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SYSTEMIC RISK
Cos keen to take bite of AI, but security and RoI hold them from sinking teethIndustry captains say AI adoption is less about choosing latest frontier model, more about redesigning workflows and building resilience- El Niño officially returns in 2026: WMO warns climate event could strengthen between July and September, raising risk of heatwaves, droughts and heavy rainfallA powerful El Niño event is officially underway, with the World Meteorological Organization warning of intensified global weather extremes....
- RBI backs crypto containment and keeps ban on table, officials tell house panelThe Reserve Bank of India has strongly advised a prohibition strategy for crypto assets, recommending that banks and financial institutions...
- Control encroaching coaching centresAs India's burgeoning coaching sector, a complementary education system, stands on the brink of national regulation, a government report pr...
- How traders are choosing FTMO alternatives that match their trading styleTraders are increasingly exploring FTMO alternatives as prop trading firms proliferate. These firms offer diverse evaluation systems, tradi...
- India emerges as AI opportunity hub, but UN panel warns of gaps in infrastructure, talent and safeguardsA UN-backed panel's initial report highlights India's AI healthcare successes but warns of a growing 'AI divide'. While India possesses tal...
- India's lending boom might no longer be largely bank-ledIndia's private credit market is booming, doubling in five years to $25 billion as companies seek alternatives to traditional bank loans fo...
- Promoters with fraud loan A/Cs may not get to join other companies as directorsThe move follows concerns raised by banks, citing cases where such promoters continue to hold directorships elsewhere. Existing laws do not...
- RBI's tighter capital market norms kick in from today; Ashvin Parekh on why the timing mattersNew Reserve Bank of India regulations, now effective from July 1, aim to bolster financial stability by limiting bank exposure to real esta...
- 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...
- 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...
- Ford Recall: Over 741,000 vehicles over transmission issue that may result in crash, injuryFord transmission recall: NHTSA said that Ford is aware of 24 allegations of property damage and nine alleged injuries, with two of those b...
- Bank of England's Breeden signals new rules to govern agentic AIFollowing years of insistence that existing frameworks were sufficient to mitigate AI risks, Deputy Governor Sarah Breeden said rapid devel...
- RBI flags emerging fault lines in private credit market, calls for close monitoringThe Reserve Bank of India has identified growing concerns within the booming private credit market. The central bank's latest report highli...
- 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...
- 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...
- RBI flags AI stock boom as financial stability risk, says Indian banks remain resilientIndia's central bank has identified soaring AI stock valuations globally as a financial stability risk, warning of potential market spillov...
- Former finance services secy Rajiv Kumar named HDFC Bank part-time chairmanKumar (66), a seasoned public policy leader and financial sector reformer, is widely credited with playing a key role in revitalising India...
- JP Nadda to unveil healthcare programme for children up to three yearsUnder the programme, newborns will receive up to nine home visits during the first 42 days of life, while at-risk children will receive up ...
- Gujarat says AI system helped prevent 1.67 lakh school dropouts last yearGujarat's innovative AI-powered early warning system is proving highly effective in curbing school dropouts. By analyzing student data, the...
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