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    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
    Rupee gains 13 paise to close at 95.15 against US dollar post-RBI policy decision
    ED raids premises linked to ex-Andhra MLA Malla Vijaya Prasad in chit fund scam
    'Gungi gudiya' remark against Sunetra shows Cong's 'ideological bankruptcy': NCP leader Tatkare
    RBI holds interest rates for fourth straight meeting, awaits clearer inflation outlook
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    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
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    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
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    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
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    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
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    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.
    August 5, 2026
    Show AI Summary
    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
    Show AI Summary
    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.

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      New Research by TeachBetter.ai Reveals How Teachers Are Using AI to Redefine Education

      February 11, 2026

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      Top 10 AI use cases based on real teacher usage, with actionable insights on the future of AI in Education Delhi, India — [11 February 2026] : As artificial intelligence rapidly enters education systems worldwide, a critical question remains unanswered: how are teachers actually using AI in real classrooms?Today, TeachBetter.ai released a landmark research report, “How Teachers Are Using AI to Transform Education,” highlighting top 10 teacher-led use cases of AI, alongside the launch of TeachBetter.ai Version 4.0, introducing a powerful Live Quiz & Poll Generator to enable real-time assessment, response capture, and immediate feedback, all done within seconds. Based on one year of anonymised platform usage data and qualitative feedback from thousands of educators, the report marks a shift in the AI-in-education conversation—from speculation to evidence, and from tools to teaching transformation. From Hype to Habit: What the Research Reveals The report’s most important finding is clear: AI adoption in education is already happening—but in very specific, teacher-led ways. Analysis of TeachBetter.ai platform usage, spanning over 115,000 resource generations and 30,000 users reveals that teachers are increasingly embedding AI into core instructional workflows such as lesson planning, assessment, and classroom preparation. This pattern of usage demonstrates that AI delivers its greatest value when it is applied to transform teaching through teacher-first platforms, rather than being used merely to automate or outsource isolated tasks via generic chatbots. Top 10 Teacher-Led AI Use Cases Identified in Real Classrooms Based on analysis of real usage data from the TeachBetter.ai platform, the research identifies ten recurring AI use cases that now define how teachers are integrating AI into everyday teaching. Below are the five most dominant patterns, representing the highest adoption among active teachers: • AI-powered lesson planning has become foundational, with 55% of teachers using AI to design lessons as part of their regular workflow. • Assessment design is scaling rapidly, as 48% of teachers rely on AI to create quizzes and worksheets efficiently. • Teaching is shifting toward visual-first instruction, with 35% of teachers using AI-generated presentations to explain concepts. • Academic and institutional writing is being streamlined, as 32% of teachers use AI for structured documentation and communication. • Concepts are increasingly taught through experiences rather than theory, with 28% of teachers using AI to design activities and projects. The full research report details all ten teacher-led AI use cases. Download Full Report. “The evidence shows that teachers are not using AI to replace teaching, but to transform it,” the report notes. When delivered through teacher-first platforms, AI is helping classrooms shift away from rote memorisation toward deeper understanding and real-world application—aligned with the pedagogical direction of India’s NEP 2020. A key driver of this transformation is time recovery. Teachers using AI on TeachBetter.ai save an average of 4.7 hours per week, time that is largely reinvested into student mentoring, concept clarification, and differentiated instruction rather than administrative work. This finding reframes AI’s value proposition: “AI’s impact is not in saving time, but in expanding what teachers can do with it—making teaching transformation possible at scale.” — Binit Agarwalla, Founder, TeachBetter.ai TeachBetter.ai Version 4.0 Launch: Enabling Teachers to Create Online Quizzes in Seconds This research shows a clear shift: teachers are moving beyond using AI only for preparation and are beginning to embed it directly into everyday teaching. TeachBetter.ai Version 4.0 reflects this transition, prioritising application-driven instruction and real-time classroom use over simple task automation. The Live Quiz & Poll Generator exemplifies this shift—enabling teachers to create online quizzes and polls, instantly share links, capture responses, auto-grade, and deliver immediate feedback. What previously took hours can now be done in seconds. More broadly, TeachBetter.ai functions as quiet teaching infrastructure, reducing cognitive load while expanding classroom capability through: • 20+ AI tools spanning planning, instruction, assessment, creativity, and revision • 100+ interactive simulations across STEM subjects • 80+ language support, including Indian languages • Zero learning curve, with no prompt engineering or technical training required • A single, integrated platform, replacing fragmented tools and workflows Teachers Speak: What AI Adoption Really Looks Like on the Ground Across urban and rural schools in India and globally, teachers describe a consistent shift in how AI platforms like TeachBetter.ai are becoming part of everyday teaching: • From rote practice to conceptual mastery AI is valued for reducing preparation time while preserving academic rigor, allowing teachers to focus on deep understanding rather than memorisation. “AI helps me generate practice material faster, so I can focus on conceptual understanding.” — Dr. M. Gopalakrishnan, Senior Mathematics Teacher (30+ years) • Teacher-first design matters most in resource-constrained settings Guided AI workflows help schools maintain consistency and rigor even where time, resources, and technical capacity are limited. “Our teachers are creating deeper lessons and better assessments with confidence.” — Ajithra R, Teacher & School Administrator, Tamil Nadu • Curriculum alignment and time efficiency drive global adoption Teachers working across international curricula value AI that converts standards into classroom-ready lessons and assessments. “TeachBetter.ai is my go-to platform for daily teaching—faster and more precise.” — Surya Pratap, PGT Mathematics Teacher, Bahrain • AI succeeds when it becomes dependable classroom infrastructure Adoption accelerates when AI removes prompt complexity and reliably supports planning and assessment as part of daily teaching. “With TeachBetter.ai, Lesson planning and quizzes now take minutes, not hours.” — Kepha Otuke, Teacher, Kisii County, Kenya From Potential to Practice: The Path to Mass AI Adoption in Education The research makes one thing clear: while AI’s potential in education is evident, mass adoption remains the real challenge. Teachers continue to face barriers of cost, complexity, and poor alignment with classroom realities—keeping AI usage stuck at automation rather than true teaching transformation. The report frames AI adoption as a progression—from automation, to enhancement, and ultimately to transformation, where AI enables forms of teaching that were previously impractical or impossible. The greatest risk, therefore, is not AI replacing teachers, but educators treating AI only as an automation tool. This moment represents a critical inflection point. The next phase of AI adoption in education will be defined not by novelty, but by scale, simplicity, and sustainability, with teacher-first design and integrated infrastructure at its core. Realising this future will require collective effort across governments, institutions, and technology providers. TeachBetter.ai, founded by NIT and IIM alumnus Binit Agarwalla and Vipin Kumar, is contributing to this shift by building AI as quiet teaching infrastructure—comprehensive yet simple, affordable, and designed for mass adoption—helping classrooms move from rote memorization to deeper understanding and real-world application. The full research report details all ten teacher-led AI use cases and other insights around the future of AI in education. Download Full Report. Media Contact : Vipin Kumar • [email protected] www.teachbetter.ai • +91 9676352590 (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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