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    Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
    Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026
    Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
    Monthly review of accounts of Government of India upto June 2026 (FY 2026-27)
    DRI busts illegal drug manufacturing unit in Satara district in Maharashtra; two arrested
    CCI approves proposed combination inter alia involving share acquisition(s) and merger of certain entities e.g. AAPC India, Triguna, Caddie, SMPL, Tec...
    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
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    August 6, 2026
    Show AI Summary
    Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
    The proposed amendment to Section 10A of the Payment and Settlement Systems Act, 2007 replaces the existing income-tax-linked reference with a Central Government notification-based mechanism for electronic payment modes. It removes the current statutory restriction preventing banks and payment service providers from charging Merchant Discount Rate on notified modes, enabling the Government to permit charges for UPI and other digital payments. The policy rationale is to support funding for payment infrastructure and a sustainable revenue model for service providers.
    August 6, 2026
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    Neutral monetary policy stance continues as resilient growth and food-fuel inflation risks require close macroeconomic monitoring.
    The Monetary Policy Committee retained the policy repo rate and continued the neutral monetary policy stance, citing the need to assess evolving growth-inflation conditions. Domestic activity was assessed as resilient, supported by consumption, investment, credit, manufacturing, services and exports, although global uncertainty, energy prices, supply-chain pressures, geopolitical developments and monsoon conditions remain risks. CPI inflation increased mainly because of food and fuel pressures, while underlying inflation remained moderate. The Committee considered that price pressures were not yet generalised and reaffirmed its commitment to align inflation with the target.
    August 6, 2026
    Show AI Summary
    Closing auction price discovery and a neutral monetary policy stance shaped equity market conditions amid lower crude prices.
    The Closing Auction Session in the equity cash segment introduced an auction-based mechanism for determining closing prices of eligible shares with futures and options contracts, intended to make price discovery more transparent and robust. The Reserve Bank of India retained its neutral stance and left the benchmark policy rate unchanged, pending greater clarity on the inflationary effects of higher energy costs. Future policy decisions were stated to be data dependent.
    August 6, 2026
    Show AI Summary
    Monthly public accounts review records receipts, expenditure, tax devolution, interest payments, subsidies, and capital spending through June.
    Consolidated monthly accounts up to June 2026 report total receipts of Rs.10,49,243 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.2,63,336 crore. Total expenditure is Rs.13,57,076 crore, including revenue expenditure of Rs.10,16,818 crore and capital expenditure of Rs.3,40,258 crore. Revenue expenditure includes interest payments and major subsidies.
    August 6, 2026
    Show AI Summary
    Illicit psychotropic drug manufacture triggered seizure, apprehensions, and investigation into planned trafficking under narcotics control law.
    Illicit manufacture and trafficking of Alprazolam and Diazepam, psychotropic substances regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985, were detected at a clandestine facility. Searches recovered finished and intermediary substances, together with raw materials and reaction mixtures used in manufacture, and the goods were seized under the Act. The manufacturer and an intended buyer were apprehended, with material indicating a proposed transaction for further illicit trafficking. Preliminary investigation indicated prior involvement in illegal drug production and trafficking.
    August 6, 2026
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    Competition approval for hotel-sector consolidation covers share acquisitions and merger of Accor-branded hotel entities into InterGlobe Hotels.
    Competition approval was granted for related share acquisitions and the merger of AAPC India, Caddie, Triguna, Srilanand Mansions, Techpark and Accent into InterGlobe Hotels. The combination involves entities jointly controlled by the Bhatia Family Group and the Accor Group, including hotel-owning and developing entities, hotel management and franchising operations, leasing activities, and captive consultancy and support services relating to Accor-branded hotels in India.
    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
    Show AI Summary
    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
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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      HIGHLIGHTS

      September 26, 2025

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      New Delhi, Sep 26 (PTI) Following are the top stories at 9 pm: NATION DEL66 LADAKH-WANGCHUK-LD ARREST (6.12 PM)

      Police arrest climate activist Sonam Wangchuk in Leh Leh: Police on Friday arrested climate activist Sonam Wangchuk, two days after protests demanding Ladakh's statehood and Sixth Schedule status left four people dead and 90 injured in the Union Territory.

      CAL45 BH-LDALL PM (R) (8.17 PM)

      PM transfers Rs 10,000 each to 75 lakh women in poll-bound Bihar; accuses RJD of misrule in past Patna: Prime Minister Narendra Modi on Friday launched a sharp attack on the RJD, alleging that women had suffered immensely under its rule, and urged them to ensure that the Lalu Prasad-led party and its allies never return to power in Bihar.

      DEL94 WANGCHUK-LD REAX (8.27 PM)

      'Govt's witch-hunting agenda': Oppn parties slam Centre over Sonam Wangchuk's arrest New Delhi: Opposition parties on Friday slammed the Centre over the arrest of climate activist Sonam Wangchuk, alleging that the move "clearly exposes the government's witch-hunting agenda" and it is an "abysmal failure" to maintain law and order in the Union Territory of Ladakh.

      DEL89 MEA-INDIA-US-VISA (8.07 PM)

      Engaged with Trump administration, other stakeholders: India on H-1B visa fee hike New Delhi: India is engaged with the Trump administration and other stakeholders as Washington looks at framing rules to implement its decision to raise the application fee for H-1B visas to USD 100,000.

      DEL80 CH-IAF-3RD LD MIG-21 (7.37 PM)

      MiG-21 flies through Indian skies for last time, Rajnath terms it 'national pride' Chandigarh: The legendary Mikoyan-Gurevich MiG-21 fighter jets, the backbone of the Indian Air Force's combat fleet for more than six decades, streaked through Indian skies for the last time on Friday - its final adieu threaded through history and many a remembrance.

      CAL46 WB-2NDLDALL SHAH-ABHISHEK (7.12 PM)

      Shah bats for ‘Sonar Bangla’ after 2026 polls, Abhishek hits back with funds, ‘anti-Bengali’ charge Kolkata: Union Home Minister Amit Shah on Friday said he prayed before Goddess Durga for a change of guard in West Bengal after the 2026 assembly polls to build a 'Sonar Bangla', drawing a sharp retort from senior TMC leader Abhishek Banerjee, who accused the BJP of being "anti-Bengali" and starving the state of funds.

      DEL93 MHA-AFSPA (8.22 PM)

      AFSPA extended in parts of Manipur, Nagaland, Arunachal New Delhi: The Armed Forces (Special Powers) Act was on Friday extended for six months in entire Manipur, except the jurisdiction of 13 police stations, in view of the prevailing law and order situation there.

      DEL88 UP-POSTER ROW-2ND LD CLASH (8.05 PM)

      'I Love Muhammad' row: Police, locals clash after Friday prayers in Bareilly; over 2 dozen held Bareilly (UP): An announcement postponing a proposed demonstration in support of the "I Love Muhammad" campaign by cleric and Ittehad-e-Millat Council chief Tauqeer Raza Khan led to a clash between a large crowd and police outside a mosque in Bareilly on Friday. Police have taken more than two dozen people into custody, officials said.

      DEL78 MEA-INDIANS-US-LD DEPORT (7.21 PM)

      2,417 Indians deported from US since January: MEA New Delhi: Over 2,400 Indians have been deported from the US since January, the Ministry of External Affairs (MEA) said on Friday.

      DEL71 MEA-INDIA-NATO-LD BASELESS (6.42 PM)

      Unacceptable, entirely baseless: India on NATO chief's claims that PM Modi asked for Ukraine plan from Putin New Delhi: India on Friday described as "entirely baseless" NATO Secretary General Mark Rutte's remarks that Prime Minister Narendra Modi dialled Russian President Vladimir Putin and asked for the strategy on Ukraine in view of impact of Washington's punitive tariffs on India for its energy ties with Moscow.

      DEL82 MEA-INDIA-RUSSIA (7.41 PM)

      India calls upon Moscow to release 27 more Indians recruited by Russian military New Delhi: India has called upon Russia to release 27 more Indian nationals who were recently recruited into the Russian military.

      CAL41 BH-PRIYANKA-LD RALLY (6.33 PM)

      At her maiden solo rally in Bihar, Priyanka calls Rahul a 'real patriot' Motihari (Bihar): Congress general secretary Priyanka Gandhi Vadra on Friday called her elder brother a "real patriot" who travelled a distance of "4,000 kilometers on foot" to listen to common people and understand their problems.

      CAL40 AS-ZUBEEN-CID-NOTICES (6.12 PM)

      Zubeen Garg death: Assam CID asks witnesses to appear before it within 10 days Guwahati: Assam Police’s CID on Friday issued notices to people who were present or aware of the events leading to singer Zubeen Garg’s death in Singapore, asking them to appear within 10 days, a senior official said.

      DEL87 SL-ENVOY-LD INDIA (8.05 PM)

      India will remain a strong partner in Sri Lanka's journey ahead: Envoy Mahishini Colonne New Delhi: The ties between India and Sri Lanka have reached a point of "unprecedented excellence" since President Anura Kumara Dissanayake's visit to India and Prime Minister Narendra Modi's visit to Sri Lanka, the island nation's envoy Mahishini Colonne said on Friday. By Kunal Dutt

      MDS15 KA-CASTE CENSUS-LD SIDDARAMAIAH (4.20 PM)

      Caste census: Karnataka CM says technical issues nearly sorted, survey to proceed in full swing Bengaluru: Karnataka Chief Minister Siddaramaiah on Friday said the technical issues affecting the Social and Educational Survey-widely referred to as the "caste census"-have "almost been sorted out" and that the survey will proceed in a full-fledged manner.

      DEL76 CONG-MANMOHAN-LD LIBRARY (RPT) (7.42 PM)

      Manmohan Singh library with 1,200 books opens; encapsulates journey of country, Cong New Delhi: Sections dedicated to Mahatma Gandhi, Jawaharlal Nehru, Sardar Vallabhbhai Patel and Indira Gandhi, multiple volumes of "The Encyclopedia of the Congress", as well as the party's poll manifestoes, are part of a library named after former prime minister Manmohan Singh in the Congress headquarters.

      DEL69 PM-LD FADNAVIS (6.36 PM)

      Maharashtra CM Fadnavis meets PM Modi, seeks help for rain-hit farmers New Delhi: Maharashtra Chief Minister Devendra Fadnavis on Friday met Prime Minister Narendra Modi and urged him to help farmers who have faced losses due to heavy rains that lashed the state recently.

      BOM3 MH-RAINS-MARATHWADA-AID (11.53 AM)

      Govt allots Rs 1,500 cr for aid to Marathwada farmers hit by heavy rains from May to Aug Chhatrapati Sambhajinagar: The Maharashtra government has allotted Rs 1,500 crore for disbursal of aid to farmers, who suffered crop losses due to heavy rains between May and August this year in the Marathwada region of the state, a senior official said.

      MDS22 TN-UP FUNDS-2NDLD MINISTER (7.38)

      TN Minister TRB Rajaa claims 'UP lives out of TN's tax funds' Chennai: Uttar Pradesh 'lives' by way of money paid as tax contribution by Tamil Nadu to the Centre and this is the truth, Tamil Nadu Industries Minister TRB Rajaa has claimed.

      BOM14 CG-STEEL PLANT-LD COLLAPSE (7.29 PM)

      Six dead, six injured as structure in Chhattisgarh steel plant collapses; more feared trapped Raipur: Six workers were killed and as many injured when the roof of a structure at a private steel plant collapsed in Chhattisgarh's capital Raipur on Friday, police said.

      LEGAL LGD12 SC-JSW-LD BHUSHAN STEEL (1.40 PM)

      SC upholds JSW Steel’s resolution plan for debt-ridden Bhushan Power and Steel Ltd New Delhi: The Supreme Court on Friday upheld JSW Steel’s Rs 19,700-crore resolution plan for debt-ridden Bhushan Power and Steel Limited (BPSL), bringing down curtains to a prolonged legal battle that spanned nearly eight years.

      LGD10 DL-HC-WANKHEDE-LD SERIES (1.13 PM)

      Delhi HC grills Sameer Wankhede over maintainability of plea against web series New Delhi: The Delhi High Court on Friday grilled IRS officer and former NCB zonal director Sameer Wankhede over the maintainability of his defamation suit against actor Shahrukh Khan and his wife Gauri Khan owned Red Chillies Entertainment and Netflix for allegedly maligning his reputation in their series 'The Ba

      ds of Bollywood'.

      LGD22 SC-GREEN CRACKERS (3.41 PM)

      SC gives conditional nod to green crackers, asks Centre to devise mechanism New Delhi: The Supreme Court on Friday allowed certified manufacturers to produce green crackers on the condition that their sale is not carried in Delhi-NCR without approval.

      LGD21 SC-ABBAS ANSARI (3.35 PM)

      SC relaxes bail condition of MLA Abbas Ansari in gangster case, allows him to travel outside UP New Delhi: The Supreme Court on Friday relaxed the bail conditions imposed on MLA Abbas Ansari in a UP Gangsters Act case and allowed him to travel outside the state with prior intimation to the investigation officers.

      LGD19 SC-LD MAOIST (3.02 PM)

      SC orders Chhattisgarh to preserve body of top Maoist leader after plea claims fake encounter New Delhi: The Supreme Court on Friday directed the Chhattisgarh government to preserve the body of top Maoist commander Katha Ramchandra Reddy, who was killed in an alleged fake police encounter in Narayanpur district.

      LGD32 SC-LD SUO MOTU-POLICE STATIONS (4.46 PM)

      SC poses queries to Rajasthan in suo motu case over lack of functional CCTVs in police stations New Delhi: The Supreme Court on Friday posed questions to the Rajasthan government and directed it to apprise about the number of CCTV cameras installed in each police station across the state.

      LGD43 DL-HC-LD ADANI JOURNALISTS (8.17 PM)

      Delhi HC orders status quo on removal of content on Adani New Delhi: The Delhi High Court on Friday ordered status quo on the removal of social media posts on Adani Group of Companies by senior journalist Ravish Kumar and digital news platform Newslaundry.

      LGD39 DL-COURT-2ND LD GODMAN BAIL (6.30 PM)

      Court junks pre-arrest bail plea of self-styled godman in forgery case New Delhi: A Delhi court on Friday dismissed the anticipatory bail plea of self-styled godman Chaitanyananda Saraswati in an alleged cheating, forgery and criminal conspiracy case against him.

      LGD42 DL-HC-LD KARISMA (8.00 PM)

      Delhi HC allows Sunjay Kapur'€™s wife Priya to file property papers in sealed cover New Delhi: The Delhi High Court on Friday allowed late Sunjay Kapur's wife Priya Kapur to file the list of his assets in a sealed cover and suggested the parties involved in the property dispute before it, not to share details with the media.

      FOREIGN FGN60 US-TRUMP-3RDLD SHARIF (7.56 PM)

      Pak PM and Army chief meet Prez Trump at White House; discuss regional security, other issues New York/Islamabad: US President Donald Trump met with Pakistani Prime Minister Shehbaz Sharif and Army Chief Asim Munir at the White House, where they discussed regional security, counter-terrorism cooperation and other issues.

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