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    Punjab GST revenue rises 20 pc to Rs 10,447 crore in April-July: Cheema
    India-China trade through Shipli La resumes after six years
    Odisha's export can reach USD 50 billion by FY 2029-30: Study
    Andhra records 21 per cent growth in net GST collections till July
    J&K crime branch chargesheets accused in separate bank, insurance fraud cases
    MCD-facilitated PM Vishwakarma Scheme enrols over 41,000 artisans in Delhi
    Gross GST mop-up grows 15.4 pc to over Rs 2.11 lakh cr in July on higher imports, sales
    Gross and Net GST revenue collections for the month of July, 2026
    India and Rwanda Hold First Joint Trade Committee Meeting to Deepen Bilateral Trade and Investment Cooperation
    West Bengal GST collection rises 2 pc in July to Rs 5,564 crore
    Gross GST collection kitty swells 15.4 pc to over Rs 2.11 lakh cr in July
    RBI says USD 40.82 bn mobilised under forex swap facility till Jul 31
    Sebi bars ZEEL for 2 months, Subhash Chandra, Punit Goenka for 1 year in Hyderabad land pledge case
    Department of Commerce Holds Workshop on Trade and Sustainable Development Policy Landscape
    GeM Launches 10-Day Celebrations Ahead of 10th Foundation Day, Unveils Commemorative Logo
    All Indian exports of dual-use items comply with international obligations: MEA
    PM Modi to inaugurate Bhogapuram Airport in Andhra on Aug 1
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    Closely monitoring: India on US bill seeking up to 100 % tariffs on purchasers of Russian oil
    Delhi HC seeks ED stand on Nayan Raheja's plea against money laundering case
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    August 1, 2026
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    GST compliance enforcement combines taxpayer refunds, analytics-based fraud detection, cancellation of fake registrations, and recovery of outstanding VAT arrears.
    Punjab attributed increased GST collections to voluntary compliance, intelligence-based enforcement and technology-driven tax administration, while facilitating compliant taxpayers through timely GST refunds. Data analytics, risk profiling and field verification were used to identify tax evasion, bogus billing, fake input tax credit networks and misuse of the GST registration framework. Measures included penalties, cancellation of fraudulent registrations and recovery of long-pending VAT arrears through attachment and auction of defaulters' properties.
    August 1, 2026
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    Cross-border barter trade resumes through Shipki La, subject to permitted goods, time limits, and import-export compliance requirements.
    Cross-border barter trade through Shipki La between India and Tibet resumed after a six-year interruption. Traders may exchange specified goods under a barter arrangement and must return within 72 hours. Traders are required to comply strictly with import-export regulations prescribed by the Union Ministry of Commerce, emphasising transparency and regulatory compliance. Expansion of permitted goods may be pursued through prescribed governmental and external-affairs channels.
    August 1, 2026
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    Export growth projections outline pathways for Odisha to expand merchandise trade through export diversification, MSME support and financing initiatives.
    Export growth projections for Odisha set out base, optimistic and ambitious scenarios through FY 2029-30, based respectively on historical growth, envisaged national export growth, and a larger share of national exports. Odisha's export basket remains concentrated in metals and minerals, led by aluminium products, with China as the principal export destination. Odisha Vision 2047 identifies exports, including MSME contributions, as an economic transformation driver, while export-financing and risk-mitigation initiatives aim to address financing gaps for exporters and MSMEs.
    August 1, 2026
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    GST compliance enforcement through AI analytics supported sustained net GST collection growth despite rate rationalisation reforms and reduced compliance costs.
    GST revenue mobilisation in Andhra Pradesh showed year-on-year growth in net GST and total commercial tax collections through July 2026, despite rate-rationalisation reforms. Revenue growth was attributed to AI-based scrutiny and analytics, machine-learning risk scoring, AI-driven IGST reversals, UPI-based enforcement analytics, data sharing, predictive analytics, registration verification, and Aadhaar-integrated expansion of the professional-tax base. These measures were stated to strengthen compliance, curb wrongful input tax credit claims, broaden taxpayer coverage, and improve revenue mobilisation.
    August 1, 2026
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    Economic-offences fraud chargesheets address alleged fictitious loans, forged insurance surrender papers, and diversion of bank and policy funds.
    Economic-offences chargesheets were filed in separate alleged bank and insurance fraud matters. The bank investigation alleged fictitious loan sanctions and overdrafts beyond delegated authority, involving cheating, forgery, use of forged documents and criminal conspiracy. The insurance investigation alleged that duplicate policy records and forged surrender documents were used to open a fraudulent account in a policyholder's name and divert policy proceeds. Records, witness statements, documentary evidence and forensic examination were cited in support of the allegations.
    August 1, 2026
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    PM Vishwakarma Scheme implementation expands artisan enrolment, skills, credit, e-commerce access and export facilitation while addressing documentation barriers.
    PM Vishwakarma Scheme implementation in Delhi facilitated artisan enrolment, application processing, skill training, toolkit distribution, loan access, e-commerce onboarding and export-related support. Awareness workshops and tele-calling campaigns were used to promote participation and follow up on benefits. Key implementation challenges concerned outreach to informal clusters, digital literacy, delays in Aadhaar and IEC documentation, and additional support for Divyang artisans. Planned action includes expanding workshops, scaling e-commerce onboarding, strengthening export facilitation and coordination with implementing agencies.
    August 1, 2026
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    Goods and Services Tax collections rise on domestic consumption and imports, while elevated import revenue prompts assessment of underlying drivers.
    Goods and Services Tax collections for July increased over the corresponding prior-year period, supported by domestic sales and imports. Gross receipts included Central GST, State GST and Integrated GST, with net GST revenue calculated after adjusting refunds. For the April-July period, gross and net collections also increased. Commentary linked domestic GST growth to consumption, formalisation and industrial activity, while identifying elevated import GST collections as an area requiring assessment of import composition, currency effects and volumes.
    August 1, 2026
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    GST revenue collections show provisional gross, refund and net revenue trends, with State-wise settlement and domestic collection data.
    GST revenue collections for July 2026 are reported provisionally through gross domestic and import revenue, domestic and export-related refunds, and net GST revenue after refunds. The data also sets out SGST collections and the SGST share of IGST settled to States and Union Territories, both monthly and cumulatively. State-wise domestic GST growth excludes GST on imported goods, while jurisdiction-wise data allocates collections between central and State formations and identifies CGST, SGST and IGST components.
    August 1, 2026
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    Bilateral trade cooperation expands through a Joint Trade Committee covering investment, critical minerals, healthcare, digital technologies and market access.
    Bilateral trade and investment cooperation between India and Rwanda is to be advanced through a structured Joint Trade Committee mechanism for reviewing commerce, diversifying trade, promoting investment, facilitating business engagement and addressing market-access and logistical issues. Priority cooperation includes critical minerals, pharmaceuticals and healthcare, agriculture and agro-processing, standards harmonisation, digital public infrastructure, fintech, cybersecurity, green mobility and renewable energy. Investment focal points will support engagement, while capacity-building assistance and close monitoring of the Agreed Minutes are intended to support time-bound implementation.
    August 1, 2026
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    GST collection growth in West Bengal continued year-on-year in July but remained below the national growth trend.
    West Bengal's July GST collection increased year-on-year and over the preceding month, marking a second consecutive month of annual growth. Official data also indicated that the State's annual growth rate was below the national trend, while gross domestic GST revenue excluding imports and overall gross GST collections including import-related taxes rose nationally during July.
    August 1, 2026
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    GST collection growth reflects higher revenue mobilisation from domestic transactions and imports, with refunds adjusted in net revenue.
    Goods and Services Tax collections increased in July, driven by higher revenue from domestic transactions and imports. The gross collection comprised Central GST, State GST and Integrated GST components. Refunds also increased during the month, and net GST revenue was determined after adjustment of refund outflows from gross tax receipts.
    August 1, 2026
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    Concessional foreign-exchange swaps encourage bank deposits and foreign borrowings to strengthen balance-of-payments resilience and foreign-exchange liquidity.
    The Reserve Bank of India introduced a concessional foreign-exchange swap facility to encourage foreign-currency inflows, strengthen the balance of payments and support foreign-exchange liquidity. The facility applies to fresh Foreign Currency Non-Resident (Bank) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings. Foreign Currency Non-Resident (Bank) deposits constitute the principal source of inflows mobilised under the arrangement. The facility is available for specified time-bound periods, with a later availability period for Overseas Foreign Currency Borrowings and External Commercial Borrowings.
    August 1, 2026
    Show AI Summary
    Unauthorised pledge of listed-company land triggered securities-market bars for disclosure failures and misuse of management authority.
    Unauthorised pledge of ZEEL's Hyderabad land as security for loans obtained by promoter-linked entities was treated as a related-party transaction lacking prior audit committee approval. ZEEL failed to disclose the land's deployment in its financial statements. Its Chairman Emeritus was stated to have transferred title deeds by falsely representing management approval and to have concealed the transaction's nature. Securities-market prohibitions and monetary penalties were imposed with immediate effect.
    August 1, 2026
    Show AI Summary
    Trade and sustainable development policy integrates carbon regulation, sustainability standards and domestic frameworks to strengthen trade competitiveness and preparedness.
    Trade and Sustainable Development policy was examined in relation to international trade disciplines, sustainability regulation and India's trade strategy. Discussions considered carbon markets, carbon pricing, carbon border adjustment measures, sustainability standards and regulatory cooperation, and their implications for trade and industrial competitiveness. Domestic mechanisms, including the Carbon Credit Trading Scheme, Indian Carbon Market, Extended Producer Responsibility framework, and accreditation and conformity assessment systems, were considered for strengthening preparedness for emerging sustainability-related trade disciplines.
    August 1, 2026
    Show AI Summary
    Digital public procurement engagement begins with stakeholder events promoting transparent, efficient and inclusive marketplace governance.
    Government e-Marketplace launched ten-day celebrations preceding its tenth Foundation Day, including a commemorative logo, stakeholder events and recognition of employees, buyers and sellers. The programme begins a year-long nationwide outreach initiative bringing together buyers, sellers, policymakers, industry representatives and ecosystem partners through events, dialogues and collaborative platforms. Its stated focus is technology-enabled, transparent, efficient and inclusive public procurement.
    July 31, 2026
    Show AI Summary
    Strategic trade controls require dual-use exports to comply with national law and international obligations amid arms-transfer allegations.
    Strategic trade controls governing dual-use exports require Indian exports of dual-use items and technologies to comply with national law and India's international obligations. The stated framework applies to exports to various countries. In response to allegations concerning supplies to Israel, the position notes calls for an arms embargo covering direct or indirect transfers of arms and military material, including weapons, ammunition, parts and components, without determining the underlying allegations.
    July 31, 2026
    Show AI Summary
    Greenfield airport development under a public-private partnership advances licensed international passenger, cargo, logistics, and sustainable infrastructure.
    A greenfield international airport is being developed under a Public-Private Partnership and Design, Build, Finance, Operate and Transfer framework, with airport, aviation-hub, education and supporting infrastructure components. The airport has obtained an aerodrome licence and required safety, fire and environmental clearances. Passenger, airfield and terminal systems are designed for domestic and international operations. A cargo terminal with cold-chain facilities and integration with port, industrial-corridor and logistics networks are intended to strengthen exports and air-cargo logistics. Recycled-water use and LEED Platinum development standards form part of its environmental measures.
    July 31, 2026
    Show AI Summary
    Regulatory and legal developments cover trade measures, legislative action, offshore exploration support, court directions and platform algorithm scrutiny.
    The compilation reports proposed United States tariff measures concerning purchasers of Russian oil and gas, India-United Kingdom trade engagement, extension of farmer-support measures, and approval of offshore exploration support. It also covers passage of the Registration of Births and Deaths (Amendment) Bill, 2026, a privilege-motion notice, a criminal sentencing, and directions to appoint a nodal officer for families affected by the Russia-Ukraine war. Regulatory items include industrial credit data and examination of social-media algorithms, bias and public-order implications.
    July 31, 2026
    Show AI Summary
    Russian oil purchases may trigger proposed targeted tariffs, with periodic reassessment based on countries' purchasing behaviour.
    Proposed United States measures would authorise sanctions against Russia and persons supporting its war in Ukraine, while permitting targeted tariffs on imports from countries purchasing substantial volumes of Russian oil or gas or facilitating sanctions evasion. The framework identifies major purchasers and shadow-fleet facilitators for possible additional tariffs and provides for periodic reassessment and tariff adjustments based on purchasing behaviour. India stated that its energy-security policy rests on national priorities and diversified energy sources.
    July 31, 2026
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    Money-laundering proceedings face challenge over absent predicate offence, alleged lack of criminal intent, and treatment of related FIRs.
    Money-laundering proceedings linked to alleged diversion of homebuyer funds are challenged on the ground that no scheduled offence or criminal intent is attributable to the petitioner. The petitioner relies on his asserted exoneration in two predicate FIRs, where charge sheets did not name him, and settlement of the remaining FIR. Notice was issued for a response and status report, and the petitioner undertook to cooperate with the investigation.

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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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