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    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
    RBI holds interest rates for fourth straight meeting, awaits clearer inflation outlook
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    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
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    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
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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
    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.
    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.

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      Meet 10 Indian Companies Redefining Business in 2025

      October 14, 2025

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      New Delhi [India], October 14: As India continues to surge forward as a global economic powerhouse, a new generation of companies is rewriting the rules of innovation, impact, and enterprise. From AI-integrated healthcare and futuristic vehicle management to affordable PR and quantum healing, these 10 dynamic ventures are not just building businesses — they’re shaping entire ecosystems. Representing a wide range of sectors including wellness, technology, finance, education, and digital marketing, each of these companies showcases the ingenuity, resilience, and forward-thinking mindset that defines Indian entrepreneurship in 2025. 1) Hoora Nagpur-based Hoora Technologies Private Ltd is emerging as a game-changer in the Indian autocare space. Founded by Yashwant Budhwani, Khalid Ansari, and Harsh Somani, the company offers a 360 vehicle management platform, bringing everything a vehicle owner needs, like car and bike care services, products & accessories, insurance, FASTag, challan tracking, and much more, right to their doorstep through a single app. With an asset-light and profitable model, Hoora has efficiently scaled across 60+ cities, serving 1 lakh+ customers and creating 1,000+ jobs. After rejection from Shark Tank India Season 3, the company raised ₹5 Cr in a seed round at a ₹40 Cr valuation, earning strong investor and market confidence. Hoora recently launched its D2C marketplace for accessories and insurance integration, with upcoming features like a cashless garage system, vehicle servicing, and a buy/sell car marketplace - redefining the future of vehicle ownership in India. Please visit for More Information: hoora.in | Email: [email protected] 2) Indian Institute of Brand Management (IIBM) The Indian Institute of Brand Management (IIBM) is one of the top and premier institutes in India, known for its strong focus on branding and marketing education. Accredited by the Brand Research Council (Brand Scientist), it is the only institute in the world that offers exclusive Brand Management Courses in India and specialized programs in branding and marketing. Founded on 11 July 2018 in New Delhi, Indian Institute of Brand Management (IIBM) has quickly gained recognition as a Top B-School for Branding and Marketing. The institute offers leadership programs like the Chief Marketing Officer (CMO), Chief Brand Officer (CBO), and Chief Executive Officer (CEO), designed to help professionals build strong careers and become future leaders. With global recognition, Indian Institute of Brand Management (IIBM) combines theory, practical learning, and industry insights. Its credibility, vision, and specialization make it a trusted name in branding and marketing education in India. Please visit for More Information: https://iibmglobal.com/ 3) Soul Arkitect Based in Mangalore, India, Soul Arkitect is a groundbreaking Quantum Healing and Energy Architecture company founded by Imthyass C K. Merging ancient sacred geometry with modern quantum science, the company offers personalized healing and space-alignment solutions for individuals and businesses worldwide. From therapies like Past Life Regression and Spirit Attachment Clearing to advanced Quantum Business Vāstu and energy-aligned architecture, each service is tailored using the client's birth chart and energetic blueprint. Soul Arkitect’s signature products including the Quantum Frequency Healing Card, Copper Jug, and Healing Photo Frame act as portable energy tools engineered to harmonize health, wealth, and success. With clients across India, the Middle East, UK, and US, and upcoming innovations like the Quantum Frequency Healing App, Soul Arkitect is redefining energy healing through non-religious, science-backed systems. Every solution reflects the brand’s mission: to Heal, Align, and Succeed using ancient frequencies for modern transformation. Quantum Vastu for Offices, Factories, and Properties empowers businesses to boost profits, enhance energy flow, and achieve sustainable success. Please visit for More Information: healingwithsoularkitect.com Email: [email protected] 4) CURAMEND Healthcare CURAMEND Healthcare Pvt. Ltd., led by visionary Dr. Sunil Saldanha, is India’s first AI-integrated holistic healing center, based in Thane, Maharashtra. The company pioneers a groundbreaking blend of Artificial Intelligence, Regenerative Medicine, AYUSH, Bioresonance, and Deep Emotional Healing to restore health at the cellular and emotional level. With over 1,200 successful chronic disease recoveries, CURAMEND is redefining non-invasive care for kidney, neuro, infertility, and cancer-related conditions. Their unique AI-powered diagnostics personalize treatment protocols, fusing ancient healing with cutting-edge biomedical innovation. Key services include AI bioresonance scans, regenerative IV therapies, hydrogen detox, rTMS neurostimulation, and psycho-neuro-immunology-based emotional healing. CURAMEND is currently working on launching an AI Preventive Health App, a virtual Tele-Wellness platform, and developing India’s largest AI & Regenerative Medicine Hospital in Mangaon. Recognized for innovation and global collaborations, CURAMEND is at the forefront of next-gen holistic healthcare in India. Please visit for More Information: www.curamendhealthcare.com 5) The Health Harbour The Health Harbour, a subsidiary of HominVetrix Global Pvt. Ltd., is transforming the landscape of medical tourism and healthcare consulting. With registered offices in Bihar, India, and Ontario, Canada, the company connects international patients to NABH- and JCI-accredited hospitals for affordable, world-class treatments. Founded by Akhileshwar and co-led by Nisha Tulsi, The Health Harbour offers concierge-style services covering travel, treatment, and post-care support. What sets it apart is its AI-powered tools that enhance transparency and patient experience, strategic partnerships with leading hospitals like Apollo and Dr. Agarwal’s, and a growing global network across 9 countries and 380+ centers. Their clients include patients, NRIs, hospitals, and healthtech investors. Current initiatives include expanding into South Korea, Mexico, and Singapore, launching Pets Harbour for veterinary wellness, and developing AI-based healthcare platforms. Recognized for aligning with government efforts like "Heal in India," The Health Harbour is redefining patient-first global care. Please visit for More Information: https://thehealthharbour.com/https://thehealthharbour.com/medical-tourism-packages/ 6) Elion Technologies With over 15 years of experience across India and international markets, Elion Technologies and Consulting Pvt Ltd is redefining how organizations approach safety, energy efficiency, and sustainability. As a trusted partner to MNCs, PSUs, and large corporates, Elion offers end-to-end audits, testing, and risk assessments across diverse domains—fire safety, energy, electrical systems, carbon footprint, and more. Backed by certified engineers and compliance with global standards (ISO, NFPA, API), Elion doesn’t just deliver reports—it provides actionable insights and lifetime support. Whether it's reducing operational costs through HVAC energy savings, or enabling Net Zero strategies, Elion ensures measurable impact. As industries respond to increasing ESG mandates and safety regulations, Elion stands ready with innovative solutions including remote audits, IoT-based monitoring, and ESG consulting. Partner with Elion to build safer, smarter, and more sustainable operations. Visit www.elion.co.in or email [email protected] to get started. 7) Pratish Yoga Pratish Yoga Training School, under Holistica Wellness Pvt Ltd, is a pioneering institution based in Pune, India, dedicated to authentic Yoga and evidence-based wellness practices. Founded by Dr. Pratish Mulay and co-founder Prajakta Nitsure, Pratish Yoga blends traditional Yogic wisdom with modern medical science to offer transformative programs for all. With over 800+ trained teachers and a global presence across the USA, UK, and Qatar, the school offers Yoga Teacher Training Courses, therapeutic sessions, corporate wellness programs, and specialized modules like Prenatal and Medical Yoga. Recognized by the Ministry of AYUSH and Yoga Alliance USA, Pratish Yoga emphasizes holistic health through its 4D approach—Yoga, Nutrition, Psychology, and Medical Awareness. Whether addressing lifestyle disorders, stress, or posture issues, Pratish Yoga’s mission is simple yet profound: to make wellness a way of life for everyone—accessible, practical, and life-changing. Please visit for More Information: www.pratishyoga.com | Email: [email protected] 8) Alpesh Jain In the world of investments, Alpesh Jain stands out—not just for his expertise, but for how he treats every client like family. Based in Belgaum, Karnataka, Alpesh leads Alpesh Jain (One Stop Solution for All Your Mutual Fund Needs) with a simple belief: be a friend first, advisor second. His relationship-driven approach has helped hundreds of families and businesses grow their wealth with confidence. Alpesh provides guidance across mutual funds, PMS, AIFs, gold, silver, and real estate. He’s the only SIF-certified mutual fund consultant in Belgaum, and his inspiring journey has been featured on TEDx. In just two years, he has built over ₹300 crore in AUM and a ₹1 crore SIP book. Celebrities like Kiara Advani, Mandira Bedi, and Harbhajan Singh have acknowledged his trusted presence in the financial world. Alpesh is the only mutual fund consultant in Belgaum to hold four prestigious certifications, making him a one-of-a-kind financial expert in the region. He will also be featured in Forbes India’s November edition as one of four successful personalities. [email protected] | [email protected] 9) 6S Marketers As AI transforms how people search and consume information, 6S Marketers is helping brands evolve from being merely seen to being selected— across Google, ChatGPT, Gemini, and beyond. A pioneer in Answer Engine Optimization (AEO), 6S Marketers unites SEO, paid search (PPC), and AEO into a single, performance-driven strategy. As AI search engines and zero-click results reshape discovery, the agency ensures brands not only rank — but become the definitive answer across AI-driven platforms. From scaling fintech visibility for JioCredit to driving a traffic surge for Dezerv, 6S Marketers builds campaigns rooted in data, ROI, and ethical digital growth. With a 100% white-hat approach and verified 5.0 ratings on Clutch, the agency is trusted by growth-focused B2B, SaaS, and e-commerce brands. Their upcoming AEO Service Suite and whitepaper, “The Future of SEO in the Age of AI Agents,” reinforce their commitment to shaping the next era of digital visibility — where being the answer is the new top rank. As AI changes the rules of search, 6S Marketers is writing the new playbook. Optimize your brand for the future of search. Visit www.6smarketers.com or email [email protected] to get started. 10) Spatz Media Spatz Media has positioned itself among India’s leading PR providers, known for delivering high-impact media visibility at unmatched affordability. Headquartered in Ahmedabad with a strong operational base in Vadodara, the agency specialises exclusively in press release publishing, reputation building, and digital media placements across top news portals, business magazines, and regional publications. What makes Spatz Media stand out is its accessibility-first PR model—offering budget-friendly packages starting from just ₹699 to ₹1999, empowering startups, SMEs, coaches, doctors, influencers, and professionals to gain nationwide media recognition without heavy retainers. With multiple active WhatsApp-based distribution communities and strong relations across editorial networks, the company ensures speedy publishing, organic exposure, and long-term credibility for every client. In a landscape where PR is often seen as elite or expensive, Spatz Media is democratising the industry—making publicity possible for every dreamer ready to be heard. Please visit for More Information- https://spatzmedia.com/ What unites these 10 trailblazing ventures is not just their success but their shared vision to solve real-world problems with purpose and precision. Whether it’s making healthcare more holistic, PR more accessible, or vehicle ownership more convenient, these companies are transforming industries and touching lives. As India enters a new era of digital disruption, economic empowerment, and global ambition, these pioneers are leading the way — proving that the future of business lies not just in profits, but in innovation that serves people, planet, and progress. (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI

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