MUMBAI, June 24 (Reuters) – RBI has proposed rules requiring banks to strengthen oversight of risks tied to AI and machine-learning models, mandating board-approved policies, stronger controls and model inventories. The Reserve Bank of India said banks must put in place a
Mumbai, Jun 4 (PTI) The rupee depreciated 7 paise to close at 95.83 (provisional) against the US dollar on Thursday, as heightened geopolitical tensions between the US and Iran drove energy volatility and aggressive safe-haven buying. Forex traders said the prolonged West
New Delhi, Jun 4 (PTI) Gold prices climbed by Rs 926 to Rs 1.59 lakh per 10 grams in futures trade on Thursday, driven by fresh buying by traders amid geopolitical uncertainties and a firm trend in the overseas markets. On the
MUMBAI, June 4 (Reuters) – The Indian rupee is seen opening slightly weaker on Thursday, pressured by equity outflows and soft Asian cues, while expectation around steps to support the currency may offer relief. The rupee is expected to open in 95.74-95.78
June 4 (Reuters) – Indian shares are likely to open lower on Thursday, mirroring broader Asian markets, as renewed U.S.-Iran fighting rattled investors globally, even as conflicting signs of de-escalation kept them cautious. GIFT Nifty futures were at 23,320, as of 7:23