PM Narendra Modi appointed Infosys Co-founder Nandan Nilekani to lead the high-powered task force on exam reforms. He was chosen likely because of his experience with exam reforms, such as being on the Supreme Court's 2018-19 panel that investigated irregularities in SSC's CGL/CHSL 2017 exam. He also led the introduction of Aadhaar, signifying his experience with large-scale government projects.

Heavy Industries Ministry urged all ministries to serve 'Yule Tea', state-owned Andrew Yule and Company's homegrown tea brand, in a strong push for 'sarkari chai', News18 reported. The ministry urged its counterparts to serve the tea at meetings, canteens, conferences, functions and departmental events. The PSU already serves its tea to the Parliament but is still facing financial difficulties.

Indonesia's central bank governor Perry Warjiyo stepped down on Monday, two years before his term was due to end. Interim governor Destry Damayanti said he resigned for personal reasons. His sudden exit came after the rupiah hit record lows in June amid soaring energy costs and escalating regional conflict, fuelling speculation over the timing of his departure.

DMRC will build a new Aerocity-Tughlakabad Golden Metro line for an easier commute between Delhi airport and south and southeast Delhi. Grant Thornton Bharat's Partner Chetan Chichra said the metro won't create new housing demand in south Delhi but instead remove "connectivity discount". The metro may push property prices higher in areas like Chhatarpur, Neb Sarai, Saket and Ambedkar Nagar.

Indian stock markets opened higher on Monday after oil prices plunged 5% to around $92 a barrel, days after crossing $100 for the first time in two months. The BSE Sensex rose nearly 550 points to open at 76,608.98, while the Nifty 50 crossed the 23,900-mark. Shares of IndiGo and Asian Paints led the early gains.

Competition Commission of India (CCI) said it is avoiding taking up suo motu cases unless no one is willing to come forward with a complaint. It cited conflict of interest arising from initiating and adjudicating such cases as reason for the move. CCI, which keeps unfair business practices in check, will also exercise restraint in sectors where sectoral regulators exist.

The CBDT defines a crypto asset as a digital asset that represents value and is secured using cryptography and distributed ledger technology or similar systems. It says the asset must represent a right to value. That asset or the right to it can be bought, sold, or transferred digitally between individuals or entities.

The CBDT has issued detailed guidelines requiring Indian crypto platforms and foreign exchanges operating in India to report specified crypto transactions under the Income Tax Rules, 2026. The reporting responsibility rests with exchanges and service providers, not individual users. Providers must report qualifying merchant payment transfers exceeding $50,000 when acting as an agent for customers.

Gold prices edged higher on July 27 amid positive global bullion trends. Twenty-four karat gold traded at ₹1.44 lakh per 10 grams, while silver traded at ₹2.25 lakh per kilogram. Prices varied slightly across cities due to local taxes and jewellers' charges. Buyers are advised to compare rates, verify hallmark certification and check making charges before purchasing.

The Gujarat High Court has ruled that registering a marriage alone does not make it legally valid under the Hindu Marriage Act. The court held that essential marriage ceremonies, including Saptapadi where applicable, must be performed for a Hindu marriage to be legally recognised, and declared the disputed marriage null and void.