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) The rupee depreciated 9 paise to 94.94 against the US dollar in early trade on Monday weighed down by elevated crude oil prices as the Israel-Lebanon conflict escalated. Forex traders said Dollar Index was nearer to 99 levels
New Delhi, Jun 1 (PTI) Prices of commercial LPG – the one used in hotels and restaurants – were on Monday hiked by Rs 42 per 19-kg cylinder but there was no change in the rates of cooking gas used in household
New Delhi, May 29 (PTI) Gold prices rebounded by Rs 1,600 to Rs 1.62 lakh per 10 grams in the national capital on Friday, tracking firm global trends amid optimism over a preliminary US-Iran deal and expectations of seasonal demand in the
May 28 (Reuters) – Whether they are recruiting the ideal “momfluencer” to sell diapers or trawling through reams of data to fast-track drug launches, global centers of multinational firms in India are increasingly putting AI to work in creative ways. Heads of