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    Government Notifies Inventory-based Cross-border E-Commerce Export Framework under Foreign Trade Policy 2023
    Customs official among 5 held for smuggling gold of Rs 1.44 crore at Indore airport
    Lok Sabha passes Bankers' Books Evidence Bill to replace colonial-era law
    Sensex gains 152 pts in volatile session as RBI keeps policy rates unchanged
    DRI seizes 364 metric tonne (MT) banned Pakistan-origin dry dates imports worth Rs. 3 crore
    Rupee gains 13 paise to close at 95.15 against US dollar post-RBI policy decision
    ED raids premises linked to ex-Andhra MLA Malla Vijaya Prasad in chit fund scam
    'Gungi gudiya' remark against Sunetra shows Cong's 'ideological bankruptcy': NCP leader Tatkare
    RBI holds interest rates for fourth straight meeting, awaits clearer inflation outlook
    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
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    August 5, 2026
    Show AI Summary
    Export-only e-commerce inventory framework enables seller exports through registered exporters while requiring traceability, timely payments and domestic-diversion controls.
    The export-only inventory framework permits eligible e-commerce entities to export through a registered Exporter-on-Record, which procures goods from Indian Sellers-on-Record against confirmed overseas orders and assumes export and destination-country compliance responsibilities. Inventory must be segregated, digitally traceable and cannot be diverted to domestic sale. The framework requires timely seller payments, visibility of overseas sales and shipment information, proportional pass-through of export rebates and refunds, annual compliance certification and digital records.
    August 5, 2026
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    Gold smuggling enforcement targets concealed foreign-origin gold, airport control evasion, and illicit railway transport under customs law.
    Gold smuggling enforcement operations under the Customs Act, 1962 involved alleged concealment and unlawful movement of foreign-origin gold. At an international airport, an alleged syndicate used an airline employee to transfer gold received from arriving passengers outside Customs and immigration controls, with gold disguised as silver-coloured bracelets. A separate railway operation concerned gold concealed in a specially made cloth waist belt and intended for delivery to a jeweller. The actions addressed concealment, evasion of Customs controls, and illicit transport of foreign-origin gold.
    August 5, 2026
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    Digital bank-record evidence gains a technology-neutral framework through expanded admissibility, certified authentication, and regulated production of bankers' books.
    The Bankers' Books Evidence Bill, 2026, modernises the evidentiary treatment of banking records by extending "bankers' books" to physical, electronic, digital, virtual and cloud-based records. It recognises electronic bank records as admissible evidence, allows production in physical or electronic form, and provides for standardised certificates authenticated by manual, digital or electronic signatures. The Bill also defines "special cause" for compelling bank officers to produce records or testify where the bank is not a party, and permits extension to specified financial-sector entities subject to conditions.
    August 5, 2026
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    Closing auction price discovery and unchanged policy rates shaped volatile equity trading amid inflation and geopolitical uncertainty.
    The Monetary Policy Committee retained the policy repo rate and neutral policy stance while seeking greater clarity on inflation risks from higher energy costs. Stock exchanges introduced the Closing Auction Session for eligible futures and options shares in the equity cash segment to determine closing prices through a more transparent and robust auction-based price-discovery mechanism. Equity markets showed volatile, limited gains amid geopolitical uncertainty, energy-price concerns, profit booking and the new mechanism's introduction.
    August 5, 2026
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    Pakistan-origin import prohibition covers third-country routing, false origin declarations, forged documents, and trans-shipment arrangements used to evade restrictions.
    The prohibition on direct or indirect import or transit of goods originating in or exported from Pakistan extends to goods routed through third countries and falsely declared as having another origin. Misdeclaration of country of origin, false descriptions, forged documentation, and trans-shipment arrangements may contravene that prohibition and invite action under the Customs Act, 1962. Dry dates declared as UAE-origin and Guggul resin declared as Somalia-origin were investigated as goods of Pakistan origin routed through Dubai.
    August 5, 2026
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    Foreign exchange stability measures support the rupee as policy continuity, capital inflows and global risk sentiment shape currency expectations.
    Foreign exchange market movement reflected a rupee appreciation against the US dollar following the monetary policy decision to retain the repo rate and neutral stance. Market sentiment was supported by softer crude oil prices, weakness in the US dollar, lower US Treasury yields and foreign equity inflows. The monetary policy framework sought to support capital inflows and maintain an orderly rupee trajectory, with geopolitical developments and US economic data remaining relevant to near-term exchange-rate expectations.
    August 5, 2026
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    Money-laundering investigation examines alleged proceeds from chit fund operations following searches linked to a former company managing director.
    A money-laundering investigation concerns alleged proceeds of crime arising from a multi-state chit fund operation associated with Welfare Building and Estates Pvt Ltd. The company is alleged to have collected investor deposits through investment schemes promising high returns before defaulting. Searches at premises linked to its former managing director form part of the inquiry into alleged laundering. The underlying alleged fraud had previously resulted in a CBI case and multiple police FIRs.
    August 5, 2026
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    Political restraint in public communications was urged, alongside adherence to principal-speaker protocol during press conferences and media interactions.
    Political restraint in public communications was urged after a social-media remark directed at Sunetra Pawar was criticised as ideologically irresponsible. It was stated that regret alone was insufficient and that leaders should exercise care in public comments. Press-conference protocol was also emphasised: the principal dignitary should respond to media questions, and those seated alongside should not participate in the interaction. Party colleagues were expected to act more responsibly in future media engagements.
    August 5, 2026
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    Neutral monetary policy stance continues as inflation clarity is awaited, alongside cooperative banking and lending-rate transparency measures.
    Monetary policy maintained the benchmark policy repo rate and a neutral stance pending clearer evidence that energy-cost pressures will generate broad-based inflation. Inflation is expected to rise temporarily due principally to food and fuel prices before moderating, while core inflation remains benign. The approach remains data-dependent, supported by two-way liquidity operations. Proposed measures include resuming urban cooperative bank licensing, revising rural cooperative bank credit-monitoring directions, and harmonising interest-rate regulation on advances across regulated entities to improve transparency and consumer protection.
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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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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