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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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    Show All SummariesHide All Summaries
    August 5, 2026
    Show AI Summary
    Services-sector growth slowed as weaker demand, competition and postponed orders moderated business activity, while employment improved modestly.
    Services-sector growth slowed as domestic and export orders moderated amid weaker demand, competitive pressures, softer market conditions and postponed orders. Output continued to expand, but at its weakest pace in more than four years. Employment growth improved modestly, while input costs rose and firms increased selling prices. Business confidence remained positive but declined, and the composite output indicator weakened due principally to the sharp slowdown in services activity.
    August 5, 2026
    Show AI Summary
    Interim bail conditions require residence outside the state and trial attendance in alleged manpower commission corruption proceedings.
    Interim bail was granted to Anwar Dhebar in a matter involving alleged corruption and an illegal commission mechanism linked to a state marketing corporation. Conditions require him to remain outside Chhattisgarh, attend the trial court, and provide his residential address. The allegations concern manpower supply agencies allegedly being compelled to pay commissions for clearance of legitimate bills, with proceeds routed through intermediaries. The case was registered under the Indian Penal Code and the Prevention of Corruption Act.
    August 5, 2026
    Show AI Summary
    Tax certainty measures revise fund-management safe harbours, electronic-payment charges, sectoral exemptions, business-trust treatment, and excess expenditure appropriation.
    The Taxation and Other Laws (Amendment) Bill, 2026 proposes to replace the Income-tax (Amendment) Ordinance, 2026 and amend payment-system and tax laws. It would prohibit charges on notified electronic payments, revise safe-harbour conditions for eligible investment funds and fund managers, and expand tax exemptions for Government securities, qualifying rough-diamond sales and bonded-warehouse component storage. It also modifies exemptions concerning electronic-goods contract manufacturing, data centres and business-trust dividends, while imposing a differentiated surcharge on qualifying special purpose vehicles. A separately included appropriation bill authorises excess expenditure from the Consolidated Fund of India.
    August 5, 2026
    Show AI Summary
    Growth and inflation projections reflect resilient domestic activity while energy volatility, supply disruptions, and food prices sustain inflation risks.
    Monetary policy projections for fiscal 2026-27 revise real GDP growth upward to 6.7 per cent and Consumer Price Index inflation downward to 5 per cent. Domestic activity is described as resilient amid global uncertainty, but inflationary risks persist from rainfall disruption, energy-price volatility, supply-chain uncertainty, and second-round effects of higher food, fuel and input costs. Core inflation is projected at 4.3 per cent for the fiscal year.
    August 5, 2026
    Show AI Summary
    Industry collaboration strengthens MSME competitiveness through shared resources, market linkages, capability building and inclusive support for women entrepreneurs.
    MSME development is linked to collaboration, knowledge-sharing, institutional support and capability building. Industry associations can provide networking, policy advocacy, business intelligence, skills programmes, shared infrastructure and market linkages, while collective procurement, shared logistics, digital commerce and export readiness may improve competitiveness. Women-led enterprises benefit from market-oriented capability development, mentorship, continuous learning, professional networks, capacity-building programmes and institutional support. The Development of Industry Associations initiative is intended to connect associations and facilitate the sharing of best practices.
    August 5, 2026
    Show AI Summary
    Monetary policy rate maintenance continues under a neutral stance amid energy disruption, inflation concerns and sustained currency depreciation.
    Monetary policy rate maintenance was continued with the repo rate retained at 5.25 per cent under a neutral stance amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The growth forecast was marginally increased and the inflation projection reduced. Sustained rupee depreciation against the dollar was attributed to costly oil, capital outflows, widening trade deficits and a strong US dollar.
    August 5, 2026
    Show AI Summary
    Monetary policy rate pause maintains a neutral stance amid energy disruption, inflation concerns and sustained rupee depreciation pressures.
    Monetary policy rates were retained without change for a third consecutive review, with a neutral stance maintained amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The policy assessment noted retail inflation above the medium-term target, alongside an upward revision to growth expectations and a downward revision to the inflation projection. Continued rupee depreciation was linked to higher oil prices, capital outflows, widening trade deficits and a stronger US dollar.
    August 5, 2026
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    Monetary policy expectations shape equity sentiment as softer crude prices and foreign investment support domestic financial assets.
    Equity market sentiment improved in early trading as lower crude oil prices and foreign fund inflows supported benchmark indices, while investors awaited the monetary policy decision. Softer crude prices, rupee recovery, improving global risk sentiment, resilient economic growth, corporate earnings and sustained foreign portfolio investment supported domestic financial assets, despite continuing global and geopolitical uncertainties.
    August 5, 2026
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    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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      HIGHLIGHTS AT 9.20 PM

      July 15, 2025

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      New Delhi, Jul 15 (PTI) Following are the top stories at 9.20 pm: TOP STORIES DEL75 SPACE-LD AXIOM

      Shubhanshu Shukla returns to Earth, sets tone for India's human spaceflight New Delhi: With waves and smiles, Shubhanshu Shukla returned to Earth on Tuesday after an 18-day stay on the International Space Station, a feat that holds the promise to herald India's own human spaceflight ambitions.

      DEL92 YEMEN-INDIAN-2NDLD NURSE

      Nimisha Priya's execution in Yemen postponed New Delhi: The execution of Nimisha Priya, an Indian nurse on death row in Yemen, has been postponed by Yemeni authorities, government sources said on Tuesday.

      FGN54 SCO-JAISHANKAR-LD TERRORISM

      SCO must take 'uncompromising' position on combating terrorism: EAM Jaishankar Tianjin: The Shanghai Cooperation Organisation (SCO) needs to remain true to its founding objective of combating terrorism and extremism and take an "uncompromising" position on combating the challenges, External Affairs Minister S Jaishankar said at a conclave of the grouping on Tuesday while strongly justifying India's response to the Pahalgam terror attack.

      NATION CAL32 OD-LD ALL STUDENT

      Odisha college student who set herself afire over harassment dies, sparks outrage Bhubaneswar/Balasore: The 20-year-old Odisha college student who set herself ablaze over an alleged sexual harassment by a professor died, triggering nationwide outrage.

      DEL100 UGC-LD OD STUDENT-IMMOLATION

      Odisha student's self-immolation on college campus: UGC sets up 4-member panel New Delhi: The University Grants Commission (UGC) has set up a four-member fact-finding panel to look into the incident of self-immolation by a girl student on college campus in Odisha's Balasore, officials said on Tuesday.

      DEL95 CONG-OD-2NDLD STUDENT

      Odisha college student's death: Rahul says country wants answers, not PM's silence New Delhi: The Congress hit out at the BJP on Tuesday after an Odisha college student who set herself ablaze following alleged sexual harassment by a professor died, with former party chief Rahul Gandhi saying the country wants answers and not Prime Minister Narendra Modi's "silence".

      DEL97 JK LD CM-LG

      Don't mistake politeness for weakness: Abdullah on 'manhandling'; says LG should fix responsibility for Pahalgam massacre Srinagar: Jammu and Kashmir Chief Minister Omar Abdullah on Tuesday issued a stern warning against misinterpreting his administration's "politeness as weakness", remarks which came a day after he was allegedly "manhandled" by police while he tried to pay tributes to the 22 people killed by the Dogra army in 1931.

      DEL77 LD FAUJA SINGH

      Hunt on for driver who ran over Fauja Singh; leaders across parties condole death Chandigarh: The hunt was on for the driver who ran over and killed the world’s oldest marathoner Fauja Singh while he was walking down a village road in Punjab's Jalandhar district, police said on Tuesday.

      DEL35 CONG-LD SINOINDIA

      EAM running 'full blown circus' to destroy India's foreign policy: Rahul after Jaishankar-Xi meet New Delhi: The Congress on Tuesday hoped that Prime Minister Narendra Modi will "finally agree" to a discussion on China in the forthcoming Monsoon session of Parliament, and said that when Parliament could debate the border situation during the 1962 Chinese invasion then why not now.

      MDS19 TL-CPI LEADER-3RD LD SHOT DEAD

      CPI leader shot dead by unidentified persons in Hyderabad Hyderabad: A Telangana CPI leader was killed on the spot on Tuesday after unidentified assailants opened fire on him during his morning walk at Malakpet here, police said.

      BUSINESS DEL71 BIZ-2NDLD TESLA

      Tesla drives into India via import route with Model Y price starting at Rs 59.89 lakh Mumbai: Global EV giant Tesla on Tuesday made its much-awaited entry into India, launching its Model Y with price starting at Rs 59.89 lakh while opening its first experience centre here.

      LEGAL BOM29 MH-COURT-PORSCHE-2ND LD JUVENILE

      Porsche case accused to be tried as minor; Juvenile Justice Board rejects police plea Pune: The Juvenile Justice Board on Tuesday rejected the Pune city police’s application seeking that the 17-year-old boy accused in the Porsche car crash be tried as an adult for the trial in the case.

      LGD40 SC-ACQUITTAL-DNA

      SC acquits man on death row, issues nationwide guidelines on DNA evidence handling New Delhi: The Supreme Court on Tuesday acquitted a man on death row in a murder case, outlining the gaps in forensic evidence and issued countrywide directions on handling of DNA samples.

      LGD38 DL-COURT-RANA

      26/11 Mumbai attack: Delhi court grants NIA time to respond to Tahawwur Rana's plea New Delhi: A Delhi court on Tuesday granted time to the National Investigating Agency (NIA) on a plea filed by 26/11 Mumbai terror attack accused Tahawwur Hussain Rana seeking regular telephonic conversations with his family.

      LGD34 SC-FUNDAMENTAL RIGHTS-PRISONERS

      Prisoners not getting costly food doesn't violate fundamental rights: SC New Delhi: The Supreme Court on Tuesday said prisoners, including disabled ones, not being provided "preferred or costly food items" in jails was not a violation of fundamental rights.

      LGD27 SC-LD INFLUENCERS

      Samay Raina, other influencers appear in SC over remarks 'ridiculing' disabled New Delhi: Five social media influencers, including "India's Got Latent" host Samay Raina, on Tuesday appeared before the Supreme Court in a case seeking action against them for ridiculing persons suffering from disabilities.

      LGD22 SC-CARTOONIST-2NDLD BAIL

      'Objectionable' cartoons on PM, RSS: SC grants protection to cartoonist New Delhi: The Supreme Court on Tuesday granted protection from coercive action to a cartoonist accused of sharing online objectionable content on Prime Minister Narendra Modi and RSS workers.

      FOREIGN FGN46 PAK-CHINA-LD DAR

      Pak Foreign Minister Dar meets Chinese President Xi; reaffirms commitment to strengthen bilateral ties Lahore/Beijing: Pakistan's Foreign Minister Ishaq Dar on Tuesday reaffirmed Islamabad's commitment to deepening its "enduring friendship" with China and advancing shared regional goals as he called on Chinese President Xi Jinping along with other Foreign Ministers of the SCO member states in Beijing. By M Zulqernain and K J M Varma

      FGN45 PAK-RAINS

      5 more killed in Pak due to torrential rains, toll reaches 116 Islamabad: Five more people were killed in Pakistan due to torrential rains, with the death toll reaching 116, according to the country’s top disaster-control body on Tuesday. By Sajjad Hussain

      FGN44 UN-INDIA-IMMUNISATION

      India accounts for 6.4% of global zero-dose children in 2024: UN United Nations: India constituted 6.4 per cent of the global population of children who did not receive a single dose of any vaccine in 2024, according to a United Nations report. By Yoshita Singh

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