The Reserve Bank of India's (RBI) rate-setting panel on Wednesday decided to keep the key policy rate unchanged at 5.25% for the fourth straight meeting.

RBI MPC decided to keep the policy repo rate unchanged at 5.25% and maintain a ‘neutral’ stance.

Read more: https://www.livemint.com/economy/rbi-mpc-repo-rate-monetary-policy-interest-rates-neutral-stance-inflation-gdp-growth-fcnr-deposits-nri-deposits-11785849485243.html

RBI MPC meeting: The RBI Governor Sanjay Malhotra-led Monetary Policy Committee decided to keep the policy repo rate unchanged at 5.25% and maintain a ‘neutral’ stance in its August 2026 policy meeting.



Read more: https://www.livemint.com/market/stock-market-news/rbi-mpc-meeting-repo-rate-maintained-at-5-25-key-highlights-from-august-2026-policy-meeting-11785899937147.html

Udhayanidhi Stalin's alleged double meaning remark for Trisha, Azam Khan on Jaya Prada and more. Revisit times when politicians made remarks targetting women. Read more: https://livemint.com/news/india/from-udhayanidhi-stalin-to-azam-khan-politicians-who-sparked-outrage-with-derogatory-remarks-about-women/amp-11785908221723.html

#WATCH | Chhatrapati Sambhaji Nagar, Maharashtra | Cockroach Janta Party (CJP) Founder Abhijeet Dipke says, "For now, CJP will be a pressure group because what India needs right now is a pressure group."

On being asked if he will start a political party, Dipke says, "Our movement was successful because people rose above their own ideologies and political party lines to come together

The Parliamentary Standing Committee asked Meta CEO Mark Zuckerberg to issue an apology with 3 days over Facebook's removal of a video featuring Prime Minister Narendra Modi. The committee warned that failure to comply could result in the loss of legal immunity under Section 79 of the IT Act.

Read More: https://www.livemint.com/news/india/mark-zuckerberg-asked-to-apologise-over-pm-modis-reel-fiasco-parl-panel-warns-meta-of-losing-legal-protection-if-11785919167087.html

Rohit Sharma silenced retirement rumours by scoring 138 runs at Lord's, becoming the first Indian to achieve this milestone. Meanwhile, the future of chief selector Ajit Agarkar is uncertain.

https://www.livemint.com/news/trends/ajit-agarkar-may-lose-his-job-over-rohit-sharma-s-retirement-controversy-vvs-laxman-likely-to-take-over-report-11785921932752.html

#MintMarkets | Sensex gains 150 points, Nifty 50 ends flat above 24,600 after RBI MPC keeps interest rates unchanged.

https://www.livemint.com/market/stock-market-news/sensex-gains-150-points-nifty-50-ends-flat-above-24-600-after-rbi-mpc-keeps-interest-rates-unchanged-11785922265051.html

The RBI has kept the repo rate unchanged at 5.25% while raising its FY27 growth forecast and trimming its inflation estimate.

Here's why salaried employees shouldn't expect lower EMIs, cheaper loans or sharply lower FD rates just yet 👇
https://www.livemint.com/money/personal-finance/rbi-holds-repo-rate-at-5-25-5-assumptions-about-emis-fd-rates-and-inflation-salaried-employees-shouldnt-make-11785928055915.html

Visa's latest round of artificial intelligence-fuelled layoffs, affecting nearly 2,600 employees, has extended well beyond junior and mid-level employees. In July 29, several employees woke up to emails from the human resources team informing them that their jobs had been cut as the payments giant restructures its operations to focus on artificial intelligence.

Read More: https://www.livemint.com/companies/news/visa-layoffs-senior-executives-earning-up-to-4-36-crore-among-2-600-employees-affected-11785926046223.html

#Visa #Layoffs #AI #ArtificialIntelligence

The EPFO is expected to launch E-PRAAPTI by the end of August to help members recover money lying in old or inactive PF accounts.

How the new portal can help you trace old or inactive PF accounts 👇
https://www.livemint.com/money/personal-finance/epfo-may-launch-e-praapti-by-august-end-how-the-new-portal-can-help-you-trace-and-claim-old-or-inactive-pf-accounts-11785926165180.html

Maharashtra has enforced a one-year ban on the production, storage, and distribution of analogue or non-dairy paneer across the state. 🥘

Details here 👇
https://www.livemint.com/news/india/no-more-fake-paneer-maharashtra-bans-analogue-substitutes-for-a-year-violators-to-face-jail-term-and-fine-11785920137794.html

According to the survey, one in two Indians said they had watched multiple fake videos in the last 12 months, while seven in 10 believe creating deepfake videos should be a criminal offence.

https://www.livemint.com/news/india/deepfakes-worry-indians-1-in-2-surveyed-say-they-watched-multiple-fake-videos-7-in-10-want-them-criminalised-11785933915890.html

The Reserve Bank of India (RBI) is conducting a pilot to test polymer banknotes in Indian conditions, with the aim of rolling them out by 2027-28, governor Sanjay Malhotra said.

https://www.livemint.com/news/india/rbi-polymer-banknotes-india-rollout-fy28-pilot-security-features-11785932489302.html

US-Iran War Live Updates: Donald Trump’s Hormuz deal would give Iran control of inbound traffic in the Strait
https://www.livemint.com/news/us-news/usiran-war-us-iran-news-live-donald-trump-strait-of-hormuz-deal-strait-of-hormuz-traffic-iran-israel-august-6-11785974649279.html

Bangladesh condemned India's allowance of exiled leader Sheikh Hasina to engage with the media, calling it an affront to sovereignty. Dhaka reiterated its demands for Hasina's extradition while expressing outrage over her comments amid ongoing concerns about regional stability and democracy.

Read more: https://www.livemint.com/news/world/detrimental-to-bilateral-relations-bangladesh-slams-india-for-sheikh-hasinas-delhi-press-conference-11785976832175.html

#WATCH | Group Captain Shubhanshu Shukla, the Indian astronaut who travelled to the International Space Station as part of Axiom-4, has shared a mesmerising view of Earth from space, capturing the planet as night gently sweeps across its surface.

He captioned the video as:
''Sights from space never lose their ability to amaze......This was the view from the Dragon where I slept. The Dragon spacecraft visible in the video is docked to the station’s forward port, while I am recording from the Dragon on the zenith port. Together, we are hurtling around our planet at nearly 26,000 km/h, completing an orbit roughly every 90 minutes.....''

The Food Safety and Standards Authority of India (FSSAI) has initiated action against several popular liquor brands, including select variants of Old Monk and products sold by major manufacturers, citing concerns over labelling and manufacturing compliance. The regulator alleges that some products contained artificial or nature-identical flavouring and did not meet prescribed labelling standards, while inspections and notices have also been issued to additional manufacturers.

Watch: https://youtu.be/eb2JLXFNwz0?t=50

#FSSAI #OldMonk #McDowells #Liquor #Alcohol

‘Don't bow down to PM’: Arvind Kejriwal says Meta restricted his Facebook account; access now restored

Arvind Kejriwal also shared a screenshot of his account status page showing the message, “Unavailable in some locations”. However, now both his Facebook and Instagram accounts are showing up as usual in India, Livemint can confirm

Read More: https://www.livemint.com/news/india/dont-bow-down-to-pm-arvind-kejriwal-says-meta-restricted-his-facebook-account-access-now-restored-11785995538236.html

The Bombay High Court on Thursday set aside the acquittal of former Tehelka editor Tarun Tejpal by a Goa sessions court in a 2013 sexual assault case. Justices Neela Gokhale and Amit Jamsandekar of the Bombay HC's Goa bench overturned the 2021 verdict in the case that pertains to the sexual assault of a colleague in 2013.

https://www.livemint.com/news/india/bombay-high-court-convicts-former-tehelka-editor-tarun-tejpal-in-2013-sexual-assault-case-11785999929985.html

Gorakhpur MP Ravi Kishan has been going viral on social media for the past few days. Memes featuring the actor-turned-politician are viral not just in India but abroad as well, with even the likes of European football giants Juventus and Borussia Dortmund joining the trend on Instagram.

Ravi Kishan, whose real name is Ravindra Kishan Shukla, is a two-term MP from Uttar Pradesh’s Gorakhpur, a seat that was held by Yogi Adityanath from 1998 till 2018.

Read more: https://livemint.com/politics/news/know-your-mp-gorakhpur-mp-ravi-kishans-net-worth-education-family-filmography-and-more-11785998007457.html

Choosing a nominee for accounts or policies is crucial, but they only act as custodians until legal heirs receive assets. Final ownership is governed by wills and succession laws, not solely by the nominee.

Here's what matters 👇
https://www.livemint.com/money/personal-finance/nominee-is-not-the-owner-of-mf-or-bank-accounts-after-the-holder-s-death-what-determines-who-gets-the-money-11786013031796.html