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    Government Notifies Inventory-based Cross-border E-Commerce Export Framework under Foreign Trade Policy 2023
    Customs official among 5 held for smuggling gold of Rs 1.44 crore at Indore airport
    Lok Sabha passes Bankers' Books Evidence Bill to replace colonial-era law
    Sensex gains 152 pts in volatile session as RBI keeps policy rates unchanged
    DRI seizes 364 metric tonne (MT) banned Pakistan-origin dry dates imports worth Rs. 3 crore
    Rupee gains 13 paise to close at 95.15 against US dollar post-RBI policy decision
    ED raids premises linked to ex-Andhra MLA Malla Vijaya Prasad in chit fund scam
    'Gungi gudiya' remark against Sunetra shows Cong's 'ideological bankruptcy': NCP leader Tatkare
    RBI holds interest rates for fourth straight meeting, awaits clearer inflation outlook
    Highlights of RBI's August monetary policy
    RBI targeting polymer currency notes launch in early FY28: Guv Malhotra
    Two women held at Delhi airport with 1 kg gold concealed as silver-coated armlet
    Sensex trades higher, Nifty flat post RBI policy
    India's services sector growth hits four-and-a-half-year low in July on weak demand: PMI
    SC grants interim bail to businessman Anwar Dhebar in manpower commission 'scam' case
    The Taxation and Other Laws Amendment Bill 2026 - Introduced in Lok Sabha on 4th August 2026
    RBI marginally raises FY27 GDP growth projection to 6.7 pc, lowers inflation forecast
    Collaboration, Inclusion and Entrepreneurship: How SIDBI MSME Samvaad Is Shaping the Future of India’s MSME Ecosystem
    RBI keeps policy rate unchanged for third time in row in FY27 amid West Asia crisis
    RBI keeps policy rate unchanged for third time in row amid West Asia crisis
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    August 5, 2026
    Show AI Summary
    Export-only e-commerce inventory framework enables seller exports through registered exporters while requiring traceability, timely payments and domestic-diversion controls.
    The export-only inventory framework permits eligible e-commerce entities to export through a registered Exporter-on-Record, which procures goods from Indian Sellers-on-Record against confirmed overseas orders and assumes export and destination-country compliance responsibilities. Inventory must be segregated, digitally traceable and cannot be diverted to domestic sale. The framework requires timely seller payments, visibility of overseas sales and shipment information, proportional pass-through of export rebates and refunds, annual compliance certification and digital records.
    August 5, 2026
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    Gold smuggling enforcement targets concealed foreign-origin gold, airport control evasion, and illicit railway transport under customs law.
    Gold smuggling enforcement operations under the Customs Act, 1962 involved alleged concealment and unlawful movement of foreign-origin gold. At an international airport, an alleged syndicate used an airline employee to transfer gold received from arriving passengers outside Customs and immigration controls, with gold disguised as silver-coloured bracelets. A separate railway operation concerned gold concealed in a specially made cloth waist belt and intended for delivery to a jeweller. The actions addressed concealment, evasion of Customs controls, and illicit transport of foreign-origin gold.
    August 5, 2026
    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
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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
    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
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    Foreign exchange stability measures support the rupee as policy continuity, capital inflows and global risk sentiment shape currency expectations.
    Foreign exchange market movement reflected a rupee appreciation against the US dollar following the monetary policy decision to retain the repo rate and neutral stance. Market sentiment was supported by softer crude oil prices, weakness in the US dollar, lower US Treasury yields and foreign equity inflows. The monetary policy framework sought to support capital inflows and maintain an orderly rupee trajectory, with geopolitical developments and US economic data remaining relevant to near-term exchange-rate expectations.
    August 5, 2026
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    Money-laundering investigation examines alleged proceeds from chit fund operations following searches linked to a former company managing director.
    A money-laundering investigation concerns alleged proceeds of crime arising from a multi-state chit fund operation associated with Welfare Building and Estates Pvt Ltd. The company is alleged to have collected investor deposits through investment schemes promising high returns before defaulting. Searches at premises linked to its former managing director form part of the inquiry into alleged laundering. The underlying alleged fraud had previously resulted in a CBI case and multiple police FIRs.
    August 5, 2026
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    Political restraint in public communications was urged, alongside adherence to principal-speaker protocol during press conferences and media interactions.
    Political restraint in public communications was urged after a social-media remark directed at Sunetra Pawar was criticised as ideologically irresponsible. It was stated that regret alone was insufficient and that leaders should exercise care in public comments. Press-conference protocol was also emphasised: the principal dignitary should respond to media questions, and those seated alongside should not participate in the interaction. Party colleagues were expected to act more responsibly in future media engagements.
    August 5, 2026
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    Neutral monetary policy stance continues as inflation clarity is awaited, alongside cooperative banking and lending-rate transparency measures.
    Monetary policy maintained the benchmark policy repo rate and a neutral stance pending clearer evidence that energy-cost pressures will generate broad-based inflation. Inflation is expected to rise temporarily due principally to food and fuel prices before moderating, while core inflation remains benign. The approach remains data-dependent, supported by two-way liquidity operations. Proposed measures include resuming urban cooperative bank licensing, revising rural cooperative bank credit-monitoring directions, and harmonising interest-rate regulation on advances across regulated entities to improve transparency and consumer protection.
    August 5, 2026
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    Repo rate stability preserves the policy stance amid lower inflation projections, stronger growth expectations and external-sector resilience.
    Monetary policy maintained the repo rate at 5.25 per cent following a unanimous policy committee decision. The growth forecast for FY27 was marginally increased, while the inflation projection was lowered. Inflation conditions remain uncertain because of monsoon, El Nino and geopolitical developments. Liquidity remained in surplus, and external-sector indicators reflected a current-account surplus, buoyant foreign direct investment inflows, renewed foreign portfolio investment inflows, and adequate foreign-exchange reserves.
    August 5, 2026
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    Polymer currency notes target improved durability as monetary policy remains data-dependent and rupee management pursues an orderly trajectory.
    Polymer currency notes are targeted for circulation at the beginning of the next financial year, subject to implementation proceeding as planned. They are intended to improve durability, especially for lower-denomination notes with high circulation velocity. Monetary policy decisions will remain data-dependent and focused on aligning headline inflation with its medium-term target. Foreign Currency Non-Resident (Bank) scheme inflows are expected to remain healthy until closure, with no proposal for premature termination. Rupee management aims to maintain an orderly exchange-rate trajectory.
    August 5, 2026
    Show AI Summary
    Customs anti-smuggling enforcement targets gold concealed as silver-coated armlets following passenger profiling and personal search at airport.
    Customs officers intercepted two passengers arriving from Istanbul after Advance Passenger Information System profiling and their activation of the Door Frame Metal Detector. A personal search recovered approximately one kilogram of gold, silver-coated and concealed as traditional armlets worn on the upper arms. The gold was seized under the Customs Act, a smuggling case was registered, and investigation was initiated into the source and any wider smuggling network.
    August 5, 2026
    Show AI Summary
    Closing auction price discovery for eligible derivatives shares begins as monetary policy retains the repo rate and neutral stance.
    The Reserve Bank retained the repo rate with a neutral stance amid uncertainty over energy prices and supply disruptions. Stock exchanges introduced the Closing Auction Session in the equity cash segment for eligible shares with futures and options contracts. This auction-based mechanism determines closing prices of eligible stocks and aims to make price discovery more transparent and robust.
    August 5, 2026
    Show AI Summary
    Services-sector growth slowed as weaker demand, competition and postponed orders moderated business activity, while employment improved modestly.
    Services-sector growth slowed as domestic and export orders moderated amid weaker demand, competitive pressures, softer market conditions and postponed orders. Output continued to expand, but at its weakest pace in more than four years. Employment growth improved modestly, while input costs rose and firms increased selling prices. Business confidence remained positive but declined, and the composite output indicator weakened due principally to the sharp slowdown in services activity.
    August 5, 2026
    Show AI Summary
    Interim bail conditions require residence outside the state and trial attendance in alleged manpower commission corruption proceedings.
    Interim bail was granted to Anwar Dhebar in a matter involving alleged corruption and an illegal commission mechanism linked to a state marketing corporation. Conditions require him to remain outside Chhattisgarh, attend the trial court, and provide his residential address. The allegations concern manpower supply agencies allegedly being compelled to pay commissions for clearance of legitimate bills, with proceeds routed through intermediaries. The case was registered under the Indian Penal Code and the Prevention of Corruption Act.
    August 5, 2026
    Show AI Summary
    Tax certainty measures revise fund-management safe harbours, electronic-payment charges, sectoral exemptions, business-trust treatment, and excess expenditure appropriation.
    The Taxation and Other Laws (Amendment) Bill, 2026 proposes to replace the Income-tax (Amendment) Ordinance, 2026 and amend payment-system and tax laws. It would prohibit charges on notified electronic payments, revise safe-harbour conditions for eligible investment funds and fund managers, and expand tax exemptions for Government securities, qualifying rough-diamond sales and bonded-warehouse component storage. It also modifies exemptions concerning electronic-goods contract manufacturing, data centres and business-trust dividends, while imposing a differentiated surcharge on qualifying special purpose vehicles. A separately included appropriation bill authorises excess expenditure from the Consolidated Fund of India.
    August 5, 2026
    Show AI Summary
    Growth and inflation projections reflect resilient domestic activity while energy volatility, supply disruptions, and food prices sustain inflation risks.
    Monetary policy projections for fiscal 2026-27 revise real GDP growth upward to 6.7 per cent and Consumer Price Index inflation downward to 5 per cent. Domestic activity is described as resilient amid global uncertainty, but inflationary risks persist from rainfall disruption, energy-price volatility, supply-chain uncertainty, and second-round effects of higher food, fuel and input costs. Core inflation is projected at 4.3 per cent for the fiscal year.
    August 5, 2026
    Show AI Summary
    Industry collaboration strengthens MSME competitiveness through shared resources, market linkages, capability building and inclusive support for women entrepreneurs.
    MSME development is linked to collaboration, knowledge-sharing, institutional support and capability building. Industry associations can provide networking, policy advocacy, business intelligence, skills programmes, shared infrastructure and market linkages, while collective procurement, shared logistics, digital commerce and export readiness may improve competitiveness. Women-led enterprises benefit from market-oriented capability development, mentorship, continuous learning, professional networks, capacity-building programmes and institutional support. The Development of Industry Associations initiative is intended to connect associations and facilitate the sharing of best practices.
    August 5, 2026
    Show AI Summary
    Monetary policy rate maintenance continues under a neutral stance amid energy disruption, inflation concerns and sustained currency depreciation.
    Monetary policy rate maintenance was continued with the repo rate retained at 5.25 per cent under a neutral stance amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The growth forecast was marginally increased and the inflation projection reduced. Sustained rupee depreciation against the dollar was attributed to costly oil, capital outflows, widening trade deficits and a strong US dollar.
    August 5, 2026
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    Monetary policy rate pause maintains a neutral stance amid energy disruption, inflation concerns and sustained rupee depreciation pressures.
    Monetary policy rates were retained without change for a third consecutive review, with a neutral stance maintained amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The policy assessment noted retail inflation above the medium-term target, alongside an upward revision to growth expectations and a downward revision to the inflation projection. Continued rupee depreciation was linked to higher oil prices, capital outflows, widening trade deficits and a stronger US dollar.

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      HIGHLIGHTS

      October 9, 2025

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      New Delhi, Oct 9 (PTI) Following are the top stories at 9.10 pm: NATION DEL76 PM-INDIA-UK-LD CEO (6.16 PM)

      India-UK trade pact roadmap for shared progress, biz should partner to set global benchmarks: Modi New Delhi: Prime Minister Narendra Modi on Thursday said the India-UK trade agreement is a roadmap for shared progress and prosperity of people of the two big economies as he asked businesses to identify sectors where they can set global benchmarks.

      BOM35 INDIA-UK-LD STARMER (8.30 PM)

      India economic superpower in the making: Starmer Mumbai: India is an economic superpower in the making, British Prime Minister Keir Starmer said on Thursday, adding the world’s largest democracy is also on track to become its third largest by 2028.

      BOM34 LDALL COUGH SYRUP (8.26 PM)

      Cough syrup deaths: pharma company owner arrested in Tamil Nadu, WHO informed of drug recall New Delhi/Chennai/Bhopal: The owner of Tamil Nadu-based Sresan Pharma which manufactured `contaminated' cough syrup Coldrif was arrested on Thursday in the wake of the deaths of more than 20 children who had allegedly consumed it, while the central drug regulator CDSCO said it had informed the WHO that the syrup, along with two other brands, has been recalled.

      DEL87 UP-MODI-AYODHYA-FLAG (7.00 PM)

      PM Modi to hoist 21-foot flag atop Ram temple on November 25 Ayodhya: Prime Minister Narendra Modi is scheduled to hoist a 21-foot religious (dharma) flag atop the spire of the Ram temple in Ayodhya on November 25, officials said on Thursday.

      CAL43 BH-LDALL POLLS (8.34 PM)

      Battle for poll-bound Bihar intensifies a day ahead of start of filing of nominations Patna: The battle for poll-bound Bihar intensified on Thursday when the Congress came out with a "charge-sheet" against the ruling NDA, RJD leader Tejashwi Yadav made a fresh, alluring promise of government jobs, and the Jan Suraaj Party released its first list of candidates.

      DEL99 ED-KA-BETTING-GOLD (8.22 PM)

      ED seizes Rs 50-crore worth gold in fresh raids in betting case involving Karnataka MLA, others New Delhi: The Enforcement Directorate (ED) on Thursday said it has seized about 40 kg of gold worth Rs 50.33 crore during fresh searches in an online betting case that allegedly involves arrested Karnataka Congress MLA K C Veerendra and some others.

      DEL90 DL-YAMUNA PROJECTS-SHAH (7.16 PM)

      Task of cleaning Yamuna to be completed before next LS polls: Home Minister Shah New Delhi: Union Home Minister Amit Shah unveiled projects worth Rs 1,816 crore on Thursday to rejuvenate the Yamuna, and said the path to cleaning the river had become clearer under the leadership of Prime Minister Narendra Modi.

      DEL88 EDU-UK-CAMPUSES (7.04 PM)

      UK's University of Lancaster, University of Surrey get nod to set up campuses in India New Delhi: University of Lancaster and University of Surrey have received the nod to set up campuses in India, announced UK Prime Minister Keir Starmer during his first visit to India.

      DEL86 DEF-RAJNATH-LD AUSTRALIA (6.56 PM)

      India, Australia ink 3 pacts to expand defence ties New Delhi: India and Australia on Thursday signed three key pacts including one on information sharing, to further expand their bilateral defence and military ties following "productive" talks between Defence Minister Rajnath Singh and his Australian counterpart Richard Marles in Canberra.

      DEL74 RAIL-VANDE BHARAT-AHMEDABAD (6.07 PM)

      2 one-way Vande Bharat trains between Sabarmati, Gurgaon fail to run on planned route New Delhi, Oct 8 (PTI) The two one-way superfast special Vande Bharat trains between Sabarmati and Gurgaon, operated by the Ahmedabad Division of the Western Railways on October 5 and 6, failed to run their scheduled routes on both occasions due to the trainsets being unsuitable for the notified path.

      BOM36 MH-CRICKETER-EXTORTION (8.42 PM)

      Man held in Zeeshan Siddique threat case also sought Rs 5 cr from cricketer Rinku Singh: Cops Mumbai: A man arrested for allegedly sending a threat email to former Maharashtra MLA Zeeshan Siddique has admitted that he also sought to extort Rs 5 crore from India cricketer Rinku Singh in the name of fugitive gangster Dawood Ibrahim, a police official said on Thursday.

      MDS28 KL-SABARIMALA GOLD-SIT (7.06 PM)

      Kerala govt forms SIT to probe irregularities in Sabarimala Dwarapalaka idols Thiruvananthapuram: The Kerala government on Thursday issued an order constituting a Special Investigation Team (SIT) to probe alleged irregularities related to the reduced weight of the gold-clad copper plates on the Dwarapalaka (guardian deity) idols at Sabarimala.

      DEL102 HR-LDALL COP (8.51 PM)

      IPS officer's 'suicide' in Chandigarh: Wife, Dalit groups, opposition call for action Chandigarh: The mystery around the alleged suicide of a senior Haryana Police officer has deepened, with a note he left behind naming senior officers and his bureaucrat wife demanding an FIR against the state police chief.

      LEGAL LGD43 DL-HC-KARISMA (7.46 PM)

      Priya Kapur 'greedy', 'Cinderella stepmother': Actor Karisma Kapoor's children tell HC New Delhi: Actor Karisma Kapoor's children on Thursday accused their stepmother Priya Kapur of being "greedy", while calling her "Cinderella stepmother" before the Delhi High Court.

      LGD35 SC-BIHAR-2NDLD ELECTORAL ROLL (6.38 PM)

      The SC asked the Bihar State Legal Service Authority (BSLSA) to issue directions to its district-level bodies for assisting 3.66 lakh voters excluded from the final electoral rolls in filing appeals with the Election Commission.

      BUSINESS DEL92 BIZ-FINTECH-LD INDIA-UK (7.23 PM)

      PM Modi invites global businesses to participate in India's growth story Mumbai: Prime Minister Narendra Modi on Thursday invited global businesses to participate in India’s growth story, which is the fastest-growing large economy in the world.

      DEL77 AVI-AKASA AIR-2NDLD COFOUNDER (6.16 PM)

      Akasa Air's co-founder, senior vice president for international ops Neelu Khatri resigns New Delhi: Akasa Air's co-founder and Senior Vice President for international operations Neelu Khatri has put in her papers, marking a high-level exit at the three-year-old airline.

      FOREIGN FGN62 NOBEL-2NDLD LITERATURE (AP) (6.42 PM) Hungarian writer László Krasznahorkai wins Nobel Prize in literature Stockholm, Oct 9 (AP) Hungarian writer László Krasznahorkai, whose philosophical, bleakly funny novels often unfold in single sentences, won the Nobel Prize in literature Thursday for his "compelling and visionary oeuvre that, in the midst of apocalyptic terror, reaffirms the power of art.” FGN48: POPE-LD-JOURNALISTS (8.08 PM)

      World needs free, rigorous & objective information: Pope Leo Vatican City: The world needs free, rigorous and objective journalism, otherwise people will be unable to distinguish between "fact and fiction" and "true and false", as in totalitarian rules, Pope Leo said on Thursday.

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