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    Rupee gains 20 paise to close at 95.08 against US dollar post-RBI policy decision
    TN Budget: Revenue deficit at Rs 55,775 crore, fiscal deficit estimated at Rs 1,21,819 crore
    Tatkare slams ‘gungi gudiya’ jibe against Sunetra; Cong says row being exploited for political gains
    RBI invites public comments on Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks
    Pakistan-origin dry dates, routed through UAE, seized at Kandla port
    RBI keeps rates unchanged, retains neutral stance; outlook uncertain on El Nino, geopolitical risks
    Government Notifies Inventory-based Cross-border E-Commerce Export Framework under Foreign Trade Policy 2023
    Customs official among 5 held for smuggling gold of Rs 1.44 crore at Indore airport
    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
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    August 5, 2026
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    Rupee appreciation followed unchanged monetary policy, lower crude prices, weaker dollar and expectations of orderly exchange-rate management.
    The rupee strengthened after the central bank maintained its policy rate and neutral monetary-policy stance. Lower crude oil prices, a weaker US dollar and declining US Treasury yields supported investor sentiment. Earlier measures to attract capital inflows remained part of the framework supporting the rupee, while the central bank stressed its endeavour to preserve an orderly currency trajectory. Future movement was linked to geopolitical de-escalation, global risk sentiment and US economic data.
    August 5, 2026
    Show AI Summary
    Fiscal consolidation through revenue mobilisation and leakage control aims to reduce deficits while expanding capital expenditure capacity.
    Tamil Nadu's Revised Budget Estimates for 2026-27 project a revenue deficit and fiscal deficit, with outstanding liabilities comprising public debt and public-account liabilities. Revenue mobilisation is proposed through improved tax administration, collection efficiency, closure of leakages, liquor-manufacturer privilege fees, and eligible Union grants. The strategy projects gradual deficit reduction to create room for capital expenditure, supported by expenditure reforms aimed at eliminating leakages, optimising expenditure, and improving service delivery.
    August 5, 2026
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    Political criticism of public office-holders raises debate over media accountability, personal remarks, and acceptable public discourse.
    Political criticism followed a social-media post describing Maharashtra Deputy Chief Minister Sunetra Pawar as "gungi gudiya" in connection with a press interaction on law-and-order issues in Beed district. Congress representatives stated that the post was not a personal insult, had been deleted after adverse reactions, and was followed by an expression of regret. NCP representatives termed the expression inappropriate and stressed that the principal dignitary should conduct media interactions. Shiv Sena (UBT) representatives described the phrase as not unparliamentary and linked it to criticism of a guardian minister's public responsibilities.
    August 5, 2026
    Show AI Summary
    On-tap licensing for Urban Co-operative Banks enters public consultation through draft guidelines inviting stakeholder feedback.
    Draft guidelines for 'on tap' licensing of Urban Co-operative Banks have been issued for public and stakeholder consultation. Comments and feedback may be submitted until September 05, 2026, through the designated online consultation facility or by written or email submission to the specified regulatory department.
    August 5, 2026
    Show AI Summary
    Prohibition on indirect Pakistan-origin imports targets alleged origin misdeclaration and UAE routing used to circumvent trade restrictions.
    Import prohibition on goods originating in Pakistan applies to direct and indirect imports under the Foreign Trade Policy, 2023. Pakistan-origin dry dates routed through the UAE were allegedly declared as UAE-origin goods for import, and were intercepted under the Customs Act, 1962. Investigation indicated that the goods were first sent from Pakistan to Dubai, re-containerised, and then exported to India. A separate interception involved Pakistan-origin guggul resin allegedly declared as Somali natural resin and routed through Dubai.
    August 5, 2026
    Show AI Summary
    Neutral monetary policy stance keeps benchmark rates unchanged while inflation risks, liquidity management and consumer-protection reforms remain under review.
    Monetary policy maintains the benchmark policy rate unchanged and retains a neutral stance, with future decisions guided by incoming data. The central bank remains committed to aligning headline inflation with its medium-term target while monitoring food, fuel and other input-cost risks. Surplus liquidity will be managed through two-way operations, and the regulatory framework for interest rates on advances is proposed to be harmonised and standardised across regulated entities to improve transparency and consumer protection.
    August 5, 2026
    Show AI Summary
    Export-only e-commerce inventory framework enables seller exports through registered exporters while requiring traceability, timely payments and domestic-diversion controls.
    The export-only inventory framework permits eligible e-commerce entities to export through a registered Exporter-on-Record, which procures goods from Indian Sellers-on-Record against confirmed overseas orders and assumes export and destination-country compliance responsibilities. Inventory must be segregated, digitally traceable and cannot be diverted to domestic sale. The framework requires timely seller payments, visibility of overseas sales and shipment information, proportional pass-through of export rebates and refunds, annual compliance certification and digital records.
    August 5, 2026
    Show AI Summary
    Gold smuggling enforcement targets concealed foreign-origin gold, airport control evasion, and illicit railway transport under customs law.
    Gold smuggling enforcement operations under the Customs Act, 1962 involved alleged concealment and unlawful movement of foreign-origin gold. At an international airport, an alleged syndicate used an airline employee to transfer gold received from arriving passengers outside Customs and immigration controls, with gold disguised as silver-coloured bracelets. A separate railway operation concerned gold concealed in a specially made cloth waist belt and intended for delivery to a jeweller. The actions addressed concealment, evasion of Customs controls, and illicit transport of foreign-origin gold.
    August 5, 2026
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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      OPPO India Launches Reno14 Series with 3.5x Telephoto Camera, Wireless Charging, India First MediaTek Dimensity 8450, and much more

      July 9, 2025

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      New Delhi, 7rd July 2025: OPPO India has launched the Reno14 Series, delivering a complete smartphone experience for users who demand performance, power, and precision in every feature. With the Reno14 and Reno14 Pro, OPPO transforms how users capture, edit, and share their lives. These smartphones integrate lossless 3.5x optical zoom + up to 120x digital zoom, advanced AI editing tools, and water-resistant durability into a powerful all-rounder that adapts to every lifestyle. At the same time, the Reno14 Series pushes boundaries by packing the largest number of AI imaging and productivity features in its segment, making the Reno14 Series true value for money.

      The Reno14 Series goes on sale starting 12:00 PM tomorrow, i.e., 8th July 2025, across Amazon, Flipkart, mainline retail outlets, and the OPPO E-store. Customers can purchase the Reno14 Series at a net effective starting price of ₹34,200 during the first sales period. ** Unrivaled Durability, Premium Craftsmanship OPPO has built the Reno14 Series to outperform and outlast. Both models feature aerospace-grade aluminum frames—making them among the very few smartphones in their category to offer a premium metal build, while others rely on plastic bodies. This metal body with the one-piece sculpted glass enhances in-hand feel and significantly improves strength and longevity.

      OPPO augments durability with Corning® Gorilla® Glass 7i and IP66, IP68, and IP69 certifications, ensuring protection against dust, immersion, and high-pressure hot water up to 80°C. Even the USB port comes with a platinum coating for added resistance against corrosion and moisture.

      The company’s Sponge Bionic Cushioning design mimics the structure of natural sea sponges to shield internal components from drops and shocks—delivering class-leading impact protection.

      The devices also feature a luminous, multi-layer iridescent finish created through a 12-layer precision coating process that reflects light dynamically—evoking the subtle glow of changing landscapes. The Reno14 Pro is available in Pearl White with Velvet Glass and Titanium Grey with a reflective matte finish. Reno14 comes in Pearl White and Forest Green with a luminous loop deco.

      Immersive Displays, Ultra-Slim Design Both models feature glove-friendly, ultra-slim-bezel 120Hz LTPS AMOLED displays that deliver peak brightness of 1200 nits. Whether under harsh sunlight, during night drives, or while relaxing indoors, visuals stay vivid and sharp.

      The Reno14 Pro features a 6.83-inch flexible AMOLED display, while the Reno14 offers a slightly smaller 6.59-inch screen — both with 1.5K resolution and over 93% screen-to-body ratio for an immersive viewing experience.

      Despite their superior build quality and rugged design, both models are lightweight and slim. The Reno14 Pro weighs just 201g with a 7.58mm slim profile for Pearl White and 7.48mm for Titanium Grey, while the Reno14 is a travel-friendly 187g with a sleek 7.42mm body.

      Flagship Imaging That Travels With You The Reno14 Series brings OPPO’s most advanced camera system yet—engineered for creators, explorers, and storytellers—with a 3.5x telephoto lens on both the Reno14 and Reno14 Pro for the first time. A 50MP Hypertone camera setup with 3.5x telephoto lens, delivers optical zoom with a portrait-perfect focal length, for crisp results in any setting—from monuments to streetscapes.

      Users can zoom up to 120x using AI-powered hybrid zoom, capturing details of distant landscapes, intricate monuments, or rare wildlife. 50MP 3.5x Telephoto Camera- Close Enough To Feel alive Cinematic 4K HDR video at 60fps on the Reno14 Pro is supported by three rear and front cameras. Users can switch between the main, wide and telephoto lenses smoothly when recording videos—ideal for vlogs, travel docs, or social reels. The Reno14 offers the same video capabilities across its telephoto, main, and front cameras, ensuring a consistent and high-quality shooting experience.

      The Triple Flash Array ensures accurate photos, complete with depth, even in low light. With flashes calibrated to specific lenses—including a dedicated one for telephoto—the system captures everything from night markets to twilight cafes with rich contrast and clarity.

      An Underwater Photography Mode lets users shoot 4K video or photos underwater without a case—perfect for pool scenes, monsoon landscapes, or seaside vacations.

      The Most AI Features in Imaging, Ever In line with OPPO’s promise to make AI accessible to everyone, the Reno14 Series integrates the highest number of AI tools for photography and imaging in its segment. These features make the phone more than a camera—they make it a creative partner.

      AI Editor 2.0 lets users to turn a video into photos, fix an imperfect group shot, or even add a friend who missed the moment.

      • AI Recompose under AI Editor 2.0 suggests professional framing with a single tap—ideal for portraits, monuments, and street photography • AI Perfect Shot under AI Editor 2.0 learns facial patterns from your gallery to detect and replace missed expressions.

      In addition, the Reno14 Series includes AI Livephoto 2.0, AI Best Face, AI Unblur, AI Studio, AI Reflection Remover and AI Eraser 2.0—offering a feature-rich, AI-first photography experience unmatched by any competitor in its price range.

      Flagship Performance, Travel-Tested Reliability The Reno14 Pro 5G runs on the MediaTek Dimensity 8450 All-Big-Core processor, delivering 41% better multi-core performance and 44% higher power efficiency and further optimising video stability through EIS. With an AnTuTu score of 1.66 million, its 7-core Mali-G720 GPU and NPU 880 handle advanced AI and creative workloads with ease.

      The Reno14 5G uses the Dimensity 8350 chipset, with the Mali-G615 six-core GPU and NPU 780 support for seamless multitasking, gaming and AI respectively.

      To prevent thermal throttling, OPPO integrates the Nano Dual-Drive Cooling System, combining ultra-conductive graphite and the largest ever vapour chamber on the Reno series. Even after 3 hours of BGMI at 90fps in 35°C ambient conditions, the Reno14 Pro 5G 5G maintained a max. temperature of 36.6°C after three hours of playing BGMI at 90 FPS.

      AI Adaptive Frame Booster and AI Temperature Control further optimize gaming and streaming by keeping visuals smooth and temperatures in check.

      Connectivity stays fluid thanks to AI LinkBoost 3.0, which intelligently switches between mobile data and Wi-Fi based on real-time network quality.

      Massive Battery + Smart Fast Charging The Reno14 packs a robust 6000mAh 5-year durable battery with 80W SUPERVOOC™ fast charging, while the Reno14 Pro features a larger 6200mAh 5-year durable battery with 50W AIRVOOC™ wireless charging support.

      A quick 10-minute top-up on the Reno14 Pro delivers up to 13.2 hours of calling, 14 hours of Spotify, or 7 hours of YouTube streaming. A full wired charge completes in just 47 minutes.

      Both batteries are rated for five years of consistent performance, retaining capacity even after long-term usage.

      ColorOS 15: AI That Works for You with Google Gemini ColorOS 15 turns the Reno14 Series into a smart, productivity-boosting companion that helps users manage their life and work on the move.

      The Trinity Engine improves system fluidity and memory management while ensuring long-term stability while the Luminous Rendering Engine is designed to enhance the smoothness and responsiveness of animations and visual effects on the phone.

      Thanks to tight integration with Google Gemini AI, users can control apps like Notes, Clock, and Calendar through voice—useful for setting reminders, writing travel logs, or scheduling tasks.

      AI productivity tools elevate everyday efficiency: • Translate supports real-time voice translation and camera-based text recognition—great for navigating street signs, menus, or local guides.

      • AI VoiceScribe transcribes conversations instantly and summarizes content—ideal for professionals, students, or travelers.

      • AI Mind Space brings together screenshots, images, and notes into a searchable timeline, automatically detecting key dates and offering one-tap calendar entries.

      In addition, Documents app includes powerful tools like AI Summary, AI Rewrite, and Extract Chart, making it an indispensable assistant for young professionals. The AI Toolbox 2.0 includes productivity features like Screen Translator, AI Writer, AI Reply and AI Recording Summary that can record office meetings—in English, Hindi and Tamil—as long as five hours and generate notes, summaries and transcripts. Additionally, Circle to Search with Google allows users to instantly search for anything on-screen with a simple long press of the home button or navigation bar.

      Conclusion: A Durable, AI-Powered All-Rounder That Delivers More With the Reno14 Series, OPPO delivers a no-compromise smartphone experience. It is one of the only devices in its segment to feature a premium aluminum frame, lossless 3.5x optical zoom + up to 120x digital zoom, industry-leading durability, and the largest AI toolkit across photography and productivity.

      The Reno14 Series is not only ready for your next journey—it’s built to handle every moment with precision, performance, and purpose.

      OPPO Pad SE Unveiled In addition to the Reno14 series, OPPO India has also launched the OPPO Pad SE -an ultra-durable, budget-friendly tablet built to bring the best in everyday entertainment, family fun, on-the-go learning, and creativity.

      The OPPO Pad SE delivers exceptional endurance with its massive 9,340mAh battery capacity with 33W SUPERVOOC™ fast charging—providing up to 11 hours of continuous video playback—perfect for extended study sessions, long-distance travel, or family entertainment. It features a large 11-inch LCD Eye-Care Display with an optimal 16:10 aspect ratio and brightness levels reaching up to 500 nits.

      The OPPO Pad SE has earned dual TÜV Rheinland certifications for Low Blue Light and Flicker-Free performance. With a sleek 7.39mm-thick body, the OPPO Pad SE comes in two stylish colour options: Starlight Silver and Twilight Blue.

      Price and Availability The Reno14 Pro 5G will be available for purchase starting tomorrow, priced at ₹49,999 for the 12GB + 256GB variant and ₹54,999 for the 12GB + 512GB variant. The Reno14 5G will be offered at ₹37,999 for the 8GB + 128GB model, ₹39,999 for the 12GB + 256GB model, and ₹42,999 for the 12GB + 512GB variant.

      The OPPO Pad SE will be available for purchase starting 12th July 2025, 12AM on Flipkart, OPPO Online Store and Selected OPPO Brand Store at: ₹ 13,999 for the 4GB + 128GB WiFi variant , ₹ 15,999 for the 6GB + 128GB LTE, and ₹ 16,999 for the 8GB + 128GB LTE.

      Exclusive Offers • Bring home the Reno14 Series with No Cost EMI options for up to 6 months.

      • Make Reno14 Series yours starting at just ₹2111/month with flexible EMI plans.

      • Get 10% Instant cashback up to ₹5K on transaction amount for Credit Card EMI and ₹3.5K on Credit Card Non-EMI with selected Bank Partners.

      • Avail zero down payment schemes for up to 10 months from all leading financiers • Avail up to ₹5K Exchange Bonus with leading Trade in Partners • Enjoy 3 months of Google One 2TB Cloud + Gemini Advanced worth ₹5,200.

      • Get 6 months of free premium access to 10 OTT apps with Jio ₹1199 prepaid plan.

      • Get 180 Days Additional Warranty and Screen Damage Protection at no extra cost.

      *Terms and Conditions apply 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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