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    Rupee jumps 39 paise to 94.89 against US dollar ahead of RBI monetary policy decision
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    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.
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    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.
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    August 4, 2026
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    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
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    Interim bilateral trade agreement negotiations continue as both sides work to finalise unresolved issues in the proposed arrangement.
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    August 4, 2026
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    Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
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    August 4, 2026
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    Tax policy certainty reforms propose easier fund management, data-centre access, electronics incentives and revised electronic-payment charging rules.
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    Broad-based growth strategy links tax reforms, trade resilience, industrial support and services development to medium-term economic expansion.
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    Co-operative bank governance and financial disclosure support digital transformation, risk management, priority-sector lending and sustainable member-focused growth.
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    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.
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    August 4, 2026
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    WTO dispute settlement challenges test India's safeguards, agricultural support, technology tariffs and production-linked incentives across pending proceedings.
    Nine pending WTO disputes against India concern safeguard measures, sugar support and export schemes, information and communications technology tariffs, and technology-sector incentives. India contests the claims as consistent with its WTO rights and obligations. Appeals concerning iron and steel safeguards, sugar measures, and certain information and communications technology tariff reports remain pending, including because the WTO Appellate Body is non-functional. Other proceedings concern Chinese challenges to production-linked incentives, tariffs, and solar, automotive, renewable-energy and information-technology measures; one panel proceeding is ongoing and another panel has not been constituted.
    August 4, 2026
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    Digital business law and entrepreneurship education combine management, compliance and innovation training for technology-driven enterprise careers and ventures.
    The MBA programme integrates management education, entrepreneurial capability, digital business law, and legal and policy awareness for technology-driven enterprise. It addresses compliance, digital platforms, data-driven decision-making, artificial intelligence, digital transactions, intellectual property, cross-border commerce and evolving regulatory frameworks. The programme is designed for prospective founders, start-up professionals, transforming family businesses and careers in consulting, strategy, business development, policy-oriented enterprises and digital commerce, with industry-relevant entrepreneurship education and digital-first learning.
    August 4, 2026
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    Savings account access expands through video KYC, mobile banking, no-minimum-balance options, monthly interest payments and deposit insurance coverage.
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    August 4, 2026
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    Foreign-exchange market conditions supported a modest early rupee gain, while importer demand and policy data remained key factors.
    Foreign-exchange market conditions supported a marginal early appreciation of the rupee against the US dollar, led by broad US-dollar weakness, improved risk sentiment, lower oil-price levels and foreign portfolio inflows. Importer demand for dollars moderated the movement. Market direction remained linked to the forthcoming monetary-policy decision and US economic data, while reported central-bank activity was described as helping smooth currency volatility. The US dollar index, crude-oil movements, global supply expectations and domestic equity-market activity were relevant exchange-rate influences.
    August 4, 2026
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    Quality statistics drive statistical-system reform through administrative data, interoperable systems, stronger governance, and international cooperation for evidence-based policymaking.
    Quality statistics are advanced through modernised national statistical systems, administrative data, digital public infrastructure, and stronger data-governance and privacy standards. Cooperation among national statistical offices is intended to address data gaps through knowledge sharing, methodological harmonisation and statistical innovation. Discussions also emphasised digital dissemination, transformational statistical reforms, and the use of administrative data for timely, cost-effective and granular official statistics, supported by harmonised metadata, interoperable systems and institutional collaboration.
    August 4, 2026
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    Digital statistical modernisation strengthens survey quality, macroeconomic indicators, international standards alignment and infrastructure performance monitoring through standardised data systems.
    National statistical modernisation uses digital survey platforms with validation checks, AI-enabled support and multilingual interfaces, alongside short-duration surveys and administrative data to improve sampling and timely official statistics. Reforms include base revisions for Gross Domestic Product, Consumer Price Index and Index of Industrial Production; adoption of metadata, quality-assessment and classification standards; and alignment with international statistical principles and methodologies. Sustainable development indicators and infrastructure monitoring are supported through a national indicator framework, PAIMANA and a standardised performance dashboard.

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      Users are free to delete it, if they wish: Scindia as privacy row erupts on Sanchar Saathi directive

      December 2, 2025

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      New Delhi, Dec 2 (PTI) As a government order to manufacturers to preload a state-run cybersecurity app, Sanchar Saathi, on all phones kicked up a privacy row, Communications Minister Jyotiraditya Scindia on Tuesday appeared to soften the stance, saying users are free to delete it if they so wish, and that it will remain inactive till they register on it.

      The November 28 order from his ministry directed smartphone makers to pre-install the app on all new devices and push it through updates on older ones. Many opposition leaders and critics saw it as a snooping attempt, as they felt the app could listen to calls and monitor messages.

      Some phone makers, such as Apple, were reportedly opposed to the mandate. Sources said Apple would discuss the issue with the government and work out a middle path, as the order cannot be implemented in its current form.

      Scindia stepped in to diffuse the crisis and denied allegations that it was an app for snooping.

      "If you want to delete it, then delete it," Scindia told reporters outside Parliament.

      "But not everyone in the country knows that this app exists to protect them from fraud and theft." While the November 28 order stated that the makers have to ensure that the functionalities of the app are not "disabled or restricted", it wasn't immediately clear if the app will be embedded in the operating software or is proposed to be a secondary one.

      Tech experts said any app, if embedded in the operating system, cannot be deleted by users. Some secondary apps, while not being visible on the home screen, may continue to run in the background.

      Some experts point out that the Sanchar Saathi app, like most other apps, seeks access to call logs, phone camera, notifications, phone dialer app, and SMS.

      The move mimics a similar mandate issued by Russia in August, requiring a state-backed messaging app MAX to be pre-installed on all smartphones.

      Denying the Opposition's charges, Scindia asserted that there was no snooping or call monitoring through the app.

      "It is our responsibility to make this app reach everyone. If you want to delete it, then delete it. If you don't want to use it, then don't register it. If you register it, then it will remain active. If you don't register it, then it will remain inactive," he said.

      Minister of State for Communications Chandra Sekhar Pemmasani on Tuesday said that Sanchar Saathi app-related matters have been discussed with all mobile phone players in a working group, except Apple, as it did not participate in it.

      The minister told PTI that the Sanchar Saathi app is like any other app, which can be activated and deleted by consumers, and it is meant to ease reporting of online fraud and trace lost mobile phones, among others.

      An industry source said that Apple will discuss the order on Sanchar Saathi app installation and work out a middle path with the government.

      The company may not be able to implement the order in the current form, according to sources.

      The government maintains that the app is crucial to counter "serious endangerment" to telecom cybersecurity from duplicate or spoofed IMEI numbers, which enable scams and network misuse.

      IMEI or International Mobile Equipment Identity is a 14 to 17-digit number, unique to each handset, which is used to cut off network access for phones reported to have been stolen.

      "Everyone must have the right to privacy to send messages to family and friends without the government looking at everything," Congress General Secretary Priyanka Gandhi Vadra said, criticising the mandate for installing the app.

      As per the direction issued, all mobile phone companies are required to report compliance to the DoT within 120 days.

      Earlier in the day, Congress leaders criticised the order of the DoT to mandatorily install the Sanchar Saathi App in all mobile phones.

      Congress MP Renuka Chowdhury filed an adjournment motion notice in the Rajya Sabha, seeking suspension of business to discuss the government's latest directions on the Sanchar Saathi app.

      Congress General Secretary KC Venugopal had said on Monday that the right to privacy is an intrinsic part of the fundamental right to life and liberty.

      Scindia pointed out that the Opposition is just trying to find an issue out of nowhere and countered the allegation that it was an app for snooping.

      "This is a step towards public participation. In this, people should not object; people should welcome. On the basis of this, when you buy a mobile phone, on the basis of that, whether the IMEI number is fake or genuine, you can recognise it on the basis of the Sanchar Saathi app," the minister said.

      He said there have been more than 1.5 crore downloads of the Sanchar Saathi App. The minister said that to date, approximately 2.75 crore fraudulent mobile connections have been disconnected, and approximately 20 lakh stolen phones have been traced on the basis of public participation through Sanchar Saathi.

      The minister said approximately 7.5 lakh stolen phones have been returned to the user, and approximately 21 lakh phones have been disconnected on the basis of user recognition and reporting.

      He further said that on one side, the power of telecommunications is connecting citizens, and on the other side, there are forces who are misusing its power to commit fraud, steal money and mobile phones. The minister asserted that the app is meant to protect customers.

      "If an app is embedded in the operating system, then it cannot be deleted by users. Some apps that masquerade themselves as system app, even if deleted, can continue to run in the background. The Sanchar Saathi app, like most other apps, seeks user access to call logs, sms, phone camera and notifications. After a clarification from the Union Telecom Minister, we are yet to see any amended order to clarify that the app can be deleted," technology industry expert and Techshots CEO Akhilesh Shukla said.

      CUTS International, Director for Research, Amol Kulkarni, said, despite good intentions, the mandate to pre-install the Sanchar Saathi app on mobile handsets without any prior public consultation raises key concerns regarding expectations from citizens to blindly trust the government without questioning, and the inability of the government to suggest superior privacy-enhancing and choice-respecting alternatives.

      "There is no clarity on what happens if it is realised that Sanchaar Saathi collects more data than necessary, in violation of purpose limitation requirements of the Digital Personal Data Protection Act, many provisions of which are not applicable to the government," Kulkarni said. PTI PRS MBI ANZ CS MBI BAL BAL

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