Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.
Argentina manager Lionel Scaloni discussed his team's hard-fought 3-2 extra-time victory over Cape Verde in the World Cup last-32, emphasising the unexpected difficulty of the match despite being heavy favourites. He praised his players' resilience and character, acknowledging the physical toll and the need for improvement, while also highlighting the unique "suffering" inherent in being Argentine in football.
OpenAI has appointed Prabhjeet Singh as its Managing Director for India, a key market for the AI company. Singh, formerly President of Uber India and South Asia, will oversee consumer growth, enterprise adoption, partnerships, and regulatory engagement, reinforcing OpenAI's commitment to India's rapidly expanding AI ecosystem.
Despite the Reserve Bank of India's (RBI) and the government's recent initiatives to attract foreign capital, which are expected to alleviate pressure on long-duration bonds, most debt fund managers are maintaining a cautious stance, favouring shorter-duration papers due to global uncertainties and potential future rate hikes.
Delhi Police have launched a massive manhunt for Jay Mishra, a key figure in the management of a Malviya Nagar hotel where a devastating fire killed 21 people. Multiple teams are deployed across Delhi and neighbouring states, using technical surveillance to trace him and other hotel staff as part of the ongoing investigation into safety compliance and the circumstances of the tragedy.
The Bangalore Water Supply and Sewerage Board (BWSSB) is set to explore the use of AI, predictive analytics, and robotic inspection technologies to detect water theft, reduce leakages, and improve operational efficiency across Bengaluru's water distribution network.
Former Bournemouth boss Andoni Iraola will take over as Liverpool's manager on a two-year deal, the Premier League club said on Thursday.
Delhi Police are searching for hotel manager Jai Mishra following a devastating fire that killed 21 people in Malviya Nagar. Hotel owner Lavkesh Bajaj has been arrested and claims Mishra managed the hotel and held the licenses. Investigators are probing potential licensing violations, as the hotel allegedly operated 25 rooms with permission for only six.
A former life insurance manager in Thane has been sentenced to two years in jail for defrauding people of over Rs 3.51 crore with false promises of high returns on stock market investments.
Ben Stokes defended England's decision to rest Jofra Archer for the opening Test against New Zealand at Lord's after the fast bowler's Indian Premier League stint, with the captain warning that mishandling such situations could drive players away from international cricket.
Shots were allegedly fired outside the residence of Diljit Dosanjh's manager in Karnal, with a social media post linked to the Lawrence Bishnoi gang claiming responsibility. The incident has sparked a political row between AAP and BJP, with allegations of intimidation tactics.
A social media post allegedly linked to the Lawrence Bishnoi gang has claimed responsibility for a firing incident outside the residence of Punjabi actor-singer Diljit Dosanjh's manager in Haryana's Karnal.
A 70-year-old man accused of a brutal robbery and extortion attempt in Delhi's Dwarka, during which he allegedly chopped off both thumbs of an event manager, has been arrested after evading capture for nearly six years.
Xabi Alonso will take over as Chelsea's new manager, the Premier League club said on Sunday, with the Spaniard signing a four-year deal beginning on July 1.
The Securities and Exchange Board of India (Sebi) has proposed a new framework to manage strike prices for options contracts, aiming to ensure continuous availability of suitable contracts even during sharp intraday market swings. This move addresses concerns that extreme price movements can leave traders without appropriate options for hedging or positioning.
Since this is a long-term investment, investors must do their homework and choose a fund manager carefully.
Carlo Ancelotti has extended his contract as the manager of the Brazilian national football team until the 2030 World Cup.
Police are investigating claims of a firing incident outside the residence of Diljit Dosanjh's manager in Karnal, allegedly at the behest of gangster Lawrence Bishnoi's aides. The incident has sparked a political row, with AAP accusing BJP of intimidation tactics after Dosanjh declined to join the party.
The Indian government has ordered the removal of three Chinese mobile applications - BAT-BMS, Lossigy, and Epoch-i-ion - from app stores, citing their alleged misuse to remotely disable battery-operated vehicles in India, amid heightened cybersecurity concerns.
Focus on a few basic topics so that you can solve medium-to-difficult questions on them, suggests MBA expert and rediffGURU Patrick Dsouza.
After yet another failure for Sanju Samson -- his third in a row -- 15-year-old Vaibhav Sooryavanshi could make his India debut in the second T20I against England on Saturday.
RSS general secretary Dattatreya Hosabale has strongly condemned the alleged theft of donations at the Ram temple in Ayodhya, stating it has deeply hurt sentiments. He called for a thorough investigation and severe punishment for those found guilty, while also urging patience from the Hindu community against "anti-Hindu" forces.
Meghalaya has shown significant progress in digital transactions and financial inclusion, recording 32.76 crore digital transactions and nearly 10 lakh Jan Dhan accounts by 2025-26. Efforts like the JAM Trinity and financial literacy programmes have expanded banking access, with a high percentage of bank account holders adopting digital modes. The next phase focuses on enhancing financial literacy and cyber resilience, especially in rural areas.
India's manufacturing sector experienced a moderation in growth during June, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) falling to 54.2 from 55.0 in May. This slowdown is attributed to softer increases in new business orders and international sales, leading to reduced expansions in buying levels, employment, and output.
Domestic institutional investors (DIIs), driven by the popularity of mutual funds, have emerged as significant stabilising forces for Indian capital markets amidst global volatility and foreign portfolio investment (FPI) outflows, according to Sebi whole-time member Amarjeet Singh.
A private security agency has denied involvement in the alleged embezzlement of donations at the Ram temple in Ayodhya. The agency stated it only recruited personnel for housekeeping at an SBI branch at the bank's request, disclaiming responsibility for their duties or the alleged theft, which is currently under SIT investigation.
Manchester City has announced Enzo Maresca as their new manager, succeeding Pep Guardiola. Maresca, who previously coached City's youth team and served as assistant coach, returns to the club after guiding Leicester City to the Premier League title. He faces the significant challenge of maintaining City's dominance following Guardiola's highly successful decade-long tenure.
A new study reveals that individuals who struggle with identifying and describing emotions may experience increased disruption to daily activities due to pain, stemming from heightened psychological distress.
Football legend Zlatan Ibrahimovic heavily criticised Netherlands manager Ronald Koeman following their penalty shootout loss to Morocco, stating that the team lost its traditional identity under his leadership, which made him "angry". Morocco advanced to the Round of 16 after a dramatic 1-1 draw and a 3-2 penalty victory.
Vaibhav Sooryavanshi is yet to make his India T20I debut despite all the hype and former India keeper Parthiv Patel reckons he will get his opportunity sometime in the ongoing series against England.
India A is expected to make several changes to its playing eleven for the second 'Test' against Sri Lanka A, aiming to provide exposure to all squad members.
Portugal captain Cristiano Ronaldo led an emotional tribute to his late teammate Diogo Jota after their dramatic 2-1 victory over Croatia in the FIFA World Cup 2026 Round of 32. The team dedicated their win to Jota, who tragically died in a car crash a year prior, posing with his No. 21 jersey and carrying his memory throughout the tournament.
DR Congo coach Sebastien Desabre expressed pride in his team's performance at the World Cup, despite their exit after a close match against England.
Investors now have 27 passive smallcap funds to choose from 17 index funds and 10 ETFs.
The Shri Ram Janmabhoomi Teerth Kshetra Trust is set to convene in Ayodhya to discuss the preliminary report of the SIT investigating the Ram Temple donation theft. The agenda includes reviewing the resignations of general secretary Champat Rai and trustee Anil Mishra, considering the appointment of a CEO, and approving financial statements. The meeting comes amidst ongoing police and SIT investigations, with eight arrests made in connection with the theft.
Congress leader Manish Tewari expressed his disappointment after being overlooked in the recent Punjab Congress reshuffle for upcoming assembly polls, posting a cryptic message on X about "insecurities of individuals and institutions" while reaffirming his loyalty to the party. The reshuffle saw key appointments for election committees, including Charanjit Singh Channi as Campaign Committee chairman, but notably excluded Tewari.
The Indian government is accelerating its sale of minority stakes in state-owned companies, including a significant offer for sale (OFS) in Life Insurance Corporation of India (LIC) expected "very soon," to meet its 80,000 crore mobilisation target and reduce its holdings to 75 per cent in most listed PSUs by year-end.
'Investors shouldn't let fear dictate their decisions. The most important step is simply to begin investing.'
The decision was made following Germany's World Cup exit in the Round of 32 following their loss to Paraguay.
Two nannies at a daycare centre on an IT firm's campus in Bengaluru have been arrested for allegedly abusing toddlers. The arrests followed viral videos showing caregivers threatening and mistreating children, prompting a strong response from Karnataka's Home Minister and the IT firm, Capgemini.
