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

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      TeachBetter.ai Releases Version 3.0 — The Best AI Platform for Teachers & Students Evolves Into a Comprehensive, Affordable, All-in-One Education Suite With 20+ AI Tools, 100+ Simulations, and More

      November 27, 2025

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      Bangalore, India — [27-Nov-2025]: TeachBetter.ai, one of India’s fastest-growing education technology platforms, today announced the launch of Version 3.0 — a major upgrade that strengthens its position as the best and most loved all-in-one AI platform for teachers, students, and schools. Used by over 20,000 teachers and students, TeachBetter.ai is built to solve one of education’s biggest challenges: shifting classrooms away from rote memorisation toward deep understanding, personalisation, and real-world application of concepts. A Vision to Redefine Modern Education For decades, the education system has emphasised memory over meaning. Students memorize information for exams, only to forget it later. But the world has changed — and so must learning. At the heart of TeachBetter.ai is a mission to transform this paradigm. “At TeachBetter.ai, our mission is simple — to help education move beyond rote memorisation toward personalisation, deep understanding and real-world application of every concept,” said Binit Agarwalla, Founder of TeachBetter.ai. “To enable this at scale, we’re building the most affordable, comprehensive, and accessible all-in-one AI platform for the masses.” Using TeachBetter.ai, a teacher can now teach Newton’s Laws (or any academic concept) in a dozen different engaging ways — through stories, real-life examples, images, videos, simulations, activities, projects, and personalised assessments. This multi-modal approach makes learning richer, deeper, and truly memorable. TeachBetter.ai, founded by NIT and IIM Alumnus, Binit Agarwalla and Vipin Kumar, is built on a shared belief that world-class technology should empower every teacher and student — not just a privileged few. What’s New in TeachBetter.ai Version 3.0 With Version 3.0, TeachBetter.ai introduces five major advancements designed to elevate the teacher and student experience: 1. 20+ AI Tools for Teachers & Students A complete suite of tools — including the Lesson Planner, Quiz & Worksheet Generator, Concept Explainer, Doubt Solver, YouTube Video Analyzer, Creative Resource Generator, and more — empowers teachers to save 5–10 hours every week on preparation. These AI tools generate high-quality, multimodal learning resources—stories, images, videos, examples, activities, and assessments—that make teaching more engaging and help drive deep conceptual understanding in every classroom. For students, TeachBetter.ai offers a meaningful alternative to jumping between Google, YouTube, and ChatGPT, where distractions are high and learning is unstructured. Instead, students receive focused, safe, and personalised support — helping them truly understand concepts, not just search for answers. 2. Instant Presentation Generator (Slides with Text + Images + Videos) With TeachBetter.ai’s new Presentation Generator tool, a full presentation can now be generated in seconds — including structured content, relevant images, and topic-aligned videos. Users can further refine each slide by searching for alternate visuals, updating media, and customising layouts. The deck is export-ready for PPT or Google Slides with a single click. 3. 100+ Interactive Simulations (Physics, Chemistry, Maths & More) From projectile motion to chemical reactions to geometry, students can now explore concepts through immersive, hands-on simulations that turn theory into experience. These simulations make even the most abstract ideas visual, interactive, and easy to grasp, helping students move from passive memorisation to active understanding, curiosity, and real-world application. 4. Support for 80+ Languages TeachBetter.ai now supports more than 80 Indian and global languages, making learning truly inclusive and accessible for every region, board, and classroom. Teachers can create lessons, quizzes, explanations, and presentations in the language their students understand best, ensuring stronger comprehension, deeper connection, and personalised learning for all. 5. Powered by the World’s Best AI Models for High-Quality, Curriculum-aligned, Multimodal Output TeachBetter.ai uses cutting-edge AI models, fine-tuned for educational content, to generate high-quality text, filtered images, and videos. The system prioritises conceptual clarity, factual correctness, and multimodal depth, ensuring that every resource created is classroom-ready, reliable, and easy for students to understand. Take a quick look at TeachBetter.ai’s Version 3.0 launch announcement in this video. Educators’ Voice: Why Teachers Recognize TeachBetter.ai as the Best AI Platform for Teaching & Learning From Kanyakumari in India to Kisii County in Kenya, from teachers currently pursuing their B.Ed to those with 30+ years of classroom experience, educators across geographies and generations consistently rate TeachBetter.ai as one of the best AI platforms for teachers and students. Here’s why — in their own words: • “TeachBetter.ai is the game-changer my rural school needed… Finally, high-quality resources are within reach.” — Ajithra, School Admin, Tamil Nadu • “Everything I need is now in one place. Lesson plans, worksheets, quizzes — it’s like having a creative teaching partner by my side.” — Hiral Laddha, Trainer, Rajasthan • “ChatGPT wasn’t accurate for my curriculum. TeachBetter.ai consistently gives reliable, structured, academic content.” — Kepha Otuke, Teacher, Kenya • “TeachBetter.ai generates full lesson plans and quizzes for Hindi and Sanskrit in minutes. A total game-changer for educators.” — Lavina Bulani, English Teacher, Jaipur • “After 30 years in teaching, I find TeachBetter.ai revolutionary… high-quality quizzes and assignments in minutes.” — Dr. M. Gopalakrishnan, Senior Mathematics Teacher • “TeachBetter.ai is the most teacher-friendly AI tool out of the 23 platforms I’ve trained 10,000+ teachers on.” — T. Ramlal, Mentor & State Trainer, Telangana • “It simplifies complex topics into simple, visual content. A true messiah for modern educators.” — Tushar Upadhyay, AI Educator, Vadodara Across every story, the message is the same: TeachBetter.ai doesn’t replace teachers — it empowers them. It helps them teach smarter, save hours, personalise learning, and ensure students understand concepts deeply, not just memorise them. Read more educator stories here. Backed by Research: AI in Education Is No Longer Optional TeachBetter.ai recently published a detailed research report — The Future of Education with AI: 2025 — capturing insights from hundreds of teachers, students, and academic leaders. The findings reflect a decisive shift in global education: • 84% of teachers said AI significantly reduces lesson planning time • 78% of students prefer personalised, AI-supported learning • 92% of teachers believe AI can help shift classrooms from memorisation to conceptual understanding The core purpose behind building TeachBetter.ai has always been to move education beyond memorisation and toward true conceptual understanding and real-world application. This research makes the message unmistakably clear — teachers want this shift, students need this shift, and classrooms across the world are finally ready for this shift. Built for the Masses: Affordable, Accessible, and Simple — By Design As AI rapidly transforms education, one reality remains clear: powerful technology only creates impact when it is accessible, affordable, and easy to use. These pillars form the foundation of TeachBetter.ai — and Version 3.0 strengthens them more than ever. To democratise world-class AI for the masses, TeachBetter.ai is designed to break the biggest barriers to tech adoption in schools: • Affordability — AI for Every Classroom: TeachBetter.ai is intentionally priced for mass adoption at just ₹149/month (≈ USD 1.7) after a 30-day free trial. • Accessibility — Built for Every Region, Board, and Learning Need: With support for 80+ Indian and global languages, multimodal content generation, and curriculum-aligned tools, TeachBetter.ai ensures high-quality learning reaches students everywhere — from remote villages to urban classrooms. • Simplicity — Zero Learning Curve: Teachers don’t need prompt engineering skills, technical training, or access to multiple apps. TeachBetter.ai brings everything under one roof — lesson plans, worksheets, presentations, videos, activities, and simulations — so educators can create classroom-ready resources in minutes, not hours. • Ease of Use — Designed Like a Co-Teacher: The platform works the way teachers think: structured, accurate, age-appropriate, and instantly usable. This is why educators from rural schools, new teachers, and even those with 30+ years of experience consistently rate TeachBetter.ai as the best AI platform for teachers and students. TeachBetter.ai is more than a platform — it is a movement to democratise technology for millions of teachers and students. And this is just the beginning. TeachBetter.ai Version 3.0 is now live. Educators and students can start with a 30-day free trial. Visit www.TeachBetter.ai Follow us on Instagram Follow us on LinkedIn Media Contact: Vipin Kumar [email protected] (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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