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    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
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August 5, 2026
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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
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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
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
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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
Show AI Summary
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.

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BlockDAG News Confirms Presale Ending Date, DeepSnitch AI Is Trending With 100% Bonus Offer

December 11, 2025

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BlockDAG, one of the most successful presales of 2025, has announced new developments. Some BlockDAG development updates include a mainnet launch and token listing planned for the first half of 2026, with some exchanges already confirmed, including MEXC. The community is excited about this BlockDAG news, as the presale raised over $440 million. For those who missed the BDAG presale, a new opportunity is DeepSnitch AI. This artificial intelligence project looks promising for 2026, while its presale, still in stage 3, has already raised over $730,000. With the AI sector projected to be the fastest-growing next year, this is a chance to get early into new crypto with incredible upside potential.

PNC Bank is the first traditional US bank to offer Bitcoin spot trading within its internet banking service On December 9th, news surprised the crypto market with the announcement that PNC Bank had become the first American bank to integrate Bitcoin spot trading into its internet banking service. This means that PNC Private Bank clients can now buy, sell, and even hold BTC without leaving their online banking platform.

This move it's possible as integration that utilizes Coinbase's "Crypto-as-a-Service" infrastructure. For now, this offering is restricted to private clients, but PNC plans to soon expand the service to institutional clients as well.

On Coinbase's side, Brian Armstrong celebrated the company's start of becoming an infrastructure provider for banks, stating that the US has entered a "golden age for freedom" for crypto, with the pro-crypto support of the Trump administration, and he expects a bullish 2026 for the market.

DeepSnitch AI: The innovative AI project with 100x potential According to Dune Analytics, in prediction markets like Polymarket, only 16% of wallets are profitable. The vast majority lose money because they lack access to the right information about the events they bet on. This dynamic is also repeating itself in the crypto market, where over 80% of small investors lose money, driven by FOMO buying and panic selling.

While institutions and whales operate with privileged intelligence, small investors trade based on emotions and outdated information, becoming exit liquidity for experienced investors. But this is about to change with innovative projects like DeepSnitchAI.

It brings an advanced platform with AI agents that monitor on-chain activities, tracking whales, social sentiment, trending coins, new tokens, processing all information, and sending it to users in real time. DeepSnitch AI aims to democratize access to tools that were previously restricted to big funds or those who could afford very expensive reports.

Their presale is already in stage 3, but it's still early, and you can invest cheaply in tokens that are only $0.02735. The best part is that now there's a bonus offer: those who invest $2,000 and add the coupon "DSNTVIP50" will receive 50% more tokens, while those who invest $5,000 and add the coupon "DSNTVIP100" will receive 100% more tokens.

https://youtu.be/HA0A7ejDY1I?si=ufABbUcx43uhtpMl BlockDAG news: Presale raised over $440M and will end soon BlockDAG is an innovative project, building a Layer-1 blockchain that promises to combine DAG (Directed Acyclic Graph) technology with Proof-of-Work. This combination could provide greater scalability and transaction speed, making BDAG one of the fastest blockchains on the market.

The presale started in December 2023 and has already raised over $440 million. After several months of development, the BlockDAG roadmap signals some dates and updates. The first presale is finishing, with the last 3.57 billion coins left at a price of $0.0106. But if the goal is not reached, the presale ends date has been announced for February 10th.

Also, another confirmed BlockDAG news is the mainnet launch and exchange listing, planned for the first half of 2026, with some exchanges already confirmed, including MEXC and BitMart. While the token is still selling for $0.0106, the community speculates that it could be launched at least $0.05, which would give a 5x return on investments.

Ethereum should outperform Bitcoin in the next months Bitcoin is struggling to stay above $92,000, leading many traders and investors to doubt whether BTC will surpass $110,000 anytime soon. However, this doesn't seem to be a concern for the crypto market, as Ethereum is behaving as if it wants to outperform Bitcoin in the coming months, as shown in the ETH/BTC chart.

ETH is still firmly holding above the 20-Day MA and looks like it's starting to accelerate. The asset rose 6% on December 9th to $3,375, accumulating a 10% gain for the month. Meanwhile, the ETH/BTC pair is around 0.036, helping to reignite the narrative that an "altseason" may be about to begin, as Ethereum's next target is at $3,800.

Conclusion BlockDAG was a successful presale, but it's in its final days. This means that those who invest now will have a very small potential gain compared to those who invested at the beginning. So, for those looking for a presale with incredible potential, but still in its early stages, DeepSnitch AI is that opportunity.

Being an artificial intelligence project, it's part of the sector expected to grow the most in 2026. The presale also has a bonus offer giving up to 100% more tokens if you invest in the coming days, which would double your bag and double your potential gain.

Visit the official website for more information, and join X and Telegram for community updates.

FAQs 1. What is DeepSnitch AI, and why is it so promising? DeepSnitch AI is an AI-powered platform offering real-time on-chain insights through advanced agents. Its presale momentum and up to 100% bonus offer have boosted investor interest.

2. What are the latest BlockDAG news updates? Recent BlockDAG news confirms the presale end date and upcoming mainnet launch, with listings planned on exchanges like MEXC. These updates have fueled community excitement and strengthened BDAG community insight.

3. Why is BlockDAG attracting so much attention in 2025? BlockDAG’s strong presale performance and upcoming mainnet roadmap keep the project in the spotlight. Many traders closely follow BlockDAG news to track progress on listings and development milestones.

Disclaimer: Trading cryptocurrencies/digital assets carries a high level of risk, and may not be suitable for all investors. You should be aware of all the risks associated with cryptocurrency/digital asset trading, and seek advice from an independent financial advisor. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The website or its publishers will not accept liability for any loss or damage, including without limitation to any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The above content is published as received and has not been edited by the channel staff. The channel holds no responsibility for its content.

(Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR

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