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    Aimanthan Launches India's First Free AI Certification Platform Powered by Claude AI from Anthropic, Bridging the Nation's AI Skills Gap
    MPC Minutes: RBI Guv says need to remain watchful on generalisation of inflation
    Over 6 in 10 digital wallet users surveyed believe that RBI shouldn’t reduce the amount of money stored in digital wallets; Want it to retain or inc...
    India's forex reserves decline USD 9.98 bn to USD 671.62 bn: RBI data
    Sebi to reintroduce open market share buybacks via exchanges; eases intra-day borrowing rules for MFs
    SC flags 'deep-rooted nexus' between banks, asset reconstruction companies, borrowers over loans
    APEDA Facilitates First Export of Fresh Uttarakhand Litchi to Italy, Marking Entry into European Market
    Strait of Hormuz reopens: what it means for global energy security
    ED examines bank locker of ex-CM Vijayan’s daughter in money laundering case
    India-UK FTA more than just about trade: Foreign Secretary Vikram Misri
    Jio Platforms' mega IPO to entail fresh issue of up to 27 crore equity shares
    LUMIQ Raises INR 50 Crore Pre-Series B to Become the AI Decision Layer for Financial Services
    Kerala budget announces tax relief measures, EV road tax changes and amnesty schemes
    Bharat Buildcon 2026 Opens with Massive Industry Response; Attracts 25,000 Plus Visitors on Day One from 90 Plus Countries and 100 Plus Indian Cities
    GeM Partners with Common Service Centre to Expand Access to Government Procurement Opportunities Across India
    Rupee rises 20 paise to 94.20 against US dollar in early trade
    Direct tax mop-up grows 15 pc to over Rs 5.21 lakh cr on higher advance tax payments
    Andhra CM Naidu directs aquaculture feed firms to cut prices by Rs 4 per kg, manufacturers agree
    Modi, Trump direct officials to swiftly finalise trade pact: Foreign Secretary Misri
    Net income tax collection grows 15 pc to over Rs 5.21 lakh cr till Jun 17
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    June 19, 2026
    Show AI Summary
    Free AI certification platform offers QR-verified credentials through Claude AI, making AI skill recognition faster and more accessible.
    Aimanthan is a free AI certification platform that gives Indian learners a QR-verified certificate in minutes at zero cost, using Claude AI to generate unique questions, evaluate answers contextually, and issue a score, grade and level based on demonstrated knowledge. Each certificate carries a unique certificate number and QR verification code for live authentication, and the platform also offers AI-powered courses, an AI tutor, college partnership programmes and alignment with Skill India, Digital India and the IndiaAI Mission.
    June 19, 2026
    Show AI Summary
    Inflation vigilance and a wait-and-watch monetary stance shape the policy response amid uncertainty and price pressures.
    The Monetary Policy Committee minutes record a wait-and-watch approach to monetary policy amid heightened uncertainty over inflation and growth. The Governor supported maintaining the policy rate unchanged while retaining a neutral stance, citing risks arising from conflict-related disruption, supply-chain pressures, and the impact of monsoon conditions on energy, food, and other commodity prices. The minutes also stress the need to remain watchful about the generalisation of inflation in the coming months.
    June 19, 2026
    Show AI Summary
    Digital wallet limits spark user opposition as survey backs retaining or increasing caps and linking them to KYC levels.
    A public survey of digital wallet users showed broad opposition to reducing wallet storage and transaction limits proposed under the draft Master Direction on Prepaid Payment Instruments, 2026. Most respondents wanted limits retained or increased, while others supported limits linked to the level of KYC or authentication completed by the user. The survey linked lower limits with inconvenience in daily payments and questioned whether tighter caps would reduce fraud. The draft framework was also noted to include higher Full-KYC wallet balances, lower cash top-up limits, transfer caps, interoperability, immediate refunds, and stricter compliance requirements.
    June 19, 2026
    Show AI Summary
    Foreign exchange reserves decline as gold reserves fall, while foreign currency assets rise in RBI data.
    India's foreign exchange reserves declined during the reporting week, primarily because of a sharp fall in gold reserves, even though foreign currency assets increased. The RBI data showed that the overall reserves fell to USD 671.625 billion, while special drawing rights and India's reserve position with the IMF also recorded marginal declines.
    June 19, 2026
    Show AI Summary
    Open market share buybacks through exchanges gain a faster route, alongside eased fund borrowing and quicker AIF fundraising.
    Reintroduction of open market share buybacks through stock exchanges provides companies with an additional mechanism for undertaking buybacks and is intended to ensure equitable opportunity and tax treatment for public shareholders. The measure is accompanied by a faster execution timeline for such buybacks. Relaxation of intra-day borrowing norms for mutual funds eases borrowing constraints, while a green-channel mechanism for alternative investment funds permits fundraising to begin within 10 working days of filing placement memorandums.
    June 19, 2026
    Show AI Summary
    Banking fraud and stressed loan settlements draw scrutiny over alleged nexus among banks, asset reconstruction companies and borrowers.
    Concerns were raised over an alleged nexus between banks, asset reconstruction companies and borrowers in the settlement of stressed loans, with emphasis on misuse of public money and inadequate recovery efforts. A plea sought a probe into alleged banking frauds involving public sector banks, asset reconstruction companies and a Noida-based infrastructure firm, including diversion of loan funds through shell companies, non-existent vendors, undisclosed bank accounts and suspected fraudulent transactions.
    June 19, 2026
    Show AI Summary
    Agri-export promotion gains momentum as fresh Uttarakhand litchi enters the European market through coordinated value-chain support.
    APEDA facilitated the first export consignment of fresh Uttarakhand litchi from Dehradun to Italy, marking entry into the European market and demonstrating the export potential of Uttarakhand's horticulture sector. The shipment reflects the growing international acceptance of India's premium fresh fruits and the expanding presence of Himalayan produce in high-value overseas markets. The initiative highlights coordinated value-chain support, quality production practices and export-oriented horticulture, while indicating better price realisation for growers.
    June 19, 2026
    Show AI Summary
    Strait of Hormuz reopening eases global energy security risks and restores free passage for commercial vessels.
    The reopening of the Strait of Hormuz restores a critical global energy chokepoint after months of disruption that had restricted shipping, pushed up crude prices and raised concerns over energy security. The memorandum of understanding contemplates free passage of commercial vessels through the Strait for a limited period, with full normalisation expected after mines and other technical obstacles are cleared. It also contemplates talks with Oman and other regional actors on longer-term administration.
    June 19, 2026
    Show AI Summary
    Money laundering investigation leads to bank locker examination over alleged corporate transactions and proceeds of crime
    Enforcement Directorate action in a money laundering investigation extended to examination of a bank locker belonging to Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, in her presence at an HDFC Bank branch. The inquiry relates to alleged transactions involving her now-defunct IT firm, Exalogic, and its purported links with Cochin Minerals and Rutile Ltd, including payments said to have been made without corresponding services and loans allegedly extended through another company connected with CMRL management.
    June 19, 2026
    Show AI Summary
    India-UK trade agreement enters into force as leaders link commerce, mobility and broader bilateral cooperation.
    The India-UK Comprehensive Economic and Trade Agreement is scheduled to enter into force on July 15, marking a significant development in bilateral economic relations. The agreement is described as extending beyond trade and technology to include mobility and wider people-to-people engagement, with an expected boost to annual bilateral trade and business expansion plans on both sides.
    June 19, 2026
    Show AI Summary
    Initial public offer structure for Jio Platforms set as a fresh issue with price discovery through book building.
    A proposed initial public offer of Jio Platforms is to be made by way of a fresh issue of up to 27 crore equity shares of face value of Rs 10 each. The Draft Red Herring Prospectus has been approved and is to be filed with the Securities and Exchange Board of India, BSE and the National Stock Exchange. The issue price will be determined through the book building process in accordance with SEBI regulations, subject to the required regulatory approvals.
    June 19, 2026
    Show AI Summary
    Autonomous financial decision-making gains traction as auditable AI agents handle routine regulated workflows with compliance and control.
    AI deployment in financial services is described as shifting from advisory support to autonomous decision-making through a platform that applies an institution's own guidelines, reaches end-to-end decisions, and escalates only matters requiring human judgment. The system is presented as producing decisions with full reasoning, policy cross-reference, and auditability, while remaining consistent, explainable, compliant, and defensible under audit in banking, insurance, and capital markets workflows.
    June 19, 2026
    Show AI Summary
    Tax relief and amnesty measures reshape Kerala's budget through arrear settlements, vehicle tax revisions and stamp duty concessions.
    Kerala's revised Budget introduced tax relief measures, amnesty schemes and vehicle tax revisions, including settlement of Flood Cess arrears, waiver of specified small pre-GST arrears, revised sales tax rates for low-strength alcoholic beverages, reduced tax for AITP buses, changes in electric vehicle road tax slabs, an e-challan amnesty scheme, and a one-time settlement for undervaluation and deficit stamp duty cases.
    June 19, 2026
    Show AI Summary
    Construction and building materials expo drives exports, supply chains, and Make in India engagement across global markets.
    Bharat Buildcon 2026 opened as a large industry exhibition for the building materials and construction sector, drawing more than 25,000 visitors on the first day along with participants from over 90 countries and more than 100 Indian cities. The exhibition was presented as a platform for strengthening supply chains, encouraging technology adoption, generating business opportunities, and promoting exports and foreign investment in the construction and building materials sector.
    June 19, 2026
    Show AI Summary
    Government e-marketplace access expands through last-mile seller facilitation, onboarding support, and catalogue listing through new partnership.
    Government e-marketplace access is being expanded through a strategic partnership between GeM and CSC-SPV aimed at strengthening last-mile facilitation for sellers, especially in rural and underserved regions. The collaboration extends support through the full onboarding chain up to catalogue listing, with assistance for Vendor Assessment, Brand Approval, and creation and publication of product and service catalogues. A pilot rollout of 50 GeM Suvidha Kendras will provide guidance, training, onboarding support, capacity building, and grievance redressal for a range of enterprises.
    June 19, 2026
    Show AI Summary
    Rupee appreciation gains support from India-US trade optimism, foreign inflows and softer crude prices.
    The rupee appreciated in early trade against the US dollar, supported by optimism over India-US trade negotiations, firm foreign inflows and softer crude oil prices. Market sentiment remained positive as traders tracked developments suggesting momentum in talks on a proposed trade pact and an improvement in external flows. The foreign exchange market also reflected expectations that the Reserve Bank of India may use incoming dollar inflows to rebuild foreign exchange reserves and gradually reduce its forward dollar book.
    June 18, 2026
    Show AI Summary
    Direct tax collections rise on stronger advance tax mop-up and higher corporate tax receipts across key segments.
    Net direct tax collection increased by 14.64 per cent to over Rs 5.21 lakh crore up to June 17 of the fiscal year, driven primarily by higher advance tax mop-up from corporates. Net corporate tax collection rose 22 per cent, while net non-corporate tax collection increased 8 per cent. Securities Transaction Tax collection also recorded strong growth, and advance tax collection rose 15.30 per cent, with corporate and non-corporate advance tax both showing gains.
    June 18, 2026
    Show AI Summary
    Aquaculture feed price stabilisation drives a committee plan, with manufacturers agreeing to reduce prices and review sector concerns.
    Aquaculture feed pricing was addressed as a sectoral price-stabilisation issue, with manufacturers agreeing to reduce prices by Rs 4 per kg after a directive from the Chief Minister. A committee of aqua farmers, feed manufacturers and officials was proposed to develop a long-term mechanism for price stabilisation and to examine processing-related issues and pollution control measures, with recommendations due within 20 days. The discussion also covered subsidy awareness, insurance coverage, nursery ponds, water supply and strict quality control in aquaculture production.
    June 18, 2026
    Show AI Summary
    Interim free trade agreement negotiations advance as leaders urge swift conclusion of the India-US trade pact.
    Trade negotiations between India and the United States were described as being in the final stages of an interim free trade agreement, with both leaders directing their negotiators to conclude the pact at the earliest. The discussions were said to have addressed uncertainty in bilateral trade and to have produced significant progress, with further talks expected to continue through an upcoming visit by the US Trade Representative.
    June 18, 2026
    Show AI Summary
    Direct tax collection growth drives higher net income tax mop-up, with corporate and non-corporate taxes both rising.
    Direct tax collection recorded year-on-year growth during the early part of the fiscal year, with net income tax collection rising to over Rs 5.21 lakh crore by June 17. Net corporate tax collection increased sharply, while net non-corporate tax collection also posted growth; the non-corporate category covers taxes paid by individuals, HUFs and firms. Refunds were issued during the period and showed a marginal increase compared with the corresponding earlier period.

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      Customs & Trade

      HIGHLIGHTS

      June 17, 2026

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      New Delhi, Jun 17 (PTI) Following are the top stories at 1 pm: NATION DEL39 UP-AKHILESH-SPLIT (4.14 PM)

      Akhilesh trashes Rajbhar's claim of split in Samajwadi Party, says it remains strong Lucknow: Dismissing Uttar Pradesh minister Om Prakash Rajbhar's claim of an impending split in the Samajwadi Party, Akhilesh Yadav on Wednesday said the party remained strong and it was the BJP which had a history of “engineering” defections through inducements and pressure.

      BOM26 MH-SENA (UBT)-2NDLD RAUT (4.26 PM)

      Raut alleges MPs are being offered Rs 50 crore to defect, dares Sena (UBT) dissidents to resign first Mumbai: Amid heightened speculation about an imminent split in the Shiv Sena (UBT), party leader Sanjay Raut on Wednesday alleged that some MPs from Maharashtra were being offered Rs 50 crore to switch sides, and challenged dissidents to quit.

      DEL43 CONG-RAHUL-STUDENTS (4.48 PM)

      Might of state being deployed to sabotage Rahul Gandhi's student convention in Kota: Cong New Delhi: The Congress on Wednesday alleged that the full might of the state is being deployed to sabotage Rahul Gandhi’s student convention in Rajasthan’s Kota because the BJP and Prime Minister Narendra Modi are anxious that their “throne is tottering”.

      DEL36 SPEAKER-TMC-LD ABHISHEK (4.05 PM)

      TMC split: Speaker invites Abhishek Banerjee for meeting, TMC says got no communication yet New Delhi: Lok Sabha Speaker Om Birla on Wednesday invited Trinamool Congress leader Abhishek Banerjee for a meeting on June 19 to present his case on the split in the Mamata Banerjee-led party, parliamentary sources said.

      DEL33 PAR-JP-SARANGI (3.37 PM)

      Stakeholders support legislation to decriminalise politics: joint committee chairperson Sarangi New Delhi: The joint committee of Parliament examining the Constitution (130th Amendment) Bill, 2025, on removal of PMs, CMs and ministers from office if they are detained for over 30 days for serious crimes has received support and suggestions on the proposed legislation and found no resistance to its intent to decriminalise politics, panel chairman and BJP MP Aparajita Sarangi said on Wednesday.

      DEL45 RAHUL-TELEGRAM-LD GOVT (4.56 PM)

      Drop theatrics; strike at paper leak mafia, not students: Rahul to PM Modi on Telegram curbs New Delhi: Congress leader Rahul Gandhi on Wednesday slammed the government after it temporarily restricted access to Telegram, saying the "new trick" was akin to putting a lock on the victim's house instead of catching the thief.

      BOM25 GJ-INDIA EXPORTS-BHADOO (4.11 PM)

      India's exports hit record USD 863 billion in FY 26 amid West Asia turmoil and US tariffs: Official Ahmedabad: Despite global trade disruptions stemming from the West Asia conflict and the imposition of US tariffs, India's exports reached a record high of USD 863 billion in Financial Year 2025-26, a senior Commerce Ministry official said on Wednesday.

      DEL31 AVI-NOIDA AIRPORT-CARGO (3.21 PM)

      Noida International Airport begins freight operations with arrival of first cargo flight Noida: The Noida International Airport (NIA) began freight operations with the arrival of the first cargo plane on Wednesday, two days after starting commercial passenger flights on June 15.

      DEL30 DEF-LD-PRODUCTION (3.07 PM)

      India's annual defence production surges to Rs 1.78 lakh cr in 2025-26 New Delhi: India's annual defence production touched an all-time high of Rs 1.78 lakh crore in the financial year 2025-26, the defence ministry said on Wednesday.

      LEGAL LGD6 SC-NEET (4.06 PM)

      Justice Narasimha-led bench to hear plea concerning NEET-UG in July: SC New Delhi: A bench headed by Justice P S Narasimha will hear in July a plea challenging the decision to conduct NEET-UG 2026 re-test, the Supreme Court said on Wednesday.

      LGD2 DL-HC-TELEGRAM (1.39 PM)

      Telegram moves Delhi HC against govt's temporary ban order New Delhi: Telegram on Wednesday moved the Delhi High Court against a government order to temporarily restrict access to the messaging app ahead of the June 21 NEET-UG 2026 re-examination.

      BUSINESS DEL20 BIZ-LD-TELEGRAM-RELIANCE (1.11 PM)

      Telegram's Durov alleges Reliance link to India ban push; industry source calls claim 'fake news' New Delhi: Telegram founder and CEO Pavel Durov on Wednesday alleged that Reliance may have been involved in efforts to ban the messaging platform in India and accused an affiliate of disrupting Telegram's internet access outside the country, claims that an industry source dismissed as "fake news" based on confusion between two separate Reliance group companies.

      FOREIGN FGN24 PM-G7-IMPACT (4.06 PM)

      PM Modi pitches for setting up global framework to boost trade and connectivity Evian-Les-Bains (France): Prime Minister Narendra Modi on Wednesday pitched for setting up a global framework to boost cooperation on connectivity and trade by combining the strengths of the G7 nations, India and the Global South countries.

      FGN19 PM-TRUMP (2.17 PM)

      Trade, defence likely to figure at meeting between PM Modi, President Trump Evian-les-Bains : Prime Minister Narendra Modi and US President Donald Trump will hold wide-ranging talks on Wednesday, which are expected to focus on expediting sealing of the proposed bilateral trade deal and ways to boost cooperation in defence, energy and critical minerals sectors.

      PTI SHS

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