BhikhuMhatre @MumbaichaDon (Being Informed)

The RBI rejected estimates that its record foreign-currency deposit drive will prove costly, saying the inflows will instead generate additional income as it deploys the dollars overseas, Governor Sanjay Malhotra said. The comments come as the RBI deals with the fallout from record foreign-exchange inflows. The resulting surge in rupee liquidity risks pushing down borrowing costs and complicating efforts to keep monetary conditions aligned with its policy stance.

RBI Governor Sanjay Malhotra announced the launch of new products on the UPI. This includes an ability to tap-to-pay using UPI at PoS terminals and a customer support solution that works on a small language model called Finance Model for India (FiMI).

BHARAT'S FOREX RESERVES SURGE TO RECORD $785.7 BILLION India’s foreign exchange reserves jumped by a record $44.90 billion to reach an all-time high of $785.71 billion. The historic surge was driven by massive capital inflows from the Reserve Bank of India’s targeted liquidity measures, including a specialized deposit scheme for Non-Resident Indians.

'We're happy to see Egypt growing stronger under your leadership because it is our reliable friend' — Putin to Sisi Putin highlights Egypt's participation in the upcoming Russia-Africa summit in Moscow this October

Pakistan is trying to avoid being drawn into the Saudi–Houthi conflict despite its defense commitments to Riyadh, while also seeking to preserve its relations with Iran. "Pakistan is trying to keep a low profile in the Saudi-Houthi conflict because Pakistan's own stakes are high. It does not want to spoil relations with Iran," a Pakistani official said. Islamabad has conveyed Saudi warnings to Tehran to restrain the Houthis while simultaneously pushing for a diplomatic solution. Pakistan says no military response is currently under discussion. For now, Pakistani sources say any involvement would be limited to defending Saudi territory, rather than sending troops into Yemen or participating in retaliatory strikes. — Reuters

Two Years Without 5G, Villagers Tie Jio Employee to Tower Villagers in Hardauli, Fatehpur tied a Jio network employee to a mobile tower after delays in restoring 5G connectivity. Residents cited disrupted online classes and digital payments, claiming repeated complaints had yielded no solution.

Sattu and makhana have been included in the welcome kit for delegates and journalists to highlight India’s diverse food traditions.

Critical minerals featured prominently during PM Modi, Prez Putin talks, officials say; both sides treating exploration, processing and recycling as a supply-chain and national-security issue.

labour-mobility track is on the table during PM Modi, Prez Putin talks. Sources say India wants more skilled workers placed in Russia’s construction, engineering and IT sectors under the framework signed last year.

India and Russia leaders will discussing rail and tunnelling collaboration as part of a broader industrial push, officials familiar with the talks say; link it to logistics and manufacturing partnerships.

PM Modi & President Vladimir Putin reviewed the USD 100 billion bilateral trade target for 2030, officials say ahead of the bilat; India to press for more balanced two-way commerce after India’s large deficit on Russian energy imports.

President Putin invited Prime Minister to visit Russia for the 24th India-Russia Annual Summit. Prime Minister accepted the invitation: India statement

The main accused of stolen of multiple weapon & ammunition is former Havildar of the Madras Regiment has been arrested in Secunderabad for allegedly stealing weapons from the Indian Army’s Madras Regiment unit.

EUROPEAN COMMISSION SEEKS EU APPROVAL FOR LANDMARK INDIA TRADE DEAL The European Commission has formally submitted the bilateral Free Trade Agreement to the Council of the EU for authorization to sign. Once approved by member governments and parliament, the historic pact will form the largest trade agreement for both economies, slashing tariffs on 96% of EU exports and unlocking deeper market access.