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    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
    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
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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
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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
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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.

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Upgrade Your Home This Dussehra - Explore Appliances for Every Need

October 1, 2025

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Pune, Maharashtra, India (NewsVoir) Dussehra is not just a festival that marks the victory of good over evil - it is also considered an auspicious time to bring positivity and good fortune into our lives. Many families take this opportunity to refresh their homes and invest in new home essentials. From smart washing machines and energy-saving refrigerators to the latest smart TVs and air conditioners, shoppers have plenty of choices to elevate everyday living. Bajaj Finserv ensures that upgrading your home is light on the pocket. Customers can choose from a wide range of electronics and appliances at any of Bajaj Finserv’s 1.5 lakh+ partner stores across 4,000 cities in India. They can opt for the Bajaj Finserv Easy EMI Loan of up to Rs. 5 lakh, which spreads the cost into small, manageable monthly payments. On select products, zero down payment is also available, so customers can take home their appliance without paying anything upfront. What makes this even better is the ongoing Blockbuster EMI Days, running from 15th September to 31st October 2025, let customers enjoy attractive discounts and choose from over 50 EMI schemes, making Dussehra shopping easier, smarter, and more rewarding. Home essentials that bring comfort and convenience to every household Bajaj Finserv partner stores offer a wide range of home appliances to meet the needs of every family. From essential everyday items to smart, energy-saving gadgets, there is something for everyone. These appliances are designed to make life easier, save time, and bring comfort to every home this Dussehra. • Washing machines: Choose from top-load or front-load models that make laundry faster and more efficient. Many models come with energy-saving features, multiple wash programs, and user-friendly controls, helping families save both time and electricity. • Refrigerators: Available in single-door, double-door, and side-by-side designs, these fridges keep food fresh longer. Energy-efficient models reduce electricity bills while ensuring enough space for festive treats and daily essentials. • Air conditioners: Stay cool and comfortable throughout the year with split, inverter, or window ACs. These units are designed for efficiency, quiet operation, and easy maintenance, perfect for beating the summer heat. • Smart televisions: Upgrade home entertainment with HD and 4K smart TVs. They offer vivid picture quality, smart connectivity, and easy access to streaming platforms, making family movie nights more enjoyable. • Microwaves and small appliances: From microwaves to mixers and juicers, these appliances simplify cooking and meal preparation. Fast, convenient, and easy to use, they save time in the kitchen while helping create delicious festive dishes. Top-selling home appliances and their prices This Dussehra, explore the price list of India’s most popular home appliances. From energy-efficient refrigerators and smart TVs to washing machines and air conditioners, find top models with their prices and Easy EMI options for quick and easy purchases. Washing machines 1. Croma 6.5 kg 5 Star Fully Automatic Top Load Washing Machine With a 5-star energy rating, this model combines performance with energy efficiency. Its sleek design and advanced features make laundry tasks effortless. • Price: Rs. 11,490 • Easy EMI starting at: Rs. 957/month 2. LG 6.5 KG Fully Automatic Top Load Washing Machine T65SPSF2Z This compact washing machine is ideal for small to medium-sized families. It offers multiple wash programs and a user-friendly interface, ensuring efficient cleaning. • Price: Rs. 17,280 • Easy EMI starting at: Rs. 1,421/month Refrigerators 1. Godrej RD EMARVEL 290C 268L 3 Star Direct Cool Single Door Refrigerator Featuring Turbo Cooling and a Farm Fresh Crisper, this model is designed to keep your food fresh longer. Its stylish Fusion Wine finish adds elegance to your kitchen. • Price: Rs. 20,790 • Easy EMI starting at: Rs. 1,732/month​ 2. LG 260L 3 Star Smart Inverter Frost-Free Double Door Refrigerator This refrigerator boasts a spacious interior with smart inverter technology, ensuring consistent cooling and energy savings. Its sleek design complements modern kitchens. • Price: Rs. 28,490 • Easy EMI starting at: Rs. 2,374/month Air conditioners 1. Daikin 1 Ton 3 Star Split AC (Model: RKL35UV16W) This air conditioner offers efficient cooling with a 3-star rating, making it suitable for medium-sized rooms. Its split design ensures quiet operation. • Price: Rs. 32,872 • Easy EMI starting at: Rs. 1,826/month​ 2. Panasonic 1.5 Ton 3 Star Inverter Split AC (Model: CU-EU18BKY3F) Equipped with a 7-in-1 convertible feature, this inverter AC provides flexible cooling options. Its energy-efficient design ensures lower electricity bills. • Price: Rs. 35,697 • Easy EMI starting at: Rs. 2,975/month Televisions 1. Samsung 43 inch 4K Ultra HD Smart LED TV (Model: 55CU8000) This smart TV delivers stunning 4K visuals with HDR support. Its sleek design and smart features make it a perfect addition to any living room. • Price: Rs. 24,990 • Easy EMI starting at: Rs. 2,500/month​ 2. Sony BRAVIA 55 inch 4K Ultra HD Smart LED Google TV Experience cinematic quality with this 4K UHD TV. Its Google TV interface offers seamless streaming and smart connectivity. • Price: Rs. 43,300 • Easy EMI starting at: Rs. 3,608/month Disclaimer: The features, availability, and pricing of each model are subject to change and may vary. For the most accurate and up-to-date information, please visit the official website. These home appliances are available at Bajaj Finserv partner stores across India. Customers can select the model that suits their home and budget and use Bajaj Finserv’s options to bring comfort and convenience into their homes. Bigger savings with the Maha Bachat Savings Calculator To help customers get the most value this Dussehra, Bajaj Finserv offers the Maha Bachat Savings Calculator. This tool combines all available offers in one place, making it easy for buyers to save on home appliances without extra effort. Key benefits of the calculator: • Brand offers: Discounts provided by manufacturers such as LG, Samsung, and others. • Dealer offers: Price cuts or cashback available at partner stores like Croma or Vijay Sales. • EMI benefits: 50+ Easy EMI schemes and zero down payment options on select products.​ How it works: 1. Visit the Maha Bachat Savings Calculator on the Bajaj Finserv website. 2. Select a product category, such as refrigerators, and choose a brand. 3. Set a budget to find products within the desired price range. 4. View total savings, including brand offers, dealer discounts, and EMI benefits. 5. Locate the nearest Bajaj Finserv partner store carrying the selected product. This tool allows customers to see the full value of available deals and ensures they don’t miss any festive savings. How to buy home appliances this Dussehra with Bajaj Finserv Upgrading home appliances this Dussehra is simple and affordable with Bajaj Finserv. Customers can follow these easy steps to bring appliances like refrigerators, washing machines, TVs, and air conditioners home: • Browse models: Explore top appliance brands on Bajaj Mall or visit nearby partner stores. • Check loan eligibility: By entering a mobile number online, customers can instantly see their pre-approved loan limit, making it easier to plan purchases. • Visit the nearest store: With over 1.5 lakh partner stores across 4,000 cities, finding a nearby store is convenient. • Choose Easy EMI Loan at checkout: Flexible repayment plans are available, with tenures from 3 to 60 months. • Enjoy zero down payment: On select models, customers can take appliances home without paying anything upfront. • Complete the purchase: With just a few basic documents, the loan is approved quickly, and the appliance is ready to take home. With Bajaj Finserv, upgrading home appliances this Dussehra is easy, convenient, and stress-free, helping families enjoy comfort without stretching their budget. Bajaj Finance Limited Bajaj Finance Ltd. (‘BFL’, ‘Bajaj Finance’, or ‘the Company’), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 69.14 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings. To know more, visit www.bajajfinserv.in. (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI

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