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RBI mandates kill switch for AI models at banks, introduces comprehensive model risk frameworkThe Reserve Bank of India is implementing stringent rules for banks and financial entities using Artificial Intelligence. A new draft frame...
Cruise tourism can be a major multiplier for India’s travel and MSME sectorsIndia’s cruise tourism sector is sailing into a new phase of growth, creating opportunities for MSMEs across travel, hospitality, logistics...
Tax reforms to play vital role in attracting global capital to India: ExpertsIndia's economic ascent hinges on predictable and simplified tax reforms to attract global capital, according to a senior financial expert....
WhatsApp groups as ‘Parliament’? Bengaluru woman’s viral post calls apartment complexes ‘sovereign nations’A Bengaluru resident's viral social media post likens Indian apartment complexes to sovereign nations. These communities possess their own ...
RBI proposes unified framework for banks' risk, compliance and audit functionsThe Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost go...
Root cause: India’s spice crown under threat as quality concerns trace back to farmsFarm-level traceability, quality, value addition, and branding are key to converting export scale into global trust, according to experts.
Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial developmentThe Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the P...
IndusInd Bank faces fresh whistleblower allegationsThe new complaint alleges insider trading by Samir Agarwal, former zonal head of eastern India at IndusInd Bank, manipulation of financial ...
MLA Priyank Kharge meets Congress chief Mallikarjun Kharge ahead of June 3 Karnataka cabinet swearing-inKarnataka Congress MLA Priyank Kharge met party chief Mallikarjun Kharge in the national capital. DK Shivakumar will be sworn in as Chief M...
RBI must let rupee depreciate; use liquidity tools, not rate hikes, to curtail inflation: Duvvuri SubbaraoFormer RBI Governor Duvvuri Subbarao has advised the RBI to allow some rupee depreciation to counter external pressures. He has suggested u...
HAL out, Tata and L&T in: IAF pushes ahead with private firms to fulfil India’s AMCA fifth-generation jet dreamIndia's ambitious Advanced Medium Combat Aircraft (AMCA) program has advanced with the Defence Ministry inviting bids from private firms fo...
She got $400 million and a dream; now she's the woman who defied America's tech blockade - who is China's 'Chip Queen'?She was handed $400 million and one impossible mission — make Huawei independent from foreign chips. Years later, He Tingbo emerged as Chin...
Funds are won or lost on operational rigour, not just deal-making: Artha Group COOAs venture capital matures beyond the era of easy money and momentum investing, operational discipline is becoming as important as deal-mak...
Jaypee Golf Club members in Noida seek clarity as Adani takeover of JAL nearsJaypee Golf Club members face uncertainty as Jaiprakash Associates' insolvency nears conclusion. Members demand clarity from the Resolution...
CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
From axles to rare earth: India draws up list of 100 products it still can't make enough ofIndia is set to boost its manufacturing sector by identifying around 100 products for domestic production. This initiative aims to reduce r...
Sebi proposes key tweaks to streamline derivatives tradingSebi proposes simplifying exchange-traded and commodity derivatives regulations by removing complex close-to-money (CTM) option rules and r...
Audit firms count the cost as India looks to tighten rulesThe landscape of corporate governance in India is on the brink of transformation, with new proposals potentially establishing some of the h...
Coal Gasification Scheme worth Rs 37.5k cr cleared to fortify energy securityFinancial support to developers will be provided at a maximum of 20% of the cost of plant and machinery through a competitive bidding proce...
India’s first indigenous 200-kmph Ahmedabad-Dholera rail corridor worth Rs 20,667 crore gets Cabinet nodA new semi-high-speed rail line will connect Ahmedabad and Dholera in Gujarat. The project, costing around Rs 20,667 crore, will be India's...