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    PNB to establish Quantum Finance Innovation Hub in Amaravati
    Infosys veteran Ashiss Kumar Dash to succeed Salil Parekh as new CEO in 2027
    Gold falls Rs 400 per 10 grams amid surging oil prices
    PNB and Andhra Pradesh sign MoU to establish India's first Bank-led Quantum Finance Hub at Amaravati
    Govt allows FDI in inventory-based e-commerce model only for export purposes
    Joint home loans in India - interest rates start at 7.25%* p.a. for salaried applicants
    6Wresearch: India Export Attractiveness Tracker 2026
    Govt allows FDI in inventory-based model of e-commerce only for export purposes
    CRIF India Launches Chennai Chapter of 'Credit Goes to HER' to Strengthen Women's Leadership in the Credit Ecosystem
    Loan Fest 2026: Apply for a Bajaj Finance Personal Loan Online with Attractive Offers
    Rupee slips 4 paise to settle at 96.57 against US dollar
    Supertech twin towers: SC defers hearing on plea seeking refund for homebuyers
    Invest Manchester: UK-India Free Trade Agreement Opens New Doors for APAC Manufacturers
    4 Chandigarh University Law Graduates Become Judicial Officers, 244 Secure Jobs at Corporate Law Firms
    ISTITUTO MARANGONI MUMBAI PRESENTS ITS 2026 STUDENT SHOWCASE — ‘ASTITVA’
    Rupee rises 5 paise to 96.48 against US dollar in early trade
    Ministry of Statistics and Programme Implementation has put in place well-defined mechanisms to ensure timely collection and publication of official s...
    Ministry of Statistics and Programme Implementation undertakes periodic methodological reviews of statistical framework to ensure official statis...
    ENERGY STATISTICS INDIA
    CCI approves acquisition of 100% of the equity share capital of NCR Atleos Corporation (Target) by The Brink's Company (Acquirer)
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    July 23, 2026
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    Quantum finance innovation will advance secure digital banking through cybersecurity, fraud detection, collaborative research, workforce development and digital literacy.
    A Quantum Finance Innovation Hub is proposed to apply quantum technologies to banking through stronger cybersecurity, proactive financial-fraud detection and secure digital financial ecosystems. The initiative will bring together industry, academia, startups, research organisations and government agencies to promote innovation in quantum computing, artificial intelligence and related technologies. It also focuses on workforce development, digital literacy, public confidence in digital financial services, and technology-enabled responses to cybercrime and digital-arrest scams.
    July 23, 2026
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    Chief executive succession plan appoints a CEO designate, subject to shareholder approval, for an AI-led corporate leadership transition.
    Corporate leadership succession at Infosys is proposed through the appointment of Ashiss Kumar Dash as Managing Director and Chief Executive Officer designate from 1 April 2027. The five-year appointment is subject to shareholder approval and follows a recommendation of the Board's Nomination and Remuneration Committee. The incumbent will remain in office until the transition date and support an orderly transfer of responsibilities. The succession plan identifies the CEO designate's business, technology-delivery, client and global operations experience as relevant to AI-led transformation.
    July 23, 2026
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    Bullion market pressure intensified as rising oil prices, inflation concerns and restrictive monetary policy expectations weakened gold and silver sentiment.
    Gold and silver prices declined amid weaker global bullion trends, profit-booking, and higher crude oil prices linked to Middle East tensions. Market commentary associated the decline with inflation concerns and expectations that major central banks may sustain restrictive monetary policy for longer. Gold was described as facing near-term pressure from higher interest-rate expectations, inflation risks, and geopolitical uncertainty.
    July 23, 2026
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    Quantum finance innovation will develop secure, AI-enabled banking solutions through collaborative research, startup incubation, cybersecurity enhancement and workforce development.
    Quantum finance innovation is to be advanced through a memorandum of understanding for establishing the PNB Quantum Finance Hub at Amaravati Quantum Valley. The hub will develop, test and support adoption of secure, intelligent and future-ready banking solutions using Quantum Computing and Artificial Intelligence. It will bring together industry, academia, startups and government agencies for research, innovation, incubation and acceleration of financial technologies, focusing on cybersecurity, fraud detection, operational efficiency, risk management and customer experience.
    July 23, 2026
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    Foreign investment in inventory-based e-commerce is allowed only for exports of Indian-made goods, while domestic retail remains prohibited.
    Foreign direct investment in inventory-based e-commerce is permitted exclusively for exports of goods or products manufactured or produced in India. Restrictions on business-to-consumer and inventory-based e-commerce do not apply to these exports, subject to the Foreign Trade Policy 2023 and export regulations. Foreign direct investment in inventory-based e-commerce retailing for domestic sales remains prohibited, with the revised position taking effect upon the relevant foreign exchange notification.
    July 23, 2026
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    Joint Home Loan Eligibility and Shared Repayment Liability Shape Borrowing Capacity, Tax Claims, Documentation, and Exit Planning.
    Joint home loans allow eligible applicants to combine income for a single housing loan, while making every co-applicant fully responsible for repayment. Eligibility depends on each applicant's income, financial obligations, credit history, age, repayment capacity and property criteria. Applicants should agree on EMI sharing, ownership proportions and exit arrangements before applying, as removal of a co-applicant requires lender approval and reassessment. Co-owner borrowers may claim applicable interest and principal repayment deductions subject to ownership, contribution and income-tax requirements. Each applicant must provide separate identity, income and banking documentation.
    July 23, 2026
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    Export competitiveness increasingly depends on regulatory compliance, preferential trade access and diversification into smartphones, medicines, petroleum products and semiconductors.
    India's export potential to 2031 is centred on smartphones, polished diamonds, petroleum products and medicines, with the United States, Hong Kong, Japan, China, Singapore and the United Arab Emirates as important markets. New product opportunities include iron ore concentrates, gasoline vehicles and light petroleum oils. Although selected destinations offer duty-free or preferential access, market entry in mature markets increasingly depends on compliance with non-tariff measures, including registration, quality certification, safety documentation and product standards. Semiconductor-related manufacturing is identified as a long-term opportunity supported by expanding electronics capacity, supply-chain diversification and domestic incentives.
    July 23, 2026
    Show AI Summary
    Foreign investment in inventory-based e-commerce is permitted exclusively for exports of Indian-manufactured or produced goods under export compliance rules.
    Foreign direct investment in inventory-based e-commerce is permitted exclusively for exports of goods or products manufactured or produced in India. Foreign direct investment remains permitted in business-to-business e-commerce and the marketplace model, while business-to-consumer and inventory-based direct sales to consumers remain prohibited except for the specified export activity. Export-oriented inventory-based operations must comply with the applicable Foreign Trade Policy and foreign exchange regulations governing exports.
    July 23, 2026
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    Women's leadership in credit expands through a Chennai community platform supporting mentorship, inclusive lending practices, and financial ecosystem collaboration.
    The Chennai chapter of the 'Credit Goes to HER' initiative provides a platform for women professionals in banking, NBFCs, fintech, housing finance, academia and policy to share knowledge, obtain mentorship and collaborate on inclusive credit practices. It seeks to strengthen women's leadership and participation in the credit ecosystem while supporting responsible lending, financial inclusion, transparency and data-driven decision-making.
    July 23, 2026
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    Digital personal-loan campaign combines online collateral-free borrowing, eligibility-based assessment, flexible repayment options and conditional lifestyle rewards for successful disbursals.
    Digital personal-loan campaign permits eligible customers to apply online for collateral-free borrowing and receive specified lifestyle rewards upon successful disbursal, subject to campaign terms. Applicants may check an offer, provide personal, financial and employment information, review loan terms, complete know-your-customer and bank-account verification, and undergo assessment. Interest rates, loan amounts and repayment tenures depend on eligibility, credit profile, income and internal assessment. An EMI calculator supports comparison of repayment options and estimation of monthly instalments before application.
    July 23, 2026
    Show AI Summary
    Foreign-exchange market pressure weakened the rupee as elevated crude prices and risk sentiment drove trading conditions.
    Foreign-exchange market movement saw the rupee depreciate against the US dollar amid elevated crude oil prices linked to heightened West Asia hostilities. Weak domestic equity markets and foreign investor equity outflows contributed to negative sentiment. Market commentary indicated that prospective Reserve Bank of India intervention supported the rupee and could limit sharper depreciation, while shipping-security concerns contributed to elevated oil prices.
    July 23, 2026
    Show AI Summary
    Homebuyer refund claims in developer insolvency proceed through pro-rata distribution of funds deposited for eligible buyers.
    Homebuyer refund claims connected with demolished residential towers are being considered within the developer's insolvency proceedings. Buyers who have not opted for alternative allotment seek repayment. Eligible refunds are contemplated on a pro-rata basis from funds deposited by the Interim Resolution Professional, subject to the claims process and the availability of deposited funds.
    July 23, 2026
    Show AI Summary
    Free trade agreement tariff reductions create investment opportunities for Asia-Pacific manufacturers seeking UK and European market access.
    The UK-India Free Trade Agreement is presented as reducing tariffs on advanced machinery and manufacturing-related goods and creating trade and investment opportunities for Asia-Pacific manufacturers seeking UK and European market access. Manchester is promoted as an investment location through its advanced manufacturing cluster, skilled workforce, innovation infrastructure, international links, and available manufacturing and research space. Invest Manchester provides investor support and undertakes international engagement to develop trade, investment and innovation partnerships.
    July 23, 2026
    Show AI Summary
    Practical legal training and structured internships strengthen judicial examination preparation, professional skills, and career exposure for law students.
    Legal education employability initiatives combine curriculum alignment for judicial and competitive examinations with mentoring, legal drafting practice, research training, and professional interaction. Internships provide practical exposure to courts, judicial institutions, government bodies, law firms, advocates' chambers, corporate legal departments, and non-governmental organisations. Students in integrated and three-year law programmes complete prescribed minimum internship periods, with summer and winter placements commencing after the first year. Specialisation-based internships cover civil, criminal, corporate, cyber, intellectual property, arbitration, taxation, and government or non-governmental legal work.
    July 23, 2026
    Show AI Summary
    Student fashion showcase celebrates identity, personal storytelling, craft preservation and conscious creation through nine contemporary design collections.
    Student fashion showcase 'Astitva' presented nine contemporary collections exploring identity, belonging, transformation, memory, resilience, grief and cultural heritage through personal design narratives. The collections included a contemporary reinterpretation of Bhujodi weaving, Ajrakh block printing and Kumaoni hand-knitting, emphasising preservation of Indian craft traditions. Recognition included a designer award for the craft-revival collection and a sustainability award for a collection focused on craftsmanship, conscious creation, heirloom design and mindful luxury.
    July 23, 2026
    Show AI Summary
    Rupee exchange-rate movements face pressure from elevated crude prices and equity outflows, moderated by possible central-bank intervention.
    Rupee exchange-rate movement in early foreign-exchange trading reflected a modest appreciation against the US dollar after depreciation in the preceding session. Possible dollar sales by state-owned banks, widely viewed as central-bank intervention, and a weaker US dollar supported the currency. Elevated crude-oil prices, foreign institutional equity outflows, and negative domestic equity-market sentiment continued to create downside pressure, although expected central-bank support was considered likely to limit losses.
    July 23, 2026
    Show AI Summary
    Official statistics dissemination uses digital validation, release calendars, anonymised microdata and accessible platforms to strengthen timeliness and transparency.
    Official statistics collection and dissemination are supported through digital survey platforms with built-in validation, real-time monitoring and supervisory quality controls. Consumer Price Index, National Accounts Statistics and Index of Industrial Production data are collected, compiled or validated through specified quality and timeliness mechanisms. An Advance Release Calendar supports accountable publication, while anonymised survey microdata, stakeholder engagement and digital portals improve transparency, accessibility and use of official statistics.
    July 23, 2026
    Show AI Summary
    Official statistical modernization strengthens macroeconomic measurement through revised bases, digital surveys, validated data collection and district-level estimates.
    Official statistical methodology and National Sample Surveys are periodically reviewed to reflect changing economic conditions, emerging data needs and international standards. Base revisions for key macroeconomic indicators incorporate updated data, expanded coverage, revised weights, administrative sources and improved estimation of the unincorporated sector. Survey methods are updated through expert consultation, pilot studies and field testing. Digital collection platforms, validation checks, real-time monitoring, AI-enabled tools and multilingual interfaces support improved data quality, quicker releases, high-frequency surveys and district-level estimates.
    July 23, 2026
    Show AI Summary
    Energy statistics reporting expands with internationally aligned consumption data, energy-sector credit flows, and improved coal and electricity coverage.
    Energy Statistics India 2026 reports Total Primary Energy Supply and renewable energy potential, supporting energy policy and infrastructure planning. Its 33rd edition adds data on credit flow to the energy sector, the international energy scenario, and international marine and aviation bunker use. It aligns end-use consuming sectors for energy commodities with international standards and addresses data gaps in industry-wise coal and electricity consumption.
    July 23, 2026
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    Competition approval for full acquisition integrates cash replenishment, ATM hardware, software, managed services and maintenance operations.
    Competition approval has been granted for The Brink's Company's acquisition of the entire equity share capital of NCR Atleos Corporation, which will become wholly owned and controlled by the acquirer. The acquirer provides cash replenishment and ancillary first-line maintenance in India. The target's Indian activities include ATM hardware manufacture and supply, ATM software development and licensing, ATM managed services, and first-line and second-line ATM maintenance.

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      SHIVIK LABS: TRIDENT, A Step Toward Self-Improving AI Systems Built on Reasoning

      December 24, 2025

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      TRIDENT Tree-of-Thoughts Noida (Uttar Pradesh) [India], December 24: Shivik Labs, an emerging leader in foundational AI research, announced the release of its latest research paper introducing TRIDENT (Thought-based Reasoning and Improvement through Deep Exploration of Neuronal Trees), a paradigm-shifting framework designed to break the "static intelligence" plateau of modern Large Language Models. The research demonstrates that AI models can achieve significant leaps in reasoning and problem-solving through autonomous self-improvement—completely bypassing the traditional requirements for human-annotated data, handcrafted reasoning traces, or expensive additional pretraining cycles. The End of Static Intelligence: TRIDENT's +14.14% Leap on GPQA Most large language models today improve primarily through scale—more data, larger parameter counts, or additional fine-tuning—rather than through improvements in their reasoning process itself. Their reasoning behaviour is effectively static: they produce answers in a single forward pass or by sampling multiple candidates, but they do not evaluate the quality of the intermediate reasoning paths they explore. As a result, models fail to learn which reasoning trajectories were effective, which were inefficient or misleading, and why a particular solution ultimately succeeded. TRIDENT is built to address this gap. Instead of treating reasoning as a static sequence of tokens, TRIDENT treats it as a structured search problem. They have open sourced the framework along with a model using the framework on Qwen3-4B, where the Shivik Labs team demonstrated that the TRIDENT framework could drive a performance surge from 28.28% to 42.42% on the GPQA (Graduate-Level Google-Proof Q&A) benchmark. This +14.14 percentage point gain is particularly notable because it was achieved without fine tuning it with more data. "Self-Correction Loops" — The model audits its own reasoning paths, identifying logical inconsistencies and refining its internal decision-making process autonomously. "The industry has been obsessed with scaling—more data, more parameters, more compute. TRIDENT proves that the next frontier isn't just bigger models, but smarter algorithmic improvements over the current increment in model sizes. We've built a system that doesn't just predict the next word; it understands how to navigate complex logic, identify its own errors, and learn from them autonomously." — Shivansh Puri, Co-Founder and Head of Research & Engineering, Shivik Labs A First-Principles Architecture: How TRIDENT Works TRIDENT moves beyond linear "Chain-of-Thought" reasoning. It treats reasoning as a multi-dimensional search, exploring various logical branches and depth simultaneously. This allows the system to evaluate the validity of different paths in real-time and select the most robust solution without human intervention. Core Innovations 1.Tree-of-Thoughts (ToT) Reasoning Policy TRIDENT moves beyond linear Chain-of-Thought reasoning by exploring multiple reasoning paths simultaneously. By structuring reasoning as a tree rather than a single sequence, the framework enables richer exploration of solution strategies and avoids early commitment to suboptimal reasoning paths. 2. GNN-Guided Reasoning Path Evaluation To guide Tree-of-Thoughts exploration efficiently, TRIDENT employs a Graph Neural Network to evaluate intermediate reasoning states. The GNN assigns promise scores to partial reasoning paths, enabling early pruning of unproductive branches and focusing computation on the most promising reasoning trajectories. 3. Self-Generative Reasoning Loop (SGRL) TRIDENT introduces an autonomous training loop in which the model generates its own reasoning traces, evaluates both final answers and intermediate reasoning using verifiable rewards, and improves without relying on human-authored chains of thought or preference data. All learning occurs during training, resulting in a standard deployable language model at inference time. Together, these components allow TRIDENT to improve reasoning through better exploration, evaluation, and learning—without increasing model size or requiring human supervision. Comprehensive Benchmark Results TRIDENT v5 demonstrates consistent improvement across multiple reasoning benchmarks: Benchmark Baseline (Qwen3-4B) TRIDENT v5 GPQA (0-shot) 28.28% 42.42% (+14.14pp) GSM8K (5-shot) 74.14% 86.58% (+12.44pp) MMLU (5-shot) 47.70% 72.61% (+24.91pp) Winogrande (0-shot) 59.60% 67.08% (+7.48pp) ARC-C (25-shot) 54.00% 59.00% (+5.00pp) TruthfulQA (0-shot) 54.90% 54.70% (-0.20pp) From Theory to the Field: The Shivik Labs Mission Shivik Labs is not a traditional academic laboratory. It functions as a deep-tech engineering unit focused on "functional intelligence." The TRIDENT framework is currently being stress-tested within Shivik, the company's flagship platform for construction execution and control. “Every powerful technology shapes who holds control. For years, we used systems where that control lived somewhere else. That was acceptable when we were learning, but not anymore. By working on real-world problems, we are rebuilding the ability to create intelligence here. Our conviction is simple: India should stand among those who define AI, not those who depend on it.” — Abhisek Khandelwal, Founder of Shivik Labs Khandelwal emphasizes that India's unique scale and logistical complexity serve as the ultimate proving ground. "Systems that can reason and operate effectively here are, by design, more resilient than those built in sanitized, lab-only environments." Research Paper: https://www.shivik.in/shivik-labs/trident Research Repository: https://huggingface.co/shiviktech/Trident What's Next for Shivik Labs? The publication of this paper marks only the beginning for Shivik Labs. The team is currently focused on working towards building indigenous reasoning AI model with the target of releasing it by early next year. They have already built the architecture and prototype and are now moving towards production ready model. They are aiming for releasing a small 2B model early next year (Q1-2026) with a target of building the world's most efficient & powerful model by the end of 2026 To accelerate the adoption of this framework, Shivik Labs is launching Collaborative Pilot Programs specifically for organizations facing "reasoning-heavy" challenges—such as complex logistics, forensic diagnosis, or strategic forecasting—where traditional AI currently falls short. This initiative is paired with a deep commitment to transparency and the democratization of innovation. Shivik Labs is making the TRIDENT research paper and key model artifacts publicly available on Hugging Face, inviting the global AI community of researchers, engineers, and industry leaders to explore the architecture and contribute to the future of autonomous, self-improving intelligence. About Shivik Labs Shivik Labs is a deep-tech research and engineering unit dedicated to building foundational intelligence architectures. Focused on the intersection of reasoning-centric models, Graph Neural Networks, and hardware-software integration, Shivik Labs develops autonomous systems that operate reliably in the real world. The Labs is powered by a high-octane group of researchers where 90% of the team is under the age of 25. This young, agile unit is unburdened by legacy AI paradigms, allowing them to move faster and think differently about the future of self-improving intelligence. Media Contact Shivik Labs Email: [email protected] Website: www.shivik.in Paper Authors Shivansh Puri, Abhisek Khandelwal, Vedant Joshi, Akash Yadav Shivik Labs (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI

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