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    Highlights of RBI's August monetary policy
    RBI targeting polymer currency notes launch in early FY28: Guv Malhotra
    Two women held at Delhi airport with 1 kg gold concealed as silver-coated armlet
    Sensex trades higher, Nifty flat post RBI policy
    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
    Markets climb in early trade on falling crude oil prices; RBI monetary policy decision awaited
    Rupee jumps 39 paise to 94.89 against US dollar ahead of RBI monetary policy decision
    Punjab govt committed to paying all valid dues; legal options being examined: FM Cheema
    ED searches multiple locations in Punjab, Chandigarh in PMLA case against PSIEC officials
    Rupee gains 9 paise against US dollar
    India, US working towards interim trade agreement: MEA
    Govt to adopt appropriate measures to mitigate fuel price volatility: MoS Finance
    Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LS
    Champion Mirabai Chanu Unveils MMTC-PAMP's 'Virasat' Recycled Gold Coin to Celebrate India's 80th Year of Independence
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    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.
    August 4, 2026
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    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
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    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
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    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
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    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.

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      Samarya Creation & Working Panda Films present Curtain Call with Aahana Kumra that celebrates the World of Theatre and its Iconic Stage Actors

      January 16, 2026

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      The Podcast Series premieres today on YouTube, offering an intimate look into the Lives of India’s Theatre Legends with Aahana as Host Mumbai (Maharashtra) [India], January 16: Samarya Creation Global Private Limited, a premier digital content creation and distribution company along with Working Panda Films, today announced the launch of “Curtain Call,” an exclusive podcast series that delves into the vibrant and often untold stories of Indian theatre. Hosted by the dynamic and talented actress Aahana Kumra, the series premieres today at 1 PM on https://www.youtube.com/@CurtainCallwithAahana. Each episode of “Curtain Call” features intimate, unscripted conversations with renowned theatre directors, actors, playwrights, and technicians, offering viewers a rare glimpse into the personal journeys, challenges, and triumphs of India’s most celebrated theatre artists. Through in-depth conversations, the show explores the rich tapestry of Indian stagecraft, bringing to light the dedication and artistry that have shaped the country’s theatrical landscape. Watch Teaser - https://www.instagram.com/reel/DTiHTtIDBl9/?igsh=dms3b3JiOGxwcHE4 Season 1 Features India’s Most Celebrated Theatre Artists The 10-episode first season presents an extraordinary lineup of theatre legends: • Ratna Pathak Shah & Naseeruddin Shah: National Award-winning actors, co-founders of legendary Motley Productions, and pioneers of parallel cinema with 40+ years shaping Indian theatre • Makarand Deshpande: Legendary actor, director, and playwright with groundbreaking contributions to experimental theatre • Rajat Kapoor & Vinay Pathak: Multi-talented actor-directors known for National Award-winning film “Raghu Romeo” and acclaimed theatrical productions, bringing innovative storytelling to both stage and screen • Suchitra Pillai & Joy Sengupta: Seasoned theatre and film actors known for their powerful stage presence and nuanced performances • Pratik Gandhi & Bhamini Oza Gandhi: Rising stars of Gujarati and Hindi theatre and cinema, representing the new generation carrying forward theatrical traditions • Amrita Shubash & Sandesh Kulkarni: Acclaimed actors with deep roots in regional and contemporary theatre movements • Amol Parashar & Priyanshu Painyuli: Versatile performers who seamlessly transition between theatre, film, and digital platforms Preserving India’s Theatrical Heritage Through Premium Digital Storytelling Indian theatre has been the backbone of the country’s performing arts, nurturing talent that has gone on to shine in cinema, television, and international stages. However, many stories of these iconic artists remain untold. “Curtain Call” aims to bridge this gap by creating a documented archive of conversations with theatre luminaries, while celebrating the entire theatrical ecosystem, from performers and directors to technicians and the venues that house this art form. “Theatre is where I found my voice, my identity, and my purpose,” said Aahana Kumra, host and curator of “Curtain Call.” “Through this platform, I want to honour the masters who have paved the way and create a complete world that celebrates every dimension of Indian theatre. These conversations are not just about the past; they’re about understanding the soul of Indian performance art and sharing it with audiences who may not have had the opportunity to experience theatre firsthand. As someone deeply embedded in this world, I feel a responsibility to ensure these stories, this ecosystem, this legacy is preserved and celebrated.” What Viewers Can Expect The series covers: • Personal anecdotes from decades on stage • The evolution of Indian theatre from traditional forms to contemporary expressions • Behind-the-scenes insights into iconic productions • Challenges faced by theatre artists in sustaining their craft • The influence of theatre on Indian cinema and popular culture The premiere episode features Ratna Pathak Shah and Naseeruddin Shah, the iconic couple who co-founded Motley Productions in 1977. The conversation explores their individual journeys to theatre, the evolution of Motley, their approach to selecting and directing plays, and their reflections on over four decades of dedication to the craft. Integrated Content Ecosystem “Curtain Call” showcases Samarya Creation’s end-to-end content capabilities. The series benefits from Samarya’s advanced analytics to identify and engage theatre enthusiasts across India and globally. “At Samarya, we believe great content deserves strategic amplification,” said Manoj Agarwal, Founder, Samarya Creation Global Private Limited. “Curtain Call is more than a podcast; it’s a complete theatrical universe. With Aahana Kumra, a respected talent, at the helm of this IP, we’re creating a premium platform that celebrates theatre in all its dimensions while building a contemporary, culturally relevant destination for performing arts. This is a testament to how technology and creativity can work together to preserve cultural heritage while building engaged digital communities. From social media campaigns to multimedia storytelling, we empower brands and cultural initiatives to stand out in an ever-evolving digital landscape.” About Samarya Creation Leadership Samarya Creation Global Private Limited is led by Founder Directors Manoj Agarwal, Sunil Goenka and Narendra Ruia, who bring visionary leadership and strategic expertise to the company's content creation and distribution initiatives. Vikas Agarwal serves as Director, contributing valuable industry insights and guidance. The company is privileged to have renowned music lyricist Sameer Anjaan as a partner, whose creative legacy in Indian cinema adds depth to Samarya's cultural storytelling vision. To further strengthen its position in the media and entertainment landscape, Samarya has onboarded veteran advisors who are industry leaders in their respective domains, providing strategic guidance and mentorship as the company scales its operations and expands its impact in digital content creation and cultural preservation. About Samarya Creation Global Private Limited Headquartered in Mumbai, Samarya Creation is a premier digital content creation and distribution company where creativity meets strategy in the digital realm. Specialising in compelling narratives that captivate audiences and drive engagement. “Curtain Call” represents Samarya’s commitment to cultural preservation through innovative digital storytelling. About Working Panda Films Working Panda Films is a Mumbai-based creative production company co-founded by Aahana Kumra and Apurva Singh. Focusing on original storytelling across films, theatre, digital content, and advertising and driven by strong narratives, the company nurtures emerging talent and meaningful stories. Working Panda Films aims to bridge art with wider audiences through authentic, high-quality productions. About Aahana Kumra Aahana Kumra is an acclaimed Indian actress and theatre artist known for her versatile performances across theatre, film, and web series. A respected and well-recognised name in the industry, Aahana brings both professional expertise and genuine passion to her role as host and curator of Curtain Call. With a strong foundation in theatre, having worked with renowned directors and production houses, she embodies the credibility and cultural relevance that make this IP naturally authoritative. Her notable works include films like “Lipstick Under My Burkha,” “The Accidental Prime Minister,” and web series such as “Marzi” and “Avrodh”. She continues to be a passionate advocate for Indian theatre and the performing arts, making her the ideal voice to lead this complete world of theatre. Media Contact: [email protected] (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI

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