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RISK MANAGEMENT REVIEW
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...- 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...
- Elephant encounters: Scientists tracked elephants for 19 years in Botswana and found that year-long droughts pushed them toward human settlements, raising the risk of dangerous encountersAfrican elephants are increasingly venturing closer to human settlements as prolonged droughts persist, a new study reveals. Research from ...
- Man killed on Mumbai local train during fight over keeping doors open amid rainsIn a horrific case, a man aged 22 was fatally stabbed on a Mumbai local train during a heated debate about the train doors being left open ...
- IBM partners with OpenAI on enterprise security AIIBM joined the OpenAI Daybreak Cyber Partner Program and is collaborating with the startup to integrate protective AI tools directly into b...
- Scientists just reviewed more than 400 cat studies and found that outdoor-roaming pets had three to five times the odds of carrying germs that can infect people, turning a common habit into a quiet public health riskA groundbreaking study reveals that outdoor-roaming pet cats carry infectious diseases at rates similar to feral cats, posing risks to huma...
- There are little signs of economy overheating: Saugata BhattacharyaFalling crude oil prices might boost growth beyond central bank forecasts, potentially easing rate hike needs. However, supply chain disrup...
- NHB probing Aavas Financiers over loan classification lapsesThe sector regulator has recalled refinancing support worth nearly Rs 500 crore —a punitive action that has set off a sweeping leadership o...
- PSBs told to tighten scrutiny of government accounts amid fraud concernsIn response to a staggering ₹590 crore fraud uncovered in Haryana government accounts, the finance ministry has mandated that public sector...
- Parliament panel to review India's economy amid global turmoil and growth concernsA key parliamentary committee will scrutinise India's evolving economic landscape in 2025-26, amid global conflicts and trade uncertainties...
- Canadian lender TD tells some employees it will use software to monitor their workTD said in a statement to Reuters the deployment is "standard practice across the industry." "In various parts of our business, we use auto...
- Canadian lender TD tells some employees it will use software to monitor their workIn a bid to refine efficiency, Toronto-Dominion Bank is introducing software to monitor employee activities in its financial crimes and ris...
- India bans 16 fixed-dose drug combinations over safety concernsIn a significant public health initiative, the ban on 16 fixed-dose drug combinations, including various antibiotics and topical formulatio...
- Retirement savings gap after a career break? Expert shares how to recover without taking big risksCareer breaks, common for women, can impact retirement savings. Experts advise accepting the situation and implementing a catch-up plan by ...
- RBI MPC minutes: Policy misstep fears drove rate pause amid West Asia uncertaintyThe Reserve Bank of India's Monetary Policy Committee has opted for a cautious "wait and watch" stance, holding the repo rate steady due to...
- RBI MPC minutes: 'Energy prices unlikely to return to pre-conflict levels,' says economist Saugata BhattacharyaThe Reserve Bank of India's Monetary Policy Committee maintained the repo rate at 5.25% with a neutral stance. External member Saugata Bhat...
- Sebi proposes to rework margin trading rules to contain risksThe Securities and Exchange Board of India (Sebi) has proposed significant changes to its margin trading facility (MTF) framework. These in...
- In 1860, German chemistry PhD Albert Niemann isolated cocaine from coca leaves; the tongue-numbness he noted led to the first local anesthesia 24 years laterA simple observation of numbness from coca leaves led to a medical revolution. Scientists isolated cocaine, revealing its power to block pa...
- The US is using an Iranian smuggling tactic to sneak oil out of the GulfThe US military is secretly guiding oil tankers through the Gulf of Oman. This operation uses drones and helicopters to facilitate ship-to-...
- The U.S. is using an Iranian smuggling tactic to sneak oil out of the GulfAmerica's military is secretly guiding oil tankers in the Gulf of Oman. This operation uses drones and helicopters to help ships transfer o...
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