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    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
    Markets climb in early trade on falling crude oil prices; RBI monetary policy decision awaited
    Rupee jumps 39 paise to 94.89 against US dollar ahead of RBI monetary policy decision
    Punjab govt committed to paying all valid dues; legal options being examined: FM Cheema
    ED searches multiple locations in Punjab, Chandigarh in PMLA case against PSIEC officials
    Rupee gains 9 paise against US dollar
    India, US working towards interim trade agreement: MEA
    Govt to adopt appropriate measures to mitigate fuel price volatility: MoS Finance
    Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LS
    Champion Mirabai Chanu Unveils MMTC-PAMP's 'Virasat' Recycled Gold Coin to Celebrate India's 80th Year of Independence
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    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
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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
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    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
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    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.
    August 5, 2026
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    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
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    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
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    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
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    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.
    August 5, 2026
    Show AI Summary
    Monetary policy expectations shape equity sentiment as softer crude prices and foreign investment support domestic financial assets.
    Equity market sentiment improved in early trading as lower crude oil prices and foreign fund inflows supported benchmark indices, while investors awaited the monetary policy decision. Softer crude prices, rupee recovery, improving global risk sentiment, resilient economic growth, corporate earnings and sustained foreign portfolio investment supported domestic financial assets, despite continuing global and geopolitical uncertainties.
    August 5, 2026
    Show AI Summary
    Foreign exchange market movement strengthens as lower crude prices and monetary policy signals influence the rupee's direction.
    Foreign exchange market movement saw the rupee appreciate against the US dollar in early trading, supported by lower crude oil prices, a softer dollar index, domestic equity gains and net foreign institutional investment. Market attention centred on the Reserve Bank of India's monetary policy decision, with expectations of an unchanged benchmark repo rate. Policy communication on inflation and developments in Hormuz-related talks were identified as factors that could influence the rupee's direction.
    August 4, 2026
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    Dearness allowance arrears must be cleared promptly, while the government examines legal remedies and continues its structured liquidation plan.
    Pending dearness allowance arrears of government employees and pensioners are to be cleared within a fortnight, with restraint on unproductive expenditure until admissible dues are paid. The government states that it will pay constitutionally and legally valid dues while examining the judgment, precedents and possible legal remedies. It attributes the arrears to delayed pay commission implementation and frozen dearness allowance, and states that a structured liquidation plan has been prepared and partly implemented.
    August 4, 2026
    Show AI Summary
    Money-laundering investigation examines alleged fraudulent industrial plot allotments, benami holdings and diversion of plots to residential use.
    A money-laundering investigation under the Prevention of Money Laundering Act examines alleged irregularities in industrial-plot allotments involving corporation officials, private persons, property dealers and alleged benamidars. The inquiry concerns alleged use of fictitious firms and false addresses to obtain plots, allotments to relatives and associates, and alleged diversion or change of land use from industrial to residential purposes. These activities are alleged to have generated private gains while causing loss to the public exchequer.
    August 4, 2026
    Show AI Summary
    Rupee exchange-rate movement gains support from capital inflows, while oil prices, dollar strength and monetary policy shape sentiment.
    Rupee exchange-rate movement was supported by foreign capital inflows and improved global risk sentiment, while elevated crude-oil prices and a stronger US dollar constrained gains. Market attention shifted to monetary policy, overseas dollar-deposit incentives and easier foreign access to government bonds, which were reported to support capital inflows and India's external position. A cautious approach to the benchmark repo rate was expected amid assessment of the West Asia conflict.
    August 4, 2026
    Show AI Summary
    Interim bilateral trade agreement negotiations continue as both sides work to finalise unresolved issues in the proposed arrangement.
    Interim bilateral trade agreement negotiations between India and the United States are continuing. Both sides have undertaken substantial work, while certain issues remain to be finalised before completion of the proposed interim trade arrangement. A United States Trade Representative delegation visited India to advance discussions. The text records the status of negotiations and identifies no concluded agreement or operative customs measure.
    August 4, 2026
    Show AI Summary
    Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
    Fuel-price volatility is to be mitigated through fiscal and administrative measures that protect consumers while maintaining fiscal sustainability. The approach includes monitoring revenue and expenditure, reprioritising spending, and using fiscal measures when economic conditions require. Reduced central excise duty on petrol and diesel moderated the impact of elevated international crude prices and partly offset under-recoveries of public-sector oil marketing companies. Longer-term measures include revenue mobilisation, import diversification, Strategic Petroleum Reserves, cleaner fuels and energy efficiency.
    August 4, 2026
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    Tax policy certainty reforms propose easier fund management, data-centre access, electronics incentives and revised electronic-payment charging rules.
    The proposed Bill seeks to simplify conditions for foreign investment funds using fund managers in India without being treated as carrying on business in India, while retaining safeguards against misuse and round-tripping. It proposes removal of approval requirements for foreign cloud companies using Indian data centres and permits leased operation of Indian data centres. It also extends tax support for foreign companies participating in electronics contract manufacturing and component warehousing, preserves tax-free dividends for REIT and InvIT investors in specified circumstances, and removes the prohibition on Merchant Discount Rate charges for notified electronic payment modes.
    August 4, 2026
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    Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
    Responsible precious-metals recycling is promoted through a commemorative recycled-gold coin intended to support domestic recycling, responsible sourcing and a self-reliant supply chain. The product is described as having certified purity authentication, tamper-proof packaging, a unique identification number and an assayer-certified minted card. The initiative seeks to reduce dependence on imported gold and expand organised, transparent recycling infrastructure. An organised silver buyback programme is also described as supporting secure consumer sales and a circular economy for precious metals.

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      HIGHLIGHTS

      September 27, 2025

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      New Delhi, Sep 27 (PTI) Following are the top stories at 9.30 pm: NATION DEL31 LDALL LADAKH (8.35 pm)

      Curfew relaxed for few hours in Leh town; DGP says Wangchuk being probed for alleged Pak links Leh: Authorities allowed a four-hour relaxation in curfew on Saturday in violence-hit Leh in Ladakh, the first easing of restrictions after three days, while an uneasy calm prevailed in the region with authorities stepping up security a day after climate activist Sonam Wangchuk was detained under the NSA and lodged in a Jodhpur jail.

      CAL49 OD-LDALL PM (7.59 pm)

      PM says BJP brought era of 'double savings double income', saved India from Cong’s ‘loot’ Jharsuguda: Prime Minister Narendra Modi on Saturday asserted that the BJP-led government at the Centre ensured “double bachat (saving) and double kamai (income)” for people through its polices and the recent GST rate rationalisation, and saved the nation from the "culture of loot" prevalent during the Congress regime.

      DEL20 UP-MUHAMMAD-LD CONTROVERSY (5.19 pm)

      UP: Tensions escalate in Barabanki, Mau districts after Bareilly clashes; forces deployed Bareilly/Barabanki/Varanasi: Tensions escalated in Barabanki and Mau districts as protests over the "I Love Muhammad" campaign turned violent in Bareilly with police carrying out overnight house-to-house raids to nab the culprits and arresting a prominent cleric.

      MDS53 TN-VIJAY-RALLY CASUALTIES (9.23 pm)

      Vijay's rally: At least 10 feared dead Karur: At least 10 persons, including children, were feared dead due to a stampede-like situation in actor-politician Vijay's heavily crowded rally here on Saturday.

      DEL19 UP-CLERIC-2NDLD ARREST (5.18 pm)

      'I Love Muhammad' row: Cleric Tauqeer Raza, 7 others sent to judicial custody over violence in Bareilly Bareilly: Police have arrested eight persons, including local cleric and chief of Ittehad-e-Millat Council Tauqeer Raza Khan, whose call for a protest supporting the 'I love Muhammad' campaign led to a violent clash between demonstrators and police after Friday prayers in Bareilly, officials said on Saturday.

      DEL12 CONG-PM-BIHAR (4.02 pm)

      PM now indulging in 'vote revdi' along with 'vote chori': Cong dig on Rs-10,000 to Bihar women New Delhi: The Congress on Saturday took a swipe at Prime Minister Narendra Modi over the government's scheme to provide Rs 10,000 to 75 lakh women of Bihar, alleging that along with "vote chori" he is now indulging in "vote revdi" too.

      BOM20 MH-RAIN-LD ADVISORY (8.35 pm)

      Heavy rainfall warning issued for Maharashtra till Sep 30 Mumbai: The Maharashtra government has issued an advisory urging people to remain cautious amid a forecast of heavy to very heavy rainfall across several parts of the state till September 30.

      DEL30 UNESCO-BIOSPHERE-INDIA (8.26 pm)

      India's Cold Desert Biosphere Reserve designated by UNESCO Shimla/New Delhi: India's Cold Desert Biosphere Reserve, perched high in the trans-Himalayan region, is among the 26 new biosphere reserves across several countries, designated by UNESCO, the world body announced on Saturday.

      DEL33 CBI-LD BUILDERS (8.47 pm)

      CBI crackdown on builders, officials of financial institutions nexus: 6 FIRs, searches New Delhi: The CBI on Saturday conducted searches at 12 locations in Kolkata, Bengaluru and Mumbai after registering six fresh cases against builders and officials of financial institutions for allegedly cheating and defrauding homebuyers, officials said.

      CAL48 DEF-ARMY-MOUNTAIN (6.43 pm)

      Armymen scale Arunachal's highest peak Mt Gorichen Itanagar: Soldiers of the Indian Army's Spear Corps successfully scaled the 6,488-metre-high Mount Gorichen, the highest scalable peak in Arunachal Pradesh.

      DEL9 PAR-COMMITTEES (3.13 pm)

      Government mulling two-year tenure for parliamentary committees New Delhi: Government is mulling extending the tenure of parliamentary standing committees to two years, after some lawmakers complained that the current one-year term was too short to make any meaningful contribution.

      CAL40 BH-SHAH-LD BJP (4.44 pm)

      Rahul, Lalu want to secure voting rights for infiltrators: Shah to BJP workers in Bihar Patna/Araria: Union Home Minister Amit Shah on Saturday charged the Congress leader Rahul Gandhi and his allies like RJD president Lalu Prasad with trying to "secure voting rights for infiltrators".

      BOM10 CG-NAXAL-WEAPONS FACTORY (2.11 pm)

      Major Maoist arms and explosives manufacturing unit destroyed in Chhattisgarh's Sukma Sukma: A Maoist "ordnance factory" engaged in manufacturing weapons and explosives to target security forces has been destroyed in Chhattisgarh's Sukma district, a police official said on Saturday.

      BOM11 MH-LD BHAGWAT (2.29 pm)

      RSS prayer a collective resolve of devotion to motherland: Bhagwat Nagpur: Rashtriya Swayamsevak Sangh chief Mohan Bhagwat said on Saturday that the organisation's 'prarthana' is a prayer to Bharat Mata and a collective resolve of Sangh volunteers towards the country and god.

      CAL44 AS-ZUBEEN-LD HIMANTA (5.39 pm)

      Lookout notices issued against NE fest organiser, manager in Zubeen's death case: Himanta Guwahati: Assam Chief Minister Himanta Biswa Sarma said on Saturday that lookout notices have been issued against North East India Festival organiser Shyamkanu Mahanta and Zubeen Garg's manager Siddharth Sharma in the singer's death case.

      CAL32 MG-KOM-BURGLARY (2.32 pm)

      Burglary reported at boxer Mary Kom's Delhi home while she was in Meghalaya for marathon Shillong: Thieves struck at the Delhi residence of six-time world boxing champion Mary Kom on Saturday while she was away in Meghalaya attending a marathon event at Sohra, officials said.

      LEGAL LGD11 DL-COURT-2NDLD BMW ACCIDENT (8.09 pm) BMW accident: Delhi court bail to accused, says allegation of culpable homicide on weak footing New Delhi, Sep 27 (PTI) A court here on Saturday granted bail to Gaganpreet Kaur, the key accused in the BMW incident, saying the accident's CCTV footage showed the allegation of culpable homicide was on a "fragile foundation." LGM2 KA-HC-RUSSIAN WOMAN (4.14 pm)

      Karnataka HC allows Russian woman, daughters found in cave to return home Bengaluru: The Karnataka High Court on Friday permitted the Union Government to issue travel documents to facilitate the return of a Russian woman and her two minor daughters who had been discovered living in a cave in coastal Karnataka.

      FOREIGN FGN14 UN-LD INDIA (8.58 am)

      Pak military pleaded for cessation of fighting during Operation Sindoor: India United Nations: Pakistan’s military “pleaded” for a cessation of fighting during Operation Sindoor in May, India has said in a hard-hitting response from the United Nations General Assembly, asserting that there is “no room for any third party” to intervene in issues between New Delhi and Islamabad. By Yoshita Singh

      FGN30 US-BRICS-STATEMENT (5.56 pm)

      BRICS nations express concern over indiscriminate rising of tariffs, coercive measures that threaten global trade United Nations/New York: The BRICS nations have expressed concern over the proliferation of trade-restrictive actions in the form of “indiscriminate rising" of tariffs, particularly measures used as a means of “coercion”, cautioning that such practices risk marginalising the Global South countries. By Yoshita Singh

      FGN38 NEPAL-OLI (8.22 pm)

      Deposed PM Oli speaks publicly for first time since ouster, denies giving shooting order during 'Gen Z' protest in Nepal Kathmandu: Nepal's deposed prime minister K P Sharma Oli on Saturday denied giving shooting orders during the 'Gen Z' protests, as he spoke publicly for the first time since his ouster earlier this month. By Shirish B Pradhan

      FGN32 IBSA-ISRAEL-GAZA-CONDEMN (6.15 pm)

      IBSA strongly condemns Israeli attack on Gaza; deplores 'use of starvation' as method of warfare New York: India, Brazil and South Africa have strongly condemned the ongoing Israeli attacks on Gaza and expressed grave concern over the situation in the "occupied" Palestinian territory.

      FGN27 PAK-SAUDI-DEFENCE (4.50 pm)

      Pak says defence pact with Saudi 'formalised' relationship that was 'transactional' Islamabad: Pakistan’s Defence Minister Khawaja Asif has said that the recently signed strategic mutual defence pact with Saudi Arabia has “formalised” a relationship between the two countries that was previously “a bit transactional”. By Sajjad Hussain

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