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    At 22 pc, Haryana GST collection growth rate in May highest in country: State govt
    'Malicious actors' attempted to disrupt re-evaluation portal services: CBSE
    Chandigarh University Becomes India's First Private University to Establish 'IndiaAI Data Lab' in Collaboration with Intel India
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June 2, 2026
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State GST collections in Haryana lead the country, driven by strong revenue growth and efficient tax administration.
Haryana reported the highest growth rate among states in state GST collections for May 2026, with a year-on-year increase of 22 per cent against the national average of 6 per cent. The state also ranked first in cumulative growth in state GST revenue for the first two months of 2026-27, with growth of 40 per cent over the comparable period of the previous financial year. The statement attributed the sustained increase to the growing economy of the state and efficient tax administration.
June 2, 2026
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Re-evaluation portal security and online filing rules shape CBSE's answer-book verification process for students seeking review
CBSE reported cyberattacks on its re-evaluation portal and said the online facility for verification of issues in scanned answer books and re-evaluation of answers was available only to students who had obtained scanned copies of evaluated answer books. The portal required Aadhaar-based verification, permitted online-only submission and payment, allowed only one application each for verification and re-evaluation, and treated details as locked after the payment stage was initiated. The process covered specified scanning and evaluation issues, used a limited filing period, and communicated the request outcome after completion.
June 2, 2026
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Artificial intelligence and data science training expands through a new industry-linked lab, certifications and practical learning programmes.
Chandigarh University established an 'IndiaAI Data Lab' in collaboration with Intel India to strengthen student employability through industry-relevant training in artificial intelligence, data science and emerging technologies. The lab is intended to function as a simulated apprenticeship and practical learning space for computing and computer science engineering students, with access to AI tools, real-world projects and hands-on exposure aligned with global industry standards. As part of the same partnership, the university launched MCA (Data Science) and BCA (Data Science) programmes in association with Intel India, with semester-wise Intel certifications to improve industry readiness.
June 2, 2026
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Trade agreement negotiations focus on tariff recalibration, market access commitments, and possible Section 301 trade action.
India and the United States began talks to finalise an interim trade agreement and advance a broader bilateral trade agreement. The framework contemplates tariff reductions on US industrial and agricultural goods, proposed Indian purchases of US products over five years, and possible recalibration in light of changed US tariff conditions and the prospect of fresh action under the Section 301 mechanism.
June 2, 2026
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Wholesale Price Index revision expands coverage, updates methodology and introduces producer price indices for broader price measurement.
Revision of the Wholesale Price Index base year from 2011-12 to 2022-23 has been approved, together with compilation and release of new Producer Price Indices. The revised WPI series, along with Output PPI, Trial Input PPI and Service PPI, is scheduled for release on 15 June 2026 and will replace the existing WPI series. The framework is intended to support transition from WPI to PPI, while allowing a five-year continuation of WPI for price escalation use before discontinuation.
June 2, 2026
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Money laundering investigation over alleged homebuyer fraud leads to arrests of real estate promoters and directors.
Money laundering investigation under the Prevention of Money Laundering Act concerns an alleged homebuyer fraud involving a real estate group that reportedly collected about Rs 2,004 crore from more than 19,425 buyers and investors on promises of timely delivery of residential and commercial units and assured returns. Four promoters and directors were arrested in connection with the probe and produced before the special PMLA court, which granted custodial interrogation. The investigation was initiated on the basis of five FIRs and a criminal complaint filed by the Serious Fraud Investigation Office.
June 2, 2026
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Rupee depreciation against the US dollar weighs on sentiment as crude prices, dollar strength and fund outflows pressure the market.
The rupee depreciated against the US dollar in interbank foreign exchange trading, closing lower amid rising crude oil prices, a firm dollar and foreign fund outflows. Market participants also watched the forthcoming Reserve Bank of India monetary policy meeting, while the USD/INR spot rate was expected to trade in a narrow near-term range.
June 2, 2026
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Verification of answer books and re-evaluation portal opens for board exam students through a fully online process.
CBSE opened an online portal for students with scanned copies of evaluated answer books to seek verification of issues in those copies and re-evaluation of answers. The process is available only online, requires Aadhaar-based login, permits only one application each for verification and re-evaluation, and must be completed within the stated timeline. The verification facility covers missing pages, blurred pages, missing supplementary sheets, incorrect answer books and similar issues, while re-evaluation may be sought for one or more questions across subjects.
June 2, 2026
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Premium group travel expansion drives curated tours, repeat customers, and Series A discussions for growth.
JOY-N-CREW Vacations LLP is a Pune-based premium group travel company founded in 2022 and expanded to seven Indian cities. It reports serving over 5,000 guests, a 78% repeat customer rate, and a travel model built around curated international tours, cultural immersion, central accommodations, doctor-on-call support, and unhurried itineraries. The company has also entered premium educational travel and says it is in advanced discussions for Series A funding to support expansion, technology development, and a broader tour portfolio.
June 2, 2026
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Foreign exchange violation investigation under FEMA leads to searches at Vedanta Group premises amid regulatory scrutiny.
Enforcement Directorate initiated a foreign exchange violation investigation under the civil provisions of the Foreign Exchange Management Act against Vedanta Group and conducted searches at its premises in Delhi, Rajasthan and other locations. The company said it was extending full cooperation, providing information sought, and remaining committed to compliance with applicable laws and regulations.
June 2, 2026
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Unified transaction banking is reshaping corporate finance through API-driven platforms, cloud scale, and stronger compliance controls.
Transaction banking in India is shifting toward unified, API-driven platforms that address fragmented banking systems, manual processes, and reconciliation challenges in corporate banking. The commentary links this evolution to digital infrastructure growth and highlights the role of cloud systems, AI tools, and strong compliance guardrails, including regulatory compliance, data protection standards, and certifications such as ISO and SOC2, in enabling scalable and reliable financial technology operations.
June 2, 2026
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GST revenue collections showed provisional growth in May 2026, with adjusted figures reflecting the telecom spectrum one-time payment.
Gross and net GST revenue collections for May 2026 were presented as provisional figures, with break-ups for domestic revenue, import revenue, refunds and net collections under CGST, SGST and IGST. The note stated that May 2025 included a one-time telecom spectrum payment, and that adjusted growth is the better indicator of GST performance for May 2026. State-wise tables also showed SGST and IGST settlement figures and domestic GST revenue growth across States and Union Territories.
June 2, 2026
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Seafood export growth: India's frozen shrimp-led shipments hit a record high as the US and China stayed top markets.
India's seafood exports reached a record high in FY 2025-26, with frozen shrimp remaining the dominant export item and contributing the largest share of export earnings and overall quantity. The United States and China continued to be the principal overseas markets, with the United States leading in value terms and China leading in quantity terms. The European Union, Southeast Asia, Japan and the Middle East also remained major export destinations, while Visakhapatnam, Jawaharlal Nehru Port Trust and Kochi were the top ports handling seafood export cargo.
June 2, 2026
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Government accounts highlight revenue receipts, tax devolution to states, and expenditure composition across revenue and capital heads.
Government accounts for financial year 2025-26 were consolidated and published on a provisional, unaudited basis, showing receipts of the Union Government as net tax revenue, non-tax revenue, and non-debt capital receipts. During the period, a substantial amount was transferred to State Governments as devolution of the share of taxes, and total expenditure was recorded on both revenue and capital account, with interest payments and major subsidies forming significant components of revenue expenditure.
June 2, 2026
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Government revenue and expenditure account for April 2026 highlights tax receipts, devolution to states, and major spending heads.
Government of India's monthly account for April 2026 records the consolidated receipt and expenditure position for the month. Receipts comprise tax revenue, non-tax revenue and non-debt capital receipts, with a transfer made to State Governments by way of devolution of taxes. The account also notes the corresponding expenditure split between revenue account and capital account, and identifies interest payments and major subsidies as significant components of revenue expenditure.
June 1, 2026
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Banking sector growth drives priority lending, while emergency credit support scheme implementation gets expedited for eligible borrowers.
Kerala's banking sector showed strong growth in deposits, advances and priority-sector lending, with the credit-deposit ratio above the RBI benchmark. The review meeting also examined implementation of the Emergency Credit Line Guarantee Scheme and directed banks to identify eligible borrowers and deliver benefits expeditiously while supporting broader economic development.
June 1, 2026
Show AI Summary
GST revenue growth driven by AI-based compliance and data integration lifted Andhra Pradesh to its best-ever May collections.
Andhra Pradesh recorded its highest-ever May GST revenue since the introduction of GST, with strong year-on-year growth in total collections and net GST receipts despite GST 2.0 rate rationalisation measures. The revenue increase was supported by higher IGST settlement, petroleum VAT, professional tax and liquor VAT collections, along with technology-driven compliance measures. The department also expanded data integration and enforcement through AI-based analytics, scrutiny systems, UPI transaction analytics, Aadhaar integration and inter-departmental data sharing.
June 1, 2026
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Bank loan misuse allegations lead to formal arrest permission and judicial custody in the ongoing fraud investigation.
CBI investigation into alleged misuse and diversion of bank loan funds in relation to Reliance Communications proceeded against a former senior executive, with the court permitting formal arrest in connection with the bank fraud case and remanding him to judicial custody in the meantime. The proceeding arose from allegations that loan funds and credit facilities sanctioned by a consortium of banks were managed and utilised in a manner that caused wrongful loss to the lending banks, while investigation against the accused remained ongoing.
June 1, 2026
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Rupee depreciation reflects geopolitical tensions, crude price gains and a stronger dollar, with RBI policy now in focus.
The rupee weakened against the US dollar amid renewed geopolitical tensions, higher crude oil prices, a stronger dollar, and softer global risk sentiment. Forex traders noted intraday volatility in the interbank foreign exchange market and said the currency was under pressure from external market conditions, while any continued peace talks could limit further downside. Market attention shifted to the upcoming RBI Monetary Policy Committee meeting and the central bank's policy signal.
June 1, 2026
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PMLA investigation dispute over scheduled offence timing and natural justice challenge in CMRL appeal
Appeal against a single-judge order permitting the Enforcement Directorate to continue a PMLA investigation was admitted, with no precipitative action to be taken until judgment. The dispute centres on whether a later SFIO complaint could justify an investigation that had allegedly begun before any scheduled offence existed, and whether additional affidavits filed after reservation violated natural justice. The company also challenged the ECIR, summons and related proceedings on jurisdictional grounds.

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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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