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) The rupee opened on a weak note and depreciated 20 paise to a record low of 95.86 against the US dollar in early trade on Thursday, weighed down by elevated crude prices and concerns over the West Asia
New Delhi, May 13 (PTI) Gold prices soared by Rs 8,550 to a little over Rs 1.65 lakh per 10 grams in the local market here on Wednesday after the government increased the import duty on precious metals to 15 per cent.
Mumbai, May 13 (PTI) Benchmark equity indices Sensex and Nifty ended marginally higher on Wednesday, snapping their four-day losing streak, as elevated crude oil prices and persistent geopolitical uncertainties restricted the upside. The 30-share BSE Sensex rose 49.74 points, or 0.07 per
Mumbai, May 13 (PTI) The rupee touched its lowest-ever intraday level of 95.80 against the US dollar, weakening for the fourth consecutive session on Wednesday due to elevated crude oil prices and fear of a prolonged global trade disruption amid the West
