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
New Delhi, May 13 (PTI) Air India on Wednesday announced reduction of international flights and temporary suspension of services on six routes, including Delhi-Chicago, amid airspace curbs and high jet fuel prices. The loss-making airline, which has already reduced flights on certain
New Delhi, May 13 (PTI) Gold prices rallied by Rs 9,723 to Rs 1.63 lakh per 10 grams in futures trade on Wednesday, while silver soared 7 per cent to approach the Rs 3 lakh per kilogram mark after the government hiked
Mumbai, May 13 (PTI) The gems and jewellery industry is likely to face challenging times ahead following the hike in gold import duty to 15 per cent, from 4 per cent earlier, a move that could spur the grey market, the All
Mumbai, May 13 (PTI) Benchmark equity indices slipped in the negative territory after rising marginally during early trade on Wednesday amid elevated crude oil prices and persistent geopolitical uncertainty. Foreign fund exodus also hit investor sentiment. The 30-share BSE Sensex climbed 75.64