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    AU Small Finance Bank Brings a Range of Savings Accounts Built for Every Indian Customer
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    Spark Capital PWM Wins Three Global Private Banking Innovation Awards 2026; Arpita Vinay Named Asia’s Outstanding Wealth Management CEO
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June 8, 2026
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Savings account products with video KYC, app-based banking and segment-specific features shape AU Small Finance Bank's customer offering.
AU Small Finance Bank announced a range of savings accounts for different customer segments, with online account opening through video KYC, access through the AU 0101 mobile banking app, debit card options and interest rates shown through official channels. The accounts are described as paperless and available without branch visit for eligible customers, with app-based features for UPI, fund transfers, bill payments, debit card management, statements, auto-debits and rewards. Certain premium and family-linked features are subject to eligibility, minimum balance requirements and the bank's policies.
June 8, 2026
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GST TDS compliance covers registration, GSTR-7 filing, certificate issuance, and cash-ledger credit for accepted deductions.
Tax deduction at source under GST applies to specified government bodies and notified persons, with 2% for inter-State transactions and 1% each for intra-State transactions. Registration is required irrespective of turnover, and the portal process involves application submission, OTP verification, and final filing through digital signature, e-signature, or electronic verification code. GSTR-7 is filed for reporting deducted tax and payment, while Form GSTR-7A is issued as the TDS certificate after acceptance of the transaction. Accepted TDS is credited to the supplier's cash ledger, and excess or erroneous deduction is handled through the refund mechanism.
June 8, 2026
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Tax deductor registration under GST requires online filing, prescribed verification, and timely processing before GSTIN issuance.
Departments, establishments, local authorities, government agencies and notified persons making contractual payments above the prescribed threshold must register as tax deductors at source under GST and deduct tax at the applicable rate before remitting it to the GST account. Registration is filed online in the prescribed form and requires valid PAN or TAN, mobile number, e-mail ID, prescribed documents, place of business and an authorised signatory. The application is processed by the tax officer before GSTIN issuance, with prescribed timelines, status tracking, TRN validity, signature options and documentary requirements.
June 8, 2026
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GST TDS compliance framework explains threshold, deduction rates, registration, return filing, and certificate issuance for deductors.
TDS under GST applies to specified government and government-controlled deductors when payment or credit is made to suppliers of taxable goods or services under a contract exceeding Rs. 2,50,000, excluding GST and cess. The SOP explains the taxable threshold, intra-State and inter-State rates, exclusions for exempt or non-taxable supplies, the procedure for registration, challan payment, return filing in FORM GSTR-7, and issue of FORM GSTR-7A certificate. It also outlines late fee, interest, penalty, and refund consequences for non-compliance.
June 8, 2026
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Battery energy storage systems gain a scalable liquid-cooled design for industrial power, backup, and renewable integration.
Trex Energy announced the commercial launch of a liquid-cooled Battery Energy Storage System for commercial, industrial, and utility applications, combining a lithium iron phosphate battery, integrated energy management, AC/DC architecture, and fire suppression in a single-cabinet design. The system is presented as a scalable storage solution for on-grid and off-grid use, with compatibility for renewable generation, EV charging, backup power, and grid-support functions.
June 8, 2026
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Wealth management innovation recognized through leadership, client service and family office excellence at global private banking awards.
Spark Capital Private Wealth Management was recognised at the Global Private Banking Innovation Awards 2026 for leadership, client service and brand-building in private banking and wealth management. Arpita Vinay was named Outstanding Achievement by a Wealth Management CEO - Asia, reflecting the firm's client-centric, technology-driven and institutional advisory approach for ultra-high-net-worth and family office clients. The firm also received awards for Outstanding Wealth Management Service by a Multi-Family Office and Outstanding Marketing Campaign.
June 7, 2026
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Mango export quality concerns as weather-induced spotting threatens Himsagar shipments and import acceptance.
Weather-induced mango disease has affected the export prospects of Bengal's Himsagar mangoes, as dark spots on bagged fruit may make produce unsuitable for overseas shipment and organised retail sales. The spots are attributed to continuous rain during bagging followed by high temperatures, and exporters say such blemishes can lead to rejection by importers because export fruit is expected to be free from spotting. Export promotion efforts continue through fruit bagging, good agricultural practices, scientific harvesting and post-harvest handling to meet international quality standards.
June 7, 2026
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Domestic LPG pricing linked to global benchmarks sees hike as government keeps household cooking gas below import cost.
Domestic LPG prices were raised in response to higher international benchmark costs linked to West Asia disruptions, while the government continued to modulate consumer pricing for households. The revised retail price for a 14.2-kg cylinder in Delhi was stated at Rs 942, and Ujjwala beneficiaries were to pay an effective Rs 642 on the first four annual refills through a Rs 300 direct benefit transfer. The statement distinguished domestic LPG from fully market-priced commercial cylinders and said supply was maintained through increased production, diversified imports, and subsidy support.
June 6, 2026
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Trade and investment cooperation with Latin American and Caribbean countries expands through export facilitation, infrastructure upgrades and sectoral partnerships.
Madhya Pradesh urged stronger trade and investment engagement with Latin American and Caribbean countries, highlighting rising exports and broad scope for bilateral cooperation in sectors such as pharmaceuticals, agriculture and food processing, information technology, biotechnology, energy, mining, logistics, manufacturing and tourism. The state government also proposed export infrastructure measures, including export facilitation centres, quality testing and certification facilities, upgraded export hubs, stronger buyer-seller linkages, improved export finance and risk coverage mechanisms, and skill development for exporters.
June 6, 2026
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Arctic logistics and aluminium value addition shape Andhra Pradesh's push to become a strategic trade and manufacturing hub.
Andhra Pradesh was presented as a strategic gateway for Arctic logistics and broader global trade, supported by its coastline, ports and logistics infrastructure. The discussion stressed resilient supply chains, shorter shipping routes, two-way cargo movement and stronger economic connectivity. Separate talks with RUSAL focused on expanding aluminium value addition in the state through downstream manufacturing, smelting capacity and an integrated industrial ecosystem linked to ports, logistics and renewable energy.
June 6, 2026
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GI-tagged Tezpur litchi festival highlights export growth, value addition and wider market opportunities for growers.
Tezpur Litchi Festival 2026 highlighted Assam's GI-tagged Tezpur litchi as a crop with growing export and agro-processing potential. The event brought together farmers, exporters, scientists, entrepreneurs and policymakers to discuss market expansion, branding, value addition and improved cultivation practices, while fresh export initiatives were announced for Dubai and Singapore. The festival also showcased innovative litchi-based products, exhibitions, seminars and farmer recognition to strengthen commercial visibility and market reach.
June 6, 2026
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Carbon credit trading and green hydrogen standards shaped India's WTO climate engagement and low-carbon transition agenda.
India presented its carbon credit trading framework and renewable energy standardisation initiatives at WTO Trade and Environment Week 2026, linking them to sustainable development, clean energy transition and nationally determined contributions under the Paris Agreement. The discussion highlighted India's evolving national carbon market architecture under the Carbon Credit Trading Scheme, including a national electronic carbon credit trading platform and market-based incentives for greenhouse gas emission reduction. It also referred to technical criteria for classifying hydrogen as Green Hydrogen and to transparency concerns around unilateral trade-restrictive climate measures.
June 6, 2026
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Maritime insurance self-reliance gains momentum as the Bharat Maritime Insurance Pool lowers risk-cover premiums.
A workshop on the Bharat Maritime Insurance Pool brought together maritime and insurance stakeholders to discuss current insurance covers available through the pool and the industry's requirements for protection and indemnity coverage in India. The discussions centred on the need for a reliable, sustainable and internationally acceptable domestic P&I framework, with the pool presented as a means of supporting maritime risk cover and reducing dependence on foreign P&I arrangements for Indian shipping interests. Premium reductions under the pool were highlighted for hull war and cargo war-risk covers, with the benefit of sovereign guarantee described as making maritime insurance more affordable.
June 5, 2026
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Trade and investment forum in Madhya Pradesh to showcase industrial infrastructure and export potential across key sectors.
Diplomatic representatives from more than 15 Latin American and Caribbean countries are to participate in a trade and investment forum in Indore organised to discuss trade and investment opportunities in Madhya Pradesh. The event will showcase the State's industrial infrastructure, export potential and investment prospects across sectors including pharmaceuticals, packaging materials, engineering, textiles and food processing.
June 5, 2026
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Bilateral trade agreement negotiations advance as India and the US hold positive talks on goods, customs and facilitation.
India and the US held positive and constructive negotiations to advance an interim bilateral trade deal and a broader trade agreement. The talks followed an earlier framework for reciprocal and mutually beneficial trade and were intended to firm up that arrangement through continuing engagement. Discussions covered trade in goods, non-tariff measures, customs and trade facilitation, economic security alignment, and other areas of mutual interest, with both sides reaffirming their commitment to carry the agreement forward.
June 5, 2026
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Fisheries infrastructure modernisation drives export-oriented growth with funding for Kakinada Fishing Harbour and stronger export facilities.
Centre sanctioned funding for modernisation of Kakinada Fishing Harbour into a smart harbour under the Pradhan Mantri Matsya Sampada Yojana, to improve landing facilities and promote fish exports. The upgrade is stated to support berthing for about 423 vessels, handle annual landings of around 74,448 tonnes, and generate substantial employment. The ministry also said it was ready to establish a regional office of the National Fisheries Development Board at Kakinada if land is provided by the state government.
June 5, 2026
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Foreign capital inflows and forex liquidity measures lift the rupee as the repo rate stays unchanged.
The rupee appreciated after the Reserve Bank announced measures intended to support foreign capital inflows and strengthen forex liquidity. The Monetary Policy Committee kept the repo rate unchanged with a neutral stance while raising the inflation forecast and lowering the growth projection. Analysts said the policy package could aid near-term rupee appreciation, subject to oil prices and the actual scale of dollar mobilisation.
June 5, 2026
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Bullion prices weaken as West Asia tensions, a stronger rupee, and tighter global monetary signals pressure gold and silver.
Bullion prices weakened amid shifting geopolitical signals from West Asia, with gold and silver extending volatile moves in domestic and international markets. Domestic gold prices fell after brief recovery in the previous session, while silver recorded a sharper decline, reflecting continued uncertainty in precious metal markets. Analysts linked the weakness to international market softness, a stronger rupee, and fragile sentiment created by unresolved regional tensions alongside expectations that interest rates may stay elevated for longer. The domestic currency and policy backdrop also influenced bullion pricing, with measures to attract foreign capital and support the rupee adding pressure on gold prices.
June 5, 2026
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Regulatory oversight and crony capitalism dominate Congress criticism over alleged Rajesh Exports misrepresentation and delayed enforcement.
Congress questioned the role of probe agencies and the government's regulatory oversight in relation to allegations surrounding Rajesh Exports, relying on SEBI's interim order and saying the case reflects a wider problem of crony capitalism and weak enforcement. SEBI's interim findings were described as indicating large-scale misrepresentation of financial statements, routing and layering of funds through personal accounts and related entities, and inadequate disclosures or supporting documentation.
June 5, 2026
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GDP growth and macroeconomic stability drive India's expansion amid oil price pressure and supply-chain disruptions.
India's economy recorded 7.8 per cent GDP growth in the January-March quarter, with full-year growth rising to 7.7 per cent, supported by strong domestic demand, government expenditure, healthy consumption and robust investment activity. Gross value added also increased, indicating that expansion was backed by production momentum as well as demand. The growth performance was driven mainly by secondary and tertiary sectors, while private final consumption expenditure and gross fixed capital formation showed strong expansion.

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EC-Council Launches ADG AI Framework and Self-Assessment Tool to Help Organizations Secure and Govern AI at Scale

May 29, 2026

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Created in collaboration with practitioners from Citi, JPMorgan Chase, Microsoft, KPMG, Deloitte, NTT Data, GE Healthcare, GlobalLogic, Prudential and Salesforce Hyderabad, Telangana, India (NewsVoir) EC-Council, the global credentialing body responsible for the internationally recognized Certified Ethical Hacker (CEH) certification and one of the world’s leading authorities in cybersecurity education, workforce development, and standards-based training, has today announced the launch of its proprietary Adopt. Defend. Govern. (ADG) AI Framework and a free AI Readiness Self-Assessment Tool to help organizations securely adopt, operationalize, and govern artificial intelligence at scale.

Developed with input from practitioners and advisory board members across organizations including Citi, JPMorgan Chase, Microsoft, KPMG, Deloitte, NTT Data, GE Healthcare, GlobalLogic, Prudential and Salesforce, the ADG Framework gives enterprises a unified operating model; three pillars, 12 minimum controls, and nine governance surfaces. The framework is designed to align with the EU AI Act, ISO/IEC 42001, and the NIST AI RMF.

The urgency around AI governance is rising as organizations and enterprises accelerate AI adoption across business operations. Global AI spending is projected to reach $2.5 trillion in 2026, reflecting the speed and scale of enterprise deployment. Yet governance maturity remains critically low: industry findings show that only 1% of leaders believe their AI governance capabilities have reached maturity, while 78% of executives say they would not feel confident in passing an AI governance audit within the next 90 days.

The widening gap between AI acceleration and AI accountability is increasing pressure on organizations to address technical, societal, operational, and systemic AI risk at the same time. Many are deploying increasingly autonomous AI systems while still relying on fragmented policies, outdated security models, and governance structures that struggle under real-world operating pressure.

The ADG Framework has been developed to close this gap. More than a theoretical governance model, ADG is a practitioner-led execution framework engineered for real-world deployment. Designed by professionals actively managing AI risk in some of the world’s most complex operating environments, the framework establishes enforceable minimum controls, operational validation standards, governance surfaces, implementation overlays, and accountability mechanisms that organizations can apply across AI systems, agentic AI environments, multi-model architectures, and large language model ecosystems.

“Most organizations approached AI with a deploy-first mindset, prioritizing speed while governance and security struggled to keep pace,” said Jay Bavisi, Group President, EC-Council. “The result is that organizations are now scaling AI systems faster than they can securely govern them. The ADG Framework was developed to restore operational discipline, establish accountability, and help organizations operationalize AI responsibly before governance failures become systemic business liabilities.” AI Without Guardrails Is a Business Risk The ADG Framework is organized around three deeply integrated operational functions designed to create a complete governance life cycle for modern AI systems: Adopt Helps organizations align AI deployment with business objectives, operational readiness, workforce capability, and implementation accountability.

Defend Focuses on securing AI systems against evolving threats including prompt injection, adversarial manipulation, model exploitation, data poisoning, and AI supply chain compromise.

Govern Embeds oversight, auditability, governance accountability, and risk management into AI systems from deployment through enterprise-scale operations.

Together, the framework introduces 12 minimum controls, nine governance surfaces, nine deployment overlays, and three autonomy tiers covering technical, societal, operational, and systemic AI risk domains. Every control references major global standards and frameworks including the EU AI Act, ISO/IEC 42001, NIST AI RMF, OWASP Top 10 for LLM and Agentic AI, and MITRE ATLAS, helping organizations strengthen governance maturity while reducing compliance fragmentation.

AI Readiness Self-Assessment Tool Introduces Operational Visibility Alongside the framework, EC-Council has launched a free AI Readiness Self-Assessment Tool to help organizations evaluate their governance posture before vulnerabilities emerge at scale.

The tool enables organizations to measure AI maturity across governance readiness, implementation discipline, operational resilience, security posture, and accountability structures while mapping findings into a prioritized implementation roadmap. For boards, regulators, and executive leadership teams facing growing scrutiny around AI governance, the tool provides an evidence-based view of organizational AI exposure and governance preparedness.

“The framework’s three pillars reflect the cross-functional model that leading AI organizations like Salesforce have used to scale AI responsibly. It establishes a solid, replicable blueprint across any industry, deployment model, or regulatory environment.” said Kathy Baxter, Principal Architect, VP of Responsible AI & Tech at Salesforce, AI Advisory Board Member, and Contributor to the ADG Framework.

New AI Certifications Aligned to the ADG Framework To support implementation of the framework, EC-Council has also introduced three new AI certifications aligned with the ADG operating model. The certifications are designed to help organizations build workforce capabilities around AI governance, offensive AI security, and responsible AI implementation.

The certifications include: • Certified AI Program Manager (CAIPM) • Certified Offensive AI Security Professional (COASP) • Certified Responsible AI Governance and Ethics Professional (CRAGE) The programs help practitioners evaluate, test, secure, and govern AI systems across modern operating environments.

“The ADG Framework is the operating model that enterprise AI has been missing. It turns abstract standards into auditable practices and resolves the real tension between delivery speed and safety. For a board, that is the difference between scaling a fleet of agents with confidence and taking a leap of faith.” said Lewis V. Adams, VP, Enterprise AI & Capital Productivity Transformation at Citi, AI Advisory Board Member, and Contributor to the ADG Framework.

Open, Community-Driven, and Built to Scale The ADG Framework is designed as an open, community-driven initiative that organizations can adopt freely, without licensing fees or vendor lock-in. It is structured to evolve alongside AI technologies while enabling practitioners, enterprises, governance leaders, and security teams to contribute to the continued development of operational AI governance standards.

“The industry doesn’t lack AI frameworks; it lacks operational clarity. The ADG framework places a strong emphasis on AI security, particularly in addressing adversarial risks and model vulnerabilities, while also mapping broader governance and regulatory expectations. What’s especially valuable is its inclusion of measurable indicators, which helps organizations move from high-level principles to more actionable and trackable AI risk management as they transition into real-world deployment.” said ShanShan Pa, Global Head of AI & Data Governance at GlobalLogic, AI Advisory Board Member, and Contributor to the ADG Framework.

The ADG AI Framework, AI Readiness Self-Assessment Tool, implementation guidance, and supporting certification programs are now available through EC-Council Official Website.

About EC-Council EC-Council is the creator of the Certified Ethical Hacker (CEH) program and a leader in cybersecurity education. Founded in 2001, EC-Council’s mission is to provide high-quality training and certifications for cybersecurity professionals to keep organizations safe from cyber threats.

EC-Council offers over 200 certifications and degrees in various cybersecurity domains, including forensics, security analysis, threat intelligence, and information security.

An ISO/IEC 17024-accredited organization, EC-Council has certified over 400,000 professionals worldwide and serves clients ranging from government agencies to Fortune 100 companies. EC-Council is the gold standard in cybersecurity certification, trusted by the U.S. Department of Defense, the Army, Navy, Air Force, and leading global corporations.

(Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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