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    India's services sector growth hits four-and-a-half-year low in July on weak demand: PMI
    SC grants interim bail to businessman Anwar Dhebar in manpower commission 'scam' case
    The Taxation and Other Laws Amendment Bill 2026 - Introduced in Lok Sabha on 4th August 2026
    RBI marginally raises FY27 GDP growth projection to 6.7 pc, lowers inflation forecast
    Collaboration, Inclusion and Entrepreneurship: How SIDBI MSME Samvaad Is Shaping the Future of India’s MSME Ecosystem
    RBI keeps policy rate unchanged for third time in row in FY27 amid West Asia crisis
    RBI keeps policy rate unchanged for third time in row amid West Asia crisis
    Markets climb in early trade on falling crude oil prices; RBI monetary policy decision awaited
    Rupee jumps 39 paise to 94.89 against US dollar ahead of RBI monetary policy decision
    Punjab govt committed to paying all valid dues; legal options being examined: FM Cheema
    ED searches multiple locations in Punjab, Chandigarh in PMLA case against PSIEC officials
    Rupee gains 9 paise against US dollar
    India, US working towards interim trade agreement: MEA
    Govt to adopt appropriate measures to mitigate fuel price volatility: MoS Finance
    Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LS
    Champion Mirabai Chanu Unveils MMTC-PAMP's 'Virasat' Recycled Gold Coin to Celebrate India's 80th Year of Independence
    Indian economy to hit USD 5-trillion mark in FY29 as per IMF: FM
    SVC Co-operative Bank Concludes 120th Annual General Meeting, Reaffirms Growth, Governance and Digital Focus
    Rupee falls 3 paise to close at 95.40 against US dollar
    Government Boosts MSME Financing Through SIDBI and ECLGS 5.0
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    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
    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
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    Dearness allowance arrears must be cleared promptly, while the government examines legal remedies and continues its structured liquidation plan.
    Pending dearness allowance arrears of government employees and pensioners are to be cleared within a fortnight, with restraint on unproductive expenditure until admissible dues are paid. The government states that it will pay constitutionally and legally valid dues while examining the judgment, precedents and possible legal remedies. It attributes the arrears to delayed pay commission implementation and frozen dearness allowance, and states that a structured liquidation plan has been prepared and partly implemented.
    August 4, 2026
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    Money-laundering investigation examines alleged fraudulent industrial plot allotments, benami holdings and diversion of plots to residential use.
    A money-laundering investigation under the Prevention of Money Laundering Act examines alleged irregularities in industrial-plot allotments involving corporation officials, private persons, property dealers and alleged benamidars. The inquiry concerns alleged use of fictitious firms and false addresses to obtain plots, allotments to relatives and associates, and alleged diversion or change of land use from industrial to residential purposes. These activities are alleged to have generated private gains while causing loss to the public exchequer.
    August 4, 2026
    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.
    August 4, 2026
    Show AI Summary
    Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
    Responsible precious-metals recycling is promoted through a commemorative recycled-gold coin intended to support domestic recycling, responsible sourcing and a self-reliant supply chain. The product is described as having certified purity authentication, tamper-proof packaging, a unique identification number and an assayer-certified minted card. The initiative seeks to reduce dependence on imported gold and expand organised, transparent recycling infrastructure. An organised silver buyback programme is also described as supporting secure consumer sales and a circular economy for precious metals.
    August 4, 2026
    Show AI Summary
    Broad-based growth strategy links tax reforms, trade resilience, industrial support and services development to medium-term economic expansion.
    The growth strategy combines agricultural productivity, manufacturing, MSME support, infrastructure, logistics, ease of doing business, streamlined income-tax and GST reforms, innovation, digitalisation, human-capital development, energy security, public capital expenditure, foreign direct investment liberalisation, export promotion, fiscal prudence and price stability. Trade resilience is to be strengthened through expanded trade agreements, while manufacturing, services, agriculture and strategic sectors receive targeted policy support. The material also reports secured-asset enforcement cases and recoveries by banks under the SARFAESI framework during FY25.
    August 4, 2026
    Show AI Summary
    Co-operative bank governance and financial disclosure support digital transformation, risk management, priority-sector lending and sustainable member-focused growth.
    Co-operative bank governance and financial disclosure were addressed at the annual general meeting, where the member-notice agenda was transacted and audited financial statements were presented. The bank reported growth in business, deposits and advances, together with net profit, asset quality, provisioning coverage and capital adequacy indicators. Its operational priorities include digital transformation, risk management, selective network expansion, customer service and operational discipline. Future priorities include retail and priority-sector lending, MSMEs, affordable housing and institutional deposits.
    August 4, 2026
    Show AI Summary
    Foreign-exchange market conditions weakened the rupee as oil prices, domestic equities and dollar strength shaped near-term currency expectations.
    The rupee weakened against the US dollar amid elevated crude oil prices, weaker domestic equities and a stronger dollar index, while foreign fund inflows moderated the decline. Attention shifted to the central bank's monetary policy meeting, with continuation of the existing benchmark policy rate anticipated. Earlier measures encouraging overseas dollar deposits and facilitating foreign participation in government bonds were reported to support capital inflows and India's external position.
    August 4, 2026
    Show AI Summary
    MSME credit expansion combines SIDBI lending initiatives with guaranteed additional working-capital facilities for eligible borrowers.
    MSME credit access is being expanded through SIDBI's branch network, direct lending, refinance support, co-lending arrangements, affordable credit for informal micro-entrepreneurs, and invoice-based digital credit for micro enterprises. Emergency Credit Line Guarantee Scheme 5.0 enables eligible MSMEs to obtain additional credit linked to peak fund-based working-capital outstanding, with full guarantee coverage for member lending institutions against defaults on the additional facility. The scheme also covers scheduled passenger airlines under distinct eligibility and guarantee parameters.

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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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