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    IDFC FIRST Bank enables Direct Tax payments through UPI, cards, net banking and branches
    Sensex slumps 1,248 pts as IRDAI proposal hits financial shares; rising crude, US yields weigh
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September 24, 2026
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Direct tax payment gateway integration enables nationwide payments through digital options, branch channels, and customers' respective internet-banking services.
IDFC FIRST Bank's payment-gateway integration for Central Board of Direct Taxes collections enables Direct Tax payments through UPI, credit cards, debit cards, Retail and Corporate Internet Banking, and branch-based cheque, demand draft, or cash payments. Customers of other banks may use their own internet-banking facilities through the gateway. Taxpayers create a challan on the Income Tax e-Filing Portal, select Payment Gateway and IDFC FIRST Bank, choose a payment mode, complete payment, and download or print the paid challan. Payment confirmations are also accessible.
September 24, 2026
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Insurance distribution controls target commissions, expenses and loan-linked sales, reshaping bancassurance arrangements and intermediary remuneration structures.
IRDAI's consultation proposals for insurance distribution contemplate lower Expenses of Management limits, tighter commission controls, and greater control over loan-linked insurance practices. The prospective framework concerns insurer and intermediary remuneration, distribution expenses, and bancassurance fee structures. Reported concerns centre on potential effects on insurer earnings, intermediary economics, and lending-linked distribution arrangements; the measures are not described as final operative obligations or enforcement action.
September 24, 2026
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Personal loan eligibility and repayment planning: loan variants and digital applications remain subject to assessment, verification, and applicable terms.
Eligible customers may seek collateral-free personal loans within stated amount, tenure and interest-rate ranges. Loan amount, interest rate and tenure determine the EMI and total interest payable, while calculator results are estimates rather than final repayment obligations. Eligibility includes nationality, age, employment and credit-score conditions, but approval, final pricing and loan amount remain subject to lender assessment, document verification and applicable terms. Online applications require personal, financial and employment details and KYC verification.
September 24, 2026
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Nidhi company deposits lack insurance protection, requiring verification of government declaration before relying on high-return promises.
Each company seeking to function as a Nidhi must file Form NDH-4 for declaration or updated Nidhi status and comply with the Companies Act, 2013 and applicable Nidhi Rules. Nidhi companies may accept deposits and grant loans only to members. Public investors should verify declared Nidhi status rather than rely on unusually high-return promises, agent representations, or informal assurances. Deposits with Nidhi companies are not insured by the Deposit Insurance and Credit Guarantee Corporation, and recovery may be difficult where a company fails or fraud occurs.
September 24, 2026
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FCNR(B) liquidity deployment remains within banks' discretion, guided by credit pipelines, asset-liability positions, and prudent underwriting standards.
Banks retain full discretion to deploy liquidity mobilised through FCNR(B) deposits, based on their credit pipeline, lending proposals, liquidity outlook and asset-liability position. No sector-specific direction applies to use of these funds. FCNR(B) deposits are fixed-term foreign-currency deposits in which principal and interest are repayable in the same foreign currency, protecting non-resident depositors from direct rupee exchange-rate risk. Continued prudent credit appraisal and underwriting standards are expected.
September 24, 2026
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Compulsory Muslim marriage registration shifts registration to registrars under a statewide procedural framework, with local officials authorised when needed.
Compulsory registration of Muslim marriages will operate under the Assam Muslim Marriage Registration (Compulsory) Rules, 2026, framed under the Assam Compulsory Registration of Muslim Marriage and Divorces Act, 2024. Registration will be undertaken by registrars, with panchayat-level officials potentially authorised where application volumes require additional capacity. The framework addresses the registration forum after kazis were barred from registering Muslim marriages.
September 24, 2026
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Macroeconomic resilience supports fiscal consolidation, financial-sector stability, and orderly foreign-exchange management through persistent global and market shocks.
Policy management emphasises clear communication, policy certainty, macroeconomic and financial-sector stability, efficient use of buffers, and sustained structural reform. Fiscal prudence is treated as necessary to avoid unsustainable stimulus and preserve long-term stability. External-sector resilience rests on services exports and remittances, while oil and gold shocks and weaker capital inflows have created temporary balance-of-payments pressure. Further improvement is linked to lower oil dependence, export diversification, trade agreements, capital inflows and orderly foreign-exchange market management.
September 24, 2026
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Software export growth strengthens IT ecosystem as campus expansion supports startup activity, infrastructure development, and skilled employment.
Software export revenue generated by Technopark reached Rs 17,092 crore in FY 2025-26, reflecting year-on-year growth of approximately 17.3 per cent. Growth is attributed to IT infrastructure, a skilled talent base, and company performance. Technopark also operates as an IT and ITeS hub and startup ecosystem centre, with ongoing campus development intended to expand its position among major IT hubs.
September 24, 2026
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Artificial intelligence centre of excellence partnership advances industry-aligned training, supervised internships, startup mentorship, and applied research collaboration.
IIEST Shibpur and Tata Consultancy Services have entered into a Memorandum of Understanding to establish an Artificial Intelligence Centre of Excellence at the Electrical Engineering Department's high-performance computing laboratory. The collaboration supports industry-aligned training, professional certifications, practical projects, supervised internships, startup mentorship, curriculum benchmarking, and applied research in natural language processing, computer vision, image processing, and advanced data analytics.
September 24, 2026
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Money-laundering searches prompt protests over alleged political misuse while operations continue at public development offices and residences.
Enforcement Directorate search and survey operations connected with a money-laundering investigation continued at development authority offices and premises linked with housing administration, a realty company, and private residences. AAP workers protested against the searches, alleging political and administrative pressure through central investigative agencies. The party further alleged that the operations could disrupt the development authority's functioning and impede Punjab government welfare schemes.
September 24, 2026
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Money-laundering investigation procedure raises allegations over FIR registration, conflict concerns, and the choice between police, vigilance, or federal inquiry.
A police inquiry, rather than a Vigilance inquiry, was directed following an Enforcement Directorate communication seeking registration of an FIR for cognizable offences. It was contended that FIR registration should be dealt with by the police and that governmental or ministerial intervention would raise concerns where a person facing allegations is involved in deciding the investigative course. A transfer to a federal investigative agency was sought on grounds of investigative independence and perceived conflict of interest.
September 24, 2026
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Trade truce extension maintains tariff pauses and export-restriction rollbacks while negotiations continue on broader economic commitments.
United States-China trade relations may remain governed by the Busan Agreement through January 10 under a stated two-month extension, though Chinese official confirmation is pending. The arrangement maintains pauses on elevated tariffs and prior rollbacks of restrictions affecting critical minerals and high-technology exports. Negotiations may produce a broader economic package or further continuation of existing terms, while implementation of agreed commitments is under review. The parties have also proposed reciprocal alerts on AI-related hacking incidents involving national-security concerns.
September 24, 2026
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Gold Smuggling Enforcement: Concealed foreign-origin gold recovered from vehicles and a traveller, with arrests under customs law.
Gold-smuggling enforcement involved the seizure of approximately 21 kg of foreign-origin gold in two operations and the arrest of five persons under the Customs Act, 1962. Gold bars were recovered from sophisticated vehicle-chassis cavities, while gold bars and cut pieces were recovered from a passenger's specially designed cotton waist belt. The operations concerned suspected cross-border gold movement and targeted organised smuggling networks using sophisticated concealment methods.
September 24, 2026
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Cross-border gold smuggling enforcement resulted in Customs Act seizures after coordinated recovery of foreign-origin gold from border locations and a passenger.
Cross-border smuggling of foreign-origin gold through the Bangladesh route led to coordinated recoveries and seizures under the Customs Act, 1962. Gold recovered near the India-Bangladesh border was taken over for customs proceedings, including a seizure under Section 110. Foreign-origin gold concealed by a train passenger was also recovered and seized, with investigation indicating its smuggling from Bangladesh.
September 24, 2026
Show AI Summary
BRICS tax cooperation creates standing platforms for international taxation, revenue statistics, professional capacity building and peer learning.
India-led BRICS tax cooperation established standing Working Groups on International Taxation and Transfer Pricing and Revenue Statistics, providing institutional platforms extending beyond individual Chairships. It also institutionalised an annual Young Tax Professionals Capacity Building Programme, launched the BRICS Tax Cross-Learning Lab for peer learning on client-centric administration and human-resources practices, and approved the Terms of Reference for the BRICS Tax Support Network.
September 24, 2026
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Wildlife trafficking enforcement applies protected-species safeguards to seized Tokay Geckos and enables further statutory action against suspected illegal trade.
Wildlife-trafficking enforcement led to interception of two persons and seizure of 86 live Tokay Geckos under the Wildlife (Protection) Act, 1972. Tokay Geckos receive Schedule I protection under that legislation and are listed in Appendix II of CITES, regulating international trade. The persons and recovered geckos were transferred to the Mariani Range Forest Office for further action.
September 24, 2026
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Restricted firecracker imports concealed through misdeclaration trigger seizure and criminal investigation under customs enforcement law.
Concealment of restricted firecrackers within an import container declared as bottles and wallpaper resulted in customs seizure under the Customs Act, 1962. Firecracker imports are restricted under the Foreign Trade Policy and require valid Directorate General of Foreign Trade authorisation and a Petroleum and Explosives Safety Organisation licence under the Explosives Rules, 2008. Investigation into attempted clandestine clearance led to the arrest under the Customs Act of a key syndicate member alleged to have orchestrated the import.
September 24, 2026
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Merger-control approval permits FIHM's phased acquisition of IIFL Capital Services equity through subscription, open offer and promoter purchase.
Merger-control approval permits FIHM to acquire certain additional equity share capital of IIFL Capital Services through a preferential issue on a private-placement basis and through shares tendered in a mandatory open offer. FIHM may also buy shares from the target's promoters if its aggregate shareholding with HWIC remains below the Target Shareholding after these steps.
September 24, 2026
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Full ownership acquisition in beauty and personal care receives competition approval for skin care and hair care operations.
Competition approval covers L'Ore al India Private Limited's acquisition of the entire shareholding in Onesto Labs Private Limited. The proposed combination concerns India's beauty and personal care sector and places the Target under the Acquirer's full ownership. Both entities operate in beauty and personal care products, including skin care and hair care.
September 23, 2026
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Advance disbursement of central government pay addresses anticipated banking disruption, with subsequent adjustment against the following month's entitlements.
Advance disbursement of September 2026 salary, wages and pensions is authorised on 25 September for central government employees, industrial employees and pensioners because of the proposed bank strike. Payments constitute advance payments and must be adjusted after full monthly entitlements are determined, with any adjustment made from October salary or wages. End-of-month banking transactions should, where feasible, be processed in advance.

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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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