Monetary Policy & Markets: RBI kept the repo rate at 5.25% as inflation risks from higher fuel prices stay in focus, while growth projections were nudged up. Services Demand: India’s services PMI slipped to 53.3 in July, the weakest in 4.5 years, as new orders and demand momentum cooled despite resilient exports. EV Push: Government data says EV sales jumped 46-fold since 2016 to 2.3 million in 2025, with plans for 30% EV share by 2030 and 1.32 million charging stations. Aviation & Safety: Air India’s Phuket-Delhi turbulence incident is under DGCA probe after reports of a sudden 300-ft drop and injuries. Consumer Rights: Supreme Court gave states six weeks to respond on a plea for a “right to know” on product quality, purity and seller details. Digital Payments: Govt discussions on charging MDR on UPI are ongoing, but sources say small daily consumer payments may stay exempt. Infrastructure & Logistics: Vadodara’s Mumbai-Ahmedabad bullet train station hit a major construction milestone; Delhi’s MCD pushed faster processing at Okhla landfill. Energy & Trade: Shipping through Hormuz and Bab el-Mandeb stayed steady at lower levels amid security uncertainty; India condemned a Red Sea attack after an Indian-flagged vessel sank. Manufacturing Policy: A tax overhaul bill aims to woo global capital with longer exemptions for electronics contract manufacturing and offshore fund rule relaxations. Food Regulation: Maharashtra banned analogue paneer to protect consumers, with jail and fines for violations. AI for India: IIT Madras-backed AI4Bharat and Josh Talks AI launched Voice of India, an independent platform to evaluate AI systems across Indian languages and real-world conditions.