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Finmin asks banks to use MuleHunterAI to check digital fraud

New Delhi, Dec 6 (PTI) Finance Ministry on Friday asked banks and financial institutions to use artificial intelligence tools including MuleHunterAI developed by the Reserve Bank to rein in growing financial frauds. In a meeting chaired by Financial Services Secretary M Nagaraju, banks were asked to adopt best practices, leveraging cutting edge tools, and foster inter-bank collaboration to address mule accounts effectively. He emphasised that proactive measures are required to be taken to protect citizens’ hard-earned money. “Protecting citizens’ wealth is our shared responsibility,” the Department of Financial Services (DFS) said in a series of posts on X. Banks are

Police in India clash with farmers during protest march over minimum price demand for crops

NEW DELHI, December 6, 2024 (AP) — Indian police on Friday used tear gas against hundreds of farmers taking part in a march to New Delhi to demand guaranteed crop prices in a repeat of 2021 protests. Clashes broke out near Shambhu, a border crossing between northern Punjab and Haryana states, where multiple entry points into the capital have been sealed with metal barricades and barbed wire. The authorities also suspended internet service in some districts of Haryana to prevent communication among the protesters. The farmers, who began their march in Haryana and Punjab, are seeking guarantees, backed by law,

Modi’s BJP says US State Department targeting India

NEW DELHI, Dec 6 (Reuters) – Indian Prime Minister Narendra Modi’s BJP (Bharatiya Janata Party) has accused the State Department and “deep state” elements in the U.S. of trying to destabilise India in conjunction with a group of investigative journalists and opposition leader Rahul Gandhi. The accusation comes as a surprise as New Delhi and Washington have forged a strong relationship in the last two decades and both have vowed to further strengthen ties despite some differences and irritants. Gandhi’s Congress party used the Organized Crime and Corruption Reporting Project (OCCRP)’s articles that “singularly focused” on the Adani Group and

Lok Sabha proceedings adjourned till 12 noon

New Delhi, Dec 6 (PTI) Lok Sabha proceedings were on Friday adjourned till 12 noon after opposition MPs try to raise their issues during the Question Hour, with Speaker Om Birla asserting that he would not allow the dignity of the House to be lowered. As soon as the House met, opposition MPs, mostly Congress members, tried to raise some issues which the Speaker objected to, saying since it is time for the Question Hour, he can’t allow other subjects to be discussed. “You don’t want to allow the Question Hour to continue ? The House has high standard and

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