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FINANCIAL SYSTEM OVERSIGHT
Rs 18,907 crore earmarked to build 26,474 kilometres of rural roads: GovtThe Central government plans to build 26,474 kilometers of rural roads by 2026-27. A budget of Rs 18,907 crore is allocated for this under ...- NSE flags regulatory, tech, AI, derivatives concentration risks in IPO papersThe National Stock Exchange raises a red flag regarding substantial financial and operational threats. Emerging regulatory frameworks, tech...
- J. Kumar bets big on tunnelling as India’s urban pipeline expandsAs India races ahead with metro expansion and urban infrastructure development, execution excellence is becoming the defining factor behind...
- Inside KPMG's AI report scandal: False claims, bogus case studies and hallucinated success storiesKPMG has retracted a global report after major organizations like UBS and the NHS denied claims of using AI for operational transformations...
- Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
- Global watchdog calls for tighter controls on agentic AI in financeThe Financial Stability Board (FSB) in a report on Wednesday "strongly" encouraged boards to consider implementing safeguards to mitigate r...
- Why tomorrow’s finance leaders must think beyond spreadsheetsFinance leadership is shifting from historical accuracy to navigating future uncertainty, with AI becoming crucial for decision-making. Org...
- AGI for all among OpenAI’s ambitions for its next phaseOpenAI is entering a new phase to make advanced AI widely available and affordable. The company plans to build AI researchers to accelerate...
- Five ways Elon Musk's SpaceX upended Wall Street's IPO playbookSpaceX is launching its IPO with a record $75 billion listing, breaking Wall Street traditions. The company is setting a fixed share price,...
- Epstein accusers face relentless harassment; threats and intimidation escalate after identities exposed in Justice Department filesVictims of Jeffrey Epstein face severe threats and harassment. Their identities were exposed in government files, leading to online abuse a...
- IDFC First Bank fraud was isolated case involving collusion: KPMGA forensic review has confirmed a Rs 646 crore fraud at IDFC First Bank's Chandigarh branch was an isolated incident. The fraud involved co...
- Netradyne joins hands with NHEV to transform electric mobility across India's e-highwaysA initiative brings together AI-powered intelligence, highway infrastructure, driver safety and operational credibility to accelerate India...
- Trump orders tighter banking scrutiny of undocumented migrants, warns of account seizuresPresident Trump announced an executive order to shut down and seize funds from bank accounts supporting illegal immigration or holding welf...
- ICC suspension unexpected, but corrective measures underway: Cricket CanadaCricket Canada's membership has been suspended by the ICC. This decision stems from serious breaches in governance and financial obligation...
- US banks rely on a 65-year-old programming language; companies are paying a premium for developers who know itA 1959 programming language, COBOL, is powering global finance and government systems. As experienced programmers retire, companies face a ...
- Operation Octopus: Trapping the tentacles of India’s cyber fraud networkAmidst the alarming increase in cyber scams, the Hyderabad Police have initiated Operation Octopus, a mission aimed at dismantling the enti...
- 'Hellfire' over Iran? US aircraft disables merchant vessel trying to reach Iranian portUS forces disabled a merchant vessel attempting to reach an Iranian port after it ignored over 20 warnings, highlighting a strict maritime ...
- HDFC Bank shares fall 5% in two sessions; lender responds to recent Rs 45 crore differential payment reportHDFC Bank shares dropped for a second day following a report of an internal investigation into Rs 45 crore in payments disguised as marketi...
- Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
- US Market: Fed, FDIC push leaner, risk-focused bank supervisionUS financial regulators are enacting significant changes to bank oversight, moving away from detailed paperwork towards focusing on "materi...
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