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 3 (PTI) The rupee depreciated 28 paise to 95.64 against the US dollar in early trade on Wednesday, after the US Trade Representative proposed 12.5 per cent additional duties on India and 53 other countries over forced labour import violations.
Mumbai, Jun 2 (PTI) The rupee depreciated 10 paise to close at 95.29 (provisional) against the US dollar on Tuesday, as global crude oil prices jumped and the American currency remained firm amid massive safe-haven inflows. Forex traders said significant foreign fund
Mumbai, Jun 2 (PTI) Snapping the four-day losing streak, benchmark BSE Sensex rebounded by 382 points on Tuesday, powered by a strong rally in IT shares. The 30-share BSE Sensex climbed 382.50 points, or 0.52 per cent, to settle at 74,649.84 with
Srinagar, Jun 2 (PTI) The Srinagar International Airport will suspend all flight operations for 15 days starting October 1 to undergo crucial runway maintenance and repair work, officials said on Tuesday. The two-week shutdown is expected to deal a massive blow to
