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Indian July consumer inflation likely edged higher on food prices: Reuters poll

Indian July consumer inflation likely edged higher on food prices: Reuters poll

By Pranoy Krishna BENGALURU, Aug 7 (Reuters) - Indian consumer inflation likely rose in July, notching a second consecutive month above the RBI's 4% medium-term target, as food prices edged higher, a Reuters poll showed.
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India's Supreme Court Addresses 'Digital Arrest' Scams Amid Declining Complaints

India's Supreme Court Addresses 'Digital Arrest' Scams Amid Declining Complaints

The Supreme Court of India has issued an order addressing the 'digital arrest' scams, which have seen a decline in complaints according to the Indian Cybercrime Coordination Centre. The Court noted the decrease in complaints from 123,672 in 2024 to 58,249 in 2025, and 16,377 in the first half of 2026. Despite this, the Court emphasized the need for continued vigilance and directed the Reserve Bank of India to implement procedures for temporary debit holds on mule accounts. The Court also called for the establishment of cybercrime coordination centers and the operationalization of e-Zero FIRs. The scams, often run from overseas 'scam compounds' in Myanmar and Cambodia, have targeted senior citizens and professionals, exploiting their fear of legal trouble.
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Foreign Investors Seek Tax Relief from Indian Regulators Amid Market Concerns

Foreign Investors Seek Tax Relief from Indian Regulators Amid Market Concerns

Foreign Investors Seek Tax Relief from Indian Regulators Amid Market Concerns
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India Strengthens Customs Administration with Technology-Driven Reforms

India Strengthens Customs Administration with Technology-Driven Reforms

Union Minister of State for Finance Pankaj Chaudhary announced that India is enhancing its customs administration to be more technology-driven, transparent, and trade-friendly. The government has introduced reforms to simplify norms for international travelers and streamline e-commerce and courier clearances. Digital initiatives such as SWIFT 2.0 and ATITHI 2.0 have been launched to improve cargo registration, clearance processes, and risk management. These reforms aim to strengthen border security while making India a competitive global trade hub.
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India Recognizes New Development Bank as Specified Financial Institution Under Companies Act

India Recognizes New Development Bank as Specified Financial Institution Under Companies Act

The Ministry of Corporate Affairs in India has officially recognized the New Development Bank (NDB) as a specified financial institution under the Companies Act, 2013. This recognition, effective from June 16, 2026, aligns India's regulatory framework with the BRICS multilateral lending institution. The NDB, established by the BRICS nations—Brazil, Russia, India, China, and South Africa—aims to support sustainable investment and adhere to corporate governance standards. The notification emphasizes the bank's role in risk management, policy strategy, and compliance with governance standards.
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Indian central bank holds rates as expected, taking comfort in still-modest inflation

Indian central bank holds rates as expected, taking comfort in still-modest inflation

MUMBAI, August 5 (Reuters) - The Reserve Bank of India kept its policy repo rate unchanged at 5.25% on Wednesday, as it awaits data to judge if higher oil prices are stoking inflationary pressures across Asia's third largest economy.
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India's central bank holds rates, awaits clearer inflation signal before acting

India's central bank holds rates, awaits clearer inflation signal before acting

By Jaspreet Kalra and Abinaya V MUMBAI, Aug 5 (Reuters) - The Reserve Bank of India kept its policy repo rate unchanged at 5.25% on Wednesday, as it awaits data to judge if higher oil prices are stoking inflationary pressures across Asia's third largest economy.
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Finance Minister Proposes Amendments to Nepal Rastra Bank Act for Enhanced Accountability

Finance Minister Proposes Amendments to Nepal Rastra Bank Act for Enhanced Accountability

Finance Minister Dr. Swarnim Wagle has proposed amendments to the Nepal Rastra Bank Act to enhance the central bank's accountability and effectiveness. During a meeting with the Finance Committee under the House of Representatives, Dr. Wagle emphasized the need for coordination between fiscal and monetary policies in Nepal's economy. He suggested changes to the central bank's board structure, advocating for a reduction in the number of deputy governors and clearer qualifications for board members. Dr. Wagle highlighted the challenges posed by Nepal's fixed exchange rate with the Indian currency, which limits the central bank's ability to implement an independent monetary policy. He also discussed the concept of the 'Impossible Trinity' in monetary economics, explaining Nepal's approach to maintaining a stable exchange rate while regulating capital flows.
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Oil prices and world shares gain after Wall Street hits fresh records on strong corporate earnings

Oil prices and world shares gain after Wall Street hits fresh records on strong corporate earnings

Shares are higher in Europe and Asia after stocks on Wall Street rallied to records
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India to Ease Offshore Fund Disclosure Rules Amid Investor Concerns

India to Ease Offshore Fund Disclosure Rules Amid Investor Concerns

India to Ease Offshore Fund Disclosure Rules Amid Investor Concerns
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Saregama India and Three Other Stocks Show Bullish Trend with VWAP Surpassing

Saregama India and Three Other Stocks Show Bullish Trend with VWAP Surpassing

Saregama India and Three Other Stocks Show Bullish Trend with VWAP Surpassing
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InRisk Labs Secures $27 Million in Series A Funding Led by Bessemer and Northpoint

InRisk Labs Secures $27 Million in Series A Funding Led by Bessemer and Northpoint

InRisk Labs Secures $27 Million in Series A Funding Led by Bessemer and Northpoint