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    DPIIT, ONDC Bring FMCG Leaders Together to Digitise Procurement for India’s 1.4 Crore Kirana Stores Through DigiDukaan
    ED arrests 2 former executives of Reliance Anil Ambani Group
    ED arrests 2 former executives of Reliance Anil Ambani Group in money laundering case
    India has capacity to repay 94 per cent of its foreign debt in a single day, says Fadnavis
    2 TCS employees booked for abetment over colleague''s ''suicide'', company says it is ascertaining facts
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June 13, 2026
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General trade digitisation through DigiDukaan aims to streamline kirana procurement, improve scheme visibility, and strengthen FMCG supply chains.
DPIIT and ONDC convened an industry roundtable on DigiDukaan to digitise B2B procurement for kirana stores across India's General Trade ecosystem. The discussion focused on fragmented ordering, limited inventory visibility and manual sales processes, and on how open digital infrastructure can improve procurement efficiency, scheme visibility, fill rates, working capital management, distributor reach and access to retailer demand signals.
June 12, 2026
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Money laundering probe over alleged bank loan fraud leads to arrests of former Reliance Telecom executives.
The Enforcement Directorate arrested two former Reliance Anil Ambani Group executives under the Prevention of Money Laundering Act in connection with an alleged bank loan fraud involving Reliance Telecom Ltd. The agency took transit remand to move them to Delhi, where the case is registered. The ED is stated to have taken cognisance of a prior CBI complaint and is examining their roles in the alleged fraud.
June 12, 2026
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Money laundering enforcement under anti-money laundering law leads to arrest of former corporate executives in a linked case.
The Enforcement Directorate arrested two former executives of the Reliance Anil Ambani Group under the Prevention of Money Laundering Act in a money laundering case. The arrests were made in Mumbai, and the accused were taken to Delhi on transit remand because the case was registered in the national capital. The two individuals had previously served as directors in Reliance Telecom Ltd.
June 12, 2026
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Economic growth and external resilience define India's expanding macroeconomic strength, despite recession concerns and debt repayment fears.
India's macroeconomic position is described as having strengthened through robust growth, high foreign exchange reserves and expanding external resilience. The text states that concerns about recession were dismissed on the basis that India continued to record the highest growth rate among major economies, with GDP growth remaining strong in the latest quarter and the fiscal year. It also notes that India had become the world's fourth-largest economy and was on course toward a USD 5 trillion economy. The article further highlights external sector stability by stating that India's foreign exchange reserves were sufficient to cover nearly 11 months of imports and that the country had the capacity, if required, to repay 94 per cent of its foreign debt in a single day.
June 12, 2026
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Abetment to suicide allegations arise after a workplace death, with the company saying it is ascertaining the facts.
Police registered a case of alleged abetment to suicide against three persons, including two employees of an IT company, after the death of a 48-year-old staffer. The complaint relied on a purported suicide note alleging defamatory emails, repeated humiliation before colleagues, denial of favourable work assignments, assignment of work outside the victim's expertise, and pressure to resign. The company said it was ascertaining the facts and reaffirmed its commitment to a respectful and inclusive workplace.
June 12, 2026
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Economic resilience and strong growth keep India ahead of recession forecasts amid robust GDP and reserves.
India's economic performance was described as resilient despite recession forecasts, with the current growth rate stated to be the highest in the world. GDP growth was reported at 7.8 per cent in the January-March quarter and FY26 expansion at 7.7 per cent, while India was said to have become the world's fourth-largest economy and to be moving towards a USD 5 trillion economy. The account also highlighted large foreign exchange reserves, claimed debt-repayment capacity, and strong digital payment adoption through UPI.
June 12, 2026
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Retail inflation pressures intensify as food costs and fuel pass-through lift CPI and widen upside risks for monetary policy.
Retail inflation rose to 3.93 per cent in May 2026, driven mainly by higher food prices and the pass-through of rising global energy costs into domestic petrol and diesel rates. CPI-based food inflation increased to 4.78 per cent, with sharp price pressures in perishables and other items, while the RBI's inflation objective remains 4 per cent within a tolerance band of 2 per cent on either side. The RBI had raised its inflation projection for the current fiscal year to 5.1 per cent.
June 12, 2026
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Contingency fund use for routine pension payments raises questions over unforeseen expenditure limits and fiscal management.
Withdrawal from the Bihar Contingency Fund for pension payments was criticised on the ground that contingency money is meant only for unforeseen or emergent expenditure. The state's fiscal condition was described as strained, and the Bihar Contingency Fund (Amendment) Ordinance, 2025 was cited as allowing temporary enhancement of the fund up to 10 per cent of the annual expenditure budget.
June 12, 2026
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Foreign exchange reserves decline as lower foreign currency assets are partly offset by higher gold reserves.
India's foreign exchange reserves declined to USD 681.610 billion in the week ended 5 June 2026, mainly due to a sharp fall in foreign currency assets. The decrease was partly offset by higher gold reserves, a marginal rise in special drawing rights, and the reported IMF reserve position.
June 12, 2026
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Anti-smuggling operations target foreign-origin cigarette trafficking across the North Eastern Region with major seizures and arrests.
The Directorate of Revenue Intelligence conducted coordinated anti-smuggling operations in the North Eastern Region against foreign-origin cigarettes. Since May 2026, the operations led to seizure of about 71 lakh sticks of smuggled cigarettes, cumulatively valued at approximately Rs. 14 crore, and the arrest of four persons. A major seizure was made in Mizoram on 11 June 2026, where more than 45 lakh sticks were recovered with assistance of the 34th Battalion, Assam Rifles, and preliminary investigation indicated smuggling from Myanmar through the Zokhawthar sector.
June 12, 2026
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International tax and transfer pricing outreach highlights the transition to the new Income-tax Act and compliance mechanisms.
The Income Tax Department and PwC India organised an outreach webinar on the transition to the Income-tax Act, 2025 and the new Income-tax Rules, 2026, focusing on international tax and transfer pricing. The session discussed cross-border transfer pricing, international cooperation, India's role in the global taxation ecosystem, and the relevance of Advance Pricing Agreements and Safe Harbour provisions for certainty and compliance.
June 12, 2026
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Precision engineering scale strengthens customer embedment as Unimech Aerospace reports order-book growth and a sharp quarterly recovery.
Unimech Aerospace & Manufacturing Ltd. reported a rebound after tariff-related ordering delays, with its order book tripling to about ?314 crore and Q4 FY26 showing a sharp recovery in revenue, EBITDA and PAT. The company said more than 200 first-article qualifications were completed, several converting into production, and described its integrated manufacturing and qualification platform as the basis of stronger customer embedment and switching costs. It also highlighted the Hobel Bellows acquisition, nuclear orders, indigenous micro gas turbine development, and a Saudi joint venture as part of its growth strategy.
June 12, 2026
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Retail inflation rises on higher food and fuel prices as RBI lifts inflation outlook for the fiscal year.
Retail inflation rose to 3.93 per cent in May, driven by higher food prices, while CPI food inflation increased to 4.78 per cent. The Reserve Bank of India factors CPI inflation in monetary policy and has a mandated headline inflation target of 4 per cent with a 2 per cent tolerance band. The RBI also raised its inflation projection, citing mounting input costs and the pass-through of higher global energy prices to retail petrol and diesel prices.
June 12, 2026
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India-EU free trade agreement seen as boosting Germany-India trade, manufacturing, IT and renewable energy cooperation.
The proposed India-European Union Free Trade Agreement is expected to strengthen Germany-India trade relations and create additional opportunities for German companies to expand their presence in India. The focus includes manufacturing and information technology, with interest extending beyond established hubs such as Pune and Bengaluru to other regions of the country. Cooperation is also described in the fields of renewable energy, solar energy, environment and sustainable development, supported by the Indo-German Green and Sustainable Development Partnership.
June 12, 2026
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Enterprise AI and data transformation expand with a new platform lab for scalable analytics and automation.
Enterprise AI and data transformation infrastructure was expanded through the launch of an Oracle AI Data Platform Lab and Centre of Excellence designed to address fragmented data systems, slow analytics cycles, limited AI scalability and operational inefficiencies. The facility is intended to make enterprise data AI-ready and support deployment of AI-powered applications and automation at scale using Oracle Cloud Infrastructure, Oracle Autonomous AI Database and OCI Enterprise AI. Similar labs and centres are planned in additional Indian cities.
June 12, 2026
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Money laundering probe over alleged CMRL-Exalogic transactions leads to fresh summons and document production requirements.
Enforcement Directorate issued a fresh summons in a money laundering probe involving CMRL and Exalogic Solutions Private Limited, requiring appearance with relevant documents. The inquiry concerns alleged payments without services and a loan transaction said to have generated proceeds of crime, with the case registered under the Prevention of Money Laundering Act on the basis of an SFIO complaint.
June 12, 2026
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Money laundering probe over alleged fraudulent company transactions and bogus expenses leads to fresh questioning summons.
Enforcement Directorate issued fresh summons in a money-laundering probe over alleged fraudulent transactions between a defunct IT company and a Kerala-based sand mining company. The investigation concerns consultancy-linked payments, loans despite repayment default, and whether the transactions generated proceeds of crime. The background also refers to alleged bogus expenditure entries, cash generation, prior searches, admissions before tax authorities, and a prosecution complaint filed after the complaint-based investigation.
June 12, 2026
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Responsible lending drives A&H Finverse's pan-India expansion, offering customised financing for complex business needs.
A&H Finverse has been launched as the evolved identity of A&H Capital, with a continued emphasis on responsible lending, transparency, fairness and ethical business finance. It positions itself as a specialist in large-ticket and complex financing needs, offering customised solutions through unsecured business loans, structured finance, construction finance, trade finance, working capital solutions, crisis funding, capital raising through NCDs and structured instruments, and sector-specific funding. The firm also highlights its pan-India expansion, including South India and a branch office in Kolkata.
June 12, 2026
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Structured debt financing supports export-led manufacturing expansion, operational nization, and supply-chain strengthening for a textile exporter.
A textile manufacturer and exporter secured a structured debt facility to support export-led growth, including execution of confirmed overseas orders, procurement, manufacturing, inventory management, logistics, packaging, shipment, and related working-capital needs. The secured corporate debt arrangement was tailored to the company's export cycle, liquidity requirements, and commercial expansion plans, and was also intended to fund manufacturing expansion, process automation, quality assurance systems, compliance infrastructure, and supply-chain strengthening.
June 12, 2026
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Rupee movement strengthens as weaker dollar, lower crude prices, and improved market sentiment support early forex trade.
Rupee movement in early foreign exchange trade was influenced by retreating global crude oil prices, a weaker US dollar, and improved domestic equity-market sentiment. The local unit opened stronger and moved higher against the US dollar after earlier weakness, with traders attributing the gain to reduced oil-price pressure following indications of an imminent Iran-related deal and the cancellation of planned military strikes.

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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

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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