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    Rupee gains 20 paise to close at 95.08 against US dollar post-RBI policy decision
    TN Budget: Revenue deficit at Rs 55,775 crore, fiscal deficit estimated at Rs 1,21,819 crore
    Tatkare slams ‘gungi gudiya’ jibe against Sunetra; Cong says row being exploited for political gains
    RBI invites public comments on Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks
    Pakistan-origin dry dates, routed through UAE, seized at Kandla port
    RBI keeps rates unchanged, retains neutral stance; outlook uncertain on El Nino, geopolitical risks
    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
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    August 5, 2026
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    Rupee appreciation followed unchanged monetary policy, lower crude prices, weaker dollar and expectations of orderly exchange-rate management.
    The rupee strengthened after the central bank maintained its policy rate and neutral monetary-policy stance. Lower crude oil prices, a weaker US dollar and declining US Treasury yields supported investor sentiment. Earlier measures to attract capital inflows remained part of the framework supporting the rupee, while the central bank stressed its endeavour to preserve an orderly currency trajectory. Future movement was linked to geopolitical de-escalation, global risk sentiment and US economic data.
    August 5, 2026
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    Fiscal consolidation through revenue mobilisation and leakage control aims to reduce deficits while expanding capital expenditure capacity.
    Tamil Nadu's Revised Budget Estimates for 2026-27 project a revenue deficit and fiscal deficit, with outstanding liabilities comprising public debt and public-account liabilities. Revenue mobilisation is proposed through improved tax administration, collection efficiency, closure of leakages, liquor-manufacturer privilege fees, and eligible Union grants. The strategy projects gradual deficit reduction to create room for capital expenditure, supported by expenditure reforms aimed at eliminating leakages, optimising expenditure, and improving service delivery.
    August 5, 2026
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    Political criticism of public office-holders raises debate over media accountability, personal remarks, and acceptable public discourse.
    Political criticism followed a social-media post describing Maharashtra Deputy Chief Minister Sunetra Pawar as "gungi gudiya" in connection with a press interaction on law-and-order issues in Beed district. Congress representatives stated that the post was not a personal insult, had been deleted after adverse reactions, and was followed by an expression of regret. NCP representatives termed the expression inappropriate and stressed that the principal dignitary should conduct media interactions. Shiv Sena (UBT) representatives described the phrase as not unparliamentary and linked it to criticism of a guardian minister's public responsibilities.
    August 5, 2026
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    On-tap licensing for Urban Co-operative Banks enters public consultation through draft guidelines inviting stakeholder feedback.
    Draft guidelines for 'on tap' licensing of Urban Co-operative Banks have been issued for public and stakeholder consultation. Comments and feedback may be submitted until September 05, 2026, through the designated online consultation facility or by written or email submission to the specified regulatory department.
    August 5, 2026
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    Prohibition on indirect Pakistan-origin imports targets alleged origin misdeclaration and UAE routing used to circumvent trade restrictions.
    Import prohibition on goods originating in Pakistan applies to direct and indirect imports under the Foreign Trade Policy, 2023. Pakistan-origin dry dates routed through the UAE were allegedly declared as UAE-origin goods for import, and were intercepted under the Customs Act, 1962. Investigation indicated that the goods were first sent from Pakistan to Dubai, re-containerised, and then exported to India. A separate interception involved Pakistan-origin guggul resin allegedly declared as Somali natural resin and routed through Dubai.
    August 5, 2026
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    Neutral monetary policy stance keeps benchmark rates unchanged while inflation risks, liquidity management and consumer-protection reforms remain under review.
    Monetary policy maintains the benchmark policy rate unchanged and retains a neutral stance, with future decisions guided by incoming data. The central bank remains committed to aligning headline inflation with its medium-term target while monitoring food, fuel and other input-cost risks. Surplus liquidity will be managed through two-way operations, and the regulatory framework for interest rates on advances is proposed to be harmonised and standardised across regulated entities to improve transparency and consumer protection.
    August 5, 2026
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    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
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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.

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      Anil Agarwal from BloggersPassion Acquires WP Coupons Plugin, Launches Free Version for Affiliate Marketers

      September 23, 2025

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      Anil Agarwal, the most celebrated affiliate marketing and SEO expert of India, has added another feather to his cap by acquiring and revolutionising a plugin. He has recently acquired a coupon at WP Coupons that was developed by Brian Jackson (former CMO of Kinsta) and his brother Brett. While he had completed the acquisition earlier this year (January 2025), he relaunched it with certain huge changes. This includes introducing a fresh version in the WordPress plugins directory. Thus, it has evolved to help growing affiliate marketers and bloggers to improve their conversions. Anil Agarwal and BloggersPassion: A Journey Worth Inspiring Anil Agarwal has been a renowned personality in India's digital marketing sector for more than a decade. With his flagship blog, BloggersPassion.com, Agarwal has helped thousands of amateur bloggers and marketers to learn practical SEO, content monetization, and affiliate marketing. Some of the notable highlights of his work include sharing details about free link building and keyword research, which fewer experts tend to disclose. Besides, his own success story is built on impressive facts. This is because BloggersPassion yields more than $15,000 monthly revenue, mainly from affiliate collaborations. So, it is one of the most successful affiliate-driven blogs based in India. Throughout the decade, Anil has won several accolades as he was recognized as the top affiliate for many global SEO brands. One of them includes Semrush, through which he demonstrated his ability to drive conversions in a competitive sector consistently. Moreover, his expertise and years of experimentation with affiliate marketing strategies have made him capable of investing in tools that effectively solve the practical problems of bloggers. Consequently, the acquisition of WPCoupons.io aligns with his vision. WP Coupons: Built by Affiliates, for Affiliates Brian and Brett Jackson had developed WP Coupons to be a clean, fast, and SEO-friendly plugin for affiliate marketers. It was built with the purpose of supporting their own affiliate websites, yet it quickly became the marketer’s favorite. This is because the latter also wanted a simple yet effective way to display coupons, deals, and discount codes on WordPress sites. Even after the acquisition, Agarwal has kept the plugin’s USP constant, which is no unnecessary bloat, simple features, and only the necessary tools needed to display coupons such that they improve clicks and conversions. Hence, the design of the tool focuses on speed, simplicity, and results; all of which matter the most for affiliate marketers. Anil's deal and relaunch ensure that the tool remains relevant with updates that marketers need in 2025 and beyond. Features That Ensure Better Conversions Anil's relaunch of WP Coupons introduces several features that will maximize affiliate marketing campaigns' performance. Some of them include: • Easy-to-use coupon layouts that need no coding. • “Click to Reveal” feature similar to platforms like RetailMeNot for improving user engagement and CTRs. • Compatible with both shortcodes and Gutenberg blocks for flexible integration in any WordPress site. • Mobile-optimized site with a lightweight design that ensures speed and accessibility. • A 100% free version is available in the WordPress directory, enabling bloggers to have a no-cost solution for coupon management. Further, Anil has also focused on the biggest challenges of affiliate marketers, that is, poor presentation of deals and offers. This also leads to lost clicks and weak conversions. Here's where Agarwal’s tools directly address this gap by making coupons more attractive and interactive. The latter encourages visitors to act. Anil's Strategic Vision Behind the Acquisition Anil's decision behind this acquisition is attributed to his decade-long experience in blogging and affiliate marketing, plus the pain points he experienced for others. His humbleness lies in the fact that with this, he tends to simplify affiliate marketing for beginnings. It is justified by the fact that the tool is more about conversions than being about discounts. Moreover, as presentation matters in user experience, WP Coupons solves this issue as well. Anil Agarwal’s team ensures that each blogger, irrespective of their budget, has a reliable tool to improve their earnings. Such a grounded approach demonstrates Agarwal’s committed nature as a digital entrepreneur and his vision to create accessible yet impactful solutions. Early Growth and Milestones The relaunch of WP Coupons has shown incredible results. Agarwal had even revealed that the plugin’s website had achieved a significant milestone by crossing 1000 clicks from Google Search in 28 days. During that short time, the site had recorded over 80k impressions, a 1.3% CTR, and an average position of 17 in search rankings. Though Agarwal acknowledges that growth is gradual, he emphasized that he achieved it organically without any ad spend. With a decent initial growth phase, he tends to make it a go-to solution for affiliate marketers globally. WP Coupons' Impact on the Blogging and Affiliate Community The launch of a free version of WP Coupons is one of the significant milestones in the WordPress ecosystem. Bloggers and affiliate marketers have been struggling with bloated and expensive coupon management solutions for years. Hence, with the provision of a streamlined, SEO-friendly option, Agarwal has lowered the entry barrier for affiliates who want to improve conversions. Additionally, industrial critics observe that this move also signifies the increasing influence of Indian entrepreneurs in the global WordPress and affiliate tools market. This Indian-led acquisition and relaunch of a plugin that was initially created in the United States already sheds light on the increasing international nature of digital entrepreneurship. Founder’s Perspective Anil Agarwal's perspective is to provide practical results to marketers at no cost. He wanted to give back to the community and help them, hence he launched it for free in the WordPress directory. Being an experienced marketer and expert, he understands the significance of continuous learning and innovation in affiliate marketing. As he understands how coupons work in every aspect, the plugin is built to increase conversions by providing a clean, user-friendly way to display deals. The Bottom Line Anil Agarwal's acquisition and relaunch of WP Coupons marks an important milestone in his entrepreneurial journey and the broader affiliate marketing community. By turning a proven niche plugin into a free, accessible, and growing resource, Agarwal has demonstrated his capability of combining vision and execution. Thus, his strategic leadership is playing a crucial role in shaping the future of affiliate marketing on WordPress. (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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