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    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
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    RBI keeps policy rate unchanged for third time in row amid West Asia crisis
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    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
    Show AI Summary
    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.

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      Next Crypto to Explode: DeepSnitch AI Setting the Stage for Asymmetric Gains Through Massive 300% Bonuses, BMIC and HYPER Continue Growing

      January 24, 2026

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      Iran’s Central Bank stockpiled $500M worth of USDT as the country’s crypto usage expands amid massive protests. The move likely represents an attempt to prop up Iran’s rial. As the world’s governments increasingly turn to digital assets, retail traders are more interested in the next crypto to explode.

      With $1.30M raised ahead of its end-of-January launch, DeepSnitch AI is increasingly viewed as a project that possesses clear 100x potential.

      DeepSnitch AI is no stranger to these predictions, as the project’s analytics and AI prediction suite has been highlighted for its mass potential for months.

      Iran doubles down on crypto as protests ramp up On January 21, Blockchain analytics firm Elliptic revealed that Iran's Central Bank (CBI) amassed at least $507M in Tether's USD-pegged stablecoin USDT.

      The accumulation, traced via leaked documents and wallet mapping, increased during a severe economic downturn when the rial lost half of its value over eight months, hitting record lows against the dollar.

      Elliptic suggests the CBI deployed USDT to buy rials on local exchange Nobitex. This is essentially conducting open-market operations with crypto to stabilise the currency and support trade as sanctions keep piling up.

      Meanwhile, Chainalysis reported Iran's broader crypto activity surged to over $7.78B in 2025, with locals increasingly turning to BTC and other assets as a hedge against inflation, instability, and protests.

      At the same time, traders are keeping a track of the next crypto to explode as the market enters wider recovery.

      3 Breakout crypto projects 1. DeepSnitch AI: Could $DSNT be the next big cryptocurrency? Capturing a 100x pump early is what every trader dreams of. DeepSnitch AI, often believed to be the next crypto to explode, could present that rare opportunity.

      The project raised $1.30M in its presale with the token priced at $0.03609, indicating that there’s a strong indication that the launch will turn into a bona fide event, especially if the momentum continues.

      While DeepSnitch AI’s presale progress may indicate it’s one of the coins ready to rally, the utility itself is providing even more credibility to that particular narrative.

      Deploying five AI agents, DeepSnitch AI’s central intelligence suite supports on-chain tracking, fast and precise audits, actionable insights, instant scam detection (including rugs and honeypots), and sentiment and FUD shift forecasts.

      All of the features streamline DYOR and will be accessible after the highly anticipated late-January launch (the agents are already operational).

      Since 100x projections are already coming in, the latest DeepSnitch AI exclusive discount codes present just another major incentive.

      Investing over $2K unlocks a 30% bonus with the DSNTVIP30 code, and investing over $5K offers 50 with the DSNTVIP50 code. For whales, DSNTVIP150 provides 150% on investments above $10K, and those putting down over $30K can unlock a 300% bonus with the DSNTVIP300 code.

      https://youtu.be/K6HGIhxrfsI 2. Bitcoin Hyper: Will HYPER be the biggest L2 coin? Bitcoin Hyper is a trending L2 scaling solution that could make Bitcoin faster and cheaper without even requiring updates on the main chain.

      Although the project was criticized for slow development updates, the team revealed that the testnet had already processed over 5M transactions in December, proving that the potential to process high volumes is certainly there.

      The HYPER token is priced at $0.013615, and much of the community sees 2x-3x potential from today’s levels, which is quite solid for a technical L2 project that may have limited appeal to trader-centric DeepSnitch AI.

      The mainnet will launch in Q1 and will likely become a proving ground to see if HYPER is the next crypto to explode.

      3. BMIC: Just another wallet project? Many traders believe that it's unlikely that a wallet solution will be the next big cryptocurrency, primarily due to the oversaturation. However, BMIC stands out sharply by building a quantum-resistant architecture from the ground up.

      While promoted as a wallet (likely to capture attention), it actually offers a full ecosystem that includes a secure crypto debit card, advanced privacy tools, multi-chain support, and defenses against future quantum computing threats.

      Still in presale and priced at $0.049474, BMIC has quietly raised over $400K. BMIC could be the next crypto to explode if the market recognizes its value.

      Final words: Gear up for an explosion As the market recovers, traders are looking for something that packs more punch than majors that will incrementally move by 1%.

      This is where presale projects come in. DeepSnitch AI checks all the boxes: it’s launching in just a few weeks, has AI utility with mass appeal, and its presale progress is robust at $1.30M.

      Active VIP codes can save you some serious cash while also feeding the next crypto to explode the narrative.

      For example, the DSNTVIP30 code is applicable for a 30% on $2K and up, the DSNTVIP50 code for a 50% discount on $5K and up, and the DSNTVIP150 code for 150% on $10K and up. For those looking to go all in, DSNTVIP300 offers a massive 300% bonus for $30K.

      Secure your allocations in the DeepSnitch AI presale and keep track of the latest developments on X and Telegram.

      FAQs 1. What is the next crypto to explode in early 2026? DeepSnitch AI is widely tipped as the next crypto to explode, with $1.30M raised, powerful AI agents for risk analysis & scam detection, strong community 100x calls, and bonuses up to 300%.

      2. Why is DeepSnitch AI attracting so much attention right now? DeepSnitch AI combines live AI tools (on-chain tracking, audits, FUD monitoring) already operational, a late-January launch, $1.30M presale traction, and VIP codes offering significant bonuses.

      3. Why did Iran’s Central Bank stockpile over $500M in USDT? Iran’s CBI amassed $507M in USDT to stabilise the collapsing rial amid economic crisis and protests, using it for open-market operations.

      Disclaimer: Trading cryptocurrencies/digital assets carries a high level of risk, and may not be suitable for all investors. You should be aware of all the risks associated with cryptocurrency/digital asset trading, and seek advice from an independent financial advisor. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The website or its publishers will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.The above content is published as received and has not been edited by the channel staff. The channel holds no responsibility for its content.

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

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