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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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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.
August 4, 2026
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Interim bilateral trade agreement negotiations continue as both sides work to finalise unresolved issues in the proposed arrangement.
Interim bilateral trade agreement negotiations between India and the United States are continuing. Both sides have undertaken substantial work, while certain issues remain to be finalised before completion of the proposed interim trade arrangement. A United States Trade Representative delegation visited India to advance discussions. The text records the status of negotiations and identifies no concluded agreement or operative customs measure.
August 4, 2026
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Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
Fuel-price volatility is to be mitigated through fiscal and administrative measures that protect consumers while maintaining fiscal sustainability. The approach includes monitoring revenue and expenditure, reprioritising spending, and using fiscal measures when economic conditions require. Reduced central excise duty on petrol and diesel moderated the impact of elevated international crude prices and partly offset under-recoveries of public-sector oil marketing companies. Longer-term measures include revenue mobilisation, import diversification, Strategic Petroleum Reserves, cleaner fuels and energy efficiency.

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July 31, 2026

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New Delhi, Jul 31 (PTI) Following are the top stories at 9 pm NATION DEL97 MEA-US-BILL (8.56 PM)

Closely monitoring: India on US bill seeking up to 100 % tariffs on purchasers of Russian oil New Delhi: Days after the US Senate cleared a new bill that would authorise President Donald Trump to impose tariffs of up to 100 per cent on India, China and other major buyers of Russian oil and gas, New Delhi on Friday said it was closely monitoring the situation.

DEL51 MEA-INDIA-POJK (4.52 pm)

India calls for global scrutiny over Pak's 'ruthless' crackdown in PoJK New Delhi: India on Friday called upon the international community to scrutinise Islamabad's "ruthless" use of force against peaceful protesters in Pakistan-Occupied-Jammu and Kashmir (PoJK) and hold it accountable for the "atrocities".

DEL92 PM-INDIA-LD UK (8.12 PM)

PM Modi, UK PM Burnham commit to harnessing full potential of mega trade deal New Delhi: Prime Minister Narendra Modi and his British counterpart Andy Burnham vowed on Friday to take the India-UK comprehensive strategic partnership to "new heights" and maximise the benefits of the newly operationalised trade deal during a phone conversation covering key aspects of bilateral ties.

BOM32 MH-6THLD COLLAPSE (8.40 PM)

10 killed as 4-storey building, declared 'dangerous' in 2020, collapses in Bhiwandi town Thane: At least 10 people were killed and three others injured after a four-storey residential building, tagged as 'dangerous' in 2020 by the local civic body and currently undergoing repairs illegally, collapsed in Bhiwandi town of Maharashtra's Thane district, officials said on Friday.

DEL94 PM-CABINET (8.24 PM)

Modi hails Cabinet decisions on PM-Kisan extension, Khelo India expansion, key flagship schemes New Delhi: Prime Minister Narendra Modi on Friday hailed the Union Cabinet's decision to extend the PM-KISAN scheme for another five years till 2030-31 with an outlay of over Rs 3.15 lakh crore, saying it will help farmers meet their needs related to seeds, fertilisers, and farming while improving their economic condition.

DEL96 MEA-INDIANS-LD RUSSIA (8.27 PM)

2 dozen Indians still working with Russian Army, efforts on to secure their release: MEA New Delhi: India on Friday said around two dozen Indian nationals are still serving in the Russian Army and efforts are underway to secure their release.

DEL62 CAB-LD OIL EXPLORATION (5.27 PM)

Cabinet approves Rs 84,084-cr offshore exploration scheme; govt to fund up to Rs 650 cr per well New Delhi: The Union Cabinet on Friday approved the Rs 84,084-crore "Samudra Manthan" National Offshore Exploration Scheme to partly fund the high cost of finding oil and gas in deepwater areas, drilling exploratory wells and building common infrastructure to bring new discoveries into production.

DEL59 CAB-LD-PM KISAN (5.11 PM)

Cabinet approves extension of PM-KISAN scheme till FY'31 with outlay of Rs 3.15 lakh crore New Delhi: The government on Friday extended the PM-KISAN scheme for the next five years till 2030-31 with a total outlay of over Rs 3.15 lakh crore, a decision aimed at providing financial support to farmers.

DEL90 IMD-AUG-LD FORECAST (7.27 PM)

Average rainfall in India during second half of monsoon to be below-normal: IMD New Delhi: India as a whole is most likely to witness below-normal rainfall during the second half of the southwest monsoon from August to September, the India Meteorological Department (IMD) said in its monthly forecast issued on Friday.

PAR9 LS-LD BIRTH BILLS (1.43 pm)

Births and Deaths (Amendment) Bill, 2026, passed in LS amid protests over police crackdown New Delhi: The Lok Sabha on Friday passed the Registration of Births and Deaths (Amendment) Bill, 2026, amid Opposition protests over the police crackdown on students during the July 20 Parliament march, with the legislation being cleared without a debate.

PAR11 CONG-LS-PRIVILEGE (2.58 pm)

'Misled House': KC Venugopal submits privilege motion notice against Union minister Jitendra Singh New Delhi: Congress MP K C Venugopal on Friday submitted a notice to move a privilege motion against Union Minister Jitendra Singh over his statement that "no firing took place" during the recent student protests.

CAL31 WB-CM-2ND LD REVENUE LEAKAGE (6.38 PM)

Suvendu alleges Rs 15,000 crore revenue leak in Birbhum under TMC rule, accuses Mamata of complicity Kolkata: West Bengal Chief Minister Suvendu Adhikari on Friday alleged an approximate Rs 15,000 crore revenue leak in Birbhum district alone over the past 15 years, and said it would not have been possible without the support of the previous Mamata Banerjee dispensation.

MDS37 LD CAUVERY (8.16 PM)

Cauvery row rages on; CM-level talks in limbo as Shivakumar asks Vijay to defer B'luru visit Bengaluru/Chennai: The Cauvery water sharing row involving neighbours Karnataka and Tamil Nadu deepened on Friday, with Chief Minister DK Shivakumar asking his TN counterpart to defer his Bengaluru visit for talks amid mounting opposition pressure and a bandh call given by pro-Kannada outfits who vented their anger by targeting C Joseph Vijay's latest flick Jananaygan in Karnataka theatres.

LEGAL LGD43 DL-COURT-RIOTS-2NDLD TAHIR (7.48 PM)

IB officer murder: Delhi court sentences ex-AAP councillor Tahir Hussain, 4 others to life imprisonment New Delhi: A Delhi court on Friday sentenced former AAP councillor Tahir Hussain and four co-convicts to life imprisonment for the murder of Intelligence Bureau officer Ankit Sharma during the 2020 Delhi riots, saying the case did not fall within the "rarest of rare" category warranting death penalty.

LGD32 SC-INDIANS-LD RUSSIA (5.35 PM)

SC directs Centre to appoint nodal officer, assist families of those killed or missing in Russia-Ukraine war New Delhi: The Supreme Court on Friday directed the Centre to appoint a nodal officer in the external affairs ministry to coordinate with the families of those who have died, gone missing, or suffered injuries while fighting in the Russia-Ukraine war.

BUSINESS DEL80 BIZ-META-MEITY-LD-POST (6.56 PM)

Meta global team to be questioned on issues of algorithmic bias, public order role: Govt sources New Delhi: The government will question Meta's global team - summoned after the social media company briefly restricted Prime Minister Narendra Modi's Facebook post - on issues relating to algorithmic bias, the platform's algorithmic processes and their role in public order, sources said on Friday.

DEL85 BIZ-RBI-BANK CREDIT (7 PM)

Bank credit to industry records robust growth of 19.2 pc in June: RBI data Mumbai: Bank credit to industry recorded a robust growth of 19.2 per cent in June compared to 6.3 per cent in the year-ago period as large companies as well as MSMEs displayed broad-based expansion, according to RBI data released on Friday.

FOREIGN FGN53 NEPAL-2NDLD CURFEW (6.10 PM)

Nepal authorities extend curfew to Saptari district bordering India as communal unrest spreads Kathmandu: Nepalese authorities on Friday imposed an indefinite curfew in parts of Saptari district in Madhesh province bordering India after protests broke out over the recent communal violence in neighbouring Sunsari.

FGN65 PAK-LDALL MOUNTAINEERS (8.53 PM)

British-Nepali climber Purja among 6 missing on Pak peak after avalanche, 4 bodies recovered Islamabad/Kathmandu: Nepal's veteran mountaineer Nirmal Purja was among six climbers missing after an avalanche struck an expedition on Pakistan's Broad Peak, where rescuers recovered four bodies and continued search operations despite adverse weather on Friday.

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