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    Union Minister of State for Commerce & Industry Shri Jitin Prasada Concludes Official Visit to the Czech Republic to Strengthen Bilateral Economic Coo...
    Rs 145 cr FD 'fraud': ED raids over 10 locations in Haryana, Punjab
    Indian eco remains stable despite West Asia conflict pushing energy prices, input costs higher: RBI bulletin
    FM meets heads of banks on AI risks following concerns over Anthropic's Mythos
    West Asia conflict, supply chain disruptions may create challenges to economy: RBI bulletin
    RBI issues Draft Master Direction on Prepaid Payment Instruments (PPIs), 2026
    Zen Mobility and Delhivery Announce EV Partnership for Pan-India Deployment
    PixerLens and Tata Consultancy Services Partner to Deliver AI-Powered Application Intelligence on TCS SovereignSecure™ Cloud
    Introduction of IMS Offline Tool
    Minutes of the Monetary Policy Committee Meeting, April 6 to 8, 2026 [Under Section 45ZL of the Reserve Bank of India Act, 1934]
    TCS case: No interim relief to arrested employee in related matter; court cites 'criminal antecedents'
    Karnataka: Commercial Taxes Dept busts Rs 410 crore GST fraud network, arrests one
    West Asia crisis, inflation weighed on RBI panel's decision on interest rate: MPC minutes
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    Rs 1.3 crore GST ITC fraud busted, 1 held in Lucknow
    Wall Street ticks higher in early trading with tenuous ceasefire tested in Iran
    MPC members voted for status quo on rates amid West Asia crisis: RBI minutes
    West Asia crisis: Govt considering customs duty cut on critical induction cooktop components
    MSCB scam: Court discharges NCP (SP) leader Rohit Pawar, others in ED case
    Atal Pension Yojana (APY) Crosses Historic Milestone: Total Gross Enrolments Surpass 9 Crore.
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April 24, 2026
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Bilateral economic cooperation deepens as India and the Czech Republic expand trade, investment, innovation and industrial collaboration.
India's economic engagement with the Czech Republic was advanced through a ministerial visit focused on strengthening bilateral trade, investment and innovation linkages, with emphasis on industrial collaboration in priority sectors. The visit included bilateral discussions with senior Czech leadership, co-chairing of the 13th session of the India-Czech Republic Joint Commission for Economic Cooperation, and the signing of the session protocol. It also involved the India-Czech Business Forum and visits to industrial, technology and research institutions.
April 23, 2026
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Money-laundering investigation over forged authorisations and diverted municipal deposits exposes alleged nexus among officials and private persons.
Money-laundering searches were conducted in an alleged fraud involving municipal fixed deposits, where funds of the Panchkula Municipal Corporation were said to have been diverted through forged and fake authorisation documents. The investigation concerns unauthorised bank accounts, fake fund-migration letters, and transfer of corporation funds to financiers, private persons and real estate entities, with seized documents and allegations of a criminal nexus among municipal, bank and private persons.
April 23, 2026
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Supply chain disruptions and energy cost pressures test Indian economic resilience amid West Asia conflict.
Indian economy remains resilient despite the West Asia conflict driving up energy prices, input costs and supply chain pressures, while inflation continues within the tolerance band. The article warns that prolonged conflict and delayed restoration of supply chains may raise energy costs, disrupt trade flows and create financial market spillovers, and it notes the need to watch for possible second-round effects if the supply shock passes into broader demand-side pressures.
April 23, 2026
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Artificial intelligence cybersecurity risks prompt banks to strengthen financial systems, data protection, and customer fund security.
Artificial intelligence-related cybersecurity risks in the financial sector were discussed in a meeting between the Finance Minister and heads of banks, with participation of the Reserve Bank of India and the Ministry of Electronics and Information Technology. The discussion focused on the need for banks to take pre-emptive measures to secure systems, customer data and funds in light of global concerns raised by Anthropic's Mythos model, which has been reported to identify and exploit vulnerabilities in operating systems and browsers and to present potential misuse risks. The ministry and the RBI are examining the extent of risk faced by the Indian financial sector and assessing safeguards at their end.
April 23, 2026
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Supply chain disruptions and West Asia conflict raise inflation and growth risks for the domestic economy.
Persistent conflict in West Asia and continuing supply chain disruptions are identified as risks to the domestic economy through higher energy costs, input cost pressures, trade flow interruptions and financial market spillovers. The inflation and growth outlook is described as vulnerable to the intensity and duration of the conflict, particularly where energy and other infrastructure are damaged. Although inflation remains within the tolerance band, upside risks have increased because of supply-side disruptions and weather-related uncertainties.
April 23, 2026
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Prepaid Payment Instruments framework revised through draft direction aimed at stronger transaction security and long-term growth.
The Reserve Bank has released a draft Master Direction on Prepaid Payment Instruments after reviewing the existing guidelines, aiming to support long-term growth of PPIs and enhance transaction security. Regulated entities, members of the public and other stakeholders may submit feedback through the designated online regulatory channel within the consultation period.
April 23, 2026
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Electric vehicle logistics partnership expands pan-India delivery operations with lower costs, higher uptime, and sustainability focus.
Zen Mobility and Delhivery entered into a Memorandum of Understanding for a long-term partnership to deploy purpose-built electric vehicles across India over the next 3-5 years. The rollout covers electric two-wheelers, three-wheelers and four-wheelers customised to city-wise and route-wise logistics needs across Tier 1, Tier 2 and Tier 3 cities. Zen Flo will support deployment and fleet operations, while the arrangement is presented as reducing last-mile logistics costs, improving vehicle uptime and advancing lower-carbon delivery operations.
April 23, 2026
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Secure AI adoption on sovereign cloud through a partnership focused on compliance, governance, and enterprise resilience.
PixerLens and Tata Consultancy Services announced a strategic partnership to deploy PixerLens' AI platform on the TCS SovereignSecure Cloud as a joint enterprise offering. The collaboration focuses on AI-powered application intelligence for vulnerability management, application performance, quality, security, audit readiness, compliance, and operational resilience. It also emphasises secure AI adoption within a cloud environment designed to maintain data sovereignty, security, regulatory compliance, governance, visibility, and resilience.
April 23, 2026
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Invoice Management System offline tool streamlines GST invoice actions, validation, and JSON upload for taxpayer compliance.
The GST Invoice Management System has been supplemented with an Excel-based offline tool to improve taxpayer convenience and ease of compliance. The utility enables recipient taxpayers to act on invoice records uploaded through GSTR-1, GSTR-1A, or IFF by accepting, rejecting, or keeping them pending, and to handle individual as well as bulk invoices efficiently. The offline process requires downloading IMS data in JSON format, opening it in the tool, taking the required action, validating the sheet, and generating a JSON file for upload back to the GST portal.
April 23, 2026
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Monetary policy stance remains neutral as the repo rate stays unchanged amid supply shock risks and contained inflation pressures.
The Monetary Policy Committee reviewed evolving global and domestic macroeconomic conditions and unanimously kept the policy repo rate unchanged at 5.25 per cent under the liquidity adjustment facility. The standing deposit facility rate remained at 5.00 per cent, while the marginal standing facility rate and Bank Rate remained at 5.50 per cent. The Committee also continued with a neutral stance, treating the West Asia conflict as a supply shock that created downside risks to growth and upside risks to inflation, while noting that underlying inflation pressures remained contained and inflation expectations anchored.
April 22, 2026
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Interim protection from arrest refused in a harassment and religious feelings case amid serious criminal antecedents.
Interim protection from arrest was refused in a case involving allegations of sexual harassment, forcible conversion and deliberate acts intended to outrage religious feelings. The court noted serious criminal antecedents, wide social repercussions, and that the investigation was at a nascent stage, observing that the applicant's alleged conduct could not be viewed in isolation. The accused, already in judicial custody in a connected matter, had sought interim bail while the prosecution was directed to file its response.
April 22, 2026
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Fraudulent Input Tax Credit network exposed through bogus firms, fake invoices and layered GST routing across multiple states.
Large-scale GST fraud involving the generation and routing of fraudulent Input Tax Credit across multiple States was uncovered by the Commercial Taxes Department. The mechanism involved multiple fictitious business entities issuing fake tax invoices without actual supply of goods and passing ineligible ITC to entities in Karnataka, Andhra Pradesh and Tamil Nadu. The fraudulent ITC was further routed to works contractors and traders for discharging tax liabilities through credit instead of cash payment, causing loss to the government exchequer.
April 22, 2026
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Monetary policy caution: RBI keeps repo rate unchanged as West Asia conflict fuels inflation and growth risks.
The Monetary Policy Committee retained the repo rate unchanged and continued with a neutral stance after assessing the effect of the West Asia conflict on inflation, growth, energy supplies and global trade flows. Members treated the disruption as a supply shock marked by higher crude and commodity prices, a weaker rupee, logistics constraints and uncertainty over the persistence of inflationary pressure. The committee adopted a cautious wait-and-watch approach while emphasising vigilance on inflation expectations and the risks to growth.
April 22, 2026
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RBI approval for part-time chairman appointment highlights regulated bank governance and conditional leadership transition.
Reserve Bank of India granted prior approval for Debasish Panda's appointment as part-time chairman of Bandhan Bank for three years, effective from the date he assumes charge and subject to regulatory conditions. The bank said the proposal would be placed before its Nomination and Remuneration Committee and Board for consideration and approval.
April 22, 2026
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GST input tax credit fraud through bogus firms, forged documents, and fake invoices exposed in a loan-lure racket.
GST input tax credit fraud involving bogus firms was allegedly carried out by collecting Aadhaar and PAN details on the pretext of Mudra loans, obtaining SIM cards, and registering fake GST entities with forged rent agreements and electricity bills. The shell entities were used to generate fake invoices and e-way bills, project fictitious transactions as genuine, and sell fraudulent ITC on commission. A case was registered on a complaint about a non-existent firm claiming ineligible ITC, and one accused was arrested.
April 22, 2026
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Market volatility and energy disruption concerns shape cautious trading as investors watch the Iran ceasefire and Strait of Hormuz.
Wall Street traded cautiously higher in premarket action as markets reacted to an extended ceasefire involving Iran and continuing uncertainty over whether the truce would hold. Oil prices remained volatile amid concern over energy disruption and the Strait of Hormuz, while broader global markets showed mixed moves. The report also noted company-specific trading in Boeing and Best Buy, and wider market reactions in Europe and Asia against the backdrop of inflation pressure, trade deficits, and tariff-related supply effects.
April 22, 2026
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Monetary policy rates stay unchanged as West Asia conflict raises inflation, growth and supply chain risks.
The Monetary Policy Committee retained the benchmark repurchase rate unchanged and maintained a neutral stance amid uncertainty from the West Asia conflict. The minutes describe the situation as a supply shock affecting exports, critical commodity supplies, energy and other commodity prices, remittances, trade flows, and global demand, with supply chain disruptions and a weaker rupee creating upside risks to inflation and downside risks to growth.
April 22, 2026
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Customs duty relief and GST reduction on induction cooktops aim to ease prices and support domestic manufacturing amid crisis-driven supply stress.
Consideration of a customs duty reduction on critical induction cooktop components and a proposed GST reduction on induction cooktops seeks to support domestic manufacturing and improve affordability amid supply disruption caused by the West Asia crisis. The government has also extended the implementation timeline for the mandatory quality control order on certain electrical appliances and pushed back related energy efficiency timelines. Parallel facilitative steps were taken by the Petroleum and Explosives Safety Organization to maintain uninterrupted fuel and gas availability through approvals, temporary relaxations, and infrastructure-related guidelines.
April 22, 2026
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Money laundering prosecution linked to cooperative bank scam and predicate offence closure report in focus
A special court considered discharge applications in an Enforcement Directorate money-laundering case linked to the Maharashtra State Co-operative Bank scam. The prosecution stemmed from allegations of fraudulent sale of cooperative sugar mills without due procedure and irregular loan disbursal causing losses to the state exchequer. The ED had filed a main prosecution complaint and supplementary complaints against 17 accused and opposed discharge, citing pending proceedings related to the underlying closure report and writ petition. The issue concerned the continuation of the money-laundering case after acceptance of the closure report in the predicate offence.
April 22, 2026
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Atal Pension Yojana expands voluntary pension security with guaranteed benefits, spouse continuation, and nominee corpus return.
Atal Pension Yojana is a voluntary, contributory pension scheme administered by the Pension Fund Regulatory and Development Authority as part of India's social security framework for workers in the unorganised sector and other eligible citizens. It provides a guaranteed monthly pension at 60 years of age, continuation of the pension to the spouse after the subscriber's death, and return of the accumulated corpus to the nominee after the death of both. Eligibility is limited to Indian citizens aged 18 to 40 years who are not income tax payers.

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PixerLens and Tata Consultancy Services Partner to Deliver AI-Powered Application Intelligence on TCS SovereignSecure™ Cloud

April 23, 2026

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PLEASANTON, Calif., April 23, 2026 /PRNewswire/ -- PixerLens, Inc. announces a strategic partnership with Tata Consultancy Services (TCS) to jointly deliver advanced AI-powered solutions to enterprises worldwide. As part of this partnership, PixerLens' AI platform, Annotet AI, will be deployed on the TCS SovereignSecure™ Cloud and made available to customers globally as a joint offering. PixerLens Logo This partnership brings together PixerLens' AI-powered application, Annotet Pulse, with TCS' global delivery capabilities and enterprise cloud ecosystem. Together, the two companies will enable organizations to enhance their technology security posture through proactive vulnerability management, improve application performance and quality through functional, performance, code, and security insights; that enables audit, compliance, and operational resilience through unified AI-powered insights. By integrating Annotet Pulse within the TCS SovereignSecure™ Cloud, enterprises can adopt advanced AI capabilities while maintaining strict compliance with data sovereignty, security, and regulatory requirements. This collaboration enables organizations across verticals to operationalize AI securely while improving governance, visibility, and resilience across their software ecosystems. "Partnering with Tata Consultancy Services marks a significant milestone for us at PixerLens. By working closely with TCS' SovereignSecure™ Cloud, we aim to enable secure, scalable AI adoption and help enterprises move from fragmented insights to AI-driven, proactive decision-making at scale." — Rajesh Devidasani, CFO & Head of Corporate Development, PixerLens "We are looking forward to collaborating with PixerLens, Inc., to help enterprises adopt intelligent sovereign cloud solutions. This partnership will strengthen digital security, compliance, and scalability at scale with the AI-powered TCS SovereignSecure Cloud™. TCS has infused its rich industry experience, vast contextual knowledge, and in-depth cloud expertise into TCS SovereignSecure™ Cloud that can foster a trusted infrastructure." — Satishchandra Doreswamy, Global Head, TCS SovereignSecure™ Cloud About PixerLens PixerLens, Inc. is an AI technology company building enterprise-grade AI applications using its patent-pending platform, Annotet AI. Applications include: Annotet Pulse- Provides enterprises with unified, AI-driven insights into their infrastructure and applications footprint. It addresses dimensions of quality, performance, and security posture through proactive identification of risks and recommended remediations. Annotet IDP- An Intelligent Document Processing agentic application that enables organizations to extract, process, and derive insights from large volumes of structured and unstructured content. Learn more at www.pixerlens.com Media Contact [email protected] About TCS Tata Consultancy Services (BSE: 532540, NSE: TCS) is the technology partner of choice for industry-leading organizations worldwide. Since its inception in 1968, TCS has upheld the highest standards of innovation, engineering excellence and customer service. It has set an aspiration to become the world's largest AI-led technology services company and is enabling its clients to transform themselves across the full AI stack, from infrastructure to intelligence. Rooted in the heritage of the Tata Group, TCS is focused on creating long term value for its clients, its investors, its employees, and the community at large. With a highly skilled workforce spread across 55 countries and 202 service delivery centers across the world, the company has been recognized as a top employer in six continents. With the ability to rapidly apply and scale new technologies, the company has built long term partnerships with its clients – helping them emerge as perpetually adaptive enterprises. Many of these relationships have endured into decades and navigated every technology cycle, from mainframes in the 1970s to artificial intelligence today. TCS sponsors 14 of the world's most prestigious marathons and endurance events, including the TCS New York City Marathon, TCS London Marathon and TCS Sydney Marathon with a focus on promoting health, sustainability, and community empowerment. TCS generated consolidated revenues of over US $30 billion in the fiscal year ended March 31, 2026. For more information, visit www.tcs.com Logo: https://mma.prnewswire.com/media/2963209/PixerLens_Logo.jpg' alt='Embedded Media' /> Logo: https://mma.prnewswire.com/media/2963208/Annotet_Logo.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR

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