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    Sterling Bank of Asia Selects Infosys Finacle Software-as-a-Service for it's Next-Gen Transformation
    Gujarat Future Forum at India House puts regional delivery at the centre of the UK–India growth story
    APEDA Facilitates First Commercial Sea Shipment of Premium Banganapalle Mangoes from India to Singapore
    Build Credit, Earn Cashback: Paisabazaar and SBM Bank India Launch Paisa+ Secured Credit Card
    ED seizes cash, gold during searches against MP educational society
    Rising Gold Prices Are Giving Indian Households More Borrowing Power Than Ever Before
    International MSME Day: IFQM Calls for a National Quality Mission to Embed India's MSMEs into Global Value Chains
    Ex-CM’s daughter appears before ED in PMLA case for second time
    RBI issues draft ‘Guidance on Regulatory Principles for Model Risk Management’
    APEDA Successfully Concludes First Cohort of BHARATI Programme to Accelerate Innovation-Led Growth in Agri-Food Exports
    FAQs on Index of Services Production – Trial Indices with Base year 2024 -25
    Provide shadow reversal in 5 days for credit card frauds: RBI to banks
    Union Minister of Commerce and Industry Shri Piyush Goyal to Visit United Kingdom from 25–27 June Ahead of India-UK CETA and DCC Implementation
    Rajesh Exports failed to produce records related to foreign transactions: ED
    India, US review trade pact progress as tariff deadline nears; no clarity on interim deal
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    June 25, 2026
    Show AI Summary
    Core banking transformation through SaaS platform aims to improve reliability, automation, compliance, and scalable digital growth.
    Sterling Bank of Asia selected Infosys Finacle Software-as-a-Service platform for its transformation programme, using core banking, customer data hub, trade finance, and origination solutions. The collaboration is intended to improve employee and customer experience, maintain availability and reliability, reduce operational complexity through automation and digitisation, and support future growth. The SaaS deployment is also expected to simplify technology operations, enable faster innovation, and provide secure, compliant, cloud-hosted scalability with periodic upgrades and feature enhancements.
    June 25, 2026
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    Regional economic cooperation drives the UK-India Free Trade Agreement agenda through Gujarat's investment and trade opportunities.
    Regional economic cooperation was highlighted as the practical next phase of the UK-India partnership following ratification of the UK-India Free Trade Agreement, with Gujarat presented as a central hub for industry, energy, finance, innovation and enterprise. The discussions focused on how businesses can convert the FTA into investment, market access, technology collaboration and long-term commercial partnerships, while emphasising Gujarat's industrial ecosystem, investment-friendly policies, business-ready infrastructure and policy stability.
    June 25, 2026
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    Sea freight for horticultural exports gains momentum as premium Banganapalle mangoes reach Singapore through compliant cold-chain logistics.
    APEDA facilitated the first commercial sea shipment of premium Banganapalle mangoes from India to Singapore, using GAP-certified orchards, an APEDA-recognised packhouse, and cold-chain logistics to meet Singapore's quality and phytosanitary requirements. The shipment is presented as evidence of the viability of sea freight for fresh horticultural exports and of the commercial benefits of scientific post-harvest management and sustainable export pathways.
    June 25, 2026
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    Fixed deposit-backed secured credit card expands access to formal credit with cashback and credit-building benefits.
    Fixed deposit-backed secured credit card launched to expand access to formal credit for consumers with limited or no credit history, including new-to-credit users and persons seeking to rebuild damaged credit profiles. The product helps cardholders begin building credit history through responsible usage while using an FD as security, with minimum FD requirement starting at Rs. 2,000. The card combines credit-building with FD returns up to 7% p.a. and cashback on online, offline and eligible UPI transactions, subject to stated fee and cashback caps.
    June 25, 2026
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    Money laundering probe over alleged fund diversion at an educational society leads to searches and asset seizure.
    Enforcement Directorate searches in a money laundering investigation against a Madhya Pradesh-based educational society led to seizure of cash, gold jewellery, financial records and property-related documents. The probe arises from an FIR alleging large-scale financial fraud, including misappropriation and diversion of funds belonging to the society, and is registered under the Prevention of Money Laundering Act. The searches covered residential premises, offices, educational institutions, trusts and business establishments connected with the Chouksey Group.
    June 25, 2026
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    Gold loan borrowing capacity rises as gold prices climb, with valuation and eligibility rules unchanged.
    Rising gold prices increase the borrowing capacity available against pledged gold because gold loan amounts are calculated on the basis of the weight and purity of the ornament and the gold rate applied on the assessment date. The higher rate environment therefore allows the same jewellery or coins to support a larger loan amount without any change in the underlying eligibility criteria. Gold loan eligibility requires the applicant to be an Indian citizen aged between 21 and 80 years and to submit one KYC document. Accepted security includes gold jewellery or ornaments of 18 karat to 22 karat purity, and gold coins up to 24 karat.
    June 25, 2026
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    Quality-led MSME competitiveness drives India's push toward global value chains through benchmarking, excellence and continuous improvement.
    India's MSMEs are presented as central to growth, manufacturing and exports, but the country's low global trade share is said to show a competitiveness gap. The text frames quality as the missing link between scale and participation in global value chains. It describes a National Quality Mission based on cluster development, self-assessment, roadmaps, total quality management, zero defect manufacturing and operational excellence, together with benchmarking, leadership development and continuous improvement.
    June 25, 2026
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    Money laundering probe under PMLA focuses on alleged payments, loans and proceeds of crime linked to Exalogic and CMRL.
    Enforcement Directorate continued its investigation under the Prevention of Money Laundering Act into alleged transactions between Exalogic Solutions Pvt Ltd and Cochin Minerals and Rutile Ltd, questioning Veena T again and examining her bank lockers. The probe concerns allegations that payments and loans were routed without corresponding services, with the ED alleging that the arrangements generated proceeds of crime and relying on a prosecution complaint filed by the Serious Fraud Investigation Office.
    June 25, 2026
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    Model Risk Management guidance broadens regulatory expectations for AI, machine learning and third-party model governance.
    Reserve Bank of India has released draft Guidance on Regulatory Principles for Model Risk Management for public comments. The guidance applies to a wide range of regulated entities and covers all models used by them, including third-party models and models employing artificial intelligence or machine learning. It sets out broad regulatory expectations across the model lifecycle to strengthen governance, oversight, risk management and controls against financial, operational, compliance and reputational risks.
    June 25, 2026
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    Agri-food export acceleration gains momentum as BHARATI links startups with market access, compliance, and global buyers.
    APEDA concluded the first cohort of its BHARATI export enablement and acceleration programme for agri-food startups. The initiative supports innovation, entrepreneurship, value addition, technology adoption and global market readiness, with training in export preparedness, market access, regulatory compliance, packaging, branding and investor readiness, together with mentorship and stakeholder engagement. It also facilitated international market exposure and early export outcomes across multiple foreign markets.
    June 25, 2026
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    Index of Services Production expands monthly measurement of formal services output through trial indices, GST data, and GVA-based weighting.
    Index of Services Production (ISP) is proposed as a monthly short-term indicator of real output in the formal services sector, using a base year of 2024-25 and trial releases before regular dissemination. The series will cover major services sub-sectors, exclude government and informal activities, and rely on administrative data, GST outward supplies and ASISSE estimates, with GVA-based weights and a fixed-weight Laspeyres volume index.
    June 24, 2026
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    Customer liability in digital transactions: revised RBI norms mandate shadow reversal, zero liability rules, and prompt fraud protection measures.
    Revised customer liability framework for digital banking transactions requires banks to strengthen systems for safe electronic banking, send instant SMS alerts for specified transactions, and record delivery and customer responses. On complaints of fraudulent transactions, banks must prevent further unauthorised activity, provide value-dated reversal where required, and apply zero liability rules for bank negligence or timely reported third-party breaches. A separate shadow reversal mechanism applies to fraudulent credit card transactions, and compensation is ed for small-value fraudulent transactions within stated limits.
    June 24, 2026
    Show AI Summary
    Trade liberalisation and social security coordination advance as India and the United Kingdom prepare for new economic agreements.
    Official visit to the United Kingdom to advance preparations for the India-UK CETA and Double Contribution Convention, including a bilateral meeting to align regulatory roadmaps, streamline cross-border customs coordination and finalise administrative mechanisms. The discussions cover tariff liberalisation, market access for Indian exports, operationalisation of the Double Contribution Convention for eligible temporary workers, and mutual market access commitments in key services sectors, alongside Government-to-Business engagements to strengthen trade, investment and industrial collaboration.
    June 24, 2026
    Show AI Summary
    Foreign exchange compliance concerns emerge as missing transaction records, suspicious trades, and stock mismatches are alleged against the company.
    The Enforcement Directorate alleged suspected contravention of foreign exchange law after searches against the company and related persons, stating that foreign transaction records were not produced and that verification of imports, exports, overseas investments, and trade settlements was therefore difficult. It also alleged unusual business indicators, suspicious block trades, possible undisclosed offshore links, fund routing through NRI benamidars, suspicious trade netting with foreign parties, and a substantial mismatch between recorded stock and goods found during physical verification.
    June 24, 2026
    Show AI Summary
    Bilateral trade agreement talks advance as India and the United States weigh market access, tariffs and digital trade terms.
    India and the United States reviewed progress on an interim bilateral trade agreement, discussing market access, digital trade, supply chain resilience, non-tariff barriers and strategic-sector cooperation. The talks focused on pathways to conclude an interim arrangement before an approaching tariff deadline, with both sides describing the discussions as substantial but without confirming that outstanding issues had been resolved. The broader framework also contemplates reciprocal tariff adjustments if agreed tariffs change.
    June 24, 2026
    Show AI Summary
    Fixed deposit rate revision by Bandhan Bank offers higher returns for senior citizens and other depositors on select tenures.
    Bandhan Bank revised interest rates on select fixed deposits by up to 20 basis points, offering higher returns for senior citizens and other customers on specified tenures. The bank also continues to offer an interest rate on savings account balances above Rs 5 lakh and up to Rs 10 lakh. The revision comes amid broader changes in deposit offerings while the Reserve Bank of India kept the repo rate unchanged and maintained a neutral policy stance.
    June 24, 2026
    Show AI Summary
    India-U.S. Bilateral Trade Agreement talks advance with focus on market access, digital trade, supply chains, and interim deal pathways.
    India-U.S. Bilateral Trade Agreement negotiations advanced through consultations on enhanced market access, digital trade, supply chain resilience, reduction of non-tariff barriers, and expanded cooperation in strategic sectors. The discussions also focused on an interim agreement as a milestone toward a comprehensive Bilateral Trade Agreement, with both sides reaffirming support for a commercially meaningful framework that benefits businesses, farmers, workers, and consumers and strengthens bilateral trade and trusted supply chains.
    June 24, 2026
    Show AI Summary
    Bilateral Trade Agreement talks advance as India and the United States review market access, digital trade, and supply chain resilience.
    India and the United States reviewed progress in negotiations for an interim bilateral trade agreement and examined core elements of the proposed Bilateral Trade Agreement, including enhanced market access, digital trade, supply chain resilience, reduction of non-tariff barriers, and expanded cooperation in strategic sectors. The discussions were directed toward concluding an interim arrangement as a milestone toward a comprehensive pact, with both sides describing substantial progress and reaffirming a commitment to a balanced, commercially meaningful agreement.
    June 24, 2026
    Show AI Summary
    Monetary policy caution as RBI keeps neutral stance and says a rate hike is premature amid inflation risks.
    Reserve Bank of India policy remains in wait-and-watch mode, with the Governor saying it is premature to talk of a rate hike and that the monetary stance will stay data dependent. The central bank is monitoring West Asia developments, crude oil movements, fuel-led inflation pressures and the monsoon, while assessing possible second-round effects on the broader economy. The RBI has kept the policy repo rate unchanged at 5.25 per cent and retained a neutral stance amid risks to growth and inflation.
    June 24, 2026
    Show AI Summary
    Corporate law reform seeks to decriminalise minor procedural defaults, rationalise penalties, and streamline compliance for companies and LLPs.
    The Corporate Laws (Amendment) Bill, 2026 proposes amendments to the Limited Liability Partnership Act, 2008 and the Companies Act to support ease of doing business, modernise corporate governance, and improve the compliance framework for companies and LLPs. The proposed changes are directed at decriminalising minor procedural defaults, rationalising penalties, and shifting several minor lapses from criminal liability to monetary penalties, while streamlining regulatory processes and reducing litigation.

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      Corp. Laws / SEBI / IBC

      Aimanthan Launches India's First Free AI Certification Platform Powered by Claude AI from Anthropic, Bridging the Nation's AI Skills Gap

      June 19, 2026

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      New Delhi [India], June 19: Indore-based EdTech startup SITEADDA LABS TECHNOLOGIES LLP brings Claude AI — the world's most trusted AI — to Indian learners, offering free, QR-verified AI certificates in 15 minutes on any skill India's AI education landscape has witnessed a significant development with the launch of Aimanthan (aimanthan.org), a free AI certification platform that enables any Indian learner — student, professional, or entrepreneur — to earn a verifiable AI certificate in 15 minutes at zero cost, powered by Claude AI, Anthropic's globally trusted artificial intelligence, the same AI deployed by Fortune 500 companies, governments, and leading institutions across 150+ countries.

      The launch comes at a pivotal moment for India. The country hosted the India AI Impact Summit 2026 at Bharat Mandapam, New Delhi, where Prime Minister Narendra Modi stood alongside Dario Amodei (CEO, Anthropic) — the company behind Claude AI — to outline India's ambition to become a global AI powerhouse. Yet a critical barrier remains: over 3.5 lakh AI roles are unfilled across India, and millions of talented individuals lack a credible, verifiable way to prove their AI skills to employers.

      Aimanthan is built to solve precisely this problem.

      "India has always had talent in abundance. What has been missing is a fair, fast, and credible system to recognise that talent in emerging fields like AI — especially for learners outside the IIT-IIM ecosystem," said a spokesperson for SITEADDA LABS TECHNOLOGIES LLP, the Indore-based technology company behind Aimanthan. "We built Aimanthan so that a student in a tier-3 city in Madhya Pradesh has the same access to a credible AI certificate as someone in Bengaluru or Mumbai." How Claude AI Makes the Difference Unlike conventional online certification platforms that rely on static multiple-choice answer keys, Aimanthan's assessments are evaluated in real time by Claude AI — Anthropic's flagship artificial intelligence model. Claude dynamically generates unique questions for every learner on their chosen topic, evaluates their responses contextually, and issues a score, grade, and level that reflect genuine demonstrated knowledge.

      This means an Aimanthan certificate cannot be faked, copied, or gamed. Every certificate carries a unique certificate number and a QR verification code, allowing recruiters and institutions to validate the credential in seconds at https://aimanthan.org/verify.php.

      "When a recruiter sees 'AI Evaluation by Claude (Anthropic)' on a certificate, they know it stands for something real," the spokesperson added. "This is not a participation certificate — it is a performance credential backed by the world's most credible AI company." Key Features of the Aimanthan Platform • Free Forever: No signup fee, no subscription, no hidden charges. The assessment and certificate remain permanently free for all learners.

      • Any Skill: Learners can choose any AI topic — Prompt Engineering, SEO with AI, Digital Marketing, Data Analysis, Travel AI, Healthcare AI, ChatGPT for Business, and more — making it India's most flexible AI certification platform.

      • 15-Minute Certification: A focused 10-question adaptive assessment, with a 30-second timer per question, yields an instant certificate upon completion.

      • QR-Verified Credentials: Every certificate is live and verifiable on the Aimanthan platform, ensuring authenticity for employers, institutions, and recruiters.

      • College Partnership Programme: Educational institutions can co-brand certificates, enrol students in bulk, and earn a commission — positioning themselves as AI-forward campuses aligned with Skill India and Digital India missions.

      • AI-Powered Courses: Full AI-generated courses with an AI Tutor (powered by Claude), video lessons, and project-based assessments are available for learners seeking deeper skills beyond the free certificate.

      Aligned with India's National AI Mission Aimanthan is explicitly aligned with three of India's flagship government programmes: Skill India, Digital India, and the IndiaAI Mission — the government's Rs 10,371 crore initiative to build AI infrastructure, skilling, and innovation ecosystems across the country.

      India's National AI Strategy recognises that democratising AI education is critical to the country's ambition to train 5 million AI-skilled professionals by 2027. Aimanthan contributes to this goal by removing the two biggest barriers to AI certification: cost and accessibility.

      "Our mission is simple: make AI education the great equaliser in India," the spokesperson stated. "Every certificate we issue is a small step toward the India that Prime Minister Modi described at VivaTech 2026 — where the democratisation of AI ensures its benefits reach everyone, not just the elite." The AI Skills Demand Is Urgent and Growing According to industry data, 80 percent of Indian companies have begun integrating AI tools into their operations in 2026. From e-commerce and banking to travel, healthcare, and content creation, AI literacy has moved from a 'nice to have' to a mandatory baseline skill across roles and industries.

      Google's recent launch of its AI Professional Certificate with bundled AI Pro access, and Microsoft's push of Copilot certifications through LinkedIn Learning, underscore the global consensus: certified AI training is the new standard for workforce hiring.

      Aimanthan differentiates itself by offering the fastest, most flexible, and most credible route to AI certification in India — one that does not require a learner to commit hours to a structured course before they can prove their skill.

      About Aimanthan Aimanthan (aimanthan.org) is India's free AI certification and education platform, built and operated by SITEADDA LABS TECHNOLOGIES LLP, a registered Indian technology company based in Indore, Madhya Pradesh. The platform uses Claude AI by Anthropic to evaluate learners across any AI skill topic, issuing QR-verified certificates instantly at zero cost. Aimanthan is aligned with the Skill India, Digital India, and IndiaAI missions. The platform also offers AI-powered full courses with AI Tutor support, college partnership programmes, and a daily AI blog for Indian learners.

      About Anthropic and Claude AI Anthropic is an AI safety company founded by Dario Amodei and other former OpenAI researchers. Claude, Anthropic's AI assistant, is one of the world's most widely trusted AI systems, deployed by Fortune 500 companies, healthcare organisations, government agencies, and educational institutions across 150+ countries. Anthropic was represented at the India AI Impact Summit 2026, New Delhi, alongside Google, OpenAI, and DeepMind.

      Media Contact SITEADDA LABS TECHNOLOGIES LLP Indore, Madhya Pradesh, India Website: aimanthan.org Email: [email protected] (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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