The Indian rupee has hit a historic low against the US dollar, closing at 85.26, marking its third consecutive session of decline. Market analysts predict the rupee will trade with...
The Reserve Bank of India (RBI) expresses concern over high ceilings for unsecured loans set by banks and finance companies, urging prudence. It also highlights risks with top-up l...
The Reserve Bank of India (RBI) has formed a panel, FREE-AI, led by Pushpak Bhattacharyya of IIT Bombay, to oversee the ethical adoption of AI in the financial sector. The committe...
IndusInd Bank is set to auction Rs 1,573 crore of non-performing microfinance loans to clean up its balance sheet, with a reserve price of Rs 85 crore. The bank's promoters have al...
N Chandrasekaran, chairman of Tata Sons, highlights India's growing role in global manufacturing, with the Tata Group set to create significant jobs and expand in hi-tech industrie...
OpenAI's ChatGPT, API, and Sora services are currently experiencing high error rates due to issues with an upstream provider. The company has identified the problem and is actively...
The finance ministry suggests RBI's policies and structural factors may have led to India's economic slowdown, with growth at a seven-quarter low. A brighter outlook is expected in...
El Al Airlines has temporarily halted its flights from Tel Aviv to Moscow due to safety concerns in Russian airspace. This decision comes in the wake of reports linking a recent pl...
