RBI to announce MPC decision today; rates likely to remain unchanged

IANS | August 5, 2026 9:25 AM

Mumbai, Aug 5 (IANS) Reserve Bank of India (RBI) Governor Sanjay Malhotra is set to announce the outcome of the Monetary Policy Committee's (MPC) three-day meeting on Wednesday, with economists and market participants widely expecting the central bank to keep the benchmark repo rate unchanged at 5.25 per cent.

TVK govt's maiden budget today; new schemes, reforms in focus

IANS | August 5, 2026 8:25 AM

Chennai, Aug 5 (IANS) The TVK-led Tamil Nadu government will present its maiden Budget for 2026-27 in the Assembly on Wednesday, setting out its fiscal priorities and development agenda at a time when the state is grappling with significant financial constraints.

DGCA launches probe after Air India Phuket-Delhi flight suffers mid-air altitude variation

IANS | August 4, 2026 8:23 PM

New Delhi, Aug 4 (IANS) The Directorate General of Civil Aviation (DGCA) has launched a detailed investigation after an Air India flight from Phuket to Delhi experienced a momentary altitude variation during its journey on Tuesday, prompting medical evaluation of several passengers and crew after the aircraft landed safely in the national capital.

Govt likely to question Meta Executives on CSAM, WhatsApp usernames

IANS | August 4, 2026 6:15 PM

New Delhi, Aug 4 (IANS) The Centre is expected to meet senior executives from Meta on August 5 to seek explanations on a range of concerns, including the handling of child sexual abuse material (CSAM), risks associated with WhatsApp usernames, and the treatment of verified and prominent accounts across its platforms, it was announced on Tuesday.

Bangladesh sees 37 pc drop in foreign loan commitments in FY26

IANS | August 4, 2026 6:09 PM

New Delhi, Aug 4 (IANS) Bangladesh recorded a 37 per cent fall in foreign loan commitments in FY26, eroding one of the country’s traditional buffers against external shocks and raising questions about future development financing, a new report has said.

NSE-BSE price gaps spark social media debate over new closing mechanism

IANS | August 4, 2026 5:17 PM

Mumbai, Aug 4 (IANS) The sharp divergence in benchmark and stock closing prices following the implementation of the Closing Auction Session (CAS) has triggered fresh debate among market participants, with investors taking to social media to question the reliability of end-of-day price discovery.

Tax amendment bill a positive step for data centre ecosystem: Nasscom

IANS | August 4, 2026 4:50 PM

New Delhi, Aug 4 (IANS) Industry on Tuesday hailed the Taxation and Other Laws (Amendment) Bill, 2026, which proposes to simplify the tax exemption framework introduced under the Finance Act, 2026 for foreign companies procuring services from specified data centres in India.