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    World shares are mixed, oil prices climb as Iran threatens to block Middle East energy exports
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    July 15, 2026
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    Middle East energy export disruption risks raise oil prices and unsettle global equity markets amid renewed conflict.
    Middle East energy-export disruption risks increased following renewed conflict and a threatened halt to regional oil and gas exports amid a blockade of Iranian ports. Concerns over the security of shipping through the Strait of Hormuz contributed to higher oil prices and reduced Gulf traffic flows, reflecting the potential for wider interruption of energy transportation. Global equity markets showed mixed movements as investors assessed escalating conflict, oil-supply disruption, inflation data and corporate earnings.
    July 15, 2026
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    Apricot export facilitation enables overseas market access through exporter-managed supply chains, cold-chain transport, and proposed local processing capacity.
    Apricot export facilitation for Ladakh's indigenous Raktsey Karpo and Halman varieties is being implemented through an agreement under which exporters manage harvesting, sorting, grading, packing, transportation and marketing. Administrative measures include transport monitoring, expedited transit arrangements and cold-chain support for perishable produce. A proposed apricot processing unit is intended to improve value addition, address short shelf life and support smoother exports while reducing post-harvest losses.
    July 15, 2026
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    India-UK trade agreement expands market access, tariff reductions, services trade and professional mobility across identified commercial sectors.
    The India-UK Comprehensive Economic and Trade Agreement entered into force as a free trade arrangement intended to expand bilateral market access and promote movement of goods and services. It provides for tariff reductions and supports trade, services and professional mobility. The agreement is expected to create opportunities for businesses, entrepreneurs, farmers, manufacturers, MSMEs and skilled workers, including in textiles, leather, gems and jewellery, engineering goods, marine products, chemicals and processed foods.
    July 15, 2026
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    Punitive tariffs for Russian oil purchases could make trade duties a geopolitical mechanism targeting India and other countries.
    Proposed United States tariff legislation would impose punitive tariffs on India and other specified countries for purchasing oil from Russia. Certain European countries purchasing Russian gas would be exempted on the stated basis that their purchases are limited and that they are reducing dependence on Russia. If enacted, the measure would expressly authorise tariffs as a geopolitical mechanism directed at countries considered to be financing another nation's war effort.
    July 15, 2026
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    Strait of Hormuz transit rights remain contested as blockade measures, toll disputes, and hostilities threaten regional energy exports.
    Maritime access through the Strait of Hormuz is disputed following the reimposition of a naval blockade, retaliatory threats affecting regional energy exports, and attacks on shipping routes. An interim arrangement had provided for toll-free transit during a limited negotiating period but left the later regulatory position unresolved. One side asserts a right to regulate traffic and potentially levy transit charges, while the opposing position maintains that passage should remain open without tolls. Continuing hostilities and stalled negotiations threaten navigational access and energy trade flows.
    July 15, 2026
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    Major banking shareholding acquisitions: draft directions propose simplified approval for subsequent investments by institutional fund categories.
    Draft directions propose a simplified approval process for subsequent acquisitions of major shareholding or voting rights in banking companies by mutual funds, insurance companies and pension funds. The proposals cover commercial banks, small finance banks, payments banks and local area banks. Regulated entities, the public and other stakeholders may provide feedback through the Reserve Bank's online consultation facility or by email within the stated consultation period.
    July 15, 2026
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    Wholesale and producer price indices report rising June inflation, revisions to April estimates, and manufacturing input-price movements.
    Provisional June 2026 and final April 2026 estimates are reported for the Wholesale Price Index, Output Producer Price Index, and trial Input Producer Price Index under the base year 2022-23. Wholesale inflation increased year-on-year, driven principally by mineral oils, food articles, basic metals, and chemicals and chemical products. April WPI and Output PPI estimates were revised upward, while the April trial Input PPI was revised downward. The release also provides group-wise monthly and cumulative index data, weighted response rates for WPI estimates, and provisional and final data classifications.
    July 15, 2026
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    India-UK trade agreement operationalisation expands market access, tariff reductions, skilled mobility and social security support for enterprises and professionals.
    The India-United Kingdom Comprehensive Economic and Trade Agreement is intended to facilitate greater two-way movement of goods and services through tariff reductions and stronger access to the UK market for farmers, entrepreneurs, MSMEs and other sectors. Together with the Agreement on Social Security, it is described as promoting cooperation in technology, professional services and innovation, supporting mobility for skilled Indian talent, and assisting Indian professionals temporarily working in the UK.
    July 15, 2026
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    Zero-duty market access under the India-UK trade pact expands opportunities for domestic goods, enterprises, professionals and skilled mobility.
    The India-UK Comprehensive Economic and Trade Agreement has been operationalised, enabling a range of domestic goods to enter the UK market at zero customs duty and expanding market access for Indian farmers, entrepreneurs and micro, small and medium enterprises. A social security agreement has also entered into force to support Indian professionals temporarily working in the UK, improve enterprise competitiveness, and complement cooperation in technology, professional services, innovation and skilled-worker mobility.
    July 15, 2026
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    Accredited photovoltaic module testing strengthens reliability validation, safety qualification, and in-house product development under internationally recognised laboratory quality standards.
    NABL accreditation under ISO/IEC 17025:2017 recognises a photovoltaic module laboratory's technical competence to conduct testing through accepted procedures, calibrated equipment, qualified personnel and quality-management controls. Its scope includes module design and safety qualification, degradation testing and high-temperature operating-condition assessment. Environmental, electrical and mechanical evaluations-including thermal cycling, damp heat, humidity freeze, UV exposure, mechanical loads, leakage current, insulation and power testing-support design verification, reliability analysis, manufacturing consistency and product development.
    July 15, 2026
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    Export-led growth exposes weak domestic demand as high-technology manufacturing support raises trade imbalance and employment concerns.
    China's growth has become increasingly reliant on strong exports of high-technology manufactured products, while domestic consumption and investment remain weak. Household spending is constrained by the property-sector downturn and uncertainty over jobs and wages. Policy support and investment in artificial intelligence, robotics and advanced manufacturing have strengthened exports but raised concerns about trade imbalances, excess production capacity and employment creation. The policy direction identified is to strengthen the domestic market and maintain employment while pursuing higher-quality growth.
    July 15, 2026
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    India-UK trade agreement enables tariff reductions, market access and digital trade facilitation for expanded cross-border commerce and investment.
    India-UK Comprehensive Economic and Trade Agreement (CETA) entered into force, establishing tariff reductions, expanded market access and greater certainty for cross-border trade and investment. Its 30 chapters cover trade in goods and services, sanitary and phytosanitary measures, technical barriers to trade, digital trade, intellectual property and government procurement. Trade-facilitation and digital provisions are intended to improve cross-border commerce, while the framework supports bilateral business, investment and collaboration across services, manufacturing, technology and healthcare sectors.
    July 15, 2026
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    Equity market rebound follows softer United States inflation, supporting expectations of a less aggressive Federal Reserve policy stance.
    Indian benchmark equity indices rebounded in early trading, supported by bank and selected large-cap shares after the preceding session's decline. Softer-than-expected United States consumer inflation strengthened expectations of a less aggressive Federal Reserve monetary-policy stance and supported global risk sentiment. Stronger United States equities, generally positive Asian markets, Brent crude movements and foreign institutional investor equity sales were identified as relevant market factors.
    July 15, 2026
    Show AI Summary
    Foreign exchange market conditions lifted the rupee early, but crude prices, investor outflows and geopolitical tensions restrained gains.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar, while elevated crude oil prices, foreign institutional investor outflows, higher US Treasury yields and West Asia tensions limited gains. A weaker dollar and positive domestic equity-market opening provided support. Intensified US-Iran conflict and risks to regional energy exports contributed to higher crude prices and dollar demand. Higher wholesale price inflation and growth in net direct tax collection formed part of the domestic economic backdrop.
    July 15, 2026
    Show AI Summary
    Proposed geopolitical tariffs would target major purchasers of Russian oil, alongside broad sanctions on Russia's economic sectors.
    Proposed United States legislation would authorise tariffs of up to 100 per cent on India, China, Slovakia, Hungary and Azerbaijan as major purchasers of Russian oil. It also contemplates broad blocking sanctions affecting Russia's energy, financial and defence sectors and designated persons. The tariffs would be narrowly targeted and subject to restricted waiver authority, while certain European purchasers of Russian gas would be exempted based on limited dependence and efforts to reduce reliance on Russia.
    July 14, 2026
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    Video-conference statement request in PNB fraud case pending decision on approver plea, with prosecution reply sought
    Purvi Modi, an accused in the Punjab National Bank fraud case, has sought permission to record her statement before the special CBI court through video conference. She has applied to become an approver, and the CBI has stated that her statement should be recorded before that application is decided. The court has sought the prosecution's response. Purvi Modi and her husband have already become approvers in a related money-laundering investigation conducted by the Enforcement Directorate.
    July 14, 2026
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    Rupee depreciation reflects crude oil pressures, safe-haven dollar demand, widening trade deficit, and rising global economic uncertainty
    The Indian rupee depreciated against the US dollar amid higher crude oil prices, renewed geopolitical concerns, increased safe-haven demand for the dollar, and rising global bond yields. Higher crude prices increased India's dollar-denominated import requirements, widened the trade deficit, and intensified foreign-exchange outflows. Merchandise exports increased year-on-year, but the trade deficit widened because of stronger imports. Wholesale price inflation also rose, while net direct tax collections increased on account of higher corporate tax receipts.
    July 14, 2026
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    Advanced technology in banking requires cybersecurity, internal controls, fraud prevention, and safeguards against data misuse.
    Banks were encouraged to use advanced technologies, including artificial intelligence, to expand their reach, improve operational efficiency, reduce costs, and enhance customer experience. This approach must be supported by robust cybersecurity, strong internal controls, and safeguards against fraud and misuse of data. The banking sector was also urged to serve all segments of the economy prudently, strengthen customer service, and consider developments involving the Central KYC Records Registry, counterfeit currency detection, MuleHunter, central bank digital currency, the Unified Lending Interface, Account Aggregator, FX Retail, and Retail Direct.
    July 14, 2026
    Show AI Summary
    Textile investment opportunities: Punjab promotes integrated value chains, single-window approvals, infrastructure, and export-focused industrial growth.
    Punjab's industrial policy aims to attract textile investment, expand employment and exports, and provide an industry-friendly environment through time-bound approvals, single-window and single-pen systems, and reduced bureaucratic obstacles. Punjab is promoted as having a complete textile value chain covering cotton cultivation, spinning, yarn, fabrics, knitting, processing, garments, manufacturing and exports. Its investment ecosystem is described as offering power tariffs, land facilities, transparent approvals, infrastructure and the Right to Business Act, while industry participation is encouraged to strengthen innovation, exports and inclusive economic growth.
    July 14, 2026
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    Betting proceeds laundering allegations link layered transactions and asset acquisitions to the Mahadev online betting syndicate investigation
    The Enforcement Directorate arrested Ebix Group chairman Vikas Garg under the Prevention of Money Laundering Act in an investigation concerning alleged laundering of proceeds from Mahadev Online Book and Skyexchange betting operations. The agency alleges that betting proceeds were routed through hawala entries, shell entities and layered transactions into entities owned or controlled by Garg, and used to acquire shares, securities and other assets. It further alleges that Garg acquired a controlling stake in EbixCash using such funds. The investigation concerns a franchise-based betting syndicate operating through multiple online platforms.

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      India’s Young Innovators to Launch ATOMESUS AI — A Next-Gen India-Origin Intelligence Platform Built with ISRO-Level Engineering

      November 21, 2025

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      Noida (Uttar Pradesh) [India], November 21: India is preparing to witness one of the most significant breakthroughs in its artificial intelligence ecosystem as ATOMESUS AI, an advanced India-origin intelligence platform, gears up for its official launch. Developed by young engineers with research exposure under ISRO, and headquartered in Sector 98, Noida, Atomesus AI is emerging as a powerful, affordable, and sovereign AI alternative designed entirely within India’s borders. At a time when global AI platforms dominate the market, Atomesus AI stands out with a bold proposition: Nation First. Intelligence for All.

      It is built to empower students, creators, families, professionals, businesses, and developers, offering a single unified ecosystem that delivers writing, coding, research, automation, creativity, and real-world assistance — all powered by India’s own model family: Atomesus 1, Atomesus 1.5, and Atomesus 1.5 Pro.

      The Origin Story: From ISRO Projects to India’s Indigenous AI Breakthrough The founding team behind Atomesus AI consists of college students who worked on advanced computational projects during their research exposure at ISRO. This exposure shaped their expertise in: High-performance computing Large-scale data processing Resource-efficient algorithm development Mathematical modeling Pattern-based optimization These skills became the foundation of Atomesus AI’s technical architecture — optimized for high performance while remaining cost-efficient.

      The transition from space-tech computation to AI model engineering demonstrates the deep overlap between both domains: complex mathematics, data-heavy processing, optimization, and reliability under constraints.

      Technical Architecture: How ATOMESUS AI Works Atomesus AI is built using transformer-based neural architectures, the same foundational technology behind the world’s most advanced LLMs.

      Transformer & Multi-Head Attention The platform uses self-attention mechanisms to understand context across long sequences. The core computation is based on: Attention (Q, K, V) = Softmax (QKᵀ / √dₖ) V Multiple parallel attention heads learn semantic, syntactic, and structural patterns.

      Training Pipeline Atomesus AI follows a multi-stage industry-standard training approach: 1. Pretraining — large corpus modeling 2. Supervised Fine-Tuning — domain-level specialization 3. RLHF — Reinforcement Learning from Human Feedback This ensures safe, aligned, human-friendly responses.

      Indian Language Optimization Using BPE and SentencePiece, the model handles: • Hindi • Tamil • Telugu • Marathi • Many other Indic languages This ensures culturally aligned, linguistically accurate responses.

      The Atomesus Intelligence Stack: India’s Own Model Family Unlike many AI platforms that depend on global third-party APIs, Atomesus AI is powered by its own in-house intelligence stack running on AWS India-region compute clusters.

      The system includes: • Atomesus 1 — foundation model • Atomesus 1.5 — optimized performance model • Atomesus 1.5 Pro — enterprise-grade high-capacity model Atomesus AI is not a wrapper, reseller, or rebranded version of any other AI system.

      It operates on a self-developed inference engine within Indian servers, maintaining a closed-loop, fully independent AI ecosystem.

      Full Data Localization: Sovereignty as a Core Principle One of the strongest differentiators of Atomesus AI is its absolute commitment to Indian data sovereignty.

      Key Infrastructure Highlights • Hosted entirely on AWS India regions • TLS 1.3 encrypted communication • Full enforcement of Digital Personal Data Protection Act (DPDPA 2023) • Distributed edge compute • Zero dependency on foreign AI systems • Automatic compliance monitoring All user data remains fully within India, ensuring privacy and governance compliance — a critical advantage for enterprises, government institutions, and sensitive-use sectors.

      Optimized for Speed, Cost, and Efficiency To deliver fast performance at affordable pricing, Atomesus AI integrates: • Model quantization (FP32 → FP16 → INT8/INT4) • Knowledge distillation • Activation reuse • Batch processing • High-throughput inference scheduling These optimizations help Atomesus AI deliver high performance while remaining one of the most affordable AI platforms in the world.

      What ATOMESUS AI Offers: A Complete Multi-Sector Platform According to document-based capabilities, Atomesus AI enables: For Students • Homework assistance • Exam preparation • Notes & summaries • Project ideas For Working Professionals • Emails & reports • Research documentation • Meeting preparation • SOPs & business content For Creators • Social media content • Scripts & captions • Prompts for images/videos For Businesses • Marketing campaigns • Branding content • Automated plans & proposals • Customer support templates For Families • Recipes • Travel planning • Repair guidance • General lifestyle help For Developers • Debugging • Theory learning • Code documentation AI Image Generation & File Analysis Capabilities Atomesus AI can generate: • Realistic photos • Posters, thumbnails, illustrations • Social media graphics It also supports document uploads: • PDF • DOCX • TXT • CSV • Images High-tier plans offer larger uploads and batch analysis.

      Not Just an AI — A Vision for India’s Technological Leadership Atomesus AI stands for: • Nation First innovation • Accessible intelligence for all • Human-centric design • Ethical and transparent AI practices The platform aligns with India's national priorities: • Digital India • Atmanirbhar Bharat • AI for Bharat Mission Beyond technology, Atomesus AI aims to reshape India’s role in the global AI landscape — from consumer to creator.

      Competitive Positioning: How Atomesus AI Stands Apart Against ChatGPT • India-first data localization • Deep optimization for Indian languages • Affordable pricing Against Google Gemini • Strong sovereignty controls • India-focused datasets and use-cases Against Chinese and Global LLMs • Cultural relevance • Compliance with Indian digital laws • Indigenous infrastructure Atomesus AI positions India as a global AI innovator, not just a participant.

      Frequently Asked Questions (Public Edition) A combined summary from your uploaded FAQ files: 1. What is Atomesus AI? An advanced all-in-one AI platform for writing, coding, analysis, creativity, automation, and research.

      2. How does it work? It processes user prompts, files, text, and images using the Atomesus model family to produce intelligent results.

      3. Is it India-based? Yes. Hosted entirely on AWS India with strict local data processing.

      4. Does it use any external AI API? No. Atomesus AI uses its own in-house models and inference engine.

      5. Can businesses use it? Yes — advanced Business and Enterprise plans support multi-user workspaces.

      6. Does it save user data? Chats are stored securely but never used for training.

      Final Summary: ATOMESUS AI Marks a Turning Point for India’s AI Future With its roots in ISRO-level engineering, transformer-based neural architecture, complete Indian data localization, multilingual optimization, and a Nation First vision, Atomesus AI is not just another product — it is a national milestone.

      It represents a shift towards: • India’s technological sovereignty • Accessible AI for all demographics • Youth-led innovation • A secure, affordable, high-performance alternative to global AI giants As the world looks toward the future of artificial intelligence, India is ready to lead — and Atomesus AI is at the forefront of this movement.

      (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR

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