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RBI Panel Proposes Fund To Build Homegrown AI Framework For Finance Sector
A Reserve Bank of India committee has recommended a framework for developing AI capabilities for the country's financial sector, while safeguarding it against associated risks, according to a report released on Wednesday.
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Mule Accounts, Kickbacks: Raids Find Rs 1,000-Crore Trail Behind Cattle Scheme
Illegal payments and kickbacks to government officials were part of the Rs 1,000 crore money trail uncovered following raids by the Enforcement Directorate in Hyderabad in connection with the TelanganaSheep Rearing Development Scheme.
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In Big Win For Homebuyers, Top Court Okays 22 Police Cases Against Builders
The Central Bureau of Investigation has received green signal from the Supreme Court to file 22 cases involving the nexus between the banks and developers to dupe homebuyers in National Capital region.
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CBI Raids Across 7 States, 3 Arrested For Operating Mule Bank Accounts
In a major development under Operation Chakra-V, the Central Bureau of Investigation (CBI) has intensified its crackdown on cybercrime syndicates and digital arrest scams.
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BRICS+ Expansion: What It Means For India And The Global South
On 1 January 2024, BRICS, the intergovernmental organisation comprising Brazil, Russia, India, China and South Africa, admitted four new members: Egypt, Ethiopia, Iran and the UAE.
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UN Climate Bank Bets On Underfunded Clean Tech In India
The Asian Development Bank and the UN Green Climate Fund are set to launch a financial facility to bolster emerging clean technologies in India.
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Bankers Institute Of Rural Development Hiring For Multiple Posts, Monthly Salary Up To Rs 85,000
To apply, candidates must fill out the application form available on BIRD's official website.
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NDB Chief Rousseff Joins Yoga Event In Shanghai, Condoles Air India Crash
During her address, Rousseff expressed profound grief over the tragic crash of the Air India flight in Ahmedabad and extended heartfelt condolences to the victims' families.
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Trump To Attend Security Meeting On Friday After Israeli Strikes On Iran
U.S. President Donald Trump will attend a National Security Council meeting on Friday morning, the White House said late on Thursday after Israeli strikes on Iran that have put the Middle East on edge.
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India Red-Flags $800 Million Asian Development Bank Aid Package To Pakistan
India has expressed deep concerns over the potential misuse of the $800 million ADB aid package to Pakistan as the country is increasing its defence expenditure, despite the poor fiscal position.
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Asian Development Bank Chief Pledges $10 Billion For India's Urban Infrastructure
Prime Minister Narendra Modi on Sunday took to X to share a picture of meeting with the Asian Development Bank (ADB) president Masato Kanda at his official residence.
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DoT to Share Financial Fraud Risk Indicator Data With Banks, UPI Service Providers and Financial Institutions
The Department of Telecommunications (DoT) will share Financial Fraud Risk Indicator (FRI) data with financial institutions, including banks and UPI providers. This FRI metric, developed by the Digital Intelligence Platform, classifies mobile numbers into three risk levels linked to financial fraud. PhonePe is an early adopter, using FRI data to al...
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India Does Not Have The "Luxury": Think Tank Contests World Bank Views On Growth
India does not need to follow the traditional approach to development that ties it with per capita income, new research has suggested.
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"Not True": Centre Rejects Reports On Minister-ADB Chief Talks On Pak
The Finance Ministry this evening denied media reports that claimed Union Finance Minister Nirmala Sitharaman discussed issues related to Pakistan with Asian Development Bank chief Masato Kanda, and her Italian counterpart Giancarlo Giogetti.
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Abu Dhabi’s ADQ, FAB and IHC Announce Plans for Dirham-Backed Stablecoin
Abu Dhabi’s ADQ sovereign wealth fund, the First Abu Dhabi Bank (FAB), and investment firm IHC have planned to launch a Dirham-backed stablecoin. The token will be supported on the ADI blockchain, developed by an Abu Dhabi-based non-profit firm called the ADI Foundation.
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RBI Panel Proposes Fund To Build Homegrown AI Framework For Finance Sector
A Reserve Bank of India committee has recommended a framework for developing AI capabilities for the country's financial sector, while safeguarding it against associated risks, according to a report released on Wednesday.
-
Mule Accounts, Kickbacks: Raids Find Rs 1,000-Crore Trail Behind Cattle Scheme
Illegal payments and kickbacks to government officials were part of the Rs 1,000 crore money trail uncovered following raids by the Enforcement Directorate in Hyderabad in connection with the TelanganaSheep Rearing Development Scheme.
-
In Big Win For Homebuyers, Top Court Okays 22 Police Cases Against Builders
The Central Bureau of Investigation has received green signal from the Supreme Court to file 22 cases involving the nexus between the banks and developers to dupe homebuyers in National Capital region.
-
CBI Raids Across 7 States, 3 Arrested For Operating Mule Bank Accounts
In a major development under Operation Chakra-V, the Central Bureau of Investigation (CBI) has intensified its crackdown on cybercrime syndicates and digital arrest scams.
-
BRICS+ Expansion: What It Means For India And The Global South
On 1 January 2024, BRICS, the intergovernmental organisation comprising Brazil, Russia, India, China and South Africa, admitted four new members: Egypt, Ethiopia, Iran and the UAE.
-
UN Climate Bank Bets On Underfunded Clean Tech In India
The Asian Development Bank and the UN Green Climate Fund are set to launch a financial facility to bolster emerging clean technologies in India.
-
Bankers Institute Of Rural Development Hiring For Multiple Posts, Monthly Salary Up To Rs 85,000
To apply, candidates must fill out the application form available on BIRD's official website.
-
NDB Chief Rousseff Joins Yoga Event In Shanghai, Condoles Air India Crash
During her address, Rousseff expressed profound grief over the tragic crash of the Air India flight in Ahmedabad and extended heartfelt condolences to the victims' families.
-
Trump To Attend Security Meeting On Friday After Israeli Strikes On Iran
U.S. President Donald Trump will attend a National Security Council meeting on Friday morning, the White House said late on Thursday after Israeli strikes on Iran that have put the Middle East on edge.
-
India Red-Flags $800 Million Asian Development Bank Aid Package To Pakistan
India has expressed deep concerns over the potential misuse of the $800 million ADB aid package to Pakistan as the country is increasing its defence expenditure, despite the poor fiscal position.
-
Asian Development Bank Chief Pledges $10 Billion For India's Urban Infrastructure
Prime Minister Narendra Modi on Sunday took to X to share a picture of meeting with the Asian Development Bank (ADB) president Masato Kanda at his official residence.
-
DoT to Share Financial Fraud Risk Indicator Data With Banks, UPI Service Providers and Financial Institutions
The Department of Telecommunications (DoT) will share Financial Fraud Risk Indicator (FRI) data with financial institutions, including banks and UPI providers. This FRI metric, developed by the Digital Intelligence Platform, classifies mobile numbers into three risk levels linked to financial fraud. PhonePe is an early adopter, using FRI data to al...
-
India Does Not Have The "Luxury": Think Tank Contests World Bank Views On Growth
India does not need to follow the traditional approach to development that ties it with per capita income, new research has suggested.
-
"Not True": Centre Rejects Reports On Minister-ADB Chief Talks On Pak
The Finance Ministry this evening denied media reports that claimed Union Finance Minister Nirmala Sitharaman discussed issues related to Pakistan with Asian Development Bank chief Masato Kanda, and her Italian counterpart Giancarlo Giogetti.
-
Abu Dhabi’s ADQ, FAB and IHC Announce Plans for Dirham-Backed Stablecoin
Abu Dhabi’s ADQ sovereign wealth fund, the First Abu Dhabi Bank (FAB), and investment firm IHC have planned to launch a Dirham-backed stablecoin. The token will be supported on the ADI blockchain, developed by an Abu Dhabi-based non-profit firm called the ADI Foundation.
