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    India's Services Exports Rise to USD 421.3 Billion in FY 2025-26, Led by Telecommunications, Computer and Information Services and Business Services
    India and Israel Conclude Second Round of Negotiations for Proposed Free Trade Agreement
    Glomo Secures Visa's Principal Membership, Becomes India's First Non-Bank Acquirer to Join the Network
    India's forex reserves jump USD 1.08 billion to USD 676.237 billion
    Boult Earbuds in India 2026: Five Reasons They are the Smartest Budget Pick
    Stock markets extend losses for 5th straight day on US trade tariffs, West Asia tensions
    China slaps export controls on 14 EU entities in retaliation for Russia-related sanctions
    Rupee recovers 18 paise to settle at 96.55 against US dollar
    Infosys: AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%
    Shares skid in Asia in sell-off of AI-related shares as Brent oil trades near $100 per barrel
    30-member Indian commerce chamber delegation to visit Sri Lanka
    Rupee rises 22 paise to 96.51 against US dollar in early trade
    ED conducts raids in UP, Delhi and Punjab in Rs 450-crore bank loan 'fraud'
    US slaps 10 per cent tariff on goods imported from India over forced labour concerns
    NICDC Organises Cross-Learning Site Visit to AURIC Smart City to Strengthen Industrial Corridor Development
    India Concludes Eighth Trade Policy Review at WTO in Geneva
    US' temporary 10 pc tariff set to expire on Friday unless extended or new duties announced
    PNB to establish Quantum Finance Innovation Hub in Amaravati
    Infosys veteran Ashiss Kumar Dash to succeed Salil Parekh as new CEO in 2027
    Gold falls Rs 400 per 10 grams amid surging oil prices
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    July 24, 2026
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    Services export promotion expands market access, professional mobility, qualification recognition and trade outreach for Indian service suppliers.
    Services export promotion combines targeted market and sector strategies, removal of domestic impediments, trade agreements and export-promotion activity. Free Trade Agreements secure market access and national treatment for Indian service suppliers, support transparent and time-bound authorisation processes, and facilitate temporary mobility of skilled professionals. Mutual Recognition Agreement provisions seek recognition of qualifications and licensing requirements. The framework also addresses social-security coordination, student mobility, traditional medicine and double-taxation commitments for IT services. The Services Export Promotion Council supports market development, trade facilitation, capacity building and international outreach.
    July 24, 2026
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    Free trade agreement negotiations advance as India and Israel address market access, origin rules, customs facilitation and economic cooperation.
    India and Israel completed the second round of negotiations for a proposed Free Trade Agreement under the Terms of Reference signed in November 2025. Technical discussions covered trade in goods and services, rules of origin, sanitary and phytosanitary measures, technical barriers to trade, intellectual property rights, customs procedures, trade facilitation and economic cooperation. Both sides sought to narrow gaps, identify areas of convergence and work towards early conclusion of a balanced, comprehensive and mutually beneficial agreement.
    July 24, 2026
    Show AI Summary
    Direct card acquiring enables cross-border merchants to manage payment processing, settlement, risk monitoring and disputes without intermediary acquirers.
    Visa Principal Membership enables Glomo to operate as a direct non-bank acquirer for Visa-powered merchant card payments through GIFT IFSC. It allows direct management of merchant acquisition, processing, settlement, transaction approval optimisation, fraud and risk monitoring, and dispute and chargeback handling without intermediary acquirers. The arrangement is intended to accelerate onboarding and processing, enhance control over risk policies and merchant experience, and support cross-border acceptance and settlement, including management of multiple currencies, banking systems and regulatory requirements.
    July 24, 2026
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    Foreign exchange reserves rose as foreign currency assets increased, while gold reserves fell and IMF reserve position declined.
    Foreign exchange reserves increased during the reported week, principally because foreign currency assets rose, including valuation effects from movements in non-US currencies held in reserve. Gold reserves declined, Special Drawing Rights increased, and the reserve position with the International Monetary Fund decreased. Earlier reserve declines were associated with rupee pressure and foreign-exchange market intervention through dollar sales.
    July 24, 2026
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    Consumer electronics financing enables instalment purchases of affordable earbuds through in-store loan and reusable credit facilities, subject to approval.
    Affordable Boult earbuds are described as offering extended battery life, fast charging, dynamic drivers, low-latency gaming modes, Environmental Noise Cancellation, Bluetooth connectivity, and selected active noise-cancellation features. Models are compared by audio, calling, gaming, and charging specifications. Purchases through partner stores may be financed through an Easy EMI Loan or Insta EMI Card, subject to in-store application and approval, with instalment tenures and possible zero-down-payment offers on selected models.
    July 24, 2026
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    Trade-tariff concerns and oil-price volatility deepen risk aversion, extending equity market losses amid geopolitical tensions and foreign outflows.
    Indian equity markets extended their losing streak amid caution over United States trade-tariff concerns, West Asia tensions, oil-price volatility, foreign equity outflows and selling in selected blue-chip shares. Higher oil prices were identified as a potential pressure on macroeconomic indicators and growth prospects. New import tariffs were described as a constraint for export-oriented economies, particularly technology-heavy markets, while investors may diversify exposure across emerging-market opportunities.
    July 24, 2026
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    Dual-use export controls restrict supplies to European entities amid reciprocal Russia-related sanctions and non-proliferation concerns.
    China imposed dual-use export controls on 14 European entities in response to European Union sanctions affecting Chinese and Hong Kong enterprises. Chinese companies cannot export dual-use items to the listed organisations, and foreign companies are barred from supplying them with dual-use items made in China. China stated that the restrictions protect national security and interests and support international non-proliferation obligations in the context of Russia-related sanctions.
    July 24, 2026
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    Foreign-exchange market intervention supported rupee stabilisation amid investor outflows, weak equities, geopolitical tensions and elevated crude oil prices.
    Foreign-exchange market conditions supported a rupee recovery against the US dollar following reported Reserve Bank of India intervention and dollar sales by public-sector banks. Pressure on the currency persisted due to foreign institutional investor outflows, weak domestic equity sentiment, geopolitical tensions and elevated crude oil prices. Lower crude prices, a weaker dollar index and further central bank intervention were identified as potential stabilising influences.
    July 24, 2026
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    Forward-looking statements receive safe-harbor qualification amid reported IFRS performance, AI-led transformation initiatives, and revised revenue-growth guidance.
    Infosys reported first-quarter IFRS financial performance, including revenue growth, operating margin, earnings per share, free cash flow, and large-deal contract value, while revising revenue-growth guidance and retaining operating-margin guidance. The release describes AI-led enterprise transformation, cloud modernization, digital banking, financial-crime operations, and technology services engagements. Forward-looking statements are subject to safe-harbor protection and may differ materially because of business, talent, economic, technological, regulatory, cybersecurity, litigation, investigation, and tariff-related risks.
    July 24, 2026
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    Forced-labour import enforcement drives new tariffs as expiring stopgap levies and market uncertainty heighten trade-compliance concerns.
    Import tariffs were announced on goods from trading partners said not to have fully enforced prohibitions on products made with forced labour. The measures apply to imports from 60 trading partners representing most United States imports and were introduced as existing stopgap levies approached expiry, following a Supreme Court setback affecting other tariff measures. The announcement occurred amid market uncertainty linked to energy-route disruptions, rising crude-oil prices, inflation concerns, and scrutiny of artificial-intelligence investment spending.
    July 24, 2026
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    Cross-border commercial engagement supports Indian and Sri Lankan businesses in identifying partnerships and strengthening trade and investment relationships.
    Cross-border trade and investment engagement between India and Sri Lanka is proposed through a commerce chamber delegation representing diverse Indian industry sectors. A networking session is intended to enable direct interactions between businesses, identify partnership opportunities, discuss commercial collaboration and develop new business connections. The engagement seeks to strengthen commercial relationships across participating industries within the established bilateral trade and investment relationship.
    July 24, 2026
    Show AI Summary
    Foreign exchange market intervention limited rupee depreciation amid elevated oil prices, importer dollar demand, capital outflows and equity market weakness.
    Foreign exchange market conditions reflected an early appreciation of the rupee against the US dollar, with likely central bank intervention through state-owned banks reported as limiting sharper depreciation. Softer dollar conditions provided limited support, while elevated crude oil prices increased dollar demand from oil marketing companies and sustained importer buying pressure. Foreign institutional investor equity outflows, domestic equity weakness, and West Asia tensions affecting oil prices also influenced the rupee.
    July 24, 2026
    Show AI Summary
    Money-laundering investigation examines alleged bank-loan fund diversion through shell entities, accommodation entries, fake invoices and circular transactions.
    A money-laundering investigation under the Prevention of Money Laundering Act concerns alleged bank-loan fraud involving Santosh Overseas Ltd., its promoters and linked entities. Searches were conducted at premises in Uttar Pradesh, Delhi and Punjab. The investigation, arising from a Central Bureau of Investigation case, alleges diversion and layering of loan funds through shell entities, accommodation-entry operators and related companies by means of purportedly fake invoices and circular financial transactions.
    July 24, 2026
    Show AI Summary
    Forced-labour import prohibitions shape tariff treatment as India's policy amendment secures a lower rate for imported goods.
    Forced-labour import prohibitions are linked to tariff treatment under Section 301 of the Trade Act of 1974. Goods imported from India receive a lower tariff rate after India amended its foreign trade policy to prohibit imports of goods produced using forced labour. The framework excludes certain raw materials, goods causing economy-wide disruption, and products unavailable in sufficient domestic quantities. India has contested the underlying investigations and proposes that the issues be addressed through a bilateral trade agreement.
    July 24, 2026
    Show AI Summary
    Integrated industrial city development promotes cross-learning on digital governance, investor facilitation, infrastructure planning and plug-and-play industrial parks.
    Industrial corridor development is being supported through cross-learning on AURIC Smart City's integrated planning, infrastructure and governance practices. The programme addresses master planning, utility systems, digital monitoring, land utilisation, investor facilitation, project implementation and coordination among implementing agencies. It also considers application of these practices to the Bharat Audyogik Vikas Yojana for plug-and-play industrial parks, with emphasis on integrated utilities, digital land management, investor-friendly approvals, sustainable infrastructure and multimodal connectivity.
    July 24, 2026
    Show AI Summary
    WTO trade policy review highlights India's commitment to transparent trade rules, development policy space and multilateral engagement.
    India reaffirmed an open, transparent, predictable and WTO-consistent trade and investment regime through tariff reform, customs simplification and free trade agreement initiatives. Its trade policy was presented as balancing developmental needs with WTO principles: agricultural tariffs protect vulnerable farmers, while industrial tariffs support supply-chain resilience and domestic manufacturing. India also committed to transparent, consultative and rules-compliant sanitary measures, technical regulations and trade remedies, with investigations based on objective evidence, due process and judicial oversight, including continued application of the Lesser Duty Rule in anti-dumping matters.
    July 23, 2026
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    Temporary Section 122 surcharge expiry may restore MFN treatment for Indian exports, while Section 301 tariff uncertainty continues.
    The US temporary Section 122 import surcharge on Indian goods is scheduled to expire unless extended or replaced, restoring affected imports to normal US MFN tariff treatment. Liability depends on entry for consumption or warehouse withdrawal. Section 232 national-security tariffs remain unchanged. Indian exports may still face fresh measures under Section 301 investigations into forced labour and excess manufacturing capacity, alongside potential country-specific or sectoral tariffs. The expiry may improve export competitiveness and market access, particularly for labour-intensive and MSME-driven sectors.
    July 23, 2026
    Show AI Summary
    Quantum finance innovation will advance secure digital banking through cybersecurity, fraud detection, collaborative research, workforce development and digital literacy.
    A Quantum Finance Innovation Hub is proposed to apply quantum technologies to banking through stronger cybersecurity, proactive financial-fraud detection and secure digital financial ecosystems. The initiative will bring together industry, academia, startups, research organisations and government agencies to promote innovation in quantum computing, artificial intelligence and related technologies. It also focuses on workforce development, digital literacy, public confidence in digital financial services, and technology-enabled responses to cybercrime and digital-arrest scams.
    July 23, 2026
    Show AI Summary
    Chief executive succession plan appoints a CEO designate, subject to shareholder approval, for an AI-led corporate leadership transition.
    Corporate leadership succession at Infosys is proposed through the appointment of Ashiss Kumar Dash as Managing Director and Chief Executive Officer designate from 1 April 2027. The five-year appointment is subject to shareholder approval and follows a recommendation of the Board's Nomination and Remuneration Committee. The incumbent will remain in office until the transition date and support an orderly transfer of responsibilities. The succession plan identifies the CEO designate's business, technology-delivery, client and global operations experience as relevant to AI-led transformation.
    July 23, 2026
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    Bullion market pressure intensified as rising oil prices, inflation concerns and restrictive monetary policy expectations weakened gold and silver sentiment.
    Gold and silver prices declined amid weaker global bullion trends, profit-booking, and higher crude oil prices linked to Middle East tensions. Market commentary associated the decline with inflation concerns and expectations that major central banks may sustain restrictive monetary policy for longer. Gold was described as facing near-term pressure from higher interest-rate expectations, inflation risks, and geopolitical uncertainty.

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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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