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 1 (PTI) Benchmark stock indices Sensex and Nifty fell for the fourth straight session on Monday due to selling in FMCG, financial and auto shares amid elevated crude oil prices and uncertainty over the US-Iran 60-day ceasefire. The 30-share BSE
Mumbai, Jun 1 (PTI) The rupee depreciated 10 paise to close at 94.95 (provisional) against the US dollar on Monday, amid renewed geopolitical tensions between the US and Iran and surge in crude oil prices. Forex traders said the strength of the
WASHINGTON, June 1, 2026 (AP) — The world is getting more uptight about lending money to President Donald Trump’s government — causing interest rates to climb in ways that are worsening affordability pressures, hampering economic growth and creating a new risk for
Mumbai, Jun 1 (PTI) Benchmark indices Sensex and Nifty rebounded in early trade on Monday driven by strong buying in blue-chips and tracking positive cues from the Asian markets following a sharp selloff in the previous trading session. The 30-share BSE Sensex