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    Rupee settles with 5 paise gain at 95.17 against US dollar
    India weathered Hormuz disruption without fuel shortages: Puri
    RBI invites public comments on the draft Directions on ‘Credit Valuation Adjustment (CVA) Framework’
    RBI invites comments on the draft “Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Eleventh Amendment Directions, ...
    87 Proposals Received under BHAVYA Scheme during First Round of Phase-I
    India successfully concludes the 16th BRICS Trade Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    GeM Completes a Decade of Transforming Public Procurement with Cumulative GMV Exceeding ₹20 Lakh Crore
    NEWS HIGHLIGHTS
    India's forex kitty swells by USD 10.5 bn to USD 692.87 bn
    Rs 5,000 cr credited to 6.22 lakh Maharashtra farmers so far under loan waiver scheme: Fadnavis
    SBI Life and J&K Bank partner to bring comprehensive life insurance solutions closer to families across India
    DRI intensifies vigil along India's North-Eastern Frontier
    Vijayan slams Kerala govt's move to end doorstep pension delivery through cooperative banks
    Kerala to stop welfare pension delivery through cooperative banks, shifts to DBT
    China's exports slow slightly in July despite robust demand for high-tech products
    India successfully concludes the Tenth BRICS Industry Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    APEDA Organises BIOFACH INDIA 2026 to Promote India's Certified Organic Products and Expand Global Market Access
    RBI bars banks from disabling mobile devices of defaulting borrowers
    Par panel for early conclusion of India-US trade pact, tariff exemptions on key goods
    No commitments relating to ethanol import from US for fuel blending under FTA talks: Govt
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    August 7, 2026
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    Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
    Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
    August 7, 2026
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    Energy security through diversified sourcing protected fuel supplies during Hormuz disruption and supports domestic exploration and alternative fuels.
    Energy security measures based on diversified crude oil and LPG sourcing, expanded infrastructure, increased domestic LPG production and alternative fuels were presented as maintaining fuel availability during disruption of shipping through the Strait of Hormuz. Domestic resilience is also linked to support for private deep-water oil and gas exploration, opening offshore acreage, and expansion of compressed biogas and ethanol blending. Ethanol-blended petrol testing identified limited contamination instances rather than a systemic issue, while excise duty reductions were described as cushioning consumers against global fuel-price volatility.
    August 7, 2026
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    Credit valuation adjustment framework revises derivative capital requirements through flexible basic approaches, hedge recognition, and risk-sensitive counterparty treatment.
    Credit Valuation Adjustment framework revisions align CVA capital treatment with final Basel III standards. Eligible banks may use the full or reduced basic approach, while banks with an insignificant volume of non-centrally cleared derivatives may calculate their CVA capital charge at 100 per cent of the counterparty credit risk capital charge. The draft also clarifies CVA hedge recognition, introduces risk weights sensitive to sector and credit quality, and separates systematic and idiosyncratic CVA risk in the full basic approach.
    August 7, 2026
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    Leverage ratio framework amendments propose Basel-aligned capital adequacy standards, with public feedback invited on the draft directions.
    Proposed amendments to the leverage ratio framework would revise Chapter VII of the 2025 Commercial Banks Prudential Norms on Capital Adequacy Directions to implement the Basel Committee's Leverage Ratio 2017 Standard. Public comments and feedback on the draft Eleventh Amendment Directions, 2026, are invited until August 28, 2026, through the designated online platform, postal submission, or email.
    August 7, 2026
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    BHAVYA Scheme project selection uses challenge-based evaluation of infrastructure, industrial ecosystems, and policy enablers under prescribed eligibility criteria.
    BHAVYA Scheme Phase-I proposals submitted by State and Union Territory governments will be evaluated and scored under prescribed eligibility and evaluation criteria. Challenge-based project selection considers connectivity and site suitability, quality of core, value-added and social infrastructure in the detailed project report, and the industrial ecosystem and policy enablers. The Scheme guidelines provide for completion of the first-phase selection process within one year from notification.
    August 7, 2026
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    Multilateral trade cooperation preserves developing economies' policy space while advancing MSME finance, diversified value chains and digital services.
    BRICS ministers adopted measures supporting a development-centred multilateral trading system with the World Trade Organization at its core, preservation of Special and Differential Treatment, binding two-tier dispute settlement, and developing economies' policy space for food security and public stockholding. MSME measures include study of an invoice discounting mechanism and credit-assessment principles focused on cash flow rather than collateral. Value-chain measures provide for a GVC Action Plan, technical cooperation, Special Economic Zone cooperation and digitised trade documents, alongside principles for trusted cross-border digitally delivered services.
    August 7, 2026
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    Digital public procurement promotes transparent sourcing, reduced seller charges, competition monitoring and evidence-based spending oversight through an integrated marketplace.
    Government e-Marketplace digitises public procurement through a unified platform promoting transparency, efficiency, good governance and wider supplier participation. Seller-facing measures include reduced transaction charges, exemption of smaller orders, a cap on maximum transaction fees and reduced vendor assessment fees. The platform uses Artificial Intelligence and Machine Learning tools to identify suspected cartelisation, collusion and order splitting, while its digital transactional trail supports expenditure monitoring, identification of inefficiencies and evidence-based policy interventions.
    August 7, 2026
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    Criminal justice, extremist-material regulation and administrative schemes feature in reports on prosecutions, demolition practices, loan waivers and fuel policy.
    Criminal justice reports cover bail and an expedited trial in an assault prosecution, arrest for allegedly sheltering an accused, allegations of rape and murder of a minor, and claimed irregularities in a police recruitment examination. Regulatory developments include a ban on extremist literature associated with proscribed organisations and judicial disapproval of coercive demolition. Administrative coverage includes farmer loan-waiver transfers following Aadhaar authentication and debate over the E20 fuel-blending programme.
    August 7, 2026
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    Foreign exchange reserves rose as foreign currency assets, gold holdings, Special Drawing Rights and IMF reserve position increased.
    India's foreign exchange reserves increased during the week ended July 31, principally because of higher foreign currency assets and gold reserves. Foreign currency assets include US dollar valuation effects arising from movements in currencies such as the euro, pound and yen. Special Drawing Rights and India's reserve position with the International Monetary Fund also increased. The movement followed measures to attract foreign exchange inflows, including an FCNR(B) measure, after earlier reserve declines associated with rupee pressure and dollar sales for foreign exchange market intervention.
    August 7, 2026
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    Farm loan waiver eligibility depends on verified beneficiary status and Aadhaar authentication for direct credit of eligible crop-loan relief.
    The farm loan waiver scheme covers eligible short-term crop loans within the prescribed ceiling and eligibility period. Waiver amounts are credited to verified bank accounts after field verification and completion of Aadhaar authentication. Aadhaar authentication is the operative condition for automatic processing of benefits, while eligibility rules and technical conditions have raised concerns about exclusion of distressed farmers.
    August 7, 2026
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    Corporate agency distribution expands access to life insurance products, supporting insurance awareness, financial inclusion and long-term household financial protection.
    A corporate agency arrangement enables J&K Bank to distribute SBI Life Insurance protection, savings, retirement and child-oriented life insurance plans through its branch network. The partnership aims to improve insurance access, awareness, financial literacy and long-term financial planning for households, particularly in Jammu & Kashmir and Ladakh. It is intended to expand insurance penetration, strengthen household financial protection and support financial inclusion in line with the IRDAI vision of "Insurance for All by 2047".
    August 7, 2026
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    Cross-border smuggling controls target narcotics, poppy seeds and areca nuts entering through the Indo-Myanmar border region.
    Cross-border smuggling enforcement targeted methamphetamine, foreign-origin poppy seeds and areca nuts allegedly brought from Myanmar. Methamphetamine concealed in an ambulance was seized under the NDPS Act, 1985. Poppy seeds and areca nuts recovered in separate operations were seized under the Customs Act, 1962. Poppy-seed imports are restricted to designated countries and require registration to ensure traceability and prevent illicit produce entering legitimate supply chains. The enforcement action addresses circumvention of customs controls and regulated import requirements.
    August 7, 2026
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    Direct benefit transfer for welfare pensions replaces cooperative-bank doorstep delivery, while retaining limited home service for excluded beneficiaries.
    Direct Benefit Transfer for social security and welfare pensions is to be made through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep delivery. Home delivery remains available for bedridden persons and others who cannot be excluded. The change is associated with delays in remitting undistributed amounts, record-update failures, reconciliation issues, duplicate payments, and incomplete Aadhaar-based payment implementation. Concerns have been raised that mandatory bank-account credit may disadvantage beneficiaries dependent on doorstep delivery.
    August 7, 2026
    Show AI Summary
    Direct Benefit Transfer for welfare pensions replaces doorstep cooperative-bank delivery, while home delivery remains for bedridden beneficiaries.
    Direct Benefit Transfer of social security and welfare pensions is to be made mandatory through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep distribution. Home delivery continues for completely bedridden beneficiaries and others who cannot be excluded. The change addresses delays in remitting undistributed amounts, record-update and reconciliation deficiencies, duplicate payments linked to incomplete Aadhaar-based payments, delivery incentive costs, and the need to comply with Direct Benefit Transfer norms to avoid loss of central financial assistance.
    August 7, 2026
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    Customs trade data show moderating July growth while high-technology exports, vehicles and advanced manufacturing supplies remain strongly supported.
    Customs and trade data showed that China's July export and import growth moderated and its trade surplus narrowed from the preceding month. Typhoon-related port disruptions affected trade flows, but demand for electronics and green technology products supported elevated values. High-technology items, vehicles, electronics and machinery recorded strong January-July export growth, while trade performance varied among the United States, the European Union and Southeast Asia.
    August 7, 2026
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    BRICS industrial cooperation advances MSME, photovoltaic, startup and logistics frameworks alongside resilient trade and digital services collaboration.
    BRICS industrial cooperation under PartNIR was strengthened through a Joint Declaration and institutional measures addressing MSMEs, photovoltaics, startup-led innovation, and resilient transport and logistics. The measures include an SME cooperation framework, Terms of Reference and an Action Plan for photovoltaic industry cooperation, and a startup innovation action plan. Trade discussions focused on the multilateral trading system, MSME participation in international trade, resilient global value chains, and cross-border digitally delivered services within a rules-based trading framework.
    August 7, 2026
    Show AI Summary
    Certified organic export promotion: BIOFACH INDIA facilitates buyer-seller engagement, certification awareness, traceability discussions and international market access.
    BIOFACH INDIA 2026 promotes certified organic exports by providing a platform for Indian organic enterprises to showcase diverse certified products and engage with overseas buyers through structured Buyer-Seller Meets. Technical sessions address organic certification, traceability, sustainability, quality standards, international regulatory requirements and export-market expectations. The initiative supports quality assurance, international market access, export linkages and sustainable agricultural practices across the organic value chain.
    August 6, 2026
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    Device-based loan recovery restrictions protect essential mobile functions while permitting gradual locking only for lender-financed devices.
    Technology-based recovery mechanisms cannot restrict or disable a borrower's mobile device unless the bank financed acquisition of that device. Where permitted, banks must adopt a gradual approach and preserve essential functions, including incoming calls, SMS access, and emergency SOS features. Regulated entities and service providers must obtain manufacturer or operating-system certification for device-locking technology. Disclosure of borrower or guarantor information to recovery personnel must be limited to what is necessary for loan-recovery duties.
    August 6, 2026
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    Bilateral trade agreement negotiations should secure tariff certainty, protect key exports, strengthen supply chains, and support vulnerable small industries.
    An early Bilateral Trade Agreement is proposed to protect Indian interests, secure tariff exemptions for key exports, reduce barriers affecting industrial products, and create predictable trade conditions. Recommended measures include financial and export-credit support for small industries, real-time monitoring of customs requirements, documentation assistance, and timely policy support against tariff and non-tariff barriers. Export strategy should develop knowledge services and critical supply-chain integration, while a National Fund should assist suppliers with redesign, tooling, certification and entry into new global supply chains.
    August 6, 2026
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    Ethanol imports for fuel blending remain excluded from trade commitments, with domestic producers continuing to supply the blending programme.
    Ethanol imports for fuel blending remain outside concessions or commitments in India-US trade discussions. Under the Ethanol Blended with Petrol Programme, ethanol procurement is governed solely by domestic policy requirements and is sourced entirely from domestic producers. Claims of existing or intended large-scale ethanol imports from the United States for fuel blending, or of a policy change permitting them, are stated to be baseless.

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      OPPO India launches F31 5G Series: The Best Smartphone for Durability with Smooth and powerful performance

      September 17, 2025

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      • With Snapdragon and Dimensity processors, six-year fluency certification, and Jio & TÜV-certified connectivity, the F31 Series sets a new benchmark for durability in India’s mid-range segment. • Built for India’s heat and hustle: smooth at 43°C, powered a 7,000mAh long-life battery, Hunter Antenna 2.0 for network, AI imaging and AI Productivity tools for shopkeepers, riders, and young professionals. • Outdoor Mode 2.0 keeps delivery and driver apps alive, ensuring strong network and performance even in rain, heat, or traffic. New Delhi, September 15, 2025: OPPO India has launched the F31 5G Series, the latest in its popular F line-up, designed to meet India’s demand for durability and smooth performance. The new series offers three models—F31 Pro+, F31 Pro, and F31 each engineered with stronger builds, long-lasting batteries, improved heat management, and advanced connectivity. With these upgrades, the F31 5G Series is positioned as the smoothest and most durable smartphone range under INR 35,000 in India. Durability is no longer optional in India. A recent Counterpoint Research survey found that 79% of buyers rank durability as their top buying factor, with more than half admitted to dropping their phones frequently. The F31 5G Series addresses this directly. This series features a 360° Armor Body with a multi-layer airbag structure that cushions internal components from impact. The aerospace-grade AM04 aluminium alloy frame is 10% stronger than its predecessor, and the AGC DT-Star D+ glass offers reinforced screen protection. The devices are triple-certified IP66, IP68, and IP69, making them resistant to dust, immersion in water, and even high-pressure water jets at temperatures up to 80°C. In real use, this means a delivery rider caught in monsoon rain, a shopkeeper using the phone with oily fingers, or a trader squeezing through a crowded market can expect the phone to keep working. The F31 also resists 18 everyday liquids including tea, coffee, milk, and detergent water, reflecting its design for Indian environments. Smoothness Under Heat Overheating remains a common complaint; 41% of Indian users report it as a major problem. The F31 5G Series tackles this with advanced thermal design. The Pro+ model uses a 5,219 mm² vapour chamber, while the Pro and base models use 4,363 mm² and 4,300 mm² chambers respectively, each combined with expanded graphite layers. This design maintains performance even in peak Indian summers, where temperatures can reach 43°C. At the software level, OPPO’s Dual-Engine Smoothness System a combination of the Trinity Engine and the Luminous Rendering Engine keeps apps switching fluid. These features support OPPO’s 72-Month Fluency Certification, which guarantees consistent performance for six years. In application, this means a delivery partner navigating with Google Maps, receiving a WhatsApp call, and quickly switching to a UPI payment app can do so without lag, flicker, or app crashes. Performance and Thermal Design The F31 Pro+ is powered by the Qualcomm Snapdragon 7 Gen 3 built on TSMC’s 4nm process. It combines a 2.63GHz Cortex-A715 Prime core, three 2.4GHz Cortex-A715 performance cores, and four 1.8GHz Cortex-A510 efficiency cores. An Adreno 720 GPU and Qualcomm AI Engine deliver 60% better performance per watt over previous platforms. The device supports up to 24GB RAM (12GB physical + 12GB virtual) and UFS 3.1 storage. The F31 Pro uses the MediaTek Dimensity 7300 Energy 4nm chipset with four 2.5GHz Cortex-A78 cores and four Cortex-A55 cores. It comes with the Mali-G615 MC2 GPU, up to 24GB RAM (12GB physical + 12GB virtual), and UFS 3.1 storage. The F31 features the Dimensity 6300 6nm chipset with two 2.4GHz Cortex-A76 cores, six 2GHz Cortex-A55 cores and the Mali-G57 MC2 GPU. This range ensures that whether you are gaming for long hours, streaming video, or running productivity apps, the phone maintains consistent speeds without overheating. Software and System Fluency All three models run ColorOS 15, featuring OPPO’s Dual-Engine Smoothness System. The Trinity Engine dynamically manages CPU cache and algorithms to reduce unnecessary spikes. It improves overall smoothness by 22%, reduces installation times by 26%, and increases battery efficiency. The Luminous Rendering Engine, the first parallel animation system on Android, merges transitions at system level, avoiding stutter during multitasking. Together, they help achieve what OPPO calls “six zeros”: no lag, latency, flicker, crash, mislaunch, and freeze with High-Speed Continuous Application Launch. Users switching rapidly between apps such as Maps, WhatsApp, YouTube, and Camera will notice fluid performance. A rider keeping navigation, a food delivery app, and Instagram open in the background will find none of them close unexpectedly. The adaptive heat strategy on the F31 Series also raises throttling thresholds from 42°C to 45°C, keeping devices responsive even in summer. Features like storage defragmentation, intelligent pre-loading, and improved touch response extend smoothness over six years. A one-click rejuvenation tool also restores near-factory performance. Reliable Connectivity Connectivity is critical in India’s congested cities. Building on the Hunter Antenna Architecture from the F29, the F31 introduces Hunter Antenna 2.0 with 91.6% frame coverage up from the smartphone average of 50–70% of the perimeter frame and India’s first NetworkBoost S1 chip. Certified by TÜV Rheinland, this system improves signal strength by 300%. Jio has tested the F31 5G Series as the best network performer under ₹35,000, ensuring reliable calls, UPI payments, and live navigation. For riders and drivers, Outdoor Mode 2.0 includes Order Rush Boost, which prioritises delivery apps like Zomato and Blinkit, and App Keep-Alive, which prevents critical apps from closing. Glove Mode and Splash Touch allow operation with gloves or wet hands. Smarter AI, Better Cameras The series features a 50MP OIS main camera, 2MP Monochrome camera and 32MP selfie shooter (16MP on the base F31), supporting 4K video and underwater photography without a case. AI tools include AI Eraser 2.0 to remove objects, AI Unblur for moving shots, AI Reflection Remover to eliminate glare, and AI Clarity Enhancer for sharper zoom. For productivity, AI VoiceScribe transcribes and translates calls and meetings in 29 languages, while AI Call Assistant offers live translations with subtitles or speech supporting 9 regional languages (Hindi, Kannada, Marathi, Gujarati, Tamil, Malayalam, Telugu, Punjabi and Bengali). OPPO Docs with Gemini AI can summarise or rewrite documents instantly for students and professionals. Power That Lasts The F31 Series introduces a 7,000mAh battery with bio-inspired electrolyte repair technology that retains 80% capacity after 1,800 cycles, equal to five years of daily use. For daily life, this means a delivery partner can finish a double shift, a trader can run digital payments all day, and a professional can work late without worrying about charging. Charging technology includes 80W SUPERVOOC Flash Charge that powers the battery to 58% in 30 minutes and a full charge in just over an hour. Reverse charging powers accessories or other phones, while bypass charging reduces heat during gaming and streaming, by powering directly the device when charging instead of drawing power from the battery Flagship Design at Mid-Range Price The F31 Pro+ is available in Gemstone Blue, Himalayan White, and Festival Pink. Weighing 195g at 7.7mm, it features a 6.8-inch flat AMOLED display with a 93.5% screen-to-body ratio. The F31 Pro comes in Desert Gold and Space Grey, at 191g and 190g respectively and just 7.9mm slim, with a 6.57-inch flat AMOLED display. The F31 offers Midnight Blue, Cloud Green, and Bloom Red finishes, each at 187g and 7.9mm slim, with a 6.57-inch flat AMOLED display and under-display fingerprint sensor. Price and Availability The OPPO F31 Series will be available across offine stores and OPPO E-store, Flipkart and Amazon from 19 September 2025. Prices are as follows: • F31 Pro+ 5G: INR 32,999 (8+256GB) and INR 34,999 (12+256GB) • F31 Pro 5G: INR 26,999 (8+128GB), INR 28,999 (8+256GB) and INR 30,999 (12+256GB) • F31 5G: INR 22,999 (8+128GB) and INR 24,999 (8+256GB) available from 27th September Customers can avail of the following offers: • Pre-book and first-day buyers will get bank discounts or exchange bonuses, bringing effective prices lower across all three models. • 180 days protection for free accidental damage, liquid damage protection and free screen damage protection • OPPO India is offering upto 10% instant Cash back on SBI cards, HDFC Bank and Kotak Bank on credit cards etc • Avail no-cost EMI for up to 6 months and consumer loans for up to 8 months Zero down payment schemes • Customer can also avail upto 10% exchange bonus Specifications OPPO F31 Pro+ 5G OPPO F31 Pro 5G OPPO F31 5G Display 6.8 inch ultra slim display, flat AMOLED display, 120Hz Refresh Rate 6.5inch Ultra-slim display, flat AMOLED display with 120 Hz Refresh rate Built material & IP Rating Aerospace-grade Aluminium Alloy Frame AGC DT-STAR D+ IP66, IP68 and IP69 Rating MIL-STD-810H-2022 Weight & Profile 195g/7.7mm – Gemstone Blue 204g/7.8mm- Himalayan White and Festive Pink 190g/7.9mm – Desert Gold and Space Grey 185g/88 mm– Midnight Blue, Cloud Green and Bloom Red OPPO AI features AI VoiceScribe, AI Call Assistant (AI Call Summary, AI Call Translator), AI Editor 2.0 (AI Perfect Shot, AI Recompose, AI Clarity Enhancer, AI Reflection Remover, AI Unblur, AI Eraser 2.0), AI Linkboost 3.0, AI VoiceScribe, AI Call Assistant (AI Call Summary, AI Call Translator), AI Editor 2.0 (AI AI Editor 2.0 (AI Perfect Shot, AI Recompose, AI Clarity Enhancer, AI Reflection Remover, AI Unblur, AI Eraser 2.0), Camera rear setup 50MP OmniVision 50D40| with OIS 2MP Monochrome Camera 2 MP Portrait Camera Front Camera 32MP Front Camera Galaxy Core 32E2 16MP Front Camera Sony IMX480 Processor Snapdragon® 7 Gen 3 MediaTek Dimensity 7300 - Energy Mediatek Dimensity 6300 RAM & Storage RAM: 12GB+12GB variant, expandable to 24GB + 256GB 8GB+ 256GB LPDDR4X UFS 3.1 RAM: 12GB (12GB Expandable - up to 24 GB) + 256GB 8GB + 256GB/ 128GB LPDDR4X UFS 3.1 8GB+128GB/8GB+256GB RAM: LPDDR4X UFS 2.2 Battery 7000mAh Large Battery 80W SUPERVOOC Flash Charge With Reverse Charging and Bypass charging Operating System ColorOS 15 (based on Android 15) with 2-year OS updates and 3-year security updates About OPPO India Founded in 2014, OPPO Mobiles India Pvt Ltd (OPPO India) is a leading technology company in India, renowned for its innovative and diverse portfolio, including the Find, Reno, F, K, and A series smartphones, as well as IoT devices. The company is headquartered in Gurugram, Haryana. OPPO has been at the forefront of technological innovation, particularly in imaging technology, device durability, and battery health optimisation. Guided by the philosophy ‘Make Your Moment’, OPPO empowers users to create and embrace the beauty of life through advanced technology, fostering freedom and fulfillment in everyday experiences. Spanning over 110 acres, the company operates one of India’s largest mobile manufacturing facilities in Greater Noida, Uttar Pradesh. With multiple production lines, assembly stations and testing stations, the plant is capable of dispatching hundreds of micro parts to produce approximately 200 smartphones in under 10 minutes. As a socially responsible organisation, OPPO India actively engages in initiatives focused on skill development and e-waste awareness among the country’s youth. (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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