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    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
    Punjab govt committed to paying all valid dues; legal options being examined: FM Cheema
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    Rupee gains 9 paise against US dollar
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    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
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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
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    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.

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      Founders Under 40 Who Are Building the Next Big Thing

      June 27, 2025

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      New Delhi [India], June 27: A new generation of visionary founders under 40 is rewriting the rules of innovation across industries—from AI and climate tech to health, finance, and fashion. These entrepreneurs blend purpose with profitability, scaling startups that address real-world problems with cutting-edge solutions. Whether revolutionizing mobility, redefining sustainable fashion, or transforming access to healthcare, these dynamic leaders are pushing boundaries and attracting global attention. Their fearless approach, digital-first thinking, and commitment to impact make them the trailblazers to watch as they shape the future of business and society. The next big thing is already in motion.

      Kunal Maheshwari, Chief Growth Officer & Co-Founder of Softlink Global Kunal Maheshwari is the Chief Growth Officer and Co-founder at Softlink Global, the company behind Logi-Sys—the most technologically advanced and easy-to-use connected ERP platform for freight and logistics. Driving global expansion across the Americas, Africa, and Southeast Asia, Kunal is leading Softlink’s transformation into the world’s most valuable freight technology company. Trusted by over 10,000 logistics businesses in 50+ countries, Logi-Sys is reshaping how freight forwarders manage operations, finance, and compliance with unmatched simplicity and intelligence. Kunal combines product vision with customer empathy, focusing on scalable innovation, intuitive design, and deep automation, making him one of the top young leaders powering the next wave of global logistics disruption.

      Dr. Vassundara Nattes, Founder of Aeliuscity HR Solutions Pvt Ltd Dr. Vassundara Nattes is a trailblazing first-generation tech entrepreneur with over 16 years of expertise in industry leadership, business development, and performance marketing. An engineering graduate and rank holder from Anna University, she is the Founder and Managing Director of Aeliuscity HR Solutions Pvt Ltd.

      Her leadership extends across global platforms as the Global Director at the Indian Economic Trade Organization (IETO), Strategic Advisor and Partner at Freedygo, and Director at both the India-EU and India-Africa Trade Councils. Dr. Nattes has been recognized for her remarkable contributions with prestigious honors, including Forbes India 40 Under 40 and the Dadasaheb Phalke Award.

      A TEDx speaker and multi-faceted personality, she is also a trained classical artist, a passionate athlete, and an active social advocate committed to community development and women empowerment.

      Valencio Rodrigues, Founder of Ride91 Mission: Decarbonising Bharat He left behind the calm of Goa to build in the heat of Ahmedabad — not for comfort, but for change. With no funding and no safety net, Valencio Rodrigues started Ride91 on belief alone.

      Belief that India’s streets can be electric. That drivers deserve future security. That courage can build what capital cannot.

      Ride91 is still small, but every ride is a step toward a cleaner, fairer Bharat.

      Ride91 is the future. It’s the startup India needs to succeed — and it’s up to all of us to make it happen. For Bharat.

      Himanshu Kedia, Founder of Mansa Automation Himanshu Kedia, founder of Mansa Automation, is a visionary entrepreneur reshaping the electric vehicle (EV) landscape. Alongside co-founder Sahil Kedia, he built a vast network of 150+ showrooms across India. In 2024, a factory fire destroyed years of work, but Himanshu’s resilience turned the crisis into an opportunity. Within six months, he rebuilt operations and scaled monthly sales from 10 to over 1,000 scooters. His journey reflects the true spirit of entrepreneurship: driven by purpose, patience, and belief. A curious and committed engineer at heart, Himanshu is passionate about developing impactful products that serve both society and the environment.

      Virkaran Singh, Founder of It’s Spotlight At the forefront of innovation in outdoor advertising, It’s Spotlight is redefining how brands connect with urban audiences. Launched by 23-year-old entrepreneur Virkaran Singh, the AI-powered DOOH startup made a bold debut by taking over digital screens at CP.67 Mall, Punjab. With real-time analytics, audience insights, and dynamic creative adaptation, It’s Spotlight turns every screen into an intelligent, interactive brand experience. From QR-based engagement to measurable impressions, the platform offers brands unmatched precision and transparency. Backed by Virkaran’s creative leadership and a vision for smarter media, It’s Spotlight is set to expand across high-footfall urban hubs through 2025 and beyond.

      Esha Shah Vora, Co-Founder & Creative Director of Maisha Lifestyle Esha Shah Vora is the Co-Founder and Creative Director of Maisha Lifestyle, an Ahmedabad-based accessory brand known for its eco-friendly handbags and bohemian designs. Passionate about sustainability and innovation, Esha leads Maisha in creating handcrafted products made from cotton, jute, and minimal vegan leather, supporting local artisans and traditional weaving techniques. Her efforts to blend style with purpose have earned recognition in Elle India, YourStory, Mashable India, and PinkVilla, along with podcast features. Through Maisha, Esha inspires small businesses to harness their potential while championing ethical fashion and conscious consumerism in India’s evolving retail landscape.

      Shreedha Singh, Founder & CEO of The Ayurveda Co After battling a chronic skin condition for nearly four years with little relief from modern medicine, Shreedha Singh found lasting healing through Ayurveda in just six months. This life-changing experience led her, along with Param, to launch Khadi Essentials in 2019 and later The Ayurveda Co. (T.A.C) to make Ayurveda a modern lifestyle choice. With a young, dynamic team of 60+ Tacstars, T.A.C is on a mission to bring Ayurveda into every Indian household. Guided by values of purity, innovation, and purpose, Shreedha champions shared growth, girl child education, and animal welfare—leading with curiosity, perfection, and heartfelt conviction.

      Nidhi Gautam Tripathi, Chief Executive Officer of StyloBug StyloBug is a fashion brand designed for adorable kids and the parents who lovingly chase comfort and style. From ethnic wear to casuals, party outfits, and accessories, StyloBug offers a wide range of children’s clothing crafted with the finest fabrics, elegant designs, and perfect fits without the heavy price tag. The brand believes that when kids feel good in what they wear, their joy is truly magical. As CEO, Nidhi Gautam Tripathi says, “Only a mother’s touch is more comfortable than our offerings.” At StyloBug, we don’t just dress kids we help parents create picture-perfect moments.

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

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