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 14 (PTI) Stock markets rose for the second consecutive day on Thursday with the benchmark Sensex jumping by nearly 790 points in a volatile session, driven by value buying in telecom, pharma and private banking shares. The 30-share BSE Sensex
Mumbai, May 14 (PTI) The rupee weakened further and fell to a record low of 95.73 (provisional) against the US dollar on Thursday, amid a strong dollar and worries over inflation amid elevated energy prices. Forex traders said the rupee is expected
NEW DELHI, May 14 (Reuters) – India’s wholesale price inflation rose unexpectedly to 8.3% in April, the fastest pace in three-and-a-half years, government data showed on Thursday, in the first signs of the Middle East conflict’s impact on Asia’s third-largest economy. The
Mumbai, May 14 (PTI) Benchmark equity indices Sensex and Nifty climbed in early trade on Thursday, driven by buying in banking shares and positive cues from Asian markets amid optimism surrounding the ongoing US-China Summit. The 30-share BSE Sensex jumped 450.51 points,
