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    Lok Sabha passes Bankers' Books Evidence Bill to replace colonial-era law
    Sensex gains 152 pts in volatile session as RBI keeps policy rates unchanged
    DRI seizes 364 metric tonne (MT) banned Pakistan-origin dry dates imports worth Rs. 3 crore
    Rupee gains 13 paise to close at 95.15 against US dollar post-RBI policy decision
    ED raids premises linked to ex-Andhra MLA Malla Vijaya Prasad in chit fund scam
    'Gungi gudiya' remark against Sunetra shows Cong's 'ideological bankruptcy': NCP leader Tatkare
    RBI holds interest rates for fourth straight meeting, awaits clearer inflation outlook
    Highlights of RBI's August monetary policy
    RBI targeting polymer currency notes launch in early FY28: Guv Malhotra
    Two women held at Delhi airport with 1 kg gold concealed as silver-coated armlet
    Sensex trades higher, Nifty flat post RBI policy
    India's services sector growth hits four-and-a-half-year low in July on weak demand: PMI
    SC grants interim bail to businessman Anwar Dhebar in manpower commission 'scam' case
    The Taxation and Other Laws Amendment Bill 2026 - Introduced in Lok Sabha on 4th August 2026
    RBI marginally raises FY27 GDP growth projection to 6.7 pc, lowers inflation forecast
    Collaboration, Inclusion and Entrepreneurship: How SIDBI MSME Samvaad Is Shaping the Future of India’s MSME Ecosystem
    RBI keeps policy rate unchanged for third time in row in FY27 amid West Asia crisis
    RBI keeps policy rate unchanged for third time in row amid West Asia crisis
    Markets climb in early trade on falling crude oil prices; RBI monetary policy decision awaited
    Rupee jumps 39 paise to 94.89 against US dollar ahead of RBI monetary policy decision
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    August 5, 2026
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    Digital bank-record evidence gains a technology-neutral framework through expanded admissibility, certified authentication, and regulated production of bankers' books.
    The Bankers' Books Evidence Bill, 2026, modernises the evidentiary treatment of banking records by extending "bankers' books" to physical, electronic, digital, virtual and cloud-based records. It recognises electronic bank records as admissible evidence, allows production in physical or electronic form, and provides for standardised certificates authenticated by manual, digital or electronic signatures. The Bill also defines "special cause" for compelling bank officers to produce records or testify where the bank is not a party, and permits extension to specified financial-sector entities subject to conditions.
    August 5, 2026
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    Closing auction price discovery and unchanged policy rates shaped volatile equity trading amid inflation and geopolitical uncertainty.
    The Monetary Policy Committee retained the policy repo rate and neutral policy stance while seeking greater clarity on inflation risks from higher energy costs. Stock exchanges introduced the Closing Auction Session for eligible futures and options shares in the equity cash segment to determine closing prices through a more transparent and robust auction-based price-discovery mechanism. Equity markets showed volatile, limited gains amid geopolitical uncertainty, energy-price concerns, profit booking and the new mechanism's introduction.
    August 5, 2026
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    Pakistan-origin import prohibition covers third-country routing, false origin declarations, forged documents, and trans-shipment arrangements used to evade restrictions.
    The prohibition on direct or indirect import or transit of goods originating in or exported from Pakistan extends to goods routed through third countries and falsely declared as having another origin. Misdeclaration of country of origin, false descriptions, forged documentation, and trans-shipment arrangements may contravene that prohibition and invite action under the Customs Act, 1962. Dry dates declared as UAE-origin and Guggul resin declared as Somalia-origin were investigated as goods of Pakistan origin routed through Dubai.
    August 5, 2026
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    Foreign exchange stability measures support the rupee as policy continuity, capital inflows and global risk sentiment shape currency expectations.
    Foreign exchange market movement reflected a rupee appreciation against the US dollar following the monetary policy decision to retain the repo rate and neutral stance. Market sentiment was supported by softer crude oil prices, weakness in the US dollar, lower US Treasury yields and foreign equity inflows. The monetary policy framework sought to support capital inflows and maintain an orderly rupee trajectory, with geopolitical developments and US economic data remaining relevant to near-term exchange-rate expectations.
    August 5, 2026
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    Money-laundering investigation examines alleged proceeds from chit fund operations following searches linked to a former company managing director.
    A money-laundering investigation concerns alleged proceeds of crime arising from a multi-state chit fund operation associated with Welfare Building and Estates Pvt Ltd. The company is alleged to have collected investor deposits through investment schemes promising high returns before defaulting. Searches at premises linked to its former managing director form part of the inquiry into alleged laundering. The underlying alleged fraud had previously resulted in a CBI case and multiple police FIRs.
    August 5, 2026
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    Political restraint in public communications was urged, alongside adherence to principal-speaker protocol during press conferences and media interactions.
    Political restraint in public communications was urged after a social-media remark directed at Sunetra Pawar was criticised as ideologically irresponsible. It was stated that regret alone was insufficient and that leaders should exercise care in public comments. Press-conference protocol was also emphasised: the principal dignitary should respond to media questions, and those seated alongside should not participate in the interaction. Party colleagues were expected to act more responsibly in future media engagements.
    August 5, 2026
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    Neutral monetary policy stance continues as inflation clarity is awaited, alongside cooperative banking and lending-rate transparency measures.
    Monetary policy maintained the benchmark policy repo rate and a neutral stance pending clearer evidence that energy-cost pressures will generate broad-based inflation. Inflation is expected to rise temporarily due principally to food and fuel prices before moderating, while core inflation remains benign. The approach remains data-dependent, supported by two-way liquidity operations. Proposed measures include resuming urban cooperative bank licensing, revising rural cooperative bank credit-monitoring directions, and harmonising interest-rate regulation on advances across regulated entities to improve transparency and consumer protection.
    August 5, 2026
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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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    Tax certainty measures revise fund-management safe harbours, electronic-payment charges, sectoral exemptions, business-trust treatment, and excess expenditure appropriation.
    The Taxation and Other Laws (Amendment) Bill, 2026 proposes to replace the Income-tax (Amendment) Ordinance, 2026 and amend payment-system and tax laws. It would prohibit charges on notified electronic payments, revise safe-harbour conditions for eligible investment funds and fund managers, and expand tax exemptions for Government securities, qualifying rough-diamond sales and bonded-warehouse component storage. It also modifies exemptions concerning electronic-goods contract manufacturing, data centres and business-trust dividends, while imposing a differentiated surcharge on qualifying special purpose vehicles. A separately included appropriation bill authorises excess expenditure from the Consolidated Fund of India.
    August 5, 2026
    Show AI Summary
    Growth and inflation projections reflect resilient domestic activity while energy volatility, supply disruptions, and food prices sustain inflation risks.
    Monetary policy projections for fiscal 2026-27 revise real GDP growth upward to 6.7 per cent and Consumer Price Index inflation downward to 5 per cent. Domestic activity is described as resilient amid global uncertainty, but inflationary risks persist from rainfall disruption, energy-price volatility, supply-chain uncertainty, and second-round effects of higher food, fuel and input costs. Core inflation is projected at 4.3 per cent for the fiscal year.
    August 5, 2026
    Show AI Summary
    Industry collaboration strengthens MSME competitiveness through shared resources, market linkages, capability building and inclusive support for women entrepreneurs.
    MSME development is linked to collaboration, knowledge-sharing, institutional support and capability building. Industry associations can provide networking, policy advocacy, business intelligence, skills programmes, shared infrastructure and market linkages, while collective procurement, shared logistics, digital commerce and export readiness may improve competitiveness. Women-led enterprises benefit from market-oriented capability development, mentorship, continuous learning, professional networks, capacity-building programmes and institutional support. The Development of Industry Associations initiative is intended to connect associations and facilitate the sharing of best practices.
    August 5, 2026
    Show AI Summary
    Monetary policy rate maintenance continues under a neutral stance amid energy disruption, inflation concerns and sustained currency depreciation.
    Monetary policy rate maintenance was continued with the repo rate retained at 5.25 per cent under a neutral stance amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The growth forecast was marginally increased and the inflation projection reduced. Sustained rupee depreciation against the dollar was attributed to costly oil, capital outflows, widening trade deficits and a strong US dollar.
    August 5, 2026
    Show AI Summary
    Monetary policy rate pause maintains a neutral stance amid energy disruption, inflation concerns and sustained rupee depreciation pressures.
    Monetary policy rates were retained without change for a third consecutive review, with a neutral stance maintained amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The policy assessment noted retail inflation above the medium-term target, alongside an upward revision to growth expectations and a downward revision to the inflation projection. Continued rupee depreciation was linked to higher oil prices, capital outflows, widening trade deficits and a stronger US dollar.
    August 5, 2026
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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
    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.

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      Dexian India and OREDA: Orchestrating Odisha’s Renewable Renaissance through Intelligent Digital Infrastructure

      June 21, 2025

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      In the digital commerce ecosystem, it’s not the strongest that thrive, but those that innovate, integrate, and adapt relentlessly.

      Odisha’s commitment to sustainable development is not just a policy decision, it is a vision in motion. At the heart of this green transition is the Odisha Renewable Energy Development Agency (OREDA), a dynamic institution under the Science & Technology Department, Government of Odisha, entrusted with driving decentralized renewable energy solutions across the state. Yet, as OREDA scales its impact, from solar rooftop installations to off-grid electrification, its digital backbone must evolve.

      The need of the hour is a robust, unified technology stack that integrates project management, asset tracking, CRM, and citizen support in real-time. At Dexian India, we believe our proven track record in intelligent, mission-driven systems for governments and enterprises aligns with OREDA’s next phase of digital modernization.

      With over two decades of experience and innovation, Dexian India brings cross-sector experience in supporting digital transformation across government and enterprise ecosystems. Its capabilities in smart governance platforms, AI-powered customer solutions, scalable infrastructure, and cybersecurity make it uniquely suited to architect the future of OREDA’s digital ecosystem.

      The OREDA Challenge: Fragmented Systems, Soaring Aspirations Established in 1984, OREDA has emerged as a nodal agency pushing the frontiers of renewable energy in Odisha. From implementing solar microgrids in tribal belts to providing clean cooking solutions to rural households, its work is both expansive and life-changing.

      To support this scale of transformation, the modernization of core systems becomes crucial. Currently, OREDA is advancing from earlier operational models to a digitally cohesive structure, one that enables: • Integrated Asset Records to streamline service delivery and eliminate fragmentation • Automated and Scalable Grievance Redressal to respond to increasing citizen interactions in real-time • Digitized Vendor Performance Monitoring to ensure service-level compliance • Unified Data Systems that eliminate silos and strengthen decision-making with actionable insights According to the Central Electricity Authority, Odisha aims to add over 5,000 MW of renewable energy capacity by 2030. To meet this ambition, OREDA needs a digital nerve center that enhances visibility, agility, and accountability.

      Dexian’s Vision: Orchestrating Digital Synergy for Sustainable Impact At Dexian India, transformation begins with insight. Through its collaborative digital frameworks, Dexian empowers organizations to convert complexity into clarity. For OREDA, this means an end-to-end solution that is modular yet unified, secure yet scalable, and tech-driven yet citizen-focused.

      “When digital solutions align with grassroots governance, the result is not just efficiency, it is empowerment,” says Venkat Lakshminarasimha, Executive Director, DISC – Solutions – India & Middle East at Dexian.

      Dexian’s approach to OREDA’s modernization is anchored in four strategic pillars: 1. Unified Project Management: From Gantt Charts to Ground Impact OREDA manages hundreds of concurrent projects, from solar cold storage in Kandhamal to smart street lighting in Bhubaneswar. Yet, the absence of real-time tracking impedes outcomes.

      Dexian proposes an intelligent Project Management Information System (PMIS) that ensures: • Milestone-Based Monitoring with visual dashboards across schemes • Geo-tagged Implementation to monitor vendor compliance • Automated Alerts for delays, budget overruns, or policy deviations The system will feature an integrated Work Breakdown Structure (WBS) that maps tasks to stakeholders, EPC vendors, district coordinators, and engineers, with traceable accountability.

      2. Intelligent CRM: Transforming Grievance Redressal into Citizen Delight Today’s citizens expect more than a toll-free number, they seek instant, informed, and empathetic responses. Dexian’s cloud-native CRM platform, customized for OREDA, elevates the service experience by offering: • Omni-channel Access via WhatsApp, IVR, SMS, Email, and a mobile app • Automated Ticketing & Escalation Engines ensuring SLA-bound closures • Sentiment Analysis and Voice-to-Text Feedback Capture Backed by a centralized knowledge base, the CRM will empower agents to resolve Level 1 queries autonomously, while routing complex tickets to technical experts or EPC teams.

      “The essence of service delivery lies in precision, pace, and personalization,” affirms Venkat. “That’s the bar we are setting for citizen engagement platforms.” 3. Strategic Asset Management: A Living Map of Odisha’s Renewable Landscape OREDA’s current asset base spans over 150,000 decentralized energy assets, including solar pumps, off-grid systems, and bio-energy plants. Tracking their status, health, and warranty lifecycles is mission-critical.

      Dexian’s Asset Intelligence Engine (AIE) enables real-time asset visibility by incorporating: • QR-Code Enabled Tagging for field-scannable asset IDs • Predictive Maintenance Algorithms to pre-empt failures • Vendor-linked SLA Dashboards ensuring compliance on replacements and repairs • Inventory Optimization using AI for spare part stocking and forecasting This solution ensures that each asset, whether in a coastal village or a tribal hamlet, has a digital identity, performance log, and actionable history.

      4. Contact Center of the Future: Always Available, Always Aware The proposed Support Center in Bhubaneswar will be reimagined as a Smart Service Nucleus, integrating voice, data, and human support with embedded intelligence.

      Dexian will deploy: • Cloud-based ACD (Automatic Call Distributor) with smart routing • IVR with Vernacular Language Options for broader inclusivity • AI-Powered Voice Bots to reduce call volume by 40% • Field Escalation Interface for L2 support and on-ground redressal Monthly analytics will evaluate metrics such as first-call resolution, agent productivity, citizen satisfaction scores, and unattended calls, ensuring continuous improvement.

      Security, Scalability, and Compliance at the Core In an era of increasing cyber vulnerabilities, Dexian's solution will be fully compliant with CERT-In guidelines and incorporate: • Data-at-Rest and In-Transit Encryption • Role-Based Access Control with Audit Trails • SSL Certification for All Portals • Third-party Vulnerability Assessment & Penetration Testing (VAPT) before launch Moreover, Dexian will host the solution on the Odisha State Data Centre (OSDC), ensuring data sovereignty, high availability, and seamless scalability.

      Capacity Building: Building Digital Champions Within OREDA Dexian believes that technological adoption is only as successful as the people behind it. Therefore, a structured Train-the-Trainer program will be rolled out, focusing on: • Hands-on CRM and PMIS usage • MIS report interpretation and analytics • Helpdesk management SOPs • Field team mobile app workflows A multilingual training kit, including videos, manuals, and live demos, will ensure stakeholders across hierarchies and regions are equipped and empowered.

      Why Dexian? The Proven Partner for Purpose-Driven Innovation Dexian India is not new to complexity. From empowering state governments in India to enabling NextGen GCCs for Fortune 500 clients, Dexian brings a blend of domain depth, execution excellence, and design thinking to the table.

      Here’s why OREDA can consider Dexian as a trusted implementation partner: • 80% First-Time Resolution Rate in similar citizen helpdesk implementations • Certified experts in Salesforce, SAP PM, Microsoft Dynamics, AWS, and ServiceNow • Dedicated Government Center of Excellence The Outcome: A Renewable Energy Ecosystem That Thinks, Learns, and Responds A modernized digital ecosystem would enable OREDA to more effectively monitor project implementation, respond to citizen feedback in a timely manner, and manage renewable energy infrastructure through data-driven insights. Dexian India, with its experience in building scalable public-sector platforms, can support this transition where required, offering technical expertise, system integration capabilities, and training frameworks tailored to OREDA’s operational needs.

      Final Thoughts: A Future Forged in Code, Collaboration, and Clean Energy Odisha stands at the cusp of a renewable revolution. With its unwavering focus on equity, inclusion, and sustainability, OREDA is ready to lead the charge. But to do so, it needs a technology partner that brings more than code, it needs conviction.

      Dexian India is that partner.

      Together, OREDA and Dexian can not only meet the 2030 renewable targets but redefine how citizens, governments, and clean energy coexist in a digitally empowered society.

      (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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