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
NEW DELHI, June 3 (Reuters) – The United States has proposed an additional tariff of 12.5% on imports from India, saying it is among 60 economies that failed to curb imports made with forced labour, a step that threatens to complicate two-way
MUMBAI, June 3 (Reuters) – The Indian rupee could weaken to a record low of 98 against the U.S. dollar by July as the energy shock triggered by the Middle East crisis continues to pile pressure on domestic assets, especially the currency,
WASHINGTON, June 3, 2026 (AP) — The Trump administration is proposing that tariffs of 10% or more be imposed on products from dozens of major trading partners following a probe into imports of goods allegedly made with forced labor. The report released
Mumbai, Jun 3 (PTI) Equity benchmark indices Sensex and Nifty tumbled in early trade on Wednesday amid uncertainty related to US–Iran negotiations, fresh spike in crude oil prices and persistent foreign fund outflows. The 30-share BSE Sensex tanked 699.74 points to 73,959.48