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, May 15 (PTI) Benchmark equity indices Sensex and Nifty climbed in early trade on Friday, supported by buying in IT stocks and firm trends in the US markets. The 30-share BSE Sensex jumped 451.46 points, or 0.60 per cent, to 75,850.18
Mumbai, May 15 (PTI) The rupee opened on a weaker note and fell 30 paise to 95.94 on Friday after hitting new lows over three straight sessions, as elevated crude oil prices, a strong dollar, and concerns over the West Asia crisis
New Delhi, May 15 (PTI) Petrol and diesel prices were hiked by Rs 3 per litre each on Friday, the first rate increase in more than four years, amid mounting losses of fuel retailers due to surging global crude prices. The increase
New Delhi, May 14 (PTI) Gold price rose by Rs 650 to Rs 1.66 lakh per 10 grams in the national capital on Thursday after the rupee fell to a record low against the US dollar amid persistent geopolitical tensions. According to
