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    Ratnaveer Precision Engineering Reports 20% Revenue Growth and 21% PAT Growth in Q1 FY27
    India placed in lower tariff tier at 10 pc under US Section 301 measures on forced labour: Govt
    ED report says CMRL ex-MD cited Veena’s ties to then Kerala CM for payments
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman outlines 5Rs of responsive tax governance; Calls for greater tax certainty and ...
    Trump says US will investigate EU trade practices, claiming bloc unfairly fined tech giants
    World shares are mixed and oil prices fall, markets in Asia skid in sell-off of AI-related shares
    Sitharaman ask I-T officials to go after tax evaders, ensure convenience for honest taxpayers
    HIGHLIGHTS
    Rupee recovers 20 paise to settle at 96.53 against US dollar
    Sri Lanka welcomes US tariff reduction
    DPIIT's One District One Product Initiative Promotes 1,244 Unique Products Across 773 Districts
    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%
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    July 25, 2026
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    Copper Clad Laminate expansion advances through policy and rights-issue approvals, supporting domestic electronics manufacturing and strategic growth initiatives.
    The company reported progress on a proposed Copper Clad Laminate manufacturing project, including in-principle approval under the Gujarat Electronics Policy and substantial project completion. The facility is intended to support domestic electronics manufacturing and reduce import dependence. It also reported upgraded credit ratings, enhanced rated bank facilities, and stock-exchange in-principle approvals for a proposed rights issue supporting expansion and strategic growth initiatives.
    July 25, 2026
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    US forced-labour tariffs place India in a lower tier while preserving exclusions for specified imports and Section 232 products.
    US Section 301 forced-labour measures impose an additional 10 per cent tariff on imports from India, with India placed in a lower tariff tier than initially proposed. Generic pharmaceuticals, smartphones and certain specified products outside additional duties remain excluded, as do products already covered by Section 232 measures, including steel, aluminium and auto parts. The textile-specific mechanism has not yet been established or operationalised, and engagement continues in connection with bilateral trade agreement negotiations.
    July 25, 2026
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    Money-laundering investigation examines alleged fictitious expenses, circular vendor payments, and consultancy payments without services or deliverables.
    A money-laundering investigation alleges misappropriation through fictitious expense entries, unsupported vouchers, and inflated vendor invoices used to withdraw funds in cash. The Enforcement Directorate further alleges that payments described as software or IT consultancy expenses were made to Exalogic Solutions Pvt Ltd and Veena T without services or deliverables. The report cites statements concerning the alleged sham payments, Exalogic's dependence on company funds, and subsequent transfers from its account. The PMLA case is based on a prosecution complaint concerning suspected financial irregularities.
    July 25, 2026
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    Tax certainty and taxpayer-centric administration drive simplified compliance, reduced litigation, digital service delivery, and stronger voluntary tax compliance.
    Tax administration reform under the Income-tax Act, 2025, rules and forms is directed toward a simpler, transparent and taxpayer-centric system. Key priorities include reducing compliance costs and litigation through tax certainty, faster return processing, refunds, grievance redressal, voluntary compliance and timely appeal disposal. Digital initiatives, including PAN 2.0, ITBA 2.0, IEC 3.0, Kar Saathi and SAKSHAM NUDGE, are intended to simplify compliance and improve taxpayer experience. Capacity building in technology, international taxation, transfer pricing, digital assets and cybersecurity supports this reform agenda.
    July 24, 2026
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    Trade Practice Investigation: Tech-company antitrust fines prompt proposed tariffs and trade sanctions under federal trade law mechanisms.
    A formal investigation into alleged unfair trade practices has been announced in response to European regulatory fines imposed on major United States technology companies. The stated concern is that digital antitrust penalties are unfairly directed at United States businesses, with possible tariffs on European Union imports indicated. The proposed response is linked to Section 301 of the Trade Act of 1974, permitting import taxes and other sanctions against unjustifiable, unreasonable or discriminatory trade practices.
    July 24, 2026
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    Import tariffs and energy costs heighten inflation risks, pressuring consumers, corporate profits and monetary-policy expectations amid market volatility.
    Fresh tariffs on imports, rising energy prices and Middle East conflict are identified as concurrent pressures on global financial markets. The tariff measures apply to nearly all imports into the United States and are paid by importing companies, which typically pass the additional costs to consumers. Higher energy costs and tariffs may increase inflationary pressure, reduce household discretionary spending and affect corporate profitability, while influencing monetary-policy expectations. Investors also questioned whether substantial artificial-intelligence investment can support technology-sector valuations.
    July 24, 2026
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    Responsive tax governance promotes taxpayer convenience, correction of bona fide errors, tax certainty, prompt refunds and prevention of avoidable litigation.
    Responsive tax governance requires convenience for honest taxpayers, correction of bona fide errors and firm consequences for deliberate tax evasion. The Income Tax Act, 2025 is intended to simplify the legal framework, reduce uncertainty and lower compliance costs, supported by stronger electronic filing infrastructure and prompt refund processing. Tax certainty should promote voluntary compliance and shift the focus from litigation management to litigation prevention through consistent guidance, simplified procedures, technology, standardised processes, effective grievance resolution and reduction of recurring taxpayer difficulties.
    July 24, 2026
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    Examination integrity safeguards prompt monitoring, enforcement action and proposed stricter penalties for paper leaks and institutional failures.
    Examination integrity measures include reported termination of agency officials, contemplated legal and criminal action, proposed stricter punishment for paper leaks, and Supreme Court monitoring of preventive steps. The Supreme Court also prohibited unauthorised posting or uploading of audio-video court proceedings on social media and digital platforms without prior administrative permission. The updates further address taxpayer facilitation alongside firm action against evasion, trade measures connected with forced-labour concerns, and potential legal action concerning university communications to students.
    July 24, 2026
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    Foreign exchange market stabilisation supported rupee recovery as investor outflows, geopolitical tensions and elevated crude prices maintained currency pressure.
    Foreign exchange market conditions saw the rupee recover against the US dollar amid reports of Reserve Bank of India intervention and dollar sales by public-sector banks to limit further depreciation. Foreign institutional investor outflows, weak domestic equity sentiment, geopolitical tensions, and elevated crude oil prices continued to pressure the currency. A decline in crude prices, diplomatic engagement, and central-bank intervention were identified as potential stabilising factors.
    July 24, 2026
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    Forced-labour import prohibition enabled lower tariff treatment for Sri Lankan goods, supporting export competitiveness and responsible trade practices.
    Tariff treatment for Sri Lankan goods entering the United States was reduced after Sri Lanka prohibited imports of goods produced using forced labour. The prohibition placed Sri Lanka within the lower tariff category under the stated US framework. The reduction is described as supporting exporter competitiveness while reflecting commitments to fair trade, responsible business practices, internationally accepted labour standards, and sustainable economic reforms.
    July 24, 2026
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    One District One Product strengthens district product branding, market access, food-processing support and export-oriented value chains.
    The One District One Product initiative supports district-identified products through branding, market access, exhibitions, capacity building and Government e-Marketplace onboarding. States and Union Territories select products and may leverage Central and State schemes, as no district-specific allocation is made. PM Ekta Malls and the PMFME Scheme support sales, food-processing projects, common infrastructure, branding, packaging, quality standardisation and food-safety compliance. Districts as Export Hubs promotes export-potential products through export committees, action plans and value-chain coordination.
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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      OPPO India brings Grand Festive Sale across its portfolio; ₹10 Lakh Mega Prize for 10 lucky customers

      September 18, 2025

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      “Pay 0, Worry 0, Win ₹10 Lakh” Returns! • Enjoy Zero Down Payment, Interest-free EMIs, and Exchange Bonus on the latest OPPO mobile phones – F31 Series and Reno14 Series (From Navratri to Diwali and beyond!) • Best deals on A5 Series with Zero Down Payment and Interest-free EMIs • Offers available on retail stores, OPPO e-store, Flipkart, and Amazon from 19th September to 31st October 2025 • ‘My OPPO Exclusive Diwali Raffle’: Customers stand a chance to win cash prizes of ₹10 Lakh or ₹1 Lakh or OPPO devices (F31 Pro, Find X8, Reno14, Enco Buds3 Pro) • Steal deals on Flipkart Big Billion Day Exclusive: K Series, Enco Buds3 Pro and PAD SE(22nd September-2nd October 2025) New Delhi, 18 September 2025: Ushering in the festive cheer, OPPO India announced the return of its biggest festive sale for customers in India: ‘Pay 0, Worry 0, Win ₹10 Lakh’. From 19th September to 31st October, customers can explore and avail exciting offers on OPPO devices, including the latest launches - the F31 Series and the Reno14 Series, across retail stores, the OPPO e-store, Flipkart, and Amazon. The OPPO festive sale offers shoppers a host of exclusive benefits, including zero down payment, interest-free EMIs, instant cashbacks, attractive exchange schemes and a chance to win latest OPPO devices along with cash prizes of ₹10 Lakh or ₹1 Lakh. Commenting on the occasion, Goldee Patnaik, Head – PR and Communications, OPPO India, said, “With the onset of the festive season, we at OPPO are geared up to make it truly special and celebratory for our valued customers in India. Our users are at the heart of everything we do, and the Grand Festive Bonanza is a heartfelt gesture to thank them for their continued trust in the brand. Festive shopping is all about added value, and we have tailored our offers accordingly, with attractive deals, discounts, and exciting rewards. Our devices offer unmatched durability, advanced AI camera capabilities, and high-performance specifications across a range of price points to suit diverse consumer needs. The My OPPO Diwali Raffle is designed to bring even more joy through high-value rewards. We hope our efforts enable customers capture, share, and celebrate every festive moment with happiness.” OPPO’S FESTIVE PROMISE: TECHNOLOGY THAT CELEBRATES WITH YOU Aligned with its brand philosophy, ‘Make Your Moment’, OPPO continues to uphold its commitment to quality by delivering products that blend technological innovation with real-world durability. With convenient upgrade options and reliable service, OPPO enables customers to make the most of the festive season. Pay 0, Worry 0, Win ₹10 Lakh* (19th September 2025 – 31st October 2025) F31 Series, Reno14 Series Upto 8 Months of Zero Down Payment, Interest-Free EMIs, Upto 10% Exchange Bonus Special Festive Starting Price (with applicable bank offers): F31 Series: ₹20700/- Reno14 Series: ₹34999/- All OPPO Mobile Phones Low Down Payments, Lowest EMIs, Upto 10% Instant Cashback Bank Card Benefits (EMI and Non-EMI Transactions) State Bank of India, HDFC Bank, Kotak Mahindra Bank, IDFC First Bank, Bank of Baroda, Bajaj Finserv, TVS Credit, HDB Financial Services My OPPO Exclusive Diwali Raffle Customers who purchase OPPO mobile phones stand a chance to win any of the prizes: 10 Mega winners: ₹10 Lakh cash prize Daily 1 winner: ₹1 Lakh cash prize Any of the OPPO products: Find X8, Reno14, OPPO F31 Pro, OPPO Enco Buds3 Pro 3 Months Extended warranty 5000 Reward points T&C Apply LATEST OPPO DEVICES AT THE HEART OF THE CELEBRATION All-New OPPO F31 Series: Built for the Way India Celebrates This festive season, elevate your smartphone experience with the all-new OPPO F31 Series featuring the F31 Pro+, F31 Pro, and F31. Crafted to complement the spirit of celebration, the series combines durable design to withstand festive spills and splashes, seamless performance to keep up with your busiest days, and vibrant color options that add a festive flair to every moment. With powerful chipsets, Snapdragon 7 Gen 3 in the F31 Pro+ and MediaTek Dimensity 7300 Energy in the F31 Pro, paired with OPPO’s Dual Engine Smoothness System, it's built to last through the most demanding days. Festive-ready design meets vibrant shades like Festive Pink, Gemstone Blue & Himalayan White (F31 Pro+), Desert Gold & Space Grey (F31 Pro) and Midnight Blue, Cloud Green & Bloom Red (F31). With IP66, IP68, and IP69 ratings and protection against 18 common spills, the F31 Series is designed with a 360° Armour Body, MIL-STD-810H military-grade durability, and 72 months of guaranteed smooth performance. To keep things cool even during intense use, each model features an advanced cooling system with large vapour chambers and expanded graphite layers, maximized on the F31 Pro+ (5,219 mm²) for even greater thermal efficiency. The F31 Series also packs a massive 7,000mAh battery, 80W SUPERVOOC™ Flash Charging, and reverse & bypass charging, keeping you connected, whether it’s a night of pujas or morning video calls with family. The F31 Pro+ and F31 Pro feature a 50MP main camera with OIS, 2MP Monochrome camera and a 32MP selfie camera, while the F31 5G offers a 50MP rear camera, 2MP protrait camera and a 16MP front camera. OPPO Reno14 Series: The best AI travel camera phone The OPPO Reno14 Series, comprising Reno14 and Reno14 Pro, combines a powerful 50MP HyperTone camera system with a 3.5x telephoto lens, 4K HDR Video at 60fps across all lenses, and even an Underwater Photography Mode. It delivers a truly AI-first photography experience with the AI Editor 2.0 that includes features like AI Perfect Shot, AI Best Face, AI Recompose, AI Unblur, AI Reflection Remover, etc., ensuring professional-grade results with every shot. Built for style and strength, it features an aerospace-grade aluminium frame with IP66/68/69 ratings for water and dust protection. The Reno14 Pro can be purchased in Pearl White and Titanium Grey, while the Reno14 comes in Forest Green, Pearl White, and Mint Green color variants. The series is powered by the MediaTek Dimensity 8450 (Reno14 Pro) and MediaTek Dimensity 8350 (Reno14). What makes the Reno14 Series a travel-ready accessory is its lightweight design and long-lasting batteries – 6000mAh on Reno14 and 6200mAh on Reno14 Pro – with 5-year durable battery health and 80W SUPERVOOC™ fast charging. With AI HyperBoost 2.0 and AI LinkBoost 3.0, the series delivers smooth performance and reliable connectivity whether you are navigating city streets or remote trails. The Reno14 Series doubles as a smart assistant with ColorOS 15 that supports features like AI Mind Space, AI VoiceScribe, AI Translate, Circle to Search, etc., making it the perfect companion for adventures, creativity, and productivity. OPPO A Series: Engineered for everyday durability and performance The A Series is designed to deliver reliable performance, everyday innovation, and premium features, now available at a festive special starting price of ₹8999/-. The lineup offers segment-leading durability with IP65, IP66, IP68, and IP69 ratings, military-grade toughness, and reinforced 360° Armour Body with Sponge Bionic Cushioning. Powered by massive 6,000mAh battery, fast charging, and OPPO’s 5-Year Battery Health assurance, the A Series ensures lasting performance for work and entertainment. All models feature ultra-bright displays certified for 36-month fluency and come equipped with intelligent camera features such as Dual-View Video, AI Eraser 2.0, Reflection Remover, and Smart Image Matting 2.0. The range includes the stylish A5x, A5x 5G, the rugged A5 5G, and the ultra-tough A5 Pro 5G. FLIPKART BIG BILLION DAYS 2025 SPECIALS Also, as part of Flipkart Big Billion Days 2025, OPPO brings exclusive deals on the K Series, OPPO Enco Buds3 Pro, and OPPO Pad SE for customers. Running from 22nd to 2nd October 2025, these special offers are tailored to give customers added value during one of India’s most anticipated online shopping festivals. The OPPO K Series combines style, performance, and rugged design. The OPPO K13x 5G, now available in Mist White (limited edition) and Breeze Blue, features SGS Gold Drop Certification, MIL-STD 810H durability, AM04 aerospace-grade alloy, Crystal Shield glass, Sponge Shock Absorption System, and IP65 protection. It offers a 120Hz HD+ display, 6,000mAh battery with 45W fast charging, and AI-powered cameras. The OPPO K13 5G delivers flagship-level performance with a Snapdragon® 6 Gen 4 processor, 7,000mAh battery, 80W SUPERVOOC™ charging, 120Hz AMOLED display, and vapor chamber cooling. The K13 Turbo Series 5G, India’s only smartphone with a built-in cooling fan, is built for e-sports-level gaming with advanced thermal design and a 7,000mAh battery. The OPPO K Series is now available at its most attractive prices starting at just ₹9,999/- with No Cost EMI plans. OPPO also brings you unbeatable deals on two of its most versatile devices, the OPPO Pad SE and the OPPO Enco Buds3 Pro. The Pad SE, a sleek and powerful tablet with an 11-inch Eye-Care Display, massive 9340mAh battery with 33W SUPERVOOC™ charging, quad speakers with Hi-Res certification, and AI-powered productivity tools including Google Gemini integration, is designed for seamless entertainment, learning, and work on the go, now available at an exciting starting price of just ₹9900. Complementing it is the OPPO Enco Buds3 Pro, offering up to 54 hours of playback, TÜV-certified battery health, 12.4mm dynamic drivers for deep immersive sound, 47ms ultra-low latency for gaming, and IP55-rated durability, all at a special festive price of ₹1499/-. 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 organization, 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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