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    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
    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
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    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
    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
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    Foreign exchange stability measures support the rupee as policy continuity, capital inflows and global risk sentiment shape currency expectations.
    Foreign exchange market movement reflected a rupee appreciation against the US dollar following the monetary policy decision to retain the repo rate and neutral stance. Market sentiment was supported by softer crude oil prices, weakness in the US dollar, lower US Treasury yields and foreign equity inflows. The monetary policy framework sought to support capital inflows and maintain an orderly rupee trajectory, with geopolitical developments and US economic data remaining relevant to near-term exchange-rate expectations.
    August 5, 2026
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    Money-laundering investigation examines alleged proceeds from chit fund operations following searches linked to a former company managing director.
    A money-laundering investigation concerns alleged proceeds of crime arising from a multi-state chit fund operation associated with Welfare Building and Estates Pvt Ltd. The company is alleged to have collected investor deposits through investment schemes promising high returns before defaulting. Searches at premises linked to its former managing director form part of the inquiry into alleged laundering. The underlying alleged fraud had previously resulted in a CBI case and multiple police FIRs.
    August 5, 2026
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    Political restraint in public communications was urged, alongside adherence to principal-speaker protocol during press conferences and media interactions.
    Political restraint in public communications was urged after a social-media remark directed at Sunetra Pawar was criticised as ideologically irresponsible. It was stated that regret alone was insufficient and that leaders should exercise care in public comments. Press-conference protocol was also emphasised: the principal dignitary should respond to media questions, and those seated alongside should not participate in the interaction. Party colleagues were expected to act more responsibly in future media engagements.
    August 5, 2026
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    Neutral monetary policy stance continues as inflation clarity is awaited, alongside cooperative banking and lending-rate transparency measures.
    Monetary policy maintained the benchmark policy repo rate and a neutral stance pending clearer evidence that energy-cost pressures will generate broad-based inflation. Inflation is expected to rise temporarily due principally to food and fuel prices before moderating, while core inflation remains benign. The approach remains data-dependent, supported by two-way liquidity operations. Proposed measures include resuming urban cooperative bank licensing, revising rural cooperative bank credit-monitoring directions, and harmonising interest-rate regulation on advances across regulated entities to improve transparency and consumer protection.
    August 5, 2026
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    Repo rate stability preserves the policy stance amid lower inflation projections, stronger growth expectations and external-sector resilience.
    Monetary policy maintained the repo rate at 5.25 per cent following a unanimous policy committee decision. The growth forecast for FY27 was marginally increased, while the inflation projection was lowered. Inflation conditions remain uncertain because of monsoon, El Nino and geopolitical developments. Liquidity remained in surplus, and external-sector indicators reflected a current-account surplus, buoyant foreign direct investment inflows, renewed foreign portfolio investment inflows, and adequate foreign-exchange reserves.
    August 5, 2026
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    Polymer currency notes target improved durability as monetary policy remains data-dependent and rupee management pursues an orderly trajectory.
    Polymer currency notes are targeted for circulation at the beginning of the next financial year, subject to implementation proceeding as planned. They are intended to improve durability, especially for lower-denomination notes with high circulation velocity. Monetary policy decisions will remain data-dependent and focused on aligning headline inflation with its medium-term target. Foreign Currency Non-Resident (Bank) scheme inflows are expected to remain healthy until closure, with no proposal for premature termination. Rupee management aims to maintain an orderly exchange-rate trajectory.
    August 5, 2026
    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.
    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
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    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.

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      Final Countdown to InfoComm India 2025: Sneak Peek into Advanced AI-driven Solutions, Immersive Demos and 'Hidden Gems'

      September 4, 2025

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      India’s premier Professional Audiovisual event offers last chance to register before it prepares to welcome thousands. The show reinforces its importance as the nation leads as the fastest-growing Pro AV market in APAC Mumbai, Maharashtra, India (NewsVoir) The final countdown has begun for InfoComm India 2025, the nation's definitive tradeshow for Professional Audiovisual (Pro AV) and integrated experiences. Opening its doors from 9-11 September at the Jio World Convention Centre, Mumbai, the event is set to be a landmark edition, featuring a packed show floor spread across four halls, an insightful summit program, and a sharp focus on the real-world integration of Artificial Intelligence in the AV ecosystem. The 2025 exhibition will host an expansive showcase of 200 leading companies from 11 countries, making it a critical destination for sourcing next-generation technology. Attendees will have the first look at over 130 new product launches, with the range of innovation further expanded by 39 first-time exhibitors. This growth is exemplified by Jasmine Hall on Level 3, which has tripled in scale, featuring more than 40 exhibitors, making it a must-visit area. Key exhibitors include ET, Beenext, BXB, Drita, Extron, Hubris, Infonics, Silicon Radio House, Televic, Qizar and more. "India's Pro AV market is not just growing; it's innovating at an incredible pace, and InfoComm India is at the very heart of this transformation," said June Ko, Executive Director of InfoCommAsia. "This year, we are placing a major emphasis on AI readiness and practical, hands-on learning. From the show floor to the summit, attendees will discover tangible solutions and actionable strategies to navigate the next wave of technological advancement." AI Takes Center Stage on the Show Floor This year's exhibition will be a hotbed of AI-powered innovation. Attendees will get a firsthand look at next-generation solutions designed to create smarter, more efficient, and more engaging experiences. Key AI-driven products on showcase include: • BOSCH (D20): Demonstrating the IX Series DSP Amplifiers with an integrated TaskEngine for smart automation and intelligent zone control in complex AV environments. • DVSI (C33): Featuring AI:EX, an on-premise AV management system using AI for predictive support, NLP-based control, and intelligent troubleshooting. • IACTIVE TECHNOLOGY (K33): Unveiling the IActive W Pro Series, an all-in-one interactive flat panel with built-in AI for real-time feedback and task automation. • KORBYT (TE07): Presenting an AI Suite for Digital Signage that enables AI-driven content personalization and intelligent scheduling. • MODERN STAGE SERVICE (K20): Launching AI video generation solution that converts ideas and scripts into high-impact videos for advertisements, storytelling, and education, enabling users to create visually stunning, cost-effective, and personalized content at scale. • QIZAR SOLUTIONS (TH17): Displaying AIDA – camera equipped with 12G-SDI, a full bandwidth NDI®, Genlock, and AI auto-tracking to streamline workflow with superior versatility and professional results. • X-TEN AV (L26): Presenting XAVIA – AV industry’s first AI agent that streamlines workflow, automating designs, BOMs, proposals, reports, and project management for greater accuracy and efficiency. • WILDCARD TECHNO SERVICES (TD01): Presenting Yealink MeetingBar A40 – a compact video bar with AI audio, Intelli-Focus camera and touchscreen for seamless meetings. Other exhibitors with market-ready AI-driven solutions include Lumens Digital Optics Inc. (F20), Technoclass Edtech (TG10), Datavideo Technologies (CC01), Sennheiser (F10), and Stapes India (TE17). Explore even more solutions and exhibitors here. A Vibrant Show Floor: Hotbed of Innovation InfoComm India 2025 will serve as a launch pad for over 130 new-to-market solutions. Highlights from the show floor include: • BARCO (E20): Launching its ClickShare Hub: one of the first modular video conferencing room systems built on Microsoft Device Ecosystem Platform, enabling AI-assisted meeting experiences. • DATAVIDEO TECHNOLOGIES (CC01): Presenting the all-new 4K auto tracking PTZ camera with AI tracking, and its Auto Podcast solution. • LUMENS (F20): Unveiling its brand new VoiceConnect solution that features built-in voice detection, allowing auto-framing of active presenter, highlighting active speaker and intelligently follow conversations between multiple guests. • SENSES ELECTRONICS (G35): Debuting their 4K smart panel SenseTeam, with AI-enhanced camera and microphone, PIR sensor and secure NFC reader. Go Beyond the Booth: Immersive Demos, Workshops & Networking This year, InfoComm India is rolling out new experiences and initiatives: • Dedicated Demo Rooms: For the first time at InfoComm India, leading brands including HARMAN, JABRA, and SILICON RADIO HOUSE will host dedicated rooms on level 1 of JWCC for in-depth solution demonstrations. • AVIXA Xchange Live: For the first time in India, the thriving AVIXA Xchange online community comes to life on the show floor. This dedicated hub will host engaging discussions and in-person connections for groups including the AVIXA Women’s Council in Asia, Rising Professionals, AV Marketers, and the AV/IT Community. • Practical AVoIP Skills Workshop: On Day 3 (11 Sept), professionals can gain practical expertise in the "Mastering AV Networking" session. This expert-led training provides hands-on experience in configuring and implementing essential AVoIP protocols. • First-ever AVIXA CTS® Training in India: Demonstrating huge industry demand, AVIXA's in-person CTS® (Certified Technology Specialist™) preparation course, held for the first time in India from 7-9 September, is fully booked, offering a sold-out class a direct pathway to certification just before the show. The Summit is set to feature a lineup of more than 50 distinguished industry experts and thought leaders from across India and the globe, spread across over 60 dynamic sessions. This year, the spotlight is on AI – how it integrates into AV workflows, and how professionals can apply it meaningfully across various environments, including enterprise, education, government, and media. The show kicks off on 9 Sept, at 10.30 am with “Reimagining Boundaries: The Future of Business & Technology in 2030,” a high-powered panel discussion offering a glimpse into the transformative trends that will redefine industries. The InfoComm India Summit is free to attend for all registered visitors, except for select training sessions and workshops, which require a fee. The complete Show Program and Schedule are available here. Discover the "Hidden Gems" As a final call to visitors, the show encourages everyone to explore the unique networking and learning opportunities that make InfoComm India an unmissable event: • Regional AV Roundtable & Mixer: Taking place on 10 Sept, this is an exclusive, high-value networking event where system integrators, manufacturers, and solution providers converge to explore emerging trends and opportunities. • Sector-Focused Show Floor Tour: Happening on 10 Sept, at 11 am, this expert-led tour focuses on Smart Workplaces & Smart Classrooms. This is designed to help buyers find the specific solutions specific for creating intelligent and responsive ecosystems in workspaces and learning environments. • Welcome Networking Event: Co-organized with AVIXA, this session provides a dynamic platform for connecting with AV professionals and tech decision-makers from across industries. Plan Your Visit: Final Call for Registration Professionals and technology end-users are encouraged to register in advance to ensure seamless entry. Visitor registration is complimentary. Secure your show badge here. For complete show information, visit our website here. About InfoComm Asia Pte Ltd. InfoCommAsia Pte Ltd. extends its influence through three marquee shows: InfoComm Asia; InfoComm China, Beijing; and InfoComm India. Each show features an exhibition that showcases the world’s most cutting-edge and in-demand professional audiovisual and integrated experience technology solutions and a summit that presents learning opportunities. The shows bring together professional audiovisual industry players and top-level decision-makers from across different markets to tap into the vast potential presented by pro AV solutions. For more information, visit: infocomm-asia.com | infocomm-china.com | infocomm-india.com. (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI

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