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    Gold declines for 3rd day, prices tumble Rs 3,300 as US dollar gains strength
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August 28, 2026
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Gold price volatility intensified as dollar strength, profit-booking, and customs-duty-cut reports pressured domestic bullion markets.
Domestic bullion prices declined for a third consecutive session as a stronger US dollar and sustained profit-booking after a recent rally weakened gold and silver. Gold fell sharply in the national capital and silver also declined in domestic trading, with the three-day movement reflecting ongoing price volatility in the bullion market. International spot gold remained marginally lower while investors awaited policy-related remarks concerning inflation and elevated yields.
August 28, 2026
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Direct benefit transfer strengthens welfare delivery through Jan Dhan accounts, digital payments, reduced intermediaries, and expanded financial inclusion.
Direct Benefit Transfer has transferred welfare benefits directly to beneficiaries, largely through Jan Dhan accounts, reducing intermediaries and supporting transparent delivery. The Pradhan Mantri Jan Dhan Yojana provides unbanked adults basic accounts without minimum-balance or maintenance-charge requirements, along with RuPay debit cards, accident insurance coverage, and emergency overdraft access. Banking outlets, digital-payment infrastructure, and Bank Mitras extend formal financial services to women, rural and semi-urban communities, strengthening financial inclusion and participation in the formal economy.
August 28, 2026
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Foreign exchange reserves reached a record level, supported by increases in foreign currency assets and gold holdings.
India's foreign exchange reserves increased by USD 12.422 billion to an all-time high of USD 729.328 billion for the week ended 21 August. Foreign currency assets and gold reserves recorded the principal increases, while special drawing rights and the reserve position with the IMF also rose. Foreign currency asset valuation reflects movements in non-US currencies held in the reserves. FCNR(B) and concessional swap arrangements were introduced to attract additional foreign-exchange inflows.
August 28, 2026
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IPO regulatory approval enables Jio Platforms to advance preparations for its proposed fresh equity share public offering.
Jio Platforms Ltd. has obtained Sebi's final observations for its proposed initial public offering. This key regulatory stage enables further preparations for the public issue, subject to applicable regulatory requirements. The proposed offering comprises up to 27 crore fresh equity shares and is expected to account for approximately 2.9 per cent of the company's post-issue equity base.
August 28, 2026
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Financial inclusion through basic bank accounts expands banking access with no-balance accounts, debit cards, and emergency overdraft support.
Pradhan Mantri Jan Dhan Yojana enables unbanked adults to open basic bank accounts without minimum-balance or maintenance-charge requirements. Accounts include a free RuPay debit card with accident insurance coverage and eligibility for an overdraft facility during emergencies. The scheme promotes digital transactions, financial security and participation in the formal economy, while extending banking access to rural and semi-urban communities and increasing women's financial inclusion.
August 28, 2026
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Flexible personal loan repayment enables eligible borrowers to select longer tenures, subject to eligibility, terms, verification, and repayment capacity.
Bajaj Finance personal loans offer eligible customers collateral-free borrowing with flexible repayment tenures of 12 to 108 months, subject to eligibility, applicable terms, verification and documentation. A longer tenure may reduce monthly EMIs by spreading repayment over more months, but can increase total interest payable. Borrowers should compare the interest rate, tenure, EMI, processing charges and other costs, while considering their income, existing commitments and repayment capacity. Loan Utsav 2026 provides limited-period rewards for eligible customers whose loans are successfully disbursed during the campaign period, subject to applicable terms.
August 28, 2026
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Digital arrest money laundering investigation tracks cyber-fraud proceeds through layered bank accounts, cash withdrawals, and foreign-exchange conversion.
Arrests under the Prevention of Money Laundering Act form part of an investigation into alleged digital arrest cyber fraud and laundering of fraud proceeds. Funds were reportedly routed through numerous bank accounts, withdrawn in cash, and converted into foreign currency through licensed money changers. The financial trail is linked to commodity trading, travel and foreign-exchange entities allegedly connected with cyber-fraud complaints and first information reports. The inquiry also identified alleged shell or dummy companies using proxy directors to conceal control and facilitate fund movement.
August 28, 2026
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Foreign exchange intervention and lower crude prices supported rupee appreciation despite a stronger dollar and foreign institutional investor outflows.
Foreign exchange market conditions supported a six-paise appreciation of the rupee against the US dollar at the close of trading. Lower global crude oil prices and Reserve Bank of India intervention to limit significant rupee depreciation contributed to the movement. A marginal strengthening of the US dollar and foreign institutional investor equity outflows continued to exert pressure, while FCNR(B) scheme inflows supported the currency.
August 28, 2026
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Cyber fraud impersonating enforcement officials coerced a senior citizen into bank and cryptocurrency transfers through terror-funding threats.
Cyber fraudsters allegedly impersonated public officials and threatened a senior citizen with implication in money laundering, terror funding and cybercrime. Using WhatsApp video calls and purported official notices, they allegedly induced the victim to transfer funds to multiple bank accounts and a cryptocurrency wallet on the pretext of proving innocence. The victim reportedly liquidated fixed deposits and mutual fund investments before identifying the deception and reporting it through the cybercrime helpline. A cyber police case was registered for further investigation.
August 28, 2026
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Rupee depreciation against US dollar reflects foreign investor outflows and crude supply disruptions, moderated by weaker dollar and oil prices.
Foreign institutional investor outflows and disruptions in global crude oil supplies placed downward pressure on the rupee against the US dollar. A weaker dollar index and lower Brent crude prices moderated the decline. Market commentary anticipated a narrow trading range, with expected Reserve Bank of India protection at the upper end and oil importer, month-end, and importer demand supporting the lower end. Participants also monitored the US Federal Reserve Chair's Jackson Hole speech.
August 27, 2026
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Emergency flood response measures coordinate rescues, suspend cross-border transport, and address risks to public safety.
Severe flash floods in Nepal and along the Nepal-Tibet border prompted cross-border rescue coordination for missing and stranded persons, warnings of continued downstream flood risk, and international relief support. Preventive public-safety measures included temporary suspension of an Indo-Nepal bus service. Separate developments included disruption of public services during an employee strike, investigation of an aircraft crash, market measures affecting sugar and onion prices, and proposed trade engagement for greater market access for basmati rice and processed food exports.
August 27, 2026
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Regulatory review of fraud allegations requires timely consideration of representations while merits and standing remain undecided.
SEBI must consider and decide, within two weeks, representations alleging fraud by an Indian logistics company and its subsidiary. The allegations concern systematic over-invoicing of freight charges and forged documentation, with a parallel criminal investigation based on an FIR registered by the Delhi Police Economic Offences Wing. No determination has been made on the merits of the allegations or the complainant's standing to approach SEBI. The allegations and criminal proceedings were disclosed in IPO offer documents.
August 27, 2026
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Personal insolvency repayment plans test creditor voting thresholds, valuation safeguards, and limits on commercial review under insolvency law.
Personal insolvency resolution under the Insolvency and Bankruptcy Code involved approval of a repayment plan providing for payment of Rs 6.25 crore to creditors and Rs 25 lakh towards process costs against admitted creditor claims of about Rs 22,006.57 crore. Objections by dissenting creditors were rejected because they held less than 20 per cent of voting share, while the plan received 80.81 per cent support. Valuation indicated that the personal estate was worth less than the amount offered, and the tribunal declined to replace creditor commercial wisdom or assess settlement adequacy.
August 27, 2026
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Sovereign credit rating stability reflects policy continuity, infrastructure investment, external strength, and fiscal consolidation pressures.
India's sovereign credit rating retained a BBB stable outlook, supported by strong growth, an external balance sheet, stable institutions, policy predictability, and infrastructure investment. Public investment and consumer demand are expected to sustain growth and assist fiscal consolidation. Constraints include weak fiscal performance, elevated government debt and interest burdens, and low per-capita income. Long-term rating support depends on financing infrastructure investment without materially widening the current-account deficit and on reducing the fiscal deficit through stable fiscal and monetary policies.
August 27, 2026
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Sugar import liberalisation and stockholding limits seek to moderate retail prices amid constrained domestic supply and restricted exports.
Sugar price-control measures combine duty-free raw sugar imports, stockholding limits for dealers and bulk consumers, and an export prohibition to address elevated retail prices and curb hoarding. Domestic supply remains constrained by reduced sugarcane output, prior exports and diversion of sugar to ethanol. Net production is estimated below projected domestic demand, while closing stocks are expected to remain limited. Import access, inventory restrictions and export controls therefore operate as market-stabilisation mechanisms.
August 27, 2026
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Money-laundering investigation into alleged homebuyer fraud led to searches and freezing of assets linked to realty promoters.
Money-laundering proceedings were initiated under the Prevention of Money Laundering Act on the basis of police FIRs alleging fraudulent inducement and non-delivery of residential plots. Searches at premises linked to real estate promoters resulted in the seizure or freezing of luxury vehicles, jewellery, bank accounts and securities. The investigation alleges that substantial upfront payments for residential plots were received, but a significant portion of promised plots remained undelivered, and certain plots were allegedly sold to third parties without consent.
August 27, 2026
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Commercial card governance enables configurable credit, approvals, virtual cards and controlled supplier payments across enterprise payment workflows.
SpendFlow combines commercial card program configuration, credit management, virtual cards, spend controls, approvals, supplier payments, billing and accounting in one architecture. It supports centrally governed rules with approved corporate-level variations, enterprise hierarchy management, and virtual cards linked to entities, employees, accounts or credit facilities. Multi-tier approvals and virtual-card supplier payments support controlled business payment functions, while core banking and ERP connectivity links card activity with banking and enterprise financial workflows.
August 27, 2026
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Basmati rice market access may be pursued through trade agreement review, subject to import limits and safety standards.
Market access for Indian basmati rice may be pursued through review of the Comprehensive Economic Partnership Agreement, as rice remains a sensitive sector subject to import quantity limits and duties beyond permitted quantities. Processed food exports offer further opportunities where exporters comply with Japanese quality and safety standards. Bilateral cooperation also covers investment, supply chains, technology partnerships and capital flows supporting infrastructure, manufacturing and semiconductor ecosystems.
August 27, 2026
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Capital allocation discipline governs consideration of further Air India funding alongside business strategy, cash flow and investment requirements.
Further capital investment in Air India will be evaluated by Singapore Airlines' board through a disciplined capital-allocation process. Assessment will consider the group's capital requirements, Air India's business strategy, operating cash flow, investment needs for aircraft and products, and multi-hub investments intended to support long-term growth and returns. As a significant minority shareholder, Singapore Airlines supports Air India's transformation programme with Tata Sons, but no commitment to provide additional capital is indicated.
August 27, 2026
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Semiconductor investment cooperation anchors expanded India-Japan industrial partnerships across technology, manufacturing, clean energy, infrastructure, and financial services.
Semiconductor and artificial-intelligence cooperation centres on a six-pillar semiconductor strategy encompassing chip design, semiconductor machinery and materials, fabrication, ATMP/OSAT, research and development, and talent development. Japanese participation is sought across semiconductor materials and equipment, power semiconductors, electronics, AI, logistics and related advanced technologies. Development of semiconductor clusters is linked to reliable power, ultra-pure water, skilled manpower and social infrastructure.

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Millions Drink it Daily, But at what Cost? Sri Ramakrishna Hospital's Orthopedic Specialists Explain the Link Between Tea, Coffee and Musculoskeletal Pain

December 26, 2025

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Coimbatore, Tamil Nadu, India (NewsVoir) Many patients complaining of persistent neck or back pain overlook one daily habit, post-meal tea or coffee. Orthopedic specialists from Sri Ramakrishna Hospital highlight how caffeine can affect bone health, muscle tension, and inflammation when consumed immediately after food. The hospital’s experts share medical insights, warning signs, and practical lifestyle advice to help people protect their spine and joints.

Everyone loves their hot tea or coffee either early morning or in the evening. While a few enjoy throughout the day in between work. Their brains are trained in a way to enjoy a cup every now and then. But is it doing any good? We have heard it all, these hot beverages are disrupting the sleep cycle, making the stomach go acidic when taken on an empty stomach. Orthopedic specialists now suggest that these hot beverages when taken especially after meals may be the reason for those joint pains.

Expert orthopedic doctors share insights on how healthy these drinks are and how they actually influence bone health, muscle function, posture, and pain perception, especially in individuals already prone to spinal discomfort.

Neck and Back Pain: A Growing Concern Today the majority of the people complain about neck and back pain. Long hours of sitting, poor posture, sedentary work habits, nutritional deficiencies, and stress can contribute to significant spinal strain. While tea or coffee alone cannot be directly held culprit for neck or back pain, orthopedic experts highlight that habitual consumption immediately after meals may indirectly worsen existing musculoskeletal issues.

The Impact On Nutrient Absorption Due To Tea and Coffee Orthopedic experts explain that tea and coffee contain compounds such as caffeine and tannins, which can interfere with the absorption of essential minerals when consumed immediately after meals.

• Calcium absorption: Calcium is vital for bone strength and spinal stability. Regular interference in absorption may weaken bones over time.

• Iron absorption: Poor iron levels can lead to muscle fatigue and reduced oxygen supply to tissues, worsening pain and stiffness.

• Magnesium balance: Magnesium plays a role in muscle relaxation and nerve function. Reduced levels may increase muscle tightness and spasms.

Over months or years, these nutritional imbalances can contribute to reduced bone density and muscular discomfort, especially in the neck and lower back.

The Unseen Connection Between Caffeine and Muscle Tension Caffeine acts as a stimulant that directly activates the central nervous system. According to orthopedic specialists, excessive caffeine intake can: • Increase muscle tension, particularly in the neck and shoulder region • Increased pain sensitivity in people with chronic joint or bone conditions • Disrupt sleep quality, which is crucial for muscle repair and recovery Poor sleep and persistent muscle tightness often go hand in hand with chronic neck and back pain, creating a cycle that is difficult to break.

Post-meal Habits and Poor Posture Orthopedic Experts at Sri Ramakrishna Hospital also highlight the behavioral aspect linked to tea and coffee consumption. Many people drink tea or coffee after meals while sitting for long periods—often in slouched or unsupported postures, especially during work hours.

Prolonged sitting combined with caffeine-induced muscle tightness can increase spinal load, leading to: • Neck stiffness • Upper back strain • Lower back discomfort Over time, this can worsen posture-related spinal conditions.

Does Tea or Coffee Directly Cause Back Pain? Orthopedic doctors emphasize that tea or coffee is not a direct cause of neck or back pain. However, it can act as a contributing factor when combined with: • Poor posture • Lack of physical activity • Inadequate nutrition • Existing spinal problems such as cervical spondylosis or lumbar disc issues For individuals with pre-existing orthopedic conditions, small lifestyle habits can have a noticeable impact on symptom severity.

What Should One Follow? Orthopedic experts advise extra caution for: • People with chronic neck or back pain • Individuals diagnosed with osteoporosis or low bone density • Office professionals with long sitting hours • Elderly individuals • Women at risk of calcium deficiency For these groups, timing and moderation of tea or coffee intake becomes particularly important.

Understanding The Expert Recommendations On Healthier Alternatives Orthopedic Specialists at Sri Ramakrishna Hospital recommend simple lifestyle adjustments rather than complete avoidance: • Wait 30–60 minutes after meals before having tea or coffee • Ensure a calcium-and protein-rich diet to support bone and muscle health • Stay hydrated with water or herbal infusions • Maintain correct sitting posture during work hours • Incorporate regular stretching and strengthening exercises for the spine on a regular basis.

These small changes can significantly reduce the risk of worsening neck and back pain.

Orthopedic specialists remind us that enjoying tea or coffee is not harmful when done mindfully. Moderation, timing, and an active lifestyle play a crucial role in protecting spinal health.

By making informed choices and seeking timely orthopedic care, individuals can continue their daily routines comfortably - without letting small habits turn into long-term pain.

The orthopaedic experts at Sri Ramakrishna Hospital emphasize that understanding everyday habits, such as diet, posture, and activity patterns, can make a meaningful difference in spine and joint health. Backed by advanced diagnostic facilities, evidence-based treatment protocols, and a multidisciplinary rehabilitation approach, the Orthopaedics Department at Sri Ramakrishna Hospital continues to help patients move better, live pain-free, and regain confidence in daily life. With a strong focus on patient education and preventive care, the hospital remains committed to delivering comprehensive musculoskeletal care that supports long-term well-being across all age groups.

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

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