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INDIAN REGULATORY CONCERNS
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...- Insurance regulator IRDAI plans overhaul of commission rules to curb mis-selling, sources sayIndia's insurance regulator is set to overhaul distributor commissions, proposing payments spread over a policy's life to curb mis-selling ...
- Username row: After WhatsApp, IT Ministry sends notice to Telegram, SignalSources said that in the notice to Telegram, the government has asked the platform why it should be allowed to retain the username feature....
- Plea in SC refers to 'Rs 370 biryani' remark at standup comedy show, seeks regulatory frameworkA Supreme Court plea seeks a regulatory framework for digital content, including stand-up comedy and AI, following a controversial "Rs 370 ...
- Nearly half of Indian households need electrical upgrades for EV charging: ReportA significant portion of Indian homes need electrical upgrades to safely charge electric vehicles, a new study reveals. This infrastructure...
- India's June crude imports hit record high as Russian supplies surge despite West Asia tensionsIndia's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidifi...
- Auto sector still robust, but limited upside left at current valuations: Anand TandonMarket expert Anand Tandon observes that while the Indian auto sector shows resilience, its optimism is largely priced into current valuati...
- Easing oil prices, supply chains to soften external pressures on India: Finance ministryIndia's economy remains resilient despite global uncertainties, with easing oil prices and improving supply chains offering some relief. Ho...
- India's underperformance sets stage for recovery, says JM Financial's Deepak GuptaIndian equities are showing signs of a potential rebound, with attractive valuations and improved currency stability, according to Deepak G...
- AI-enabled cyberattacks biggest near-term threat to financial system: RBIAI-powered cyberattacks are India's top financial system risk, according to the RBI's latest report. Banks and NBFCs are most concerned abo...
- Global Market: Financial firms shift Asia expansion focus to South Korea, take cautious stance on China and IndiaGlobal financial firms are increasingly prioritising South Korea for Asia-Pacific expansion while adopting a cautious approach towards Chin...
- NRI Talk | Rupee depreciation shouldn't deter NRIs; India still offers attractive dollar returns: Feroze AzeezNRIs are questioning India's investment appeal due to recent flat returns and rupee depreciation. However, experts emphasize India's strong...
- HDFC Bank overhang eases, Kotak CEO exit creates fresh uncertainty: What Pranav Gundlapalle is watching nowIndia's private banking sector faces pivotal moments with two major players at different junctures. HDFC Bank awaits RBI's nod for its CEO,...
- Persistent's Nagarro deal could be a near-term pain for long-term gainPersistent Systems is acquiring Nagarro SE for $1.3 billion, aiming for European expansion and reduced US market reliance. While strategica...
- HDFC Bank case: Ex-Chairman Atanu Chakraborty questions external legal review, calls it "superfluous"Former HDFC Bank chairman Atanu Chakraborty has questioned the necessity of an external legal review into his resignation, stating the bank...
- Punjab drug body finds critical lapses at Jackson Laboratories' manufacturing facility in AmritsarThe Punjab FDA has taken decisive action by revoking the manufacturing licence of Jackson Laboratories in Amritsar due to severe regulatory...
- Need to de-risk single-point failures in global AI supply chains: US officialAccording to a high-ranking official from the US, there is a strong partnership between India and the US in fortifying global AI supply cha...
- WHO seeks details from India over oxytocin-linked deaths; licences of manufacturer cancelledThe World Health Organisation (WHO) has sought details from the Indian government after reports linked oxytocin injections made by Jackson ...
- Centre set to tighten oversight of pharma packaging materialsIndia is set to implement a mandatory registration for printed pharmaceutical packaging manufacturers to combat counterfeit drugs. This mov...
- FPIs pump record Rs 39,640 crore into Indian G-Secs in June so farOverseas investors have poured a record ₹39,640 crore into Indian government bonds this June, driven by tax exemptions and expanded access ...
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