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    DRI busts illegal drug manufacturing unit in Satara district in Maharashtra; two arrested
    CCI approves proposed combination inter alia involving share acquisition(s) and merger of certain entities e.g. AAPC India, Triguna, Caddie, SMPL, Tec...
    Rupee gains 20 paise to close at 95.08 against US dollar post-RBI policy decision
    TN Budget: Revenue deficit at Rs 55,775 crore, fiscal deficit estimated at Rs 1,21,819 crore
    Tatkare slams ‘gungi gudiya’ jibe against Sunetra; Cong says row being exploited for political gains
    RBI invites public comments on Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks
    Pakistan-origin dry dates, routed through UAE, seized at Kandla port
    RBI keeps rates unchanged, retains neutral stance; outlook uncertain on El Nino, geopolitical risks
    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
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    August 6, 2026
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    Illicit psychotropic drug manufacture triggered seizure, apprehensions, and investigation into planned trafficking under narcotics control law.
    Illicit manufacture and trafficking of Alprazolam and Diazepam, psychotropic substances regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985, were detected at a clandestine facility. Searches recovered finished and intermediary substances, together with raw materials and reaction mixtures used in manufacture, and the goods were seized under the Act. The manufacturer and an intended buyer were apprehended, with material indicating a proposed transaction for further illicit trafficking. Preliminary investigation indicated prior involvement in illegal drug production and trafficking.
    August 6, 2026
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    Competition approval for hotel-sector consolidation covers share acquisitions and merger of Accor-branded hotel entities into InterGlobe Hotels.
    Competition approval was granted for related share acquisitions and the merger of AAPC India, Caddie, Triguna, Srilanand Mansions, Techpark and Accent into InterGlobe Hotels. The combination involves entities jointly controlled by the Bhatia Family Group and the Accor Group, including hotel-owning and developing entities, hotel management and franchising operations, leasing activities, and captive consultancy and support services relating to Accor-branded hotels in India.
    August 5, 2026
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    Rupee appreciation followed unchanged monetary policy, lower crude prices, weaker dollar and expectations of orderly exchange-rate management.
    The rupee strengthened after the central bank maintained its policy rate and neutral monetary-policy stance. Lower crude oil prices, a weaker US dollar and declining US Treasury yields supported investor sentiment. Earlier measures to attract capital inflows remained part of the framework supporting the rupee, while the central bank stressed its endeavour to preserve an orderly currency trajectory. Future movement was linked to geopolitical de-escalation, global risk sentiment and US economic data.
    August 5, 2026
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    Fiscal consolidation through revenue mobilisation and leakage control aims to reduce deficits while expanding capital expenditure capacity.
    Tamil Nadu's Revised Budget Estimates for 2026-27 project a revenue deficit and fiscal deficit, with outstanding liabilities comprising public debt and public-account liabilities. Revenue mobilisation is proposed through improved tax administration, collection efficiency, closure of leakages, liquor-manufacturer privilege fees, and eligible Union grants. The strategy projects gradual deficit reduction to create room for capital expenditure, supported by expenditure reforms aimed at eliminating leakages, optimising expenditure, and improving service delivery.
    August 5, 2026
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    Political criticism of public office-holders raises debate over media accountability, personal remarks, and acceptable public discourse.
    Political criticism followed a social-media post describing Maharashtra Deputy Chief Minister Sunetra Pawar as "gungi gudiya" in connection with a press interaction on law-and-order issues in Beed district. Congress representatives stated that the post was not a personal insult, had been deleted after adverse reactions, and was followed by an expression of regret. NCP representatives termed the expression inappropriate and stressed that the principal dignitary should conduct media interactions. Shiv Sena (UBT) representatives described the phrase as not unparliamentary and linked it to criticism of a guardian minister's public responsibilities.
    August 5, 2026
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    On-tap licensing for Urban Co-operative Banks enters public consultation through draft guidelines inviting stakeholder feedback.
    Draft guidelines for 'on tap' licensing of Urban Co-operative Banks have been issued for public and stakeholder consultation. Comments and feedback may be submitted until September 05, 2026, through the designated online consultation facility or by written or email submission to the specified regulatory department.
    August 5, 2026
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    Prohibition on indirect Pakistan-origin imports targets alleged origin misdeclaration and UAE routing used to circumvent trade restrictions.
    Import prohibition on goods originating in Pakistan applies to direct and indirect imports under the Foreign Trade Policy, 2023. Pakistan-origin dry dates routed through the UAE were allegedly declared as UAE-origin goods for import, and were intercepted under the Customs Act, 1962. Investigation indicated that the goods were first sent from Pakistan to Dubai, re-containerised, and then exported to India. A separate interception involved Pakistan-origin guggul resin allegedly declared as Somali natural resin and routed through Dubai.
    August 5, 2026
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    Neutral monetary policy stance keeps benchmark rates unchanged while inflation risks, liquidity management and consumer-protection reforms remain under review.
    Monetary policy maintains the benchmark policy rate unchanged and retains a neutral stance, with future decisions guided by incoming data. The central bank remains committed to aligning headline inflation with its medium-term target while monitoring food, fuel and other input-cost risks. Surplus liquidity will be managed through two-way operations, and the regulatory framework for interest rates on advances is proposed to be harmonised and standardised across regulated entities to improve transparency and consumer protection.
    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
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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
    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
    Show AI Summary
    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.

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      Chhattisgarh saw Maoist collapse and crackdown on 'scams'

      December 25, 2025

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      Raipur, Dec 25 (PTI) Once considered the CPI (Maoist)’s strongest bastion, Chhattisgarh saw the outfit reduced to a fragile, rudderless structure in 2025, with none of its top leaders active in the state and only a few armed cadres scattered across remote pockets.

      During the year, the state also witnessed the murder of freelance journalist Mukesh Chandrakar by a road construction contractor in Bijapur and the arrest of two Kerala nuns in an alleged trafficking and conversion case.

      High-profile arrests by Central agencies in alleged liquor and CGPSC recruitment scams, including those of former minister and Congress MLA Kawasi Lakhma and former CM Bhupesh Baghel’s son Chaitanya Baghel, were major flashpoints between the ruling BJP and opposition Congress.

      In politics, the BJP consolidated its dominance, sweeping mayoral posts in all 10 municipal corporations for which elections were held in February this year.

      Relentless action was witnessed against Naxalism, and the security forces recorded their most significant gains by eliminating six top Maoist operatives. Among them was the outfit’s elusive general secretary Nambala Keshav Rao alias Basavaraju (70), neutralised in an encounter on May 21 along the Narayanpur–Bijapur inter-district border.

      Other Central Committee members killed included Ramachandra Reddy alias Jairam alias Chalpati (Gariaband, January), Gautam alias Sudhakar (Bijapur, June 5), Modem Balakrishna (Gariaband, September 11), and Raju Dada alias Katta Ramachandra Reddy (63) and Kosa Dada alias Kadari Satyanarayana Reddy (67) in Narayanpur on September 22.

      Two more Central Committee members were killed in Jharkhand, and two in Andhra Pradesh, including dreaded commander Madavi Hidma.

      The year also witnessed the largest mass surrender in the state’s anti-Maoist history. On October 17, as many as 210 cadres, including Central Committee member Rupesh alias Satish, laid down arms in Jagdalpur. Another Central Committee member, Ramdher, and 11 others turned themselves in at Rajnandgaon in December.

      This year, till December 11, security forces killed 281 Maoists, arrested 884 and facilitated the surrender of 1,559 others. At the same time, 23 security personnel and around 40 civilians lost their lives in Maoist-related violence. Of the Maoists killed, 252 were neutralised in the Bastar division alone.

      The year began on a grim note with eight District Reserve Guard (DRG) personnel and a civilian driver killed in an IED blast in Bijapur on January 6. However, security forces later consolidated their presence and carried out major operations in Abujhmaad, Indravati National Park and the Karregutta hills along the Chhattisgarh–Telangana border—areas once considered Maoist strongholds.

      The biggest single operation came on February 9, when 31 Maoists were killed in Bijapur. The security forces, however, suffered another setback on June 9, when Additional Superintendent of Police Akash Rao Girepunje was killed in an IED blast in Sukma.

      The intensified crackdown followed Union Home Minister Amit Shah’s declaration in August 2024, setting March 31, 2026, as the deadline to eradicate Left-wing extremism.

      The Vishnu Deo Sai government, which completed two years in office on December 13, reinforced this push through schemes such as the Chhattisgarh Naxal Surrender/Victim Relief and Rehabilitation Policy-2025, Niyad Nella Nar, and Poona Margam – Punarvas se Punarjeevan.

      Politically, 2025 belonged firmly to the ruling BJP. In the urban body elections held on February 11, the party swept mayoral posts in all 10 municipal corporations and secured a majority in 35 of 49 municipal councils and 81 of 114 nagar panchayats.

      The BJP also won chairperson posts in 81 nagar panchayats, underlining its dominance across urban local bodies.

      Prime Minister Narendra Modi attended the silver jubilee celebrations of Chhattisgarh’s foundation day on November 1, inaugurating and laying foundation stones for major projects, including the new legislative assembly building and the Tribal Freedom Fighters Museum in Nava Raipur.

      The state also hosted the 60th All India Conference of Directors General and Inspectors General of Police in November.

      Central and state agencies mounted sustained action against alleged scams linked to liquor, coal, rice milling, District Mineral Foundation (DMF) funds and CGPSC recruitment during the previous Congress regime.

      The Enforcement Directorate arrested Congress MLA and former excise minister Kawasi Lakhma on January 15 and Chaitanya Baghel, son of former chief minister Bhupesh Baghel, on July 18 in connection with the alleged liquor scam.

      The ED claimed Lakhma was the main recipient of proceeds of crime, while Chaitanya Baghel allegedly played a key role in handling nearly Rs 1,000 crore generated by the syndicate.

      Bhupesh Baghel alleged a political vendetta, linking the action to the opposition by Congress to the cutting of forests and mining by the Adani Group.

      In September, the ACB/EOW arrested former IAS officer Niranjan Das and filed supplementary charge sheets naming 29 excise officials. Investigators pegged the scam’s loss to the exchequer at over Rs 2,500 crore.

      The CBI, meanwhile, arrested 10 more people in the CGPSC recruitment scam for alleged manipulation of selections between 2020 and 2022 to benefit relatives of officials. Raids were also conducted in March in the Mahadev online betting app case.

      The brutal murder of freelance journalist Mukesh Chandrakar (33) in Bijapur triggered nationwide outrage.

      Chandrakar, who had reported on alleged corruption in road construction works, was found dead in a septic tank on January 3. A contractor, Suresh Chandrakar, his two brothers and a supervisor were arrested.

      According to police, Suresh was enraged over Mukesh publishing news articles highlighting alleged corruption in his road construction work in Bijapur.

      The arrest of two Kerala nuns—Preethi Merry and Vandana Francis—and a tribal man in Durg on charges of trafficking and forced conversion sparked political controversy.

      Though they were granted bail on August 2, the case took another turn when the State Women’s Commission sought FIRs based on allegations that the complainants were assaulted by Bajrang Dal workers. Deputy CM Vijay Sharma later announced plans for a stricter anti-conversion law.

      A tragic train accident near Bilaspur on November 4 claimed 12 lives when a passenger train rammed into a stationary goods train.

      In April, Raipur businessman Dinesh Mirania was among those killed in a terror attack in Pahalgam, while Kashmiri guide Nazakat Ahmad Shah earned praise for saving Chhattisgarh tourists during the incident.

      The year also saw lighter moments, including a quirky episode in Gariaband where a villager received calls from cricketers Virat Kohli and AB de Villiers after being allotted a mobile number once used by cricketer Rajat Patidar.

      Among other highlights from Chhattisgarh during the year were a Supreme Court-ordered burial of a pastor after a prolonged standoff in Bastar, doubling of the state’s tiger population from 17 in 2022 to 35 in 2025, major investment proposals during CM Sai’s Japan and South Korea visits, the laying of the foundation stone for Chhattisgarh’s first semiconductor unit, and the launch of a Rs 10,000 annual assistance scheme for landless farm labourers. PTI TKP NSK VT VT

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