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    Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat
    Insurance Division, DFS Secures 3rd Rank in Group A Category of Grievance Redressal Assessment & Index (GRAI) for June 2026
    VKDL Group’s NPA Bazaar Strengthens India’s Distressed Asset Resolution Ecosystem Under the Leadership of V K Dubey
    Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
    Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026
    Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
    Monthly review of accounts of Government of India upto June 2026 (FY 2026-27)
    DRI busts illegal drug manufacturing unit in Satara district in Maharashtra; two arrested
    CCI approves proposed combination inter alia involving share acquisition(s) and merger of certain entities e.g. AAPC India, Triguna, Caddie, SMPL, Tec...
    Rupee gains 20 paise to close at 95.08 against US dollar post-RBI policy decision
    TN Budget: Revenue deficit at Rs 55,775 crore, fiscal deficit estimated at Rs 1,21,819 crore
    Tatkare slams ‘gungi gudiya’ jibe against Sunetra; Cong says row being exploited for political gains
    RBI invites public comments on Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks
    Pakistan-origin dry dates, routed through UAE, seized at Kandla port
    RBI keeps rates unchanged, retains neutral stance; outlook uncertain on El Nino, geopolitical risks
    Government Notifies Inventory-based Cross-border E-Commerce Export Framework under Foreign Trade Policy 2023
    Customs official among 5 held for smuggling gold of Rs 1.44 crore at Indore airport
    Lok Sabha passes Bankers' Books Evidence Bill to replace colonial-era law
    Sensex gains 152 pts in volatile session as RBI keeps policy rates unchanged
    DRI seizes 364 metric tonne (MT) banned Pakistan-origin dry dates imports worth Rs. 3 crore
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    August 6, 2026
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    Closing auction price discovery may affect benchmark levels differently based on constituent liquidity and concentrated institutional order flow.
    The Closing Auction Session in the equity cash segment uses an auction-based method to determine closing prices of eligible shares with futures and options contracts, aiming to strengthen transparent and robust price discovery. Its effect on benchmark closing levels may differ according to constituent liquidity and institutional order flow. The Reserve Bank of India retained the policy repo rate and neutral stance, indicating that future policy decisions will be data-dependent and influenced by assessment of energy-cost effects on inflation.
    August 6, 2026
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    Public grievance redressal strengthens through monitoring, senior review, workshops, stakeholder coordination, and customer-centric service delivery improvements.
    Public grievance redressal is assessed through the Grievance Redressal Assessment and Index, which analyses grievance categories and disposal. The Department of Financial Services' Insurance and Banking Divisions received third and sixth ranks respectively in the June 2026 assessment. Its framework includes disposal of grievances, random reviews by senior officials, and workshops on effective grievance redressal, supporting best practices, stakeholder coordination, technology use, customer-centric service, and accountable public service delivery.
    August 6, 2026
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    Distressed asset resolution integrates restructuring, insolvency advisory, funding facilitation and digital marketplaces for transparent financial recovery transactions.
    The platform provides integrated advisory, management and transaction-facilitation services for Non-Performing Assets, stressed assets and distressed assets. Its services include NPA resolution, debt restructuring, One-Time Settlements, funding assistance, insolvency and bankruptcy advisory, asset reconstruction, financial restructuring and capital raising. Digital and offline marketplaces facilitate transactions involving distressed assets, receivables and related movable or immovable properties, supported by collaborations with banks, Non-Banking Financial Companies, Asset Reconstruction Companies, corporates and investors.
    August 6, 2026
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    Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
    The proposed amendment to Section 10A of the Payment and Settlement Systems Act, 2007 replaces the existing income-tax-linked reference with a Central Government notification-based mechanism for electronic payment modes. It removes the current statutory restriction preventing banks and payment service providers from charging Merchant Discount Rate on notified modes, enabling the Government to permit charges for UPI and other digital payments. The policy rationale is to support funding for payment infrastructure and a sustainable revenue model for service providers.
    August 6, 2026
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    Neutral monetary policy stance continues as resilient growth and food-fuel inflation risks require close macroeconomic monitoring.
    The Monetary Policy Committee retained the policy repo rate and continued the neutral monetary policy stance, citing the need to assess evolving growth-inflation conditions. Domestic activity was assessed as resilient, supported by consumption, investment, credit, manufacturing, services and exports, although global uncertainty, energy prices, supply-chain pressures, geopolitical developments and monsoon conditions remain risks. CPI inflation increased mainly because of food and fuel pressures, while underlying inflation remained moderate. The Committee considered that price pressures were not yet generalised and reaffirmed its commitment to align inflation with the target.
    August 6, 2026
    Show AI Summary
    Closing auction price discovery and a neutral monetary policy stance shaped equity market conditions amid lower crude prices.
    The Closing Auction Session in the equity cash segment introduced an auction-based mechanism for determining closing prices of eligible shares with futures and options contracts, intended to make price discovery more transparent and robust. The Reserve Bank of India retained its neutral stance and left the benchmark policy rate unchanged, pending greater clarity on the inflationary effects of higher energy costs. Future policy decisions were stated to be data dependent.
    August 6, 2026
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    Monthly public accounts review records receipts, expenditure, tax devolution, interest payments, subsidies, and capital spending through June.
    Consolidated monthly accounts up to June 2026 report total receipts of Rs.10,49,243 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.2,63,336 crore. Total expenditure is Rs.13,57,076 crore, including revenue expenditure of Rs.10,16,818 crore and capital expenditure of Rs.3,40,258 crore. Revenue expenditure includes interest payments and major subsidies.
    August 6, 2026
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    Illicit psychotropic drug manufacture triggered seizure, apprehensions, and investigation into planned trafficking under narcotics control law.
    Illicit manufacture and trafficking of Alprazolam and Diazepam, psychotropic substances regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985, were detected at a clandestine facility. Searches recovered finished and intermediary substances, together with raw materials and reaction mixtures used in manufacture, and the goods were seized under the Act. The manufacturer and an intended buyer were apprehended, with material indicating a proposed transaction for further illicit trafficking. Preliminary investigation indicated prior involvement in illegal drug production and trafficking.
    August 6, 2026
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    Competition approval for hotel-sector consolidation covers share acquisitions and merger of Accor-branded hotel entities into InterGlobe Hotels.
    Competition approval was granted for related share acquisitions and the merger of AAPC India, Caddie, Triguna, Srilanand Mansions, Techpark and Accent into InterGlobe Hotels. The combination involves entities jointly controlled by the Bhatia Family Group and the Accor Group, including hotel-owning and developing entities, hotel management and franchising operations, leasing activities, and captive consultancy and support services relating to Accor-branded hotels in India.
    August 5, 2026
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    Rupee appreciation followed unchanged monetary policy, lower crude prices, weaker dollar and expectations of orderly exchange-rate management.
    The rupee strengthened after the central bank maintained its policy rate and neutral monetary-policy stance. Lower crude oil prices, a weaker US dollar and declining US Treasury yields supported investor sentiment. Earlier measures to attract capital inflows remained part of the framework supporting the rupee, while the central bank stressed its endeavour to preserve an orderly currency trajectory. Future movement was linked to geopolitical de-escalation, global risk sentiment and US economic data.
    August 5, 2026
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    Fiscal consolidation through revenue mobilisation and leakage control aims to reduce deficits while expanding capital expenditure capacity.
    Tamil Nadu's Revised Budget Estimates for 2026-27 project a revenue deficit and fiscal deficit, with outstanding liabilities comprising public debt and public-account liabilities. Revenue mobilisation is proposed through improved tax administration, collection efficiency, closure of leakages, liquor-manufacturer privilege fees, and eligible Union grants. The strategy projects gradual deficit reduction to create room for capital expenditure, supported by expenditure reforms aimed at eliminating leakages, optimising expenditure, and improving service delivery.
    August 5, 2026
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    Political criticism of public office-holders raises debate over media accountability, personal remarks, and acceptable public discourse.
    Political criticism followed a social-media post describing Maharashtra Deputy Chief Minister Sunetra Pawar as "gungi gudiya" in connection with a press interaction on law-and-order issues in Beed district. Congress representatives stated that the post was not a personal insult, had been deleted after adverse reactions, and was followed by an expression of regret. NCP representatives termed the expression inappropriate and stressed that the principal dignitary should conduct media interactions. Shiv Sena (UBT) representatives described the phrase as not unparliamentary and linked it to criticism of a guardian minister's public responsibilities.
    August 5, 2026
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    On-tap licensing for Urban Co-operative Banks enters public consultation through draft guidelines inviting stakeholder feedback.
    Draft guidelines for 'on tap' licensing of Urban Co-operative Banks have been issued for public and stakeholder consultation. Comments and feedback may be submitted until September 05, 2026, through the designated online consultation facility or by written or email submission to the specified regulatory department.
    August 5, 2026
    Show AI Summary
    Prohibition on indirect Pakistan-origin imports targets alleged origin misdeclaration and UAE routing used to circumvent trade restrictions.
    Import prohibition on goods originating in Pakistan applies to direct and indirect imports under the Foreign Trade Policy, 2023. Pakistan-origin dry dates routed through the UAE were allegedly declared as UAE-origin goods for import, and were intercepted under the Customs Act, 1962. Investigation indicated that the goods were first sent from Pakistan to Dubai, re-containerised, and then exported to India. A separate interception involved Pakistan-origin guggul resin allegedly declared as Somali natural resin and routed through Dubai.
    August 5, 2026
    Show AI Summary
    Neutral monetary policy stance keeps benchmark rates unchanged while inflation risks, liquidity management and consumer-protection reforms remain under review.
    Monetary policy maintains the benchmark policy rate unchanged and retains a neutral stance, with future decisions guided by incoming data. The central bank remains committed to aligning headline inflation with its medium-term target while monitoring food, fuel and other input-cost risks. Surplus liquidity will be managed through two-way operations, and the regulatory framework for interest rates on advances is proposed to be harmonised and standardised across regulated entities to improve transparency and consumer protection.
    August 5, 2026
    Show AI Summary
    Export-only e-commerce inventory framework enables seller exports through registered exporters while requiring traceability, timely payments and domestic-diversion controls.
    The export-only inventory framework permits eligible e-commerce entities to export through a registered Exporter-on-Record, which procures goods from Indian Sellers-on-Record against confirmed overseas orders and assumes export and destination-country compliance responsibilities. Inventory must be segregated, digitally traceable and cannot be diverted to domestic sale. The framework requires timely seller payments, visibility of overseas sales and shipment information, proportional pass-through of export rebates and refunds, annual compliance certification and digital records.
    August 5, 2026
    Show AI Summary
    Gold smuggling enforcement targets concealed foreign-origin gold, airport control evasion, and illicit railway transport under customs law.
    Gold smuggling enforcement operations under the Customs Act, 1962 involved alleged concealment and unlawful movement of foreign-origin gold. At an international airport, an alleged syndicate used an airline employee to transfer gold received from arriving passengers outside Customs and immigration controls, with gold disguised as silver-coloured bracelets. A separate railway operation concerned gold concealed in a specially made cloth waist belt and intended for delivery to a jeweller. The actions addressed concealment, evasion of Customs controls, and illicit transport of foreign-origin gold.
    August 5, 2026
    Show AI Summary
    Digital bank-record evidence gains a technology-neutral framework through expanded admissibility, certified authentication, and regulated production of bankers' books.
    The Bankers' Books Evidence Bill, 2026, modernises the evidentiary treatment of banking records by extending "bankers' books" to physical, electronic, digital, virtual and cloud-based records. It recognises electronic bank records as admissible evidence, allows production in physical or electronic form, and provides for standardised certificates authenticated by manual, digital or electronic signatures. The Bill also defines "special cause" for compelling bank officers to produce records or testify where the bank is not a party, and permits extension to specified financial-sector entities subject to conditions.
    August 5, 2026
    Show AI Summary
    Closing auction price discovery and unchanged policy rates shaped volatile equity trading amid inflation and geopolitical uncertainty.
    The Monetary Policy Committee retained the policy repo rate and neutral policy stance while seeking greater clarity on inflation risks from higher energy costs. Stock exchanges introduced the Closing Auction Session for eligible futures and options shares in the equity cash segment to determine closing prices through a more transparent and robust auction-based price-discovery mechanism. Equity markets showed volatile, limited gains amid geopolitical uncertainty, energy-price concerns, profit booking and the new mechanism's introduction.
    August 5, 2026
    Show AI Summary
    Pakistan-origin import prohibition covers third-country routing, false origin declarations, forged documents, and trans-shipment arrangements used to evade restrictions.
    The prohibition on direct or indirect import or transit of goods originating in or exported from Pakistan extends to goods routed through third countries and falsely declared as having another origin. Misdeclaration of country of origin, false descriptions, forged documentation, and trans-shipment arrangements may contravene that prohibition and invite action under the Customs Act, 1962. Dry dates declared as UAE-origin and Guggul resin declared as Somalia-origin were investigated as goods of Pakistan origin routed through Dubai.

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      OPPO Launches K14x 5G in India, Bringing Power, Performance and Smoothness for Worry-Free Everyday Use, Starting INR 13,499

      February 10, 2026

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      New Delhi, 10th February 2026: Building on the strong legacy of its K Series in India, OPPO India today announced the launch of the OPPO K14x 5G, a smartphone designed to deliver Power, Performance and Smoothness—a top-tier trio that defines OPPO’s promise of a worry-free, all-day experience. Crafted for students, early jobbers, gamers and value-conscious users, the OPPO K14x 5G is built to support long hours, heavy usage and real-life multitasking, enabling users to stay focused, connected and immersed throughout the day.

      Priced at INR 14,999 for the 4GB+128GB variant and INR 16,999 for the 6GB+128GB variant, the OPPO K14x 5G will be available for purchase starting 16th February 2026 on the OPPO e-store and Flipkart from 12 PM onwards, in two colour options—Icy Blue and Prism Violet. Pre-bookings for the OPPO K14x 5G begin from today, giving consumers an early opportunity to secure the device. Customers purchasing the smartphone can avail a INR 1,500 instant discount on the 4GB and 6GB variants, valid only on the sale day with select bank offers along with an additional 3-month No Cost EMI option, bringing the effective price at INR 13,499 and INR 15,499 respectively.

      Goldee Patnaik, Head of Communications at OPPO India, said, “The OPPO K Series has earned the trust of millions of users in India by consistently delivering reliable performance, long-lasting power, and a smooth everyday experience at accessible price points. With the OPPO K14x 5G, we are building on this strong legacy by introducing a smartphone that is designed to keep up with real-life demands—long days, constant multitasking, and uninterrupted usage. The K14x reflects our continued focus on smoothness that lasts, dependable performance, and worry-free power, backed by OPPO’s commitment to quality and a strong after-sales ecosystem. It is a device created to support users through every part of their day, without slowing them down.” Anshuman Bhatt, Head of E-Commerce said, “With the launch of the OPPO K14x 5G, we are strengthening the K Series’ promise of delivering dependable performance and long-lasting value for everyday users. Built around real-life usage needs, the K14x brings together strong battery endurance, smooth system performance and a refined design—making it a reliable choice for customers looking for a worry-free smartphone experience. Starting today, customers can pre-book the OPPO K14x through our e-commerce partners, and we are excited to make this new addition easily accessible to consumers across India.” All-Day Power Built to Last At the heart of the OPPO K14x 5G is a massive 6500mAh battery, purpose-built to support long, demanding days without constant charging anxiety. Designed around real-life usage patterns, the battery delivers reliable endurance across everyday scenarios—offering up to 20.9 hours of screen-off calling, 17.6 hours of YouTube video playback, and 16.1 hours of Google Maps navigation, along with up to 12.1 hours of WhatsApp video calling in measured tests. Even during extended gaming sessions, the OPPO K14x 5G maintains consistent performance, delivering up to 10.5 hours of Free Fire and 9.4 hours of BGMI—ensuring uninterrupted use from morning to night. Complementing the large battery is 45W fast charging, which powers the device from 1% to 30% in approximately 23 minutes, along with support for reverse wired charging for added convenience. Built for longevity, the OPPO K14x 5G also features a 5-year durable battery design, retaining over 80% of its original capacity even after 1,800 charge cycles—offering users dependable power and long-term peace of mind.

      Premium Design Meets Immersive Display and Everyday Durability The OPPO K14x 5G is designed to make a strong visual impression while staying practical for everyday use. Featuring a sleek, well-balanced form factor with a slim 8.61mm profile and weighing around 209–212g, the device offers a comfortable in-hand feel despite its large battery and display. Its flagship-inspired design language is highlighted by a high-quality metallic Deco camera module and an integrated metallic frame that adds a premium look and solid grip. The camera lens is further treated with an AF coating to repel water and resist fingerprints, helping the device stay clean and polished during daily use. Available in two distinctive colours—Icy Blue, inspired by the translucent glow of ice crystals, and Prism Violet, which blends deep violet with dark metallic undertones—the OPPO K14x 5G combines trendy aesthetics with refined craftsmanship through advanced matte textures and layered finishing processes.

      Enhancing the overall experience is a large 6.75-inch HD+ display with a 120Hz refresh rate and up to 1125nits of peak brightness, delivering fluid scrolling, immersive visuals, and improved readability even under bright outdoor conditions. Outdoor Mode 2.0, paired with improved thermal management, ensures stable visuals and consistent performance during extended usage or high-temperature environments. Adding to everyday peace of mind, the OPPO K14x 5G comes with an IP64 rating, offering protection against dust and water splashes, making it well-suited for real-life scenarios. Together, its premium design, smooth display, and durable build reinforce the OPPO K14x’s positioning as a dependable smartphone crafted for long-term, worry-free everyday use.

      Built for Real-Life Smoothness and Reliable Performance The OPPO K14x 5G is engineered around how people actually use their smartphones—switching constantly between apps, messages, navigation, and content throughout the day. Its full-dimensional scene smoothness optimisation targets heavy-load scenarios such as multiple background apps, large applications, and frequent multitasking, enabling faster app switching, quicker cold starts for commonly used apps, and a consistently fluid experience even during peak usage. Segment-leading UFS read and write speeds—up to 3× faster than competing devices—further enhance responsiveness by enabling quicker app launches, faster file access, and smoother multitasking. Complementing the hardware is OPPO’s dual-engine optimisation on ColorOS 15, which delivers up to 1.71× better average app stability compared to the previous generation, helping users stay focused without lag, stutters, or disruptions.

      Designed for long-term reliability, the OPPO K14x 5G also introduces a one-click refresh function that consolidates system optimisation into a single action, delivering up to a 15% performance improvement after refresh and reducing cold start time for frequently used apps by up to 20%. With monthly maintenance support and up to 48-month Fluency Protection, the device is built to remain smooth and dependable over years of use. Powering everyday performance is the MediaTek Dimensity 6300 chipset, ensuring consistent responsiveness across daily tasks such as messaging, streaming, and multitasking. Together with heavy-load optimisation, intelligent system tuning, and OPPO’s AI LinkBoost 3.0 for stable connectivity, the OPPO K14x 5G delivers a worry-free, fluid experience that helps users maintain their flow throughout the day.

      Smart Photography That Keeps Every Moment Effortless Photography on the OPPO K14x 5G is designed to be intuitive, versatile, and effortlessly refined, making everyday moments easy to capture and share. The smartphone is equipped with a 50MP AI camera that delivers sharp, detailed images across a wide range of scenarios—from quick social media updates and casual portraits to outdoor shots and daily memories. Supporting this is a 2MP depth sensor that works alongside the main camera to accurately detect depth and separate subjects from the background, enabling natural-looking portraits with well-defined bokeh and clear subject focus.

      Enhancing the imaging experience further are OPPO’s intelligent AI-powered camera features, including AI Eraser, AI Reflection Remover, AI Best Shot, and AI Unblur. These tools help automatically refine images by removing unwanted elements, reducing reflections, sharpening details, and selecting the best frame—allowing users to focus on the moment while the phone handles optimisation in the background. The OPPO K14x 5G also supports AI Portrait Retouching on both front and rear cameras, offering subtle, natural enhancements aligned with current aesthetic preferences. With intelligent beauty adjustments that adapt to lighting conditions and skin tones, along with real-time previews and manual controls, users can achieve polished yet realistic results with ease.

      Adding to its creative versatility, the OPPO K14x 5G introduces Dual-View Video, enabling simultaneous recording from both the front and rear cameras and combining them into a single frame. Ideal for vlogs, interviews, or reaction-based videos, this feature opens up new ways to tell stories and capture perspectives in real time—making the OPPO K14x 5G a well-rounded camera companion for everyday creativity.

      ColorOS 15: Built for Fluidity, Stability and Intelligent Everyday Use Powered by ColorOS 15 based on Android 15, the OPPO K14x 5G delivers a smooth, stable, and intelligent everyday experience. At its core is OPPO’s self-developed Luminous Rendering Engine, a system-level rendering architecture tailored to the K14x’s performance, enabling multi-rendering scheduling and industry-first interruptible parallel animations for consistently fluid visuals during fast interactions and heavy multitasking.

      This is complemented by OPPO’s Trinity Engine, an independently developed solution that balances performance and power consumption, extends app keep-alive times, and enables instruction-level computing power scheduling—ensuring sustained system fluency and responsiveness over time.

      ColorOS 15 also brings practical AI enhancements such as AI Smart Image Matting 2.0 for precise subject extraction, quick edits, and one-tap sharing, alongside Google Gemini integration for advanced multilingual understanding, intelligent assistance, and multimodal content handling—backed by strong data privacy and security standards.

      Peace of Mind Beyond the Purchase Reinforcing its long-standing commitment to trust, reliability, and customer satisfaction, OPPO India ensures that the K14x 5G ownership experience extends well beyond the point of purchase. The OPPO K14x 5G is supported by a strong nationwide after-sales service network designed to offer timely and dependable assistance when users need it most. From the date of purchase, customers can visit an official OPPO service centre within 30 days for a free inspection and replacement in the event of any quality issues arising from non-human damage. This added layer of support reflects OPPO’s focus on delivering not just powerful performance and smooth everyday usage, but also lasting confidence and peace of mind throughout the ownership journey.

      Read terms and conditions on OPPO Store Please find more details here.

      OPPO India Founded in 2014, OPPO Mobiles India Pvt Ltd (OPPO India) is a leading technology company in India, renowned for its innovative and diverse portfolio, including the Find, Reno, F, K, and A series smartphones, as well as IoT devices. The company is headquartered in Gurugram, Haryana.

      OPPO has been at the forefront of technological innovation, particularly in imaging technology, device durability, and battery health optimisation. Guided by the philosophy ‘Make Your Moment’, OPPO empowers users to create and embrace the beauty of life through advanced technology, fostering freedom and fulfilment in everyday experiences.

      Spanning over 110 acres, the company operates one of India’s largest mobile manufacturing facilities in Greater Noida, Uttar Pradesh. With multiple production lines, assembly stations and testing stations, the plant is capable of dispatching hundreds of micro parts to produce approximately 200 smartphones in under 10 minutes. As a socially responsible organisation, OPPO India actively engages in initiatives focused on skill development and e-waste awareness among the country’s youth.

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

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