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    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
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    SVC Co-operative Bank Concludes 120th Annual General Meeting, Reaffirms Growth, Governance and Digital Focus
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August 5, 2026
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Services-sector growth slowed as weaker demand, competition and postponed orders moderated business activity, while employment improved modestly.
Services-sector growth slowed as domestic and export orders moderated amid weaker demand, competitive pressures, softer market conditions and postponed orders. Output continued to expand, but at its weakest pace in more than four years. Employment growth improved modestly, while input costs rose and firms increased selling prices. Business confidence remained positive but declined, and the composite output indicator weakened due principally to the sharp slowdown in services activity.
August 5, 2026
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Interim bail conditions require residence outside the state and trial attendance in alleged manpower commission corruption proceedings.
Interim bail was granted to Anwar Dhebar in a matter involving alleged corruption and an illegal commission mechanism linked to a state marketing corporation. Conditions require him to remain outside Chhattisgarh, attend the trial court, and provide his residential address. The allegations concern manpower supply agencies allegedly being compelled to pay commissions for clearance of legitimate bills, with proceeds routed through intermediaries. The case was registered under the Indian Penal Code and the Prevention of Corruption Act.
August 5, 2026
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Tax certainty measures revise fund-management safe harbours, electronic-payment charges, sectoral exemptions, business-trust treatment, and excess expenditure appropriation.
The Taxation and Other Laws (Amendment) Bill, 2026 proposes to replace the Income-tax (Amendment) Ordinance, 2026 and amend payment-system and tax laws. It would prohibit charges on notified electronic payments, revise safe-harbour conditions for eligible investment funds and fund managers, and expand tax exemptions for Government securities, qualifying rough-diamond sales and bonded-warehouse component storage. It also modifies exemptions concerning electronic-goods contract manufacturing, data centres and business-trust dividends, while imposing a differentiated surcharge on qualifying special purpose vehicles. A separately included appropriation bill authorises excess expenditure from the Consolidated Fund of India.
August 5, 2026
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Growth and inflation projections reflect resilient domestic activity while energy volatility, supply disruptions, and food prices sustain inflation risks.
Monetary policy projections for fiscal 2026-27 revise real GDP growth upward to 6.7 per cent and Consumer Price Index inflation downward to 5 per cent. Domestic activity is described as resilient amid global uncertainty, but inflationary risks persist from rainfall disruption, energy-price volatility, supply-chain uncertainty, and second-round effects of higher food, fuel and input costs. Core inflation is projected at 4.3 per cent for the fiscal year.
August 5, 2026
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Industry collaboration strengthens MSME competitiveness through shared resources, market linkages, capability building and inclusive support for women entrepreneurs.
MSME development is linked to collaboration, knowledge-sharing, institutional support and capability building. Industry associations can provide networking, policy advocacy, business intelligence, skills programmes, shared infrastructure and market linkages, while collective procurement, shared logistics, digital commerce and export readiness may improve competitiveness. Women-led enterprises benefit from market-oriented capability development, mentorship, continuous learning, professional networks, capacity-building programmes and institutional support. The Development of Industry Associations initiative is intended to connect associations and facilitate the sharing of best practices.
August 5, 2026
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Monetary policy rate maintenance continues under a neutral stance amid energy disruption, inflation concerns and sustained currency depreciation.
Monetary policy rate maintenance was continued with the repo rate retained at 5.25 per cent under a neutral stance amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The growth forecast was marginally increased and the inflation projection reduced. Sustained rupee depreciation against the dollar was attributed to costly oil, capital outflows, widening trade deficits and a strong US dollar.
August 5, 2026
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Monetary policy rate pause maintains a neutral stance amid energy disruption, inflation concerns and sustained rupee depreciation pressures.
Monetary policy rates were retained without change for a third consecutive review, with a neutral stance maintained amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The policy assessment noted retail inflation above the medium-term target, alongside an upward revision to growth expectations and a downward revision to the inflation projection. Continued rupee depreciation was linked to higher oil prices, capital outflows, widening trade deficits and a stronger US dollar.
August 5, 2026
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Monetary policy expectations shape equity sentiment as softer crude prices and foreign investment support domestic financial assets.
Equity market sentiment improved in early trading as lower crude oil prices and foreign fund inflows supported benchmark indices, while investors awaited the monetary policy decision. Softer crude prices, rupee recovery, improving global risk sentiment, resilient economic growth, corporate earnings and sustained foreign portfolio investment supported domestic financial assets, despite continuing global and geopolitical uncertainties.
August 5, 2026
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Foreign exchange market movement strengthens as lower crude prices and monetary policy signals influence the rupee's direction.
Foreign exchange market movement saw the rupee appreciate against the US dollar in early trading, supported by lower crude oil prices, a softer dollar index, domestic equity gains and net foreign institutional investment. Market attention centred on the Reserve Bank of India's monetary policy decision, with expectations of an unchanged benchmark repo rate. Policy communication on inflation and developments in Hormuz-related talks were identified as factors that could influence the rupee's direction.
August 4, 2026
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Dearness allowance arrears must be cleared promptly, while the government examines legal remedies and continues its structured liquidation plan.
Pending dearness allowance arrears of government employees and pensioners are to be cleared within a fortnight, with restraint on unproductive expenditure until admissible dues are paid. The government states that it will pay constitutionally and legally valid dues while examining the judgment, precedents and possible legal remedies. It attributes the arrears to delayed pay commission implementation and frozen dearness allowance, and states that a structured liquidation plan has been prepared and partly implemented.
August 4, 2026
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Money-laundering investigation examines alleged fraudulent industrial plot allotments, benami holdings and diversion of plots to residential use.
A money-laundering investigation under the Prevention of Money Laundering Act examines alleged irregularities in industrial-plot allotments involving corporation officials, private persons, property dealers and alleged benamidars. The inquiry concerns alleged use of fictitious firms and false addresses to obtain plots, allotments to relatives and associates, and alleged diversion or change of land use from industrial to residential purposes. These activities are alleged to have generated private gains while causing loss to the public exchequer.
August 4, 2026
Show AI Summary
Rupee exchange-rate movement gains support from capital inflows, while oil prices, dollar strength and monetary policy shape sentiment.
Rupee exchange-rate movement was supported by foreign capital inflows and improved global risk sentiment, while elevated crude-oil prices and a stronger US dollar constrained gains. Market attention shifted to monetary policy, overseas dollar-deposit incentives and easier foreign access to government bonds, which were reported to support capital inflows and India's external position. A cautious approach to the benchmark repo rate was expected amid assessment of the West Asia conflict.
August 4, 2026
Show AI Summary
Interim bilateral trade agreement negotiations continue as both sides work to finalise unresolved issues in the proposed arrangement.
Interim bilateral trade agreement negotiations between India and the United States are continuing. Both sides have undertaken substantial work, while certain issues remain to be finalised before completion of the proposed interim trade arrangement. A United States Trade Representative delegation visited India to advance discussions. The text records the status of negotiations and identifies no concluded agreement or operative customs measure.
August 4, 2026
Show AI Summary
Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
Fuel-price volatility is to be mitigated through fiscal and administrative measures that protect consumers while maintaining fiscal sustainability. The approach includes monitoring revenue and expenditure, reprioritising spending, and using fiscal measures when economic conditions require. Reduced central excise duty on petrol and diesel moderated the impact of elevated international crude prices and partly offset under-recoveries of public-sector oil marketing companies. Longer-term measures include revenue mobilisation, import diversification, Strategic Petroleum Reserves, cleaner fuels and energy efficiency.
August 4, 2026
Show AI Summary
Tax policy certainty reforms propose easier fund management, data-centre access, electronics incentives and revised electronic-payment charging rules.
The proposed Bill seeks to simplify conditions for foreign investment funds using fund managers in India without being treated as carrying on business in India, while retaining safeguards against misuse and round-tripping. It proposes removal of approval requirements for foreign cloud companies using Indian data centres and permits leased operation of Indian data centres. It also extends tax support for foreign companies participating in electronics contract manufacturing and component warehousing, preserves tax-free dividends for REIT and InvIT investors in specified circumstances, and removes the prohibition on Merchant Discount Rate charges for notified electronic payment modes.
August 4, 2026
Show AI Summary
Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
Responsible precious-metals recycling is promoted through a commemorative recycled-gold coin intended to support domestic recycling, responsible sourcing and a self-reliant supply chain. The product is described as having certified purity authentication, tamper-proof packaging, a unique identification number and an assayer-certified minted card. The initiative seeks to reduce dependence on imported gold and expand organised, transparent recycling infrastructure. An organised silver buyback programme is also described as supporting secure consumer sales and a circular economy for precious metals.
August 4, 2026
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Broad-based growth strategy links tax reforms, trade resilience, industrial support and services development to medium-term economic expansion.
The growth strategy combines agricultural productivity, manufacturing, MSME support, infrastructure, logistics, ease of doing business, streamlined income-tax and GST reforms, innovation, digitalisation, human-capital development, energy security, public capital expenditure, foreign direct investment liberalisation, export promotion, fiscal prudence and price stability. Trade resilience is to be strengthened through expanded trade agreements, while manufacturing, services, agriculture and strategic sectors receive targeted policy support. The material also reports secured-asset enforcement cases and recoveries by banks under the SARFAESI framework during FY25.
August 4, 2026
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Co-operative bank governance and financial disclosure support digital transformation, risk management, priority-sector lending and sustainable member-focused growth.
Co-operative bank governance and financial disclosure were addressed at the annual general meeting, where the member-notice agenda was transacted and audited financial statements were presented. The bank reported growth in business, deposits and advances, together with net profit, asset quality, provisioning coverage and capital adequacy indicators. Its operational priorities include digital transformation, risk management, selective network expansion, customer service and operational discipline. Future priorities include retail and priority-sector lending, MSMEs, affordable housing and institutional deposits.
August 4, 2026
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Foreign-exchange market conditions weakened the rupee as oil prices, domestic equities and dollar strength shaped near-term currency expectations.
The rupee weakened against the US dollar amid elevated crude oil prices, weaker domestic equities and a stronger dollar index, while foreign fund inflows moderated the decline. Attention shifted to the central bank's monetary policy meeting, with continuation of the existing benchmark policy rate anticipated. Earlier measures encouraging overseas dollar deposits and facilitating foreign participation in government bonds were reported to support capital inflows and India's external position.
August 4, 2026
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MSME credit expansion combines SIDBI lending initiatives with guaranteed additional working-capital facilities for eligible borrowers.
MSME credit access is being expanded through SIDBI's branch network, direct lending, refinance support, co-lending arrangements, affordable credit for informal micro-entrepreneurs, and invoice-based digital credit for micro enterprises. Emergency Credit Line Guarantee Scheme 5.0 enables eligible MSMEs to obtain additional credit linked to peak fund-based working-capital outstanding, with full guarantee coverage for member lending institutions against defaults on the additional facility. The scheme also covers scheduled passenger airlines under distinct eligibility and guarantee parameters.

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November 12, 2025

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New Delhi, Nov 12 (PTI) Following are the top stories at 9 PM NATION DEL48 DL-2NDLD BLAST (5.00 PM)

Arrested doctor recced Red Fort many times in Jan; key suspects went to Turkiye, say sources New Delhi: An analysis of dump data retrieved from the mobile phone of Dr Muzammil Ganaie, who was arrested after police busted a white-collar terror module recently, showed that he conducted multiple reconnaissances of the Red Fort area in January this year, officials said.

DEL16 NCR-BLAST-2NDLD UNIVERSITY (6.26 PM)

Al Falah University started out as engineering college in 1997, MBBS classes began in 2019 Faridabad: The Al Falah University, which has come under the scanner following the busting of a "white-collar terror module" and the blast near Red Fort, started out as an engineering college in 1997 in the Muslim-dominated Dhauj village of Haryana's Faridabad.

DEL77 BIHAR-LD EXIT POLLS (7.41 PM)

2 latest exit polls point to NDA win; Axis My India predicts RJD as single-largest party New Delhi: Two fresh exit polls on Wednesday pointed to an NDA victory in Bihar with Axis My India showing a clear edge for the ruling alliance and Today's Chanakya forecasting a big win for it over the Mahagathbandhan.

DEL70 DL-BLAST-PM-2NDLD HOSPITAL VISIT (7.15 PM)

Red Fort blast: PM Modi meets survivors, says those behind conspiracy to be brought to justice New Delhi: Prime Minister Narendra Modi visited the LNJP Hospital on Wednesday and met the survivors of the Red Fort blast, saying the perpetrators will be brought to justice.

DEL78 DHARMENDRA-LD ALL DISCHARGE (7.53 PM)

Dharmendra discharged from hospital, family opts for home treatment Mumbai: Veteran actor Dharmendra was discharged from the Breach Candy hospital on Wednesday morning and will continue his recovery at home, his family and doctor said amid intense speculation about his health.

DEL64 HR-BLAST-RED CAR (6.42 PM)

Red Fort blast: Red car suspected to be linked to accused seized in Faridabad Chandigarh: A red Ford EcoSport car suspected to be linked to the Delhi Red Fort blast case has been traced and seized in Faridabad district's Khandawali, police said.

DEL82 EC-BH-REPOLL (8.02 PM)

Bihar elections: No repoll recommended in Phase 2 also, says EC New Delhi: The Election Commission on Wednesday said no repoll has been recommended in any of the polling booths of 122 assembly seats in Bihar that went to elections in the second phase.

DEL80 JK-2NDLD RAIDS-JEI (7.49 PM)

J-K Police raids around 500 locations linked to banned organisations including JeI Srinagar: Police on Wednesday intensified its crackdown on the terror ecosystem in Kashmir, carrying out raids at around 500 locations linked to terrorist associates, and persons affiliated with banned organisations, including Jamaat-e-Islami (JeI), in the valley, officials said.

DEL72 PAR-LD COMMITTEE (7.16 PM)

BJP's Aparajita Sarangi to chair joint panel on bills to remove PM, CMs; 4 oppn MPs part of it New Delhi: BJP leader Aparajita Sarangi was on Wednesday appointed as chairperson of the Joint Committee of Parliament to examine bills to remove the prime minister, chief ministers and Union/state cabinet ministers, if they are arrested or detained for 30 days straight on serious charges.

DEL27 JK-LD BLASTS-PREACHER (2.39 PM)

J-K cops detain Haryana preacher in 'white collar' terror module case Srinagar: A preacher from Haryana who allegedly helped store explosives in his rented home near Faridabad’s Al Falah university was detained and brought to Srinagar early Wednesday, Jammu and Kashmir police officials said.

DEL40 BLAST-PARL PANEL (3.56 PM)

Red Fort blast issue raised in Parliamentary panel, Chairperson declines discussion: Source New Delhi: The issue of the blast near Red Fort was raised in a meeting of a Parliamentary Standing Committee on Home Affairs on Wednesday, but the Chairperson of the panel refused to discuss the matter, a source said.

DEL41 HEALTH-POLLUTION-ADVISORY (4 PM)

Centre issues updated advisory to states, UTs for tackling air pollution-related diseases New Delhi: The Centre has issued an updated advisory to all states and Union territories asking them to ensure chest clinics in government health facilities and medical colleges under its National Programme on Climate Change and Human Health (NPCCHH) to tackle air pollution-related diseases.

BOM15 MH-TECHIE-ATS-2NDLD PROBE (6.17 PM)

ATS searches premises in Thane and Pune over arrest of techie for 'terror' links Mumbai: The Maharashtra ATS has searched the premises of a teacher in Thane and another person in Pune in connection with the recent arrest of a software engineer for his alleged links with Al Qaeda and other banned outfits, officials said on Wednesday.

CAL36 AS-LD OPPOSITION (8.39 PM)

Opposition parties to contest Assam Assembly polls unitedly: Gaurav Guwahati: Making a pitch for a tough battle ahead against the ruling BJP-led alliance, Assam Congress president Gaurav Gogoi on Wednesday announced that at least eight opposition parties have decided to unitedly contest the state assembly elections due next year.

BUSINESS DEL79 BIZ-SEBI-LD DISCLOSURE (7.45 PM)

Sebi panel for sweeping reforms in disclosure, conflict of interest rules for chairman, senior officers New Delhi: A Sebi panel has proposed comprehensive reforms to bring in transparency by way of greater disclosure and a "zero-tolerance" culture to address conflict of interest with regard to top officials of the capital market regulator.

BUSINESS LGD7 SC-LAWYER-LD BAIL (12.24 PM)

SC orders immediate release of Delhi lawyer arrested by Haryana STF in murder case New Delhi: The Supreme Court on Wednesday ordered the immediate release of Delhi-based advocate Vikram Singh, who was arrested by the Special Task Force of Gurugram Police in connection with a murder case.

LGD10 SC-AIR POLLUTION (4.38 PM)

Air pollution: SC asks Punjab, Haryana to apprise about steps taken against stubble burning New Delhi: Taking note of stubble burning leading to further worsening of air quality levels in Delhi-NCR, the Supreme Court on Wednesday asked the Punjab and Haryana governments to apprise it about the action taken to control the situation.

LGD19 SC-ASSAM PROF-THREAT (RPT) (8.32 PM)

'You're a threat to young girls': SC to Assam prof arrested for anti-India, obscene online posts New Delhi: The Supreme Court on Wednesday came down heavily on a professor at a college in Assam arrested for making anti-India and obscene social media posts, and called him "a threat to young girls" and a "pervert" who should not be allowed to enter the educational institution.

LGD18 SC-ARAVALLI HILLS (7.10 PM)

SC reserves verdict on uniform definition of Aravalli Hills and Ranges, takes note of panel's report New Delhi: The Supreme Court on Wednesday reserved its verdict on the crucial issue of defining the Aravalli Hills and Ranges for ensuring environmental conservation, land use regulation, and mining activities in Delhi, Haryana, Rajasthan, and Gujarat.

LGD11 SC-APOLLO HOSPITAL (RPT) (5.52)

Indraprastha Apollo Hospital attended only 9-10 percent EWS OPD patients in 5 yrs: Delhi govt to SC New Delhi: The Delhi government on Wednesday told the Supreme Court that Indraprastha Apollo Hospital attended only 9-10 per cent outpatients and 7-9 per cent inpatients belonging to economically weaker sections (EWS) in the past five years in contravention to its lease agreement.

FOREIGN FGN38 LD PM-BHUTAN (5.05 PM)

India reaffirms unwavering support to Bhutan's 13th five-year-plan Thimphu: India on Wednesday reaffirmed its "unwavering" support to Bhutan's 13th five-year-plan as Prime Minister Narendra Modi held talks with former king Jigme Singye Wangchuck and joined Bhutanese leadership to attend the Kalachakra initiation ceremony, hosted as part of the Global Peace Prayer Festival.

FGN52 PREZ-BOTSWANA-2ND LD CHEETAH (7.25 PM)

India, Botswana announce Cheetah translocation pact; Prez Murmu says 'will take good care of them' Gaborone (Botswana): India and Botswana on Wednesday formally announced to translocate eight Cheetahs from the African nation during the state visit of President Droupadi Murmu.

FGN34 US-TRUMP-LD H1B (4.23 PM)

US has to bring in talent from around the world: President Trump on H-1B visa New York: In what is seen as a U-turn, US President Donald Trump appeared to defend the H-1B visa programme to bring talent from across the world, saying a foreign investor cannot pull people off an unemployment line, who haven't worked in five years, and start making missiles. By Yoshita Singh

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