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Can India govern AI it does not own? RBI’s model risk framework and its limitsRBI's new AI governance rules for banks place significant accountability on financial entities for all predictive models, including third-p...- China plans next Pakistan-like CPEC corridor in India's neighbourhood. This time it runs through Bangladesh and MyanmarChina is forging a new economic corridor linking Bangladesh and Myanmar, offering a strategic route to the Bay of Bengal and mirroring the ...
- PE-VCs push structural reboot; Cred backers’ Meta gainsHappy Friday! India’s PE-VC lobby is seeking a structural overhaul to woo foreign capital and fund managers. This and more in today’s ETtec...
- RBI tells parliamentary panel that virtual digital assets like cryptocurrency a threat to economyThe Reserve Bank of India has informed a parliamentary panel that virtual digital assets like cryptocurrency pose a threat to India's devel...
- Mythos and the fight over America's most powerful AIAfter a US government greenlight, global access to Anthropic's powerful AI model Fable 5 -- along with restricted access to the even more p...
- President Xi Jinping directs PLA to speed up modernisationPresident Xi Jinping has urged the People's Liberation Army to accelerate its modernization to achieve world-class standards by 2027, aimin...
- China unveils 350-kmph Xi'an-Shiyan bullet train, cuts travel time from over six hours to oneChina has launched the Xi'an-Shiyan high-speed railway, a crucial link connecting central and western regions. This 257-km line, designed f...
- Singapore police say AI chip fraud suspects face additional fraud and money laundering chargesThe charges relate to an investigation of fraud by falsely representing who would be the end-user of servers purchased from Dell, Super M...
- World Bank to phase out China lending by 2031The World Bank is set to cease lending to China by 2031, a move reflecting Beijing's economic ascent. Loans will be capped at $2 billion un...
- Zee Entertainment shares jump 6% after Rs 418 crore FDI approvalZee Entertainment shares jumped after receiving government approval for a Rs 418 crore foreign investment from an Invesco-managed fund. Thi...
- Voltas gears up to start AC exports to tap growing demand in Europe, Middle EastVoltas, India's leading air-conditioner maker, is set to expand its global footprint by exporting to Europe and the Middle East, leveraging...
- Zee Entertainment gets govt nod for Rs 418-cr investment from Invesco fundZee Entertainment has secured a significant Rs 418 crore foreign investment from OFI Global China Fund LLC, marking the fund's return after...
- Asia's crude oil imports tick up in June but uncertainty reignsAsia's crude oil imports saw a slight June uptick but remain near decade lows, impacted by the Iran conflict disrupting Middle East shipmen...
- India seeks EU scrap export relief as curbs threaten trade pact gainsIndia has urged the European Union to reconsider planned restrictions on metal scrap exports. Steel and aluminium producers fear these curb...
- Nvidia's AI chip sales in China stall, as local chipmakers like Huawei take the leadJensen Huang, the CEO of computer chip giant Nvidia, was mobbed by onlookers as he hit the streets for the "zhajiangmian" noodles while vis...
- Sheikh Hasina says she will return to Bangladesh this year, criticises current governmentExiled former Bangladesh Prime Minister Sheikh Hasina plans to return this year, asserting her fight is for the people's political rights a...
- Small plane crash at Beijing high-rise kills pilot and injures 13, authorities sayA pilot has died and 13 others were injured after a small aircraft crashed into Beijing's towering CITIC Tower on Friday. The two-seat ligh...
- Oil prices dive as more tankers move through Strait of HormuzCrude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, ...
- Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
- Dalal Street set for a positive start as GIFT Nifty trades higherIndian markets bounced back strongly on Wednesday, with the Nifty closing over 24,000, fueled by renewed buying and falling energy prices. ...
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