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    India's services sector growth hits four-and-a-half-year low in July on weak demand: PMI
    SC grants interim bail to businessman Anwar Dhebar in manpower commission 'scam' case
    The Taxation and Other Laws Amendment Bill 2026 - Introduced in Lok Sabha on 4th August 2026
    RBI marginally raises FY27 GDP growth projection to 6.7 pc, lowers inflation forecast
    Collaboration, Inclusion and Entrepreneurship: How SIDBI MSME Samvaad Is Shaping the Future of India’s MSME Ecosystem
    RBI keeps policy rate unchanged for third time in row in FY27 amid West Asia crisis
    RBI keeps policy rate unchanged for third time in row amid West Asia crisis
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    SVC Co-operative Bank Concludes 120th Annual General Meeting, Reaffirms Growth, Governance and Digital Focus
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    Government Boosts MSME Financing Through SIDBI and ECLGS 5.0
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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
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
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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.
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.
August 4, 2026
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Dearness allowance arrears must be cleared promptly, while the government examines legal remedies and continues its structured liquidation plan.
Pending dearness allowance arrears of government employees and pensioners are to be cleared within a fortnight, with restraint on unproductive expenditure until admissible dues are paid. The government states that it will pay constitutionally and legally valid dues while examining the judgment, precedents and possible legal remedies. It attributes the arrears to delayed pay commission implementation and frozen dearness allowance, and states that a structured liquidation plan has been prepared and partly implemented.
August 4, 2026
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Money-laundering investigation examines alleged fraudulent industrial plot allotments, benami holdings and diversion of plots to residential use.
A money-laundering investigation under the Prevention of Money Laundering Act examines alleged irregularities in industrial-plot allotments involving corporation officials, private persons, property dealers and alleged benamidars. The inquiry concerns alleged use of fictitious firms and false addresses to obtain plots, allotments to relatives and associates, and alleged diversion or change of land use from industrial to residential purposes. These activities are alleged to have generated private gains while causing loss to the public exchequer.
August 4, 2026
Show AI Summary
Rupee exchange-rate movement gains support from capital inflows, while oil prices, dollar strength and monetary policy shape sentiment.
Rupee exchange-rate movement was supported by foreign capital inflows and improved global risk sentiment, while elevated crude-oil prices and a stronger US dollar constrained gains. Market attention shifted to monetary policy, overseas dollar-deposit incentives and easier foreign access to government bonds, which were reported to support capital inflows and India's external position. A cautious approach to the benchmark repo rate was expected amid assessment of the West Asia conflict.
August 4, 2026
Show AI Summary
Interim bilateral trade agreement negotiations continue as both sides work to finalise unresolved issues in the proposed arrangement.
Interim bilateral trade agreement negotiations between India and the United States are continuing. Both sides have undertaken substantial work, while certain issues remain to be finalised before completion of the proposed interim trade arrangement. A United States Trade Representative delegation visited India to advance discussions. The text records the status of negotiations and identifies no concluded agreement or operative customs measure.
August 4, 2026
Show AI Summary
Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
Fuel-price volatility is to be mitigated through fiscal and administrative measures that protect consumers while maintaining fiscal sustainability. The approach includes monitoring revenue and expenditure, reprioritising spending, and using fiscal measures when economic conditions require. Reduced central excise duty on petrol and diesel moderated the impact of elevated international crude prices and partly offset under-recoveries of public-sector oil marketing companies. Longer-term measures include revenue mobilisation, import diversification, Strategic Petroleum Reserves, cleaner fuels and energy efficiency.
August 4, 2026
Show AI Summary
Tax policy certainty reforms propose easier fund management, data-centre access, electronics incentives and revised electronic-payment charging rules.
The proposed Bill seeks to simplify conditions for foreign investment funds using fund managers in India without being treated as carrying on business in India, while retaining safeguards against misuse and round-tripping. It proposes removal of approval requirements for foreign cloud companies using Indian data centres and permits leased operation of Indian data centres. It also extends tax support for foreign companies participating in electronics contract manufacturing and component warehousing, preserves tax-free dividends for REIT and InvIT investors in specified circumstances, and removes the prohibition on Merchant Discount Rate charges for notified electronic payment modes.
August 4, 2026
Show AI Summary
Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
Responsible precious-metals recycling is promoted through a commemorative recycled-gold coin intended to support domestic recycling, responsible sourcing and a self-reliant supply chain. The product is described as having certified purity authentication, tamper-proof packaging, a unique identification number and an assayer-certified minted card. The initiative seeks to reduce dependence on imported gold and expand organised, transparent recycling infrastructure. An organised silver buyback programme is also described as supporting secure consumer sales and a circular economy for precious metals.
August 4, 2026
Show AI Summary
Broad-based growth strategy links tax reforms, trade resilience, industrial support and services development to medium-term economic expansion.
The growth strategy combines agricultural productivity, manufacturing, MSME support, infrastructure, logistics, ease of doing business, streamlined income-tax and GST reforms, innovation, digitalisation, human-capital development, energy security, public capital expenditure, foreign direct investment liberalisation, export promotion, fiscal prudence and price stability. Trade resilience is to be strengthened through expanded trade agreements, while manufacturing, services, agriculture and strategic sectors receive targeted policy support. The material also reports secured-asset enforcement cases and recoveries by banks under the SARFAESI framework during FY25.
August 4, 2026
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Co-operative bank governance and financial disclosure support digital transformation, risk management, priority-sector lending and sustainable member-focused growth.
Co-operative bank governance and financial disclosure were addressed at the annual general meeting, where the member-notice agenda was transacted and audited financial statements were presented. The bank reported growth in business, deposits and advances, together with net profit, asset quality, provisioning coverage and capital adequacy indicators. Its operational priorities include digital transformation, risk management, selective network expansion, customer service and operational discipline. Future priorities include retail and priority-sector lending, MSMEs, affordable housing and institutional deposits.
August 4, 2026
Show AI Summary
Foreign-exchange market conditions weakened the rupee as oil prices, domestic equities and dollar strength shaped near-term currency expectations.
The rupee weakened against the US dollar amid elevated crude oil prices, weaker domestic equities and a stronger dollar index, while foreign fund inflows moderated the decline. Attention shifted to the central bank's monetary policy meeting, with continuation of the existing benchmark policy rate anticipated. Earlier measures encouraging overseas dollar deposits and facilitating foreign participation in government bonds were reported to support capital inflows and India's external position.
August 4, 2026
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MSME credit expansion combines SIDBI lending initiatives with guaranteed additional working-capital facilities for eligible borrowers.
MSME credit access is being expanded through SIDBI's branch network, direct lending, refinance support, co-lending arrangements, affordable credit for informal micro-entrepreneurs, and invoice-based digital credit for micro enterprises. Emergency Credit Line Guarantee Scheme 5.0 enables eligible MSMEs to obtain additional credit linked to peak fund-based working-capital outstanding, with full guarantee coverage for member lending institutions against defaults on the additional facility. The scheme also covers scheduled passenger airlines under distinct eligibility and guarantee parameters.

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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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