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    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
    Markets climb in early trade on falling crude oil prices; RBI monetary policy decision awaited
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    August 5, 2026
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    Closing auction price discovery and unchanged policy rates shaped volatile equity trading amid inflation and geopolitical uncertainty.
    The Monetary Policy Committee retained the policy repo rate and neutral policy stance while seeking greater clarity on inflation risks from higher energy costs. Stock exchanges introduced the Closing Auction Session for eligible futures and options shares in the equity cash segment to determine closing prices through a more transparent and robust auction-based price-discovery mechanism. Equity markets showed volatile, limited gains amid geopolitical uncertainty, energy-price concerns, profit booking and the new mechanism's introduction.
    August 5, 2026
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    Pakistan-origin import prohibition covers third-country routing, false origin declarations, forged documents, and trans-shipment arrangements used to evade restrictions.
    The prohibition on direct or indirect import or transit of goods originating in or exported from Pakistan extends to goods routed through third countries and falsely declared as having another origin. Misdeclaration of country of origin, false descriptions, forged documentation, and trans-shipment arrangements may contravene that prohibition and invite action under the Customs Act, 1962. Dry dates declared as UAE-origin and Guggul resin declared as Somalia-origin were investigated as goods of Pakistan origin routed through Dubai.
    August 5, 2026
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    Foreign exchange stability measures support the rupee as policy continuity, capital inflows and global risk sentiment shape currency expectations.
    Foreign exchange market movement reflected a rupee appreciation against the US dollar following the monetary policy decision to retain the repo rate and neutral stance. Market sentiment was supported by softer crude oil prices, weakness in the US dollar, lower US Treasury yields and foreign equity inflows. The monetary policy framework sought to support capital inflows and maintain an orderly rupee trajectory, with geopolitical developments and US economic data remaining relevant to near-term exchange-rate expectations.
    August 5, 2026
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    Money-laundering investigation examines alleged proceeds from chit fund operations following searches linked to a former company managing director.
    A money-laundering investigation concerns alleged proceeds of crime arising from a multi-state chit fund operation associated with Welfare Building and Estates Pvt Ltd. The company is alleged to have collected investor deposits through investment schemes promising high returns before defaulting. Searches at premises linked to its former managing director form part of the inquiry into alleged laundering. The underlying alleged fraud had previously resulted in a CBI case and multiple police FIRs.
    August 5, 2026
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    Political restraint in public communications was urged, alongside adherence to principal-speaker protocol during press conferences and media interactions.
    Political restraint in public communications was urged after a social-media remark directed at Sunetra Pawar was criticised as ideologically irresponsible. It was stated that regret alone was insufficient and that leaders should exercise care in public comments. Press-conference protocol was also emphasised: the principal dignitary should respond to media questions, and those seated alongside should not participate in the interaction. Party colleagues were expected to act more responsibly in future media engagements.
    August 5, 2026
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    Neutral monetary policy stance continues as inflation clarity is awaited, alongside cooperative banking and lending-rate transparency measures.
    Monetary policy maintained the benchmark policy repo rate and a neutral stance pending clearer evidence that energy-cost pressures will generate broad-based inflation. Inflation is expected to rise temporarily due principally to food and fuel prices before moderating, while core inflation remains benign. The approach remains data-dependent, supported by two-way liquidity operations. Proposed measures include resuming urban cooperative bank licensing, revising rural cooperative bank credit-monitoring directions, and harmonising interest-rate regulation on advances across regulated entities to improve transparency and consumer protection.
    August 5, 2026
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    Repo rate stability preserves the policy stance amid lower inflation projections, stronger growth expectations and external-sector resilience.
    Monetary policy maintained the repo rate at 5.25 per cent following a unanimous policy committee decision. The growth forecast for FY27 was marginally increased, while the inflation projection was lowered. Inflation conditions remain uncertain because of monsoon, El Nino and geopolitical developments. Liquidity remained in surplus, and external-sector indicators reflected a current-account surplus, buoyant foreign direct investment inflows, renewed foreign portfolio investment inflows, and adequate foreign-exchange reserves.
    August 5, 2026
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    Polymer currency notes target improved durability as monetary policy remains data-dependent and rupee management pursues an orderly trajectory.
    Polymer currency notes are targeted for circulation at the beginning of the next financial year, subject to implementation proceeding as planned. They are intended to improve durability, especially for lower-denomination notes with high circulation velocity. Monetary policy decisions will remain data-dependent and focused on aligning headline inflation with its medium-term target. Foreign Currency Non-Resident (Bank) scheme inflows are expected to remain healthy until closure, with no proposal for premature termination. Rupee management aims to maintain an orderly exchange-rate trajectory.
    August 5, 2026
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    Customs anti-smuggling enforcement targets gold concealed as silver-coated armlets following passenger profiling and personal search at airport.
    Customs officers intercepted two passengers arriving from Istanbul after Advance Passenger Information System profiling and their activation of the Door Frame Metal Detector. A personal search recovered approximately one kilogram of gold, silver-coated and concealed as traditional armlets worn on the upper arms. The gold was seized under the Customs Act, a smuggling case was registered, and investigation was initiated into the source and any wider smuggling network.
    August 5, 2026
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    Closing auction price discovery for eligible derivatives shares begins as monetary policy retains the repo rate and neutral stance.
    The Reserve Bank retained the repo rate with a neutral stance amid uncertainty over energy prices and supply disruptions. Stock exchanges introduced the Closing Auction Session in the equity cash segment for eligible shares with futures and options contracts. This auction-based mechanism determines closing prices of eligible stocks and aims to make price discovery more transparent and robust.
    August 5, 2026
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    Services-sector growth slowed as weaker demand, competition and postponed orders moderated business activity, while employment improved modestly.
    Services-sector growth slowed as domestic and export orders moderated amid weaker demand, competitive pressures, softer market conditions and postponed orders. Output continued to expand, but at its weakest pace in more than four years. Employment growth improved modestly, while input costs rose and firms increased selling prices. Business confidence remained positive but declined, and the composite output indicator weakened due principally to the sharp slowdown in services activity.
    August 5, 2026
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    Interim bail conditions require residence outside the state and trial attendance in alleged manpower commission corruption proceedings.
    Interim bail was granted to Anwar Dhebar in a matter involving alleged corruption and an illegal commission mechanism linked to a state marketing corporation. Conditions require him to remain outside Chhattisgarh, attend the trial court, and provide his residential address. The allegations concern manpower supply agencies allegedly being compelled to pay commissions for clearance of legitimate bills, with proceeds routed through intermediaries. The case was registered under the Indian Penal Code and the Prevention of Corruption Act.
    August 5, 2026
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    Tax certainty measures revise fund-management safe harbours, electronic-payment charges, sectoral exemptions, business-trust treatment, and excess expenditure appropriation.
    The Taxation and Other Laws (Amendment) Bill, 2026 proposes to replace the Income-tax (Amendment) Ordinance, 2026 and amend payment-system and tax laws. It would prohibit charges on notified electronic payments, revise safe-harbour conditions for eligible investment funds and fund managers, and expand tax exemptions for Government securities, qualifying rough-diamond sales and bonded-warehouse component storage. It also modifies exemptions concerning electronic-goods contract manufacturing, data centres and business-trust dividends, while imposing a differentiated surcharge on qualifying special purpose vehicles. A separately included appropriation bill authorises excess expenditure from the Consolidated Fund of India.
    August 5, 2026
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    Growth and inflation projections reflect resilient domestic activity while energy volatility, supply disruptions, and food prices sustain inflation risks.
    Monetary policy projections for fiscal 2026-27 revise real GDP growth upward to 6.7 per cent and Consumer Price Index inflation downward to 5 per cent. Domestic activity is described as resilient amid global uncertainty, but inflationary risks persist from rainfall disruption, energy-price volatility, supply-chain uncertainty, and second-round effects of higher food, fuel and input costs. Core inflation is projected at 4.3 per cent for the fiscal year.
    August 5, 2026
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    Industry collaboration strengthens MSME competitiveness through shared resources, market linkages, capability building and inclusive support for women entrepreneurs.
    MSME development is linked to collaboration, knowledge-sharing, institutional support and capability building. Industry associations can provide networking, policy advocacy, business intelligence, skills programmes, shared infrastructure and market linkages, while collective procurement, shared logistics, digital commerce and export readiness may improve competitiveness. Women-led enterprises benefit from market-oriented capability development, mentorship, continuous learning, professional networks, capacity-building programmes and institutional support. The Development of Industry Associations initiative is intended to connect associations and facilitate the sharing of best practices.
    August 5, 2026
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    Monetary policy rate maintenance continues under a neutral stance amid energy disruption, inflation concerns and sustained currency depreciation.
    Monetary policy rate maintenance was continued with the repo rate retained at 5.25 per cent under a neutral stance amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The growth forecast was marginally increased and the inflation projection reduced. Sustained rupee depreciation against the dollar was attributed to costly oil, capital outflows, widening trade deficits and a strong US dollar.
    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.

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      Singapore International Foundation, SingHealth & Tamil Nadu DPHPM Strengthen Maternal & Child Health Through Decade-Long Collaboration

      November 17, 2025

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      Over a decade of collaboration, the Singapore International Foundation, SingHealth, and Tamil Nadu’s Department of Public Health and Preventive Medicine have trained about 1,150 healthcare professionals and improved care for thousands of mothers and newborns.

      Chennai, Tamil Nadu, India – Business Wire India The Singapore International Foundation (SIF), SingHealth, and the Department of Public Health and Preventive Medicine (DPHPM), Government of Tamil Nadu, today marked the conclusion of the second phase of the Enhancing Maternal and Child Health Services (EMCH) Project.

      Launched in 2015, the EMCH Project aims to strengthen maternal and child healthcare across Tamil Nadu. Building on the success of the first phase, the current phase (2023–2025) extended its reach to Primary Health Centres, enhancing the management of high-risk pregnancies and neonatal emergencies, and improving outcomes across the state’s maternal and child health system.

      Phase One (2015–2018) trained more than 1000 healthcare professionals and contributed to reduced maternal mortality in districts including Tiruchirapalli, Chengalpattu, and Pudukottai. Phase Two built on this progress by training another 144 professionals and developing a new cadre of Master Trainers to sustain knowledge sharing within Tamil Nadu’s healthcare ecosystem.

      Together, these efforts mark a decade-long collaboration that continues to enhance health outcomes while deepening Singapore-India ties through shared expertise and friendship. This initiative also represents the SIF’s fourth maternal and child health project across Tamil Nadu and Karnataka and underscores its 30 years of partnership with India – fostering collaborations, sharing expertise, and uplifting communities.

      Empowering Local Healthcare Professionals for Long-Term Impact Between 2023 and 2025, Singapore International Volunteers from Singapore’s KK Women’s and Children’s Hospital and SingHealth Polyclinics – comprising doctors and nurses – conducted multidisciplinary workshops that combined clinical training, technical assistance, and protocol review for counterparts across Tamil Nadu’s primary, secondary, and tertiary healthcare institutions. These 144 professionals are now better equipped to manage obstetric and neonatal emergencies and high-risk pregnancies.

      Using a Training-of-Trainers (ToT) framework, 50 participants from the trained cohort were identified as Master Trainers. They were equipped with both clinical and pedagogical skills, enabling them to facilitate peer learning within their own institutions. These Master Trainers will continue sharing their expertise across the state, ensuring that best practices are sustained and applied consistently.

      Feedback from Phase Two participants indicate marked improvement in confidence and skills across key areas of obstetric and neonatal emergency management, including patient assessment, referral processes, and multidisciplinary teamwork. Collectively, these efforts are projected to benefit an estimated 20,000 mothers and newborns through better clinical outcomes and strengthened standards of care.

      Ms Corinna Chan, CEO, Singapore International Foundation, said: “The Enhancing Maternal and Child Health Services Project reflects the power of international collaboration to create meaningful, lasting impact. By uniting healthcare experts from Singapore and Tamil Nadu, we have not only strengthened clinical capabilities but also deepened the bonds of friendship between our peoples. Over the past three decades, the SIF has partnered with Indian communities on more than 20 projects in education and healthcare. Our specialist volunteers have been central to these efforts, working alongside their Indian counterparts in a spirit of mutual learning and collaboration to uplift lives. We look forward to building on this strong foundation to continue creating positive change together.” Ms Vijaya Rao, Director, SingHealth International Collaboration Office, said: “This partnership with SIF demonstrates the value of collaborative healthcare development. Our clinical teams have worked alongside Tamil Nadu's healthcare professionals to share knowledge and implement practices that have strengthened maternal and child health services in the region. Drawing on the SingHealth institutions' healthcare expertise, we've been able to support locally relevant solutions that improve patient outcomes. This collaboration reflects our commitment to meaningful partnerships that build sustainable healthcare capacity and create lasting benefits for the communities we serve.” Dr A. Somasundaram, Director of Public Health and Preventive Medicine, Tamil Nadu, said: “We are grateful for the partnership with the Singapore International Foundation and SingHealth. The knowledge exchange and technical guidance provided through this project have greatly enhanced our healthcare professionals’ confidence and competence in managing maternal and child health challenges. The collaborative training approach has strengthened local systems, improved clinical coordination, and contributed to safer outcomes for mothers and newborns. We look forward to continuing this partnership to further advance the quality and accessibility of maternal and child health services across Tamil Nadu.” Dr Shephali Tagore, Senior Consultant, Department of Maternal Fetal Medicine, and Director of O&G International Medical Programme, said: “This project has been a deeply meaningful experience. Our Tamil Nadu counterparts demonstrated remarkable ingenuity in adapting evidence-based maternal and fetal care to local needs. Their commitment and innovation have inspired us, making this a truly collaborative exchange that strengthened our shared pursuit of safer outcomes for mothers and newborns.” Dr Ng Chung Wai Mark, Director, Global Health, SingHealth-Duke NUS Family Medicine Academic Clinical Programme, Senior Consultant, Family Physician, SHP, said: “Enhancing the referral system is a vital step in strengthening the continuum of care for high-risk antenatal women. It helps primary care physicians identify and manage risks early, before they become emergencies. This requires a systems-based approach, by reviewing roles and care processes, auditing practices, and continuously improving care. I am inspired by the professionalism and dedication of our primary care colleagues in Tamil Nadu, whose commitment will carry these efforts forward. Collaborating on this initiative has been deeply meaningful and reaffirmed the power of shared learning in improving maternal health outcomes.” Contributing to the UN Sustainable Development Goal 3 – Good Health and Well-being – by promoting safe pregnancies and reducing maternal mortality rates, the EMCH Project is one of several Singapore-India collaborations in public health, reflecting a shared commitment to advancing healthcare excellence through cross-border learning and collaboration.

      As Singapore and India commemorate 60 years of diplomatic relations, both nations continue to reaffirm that people-to-people ties remain the bedrock of our partnership. Reflecting this spirit, the EMCH Project exemplifies how collaboration between healthcare professionals can strengthen communities, foster mutual understanding, and contribute to better health outcomes across borders.

      About the Singapore International Foundation The Singapore International Foundation aims to build eco-systems to catalyse change for a better world. We bring together people from the public, private, and philanthropic sectors across countries to harness the collective strength that is needed to address shared environmental and social challenges. Our work is focused in the areas of climate, culture, digital, education, health, justice, and youth. We believe that cross-boundary collaboration is critical to foster sustainable solutions in an interconnected world. Find out more at www.sif.org.sg.

      About Singapore Health Services (SingHealth) SingHealth, Singapore’s largest public healthcare cluster, is committed to providing affordable, accessible and quality healthcare to patients. With a network of acute hospitals, national specialty centres, polyclinics and community hospitals offering over 40 clinical specialties, it delivers comprehensive, multidisciplinary and integrated care. Beyond hospital walls, SingHealth partners community care providers to enable the population to keep well, get well and live well. As part of the SingHealth Duke-NUS Academic Medical Centre, SingHealth also focuses on advancing education and research to continuously improve care outcomes for patients. SingHealth celebrates its 25th anniversary in 2025. For more information, please visit: www.singhealth.com.sg.

      Members of the SingHealth group Hospitals (Tertiary Specialty Care): Singapore General Hospital, Changi General Hospital, Sengkang General Hospital, KK Women's and Children's Hospital, and Eastern General Hospital (expected completion around 2029 to 2030) National Specialty Centres (Tertiary Specialty Care): National Cancer Centre Singapore, National Dental Centre Singapore, National Heart Centre Singapore, National Neuroscience Institute, and Singapore National Eye Centre SingHealth Polyclinics (Primary Care): Bedok, Bukit Merah, Eunos, Marine Parade, Outram, Pasir Ris, Punggol, Sengkang, Tampines, Tampines North and Kaki Bukit (upcoming) SingHealth Community Hospitals (Intermediate and Continuing Care): Sengkang Community Hospital, Outram Community Hospital, and Eastern Community Hospital (expected completion around 2029 to 2030) To View the Image, Click on the Link Below: The Singapore International Foundation and Tamil Nadu’s DPH conclude Phase Two of the EMCH Project in Chennai (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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