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SOVEREIGN OBLIGATIONS
Can India govern AI it does not own? RBI’s model risk framework and its limitsRBI's new AI governance rules for banks place significant accountability on financial entities for all predictive models, including third-p...- AI driving credit risk, may threaten jobs and tax revenues in developed economies: FitchFitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...
- Jana Holdings to pare Jana Bank stake to repay its bond holdersJana Holdings plans to reduce its stake in Jana Small Finance Bank to below 10% from 17% to meet bondholder payment obligations, including ...
- Britain's King Charles to reveal personal tax bill: PalaceCharles began releasing his personal tax information when he was heir to the throne, but will become the first monarch to disclose it. "The...
- IndAI sovereignty, a fable: Frontier AI is now a geopolitical tool — India must leverage its market accessibilityIndia faces a critical juncture as powerful AI models are restricted by the US. This move impacts the security of India's digital infrastru...
- Vanguard slashes Ola value; War chokes PCB supplyAmerican investor Vanguard has sharply cut the fair value of Ola's parent company. This and more in today's ETtech Top 5.
- Pope calls for robust regulation of AI in manifesto that ponders the future of humanityPope Leo XIV's encyclical, "Magnifica Humanitas," urges robust AI regulation and ethical development for humanity's good, not profit. He wa...
- Ahead of Trump-Xi summit, China warns on US arms sales to TaiwanChina strongly opposes U.S. arms sales to Taiwan, urging Washington to honor commitments ahead of President Trump's Beijing summit. Beijing...
- Jio revamps mega IPO; DailyObjects lines up fresh capitalReliance Industries is revamping Jio Platforms’ IPO plans amid investor disagreements over valuation. This and more in today's ETtech Top 5.
- One year after Op Sindoor, India keeps gates of dams on Indus shut, maintains position on 'unjust' treatyOne year after the launch of Operation Sindoor, India has opted to keep the Indus Water Treaty suspended, marking a pivotal shift in its po...
- FCC commissioner seeks rigorous review of foreign investment in Warner Bros dealThe sole Democratic FCC commissioner is demanding a thorough review of foreign ownership interests in the proposed Paramount-Warner Bros. D...
- India extends financial support to Maldives under SAARCIndia has approved a significant ₹3,000-crore currency swap for the Maldives. This move aims to bolster the island nation's economy under t...
- Guns, drones & algos: War gets smarter, faster & uncomfortably less humanArtificial intelligence is revolutionizing global warfare. Nations are significantly increasing AI spending for defense. This technology en...
- As Male faces stress, India weighs currency swap extensionIndia is reviewing the Maldives' plea for an extended currency swap facility. The island nation faces significant economic strain, compound...
- There will be no default on MTNL bond dues: Telecom Minister ScindiaThe Indian government has assured there will be no default on MTNL's bond dues as its operations transfer to BSNL. Telecom Minister Jyotira...
- Economic Survey slams Credit Rating Agencies, says they do not reflect India's economic fundamentalsThe Survey questioned the sovereign credit ratings and stated that these do not capture correctly the strong economic fundamentals of India.
- Economic Survey takes Moody’s, S&P head on, accuses them of biasThe survey prepared by Chief Economic Adviser Dr KV Subramanian said the current sovereign rating of India does not truly reflect its funda...
- View: Why Raghuram Rajan is wrong about foreign currency debtA foreign currency denominated sovereign bond, issued in modest quantities would have a salutary effect on the external rating and pricing ...
- Standard & Poor's affirms IRFC rating on expected government backingS&P Global Ratings has 'BBB-' on IRFC, the financing arm of the state-owned Indian Railways -- same as the rating for the sovereign.
- Saudi sovereign debt rated one of World's least risky: ReportIt is the first time Saudi Arabia has reached the top 10, and reflects the solid fundamentals behind the country's economy despite the glob...
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