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    Rupee gains 13 paise to close at 95.15 against US dollar post-RBI policy decision
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August 5, 2026
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Foreign exchange stability measures support the rupee as policy continuity, capital inflows and global risk sentiment shape currency expectations.
Foreign exchange market movement reflected a rupee appreciation against the US dollar following the monetary policy decision to retain the repo rate and neutral stance. Market sentiment was supported by softer crude oil prices, weakness in the US dollar, lower US Treasury yields and foreign equity inflows. The monetary policy framework sought to support capital inflows and maintain an orderly rupee trajectory, with geopolitical developments and US economic data remaining relevant to near-term exchange-rate expectations.
August 5, 2026
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Money-laundering investigation examines alleged proceeds from chit fund operations following searches linked to a former company managing director.
A money-laundering investigation concerns alleged proceeds of crime arising from a multi-state chit fund operation associated with Welfare Building and Estates Pvt Ltd. The company is alleged to have collected investor deposits through investment schemes promising high returns before defaulting. Searches at premises linked to its former managing director form part of the inquiry into alleged laundering. The underlying alleged fraud had previously resulted in a CBI case and multiple police FIRs.
August 5, 2026
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Political restraint in public communications was urged, alongside adherence to principal-speaker protocol during press conferences and media interactions.
Political restraint in public communications was urged after a social-media remark directed at Sunetra Pawar was criticised as ideologically irresponsible. It was stated that regret alone was insufficient and that leaders should exercise care in public comments. Press-conference protocol was also emphasised: the principal dignitary should respond to media questions, and those seated alongside should not participate in the interaction. Party colleagues were expected to act more responsibly in future media engagements.
August 5, 2026
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Neutral monetary policy stance continues as inflation clarity is awaited, alongside cooperative banking and lending-rate transparency measures.
Monetary policy maintained the benchmark policy repo rate and a neutral stance pending clearer evidence that energy-cost pressures will generate broad-based inflation. Inflation is expected to rise temporarily due principally to food and fuel prices before moderating, while core inflation remains benign. The approach remains data-dependent, supported by two-way liquidity operations. Proposed measures include resuming urban cooperative bank licensing, revising rural cooperative bank credit-monitoring directions, and harmonising interest-rate regulation on advances across regulated entities to improve transparency and consumer protection.
August 5, 2026
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Repo rate stability preserves the policy stance amid lower inflation projections, stronger growth expectations and external-sector resilience.
Monetary policy maintained the repo rate at 5.25 per cent following a unanimous policy committee decision. The growth forecast for FY27 was marginally increased, while the inflation projection was lowered. Inflation conditions remain uncertain because of monsoon, El Nino and geopolitical developments. Liquidity remained in surplus, and external-sector indicators reflected a current-account surplus, buoyant foreign direct investment inflows, renewed foreign portfolio investment inflows, and adequate foreign-exchange reserves.
August 5, 2026
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Polymer currency notes target improved durability as monetary policy remains data-dependent and rupee management pursues an orderly trajectory.
Polymer currency notes are targeted for circulation at the beginning of the next financial year, subject to implementation proceeding as planned. They are intended to improve durability, especially for lower-denomination notes with high circulation velocity. Monetary policy decisions will remain data-dependent and focused on aligning headline inflation with its medium-term target. Foreign Currency Non-Resident (Bank) scheme inflows are expected to remain healthy until closure, with no proposal for premature termination. Rupee management aims to maintain an orderly exchange-rate trajectory.
August 5, 2026
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Customs anti-smuggling enforcement targets gold concealed as silver-coated armlets following passenger profiling and personal search at airport.
Customs officers intercepted two passengers arriving from Istanbul after Advance Passenger Information System profiling and their activation of the Door Frame Metal Detector. A personal search recovered approximately one kilogram of gold, silver-coated and concealed as traditional armlets worn on the upper arms. The gold was seized under the Customs Act, a smuggling case was registered, and investigation was initiated into the source and any wider smuggling network.
August 5, 2026
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Closing auction price discovery for eligible derivatives shares begins as monetary policy retains the repo rate and neutral stance.
The Reserve Bank retained the repo rate with a neutral stance amid uncertainty over energy prices and supply disruptions. Stock exchanges introduced the Closing Auction Session in the equity cash segment for eligible shares with futures and options contracts. This auction-based mechanism determines closing prices of eligible stocks and aims to make price discovery more transparent and robust.
August 5, 2026
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Services-sector growth slowed as weaker demand, competition and postponed orders moderated business activity, while employment improved modestly.
Services-sector growth slowed as domestic and export orders moderated amid weaker demand, competitive pressures, softer market conditions and postponed orders. Output continued to expand, but at its weakest pace in more than four years. Employment growth improved modestly, while input costs rose and firms increased selling prices. Business confidence remained positive but declined, and the composite output indicator weakened due principally to the sharp slowdown in services activity.
August 5, 2026
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Interim bail conditions require residence outside the state and trial attendance in alleged manpower commission corruption proceedings.
Interim bail was granted to Anwar Dhebar in a matter involving alleged corruption and an illegal commission mechanism linked to a state marketing corporation. Conditions require him to remain outside Chhattisgarh, attend the trial court, and provide his residential address. The allegations concern manpower supply agencies allegedly being compelled to pay commissions for clearance of legitimate bills, with proceeds routed through intermediaries. The case was registered under the Indian Penal Code and the Prevention of Corruption Act.
August 5, 2026
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Tax certainty measures revise fund-management safe harbours, electronic-payment charges, sectoral exemptions, business-trust treatment, and excess expenditure appropriation.
The Taxation and Other Laws (Amendment) Bill, 2026 proposes to replace the Income-tax (Amendment) Ordinance, 2026 and amend payment-system and tax laws. It would prohibit charges on notified electronic payments, revise safe-harbour conditions for eligible investment funds and fund managers, and expand tax exemptions for Government securities, qualifying rough-diamond sales and bonded-warehouse component storage. It also modifies exemptions concerning electronic-goods contract manufacturing, data centres and business-trust dividends, while imposing a differentiated surcharge on qualifying special purpose vehicles. A separately included appropriation bill authorises excess expenditure from the Consolidated Fund of India.
August 5, 2026
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Growth and inflation projections reflect resilient domestic activity while energy volatility, supply disruptions, and food prices sustain inflation risks.
Monetary policy projections for fiscal 2026-27 revise real GDP growth upward to 6.7 per cent and Consumer Price Index inflation downward to 5 per cent. Domestic activity is described as resilient amid global uncertainty, but inflationary risks persist from rainfall disruption, energy-price volatility, supply-chain uncertainty, and second-round effects of higher food, fuel and input costs. Core inflation is projected at 4.3 per cent for the fiscal year.
August 5, 2026
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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
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Monetary policy rate maintenance continues under a neutral stance amid energy disruption, inflation concerns and sustained currency depreciation.
Monetary policy rate maintenance was continued with the repo rate retained at 5.25 per cent under a neutral stance amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The growth forecast was marginally increased and the inflation projection reduced. Sustained rupee depreciation against the dollar was attributed to costly oil, capital outflows, widening trade deficits and a strong US dollar.
August 5, 2026
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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
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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.

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January 12, 2026

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New Delhi, Jan 12 (PTI) Following are the top stories at 9.10 PM: NATION DEL81 PM-INDIA-LD-GERMANY (08.56 PM)

India, Germany decide to expand strategic ties to navigate global upheaval Ahmedabad: India and Germany on Monday unveiled measures to boost cooperation in areas of defence, trade, critical minerals and semiconductors, with Prime Minister Narendra Modi and Chancellor Friedrich Merz vowing to bolster overall bilateral ties to jointly navigate challenges arising out of geopolitical upheaval.

BOM26 GJ-PM-2NDLD MERZ (08.52 PM)

Modi, Merz engage in 'kite diplomacy'; German Chancellor pays tributes to Mahatma Gandhi Ahmedabad: German Chancellor Friedrich Merz on Monday visited the Sabarmati Ashram in Ahmedabad and paid rich tributes to Mahatma Gandhi, saying the teachings of India's independence movement hero are more needed today than ever.

DEL74 PM-YOUTHS-DIALOGUE (07:52 PM)

India's Gen Z is full of creativity, says PM Modi New Delhi: Prime Minister Narendra Modi on Monday said India's Gen Z is full of creativity and with innovative ideas, energy and purpose, the country's youth is at the forefront of nation-building.

DEL67 CBI-KARUR-2NDLD VIJAY (7.26 PM)

Karur stampede: TVK chief Vijay questioned for 6 hours by CBI; to be called again New Delhi/Chennai: TVK chief and actor Vijay was questioned for nearly six hours by the Central Bureau of Investigation (CBI) here on Monday in connection with the Karur stampede case, officials said.

DEL66 INDIA-US-2NDLD-GOR (7.23 PM)

India most essential to Washington, both sides actively engaged on trade deal: New US envoy New Delhi: Signalling an intent to rebuild strained ties, President Donald Trump's new ambassador to Delhi said on Monday that no country is as essential as India to the United States, and asserted that both sides are actively engaged to firm up a trade deal.

DEL57 SPEAKER-COMMONWEALTH (06.36 PM)

PM Modi to inaugurate Commonwealth speakers' conference; Pak, Bangladesh to stay away New Delhi: Prime Minister Narendra Modi will on Thursday inaugurate the 28th Conference of Speakers and Presiding Officers of the Commonwealth (CSPOC), which is expected to witness participation from 42 of the 56 member nations.

DEL54 DHANKHAR-HEALTH-LD AIIMS (06.24 PM)

Ex-VP Dhankhar admitted to AIIMS after two bouts of unconsciousness New Delhi: Former vice president Jagdeep Dhankhar was admitted to the All-India Institute of Medical Sciences (AIIMS) here on Monday after he fell unconscious twice on January 10, officials said.

DEL79 LD COLD (08.38 PM)

Near-zero temperatures freeze Rajasthan, Haryana; Gurugram sees frost with low of 0.6 deg C New Delhi: As fog floated across cityscapes and open grounds in northern states, the winter weighed much heavier, pushing mercury down to near-freezing temperatures in many areas which experienced the coldest night of the season.

CAL34 WB-ABHISHEK-2ND LD ED (08.30 PM)

Abhishek alleges 'information theft' in ED raid on I-PAC, sharpens TMC's attack on Centre Kolkata: Senior TMC leader Abhishek Banerjee on Monday escalated the party's confrontation with the Centre over the ED raid on I-PAC, alleging that the central agency's objective was not investigation but "stealing political information" to settle scores on behalf of the BJP ahead of the 2026 assembly polls.

CAL35 WB-NIPA-VIRUS AFFECTED (08.38 PM)

Bengal nurses on ventilator support after showing Nipah virus symptoms Kolkata: Two nurses working at a private hospital in West Bengal's North 24 Parganas district are showing symptoms of being infected with Nipah virus, a senior official of the state health department said on Monday.

MDS20 ISRO-LDALL SATELLITE-ANOMALY (07.48 PM)

ISRO's PSLV-C62 rocket encounters 'anomaly', deviates from flight path, misses orbit Sriharikota: In a second consecutive setback, ISRO's PSLV-C62 rocket carrying 16 satellites, including a foreign Earth Observation payload, failed to place them in the intended orbit after encountering an "anomaly" in the critical third stage of the launch on Monday.

MDS22 KL-LDALL SATYAGRAHA (08.20 PM)

Satyagraha sparks political storm in Kerala as CM accuses Centre of financial squeeze Thiruvananthapuram: Kerala saw a heated political showdown on Monday as state ministers led by Chief Minister Pinarayi Vijayan took to the streets with a Satyagraha, accusing the BJP-led Centre of squeezing the state financially.

BUSINESS DEL56 BIZ-LD INFLATION (7.08 PM)

Inflation rises to 3-month high of 1.33 in Dec; remains below RBI tolerance band New Delhi: Retail inflation rose to a three-month high of 1.33 per cent in December, mainly due to higher prices of food items, but remained below the Reserve Bank of India's lower tolerance level.

DEL84 BIZ-TAX-LD COLLECTION (09.02 PM)

Net direct tax kitty swells 9 pc to Rs 18.4 lakh cr on slower refunds, higher corp tax mop-up New Delhi: Net direct tax collection grew about 8.82 per cent to over Rs 18.38 lakh crore in the current fiscal till January 11 due to slower refunds and better corporate tax mop-up.

FOREIGN FGN54 CHINA-SHAKSGAMVALLEY-LD REAX (08:32 PM)

China reaffirms its territorial claims over Shaksgam Valley after India's objections Beijing: China on Monday reaffirmed its territorial claims over the Shaksgam Valley in the backdrop of India's objections, stressing that the Chinese infrastructure projects in the area are "beyond reproach".

FGN20 US-INDOPAK-TRUMP (11:11 AM)

I ended eight wars, India and Pakistan were going at it: Trump New York: US President Donald Trump repeated his claim that he has solved the conflict between India and Pakistan, saying he ended eight wars but still did not get the Nobel Peace Prize.

FGN15 US-TRUMP-VENEZUELA (08:21 AM)

Trump describes himself as 'Acting President of Venezuela' in Truth Social post New York: US President Donald Trump has posted a photo of himself on his social media site Truth Social with his designation listed as "Acting President of Venezuela."

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