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August 3, 2026
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Foreign exchange market movement strengthened the rupee as lower crude prices, investment inflows and improved risk sentiment provided support.
Foreign exchange market movement saw the rupee strengthen for a sixth consecutive trading session against the US dollar, supported by declining global crude oil prices, a softer dollar, foreign institutional investment inflows and gains in domestic equity markets. Improved global risk sentiment followed the decision to defer planned US military strikes against Iran and allow diplomatic engagement. Renewed geopolitical tensions were identified as a factor that could limit further appreciation.
August 3, 2026
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Quarterly financial performance reflects revenue growth, improved standalone profitability, and continued investment in AI-led digital technology platforms.
Quarterly financial performance reported revenue growth in standalone and consolidated operations, higher standalone profit before tax, and a return to consolidated profitability. The company continues to invest in an AI-led, intellectual-property-driven digital technology strategy through enterprise software, SaaS platforms, digital commerce, cloud, data and AI solutions. Its priorities include scalable platforms, proprietary technology assets, recurring-revenue offerings, partnerships and selective acquisitions. Complete financial results, notes to accounts and regulatory disclosures are available through exchange filings and the company website.
August 3, 2026
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MSME delayed-payment reforms strengthen award recovery, faster dispute adjudication, invoice discounting, and interim supplier payment protection.
MSME delayed-payment reforms seek faster adjudication, strengthened recovery and improved liquidity for enterprise suppliers. Courts may direct payment of at least half of an awarded amount where a setting-aside application remains pending beyond six months. Mediated settlements and arbitral awards may be recovered as arrears of land revenue and recognised as legally enforceable debts under the insolvency framework. The measures also provide graded penalties, voluntary digital registration, invoice settlement through the Trade Receivables Discounting System, and additional Facilitation Councils.
August 3, 2026
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Monetary policy rate setting remains cautious as inflation, liquidity, growth and global uncertainty shape the policy stance.
Monetary policy rate setting is expected to remain cautious amid global uncertainty, rising inflation risks and steady domestic growth. The inflation outlook is affected by energy-price pass-through, higher input costs, and seasonal and monsoon-related food-price pressures. Policy decisions are expected to remain data-dependent, guided primarily by domestic inflation, liquidity conditions and economic growth. A cautious or neutral stance is identified as preferable while external risks and inflation developments persist.
August 3, 2026
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Forward-looking financial disclosure raises revenue and earnings guidance while describing non-GAAP measures, capital allocation, and material business risks.
Financial performance reporting identifies increased bookings, revenue growth, continuing earnings, and backlog, with segment-level operating and margin measures. The release addresses cash flow, capital allocation through dividends, acquisitions and share repurchases, and increased full-year revenue and earnings guidance. Forward-looking statements concerning financial performance, operations, demand, liquidity and capital deployment are subject to identified risks and uncertainties. Non-GAAP measures are presented as supplemental to GAAP measures, with definitions and reconciliations stated to be available in accompanying materials.
August 3, 2026
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Counterfeit drug enforcement targets illicit manufacture, storage and trafficking networks, with coordinated seizures and referral of non-narcotic stock.
Counterfeit-drug enforcement under Operation Vajra addressed an inter-state network involved in the illicit manufacture, storage and distribution of narcotic drugs, psychotropic substances and spurious pharmaceutical products. Searches of unregistered godowns recovered narcotic products, unauthorisedly manufactured Buprenorphine injection ampoules, and counterfeit non-NDPS medicines. A farmhouse-based illicit manufacturing facility was dismantled, with machinery, chemicals and related materials seized under the NDPS Act, 1985.
August 3, 2026
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Anti-smuggling enforcement targets concealed gold, narcotics, protected products, prohibited e-cigarettes and restricted imports through coordinated intelligence operations.
Intelligence-led anti-smuggling operations resulted in seizures of foreign-origin gold, narcotic drugs, hydroponic weed, protected wildlife and forest products, prohibited electronic cigarettes, and restricted poppy seeds and areca nuts. The operations identified concealment through fabricated baggage cavities, false cargo declarations, misdeclaration of origin, forged documentation, and concealment in transport vehicles. Poppy seeds are restricted under the Foreign Trade Policy and may be imported only subject to conditions concerning legally cultivated produce from designated countries and registration of import contracts with the Narcotics Commissioner.
August 3, 2026
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Tax devolution advance instalment strengthens State finances for accelerated capital and developmental expenditure through distribution of Union tax proceeds.
Tax devolution was released to State Governments as an additional advance instalment alongside the normal monthly devolution schedule. The fiscal transfer shares net proceeds of Union taxes and duties with States, with the stated purpose of strengthening State finances and supporting accelerated capital and developmental expenditure. The release includes a State-wise distribution of tax-devolution proceeds.
August 3, 2026
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Financial performance reporting highlights revenue and EBITDA growth, garmenting recovery, retail optimisation, ESG commitments, and forward-looking risk disclosures.
Financial performance reflects growth in total income and EBITDA, with improved margin, reduced net working-capital days, and a net-cash position. Branded textiles and high-value cotton shirting reported lower revenue due to the prior-year base effect, while branded apparel grew but faced lower margin from channel mix. Garmenting improved through order-book execution, tariff rationalisation, and new global clients. ESG priorities include female representation, waste-management initiatives, renewable energy, emissions reduction, and workplace safety. Forward-looking statements remain subject to regulatory, political, economic, and technological risks.
August 3, 2026
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Foreign exchange market support strengthens the rupee as lower crude prices, portfolio inflows and reserve growth improve sentiment.
Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar, attributed to lower global crude oil prices, a weaker dollar, sustained foreign portfolio inflows, higher foreign exchange reserves, and Reserve Bank of India presence in the foreign exchange market. Domestic equity market gains and net foreign institutional equity purchases were also identified as supporting factors.
August 2, 2026
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Gold smuggling detection targets sophisticated concealment methods through strengthened passenger profiling, intelligence gathering and coordinated investigations into organised networks.
Gold smuggling detection at Kerala airports led to multiple seizures, registration of cases and arrests in alleged smuggling attempts. Organised networks reportedly use gold in paste or compound forms concealed in clothing, body cavities, aircraft seats and other unconventional locations. Enforcement measures include strengthened passenger profiling, intelligence gathering and inter-agency coordination, while investigations continue to identify associated syndicates and financiers.
August 2, 2026
Show AI Summary
Offshore exploration funding supports deepwater drilling, shared infrastructure and seismic data to strengthen domestic hydrocarbon production potential.
The Samudra Manthan National Offshore Exploration Scheme provides direct budgetary support for high-risk deepwater and ultra-deepwater exploratory drilling, subject to cost-sharing and per-well limits. Support is available to eligible operators holding or securing exploration acreage. The scheme also funds offshore data acquisition and shared subsea, receipt and processing infrastructure through a Common Hub Infrastructure model. It is intended to promote risk exploration, improve commercialisation of offshore discoveries and strengthen domestic hydrocarbon production potential within the existing exploration and licensing framework.
August 1, 2026
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GST compliance enforcement combines taxpayer refunds, analytics-based fraud detection, cancellation of fake registrations, and recovery of outstanding VAT arrears.
Punjab attributed increased GST collections to voluntary compliance, intelligence-based enforcement and technology-driven tax administration, while facilitating compliant taxpayers through timely GST refunds. Data analytics, risk profiling and field verification were used to identify tax evasion, bogus billing, fake input tax credit networks and misuse of the GST registration framework. Measures included penalties, cancellation of fraudulent registrations and recovery of long-pending VAT arrears through attachment and auction of defaulters' properties.
August 1, 2026
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Cross-border barter trade resumes through Shipki La, subject to permitted goods, time limits, and import-export compliance requirements.
Cross-border barter trade through Shipki La between India and Tibet resumed after a six-year interruption. Traders may exchange specified goods under a barter arrangement and must return within 72 hours. Traders are required to comply strictly with import-export regulations prescribed by the Union Ministry of Commerce, emphasising transparency and regulatory compliance. Expansion of permitted goods may be pursued through prescribed governmental and external-affairs channels.
August 1, 2026
Show AI Summary
Export growth projections outline pathways for Odisha to expand merchandise trade through export diversification, MSME support and financing initiatives.
Export growth projections for Odisha set out base, optimistic and ambitious scenarios through FY 2029-30, based respectively on historical growth, envisaged national export growth, and a larger share of national exports. Odisha's export basket remains concentrated in metals and minerals, led by aluminium products, with China as the principal export destination. Odisha Vision 2047 identifies exports, including MSME contributions, as an economic transformation driver, while export-financing and risk-mitigation initiatives aim to address financing gaps for exporters and MSMEs.
August 1, 2026
Show AI Summary
GST compliance enforcement through AI analytics supported sustained net GST collection growth despite rate rationalisation reforms and reduced compliance costs.
GST revenue mobilisation in Andhra Pradesh showed year-on-year growth in net GST and total commercial tax collections through July 2026, despite rate-rationalisation reforms. Revenue growth was attributed to AI-based scrutiny and analytics, machine-learning risk scoring, AI-driven IGST reversals, UPI-based enforcement analytics, data sharing, predictive analytics, registration verification, and Aadhaar-integrated expansion of the professional-tax base. These measures were stated to strengthen compliance, curb wrongful input tax credit claims, broaden taxpayer coverage, and improve revenue mobilisation.
August 1, 2026
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Economic-offences fraud chargesheets address alleged fictitious loans, forged insurance surrender papers, and diversion of bank and policy funds.
Economic-offences chargesheets were filed in separate alleged bank and insurance fraud matters. The bank investigation alleged fictitious loan sanctions and overdrafts beyond delegated authority, involving cheating, forgery, use of forged documents and criminal conspiracy. The insurance investigation alleged that duplicate policy records and forged surrender documents were used to open a fraudulent account in a policyholder's name and divert policy proceeds. Records, witness statements, documentary evidence and forensic examination were cited in support of the allegations.
August 1, 2026
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PM Vishwakarma Scheme implementation expands artisan enrolment, skills, credit, e-commerce access and export facilitation while addressing documentation barriers.
PM Vishwakarma Scheme implementation in Delhi facilitated artisan enrolment, application processing, skill training, toolkit distribution, loan access, e-commerce onboarding and export-related support. Awareness workshops and tele-calling campaigns were used to promote participation and follow up on benefits. Key implementation challenges concerned outreach to informal clusters, digital literacy, delays in Aadhaar and IEC documentation, and additional support for Divyang artisans. Planned action includes expanding workshops, scaling e-commerce onboarding, strengthening export facilitation and coordination with implementing agencies.
August 1, 2026
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Goods and Services Tax collections rise on domestic consumption and imports, while elevated import revenue prompts assessment of underlying drivers.
Goods and Services Tax collections for July increased over the corresponding prior-year period, supported by domestic sales and imports. Gross receipts included Central GST, State GST and Integrated GST, with net GST revenue calculated after adjusting refunds. For the April-July period, gross and net collections also increased. Commentary linked domestic GST growth to consumption, formalisation and industrial activity, while identifying elevated import GST collections as an area requiring assessment of import composition, currency effects and volumes.
August 1, 2026
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GST revenue collections show provisional gross, refund and net revenue trends, with State-wise settlement and domestic collection data.
GST revenue collections for July 2026 are reported provisionally through gross domestic and import revenue, domestic and export-related refunds, and net GST revenue after refunds. The data also sets out SGST collections and the SGST share of IGST settled to States and Union Territories, both monthly and cumulatively. State-wise domestic GST growth excludes GST on imported goods, while jurisdiction-wise data allocates collections between central and State formations and identifies CGST, SGST and IGST components.

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HIGHLIGHTS

August 27, 2026

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New Delhi, Aug 27 (PTI) Following are the top stories at 9.12 pm: TOP STORIES FGN55 NEPAL-FLOODS-LD TOLL (6.17 PM)

Death toll in Nepal flash floods rises to 359: Police Kathmandu: The death toll from Nepal's devastating flash floods surged to 359 on Thursday, after rescuers recovered more bodies from the affected districts, police said. By Shirish B Pradhan

DEL91 NEPAL-FLOODS-3RDLD INDIA (8.59 PM)

Flash floods along Nepal-Tibet border leave 290 Indians missing, 200 stranded New Delhi: At least 290 Indians remain missing and around 200 others are stranded on the Chinese side following devastating flash floods along the Nepal-Tibet border, with New Delhi in constant contact with authorities in both nations to coordinate their rescue, the Ministry of External Affairs (MEA) said on Thursday.

FGN56 NEPAL-FLOODS-ALERT (6.34 PM)

Fresh flood risk persists downstream of Nepal’s Bhote Koshi as new lake forms Kathmandu: A fresh flood risk persists in downstream areas of the Bhote Koshi River in Nepal's Rasuwa district after a new barrier lake formed near the river's source, with Chinese authorities warning that the lake could breach, officials said on Thursday. By Shirish B Pradhan

DEL71 DL-RACE CLUB-DEMOLITION (7.03 PM)

Bulldozers bring down age-old structures as Centre takes possession of Delhi Race Club New Delhi: Demolition work at the Delhi Race Club commenced in the morning hours on Thursday, shortly after the Centre took possession of the club’s 53-acre premises, marking a dramatic end to horse racing activities at the century-old institution.

NATION DEL63 KHARGE-PM-LD DELIMITATION (6.30 PM)

Share delimitation plans, freeze current LS strength for next 25 years: Kharge to PM New Delhi: Congress president Mallikarjun Kharge on Thursday urged Prime Minister Narendra Modi to share with all political parties the government's proposals for delimitation and called for a 25-year freeze on the Lok Sabha's existing strength of 543, as well as the introduction of one-third reservation for women from the 2029 elections.

BOM23 GJ-NEPAL FLOODS-MISSING (6.21 PM)

11 from Gujarat missing in flood-hit Nepal Ahmedabad: Eleven persons from Gujarat remain missing in flood-hit Nepal, with authorities establishing contact with one woman who was earlier reported untraceable but was found to be safe later, officials said on Wednesday.

CAL38 WB-NEPAL-SUVENDU (7.18 PM)

32 from Bengal missing in Nepal flash flood; contact established with one: Suvendu Kolkata: West Bengal Chief Minister Suvendu Adhikari on Thursday said that 32 people from the state have gone missing in the devastating flash floods in Nepal, and contact has been established with one.

DEL74 DL-DTC-INDO-NEPAL (7.17 PM)

Indo-Nepal bus service on Aug 28, 29 held up due to flash floods: DTC New Delhi: The Delhi government has temporarily put on hold the "Indo-Nepal Maitri Bus Sewa" for the next two days as a preventive measure due to massive flash floods, an official order said on Thursday.

DEL90 PB-EMPLOYEES-2NDLD STRIKE (8.40 PM)

Punjab govt employees strike; public services disrupted, OPD services hit Chandigarh/Ferozepur: Work was affected in various government departments and OPD services remained suspended in public hospitals in Punjab on Thursday as over three lakh government employees went on a statewide strike pressing for their demands that included release of pending dearness allowance.

DEL89 UP-AIRCRAFT-3RDLD CRASH (8.36 PM)

Trainee pilot, instructor killed as training aircraft crashes in Kanpur; DGCA to probe cause Kanpur: A trainee pilot and an instructor were killed on Thursday when a twin-engine training aircraft crashed near the Ganga in Kanpur, with a three-member DGCA team set to probe whether a technical or human error caused the accident, officials said.

CAL46 BH-STUDENT PROTEST-CM (8.29 PM)

Upcoming teachers' recruitment exam to be held in single phase: Bihar CM Patna: The teachers' recruitment exams to be conducted by the Bihar Public Service Commission next month will be held in a single phase, Chief Minister Samrat Choudhary said on Thursday, acceding to a major demand of protesting job aspirants.

MDS30 TN-ASSEMBLY-CM-LD CHAIR (6.17 PM)

In a first, TN CM Vijay sits along with ministers in Assembly Chennai: Tamil Nadu Chief Minister C Joseph Vijay on Thursday made heads turn in the state Assembly when he casually moved from his chair in the House and sat besides ministers in the front row, marking a major departure from a long-standing tradition vis-a-vis seating.

CAL39 WB-ABHISHEK-COPS-2NDLD BILLBOARDS (7.26 PM)

Chaos at Abhishek Banerjee's Kolkata office as civic body removes 'unauthorised' TMC billbord Kolkata: TMC leader Abhishek Banerjee's private guards, supporters and some party leaders on Thursday scuffled with police and Kolkata Municipal Corporation officials, trying to prevent them from entering the Lok Sabha MP's office on Camac Street and dismantling an "unauthorised" billboard.

CAL43 MN-LDALL AMBUSH (8.24 PM)

Four killed, one injured as militants ambush vehicle in Manipur; CM orders arrest of culprits Imphal: At least four members of the Naga community were killed and one was injured when armed militants ambushed their vehicle in a forested region of Kangpokpi district of Manipur, officials said.

BUSINESS DEL73 BIZ-SUGAR-PRICES (7.16 PM)

Sugar prices ease marginally to Rs 64.33 per kg on Thursday New Delhi: Sugar prices eased marginally on Thursday to Rs 64.33 per kg in the retail market following the government's measures to allow imports, imposition of stockholding curbs and crackdown on hoarders.

DEL49 BIZ-ONION-GOVT (5.22 PM)

Centre starts selling onion at a discounted price of Rs 35 per kg in national capital New Delhi: The Centre on Thursday started retail sale of onion at Rs 35 per kg in the national capital, a 44 per cent discount from the current market price, as part of its efforts to provide relief to common people and control rates.

FGN48 BIZ-GOYAL-RICE-JAPAN (5.36 PM)

Will talk to Japan on increasing basmati rice exports from India: Goyal Osaka: Commerce and Industry Minister Piyush Goyal on Thursday said India will take up the issue of greater market access for basmati rice with Japan during a review of the trade agreement, and explore opportunities for exports of processed food products. By Rajesh Rai

FOREIGN FGN60 UN-NEPAL-CHINA-FLOODS (7.12 PM)

UN chief voices deep sadness over flooding in Nepal, China; $2 mn allocated for relief United Nations: UN Secretary General Antonio Guterres has voiced deep sadness over the severe flooding in Nepal and China that has claimed many lives and caused widespread destruction, as the world body allocated an initial tranche of USD 2 million for relief operations. By Yoshita Singh

FGN58 NEPAL-FLOODS-LAMICHHANE (6.55 PM)

Nepal all-party meet calls for coordinated rescue, relief operations in flood-hit areas Kathmandu: Nepal's ruling Rastriya Swatantra Party president Ravi Lamichhane on Thursday convened an all-party meeting in Kathmandu to discuss coordinated search-and-rescue operations and relief efforts following devastating floods. By Shirish B Pradhan

FGN50 UK-NEPAL-FLOODS (5.38 PM)

UK offers funds, emergency responders to Nepal after flash floods London: The UK on Thursday offered 5 million pounds and emergency responders to Nepal after flash floods in the country claimed hundreds of lives and left over a thousand missing, including around 33 British nationals. By Aditi Khanna

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