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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
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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
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    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
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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
    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
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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.

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      Dr. D. Y. Patil Medical College Hosts First West Zone and Maharashtra State Conference on Adolescent Health – ADOLESCON 2025

      August 12, 2025

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      Pune, Maharashtra, India (NewsVoir) Department of Paediatrics at Dr. D. Y. Patil Medical College, Hospital & Research Centre, Pimpri, Pune, in association with the Maharashtra Adolescent Health Academy (MAHA-AHA), successfully hosted the First West Zone and First Maharashtra State Conference on Adolescent Health, titled ADOLESCON 2025. With the theme “Empowering Adolescents: Transforming Futures,” the two-day event witnessed participation from over 500 attendees (256 in person and 261 online), including health experts, educators, parents and PG students, for multi-disciplinary discussions on adolescent health and development.

      The conference opened with a Youth Workshop, inaugurated by Dr. A. Rekha (Dean, Dr. D. Y. Patil Medical College, Hospital & Research Centre, Pimpri, Pune), who was felicitated as the Chief Guest. Other dignitaries including Dr. Jayant Pandharikar (EB, West Zone, Central IAP) and Dr. Shailaja Mane (Professor and HOD of Paediatrics, Dr. D. Y. Patil Medical College, Hospital & Research Centre, Pimpri, Pune) shared insights on the importance of adolescent-focused healthcare. The first day featured several impactful programs. A special paediatric workshop for postgraduate students from Paediatric provided academic and clinical exposure in adolescent health. A School Health Program, coordinated by Dr. Shradha Salunkhe, was conducted at Global International School, engaging over 150 students in sessions on mental well-being, social media behaviour, and decision-making.

      Another key initiative was Empower Yuva, a session led by Dr. Sangeeta Lodha, which addressed key aspects of youth wellness, including physical, digital, sexual, and psychosocial health. The program was interactive and focused on empowering adolescents with tools for better self-awareness and resilience. Simultaneously, a session titled “Parenteening: for Parents of Teenagers” was conducted for parents, with a turnout of around 120–150 attendees, addressing practical parenting strategies and enhancing parent-adolescent communication. The event was led by Dr. Jayant Pandarekar.

      The Youth Workshop included over 40 expert-led sessions, conducted in hybrid mode, covering essential topics such as psychosocial development, identity formation, hormonal changes and behavioural concerns like delayed puberty and peer influence. Speakers such as Dr. Mahesh Sulakshane, Dr. Vinita Pande and Dr. Kiran Vaswani focused on mental health, suicide prevention, reproductive health and adolescent violence etc.

      Discussions on Nutrition and Lifestyle were led by Dr. Shailaja Mane and Dr. Swati Waghmare who emphasized healthy habits, exercise and adequate sleep. A dedicated session on Adolescent Healthcare Delivery addressed communication, confidentiality and behaviour change strategies, with insights from Dr. Nishikant Kowal, Dr. Beena Desai and Dr. Anita Mangla. Vulnerable groups were also addressed in sessions on adolescents with special needs, substance abuse, and peer pressure, led by experts such as Dr. Hemant Joshi and Dr. Bal Krishna Garud.

      Hands-on learning continued with a Clinical Skills and Case-Based Learning module that showcased examination techniques and real-life case discussions on conditions like PCOS, presented by Dr. Abhijit Aphale and Dr. Satish Visnoi. One of the most engaging segments of Day 1 was the Panelyashod Discussion and Public Forum, moderated by Dr. Jayant Pandharipkar, which facilitated open dialogue between parents, adolescents, and healthcare professionals, focusing on issues such as mobile addiction, peer pressure and digital influence on youth behaviour.

      The second day featured the Scientific Conference, where a series of focused sessions brought together diverse medical professionals, mental health experts and adolescent advocates. Critical topics such as anxiety, depression, body image issues and suicide prevention were discussed in depth by speakers like Dr. Vaishali Deshmukh, Dr. Paula Goel, and Dr. Shamik Ghosh.

      A notable session titled “Gen Z: Values and Views,” moderated by Dr. Nishikant Kowal and Dr. Geeta Patil, provided a platform for youth to voice their concerns and perspectives. Panellists included Dr. Sangeeta Lodha, Dr. Sampada Tumbolkar and Master Rohit Diwate, who shared insights into the evolving attitudes and behaviours of the new generation.

      Adding to the pride of the institution, Dr. D. Y. Patil Medical College, Hospital & Research Centre was recognized during the event for being honoured with the prestigious IBCLC Care Award 2025–2027 by the International Board of Lactation Consultant Examiners® (IBLCE®) and the International Lactation Consultant Association® (ILCA®), USA. The hospital is now the first and only hospital in India to receive this award for two consecutive terms, in recognition of its sustained excellence in lactation and breastfeeding support services.

      Hon’ble Dr. Bhagyashree P. Patil, Pro-Chancellor, Dr. D.Y. Patil Vidyapeeth (Deemed to be University), Pimpri, Pune, emphasized the importance of such outreach. She said, “Adolescents today are navigating complex emotional, social and digital environments. Through this school health programme, we are planting the seeds of awareness, resilience and responsibility in the young minds of our community. Such outreach is essential in shaping a healthier and more informed future generation.” Hon’ble Dr. Yashraj Patil, Trustee & Treasurer, Dr. D.Y. Patil Vidyapeeth (Deemed to be University), Pimpri, Pune, added, “We believe in empowering our youth through health education that goes beyond textbooks. This programme reaffirms our commitment to holistic learning and community engagement, ensuring that students are not just academically sound but also emotionally and socially aware.” Dr. Rekha Arcot, Dean of Dr. D. Y. Patil Medical College, Hospital & Research Centre, Pimpri, Pune, said, “The School Health Programme is a reflection of our proactive role in public health and adolescent care. Our expert faculty has done commendable work in connecting with students on relevant issues that impact their daily lives.” Dr. Shailaja Mane, Head of the Department of Paediatrics, Dr. D. Y. Patil Medical College, Hospital & Research Centre, Pimpri, Pune, stated, “Health awareness must begin early and in the right context. By combining medical expertise with sessions of Gen Z, youth forum by UNICEF and plenary session on noncommunicable diseases, we are actively contributing to the creation of a healthier youth population.” The conference concluded with a UNICEF plenary session and Youth Forum, which included a session on non-communicable diseases by Dr. Mrudula Phadke. The forum emphasized the importance of integrating Gen Z voices into public health policy and advocating for continued support, early intervention and inclusive programming for adolescent health.

      ADOLESCON 2025 marked a significant step forward in adolescent healthcare awareness and advocacy, reinforcing Dr. D. Y. Patil Medical College’s leadership in addressing the multidimensional needs of India’s youth.

      About Dr. D. Y. Patil Medical College, Hospital and Research Centre, Pimpri, Pune Dr. D. Y. Patil Medical College, Hospital &Research Centre, Pimpri, Pune follows international benchmarks that are performance-driven as well as patient-centric, strongly backed by evidence-based medical expertise. We are NABH and NABL accredited and have been certified as a Green Hospital by the Association of Healthcare Providers India (AHPI). Additionally, we hold the 11th rank in the National Institutional Ranking Framework (NIRF). The university has been awarded A++ status by the National Assessment and Accreditation Council (NAAC) and is an ISO 2015 certified organization (ISO 9001: 2015).

      For more information visit medical.dpu.edu.in • Facebook: Dr D Y Patil Medical College, Hospital and Research Centre • Instagram: dpu.medicalcollege (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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