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    DRI busts illegal drug manufacturing unit in Satara district in Maharashtra; two arrested
    CCI approves proposed combination inter alia involving share acquisition(s) and merger of certain entities e.g. AAPC India, Triguna, Caddie, SMPL, Tec...
    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
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    August 6, 2026
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    Illicit psychotropic drug manufacture triggered seizure, apprehensions, and investigation into planned trafficking under narcotics control law.
    Illicit manufacture and trafficking of Alprazolam and Diazepam, psychotropic substances regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985, were detected at a clandestine facility. Searches recovered finished and intermediary substances, together with raw materials and reaction mixtures used in manufacture, and the goods were seized under the Act. The manufacturer and an intended buyer were apprehended, with material indicating a proposed transaction for further illicit trafficking. Preliminary investigation indicated prior involvement in illegal drug production and trafficking.
    August 6, 2026
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    Competition approval for hotel-sector consolidation covers share acquisitions and merger of Accor-branded hotel entities into InterGlobe Hotels.
    Competition approval was granted for related share acquisitions and the merger of AAPC India, Caddie, Triguna, Srilanand Mansions, Techpark and Accent into InterGlobe Hotels. The combination involves entities jointly controlled by the Bhatia Family Group and the Accor Group, including hotel-owning and developing entities, hotel management and franchising operations, leasing activities, and captive consultancy and support services relating to Accor-branded hotels in India.
    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
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    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
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    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
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    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
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    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
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    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
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    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
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    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.

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      Tata CLiQ’s Moments that CLiQ Sale across fashion, luxury and beauty is set to begin the celebrations for the festive season

      July 23, 2025

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      Mumbai, Maharashtra, India – Business Wire India • Starting July 24, browse and shop from leading global and Indian brands across fashion, luxury, and beauty and avail offers • Don't miss out on the early access starting on July 23 It's time to browse, shop and splurge, because the season’s most awaited sale is here! Whether you're refreshing your wardrobe or restocking your favourite beauty essentials, there's no better time to indulge as you gear up for the festive season. Tata CLiQ, the omnichannel e-commerce platform, is hosting the ‘Moments that CLiQ Sale’ across Tata CLiQ Fashion, Tata CLiQ Luxury, and Tata CLiQ Palette, starting from July 24 to August 10, 2025. Featuring irresistible offers across categories like apparel, accessories, beauty, eyewear, footwear, home, jewellery, watches, and more, the sale invites shoppers to explore and shop the latest collections from leading fashion, luxury, and beauty brands, all while enjoying significant savings.

      Sumit Puri, Vice President – Marketing, Tata CLiQ, said, “We are thrilled to offer a thoughtful selection of products across a wide range of categories on Tata CLiQ Fashion, Tata CLiQ Luxury, and Tata CLiQ Palette, at never before prices. With the festive season around the corner, it brings joyful reunions with loved ones, which become an ideal occasion for one to shop for sparkle-ready styles and embrace the soft glam moments. We anticipate strong growth compared to last year’s sale event, with categories like apparel, accessories, beauty, and watches expected to attract a strong consumer interest given the season. We look forward to making this a rewarding shopping experience for our customers as they kick-start their festive celebrations.” On Tata CLiQ Fashion, enjoy up to 30-85% off on brands across fashion and lifestyle, along with benefits such as additional coupons, cashback, and bank offers.

      Refresh your look this season, as menswear brands like Arrow, Linen Club, Louis Philippe, Rare Rabbit, Spykar, and U.S. Polo Assn. are a minimum of 30% off, and womenswear brands like Cover Story, Biba, Forever New, Libas, Rareism, Vero Moda, and W are up to 30-70% off. Additionally, GAP is now live on the platform. Shoppers can avail up to 50% off on GAP menswear, womenswear, and kidswear. Enjoy up to 40-50% off on footwear brands like Adidas, Asics, Crocs, Metro, Mochi, Puma, Red Tape, and Skechers.

      Wristwear from brands like Casio, Fossil, Titan, and Timex have offers one can't resist. The platform also has exclusive products and offers on timepieces from French Connection. In the handbags category, Accessorize London, Aldo, Hidesign, and Guess will be up to 30-40% off. Jewellery brands like GIVA, Mia by Tanishq, and P.N. Gadgil have dazzling offers. Complete your ensemble with trendy eyewear from Carrera, Lenskart, Oakley, Ray-Ban, and Vincent Chase that are available at unbeatable prices. The home category is up to 30-80% off on brands like Corelle, D’décor, Durian, Homesake, Nautica Home, and Wonderchef.

      Sturdy and stylish luggage from brands like American Tourister, Skybags, Tommy Hilfiger, United Colors of Benetton, VIP, and Wildcraft are up to 30-70% off. If you are looking at upgrading your gadgets, this is the best time, as brands like Apple, BOAT, OnePlus, and Samsung have offers one can’t miss.

      With up to 60% off, Tata CLiQ Palette offers the best of beauty at attractive prices, along with benefits like additional coupons and bank offers to help one glam up for the season. Make-up brands like Lakme, Maybelline, Shopaarel, and Sugar Cosmetics are up to 50% off. Nourish your hair and skin this monsoon as haircare brands like L’Oreal Paris, Schwarzkopf Professional, and Wella Professionals are up to 25-45% off, and skincare staples from brands like Cosrx and The Body Shop are up to 30-40% off. Discover signature scents from brands like Ajmal and Skinn by Titan, which are up to 65% off.

      Elevate your beauty ritual with offers in the luxury section. Make-up essentials from brands like Anastasia Beverly Hills, Dyson, De Fabulous, and OUAI are up to 10-40% off, and one can avail a flat 10% off on Clinique and M.A.C, along with complimentary gifts. Consumers can now access Tata CLiQ Palette on the Tata CLiQ Fashion app.

      Tata CLiQ Luxury, India’s premier luxury lifestyle platform, invites its esteemed shoppers to avail up to 50% off on leading global and Indian premier and luxury brands.

      From wardrobe classics to seasonal must-haves, menswear brands like Calvin Klein Jeans, Lacoste, Gant, and True Religion are up to 20-60% off, with additional exclusive offers. Womenswear labels including Forever New, Guess, Karen Millen, MAC Duggal, and Sister Jane, along with lingerie brands like Calvin Klein Underwear and La Vie en Rose, are also up to 20-60% off. Put your best foot forward with up to 20-50% off on footwear brands like adidas Originals, Aldo, Geox, and New Balance. Boss Kids, Gant Kids, Karl Lagerfeld Kids, Lacoste, and Tommy Hilfiger in the kids category has unmissable offers. In the Indiluxe section, renowned labels like Da Milano, Masaba, Ritu Kumar, Rosso Brunello, S&N by Shantnu Nikhil, and others have attractive offers.

      Celebrate timeless style with up to 10-50% off on timepieces from Earnshaw, Maserati, Michael Kors, and Seiko. Chopard, Prada, Tom Ford, and Versace in the eyewear category have special offers. In the accessories section, Aldo, Aspinal of London, Charles & Keith, GUESS, and Mulberry are up to 40-50% off. Add a touch of sophistication to elevate any look with jewellery from Swarovski and Ted Baker, which have standout offers. Enjoy incredible savings on home brands like Ecovacs, Le Creuset, Smeg and Spread Spain.

      Avail up to 45% off on fragrances from Armani, Chopard, Jean Paul Gaultier, and Yves Saint Laurent, plus get gifts with purchases from brands like Jo Malone London and Tom Ford. Indulge in beauty favourites from brands like Bobbie Brown, Estée Lauder and Olaplex with a flat 10% off, along with complimentary gifts on purchase. In addition, Dyson is up to INR 14000 off, and haircare brands like Milkshake and Moroccanoil also have exciting offers with complimentary gifts.

      Tata CLiQ Fashion and Tata CLiQ Luxury are offering a 15% instant discount on ICICI Bank credit cards and RBL credit cards. The ICICI Bank credit card offer runs from July 24 to August 10, 2025, while the RBL credit card offer is available from July 24 to 31, 2025, subject to T&C.

      Shop here – https://www.tatacliq.com/ https://luxury.tatacliq.com/ To View the Image, Click on the Link Below: Moments that CLiQ Sale on Tata CLiQ Fashion, Tata CLiQ Luxury, and Tata CLiQ Palette (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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