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CENTRE FOR MONITORING INDIAN ECONOMY
HDFC Bank develops own AI platform, fraud monitoring systemHDFC Bank is transforming into a tech powerhouse, developing its own AI platform, Neev, and a real-time fraud detection system. These in-ho...- Govt notifies new VB-G RAM-G rules, excess spending to be monitored to prevent misuseNew rules mandate strict monitoring of state spending on the rural employment scheme, VB-G RAM-G, exceeding central allocations. The scheme...
- PlayBlue raises $2.7 million in seed funding to expand omnichannel sports retail businessSports retail startup PlayBlue has secured $2.7 million in seed funding to launch its omnichannel platform and first flagship stores in Ben...
- Monsoon reaches all parts of Uttarakhand; 'Orange' alert for five districts on ThursdayUttarakhand has been fully covered by the Southwest Monsoon, bringing much-needed rain and a significant drop in temperatures across the st...
- India's economic plot twist comes with one villain stepping aside, another waitingIndia's economic outlook has improved as falling crude oil prices ease inflation, strengthen the balance of payments and prompt economists ...
- Don't worry, banks have shock absorbers: RBIIn its bi-annual Financial Stability Report, the RBI flagged concerns over customer service in the insurance sector and again cautioned tha...
- Indian economy remains exposed to energy price shocks: RBI reportIndia's economy faces potential exchange rate volatility due to rising oil prices and supply chain issues, an RBI report revealed. Despite ...
- AI tools helping identify GST evasion, easing compliance for honest taxpayers: FinMinIndia's Goods and Services Tax (GST) system is leveraging advanced technologies like AI and data analytics to combat tax evasion and stream...
- Credit guarantee of Rs 13 lakh cr to micro, small cos in last few yrs; delayed payments under lensThe government has provided substantial credit guarantees, totaling Rs 13 lakh crore, to micro and small enterprises, significantly boostin...
- 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...
- Centre extends duty relief on key petrochemical products till July 15The government has extended the import duty exemption on about 40 key petrochemical products by 15 days, now until July 15. This move aims ...
- Integrated command centre powers multi-layered Amarnath yatra security in JammuJammu's Amarnath Yatra is set for a tech-driven security upgrade with a new integrated command centre. This advanced hub, operational since...
- India well-poised for rapid growth despite risks from West Asia war and El Nino: ITCDespite facing geopolitical instability and weather-related challenges, India's economy is expected to grow robustly at 6.9% in FY27. This ...
- Building resilient supply chains through an India-Chile partnershipChile, a major global player in critical minerals like copper and lithium, presents a compelling strategic alliance opportunity for India. ...
- STT, Tata Delhi data centre fire leaves clients fearing decades of data lost; Google hitA devastating fire at a New Delhi data centre, a joint venture between ST Telemedia and Tata Communications, has crippled Google Cloud serv...
- RBI's Malhotra says rate hike talk is premature, stays in wait-and-watch modeReserve Bank Governor Sanjay Malhotra stated that a rate hike is premature, emphasizing the central bank's cautious, data-dependent approac...
- India 'proactively monitoring' Telegram over concerns about illegal content, government report showsAn Indian government investigation has revealed Telegram's extensive use for child abuse material and financial scams. The Home Ministry's ...
- RBI MPC: Growth rate could top 7% if oil prices fall furtherThe MPC members had voted for a status quo in the June policy, citing resilient growth and the need to assess inflation impact while statin...
- 22.7 lakh students appear for NEET re-test amid AI, CCTV and biometric vigilThe National Testing Agency (NTA) conducted the NEET-UG re-examination on Sunday for 22.7 lakh candidates at 5,440 centres in India and 14 ...
- Fully prepared for smooth, secure conduct of NEET-UG re-exam: NTAThe agency said it is closely monitoring social media and taking firm action against rumour-mongering and fraudulent "paper leak" claims, w...
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