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    Chandigarh University Online Launches Five Industry-Backed, Future-Ready Programs in AI, Product Management, Project Management and Technology
    AU Small Finance Bank Revises Savings Account Interest Rates to 6.75%* p.a.
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    Ground-level economic situation far removed from govt’s propaganda: Cong on PM's appeal
    Jewellery stocks tumble; Sky Gold slumps over 12 pc
    BIA INSTALLS NEW PRESIDENT, PIVOTS TOWARD AI AND EXPORTS AS MSME SECTOR SEEKS GLOBAL FOOTING
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May 11, 2026
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Industry-backed online degree programs expand AI, product management, and certification-led training for career-ready skills.
Industry-backed online degree programs are being launched to align higher education with a skill-first economy and AI-driven workforce needs. The programs emphasise employability, hands-on exposure, and real-world application, replacing purely theory-led learning with outcome-driven training that supports career growth and professional advancement. The portfolio includes data science, agentic AI, product management, and certification-linked management and technology programs designed to strengthen technology, business, and leadership readiness.
May 11, 2026
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Savings account interest rate revision boosts returns with monthly credit, digital onboarding, and select zero-balance account options.
AU Small Finance Bank has revised its savings account interest rates to up to 6.75% per annum, applicable to select balance slabs and subject to periodic change. The savings account structure includes monthly interest credit, zero-balance options for select variants, and fully digital account opening through video KYC without a branch visit. The account is integrated with mobile and net banking facilities, fund transfers, UPI, IMPS, NEFT, bill payments, fixed deposit booking, account statements, and security features.
May 11, 2026
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Austerity and self-reliance appeal amid West Asia conflict sparks political clash over responsible leadership.
Political exchange over the Prime Minister's appeal for austerity and economic self-restraint in the context of the West Asia conflict. The appeal urged citizens to conserve energy, reduce fuel consumption, use public transport and carpooling, postpone gold purchases and foreign travel, and prefer indigenous products and Swadeshi goods to conserve foreign exchange and support self-reliance. The response defended these measures as responsible leadership and invoked Nehru's remarks on the impact of wars abroad on India.
May 11, 2026
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Foreign exchange conservation and fuel restraint shape a wider debate on austerity, consumption cuts, and economic stress.
Concerns were raised over the economic impact of the West Asia conflict and the possibility of tighter austerity measures, including higher fuel prices, as the government urged citizens to reduce consumption of petroleum products and other imports. The stated objective of these appeals was to conserve foreign exchange and reduce pressure on the economy amid rising supply-chain stress and increased prices of petrol and fertilisers. The measures advocated included greater use of metro rail, carpooling, electric vehicles, railway parcel movement, work-from-home arrangements, postponement of gold purchases and foreign travel, reduced edible oil consumption, lower use of chemical fertilisers, promotion of natural farming, and preference for Swadeshi products.
May 11, 2026
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Foreign-exchange conservation appeal to delay gold purchases and travel weighs on jewellery demand and bullion sentiment.
Postponement of gold purchases and avoidable foreign travel was urged as a foreign-exchange conservation response to the West Asia crisis and higher crude prices. The appeal was linked to macroeconomic stability, trade deficit management, and pressure on the rupee and current account, while analysts said it could dampen short-term jewellery demand and sentiment across bullion-linked businesses.
May 11, 2026
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MSME growth strategy turns on AI adoption, export expansion, and global supply chain integration for scale.
Bombay Industries Association installed Dr. Rajesh Doshi as its 62nd President and set a growth-oriented agenda for MSMEs. The leadership programme focuses on artificial intelligence, digital adoption, global supply chain integration, and export market expansion. It also identifies financing gaps, technology deficits, and governance challenges as barriers to MSME scaling, while announcing initiatives such as a revived knowledge platform, defence-sector linkage, AI training, partnerships for financial and export support, and wider cluster outreach.
May 11, 2026
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ODOP honey export from Baksa advances farmer-led exports, quality compliance, and stronger market access for rural producers.
ODOP honey from Baksa district in Assam was exported to the USA in the first-ever consignment through APEDA facilitation, marking a step in promoting district-specific agricultural products under the One District One Product initiative. APEDA supported the export by strengthening processing-facility infrastructure, including testing and laboratory equipment, to help meet international quality standards and food safety requirements. The initiative is presented as a means of improving value addition, expanding export growth, integrating farmers from Aspirational Districts into global value chains, and generating better price realisation for local beekeepers and farmers.
May 11, 2026
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Crude oil price surge and West Asia tensions weigh on stock markets as foreign exchange conservation measures intensify
Stock markets fell in early trade as rising crude oil prices and renewed West Asia tensions weighed on sentiment, with Brent crude higher and supply disruption concerns returning to focus. The pressure was linked to the risk of a wider current account deficit and foreign exchange outflows, while the reported response emphasised conserving foreign exchange through lower fuel use, public transport, carpooling, electric vehicles, postponement of gold purchases, and deferment of foreign travel.
May 11, 2026
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Foreign exchange conservation drives fuel, gold and travel restraint amid West Asia conflict concerns.
Calls for conserving foreign exchange and reducing dependence on imported inputs amid the West Asia conflict by urging citizens to use petrol and diesel judiciously, defer gold purchases and foreign travel, and adopt lower-consumption and efficiency measures such as metro travel, carpooling, electric vehicles, rail-based parcel movement, work-from-home arrangements, virtual meetings and video conferencing. The policy emphasis is on protecting the economy from supply-chain pressure and inflationary effects while promoting self-reliance through reduced fuel use, lower edible oil consumption, less chemical fertiliser use, natural farming and greater use of Swadeshi products.
May 11, 2026
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Rupee weakness deepens as higher crude prices, stronger dollar and foreign outflows pressure early trade.
The rupee weakened sharply in early trade after higher crude oil prices, a stronger US dollar, and foreign portfolio investor outflows added pressure. It opened lower against the US dollar and traded near 94.90 after a steep fall from the previous close, while domestic equities declined and forex reserves were reported lower in the latest weekly update.
May 10, 2026
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Seafood export market access expanded through EU engagement, quality controls, and removal of regulatory bottlenecks after tariff pressure.
India secured access to the European Union seafood market through active trade engagement after the United States imposed steep tariffs on Indian seafood exports. The government addressed regulatory bottlenecks that had limited Indian shipments, including the restoration of previously delisted fishery establishments through quality control orders and standards, and more than 125 Indian fishery establishments were registered for access to the EU market. The move formed part of a wider export strategy focused on long-term trade opportunities, export growth, manufacturing, and employment.
May 10, 2026
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Political targeting allegations drive AAP protests across Punjab over ED action against Sanjeev Arora.
AAP held protests across Punjab against the BJP-led Centre over Enforcement Directorate action against Punjab Industries Minister Sanjeev Arora, alleging misuse of central investigative agencies and political targeting of Opposition leaders. The ED had arrested Arora after raids in connection with an alleged money laundering case linked to an alleged GST fraud involving entities associated with him, and the arrest was made under the Prevention of Money Laundering Act.
May 10, 2026
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Fuel pricing pressure forces oil marketing companies to absorb under-recoveries, straining working capital and energy security investments.
State-owned oil marketing companies have been absorbing rising crude and LPG input costs to keep petrol, diesel and cooking gas supplies uninterrupted at prices below cost during the global energy shock. The resulting under-recoveries are putting pressure on balance sheets, working capital and future investment capacity, while government excise duty cuts have partly softened the burden on consumers. The report links sustained stress to energy security, infrastructure expansion and energy transition priorities.
May 10, 2026
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GST fraud and money laundering probe led to ED custody in alleged fake invoice and Input Tax Credit case.
Enforcement Directorate action under the PMLA was taken in relation to alleged GST fraud and money laundering involving fake purchases of mobile phones, use of non-existing firms, and allegedly false claims of Input Tax Credit. The agency alleged that the transactions were linked to subsequent exports used to round-trip illegitimate funds from Dubai to India. A Gurugram special PMLA court remanded Punjab Industries Minister Sanjeev Arora to seven days' ED custody after his arrest from Chandigarh.
May 9, 2026
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GST input tax credit and alleged round-tripping dispute concerns mobile phone exports, supplier-side fraud claims, and regulatory cooperation.
Hampton Sky Realty Limited stated that it was cooperating with statutory authorities and would place relevant records before the appropriate fora. The company denied any round-tripping or bogus export arrangement, said its mobile phone exports were verified at multiple statutory stages, and asserted that no funds were retained offshore or routed back. It also said the GST issue concerned a small number of domestic suppliers, payments were made through banking channels, returns were filed regularly, and the disputed GST amount had already been deposited and was under appeal.
May 9, 2026
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EU-India partnership deepens through trade, security, mobility and strategic cooperation with a new five-year agenda.
The European Union and India have described their partnership as increasingly ambitious, progressive and strategically significant, with both sides portraying the relationship as having moved to a new qualitative level. Major takeaways highlighted include a joint strategic agenda for the next five years, completion of negotiations for a free trade agreement, a security and defence partnership pact, and a comprehensive mobility framework. The dialogue is also linked to broader economic engagement, global stability, support for Ukraine, and the view that the EU is fundamentally a peace project.
May 9, 2026
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Prevention of Money Laundering Act action draws political vendetta allegations over raid and arrest of Punjab minister
Enforcement Directorate action under the Prevention of Money Laundering Act was reported against Punjab industries minister Sanjeev Arora in connection with an alleged GST fraud-related money laundering case involving linked entities. Officials said he was arrested after raids at his residence, while Aam Aadmi Party leaders alleged the action was politically motivated, reflected misuse of central investigative agencies, and amounted to intimidation and harassment rather than genuine investigation.
May 9, 2026
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Money laundering probe alleges diversion of loan repayments through shell entities and fake RTGS instructions in Sravanthi Group case.
Money laundering allegations arose from an ED probe into the Sravanthi Group and entities controlled by D V Rao, including DJW Electric Power Projects Private Ltd and Sravanthi Energy Private Limited. The investigation alleged misuse of RTGS repayment instructions, diversion of loan repayments to shell entities, and routing of funds through fake lender details. The ED stated that the probe had identified proceeds of crime of about Rs 284 crore across the connected transactions, with a separate component of alleged loan fraud of about Rs 58 crore.
May 9, 2026
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Money laundering probe under PMLA draws political accusations of agency misuse after arrest and multi-location searches.
The Enforcement Directorate arrested a Punjab industries minister in a money laundering case under the Prevention of Money Laundering Act after raids at multiple locations. The investigation was linked to alleged fraudulent GST transactions and entities associated with the accused, while officials said he was non-cooperative during questioning. Congress leaders alleged that central and state agencies were being used to intimidate political opponents.
May 9, 2026
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Money laundering probe over alleged fake GST invoices and round-tripping leads to arrest of Punjab minister.
The Enforcement Directorate arrested Punjab industries minister Sanjeev Arora in a fresh Prevention of Money Laundering Act case linked to alleged GST fraud-related laundering. The probe concerns fake GST purchases, false input tax credit claims through non-existing firms, and alleged round-tripping of illegitimate funds through exports, following earlier FEMA searches, asset attachment, and related investigations involving entities linked to him.

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India’s Regulated Organizations Now Have a Native Answer to the Database Visibility Crisis

May 30, 2026

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ESDS Software Solution Limited strengthens its enterprise security offering with Enlight Jatayoo — a purpose-built Database Activity Monitoring platform that gives organisations across BFSI, government, healthcare, manufacturing, and every sector that holds data continuous, forensic-grade visibility into database activity, privileged access, and SQL-level behaviour, from a fully sovereign, air-gap infrastructure. Mumbai, India, 30 May 2026: ESDS Software Solution Limited, India’s sovereign cloud and data centre provider, today announced the availability of Enlight Jatayoo, a Database Activity Monitoring (DAM) platform purpose-built for India’s regulated industries. The platform addresses a critical and largely unresolved gap in enterprise data security: the absence of continuous, forensic-grade visibility at the database layer the final frontier where an organisation’s most sensitive data resides.

As India’s regulatory landscape grows more demanding with CERT-In mandating 180-day log retention, RBI tightening privileged access controls, and SEBI’s Cybersecurity and Cyber Resilience Framework (CSCRF) expanding database audit obligations the pressure on CISOs, compliance heads, and DBA leaders to demonstrate real-time visibility into database activity has intensified. Yet, for most enterprises, the database layer remains the least monitored system in their security architecture.

Enlight Jatayoo is designed to resolve this. Built on an air-gap, fully on-premises architecture, the platform deploys without requiring a database restart eliminating the change management overhead and operational downtime risk that have historically made enterprise security deployments disruptive. No data leaves the customer’s infrastructure. No foreign cloud dependency. No third-party exposure risk Piyush Somani, Promoter, Managing Director and Chairman, ESDS Software Solution Limited, said: “Over 74% of confirmed data breaches globally involve access to privileged credentials or insider access and the database is the final destination in every one of those incidents. Organisations across every sector banking, government, healthcare, manufacturing — have invested heavily in perimeter security. Firewalls. Endpoint agents. SIEM platforms. But the database layer, where the actual data lives, has remained a blind spot.

That blind spot is no longer acceptable. Regulatory mandates are tightening. Audit expectations are rising. And the threat is no longer theoretical. Enlight Jatayoo Database Activity Monitoring (DAM) platform is built on Indian soil, for Indian operating realities, deployable without disrupting a single production system. We believe the next decade of enterprise data security will be defined by how deeply organisations understand what is happening inside their databases. Enlight Jatayoo is how they find out.” Piyush Somani, Promoter, Managing Director and Chairman, ESDS Software Solution Limited The Database Visibility Gap: Key Challenges Organisations across sectors face a compounding set of challenges at the database security layer: • No query-level visibility: Most organisations can detect a network intrusion but cannot identify which SQL query was executed, by whom, against which table. The database generates no native alert when a privileged user extracts millions of records.

• Insider threat and privileged access risk: DBAs, developers, and contractors hold unrestricted access to production databases. Without behavioural monitoring, anomalous access goes undetected until after a breach.

• Incomplete audit trails: Regulatory and internal audit mandates require tamper-proof, time-stamped logs. Most enterprises rely on native database logs that are neither immutable nor structured for forensic use.

• Deployment disruption: Security deployments typically demand database restarts and change management cycles, introducing risk that delays procurement and defers security improvement.

Enlight Jatayoo: A Unified Database Security Platform Enlight Jatayoo functions as a single control plane for database activity visibility, privileged access monitoring, insider threat detection, and compliance reporting. It covers the database stack present across India’s banking, financial services, insurance, healthcare, government, and enterprise technology sectors.

The platform enables organisations to monitor every query in real time with session-level granularity; detect and investigate insider threats through AI-assisted User Behaviour Analytics and forensic session replay; track DBA and privileged user activity including after-hours access and bulk data exports; generate immutable, compliance-ready audit trails; and maintain complete data sovereignty through air-gap, on-premises deployment with zero external data transmission.

Komal Somani, Whole-time Director, CMO and CHRO, ESDS Software Solution Limited, said: “Across every sector we engage with banking, government, healthcare, manufacturing the pattern is the same: organisations are investing in perimeter security while the database layer remains unmonitored, unlogged, and undefended. Enlight Jatayoo changes that. It brings structure, accountability, and forensic clarity to the one layer that matters most backed by an in-country team that understands Indian regulatory timelines, audit cycles, and the operational realities our customers face every day.” Komal Somani, Whole-time Director, CMO and CHRO, ESDS Software Solution Limited Regulatory Compliance Architecture Enlight Jatayoo’s compliance architecture is aligned to India’s primary regulatory frameworks including RBI, SEBI, CERT-In, IRDAI, and the DPDP Act as well as international standards including PCI DSS and ISO 27001. Audit trail generation, log retention, privileged access monitoring, and incident reporting capabilities are mapped directly to each framework’s specific mandates, enabling organisations to meet compliance obligations without building custom monitoring infrastructure.

Availability Enlight Jatayoo is available for deployment with immediate effect. ESDS is offering a structured pilot engagement for qualified organisations across BFSI, government, healthcare, manufacturing, and enterprise technology sectors. Enterprises may request a technical demonstration or compliance assessment consultation through ESDS’s enterprise engagement team.

For deployment inquiries or media requests, visit www.esds.co.in About ESDS Software Solution Limited ESDS Software Solution Limited is India’s sovereign cloud and managed services provider, offering cloud, data centre, GPU infrastructure, and enterprise security solutions. The company operates Tier III certified data centres across India and serves clients across BFSI, government, healthcare, manufacturing, and technology sectors. Enlight Jatayoo is part of ESDS’s Enlight portfolio of purpose-built enterprise security and observability platforms.

For more information, visit www.esds.co.in IMPORTANT DISCLOSURE ESDS Software Solution Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a Draft Red Herring Prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of the Company at www.esds.co.in, the website of SEBI at www.sebi.gov.in, as well as on the websites of the Book Running Lead Manager, DAM Capital Advisors Limited, the website of the National Stock Exchange of India Limited at www.nseindia.com, and the website of BSE Limited at www.bseindia.com, respectively. Investors should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the Red Herring Prospectus which may be filed with the Registrar of Companies, Maharashtra at Mumbai, in future, including the section titled “Risk Factors”. Potential investors should not rely on the DRHP filed with SEBI in making any investment decision.

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

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