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    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
    Markets climb in early trade on falling crude oil prices; RBI monetary policy decision awaited
    Rupee jumps 39 paise to 94.89 against US dollar ahead of RBI monetary policy decision
    Punjab govt committed to paying all valid dues; legal options being examined: FM Cheema
    ED searches multiple locations in Punjab, Chandigarh in PMLA case against PSIEC officials
    Rupee gains 9 paise against US dollar
    India, US working towards interim trade agreement: MEA
    Govt to adopt appropriate measures to mitigate fuel price volatility: MoS Finance
    Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LS
    Champion Mirabai Chanu Unveils MMTC-PAMP's 'Virasat' Recycled Gold Coin to Celebrate India's 80th Year of Independence
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    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.
    August 5, 2026
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    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
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    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
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    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
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    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
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    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.
    August 5, 2026
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    Monetary policy expectations shape equity sentiment as softer crude prices and foreign investment support domestic financial assets.
    Equity market sentiment improved in early trading as lower crude oil prices and foreign fund inflows supported benchmark indices, while investors awaited the monetary policy decision. Softer crude prices, rupee recovery, improving global risk sentiment, resilient economic growth, corporate earnings and sustained foreign portfolio investment supported domestic financial assets, despite continuing global and geopolitical uncertainties.
    August 5, 2026
    Show AI Summary
    Foreign exchange market movement strengthens as lower crude prices and monetary policy signals influence the rupee's direction.
    Foreign exchange market movement saw the rupee appreciate against the US dollar in early trading, supported by lower crude oil prices, a softer dollar index, domestic equity gains and net foreign institutional investment. Market attention centred on the Reserve Bank of India's monetary policy decision, with expectations of an unchanged benchmark repo rate. Policy communication on inflation and developments in Hormuz-related talks were identified as factors that could influence the rupee's direction.
    August 4, 2026
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    Dearness allowance arrears must be cleared promptly, while the government examines legal remedies and continues its structured liquidation plan.
    Pending dearness allowance arrears of government employees and pensioners are to be cleared within a fortnight, with restraint on unproductive expenditure until admissible dues are paid. The government states that it will pay constitutionally and legally valid dues while examining the judgment, precedents and possible legal remedies. It attributes the arrears to delayed pay commission implementation and frozen dearness allowance, and states that a structured liquidation plan has been prepared and partly implemented.
    August 4, 2026
    Show AI Summary
    Money-laundering investigation examines alleged fraudulent industrial plot allotments, benami holdings and diversion of plots to residential use.
    A money-laundering investigation under the Prevention of Money Laundering Act examines alleged irregularities in industrial-plot allotments involving corporation officials, private persons, property dealers and alleged benamidars. The inquiry concerns alleged use of fictitious firms and false addresses to obtain plots, allotments to relatives and associates, and alleged diversion or change of land use from industrial to residential purposes. These activities are alleged to have generated private gains while causing loss to the public exchequer.
    August 4, 2026
    Show AI Summary
    Rupee exchange-rate movement gains support from capital inflows, while oil prices, dollar strength and monetary policy shape sentiment.
    Rupee exchange-rate movement was supported by foreign capital inflows and improved global risk sentiment, while elevated crude-oil prices and a stronger US dollar constrained gains. Market attention shifted to monetary policy, overseas dollar-deposit incentives and easier foreign access to government bonds, which were reported to support capital inflows and India's external position. A cautious approach to the benchmark repo rate was expected amid assessment of the West Asia conflict.
    August 4, 2026
    Show AI Summary
    Interim bilateral trade agreement negotiations continue as both sides work to finalise unresolved issues in the proposed arrangement.
    Interim bilateral trade agreement negotiations between India and the United States are continuing. Both sides have undertaken substantial work, while certain issues remain to be finalised before completion of the proposed interim trade arrangement. A United States Trade Representative delegation visited India to advance discussions. The text records the status of negotiations and identifies no concluded agreement or operative customs measure.
    August 4, 2026
    Show AI Summary
    Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
    Fuel-price volatility is to be mitigated through fiscal and administrative measures that protect consumers while maintaining fiscal sustainability. The approach includes monitoring revenue and expenditure, reprioritising spending, and using fiscal measures when economic conditions require. Reduced central excise duty on petrol and diesel moderated the impact of elevated international crude prices and partly offset under-recoveries of public-sector oil marketing companies. Longer-term measures include revenue mobilisation, import diversification, Strategic Petroleum Reserves, cleaner fuels and energy efficiency.
    August 4, 2026
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    Tax policy certainty reforms propose easier fund management, data-centre access, electronics incentives and revised electronic-payment charging rules.
    The proposed Bill seeks to simplify conditions for foreign investment funds using fund managers in India without being treated as carrying on business in India, while retaining safeguards against misuse and round-tripping. It proposes removal of approval requirements for foreign cloud companies using Indian data centres and permits leased operation of Indian data centres. It also extends tax support for foreign companies participating in electronics contract manufacturing and component warehousing, preserves tax-free dividends for REIT and InvIT investors in specified circumstances, and removes the prohibition on Merchant Discount Rate charges for notified electronic payment modes.
    August 4, 2026
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    Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
    Responsible precious-metals recycling is promoted through a commemorative recycled-gold coin intended to support domestic recycling, responsible sourcing and a self-reliant supply chain. The product is described as having certified purity authentication, tamper-proof packaging, a unique identification number and an assayer-certified minted card. The initiative seeks to reduce dependence on imported gold and expand organised, transparent recycling infrastructure. An organised silver buyback programme is also described as supporting secure consumer sales and a circular economy for precious metals.

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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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