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 2 (PTI) Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday as investors remained concerned over the US–Iran situation, with diplomatic efforts to resolve the crisis encountering repeated setbacks. Persistent foreign fund outflows also hit markets’ sentiment.
Mumbai, Jun 2 (PTI) The rupee appreciated 16 paise to 95.03 against US dollar in early trade on Tuesday, as the market weighed India’s strong domestic fundamentals against ongoing geopolitical uncertainty. Forex traders said the USD/INR pair opened on a positive note
New Delhi, Jun 1 (PTI) Gold prices retreated by Rs 2,500 to Rs 1.60 lakh per 10 grams in the national capital on Monday, tracking losses in global markets as renewed military exchanges between the US and Iran spiked crude oil rates.
New Delhi, Jun 1 (PTI) The government has raised the procurement price for onions under its buffer stock programme by 24.4 per cent to Rs 15.80 per kg from Rs 12.70 per kg, citing market dynamics and the need to protect farmers.
