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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
    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
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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
    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
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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
    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
    Show AI Summary
    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.
    August 4, 2026
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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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      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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