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    Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
    Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026
    Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
    Monthly review of accounts of Government of India upto June 2026 (FY 2026-27)
    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
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    August 6, 2026
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    Neutral monetary policy stance continues as resilient growth and food-fuel inflation risks require close macroeconomic monitoring.
    The Monetary Policy Committee retained the policy repo rate and continued the neutral monetary policy stance, citing the need to assess evolving growth-inflation conditions. Domestic activity was assessed as resilient, supported by consumption, investment, credit, manufacturing, services and exports, although global uncertainty, energy prices, supply-chain pressures, geopolitical developments and monsoon conditions remain risks. CPI inflation increased mainly because of food and fuel pressures, while underlying inflation remained moderate. The Committee considered that price pressures were not yet generalised and reaffirmed its commitment to align inflation with the target.
    August 6, 2026
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    Closing auction price discovery and a neutral monetary policy stance shaped equity market conditions amid lower crude prices.
    The Closing Auction Session in the equity cash segment introduced an auction-based mechanism for determining closing prices of eligible shares with futures and options contracts, intended to make price discovery more transparent and robust. The Reserve Bank of India retained its neutral stance and left the benchmark policy rate unchanged, pending greater clarity on the inflationary effects of higher energy costs. Future policy decisions were stated to be data dependent.
    August 6, 2026
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    Monthly public accounts review records receipts, expenditure, tax devolution, interest payments, subsidies, and capital spending through June.
    Consolidated monthly accounts up to June 2026 report total receipts of Rs.10,49,243 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.2,63,336 crore. Total expenditure is Rs.13,57,076 crore, including revenue expenditure of Rs.10,16,818 crore and capital expenditure of Rs.3,40,258 crore. Revenue expenditure includes interest payments and major subsidies.
    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
    Show AI Summary
    Gold smuggling enforcement targets concealed foreign-origin gold, airport control evasion, and illicit railway transport under customs law.
    Gold smuggling enforcement operations under the Customs Act, 1962 involved alleged concealment and unlawful movement of foreign-origin gold. At an international airport, an alleged syndicate used an airline employee to transfer gold received from arriving passengers outside Customs and immigration controls, with gold disguised as silver-coloured bracelets. A separate railway operation concerned gold concealed in a specially made cloth waist belt and intended for delivery to a jeweller. The actions addressed concealment, evasion of Customs controls, and illicit transport of foreign-origin gold.
    August 5, 2026
    Show AI Summary
    Digital bank-record evidence gains a technology-neutral framework through expanded admissibility, certified authentication, and regulated production of bankers' books.
    The Bankers' Books Evidence Bill, 2026, modernises the evidentiary treatment of banking records by extending "bankers' books" to physical, electronic, digital, virtual and cloud-based records. It recognises electronic bank records as admissible evidence, allows production in physical or electronic form, and provides for standardised certificates authenticated by manual, digital or electronic signatures. The Bill also defines "special cause" for compelling bank officers to produce records or testify where the bank is not a party, and permits extension to specified financial-sector entities subject to conditions.
    August 5, 2026
    Show AI Summary
    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
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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.

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      TCL Introduces the TCL NXTPAPER 60 Ultra Smartphone, Combining Ultimate Eye-Comfort with Exceptional All-round Performance

      September 5, 2025

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      BERLIN, Sept. 4, 2025 /PRNewswire/ -- At IFA 2025, TCL reshapes the smartphone landscape with the launch of the TCL NXTPAPER 60 Ultra, the first smartphone with its latest revolutionary NXTPAPER 4.0 technology. Developed in collaboration with TCL CSOT, a global leader in display innovation, this smartphone embodies TCL's commitment to protecting user well-being. Enjoying a stunning 7.2-inch display, this industry's most comprehensive eye-care smartphone with multiple prestigious certifications from TÜV and SGS elevates eye comfort to a new horizon through its seven core eye-care technologies. Alongside enhanced AI-powered reading and writing experience and TCL's innovative self-developed MuseFilm imaging technology, this phone delivers unparalleled all-round flagship performance. In the era of the digital flood, the relentless screen exposure leads to chronic eye strain and focus drifts. As our eyes bear the brunt of this digital onslaught, driven by its unwavering commitment to make technology more human, TCL has long been dedicated to tackling this issue. The brand-new TCL NXTPAPER 60 Ultra is a testament to this mission, offering a groundbreaking eye-care solution that provides a sanctuary for eyes in the digital age. Its natural light display and immersive Max Ink Mode for effortless digital detox transforms screen time into calm, natural, and strain-free viewing experience. NXTPAPER 4.0: The Most Comprehensive Solution for Ultimate Eye Comfort and Peace of Mind Built on TCL's latest NXTPAPER 4.0 technology, this device is equipped with seven core eye-care technologies, including natural light display, zero flickering, blue light purification, reflection-free and anti-glare viewing, dim-light eye protection, circadian screen comfort, and TruePaper Restoration technology, bringing ultimate eye comfort and peace of mind to everyday use. Boasting the industry's first smartphone with natural light display and zero flicker, the new product provides a more refined, brighter and more natural display. With a massive 7.2-inch screen, this device leverages CPL (Circular Polarized Light) technology, where the light wave rotates in a circular motion to mimic natural light. In a way of preserving vivid visual details with professional-grade color accuracy (ΔE<1), it delivers a comfortable viewing experience as natural as looking at nature. Crafted to bring the essence of nature to your eyes, the display integrates multi-layer innovations, like anti-glare, reflection free, zero flicker, and blue light purification. NXTPAPER 4.0 also incorporates nano-matrix lithography technology, enabling a screen with exceptional clarity and vivid visuals. It offers users comfortable viewing akin to reading on a real paper and comfort comes naturally. The innovation extends beyond addressing major causes of eye strain to a holistic and human-centric solution. The SGS-certified dim-light eye protection detects the ambient light as soon as the screen is turned on and adjusts brightness to as low as 2 nits for effortless nighttime browsing. Circadian screen comfort subtly shifts brightness and color temperature in sync with your natural rhythm, maintaining vividness during the day and transitioning to warmer tones by night, creating a more natural viewing experience that adapts to your life anytime and anywhere, as soothing and authentic as nature itself. AI-Infused Reading & Writing: Improving Productivity and Unleashing Boundless Creativity Beyond delivering unparalleled visual comfort, the NXTPAPER 60 Ultra also provides ultimate reading and writing experience with its powerful AI capabilities. For writing, the device is equipped with T-Pen Magic, a low-latency, pressure-sensitive electromagnetic stylus, boasting the industry's first S+ level stylus experience certified by SGS. Combined with the TCL Note app that supports Mixed Input Formats, Easy Script, Memo Craft, and One Stroke to Form features, it delivers a paper-like writing experience that feels natural and intuitive, allowing for versatile creation anytime and anywhere. With AI-driven productivity tools, users can effortlessly access simultaneous interpretation, smart voice memos, summarization, rewriting—all with a single swipe, turning every moment into an opportunity for seamless creation and improved productivity. For reading, the upgraded Max Ink Mode, activated through NXTPAPER Key, offers an unmatched immersive and distraction-free reading experience for digital detox by blocking notifications. Users can explore rich book resources in six languages or import their own books to personalize the library. Equipping with AI-powered tools such as AI Outline, AI Q&A, AI Audiobook, and AI Podcast for better comprehension, NXTPAPER 60 Ultra transforms the way users engage with content. Competitive Periscopic Telephoto Meets Artistic MuseFilm Imaging Technology: Where Versatility Meets Art At its core, the device features a periscopic telephoto camera with full focal length shooting and impressive 50MP high imaging quality, allowing for diverse zoom levels, including 3x optical zoom and 6x lossless zoom, capturing beauty with intricate details both near and far with ease. Paired with dual OIS cameras and a main camera with 1μm big pixel size for exceptional motion capture and steady shots, the camera system delivers exceptional versatility. Notably, this device is the first in its price range to feature periscopic telephoto hardware. Complementing these advanced capabilities is its TCL-developed MuseFilm imaging technology, a breakthrough that revolutionizes smartphone photography by blending advanced camera performance with artistic expression. Unlike conventional smartphone cameras that simply record moments, MuseFilm transforms your phone into an art canvas. Every image feels cinematic, expressive, and meticulously composed. Reliable Flagship Performance for Everyday Excellence Beyond its eye-friendly display and cinematic imaging, the NXTPAPER 60 Ultra delivers absolutely all-round performance designed to help users stay on top of everyday demands. Powered by the latest MediaTek Dimensity 7400 chipset with 24GB RAM (12GB + 12GB RAM expansion), a massive storage of up to 512GB, and a 5200mAh battery with 33W fast charging, the NXTPAPER 60 Ultra ensures smooth multitasking and reliable all-day use without compromise. Built to handle the challenges of everyday life, the device is IP68 water and dust resistant, and works seamlessly with magnetic modular accessories. Technology for Good: NXTPAPER Phone for Junior With more and more children embracing phones at a young age, however, the harmful effects of prolonged screen time—from eye strain and cognitive overload to digital addiction—are now pressing issues that parents can no longer overlook. TCL steps forward with the TCL NXTPAPER 5G Junior, a dedicated smartphone for teenagers that combines NXTPAPER's industry-leading eye-care display with TCL-developed Digital Detox Mode for distraction-free viewing experience to let them see with comfort and grow with focus, while empowering teenagers to build healthy digital habits and engage deeply into learning. The exclusive parental guidance powered by Google Family Link ensures children's safety through pure content filter, real-time location tracking, and screen time and App control, giving children freedom to explore the digital world while giving parents peace of mind and full control. Together, these innovations reflect TCL's "Technology for Good" mission—creating devices that protect vision, nurture focus and help people of all ages enjoy healthier, more meaningful screen time. Pricing and Availability TCL NXTPAPER 60 Ultra (256GB ROM, with bundled accessories): RRP €499 TCL NXTPAPER 60 Ultra (512GB ROM, with bundled accessories): RRP €549 Availability: September 2025 in Europe & LATAM and APAC Optional accessories: MagFlip and T-Pen Magic. TCL NXTPAPER 5G Junior (256GB ROM, with default accessories): RRP €249 Availability: October 2025 in Europe Default accessories: 2 protective cases. Prices may vary by country. Figures calculated in the release are based on stringent internal testing procedures. For more information on TCL NXTPAPER 60 Ultra, please visit: https://www.tcl.com/global/en/mobile/tcl-nxtpaper-60-ultra To learn how NXTPAPER redefines eye comfort and explore the science behind this groundbreaking technology, please visit: https://www.tcl.com/global/en/nxtpaper-whitepaper About TCL Mobile TCL Mobile specializes in the research, development and manufacturing of smartphones, tablets and connected devices. On a mission to deliver 5G for all, TCL Mobile helps its customers 'Inspire Greatness' in their lives through industry leading technology and solutions. For more information on TCL mobile devices, please visit: https://www.tcl.com/global/en/mobile About TCL TCL is a leading consumer electronics brand and a global leader in the television industry. Operating in over 160 markets worldwide, TCL specializes in the research, development, and manufacturing of consumer electronics products, including TVs, audio systems, home appliances, mobile devices, smart glasses, commercial displays, and more. For additional information, visit the TCL website at https://www.tcl.com. (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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