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    Asian shares edge higher after Wall Street climb, even as Brent oil keeps rising
    Rupee falls 11 paise to 96.36 against US dollar in early trade
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    SC issues notice on Venugopal Dhoot's plea against order upholding separate insolvency for VIL, VOVL
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    Trump imposes 50 per cent tariffs on Canadian goods, citing disputes over autos, alcohol and cheese
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    July 22, 2026
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    Oil-driven inflation pressures may prompt higher interest rates, despite equity gains led by artificial-intelligence and semiconductor shares.
    Asian equity markets largely rose following Wall Street gains led by artificial-intelligence and semiconductor shares. Rising crude oil prices are identified as a renewed inflation risk that could encourage central banks to raise interest rates, slowing economic activity and affecting equity valuations. Japan's reliance on imported energy and the effects of a weaker yen on trade values and energy costs are also highlighted.
    July 22, 2026
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    Foreign exchange market volatility pressures the rupee as oil-linked geopolitical risks boost safe-haven dollar demand and prompt market monitoring.
    Foreign exchange market movement saw the rupee depreciate against the US dollar amid higher crude oil prices, geopolitical tensions affecting oil-shipment security, and safe-haven demand for the dollar. RBI measures intended to attract overseas deposits were reported to support market confidence through foreign-currency inflows. Dealers were monitoring possible RBI participation through state-owned banks to moderate currency volatility while permitting gradual exchange-rate adjustment and preventing disorderly market movements.
    July 22, 2026
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    Rules-based multilateral trade engagement guides India's policy review, highlighting digital reforms, trade facilitation and clarification of market measures.
    India's WTO Trade Policy Review reaffirms commitment to a transparent, rules-based, inclusive and development-oriented multilateral trading system. It identifies reforms in trade facilitation, digital customs, logistics modernisation, quality infrastructure, Digital Public Infrastructure, innovation, sustainability, agricultural resilience and regional trade agreements. WTO Members recognised India's economic resilience and customs and digital modernisation, while seeking clarification on trade and investment regimes, Quality Control Orders, trade-remedy measures and WTO reforms.
    July 22, 2026
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    Financial inclusion expands universal banking, social insurance, pensions and collateral-free credit for underserved households and entrepreneurs.
    Financial inclusion is pursued through universal banking under Pradhan Mantri Jan Dhan Yojana, social-security coverage through life, accident and pension schemes, and credit access for underserved borrowers. Pradhan Mantri Mudra Yojana provides collateral-free institutional finance to micro and small business units for income-generating activities. The Stand-Up India Scheme supports Scheduled Caste, Scheduled Tribe and women entrepreneurs through loans for greenfield projects in manufacturing, trading, services and agriculture-allied activities.
    July 21, 2026
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    Foreign exchange contravention liability requires evidence that the person was responsible for the overseas transfer in question.
    Foreign exchange transfer for the 2009 South Africa cricket tournament was examined under the Foreign Exchange Management Act after funds were moved to an overseas entity without prior Reserve Bank approval. The appellate tribunal set aside the penalty imposed on Lalit Modi, finding no material establishing that he was in charge of the relevant affairs or personally responsible for the alleged contravention. Liability for a foreign-exchange contravention must rest on evidence connecting the person proceeded against with responsibility for the impugned transaction.
    July 21, 2026
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    Rural infrastructure financing under RIDF supports irrigation, roads, water supply, cooperative digitisation, producer organisations and climate-resilient livelihoods.
    Rural Infrastructure Development Fund financing supports rural infrastructure in Haryana, including irrigation, roads and drinking-water assets. Rural cooperative strengthening includes digitisation and financial viability of Primary Agricultural Credit Societies, alongside promotion and financial support for Farmer Producer Organisations. Climate-resilient measures include watershed development, groundwater management, micro-irrigation, direct seeding of rice and vegetable clusters, supplemented by livelihood training for rural women and agricultural lending and project-appraisal support.
    July 21, 2026
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    Supreme Court proceedings address juvenile adult trials, insolvency, electoral representation, environmental funds and foreign-exchange complaint requirements.
    Supreme Court proceedings covered election representation, criminal justice, insolvency and regulatory compliance. The Court considered challenges concerning political-party merger approval, separate insolvency proceedings for group entities, and espionage charges. It sought responses on an appeal mechanism for persons excluded from the National Register of Citizens and alleged non-utilisation of environmental relief funds. Criminal matters included medical assessment for interim bail, a fresh trial in a blast case, and the principle that a juvenile accused of murder may face adult trial where statutory conditions for a heinous offence are met.
    July 21, 2026
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    Digital lending safeguards require verified app associations, responsible recovery, data privacy, grievance redressal and reporting channels against illegal loan apps.
    Digital lending safeguards include a public directory enabling customers to verify a digital lending app's association with a regulated entity. The Digital Lending Directions, 2025 impose mandatory requirements on recovery practices, data privacy and customer grievance redressal for regulated entities, lending service providers and digital lending apps. Measures also include blocking illegal loan applications following due process, cybercrime reporting channels, complaint facilities for unlawful money collection, and public awareness programmes on fraud prevention and risk mitigation.
    July 21, 2026
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    Authorised Dealer Category-II remittances expand to specified trade and family-maintenance payments under the revised FEMA framework.
    FEMA framework revisions described as effective from May 2026 expand Authorised Dealer Category-II activities to include specified trade remittances and family-maintenance remittances, subject to the applicable RBI and FEMA framework. EbixCash World Money Limited states that its perpetual AD-II licence carries this expanded scope. The release describes a non-bank channel for MSME and SME cross-border payments, supported by Nostro-account settlement, remittance and travel-card services, and technology-enabled compliance measures including document verification, sanctions screening, fraud detection and transaction monitoring.
    July 21, 2026
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    Foreign investment regulation: Draft rules propose simpler, principle-based compliance and clearer separation of procedural requirements from investment policy.
    Draft Foreign Exchange Management (Foreign Investment) Rules, 2026 propose a simplified, principle-based foreign investment framework. The proposals rationalise provisions, harmonise definitions, and separate procedural foreign-exchange requirements from foreign direct investment policy and sector-specific conditions. They aim to streamline procedures, reduce compliance burdens, enhance operational flexibility, and apply investor-neutral and investee-neutral provisions while preserving regulatory safeguards. The draft Rules remain subject to public consultation before finalisation.
    July 21, 2026
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    Prepaid payment instrument programme adds mobility and gift card capabilities with digital servicing subject to applicable programme conditions.
    Prepaid payment instrument programme launched for Indian Overseas Bank through CARD91's technology stack, incorporating RuPay National Common Mobility Card and Gift Card capabilities. The programme was implemented following requisite approvals, testing and compliance validation. The RuPay NCMC facility supports prepaid, tap-based payments for metro, bus and parking transactions, subject to the bank's programme conditions and user eligibility. Digital card servicing may include balance enquiry, transaction history, reload or top-up functions, and customer support, subject to applicable programme terms.
    July 21, 2026
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    Free trade agreements and e-commerce export reforms expand preferential market access, address non-tariff barriers, and support small exporters.
    Export market diversification is advanced through trade agreements, export-promotion measures and capacity building. Free Trade Agreements seek preferential market access, increased trade and investment, and support for labour-intensive exports, while technical barriers to trade provisions and engagement mechanisms address standards, regulatory requirements and non-tariff barriers. Cross-border e-commerce exports are supported through trade-finance and compliance assistance, E-Commerce Export Hubs, District Export Hubs, simplified courier-export procedures, reverse-logistics facilitation, logistics planning, duty-and-tax remission, and MSME export facilitation.
    July 21, 2026
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    Production Linked Incentive Schemes strengthen domestic manufacturing through investment support, export growth, employment generation, monitoring and eligibility reforms.
    Production Linked Incentive Schemes for 14 sectors promote domestic manufacturing, investment, exports, employment and global competitiveness. Overall coordination and monitoring rests with the Department for Promotion of Industry and Internal Trade, while sector-specific implementation is undertaken by the relevant ministries and departments. Implementation is periodically reviewed, with scheme modifications, rationalised guidelines, relaxation of specified eligibility conditions, project monitoring, stakeholder consultation and inter-ministerial issue resolution used to improve uptake and strengthen domestic manufacturing ecosystems.
    July 21, 2026
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    Separate corporate insolvency processes remain contested over foreign asset treatment, specialised resolution needs, and creditors' commercial decision-making.
    Separate corporate insolvency resolution processes for VIL and VOVL are disputed following reversal of an earlier consolidation direction. Independent processes were preferred because the entities operate in distinct sectors and may require specialised resolution, while creditors' choice was treated as commercial wisdom not ordinarily open to tribunal interference. The dispute also concerns whether foreign oil and gas assets should be treated as VIL assets, against the background of VIL's conversion from co-obligor to corporate guarantor to ring-fence those assets from domestic business liabilities.
    July 21, 2026
    Show AI Summary
    Drone technology collaboration promotes joint manufacturing, technology transfer, rural entrepreneurship and global market access through an integrated industrial ecosystem.
    India-Russia industrial collaboration in drone technology is proposed through engagement on technology transfer, joint manufacturing, research collaboration, investment, exports and global market access. Drone City is presented as an integrated ecosystem covering manufacturing, research and development, testing, certification support, skill development, incubation, warehousing, startup acceleration and international technology partnerships. Its expansion and panchayat-level entrepreneurship programme are expected to create rural drone enterprises and employment in manufacturing, component production, quality control, maintenance, logistics and technical support.
    July 21, 2026
    Show AI Summary
    WTO trade policy review will assess India's trade measures, transparency framework, reforms, and responses to member questions.
    India's eighth Trade Policy Review under the World Trade Organization framework examines its trade policies and developments during the 2021-2025 review period. The process uses a Government Report and a Secretariat Report and provides a comprehensive peer examination of border and behind-the-border trade measures to promote transparency, predictability and understanding. The review addresses trade agreements, Goods and Services Tax rationalisation, digital trade-facilitation measures, and Member questions on digitisation, MSMEs, women's economic participation, Viksit Bharat and the Atmanirbhar Bharat Abhiyan.
    July 21, 2026
    Show AI Summary
    Fisheries subsidy disciplines promote sustainable marine resource use while excluding aquaculture and inland fisheries from their scope.
    The WTO Agreement on Fisheries Subsidies disciplines subsidies concerning marine wild-capture fishing and fishing-related activities at sea. It prohibits subsidies linked to illegal, unreported and unregulated fishing and fishing of overfished stocks, promoting conservation and sustainable use of marine resources. Aquaculture and inland fisheries remain outside its scope. India's fisheries management framework is identified as supporting implementation while preserving policy space and safeguarding the interests of traditional and small-scale fishers.
    July 21, 2026
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    Revised Index of Core Industries adopts a new base year, adds iron ore, and revises sector measurement methodology.
    The revised Index of Core Industries series adopts 2022-23 as its base year, replaces the former series and expands coverage to nine industries by including iron ore. Steel is measured using gross production data, while only raw coal is retained to avoid double counting. Weights are derived from the corresponding Index of Industrial Production series and normalised to 100. A geometric-mean linking methodology connects the former and revised series. June 2026 provisional estimates show overall year-on-year ICI growth, led principally by iron ore and electricity.
    July 21, 2026
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    Risk-based export controls exposed alleged pharmaceutical diversion, prompting NDPS enforcement against transnational illicit opioid trafficking networks.
    Risk-based export controls and intelligence-led enforcement under the NDPS Act, 1985 addressed an alleged attempt to divert an export consignment of high-strength Tramadol Hydrochloride tablets into illicit international channels. Enquiries with the International Narcotics Control Board and competent authorities indicated that the declared destination had been misrepresented. The action involved seizure of the consignment and arrests of persons alleged to be connected with the export arrangement and conspiracy. The operation emphasises risk-based profiling, export-control scrutiny, intelligence sharing, and international coordination against pharmaceutical diversion and transnational drug trafficking.
    July 21, 2026
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    Trade tariffs on Canadian goods target alleged discrimination against American automobiles, alcohol and dairy products under trade law.
    United States trade action imposes tariffs on most Canadian goods, citing alleged discriminatory treatment of American automobiles, alcoholic beverages and dairy products. The measures apply to goods previously protected under the United States-Mexico-Canada Agreement, subject to exclusions for energy products, potash, fish and critical minerals. The stated grounds include Canadian retaliatory tariffs, restrictions on American alcohol sales, treatment of dairy imports, and tariffs on certain United States motor vehicles outside preferential trade treatment.

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      OPPO Launches K13x 5G – The Toughest and Most Durable Smartphone Starting at INR 10,999

      June 24, 2025

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      Available on Flipkart from 27th June, 12PM with up to instant discount across variants and No-Cost EMI for up to 3 months.

      New Delhi, June 23, 2025: OPPO India has introduced the OPPO K13x 5G, the toughest 5G smartphone in its segment—crafted especially for young students and early professionals who demand durability and all-round functionality without compromise. Engineered for resilience, the K13x 5G comes with SGS Gold Drop Certification and MIL-STD 810H military-grade standards, making it the most robust device in its class. Its 360° Damage-Proof Armour Body is built using aerospace-grade AM04 aluminum alloy, reinforced with Crystal Shield glass, and enhanced by a biomimetic Sponge Shock Absorption System inspired by deep-sea sponges. With IP65 water and dust resistance, the OPPO K13x 5G sets a new benchmark for durability, delivering unmatched toughness without compromising on style or usability.

      Priced at INR11,999 for the 4GB+128GB variant, INR12,999 for the 6GB+128GB variant and INR14,999 for the 8GB+128GB variant, the OPPO K13x 5G will be available for purchase starting 27th June 2025 on the OPPO e-store and Flipkart from 12 PM onwards, in two colour options – Midnight Violet and Sunset Peach. Consumers purchasing this smartphone can avail an INR1,000 instant discount on 4GB & 6GB variants and INR2,000 instant discount on 8GB variant only on the sale day with select bank offers or with an exchange bonus of INR 1000 and an additional 3 months No Cost EMI option, bringing the effective price at INR10,999, INR11,999 and INR12,999 respectively.

      Savio D’Souza, Head of Product Communications at OPPO India, said, “With the OPPO K13x, we are reaffirming our commitment to Gen Z’s real-world needs: exceptional durability, fluid performance, and intelligent power efficiency—all at outstanding value. The K13x features a cutting-edge biomimetic shock absorption system, class-leading battery optimisation, and 5G readiness; the smartphone reflects OPPO’s vision—redefining what is possible in an entry-level smartphone without compromise.” Smrithi Ravichandran, Vice President – Mobiles, Flipkart, said, “At Flipkart, we continue to see increasing demand for smartphones that not only deliver strong performance but also withstand the demands of everyday life. The launch of the OPPO K13x 5G addresses this growing consumer need for durability without compromise. With its military-grade toughness, innovative shock absorption system, and well-rounded features, the K13x is a compelling choice for young users looking for value, style, and resilience. We are excited to partner with OPPO once again to bring this powerful and durable device to millions of customers across India.” Segment-Leading Durability, Fused with Style The OPPO K13x 5G sets a new benchmark for durability in the sub-₹15,000 segment, bringing together aerospace-grade strength and biomimetic brilliance in a sleek, everyday form factor. At its core lies the AM04 high-strength aluminum alloy inner frame—an advanced material used in aerospace engineering that delivers 10% more durability than previous-generation alloys. This robust internal skeleton is complemented by a solid outer frame for comfortable handling, while the front is shielded with Crystal Shield Glass—the same flagship-grade cover glass offering 160% better impact resistance than conventional materials. To further reinforce its build, the K13x 5G also comes with a specially designed Anti-Drop Shield Case right in the box, offering instant and added protection.

      Going beyond conventional toughness, the K13x 5G draws inspiration from nature’s oldest survivors—sea sponges. With over 700 million years of evolutionary wisdom, these organisms’ porous, flexible structures inspired OPPO’s Sponge Biomimetic Shock Absorption System. The system uses high energy-absorbing elastic materials to create internal buffer zones between critical components and the phone’s rigid frame. Lab tests demonstrate that this sponge-based architecture can reduce impact forces by up to 90%, providing advanced internal protection while maintaining a sleek 7.99mm profile and lightweight 194g build. It’s the perfect blend of nature-inspired engineering and modern durability—proof that you don’t have to sacrifice style for strength.

      Made in India, Tested to the Extreme The OPPO K13x is built with a 360° Damage-Proof Armour Body that offers comprehensive protection against everyday drops, bumps, and pressure from all directions. Certified tough by leading global authorities, the K13x proudly carries the SGS Gold Drop-Resistance Certification, SGS Military Standard Certification, and MIL-STD 810-H Shock Resistance Certification, validating its resilience through extensive lab simulations and real-world stress testing. Rigorously evaluated to endure life’s daily mishaps, the K13x underwent: • Drop tests from 1.1m to 1.3m on granite surfaces across all sides • Extreme drop tests from heights exceeding 1.4m with no structural damage • 30-40 consecutive screen-down drop tests from 1.2m without failure in performance Additionally, the phone carries an IP65 rating for complete dust protection and resistance to low-pressure water jets. Ports and entry points are sealed with waterproof gaskets, silicone seals, and precision adhesives. To ensure uninterrupted usability, OPPO’s exclusive Splash Touch and Glove Touch technologies allow seamless screen control even in wet conditions or while wearing gloves. From spills to showers, daily bumps to unexpected falls, the OPPO K13x 5G is not just engineered to endure—it’s built to lead.

      Power Meets Performance for Endless Entertainment The OPPO K13x 5G is powered by a class-leading 6000mAh battery—designed to keep pace with today’s nonstop digital lifestyle. Whether it’s binge-watching your favourite shows, marathon gaming sessions, or back-to-back lectures and meetings, this massive battery ensures all-day endurance without battery anxiety. Engineered to last, the K13x 5G guarantees over 80% battery health even after 1,700 charge cycles, making it one of the most reliable long-term performers in its segment. With 45W SUPERVOOC fast charging included in the box, the device charges up to 30% in just 21 minutes and reaches full capacity in 91 minutes—ideal for quick power-ups on the go. OPPO K13x 5G delivers powerhouse endurance—offering up to 19.3 hours of video playback, 40.7 hours of music, 56.8 hours of call time, and 10.6 hours of uninterrupted gaming—making it the ultimate companion for non-stop entertainment and all-day productivity.

      Complementing the powerhouse battery is a vivid and ultra-smooth 6.67-inch display that elevates every viewing experience. Featuring a 120Hz refresh rate, 1000-nits peak brightness, and an impressive 89.9% screen-to-body ratio, the K13x ensures fluid visuals, crisp clarity, and a more immersive field of view—perfect for content consumption and gaming on the move. Ultra Volume Mode amplifies audio output up to 300%, delivering clear and loud sound whether you're in a crowded café or navigating a busy street. Certified to retain smooth performance for over 36 months, the OPPO K13x 5G offers a truly immersive and dependable entertainment experience from day one—and far beyond.

      Immersive Entertainment, Smart AI Enhancements The OPPO K13x 5G is designed for users who want to do more—create, share, and enjoy—without limitations. Its 50MP AI Dual Camera, paired with a 2MP depth sensor and an 8MP front camera, captures crisp, vibrant photos with refined depth and natural-looking bokeh. The system is supercharged by smart tools like AI Eraser, AI Unblur, AI Reflection Remover, and AI Clarity Enhancer, delivering studio-like results in every frame. For creators and students, AI-powered features like AI Summary, AI Studio, AI Recorder, and Google Gemini transform the way you take notes, transcribe content, or generate visuals—simplifying tasks while enhancing creativity. The new ColorOS 15 based on Android 15 ties everything together with fluid animations, a minimalist UI, and smart utilities like file docking and predictive suggestions for seamless multitasking.

      Backed by AI LinkBoost 2.0’s advanced 360° antenna architecture and intelligent network switching, the K13x 5G ensures ultra-reliable connectivity—even in elevators, underground locations, or crowded urban areas. Whether you're uploading assignments, joining online meetings, or sharing content on the go, the OPPO K13x keeps you connected, uninterrupted.

      A Processor That Punches Above Its Weight Under the hood, the OPPO K13x 5G is powered by the MediaTek Dimensity 6300 processor—a segment standout that delivers fluid, responsive performance across the board. Built on a highly efficient 6nm process, it offers superior thermal control, AI-assisted power optimization, and enhanced responsiveness, making multitasking, gaming, and content consumption smooth and uninterrupted. Whether you're juggling assignments, streaming your favourite series, or gaming on the go, the Dimensity 6300 keeps things fast and consistent. Complementing the processor is UFS 2.2 storage, which ensures quicker app launches, faster file transfers, and seamless data handling. Complementing this is the side fingerprint unlock, which offers quick, secure access with just a natural thumb press—making unlocking seamless and intuitive, even on the go.

      Made in India, Built for Real Life Proudly made in India, the OPPO K13x 5G undergoes rigorous real-world durability tests—from 1.4-meter granite drop tests to high-velocity water spray simulations—ensuring it can withstand the chaos of everyday life. Whether it’s your first day at college, a packed commute, or a weekend adventure, this is a phone built to keep up. Available in two stunning finishes—Midnight Violet and Sunset Peach—the K13x doesn’t just survive tough conditions, it stands out with style. It’s a device that blends world-class engineering with local manufacturing strength to redefine what’s possible under ₹15,000. Durable, dependable, and designed to dazzle—the K13x is built for your grind and styled for your vibe.

      Please find more details here.

      Key Specifications About OPPO India PVT Ltd.

      OPPO is a leading global smart device brand. Since the launch of its first mobile phone - “Smiley Face” - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services. OPPO has footprints in more than 70 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world.

      (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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