India's central bank, the RBI, is opting against direct settlement of government securities via offshore platforms like Euroclear. Instead,...

The RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic ...

The Reserve Bank of India has temporarily removed interest rate ceilings on non-resident deposits, allowing banks to freely mobilize overse...

The Reserve Bank of India has removed interest rate caps on specific non-resident deposits. This move grants banks more freedom to attract ...

Pratyush Kumar of Sarvam AI joined top global AI leaders for a G-7 working lunch. The meeting focused on AI and the Digital Age. Leaders fr...

The rupee extended its gains to close at 94.53 against the US dollar, supported by RBI measures to boost foreign currency inflows, softer c...

Maya Research is developing conversational AI models designed to speak and respond like native speakers across languages and cultural conte...

India's generative AI landscape is thriving, yet it seeks greater global financial backing. While local startups are making strides in fund...

India and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield busin...

Over 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...

Navneet Govil, the chief financial officer of SoftBank's Vision Fund, is departing after a decade. His exit comes as the investment giant, ...

Fresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5.

India's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This invest...

Varya by Avataar AI is an AI video generation model that creates videos from simple prompts quickly and cost-effectively. It delivers local...

Indian artificial intelligence companies are increasingly securing funding from the United States. Investors are drawn to promising returns...

Indian semiconductor startups are urging the government for stronger market access and intellectual property protection. They highlight the...

Karnataka's IT/BT department has approved four initiatives totaling over Rs 27 crore to boost innovation across the state. These projects i...