic approach, while banks with an insignificant volume of non-centrally cleared derivatives may calculate their CVA capital charge at 100 per cent of the counterparty credit risk capital charge. The draft also clarifies CVA hedge recognition, introduces risk weights sensitive to sector and credit quality, and separates systematic and idiosyncratic CVA risk in the full basic approach.
    August 7, 2026
    Show AI Summary
    Leverage ratio framework amendments propose Basel-aligned capital adequacy standards, with public feedback invited on the draft directions.
    Proposed amendments to the leverage ratio framework would revise Chapter VII of the 2025 Commercial Banks Prudential Norms on Capital Adequacy Directions to implement the Basel Committee's Leverage Ratio 2017 Standard. Public comments and feedback on the draft Eleventh Amendment Directions, 2026, are invited until August 28, 2026, through the designated online platform, postal submission, or email.
    August 7, 2026
    Show AI Summary
    BHAVYA Scheme project selection uses challenge-based evaluation of infrastructure, industrial ecosystems, and policy enablers under prescribed eligibility criteria.
    BHAVYA Scheme Phase-I proposals submitted by State and Union Territory governments will be evaluated and scored under prescribed eligibility and evaluation criteria. Challenge-based project selection considers connectivity and site suitability, quality of core, value-added and social infrastructure in the detailed project report, and the industrial ecosystem and policy enablers. The Scheme guidelines provide for completion of the first-phase selection process within one year from notification.
    August 7, 2026
    Show AI Summary
    Multilateral trade cooperation preserves developing economies' policy space while advancing MSME finance, diversified value chains and digital services.
    BRICS ministers adopted measures supporting a development-centred multilateral trading system with the World Trade Organization at its core, preservation of Special and Differential Treatment, binding two-tier dispute settlement, and developing economies' policy space for food security and public stockholding. MSME measures include study of an invoice discounting mechanism and credit-assessment principles focused on cash flow rather than collateral. Value-chain measures provide for a GVC Action Plan, technical cooperation, Special Economic Zone cooperation and digitised trade documents, alongside principles for trusted cross-border digitally delivered services.
    August 7, 2026
    Show AI Summary
    Digital public procurement promotes transparent sourcing, reduced seller charges, competition monitoring and evidence-based spending oversight through an integrated marketplace.
    Government e-Marketplace digitises public procurement through a unified platform promoting transparency, efficiency, good governance and wider supplier participation. Seller-facing measures include reduced transaction charges, exemption of smaller orders, a cap on maximum transaction fees and reduced vendor assessment fees. The platform uses Artificial Intelligence and Machine Learning tools to identify suspected cartelisation, collusion and order splitting, while its digital transactional trail supports expenditure monitoring, identification of inefficiencies and evidence-based policy interventions.
    August 7, 2026
    Show AI Summary
    Criminal justice, extremist-material regulation and administrative schemes feature in reports on prosecutions, demolition practices, loan waivers and fuel policy.
    Criminal justice reports cover bail and an expedited trial in an assault prosecution, arrest for allegedly sheltering an accused, allegations of rape and murder of a minor, and claimed irregularities in a police recruitment examination. Regulatory developments include a ban on extremist literature associated with proscribed organisations and judicial disapproval of coercive demolition. Administrative coverage includes farmer loan-waiver transfers following Aadhaar authentication and debate over the E20 fuel-blending programme.
    August 7, 2026
    Show AI Summary
    Foreign exchange reserves rose as foreign currency assets, gold holdings, Special Drawing Rights and IMF reserve position increased.
    India's foreign exchange reserves increased during the week ended July 31, principally because of higher foreign currency assets and gold reserves. Foreign currency assets include US dollar valuation effects arising from movements in currencies such as the euro, pound and yen. Special Drawing Rights and India's reserve position with the International Monetary Fund also increased. The movement followed measures to attract foreign exchange inflows, including an FCNR(B) measure, after earlier reserve declines associated with rupee pressure and dollar sales for foreign exchange market intervention.
    August 7, 2026
    Show AI Summary
    Farm loan waiver eligibility depends on verified beneficiary status and Aadhaar authentication for direct credit of eligible crop-loan relief.
    The farm loan waiver scheme covers eligible short-term crop loans within the prescribed ceiling and eligibility period. Waiver amounts are credited to verified bank accounts after field verification and completion of Aadhaar authentication. Aadhaar authentication is the operative condition for automatic processing of benefits, while eligibility rules and technical conditions have raised concerns about exclusion of distressed farmers.
    August 7, 2026
    Show AI Summary
    Corporate agency distribution expands access to life insurance products, supporting insurance awareness, financial inclusion and long-term household financial protection.
    A corporate agency arrangement enables J&K Bank to distribute SBI Life Insurance protection, savings, retirement and child-oriented life insurance plans through its branch network. The partnership aims to improve insurance access, awareness, financial literacy and long-term financial planning for households, particularly in Jammu & Kashmir and Ladakh. It is intended to expand insurance penetration, strengthen household financial protection and support financial inclusion in line with the IRDAI vision of "Insurance for All by 2047".
    August 7, 2026
    Show AI Summary
    Cross-border smuggling controls target narcotics, poppy seeds and areca nuts entering through the Indo-Myanmar border region.
    Cross-border smuggling enforcement targeted methamphetamine, foreign-origin poppy seeds and areca nuts allegedly brought from Myanmar. Methamphetamine concealed in an ambulance was seized under the NDPS Act, 1985. Poppy seeds and areca nuts recovered in separate operations were seized under the Customs Act, 1962. Poppy-seed imports are restricted to designated countries and require registration to ensure traceability and prevent illicit produce entering legitimate supply chains. The enforcement action addresses circumvention of customs controls and regulated import requirements.

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      motorola edge 60 with the Segment’s Only 3x50MP Pro-Grade AI Camera System goes on sale today at just Rs. 24,999*

      June 17, 2025

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      New Delhi, Delhi, India – Business Wire India • The motorola edge 60 goes on sale today at 12PM on Flipkart, Motorola.in and leading retail stores across India including Reliance Digital, at an incredible offer price starting just Rs. 24,999* for 12GB+256GB.

      • The motorola edge 60 boasts the segment’s only 50MP Main + 50MP Ultrawide/Macro + 50MP Selfie camera system with 30X AI Super Zoom, Sony LYTIA 700C sensor, and Pantone™ Validated True Colour. With 4K video recording on all cameras and moto ai across the system, it delivers pro-grade results effortlessly • The motorola edge 60 is equipped with the segment’s most durable and immersive 6.7" 1.5K Super HD quad-curved pOLED display with Pantone™ Validated True Colour and SkinTone™ accuracy, segment-leading 96.3% screen-to-body ratio, and 4500 nits peak brightness — protected by Gorilla Glass 7i • The device comes with the segment’s best AI experience with motoAI and 12GB RAM — enabling intelligent assistance, creative personalization with Image Studio, and instant mood-based playlists through Playlist Studio • The motorola edge 60 is also the segment’s most durable smartphone, featuring MIL-STD-810H military-grade certification, IP68 + IP69 water and dust protection, and Gorilla Glass 7i on its quad-curved display — rigorously tested to withstand shocks, drops, extreme temperatures, and harsh environments.

      • The motorola edge 60 will be available in specially curated vegan leather finishes namely- PANTONE Shamrock and PANTONE Gibraltar Sea.​ Motorola, a global leader in mobile technology and innovation and India’s leading~ AI smartphone brand – recently launched the motorola edge 60 – packed with industry-first AI-led experiences and class-leading hardware. At its core is a segment-leading triple 50MP AI camera system featuring the flagship Sony LYTIA 700C sensor, 30X AI Super Zoom with OIS, and a 50MP front camera—all enhanced with Pantone™ validated true colours and 4K video with seamless lens switching for pro-grade content creation. The edge 60 also boasts a stunning 6.7" 1.5K quad-curved pOLED Super HD display with 120Hz refresh rate, 4500 nits peak brightness, 96.3% screen-to-body ratio, and Gorilla Glass 7i. Powered by moto AI and 12GB RAM, the edge 60 comes with features like Image Studio and Playlist Studio, offering smarter, more intuitive assistance every day. The edge 60 comes with MIL-STD-810H military-grade durability, IP68 + IP69 rating, and is designed to survive extreme temperatures, shocks, and drops—all in a sleek, ultra-thin 8.2mm body weighing just 180g. The motorola edge 60 sets a new benchmark for AI, design, and durability in the premium smartphone segment and goes on sale today at 12 PM at an effective price of just Rs. 24,999* on Flipkart, Motorola.in and leading retail stores across India.

      The motorola edge 60 sets a new benchmark in smartphone photography with its AI-enhanced, triple-camera system. The flagship 50MP main sensor is powered by the advanced Sony LYTIA 700C with Optical Image Stabilization (OIS). The entire camera setup is Pantone™ validated for 100% true-to-life colours and Pantone SkinTone™ validated to accurately capture natural skin tones. Complementing this is a 50MP ultra-wide camera with a broad 120° field of view and integrated Macro Vision. Completing the pro-grade setup is a 10MP telephoto lens with 3x optical and up to 30x AI Super Zoom, backed by OIS. The Edge 60 features an advanced 3-in-1 light sensor with real-time scene detection that intelligently adjusts exposure, white balance, and flicker reduction. The 50MP front camera employs Quad Pixel technology and motoAI with 4K video recording capability. motoAI’s powerful photo enhancement engine automatically refines colour, brightness, and clarity on all cameras, and for video, Adaptive Stabilization ensures smooth footage, while Portrait Mode brings depth and bokeh control with multiple focal lengths.

      The motorola edge 60 boasts the segment’s most durable and immersive 6.7" 1.5K pOLED Quad-Curved Display with 96.3% screen-to-body ratio and the segment’s best 45-degree curvature on the sides. This display is Pantone™ validated for true-to-life colours and skin tones, and comes with a 1220p Super HD resolution. It offers 13% more detail than standard Full HD+ screens.

      The motorola edge 60 features the segment’s brightest display, peaking at 4500 nits. The 6.7" 1.5K quad-curved pOLED panel supports HDR10+, covers 100% of the DCI-P3 colour gamut, and delivers over a billion colours with infinite contrast. Along with a 120Hz refresh rate and 300Hz touch sampling. Built with Corning® Gorilla® Glass 7i for added durability, the display also integrates Smart Water Touch 3.0 for accurate touch response. Edge Ambient Lighting delivers intuitive visual cues, while SGS Eye Protection with DC dimming minimizes blue light and flicker.

      The motorola edge 60 elevates the smartphone experience with motoAI 2.0. Image Studio, transforms simple text prompts or sketches into custom digital art, avatars, stickers, and cards in seconds. For music lovers, AI Playlist Studio curates the perfect playlist based on their mood, activity, or time of day. Beyond creativity, motoAI simplifies daily life with intelligent assistance features such as Catch Me Up and Pay Attention. The Remember This function saves important screenshots and information securely on the device, ready to be recalled whenever needed. Powered by 12GB RAM and RAM Boost 4.0, motoAI ensures smooth, fast performance while also optimizing battery usage and adapting seamlessly to your preferences.

      The edge 60 also features military standards for durability, passing 16 tests of MIL-810H Military Grade Certified Protection. It’s protected against extreme temperatures, including harsh winters as cold as -20°C or scorching summer days as high as 60°C. It also withstands up to 95% humidity. With Highest level of water protection IP68 and IP69 ratings, offering superior protection against dust, dirt, sand, and high-pressure water, it’s designed to withstand submersion in up to 1.5 meters of fresh water for 30 minutes.

      The motorola edge 60 stuns with its premium all-curved design, featuring a striking quad-curve profile that flows seamlessly from edge to edge for a truly immersive, borderless experience. It is incredibly practical — weighing just 180g with a sleek 8.2mm profile, making it one of the lightest and slimmest smartphones in its segment. The device is available in two Pantone™ curated colours with distinct finishes: Gibraltar Sea, a rich smoky blue in a sophisticated vegan leather texture, and Shamrock, a fresh and vibrant green with a soft-touch matte finish.

      The motorola edge 60 is engineered for performance, powered by the advanced MediaTek Dimensity 7400 chipset built on a 4nm process, flagship-grade battery efficiency, and an AnTuTu score of up to 725K. Paired with up to 12GB LPDDR4X RAM and 256GB UFS 2.2 storage. It also includes RAM Boost 4.0, allowing the device to intelligently convert storage into virtual memory for up to 24GB of total RAM. Plus, it also comes with support for 11 5G bands and Wi-Fi 6E.

      Powering the motorola edge 60 has a massive 5500mAh battery, supported by an ultra-fast 68W TurboPower™ charger in the box—delivering a full day’s power in just 15 minutes. Complementing the power-packed hardware is the latest Hello UI based on Android 15, offering a clean, fluid, and intelligent software experience. To top it off, stereo speakers with Dolby Atmos® and Hi-Res Audio deliver immersive sound.

      Signature Motorola software experiences include beloved Moto Actions, Smart Connect for cross-device continuity, Moto Migrate for easy data transfers, and Moto Secure for enhanced privacy and protection. Users also benefit from Moto Premium Care, along with 3 assured OS upgrades and 4 years of security patches.

      Availability of Motorola Edge 60: The motorola edge 60 is available in a single storage variant – 12GB RAM with 256GB storage in two stunning Pantone™ Curated colours – PANTONE Gibraltar Sea (smoky blue) and PANTONE Shamrock (fresh green).

      Standard Launch Price of Motorola Edge 60: For 12GB+256GB variant, Launch Price: INR 25,999 Effective Launch Price of Motorola Edge 60 with offers: For 12GB+256GB variant, Launch Price: INR 24,999* Disclaimers: *Price includes offers. Valid for a limited period only ^Validated by Pantone ~As per TechARC research on AI smartphones, 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.

      To View the Image, Click on the Link Below: motorola edge 60 goes on sale starting at just Rs. 24,999* (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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