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    Rupee gains 13 paise to close at 95.15 against US dollar post-RBI policy decision
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    'Gungi gudiya' remark against Sunetra shows Cong's 'ideological bankruptcy': NCP leader Tatkare
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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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      Top 5 Favourites to Win the Player of the 2026 ICC T20 World Cup ft. Pathum Nissanka, Hardik Pandya, Mitchell Marsh, and More

      February 6, 2026

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      Hardik Pandya pushed India over the line in the 2024 ICC T20 World Cup Final Delhi, India (NewsVoir) The 2026 ICC T20 World Cup is less than a fortnight away, and the build-up to the T20 extravaganza is heating up as most of the teams are already playing or are set to play in bilateral T20I series to perfect their preparations for the tenth edition of the ICC T20 World Cup.

      The tenth edition of the T20 World Cup would mark a new leaf in the history of the tournament, as this will be the first edition which would not be marked by the presence of former Indian skipper Rohit Sharma or former Bangladesh skipper Shakib al Hasan.

      Veterans like David Warner and Virat Kohli have played some memorable performances in the recent editions of the marquee tournament, but will not appear in the 2026 edition. This year could mark the rise of new legends in T20Is with the likes of Suryakumar Yadav, Aiden Markram, Harry Brook, and Mitchell Marsh vying to win their first ICC tournament as the skipper of their respective nations.

      While batters have majorly ruled the roost in terms of winning the Player of the Tournament accolade at the previous T20 World Cups, the last edition witnessed Jasprit Bumrah bagging the individual accolade after a thoroughly impressive performance, helping India end their 17-year wait for the ICC T20 World Cup trophy.

      Let’s have a look at the top four favorites to win the Player of the Tournament award at the 2026 edition of the ICC T20 World Cup: #5 Marco Jansen (South Africa) Marco Jansen will have to contribute as a genuine all-rounder in the 2026 ICC T20 World Cup Marco Jansen has emerged as one of the best all-rounders in T20 cricket over the last couple of years, as his power-hitting abilities have consistently improved, and the lanky all-rounder now stands as the firm favorite to play at No.7 or No.8 for the Proteas.

      Placed alongside New Zealand and Afghanistan in Group D, South Africa would have an unenviable task of being at their best from the word ‘go’, which could prove to be tough, as showcased in their 3-1 loss to India in a recent bilateral series in similar conditions.

      Jansen showcased his power-hitting in the dead rubber of the series, smashing two boundaries and three maximums in 12 deliveries and also bowled a brilliant spell of 2/25 in four overs in the only match Markram’s men won in the tournament.

      #4 Mitchell Marsh (Australia) The Australian skipper has proven to be a powerhouse for Lucknow Supergiants, and despite the fact that Supergiants struggled in the 2025 edition of the Indian Premier League season, Marsh ended up in the Top 5 of the Orange Cap race with 627 runs in 13 innings at a strike rate of 163.71.

      After winning the 2021 ICC T20 World Cup, Australia has suffered two consecutive disappointing campaigns in the tournament, and both campaigns hurt the Kangaroos in different ways. While the loss in the 2022 edition at home would have arguably hurt them the most, the fact that they were eliminated by dark horses Afghanistan from the last edition would have stung even more for the fans down under.

      A product of Western Australian cricket, Marsh is one of the three Australian batters to feature in the Top 11 of the ICC T20I Men’s Batter rankings, alongside Travis Head and Tim David. The opening batter is well-versed with pitches in Mumbai, Ahmedabad, and Chennai, which could benefit the 2021 ICC T20 World Cup champions in the Super Eight stage.

      #3 Mohammad Nabi (Afghanistan) Veteran all-rounder Mohammad Nabi would be a key figure in the middle-order for Afghanistan alongside Azmatullah Omarzai and Rashid Khan. Over the years, Nabi has proven his mettle by finishing several matches for the Afghan Atalans and has a career strike rate of 136.59, which further improves to 165.5 when we narrow his T20I record to matches played in India.

      Along with his power-packed variety of batting shots, the 41-year old is a wily spinner who can spin webs around the opposition teams, especially on spin-friendly pitches in Chennai and Colombo.

      Afghanistan will open their group stage campaign and end it at the M.A.Chidambaram Stadium in Chennai, and their tournament opener against New Zealand could prove to be crucial for their 2026 ICC T20 World Cup chances.

      Nabi would be expected to support the spin trio of Mujeeb Ur Rahman, skipper Rashid, and Noor Ahmad while Fazalhaq Farooqi and Omarzai take care of the seam bowling duties. Afghanistan have a strong chance of making it to the semi-finals yet again if they play their cards right with Ibrahim Zadran and Darwish Rasooli in top form at the top of the order.

      #2 Pathum Nissanka (Sri Lanka) Pathum Nissanka has been the shining light for Sri Lanka’s flailing batting order in the last couple of years. While the youngster started his career with timid strike rates in T20Is, Nissanka’s consistency and improvement in the last couple of years have been rewarded by a bidding war between Delhi Capitals and Kolkata Knight Riders at the 2026 IPL mini-auctionw which ended with the Capitals shelling out INR 4 Crores to sign the Lankan batter.

      Over the last couple of years, the 27-year old has bulked up, gained more power, and opened his shot selection to more options, thus improving his strike rate to 138.53 in 2024 and 149.16 in 2025, which included a century against India in the 2025 Asia Cup. The opening batter stuck to his guns in a chase of 203 runs, scoring 107 runs off 58 balls, smashing 7 fours and 6 maximums, helping Sri Lanka take the dead rubber encounter to a Super Over battle.

      The 2014 T20 World Cup champions endured a tough time in the last few editions, even failing to get out of the group stage in the 2024 edition of the tournament, finishing in third place behind Bangladesh. The Lankan Lions would be relying on the brilliance of Nissanka and Wanindu Hasaranga in home conditions, which would provide some much-needed familiarity to the players.

      #1 Hardik Pandya (India) The defending champions are packed with a plethora of match winners, with Hardik Pandya the most proven all-round option and the senior-most player of the team in terms of appearances for the national team.

      The Mumbai Indians skipper would be playing under the leadership of his franchise colleague Suryakumar Yadav, which could prove to be a blessing in disguise, as Pandya would be freed of the captaincy responsibilities and can fully focus on opening the bowling for the Men in Blue alongside Arshdeep Singh or providing the finishing touches with the willow in his hand.

      Amidst a patchy injury record, the No.4-ranked all-rounder in the ICC T20I rankings has been completely focused on perfecting his preparations for the upcoming T20 World Cup, as the 32-year old sat out of the ODI series against New Zealand.

      Since the start of 2024, Pandya has taken a wicket in almost every three overs in T20Is, and his career batting strike rate of 143.65 is improving further as Pandya has recorded strike rates of 150+ in the previous two calendar years.

      Contributed By- Mohak Arora, Parimatch Sports analytics expert (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR

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