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    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
    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
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    August 5, 2026
    Show AI Summary
    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
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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
    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
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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
    Show AI Summary
    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
    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
    Show AI Summary
    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
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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
    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.

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      From Burnout to Breakthroughs: Agentforce Redefines Life Sciences Customer Engagement

      November 4, 2025

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      Bangalore, Karnataka, India (NewsVoir) • Built on Salesforce’s trusted platform, Agentforce Life Sciences introduces an out-of-the-box, agent-first application to unify teams on the complex clinical-to-commercial journey and help accelerate patient access to life-enhancing therapies, at scale • Agentforce Life Sciences for Customer Engagement provides a consumer-grade mobile experience with enterprise-grade security, making it easier to capture the attention of busy healthcare professionals and provide essential treatment information to help improve the quality of care Salesforce announced the availability of Agentforce Life Sciences for Customer Engagement, extending the Agentforce Life Sciences portfolio with a new agent-first solution that revolutionizes the way life sciences companies interact with healthcare professionals (HCPs). The new module aims to solve a critical industry challenge: Burnt-out physicians have 75% more information per drug to parse through than a decade ago, but barely a third of HCPs feel their needs are being met and continue to cite feeling spammed by pharmaceutical and medical device organizations. Amid rising scrutiny and pipeline pressures, Agentforce Life Sciences employs digital labor to cut through the noise, drive meaningful engagement, and help close care gaps. Whether it’s sales, marketing, and reimbursement teams or medical sciences liaisons (MSLs) and screening investigators, the solution creates a cohesive experience across departments. Agentforce helps reimagine how drugs and devices are discovered, approved, accessed, and administered, allowing people to focus on the uniquely human aspects of healthcare. Built natively on Salesforce’s deeply unified platform, Agentforce Life Sciences for Customer Engagement goes beyond traditional CRM and delivers a consumer-grade, conversational user experience with enterprise-grade security directly in the flow of work, so reps can make the most of their limited time with overwhelmed practitioners. And with audio-dictated notes, advocacy scoring, radio-like spotlights, and concise account summaries, on-the-go reps can unlock 24/7 access to vital information to help HCPs best treat their patients. Mankiran Chowhan, Managing Director - Sales at Salesforce India said, “India’s life sciences sector is scaling at an incredible pace, in parallel, the engagement model with doctors needs to keep pace. With Agentforce Life Sciences, we’re fundamentally upgrading that model. We're moving from high-volume, low-impact communication to intelligent, trusted collaboration. This allows companies to serve the immense Indian market more effectively and helps empower healthcare professionals to make faster, better-informed decisions for their patients. For doctors, it means getting the right insights to better treat their patients. And for India, it means closing the gap between medical innovation and patient access." Customer Perspectives B. Murali Krishna Reddy, Director - India and Emerging Markets, Hetero said, "As one of India’s leading life sciences companies, we at Hetero believe that scale and trust are the cornerstones of our success. Agentforce Life Sciences provides the robust digital foundation we need to engage responsibly with our global customers and build enduring relationships. With Salesforce, we are embracing a future where AI enhances every interaction, enabling us to efficiently manage pipelines and orders while eliminating complexities in working across multiple products and geographies." Innovation in Action: An Agent-First, Enterprise-Wide Approach Agent-First Mobile Experience: In contrast to the conventional experience of clicking through several tabs and apps to find information, Agentforce will offer an intuitive, conversational interface with voice-activated account prep, territory ratings, podcast-style recaps, and talk-to-text meeting wrap-ups accessible via both web and mobile to optimize reps’ brief face time with HCPs. • In just a few taps, reps can access smart summaries to get everything they need from a single pane or use natural language and speech commands to filter across objects instead of having to swipe through multiple screens and without requiring an internet signal. • A field rep can get a hands-free, narrated overview of previously logged interactions and recommended content with citations or follow-up actions with automated call logging and spoken-note conversion while in transit from the doctor’s office. When cancellations occur, Agentforce can quickly alert and suggest a pivot to high-potential HCPs nearby using dynamic routing and rescheduling to repurpose unexpected spare time for new business opportunities. AI-Enabled Compliance: Hosted on Salesforce’s Hyperforce infrastructure, the solution inherits the Trust Layer and zero copy integration — which helps protect sensitive data, grounds AI in reliable information, and assists customers in meeting global privacy and healthcare regulatory mandates such as HIPAA, GxP, and GDPR. Rather than being a barrier to compliance, Agentforce serves as an enforcement tool to help avoid misinformation, maintain brand reputability, and maximize revenue. • With regulated content management, organizations will be able to take advantage of version control; AI-assisted Medical, Legal, and Regulatory (MLR) reviews; and secure distribution to help ensure that everything from patient websites to digital brochures are scientifically accurate, medically appropriate, and ethically sound. Integrated with Agentforce Marketing, they will be able to help generate bespoke campaigns and segments to target with resonant content. • Unlike current methods, which require extensive paperwork and ongoing risk maintenance, Salesforce provides an electronic, pre-validated engine with automated test evidence and “validation as a service,” reducing computer system validation timelines and the need for costly manual effort. • Agentforce acts as a personal assistant cataloging audit trails for tracking and traceability and capturing consent via 21 CFR Part 11-ready e-signatures to help safeguard governance across in-person, virtual, and hybrid visits. Reps can scan product barcodes from their tablet, and Agentforce can automatically apply limits based on geographic restrictions when logging deliveries and flag mentions of off-labeling to help ensure visits are properly conducted and recorded. • Guided by configurable guardrails, Agentforce can answer routine questions and triage therapeutic, device, or related medical info requests with seamless handoff to a human as needed. With predetermined permissions based on policies and roles, organizations can control which fields a given user can or can’t see to keep sensitive information protected. Consumer-grade UI with Actionable Insights: Underpinned by Data 360 and MuleSoft, the easy-to-navigate interface highlights account status and recommended actions to accommodate specialties, affiliations, feedback, and preferences. Whether they’re in a hospital basement or remote clinic without Wi-Fi, personnel can quickly review engagement history, Rx trends, and relevant news right from their homepage. • Using curated multimedia presentations, Agentforce will help reps educate HCPs on their product with the most impactful talking points and MLR-approved research and promotional content, for MSLs and sales respectively, noting the time spent on each slide and gathering input throughout. • With interactive Tableau dashboards that provide visibility across all channels, leaders can quickly identify delays in CAR-T manufacturing or surgical inventory shortage and find next-best alternatives. Prompted with visualizations like a spike in rejected prior authorizations, Agentforce can help reimbursement managers to educate HCPs on copay programs or changes in insurance coverage to help boost patient adoption and adherence. • The new app is available exclusively on Apple’s iPad.* The power, portability, and versatility of the iPad lineup enables customers to do their best work, using the tools they know and love. Agentforce Life Sciences on iPad allows for a seamless user experience, enabling users to engage with healthcare providers in an easy-to-use mobile format. Always-on, Personalized Service: HCPs, pharmacists, and key opinion leaders (KOLs) can get faster responses to their medical inquiries, sample requests, or training materials, synced across different channels like face-to-face, webinar, social, or email and measured for effectiveness, bridging the gap between clinical and commercial functions with on-demand service. • Using retrieval-augmented generation (RAG), Agentforce can quickly search thousands of medical diaries and internal documentation to respond or initiate a Slack swarm about administration techniques, contraindications, efficacy, dosage, and more. • With connections like athenahealth and Viz.ai, HCPs will be able to inform patients at the point of care about available assistance programs and help them enroll without having to leave the Electronic Health Record (EHR). • From a personalized portal, HCPs can request demonstrations, chat with an MSL, or detail adverse events to pharmacovigilance for quality control and timely reporting to the appropriate government agencies. This helps to ensure they have quick access within their workflow in the exact moment of need, reducing friction and care disparities. A Single Source of Truth, Unifying Teams from Lab to Launch Agentforce Life Sciences for Customer Engagement is the final piece that brings together the full lifecycle of commercial, medical, and market access teams with patient services and clinical trials. Now, critical business functions from study site selection and payer formulary negotiation to precision therapy orchestration and support programs can be streamlined and AI-powered, resulting in an estimated 30% faster collaboration.** Complemented by a global alliance of internal and external specialized systems integrators; data providers like H1, MedPro Systems, and ZS; and implementation partners, Salesforce has a clear path for customers to upgrade from legacy vendors. By accelerating the time it takes for diagnostics, medications, and equipment to obtain clearance and get safely into the hands of healthcare institutions, organizations can encourage earlier detection, order the right interventions, and prevent disease for a healthier world. About Salesforce Salesforce helps organizations of any size reimagine their business with AI. Agentforce — the digital labor solution for enterprises — integrates with Customer 360 applications, Data Cloud, and Einstein AI to create a limitless workforce, bringing humans and agents together to deliver customer success on a single, trusted platform. Visit www.salesforce.com/in/ for more information. *Salesforce, the #1 CRM, powered by AI technology and capabilities. (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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