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    Assam Exports First International Consignment of Purabi Ice Cream to Bhutan
    Building Deep and Resilient Financial Markets for a Viksit Bharat - Keynote Address delivered by Shri Rohit Jain, Deputy Governor at the Financial Ins...
    RBI issues Draft (Securitisation Transactions) Amendment Directions
    Rupee rises 5 paise to 95.77 against US dollar in early trade
    Woman GST officer, consultant caught taking Rs 60,000 bribe in Maharashtra's Jalna
    Zelenskyy has 'good meeting' with Trump at White House as he seeks more cooperation with US
    Creation of separate ministry infused new energy in India's cooperative movement: Amit Shah
    Railways operates first-ever direct freight train from Kolkata Port to Nepal's Biratnagar
    Haryana Cabinet approves housing, EV, MSME and governance reforms
    SC slams CBI, Delhi Police EoW over silence in Indiabulls probe, calls their conduct 'shocking'
    Govt introduces Bill in RS to tackle payment delays faced by MSMEs
    Regional Rural Banks (RRBs) Post Highest-Ever Net Profit of Rs. 10,177 Crore in FY 2025–26, show consistent improvement in other key financial param...
    Gross Non-Performing Assets (GNPA) of Public Sector Banks (PSBs) at historic low of 1.9% in FY 2025-26, achieve highest-ever net profit of ₹ 1.9...
    India's Toy Exports Soar 89.1%, Reflecting Strong Growth in Domestic Manufacturing
    India's Exports Scale Record US$ 863.1 Billion in FY 2025–26, Driven by Strong Trade with UAE, UK and Australia
    India's FTAs Deepen Global Market Access, Boost Export Diversification and Labour-Intensive Sectors.
    73 Sports Medal Winners of Chandigarh University get government jobs in 2025-26
    Centre orders sugar dealers to limit stocks to 30 days; stock limit at 4,000 quintals
    5 Credit Profile Checks That Can Improve Financial Health
    Gold Loan EMI or Bullet Repayment: Muthoot Finance Helps Choose Right in 2026
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    July 29, 2026
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    Processed dairy exports to Bhutan expand through compliance support, market access facilitation, and planned diversification of longer-shelf-life products.
    Processed dairy exports from Assam to Bhutan commenced with a Purabi Ice Cream consignment exported by North East Dairy and Foods Limited and manufactured through Assam's cooperative dairy network. The Agricultural and Processed Food Products Export Development Authority supported export documentation, regulatory compliance, market access and stakeholder coordination. The initiative seeks to expand value-added dairy exports from the North Eastern Region, with plans to introduce longer-shelf-life products and increase exports according to market demand.
    July 29, 2026
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    Financial-market depth requires reliable liquidity, risk transfer, transparent products and shared institutional responsibility for resilient long-term financing.
    Financial-market depth requires reliable liquidity and price discovery, efficient risk distribution, and diverse, meaningful participation across market conditions. Government and corporate bond markets, money markets, and foreign exchange and derivative markets should channel long-term savings into investment and enable management of interest-rate, currency and credit risks. Product innovation must serve genuine needs and be supported by suitability assessments, transparent disclosure, fair pricing, independent valuation and user risk-management capacity. Regulators, market institutions, issuers, investors and infrastructure providers share responsibility for resilient, transparent and trusted markets.
    July 29, 2026
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    Securitisation Note amendments seek stronger issuance efficiency, liquidity and transparency, with stakeholder consultation invited on proposed directions.
    Draft amendments to securitisation transaction directions seek to improve the efficiency, liquidity and transparency of issuing and subsequently transferring Securitisation Notes. The proposals apply to commercial banks, small finance banks, non-banking financial companies and all India financial institutions. Public and stakeholder comments are invited through the designated regulatory consultation platform or alternatively by post or email.
    July 29, 2026
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    Rupee appreciation reflected weaker dollar conditions, equity inflows, crude oil movements and positive domestic market sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar. A weaker US dollar, lower crude oil prices relative to earlier levels, positive domestic equity sentiment, and foreign institutional investors' net purchase of Indian equities were identified as key influences. The dollar index weakened ahead of a monetary policy announcement, while crude prices rose amid renewed geopolitical tensions. Domestic benchmark equity indices also advanced in early trade.
    July 29, 2026
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    Input Tax Credit unblocking allegedly involved illegal gratification, prompting a trap operation and apprehension of the officer and consultant.
    Alleged bribery connected with unblocking Input Tax Credit arose after an electronics trader received a show-cause notice and had its ITC blocked. A private tax consultant allegedly conveyed that a State GST officer demanded illegal gratification for unblocking the credit and encouraged the trader to settle the demand. Following a complaint, a trap operation allegedly led to the apprehension of the officer and consultant, with further legal action in progress.
    July 29, 2026
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    Defence production licensing and Russian energy sanctions shaped discussions on Ukraine's security capacity, missile supply and diplomatic engagement.
    Ukraine-US discussions addressed licences for domestic Patriot defence-system production, wider defence-production cooperation, technology exchange and missile supply funded through European resources. Ukraine also sought support for a sanctions bill designed to increase economic pressure on Russia by imposing tariffs on goods from major purchasers of Russian oil and gas and by sanctioning Russian leaders, financial institutions and energy projects. The proposed defence-production licence was identified as a longer-term measure, alongside calls for renewed diplomatic engagement.
    July 29, 2026
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    Cooperative-sector modernisation strengthens rural finance through expanded credit societies, online audits, institutional connectivity and technology-enabled cooperative banking.
    Cooperative-sector modernisation is presented as a mechanism for strengthening rural institutions, farmer prosperity and the rural economy. The separate Ministry of Cooperation provides an administrative, legal and policy framework for the cooperative movement. Key initiatives include establishing new primary agricultural credit societies and dairy cooperative societies, expanding business activities for primary agricultural credit societies, online auditing, and connecting cooperative institutions. District cooperative banks are described as important institutions for meeting the financial requirements of expanding service and dairy cooperative societies.
    July 28, 2026
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    Direct containerised rail freight movement enables seamless Kolkata Port-to-Biratnagar cargo transport without border transshipment under revised transit arrangements.
    Direct containerised rail freight movement between Kolkata Port and Biratnagar Customs Yard has commenced under the revised India-Nepal Rail Transit Protocol. The service enables end-to-end commercial rail carriage without border transshipment through the Jogbani-Biratnagar broad-gauge connection. Implementation of the revised Letter of Exchange operationalises direct commercial rail access, intended to reduce transit time, logistics costs and cargo handling while improving supply-chain efficiency, reliability and cross-border trade.
    July 28, 2026
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    State governance reforms expand housing relief, local audits, MSME support, property records, welfare measures and clean-vehicle tax incentives.
    The reforms provide concessional stamp duty and registration charges for eligible Economically Weaker Section housing beneficiaries, a statutory local-audit framework, and incentives for MSMEs and exports. They also establish rules for ownership records in Lal Dora areas and introduce a formula-based urban property-tax assessment framework with exemptions. Welfare measures cover compensation for specified unnatural custodial deaths, ex-Agniveer reservation, and compassionate appointments. Motor-vehicle tax measures provide a rebate for qualifying vehicles registered in women's names and exemptions for new electric vehicles.
    July 28, 2026
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    Investigation into alleged fund diversion faced scrutiny as agencies were required to disclose progress and decide on regular cases.
    Investigation into alleged dubious transactions and fund diversion involving Indiabulls Housing Finance Limited remained under scrutiny because investigating agencies did not provide an updated status or take a final decision on registration of regular cases. The Central Bureau of Investigation and Delhi Police Economic Offences Wing were required to file a comprehensive affidavit and status report. The allegations concern loans allegedly routed through corporate entities to promoter-linked companies, alongside inquiries involving financial, corporate-fraud and market-regulatory agencies.
    July 28, 2026
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    MSME payment-delay reforms propose faster dispute resolution, enforceable settlement recovery, and invoice discounting to strengthen supplier liquidity.
    The proposed amendment strengthens delayed-payment dispute resolution for micro and small enterprise suppliers through prescribed adjudication timelines and possible interim payment of at least half the awarded amount where a setting-aside application remains pending beyond six months. Mediated settlements and arbitral awards may be recovered as arrears of land revenue and are proposed to be legally enforceable debts under the insolvency framework. Central public sector enterprises would be required to route MSME invoice settlements through the Trade Receivables Discounting System.
    July 28, 2026
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    Regional rural bank oversight strengthens financial performance, technology adoption, diversified lending and financial inclusion in remote communities.
    Regional Rural Banks are regularly reviewed for financial performance, technology upgradation, MSME lending, loan diversification and financial inclusion in rural and remote areas. Their financial health improved over recent years, with growth in deposits, loans, credit-deposit ratio, net worth and capital adequacy, alongside improved asset-quality indicators. Financial-inclusion targets for bank-account access, micro-credit, insurance and pension schemes are set and periodically monitored to extend formal financial services.
    July 28, 2026
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    Emergency credit guarantee support addresses business liquidity mismatches while public sector banks report stronger asset quality and sectoral lending growth.
    Public sector banks reported improved balance-sheet health, rising business and lending, higher profits, stronger capital adequacy, and lower gross non-performing assets through FY 2025-26. Credit expanded across retail, agriculture, MSME, and infrastructure segments. Emergency Credit Line Guarantee Scheme 5.0 provides guarantee coverage to member lending institutions for eligible additional credit facilities addressing short-term liquidity mismatches, with full coverage for MSMEs and differentiated coverage for non-MSMEs and scheduled passenger airlines. Airline assistance is linked to peak credit outstanding and may require proportionate promoter or owner equity contribution above the applicable threshold.
    July 28, 2026
    Show AI Summary
    Toy quality regulation and export support strengthen domestic manufacturing, safety compliance, market access, and competitiveness in the Indian toy sector.
    Toy-sector measures combine quality regulation, import-duty changes, domestic manufacturing support, export facilitation, and promotional initiatives. The National Action Plan for Toys covers toy design, learning-oriented toys, quality monitoring, restrictions on unsafe imports, indigenous clusters, and domestic production. A Quality Control Order and BIS licensing framework support compliance with toy-safety standards. Cluster assistance, startup recognition, export-duty remission support, and zero-duty market access under specified trade agreements seek to strengthen competitiveness, while stated measures are associated with improved quality conformity, lower imports, and increased exports.
    July 28, 2026
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    Preferential market access under free trade agreements supports export diversification, labour-intensive sectors, and exporter use of tariff concessions.
    India's FTA framework is used to promote preferential tariff utilisation, export diversification and expanded market access. The Government monitors recently operationalised agreements through Certificates of Origin and partner-country trade data. Agreements with the UAE, Australia, Mauritius, Oman and EFTA are associated with increased product-line coverage, tariff preference utilisation and export opportunities. Labour-intensive sectors receive priority through preferential access, while calibrated tariff liberalisation and transition arrangements seek to protect sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal support exporters with market intelligence, rules of origin guidance, trade data and export-performance monitoring.
    July 28, 2026
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    Preferential Market Access under free trade agreements supports export diversification, labour-intensive sectors, tariff utilisation and data-driven trade facilitation.
    Preferential tariff utilisation under recently operationalised trade agreements is monitored through Certificates of Origin and partner-country trade data. Increased certificate issuance and expansion in exported HS-level tariff lines are treated as indicators of export diversification and market penetration. Labour-intensive sectors receive improved market-access opportunities under FTAs, while calibrated tariff liberalisation and transition arrangements preserve policy space for sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal provide exporters and policymakers with market intelligence, Rules of Origin guidance, FTA advisory services and trade-performance analytics.
    July 28, 2026
    Show AI Summary
    Sports-quota government recruitment recognised medal-winning student-athletes for public employment across defence, policing, railways and other government institutions.
    Sports-quota recruitment enabled medal-winning student-athletes to obtain government employment on the basis of sporting performances at state, national and international levels. Appointments covered armed forces, central armed police and paramilitary organisations, railways, police, the Income Tax Department, a public-sector bank, sports departments and other government institutions. The described sports framework provides scholarships, coaching, infrastructure, dietary support, travel, accommodation, equipment and selection-oriented physical, mental and personality-development training.
    July 28, 2026
    Show AI Summary
    Sugar stock controls require dealers to limit inventory duration and quantity, declare holdings, and curb speculative buying.
    Sugar dealers may not retain stock beyond thirty days from receipt or hold sugar above 4,000 quintals at any time or place. Government-account stocks and authorised Public Distribution System stocks are excluded. State Governments and Union territory administrations may prescribe limits only within the national ceiling and holding period. Dealers must declare and regularly update stock positions on the designated portal. The temporary restrictions are intended to maintain domestic availability, discourage speculative buying and contain sugar prices.
    July 28, 2026
    Show AI Summary
    Credit Profile Management requires timely repayments, controlled utilisation, selective borrowing and prompt correction of credit-report inaccuracies.
    A healthy credit profile depends on timely repayment of EMIs and credit-card dues, controlled credit utilisation and selective applications for new credit. Missed payments, sustained high utilisation and multiple hard enquiries may affect credit health and lender assessment. Individuals should periodically review credit reports for inaccurate personal details, closed loans recorded as active, missing repayment updates, duplicate loan entries or incorrect payment status, and promptly seek correction of discrepancies. Regular monitoring of credit score, repayment history, active accounts and enquiries supports informed credit-management decisions.
    July 28, 2026
    Show AI Summary
    Gold loan repayment structures require borrowers to weigh EMI interest savings against bullet repayment cash-flow flexibility and maturity obligations.
    Gold loans may be repaid through EMIs, which reduce principal and interest through periodic instalments, or through Bullet Repayment, which defers principal and accrued interest until maturity. The stated framework imposes tiered loan-to-value limits and caps consumption-purpose bullet loans at 12 months, with bullet-loan collateral assessment including projected interest. EMI repayment may reduce overall interest cost for borrowers with predictable income, while bullet repayment may preserve cash flow for borrowers expecting a defined future inflow. Borrowers should compare costs and review the Key Fact Statement before choosing a structure.

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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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