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    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
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August 5, 2026
Show AI Summary
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
Show AI Summary
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
Show AI Summary
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
Show AI Summary
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.

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January 6, 2026

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New Delhi, Jan 6 (PTI) Following are the top stories at 9 pm: NATION DEL63 INDIAN-EMBASSY-US-LOBBYING (6:25 PM)

Indian embassy took services of lobbying firm to engage with Washington on various issues New Delhi: An American lobbying firm hired by the Indian embassy in Washington has disclosed in a public filing that it helped the mission engage with the Trump administration on a range of issues, including the proposed trade deal and the "media coverage" of Operation Sindoor.

DEL59 PAR-TARIFFS (08:16 PM)

Par panel examines impact of higher US tariffs, meets affected sectors' stakeholders New Delhi: The Parliamentary Standing Committee on Commerce is assessing the impact of enhanced tariffs by the United States on the entry of various Indian products and seeks to understand the challenges faced by various sectors.

DEL46 BIZ-INDIA-RUSSIA-OIL (06:55 PM)

India imported Euro 144 bn worth of Russian oil since Ukraine war New Delhi: India imported about 144 billion euros' worth of crude oil from Russia since the start of the Ukraine war, a European think tank said on Tuesday, estimating the Kremlin's cumulative earnings from global oil sales since February 2022 at around 1 trillion euros.

DEL66 DELHI-2ND LD ALL JNU SLOGANS (09:06 PM)

Controversial slogans raised at JNU against PM, HM; probe launched; BJP condemns incident New Delhi: A protest at JNU sparked a controversy as objectionable slogans targeting Prime Minister Narendra Modi and Union Home Minister Amit Shah were allegedly raised over the denial of bail by the Supreme Court to Umar Khalid and Sharjeel Imam in the 2020 riots conspiracy case, prompting the Delhi Police to launch a probe into the matter.

DEL47 PB-LD BOY-PAK (07:40 PM)

Teen detained in Punjab for sharing information with Pakistani handlers Chandigarh: A 15-year-old boy from Pathankot has been detained for allegedly sharing sensitive information with handlers in Pakistan, police said on Tuesday. The teen belongs to Bari Brahmana area in Jammu and Kashmir close to Pathankot.

DEL51 BIZ-GOVT-GROK-LD OBSCENE CONTENT (07:36 PM)

Grok obscene AI content: Govt gives X time till Jan 7 to submit report New Delhi: The government has given X additional time till January 7 to submit a detailed Action Taken Report after it issued a stern warning to the Elon Musk-led social media platform over indecent and sexually-explicit content being generated through misuse of AI-based services like 'Grok' and other tools.

DEL50 UP-SIR-3RDLD DRAFT ROLL (07:33 PM)

UP SIR draft voter list out: 12.55 crore voters retained, 2.89 crore removed Lucknow: The draft electoral roll for Uttar Pradesh published on Tuesday after the Special Intensive Revision (SIR) excludes 2.89 crore voters but retains 12.55 crore, said Chief Electoral Officer (CEO) Navdeep Rinwa.

DEL31 CBI-LD KARUR (04:29 PM)

CBI summons TVK president Vijay in Karur stampede case New Delhi: The CBI has issued a notice to TVK president Vijay to appear for questioning on January 12 at the agency headquarters here in connection with the Karur stampede case, officials said.

DEL7 CUBA-ENVOY-VENEZUELA (03:06 PM)

US' Venezuela action 'terrorist act', India vital for global balance: Cuban envoy New Delhi: Cuban Ambassador to India Juan Carlos Marsan Aguilera on Monday strongly condemned the US military operation in Venezuela that led to the capture of President Nicolas Maduro and his wife, terming it a "criminal act" and a "terrorist act" that violates the United Nations Charter and international law.

DEL43 SONIA-LD HOSPITAL (06:43 PM) Sonia Gandhi admitted to Delhi's Ganga Ram Hospital; condition stable New Delhi: Congress leader Sonia Gandhi has been admitted to Sir Ganga Ram Hospital here after she suffered respiratory discomfort, sources said on Tuesday.

CAL17 WB-MAMATA-LD SIR (05:38 PM)

EC illegally using mobile apps developed by BJP's IT cell to conduct SIR, alleges Mamata Gangasagar: West Bengal Chief Minister Mamata Banerjee on Tuesday escalated her confrontation with the Election Commission, alleging that the poll panel was illegally using mobile applications developed by the BJP's IT cell to conduct the ongoing SIR of electoral rolls in the state.

CAL4 WB-SIR-SHAMI (12:08 PM)

Mohammed Shami asked to appear for SIR hearing in Kolkata Kolkata: Cricketer Mohammed Shami was asked to appear for the SIR verification hearing in Kolkata, officials said on Tuesday.

CAL23 WB-SIR-2ND LD DEATHS (08:27 PM)

Two men die in Bengal, families cite stress over SIR hearings Kolkata: Two men in West Bengal died on Tuesday, with families alleging that stress over the ongoing Special Intensive Revision (SIR) of electoral rolls contributed to their deaths.

CAL22 AS-HIMANTA (07:51 PM)

Bangladesh situation concerning, Assam may see impact: Himanta Bokakhat: Assam Chief Minister Himanta Biswa Sarma on Tuesday said the ongoing situation in Bangladesh is a matter of concern and the state may witness some impact of it in the coming days.

BOM15 MH-LD KALMADI (04:35 PM)

Suresh Kalmadi, former Union minister and sports administrator, passes away Pune: Congress veteran and former Union minister Suresh Kalmadi, known for a multifaceted career that intertwined politics and sports administration, passed away in Pune early Tuesday following a prolonged illness at the age of 81, family sources said.

BOM10 MH-CIVIC POLLS-BJP-SAVARKAR (02:52 PM)

BJP leader's 'respect Savarkar' remark roils ally NCP; 'We are committed to Ambedkarite ideology' Mumbai: Maharashtra minister Ashish Shelar on Tuesday suggested that the BJP expects its allies to respect Hindutva ideologue Vinayak Damodar Savarkar, triggering a sharp reaction from the NCP, led by Deputy Chief Minister Ajit Pawar, which underlined its commitment to Ambedkarite ideology.

MDS19 TN-CONG-LD ALLIANCE (08:10 PM)

TNCC firm on its alliance with DMK: TN Cong chief Chennai, Jan 6 (PTI) The Congress is firm on its alliance with the DMK, and it would talk in a dignified manner and get the number of seats it requires to contest in the forthcoming Assembly polls, TNCC President K Selvaperuthagai said on Tuesday.

MDS14 AP-GAS LEAK-LD BLAZE (06:29 PM)

Comprehensive blowout control plan finalised for Andhra gas well blaze Mori: ONGC senior management has assumed operational control of the yet to be extinguished gas well blaze here in Dr BR Ambedkar Konaseema district and finalised a comprehensive blowout control plan on Tuesday.

LEGAL LGD 26 SC-LD AIR POLLUTION (6:08PM)

Observing that the central pollution watchdog is "failing in its duty", the Supreme Court on Tuesday rapped the authority for seeking a two-month adjournment on the issue of temporary closure or relocation of toll plazas at Delhi borders to ease traffic congestion.

LGD 25 SC-POLLUTION-CAR (5:54PM)

A Car has become a status symbol, and people are saving money to buy four-wheelers after stopping using bicycles, Chief Justice of India Surya Kant said on Tuesday.

LGC1 OD-RAPE-DEATH SENTENCE (04:27 PM)

Odisha court pronounces death sentence in minor's rape-murder case Bhubaneswar: A POCSO court in Odisha’s Bargarh district on Tuesday sentenced a youth to death for the rape and murder of a six-year-old girl around 14 months ago.

LGD16 DL-HC-MINOR-SEXUAL ASSAULT (03:16)

Making small child touch private parts aggravated sexual assault: Delhi HC New Delhi: Making a small child touch one's private parts with sexual intent is aggravated sexual assault under the Protection of Children from Sexual Offences (POCSO) Act, the Delhi High Court has held.

LGD11 SC-STRAY DOGS (02:39 PM)

Stray dogs matter: So many applications don't even come in cases of humans, says SC New Delhi, Jan 6 (PTI) The Supreme Court on Tuesday took note of the number of interlocutory applications being filed before it in the stray dogs case and said that so many applications normally don't come even in cases of humans.

LGD23 DL-COURT-SONIA (04:53 PM)

Court grants more time to Sonia Gandhi to file response on plea over inclusion of her name in electoral roll New Delhi: A Delhi court on Tuesday granted time till February 7 to Congress leader Sonia Gandhi to file her reply on a plea challenging a magistrate's order refusing to probe the allegation that she was included in the electoral rolls three years before acquiring Indian citizenship in 1983.

LGM6 TN-HC-3RD LD KARTHIGAI DEEPAM (03:33 PM)

Madras HC upholds single judge ruling allowing lighting of deepam on Thirupparankundram hill Madurai: The Madras High Court's Madurai Bench on Tuesday upheld a single judge's order allowing the lighting of a lamp on the Thirupparankundram hill here, and slammed the DMK government, calling "ridiculous" its claim that lighting of the lamp will cause disturbance to public peace.

LGD28 DL-HC-WARNER BROS-PIRACY (06:46 PM)

Delhi HC has restrained several websites from illegally broadcasting popular films and shows like "Friends", "Stranger Things", "Squid Game" and "Wonder Woman", and ordered that they be blocked.

FOREIGN FGN23 BANGLA-POLLS-JAMAAT (04:34 PM)

Conditions for free polls not yet in place in Bangladesh, says Jamaat; alleges official bias Dhaka/New Delhi: Bangladesh's largest Islamist party has said that the environment for holding a free and fair election in the country is yet to be established, as it accused a section of the interim government of favouring a "particular political party".

FGN41 BANGLA-HADI-LD CHARGESHEET (07:09 PM)

Hadi killed due to political vendetta, chargesheet names 17: Bangladesh police Dhaka/New Delhi: Student leader Sharif Osman Hadi was killed due to "political vengeance" at the behest of the Awami League, Bangladesh police said on Tuesday as it pressed formal charges against 17 people in connection with the murder.

FGN20 BANGLA-HADI (02:13 PM)

Activists march for justice in Hadi killing, demand work permit ban for Indians in Bangladesh Dhaka: Slain student leader Sharif Osman Hadi's party on Tuesday launched a day-long rally in Dhaka, pressing for justice in his killing, and demanding, among other measures, the cancellation of work permits of all Indians residing in Bangladesh.

FGN19 BANGLA-LD HINDU (01:52 PM)

Another Hindu businessman killed in Bangladesh Dhaka: A 40-year-old Hindu man, owner of a grocery shop, has been murdered after unidentified attackers struck him with a sharp weapon in Bangladesh's Narsingdi city, according to a local media report.

FES16 PAK-CHURCH (04:04 PM)

Church ransacked in Pakistan's Punjab province, suspect arrested Lahore: A church has been attacked by a group of Muslim men who ransacked it and desecrated the Bible in Punjab province of Pakistan, police said on Tuesday.

FGN43 NZ-INDIA-LUXON (07:22 PM)

FTA with India to boost exports and open doors for farmers, businesses: NZ PM Wellington: New Zealand Prime Minister Christopher Luxon has said that the Free Trade Agreement with India will boost exports and open doors for farmers, growers, and businesses.

FES8 US-TECH-EVENT (10:21 AM)

Global tech companies, start-ups showcase breakthrough innovations in AI, robotics at CES 2026 Las Vegas: Breakthrough innovations in AI, robotics, mobility and health tech changing how humans live, work and connect will take centre-stage as top global companies and start-ups gather here for the world's largest technology event. By Yoshita Singh

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