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.
India's shooting campaign at the Aichi-Nagoya Asian Games commenced with a strong performance, securing two silver medals in the women's 10m air rifle event. Experienced shooter Elavenil Valarivan was instrumental, winning an individual silver and contributing to a team silver alongside Sonam Uttam Maskar and debutant Vidarsa Vinod. While Elavenil narrowly missed individual gold, her performance, coupled with the team's success, provided an encouraging start for India.
India's shooting campaign at the Aichi-Nagoya Asian Games commenced with a strong performance, securing two silver medals in the women's 10m air rifle event. Elavenil Valarivan was instrumental, winning an individual silver and contributing to the team silver alongside Sonam Uttam Maskar and Vidarsa Vinod. While Valarivan narrowly missed individual gold, her performance, along with the team's, provided an encouraging start for India.
Education sector experts agree that using the "best technology" was essential to ensure students did not have to sit for an examination all over again because of a question paper leak.
Star Indian pacer Jasprit Bumrah made a strong return to the nets at Kotla, showcasing his full range of skills and dominating young batsman Vaibhav Sooryavanshi. His presence brought a renewed energy to the team's training session, with even senior players like Shreyas Iyer struggling against his pace.
Ajit Agarkar has informed the BCCI he will not continue as chief selector, prompting the board to begin searching for his successor as his contract ends October 4.
Six companies made their stock market debut on Thursday, setting a new record for the most mainboard listings on a single day since at least 1996.
Elena Rybakina is set to challenge defending champion Aryna Sabalenka in the US Open final, viewing the high-stakes match as a crucial opportunity to test her capabilities against a formidable rival without succumbing to undue pressure.
India captain Harmanpreet Kaur has called on her team to maintain simplicity and trust their inherent strengths as they prepare to face Sri Lanka in the Women's Asia Cup final, aiming to avenge their previous defeat.
England secured a commanding 119-run victory over Sri Lanka in the first T20 international. Harry Brook's unbeaten 114 off 42 balls, supported by Jos Buttler's 80, propelled England to a massive total of 254-4. Sri Lanka struggled in their chase, being bowled out for 135, with Sonny Baker taking 3 wickets. This win gives England a 1-0 lead in the three-match series.
Law And Order not only delivers an outdated and amateurish gangster drama, but also manages to drag Mammootty's iconic Black character into the mess.
Triptii Dimri and AP Dhillon were spotted at the high-profile Apple launch event in California, where the tech giant unveiled its highly anticipated iPhone 18 Pro series and the groundbreaking foldable iPhone Duo.
Despite a debilitating knee injury derailing his own campaign, Tejaswin Shankar selflessly coached compatriot Sarvesh Kushare, providing crucial technical advice that helped Kushare secure a silver medal in the men's high jump at the Commonwealth Games.
Equity mutual fund schemes in India attracted a net inflow of Rs 29,329 crore in August, marking the highest in four months, primarily fuelled by strong investor interest in mid-cap and small-cap funds.
South Korean male professional tennis players face a unique challenge: mandatory military service, which interrupts their careers for 18 months. This article explores how players like Seong-chan Hong, Hyeon Chung, and Soonwoo Kwon adapt to this obligation, with some earning exemptions through sporting achievements while others navigate a return to the professional circuit after their service.
Tamil Nadu Chief Minister C Joseph Vijay has announced plans for a new Rs 1,200 crore Assembly-cum-Secretariat integrated complex in Chennai, moving the administration from the historic Fort St George. The modern facility will house all state government departments, addressing space constraints and aiming for efficient governance. Additionally, the CM unveiled plans for a Tamil Nadu Olympic City and a Motor Sports City to boost sports infrastructure and tourism.
Mammootty has played the family man through all its shades, and these 10 films prove just how devastatingly good he can be when he brings the tears along with the warmth.
koda Auto Volkswagen India is actively exploring various approaches to penetrate India's burgeoning electric vehicle (EV) market, including importing global models, local assembly, and developing highly localised products, as EV penetration is expected to reach 17-18% by the end of the decade.
India's para-archers, led by Paralympics champion Harvinder Singh and world No. 1 Sheetal Devi, concluded their World Archery Para Series Stage III campaign with an impressive haul of two gold and four bronze medals. Sheetal Devi secured an individual gold in a dramatic shoot-off and a bronze in the mixed team event, while Harvinder Singh and Bhawna won gold in the recurve mixed team. India also claimed additional bronze medals in individual and mixed team categories.
Sashidhar Jagdishan, the managing director and chief executive of HDFC Bank, has opted out of being considered for reappointment after his current term ends on October 26, choosing to retire after nearly three decades with the lender.
Smallcap and midcap funds now account for nearly 30% of active equity MF folios, as stock-market gains revive investor appetite for high-growth segments.
Former England captain Kevin Pietersen has been appointed as a Specialist Mentor for the England men's white-ball teams, aiming to bolster their preparations for the upcoming ICC Men's Cricket World Cup in South Africa, Zimbabwe, and Namibia.
Infrastructure major Larsen & Toubro (L&T) has secured a mega order, valued between Rs 10,000 and Rs 15,000 crore, to construct India's largest single-cluster artificial intelligence (AI) infrastructure facility. This strategic move marks L&T's entry into the AI Factory business, aiming to establish an NVIDIA B300-based AI Factory in Chennai to power the AI-native cloud platform of US-based Together AI, thereby strengthening India's AI ecosystem and supporting global innovation.
The BCCI is committed to improving player preparation for major series in South Africa, England, New Zealand, and Australia (SENA countries) by ensuring adequate rest, acclimatisation, and practice matches, according to secretary Devajit Saikia.
India's men's recurve and compound teams clinched twin gold medals at the World Archery Para Series (Stage III) in Ahmedabad.
'There is mis-alignment in strategic thinking of the board and management.' 'As the business environment and customer behaviour evolve rapidly, boards are increasingly looking for leaders who can bring new ideas and challenge legacy approaches.'
Haiwaan's staggeringly foolish notions make for unintended comedy, rues Sukanya Verma.
Tamil Nadu's state-run liquor corporation, TASMAC, is implementing a new automated indent request process for all retail shops starting September 1. This digital system aims to streamline stock distribution, reduce paperwork, and ensure consumers receive their preferred brands based on local demand.
'Across the entire value chain, we will be able to industrialise AI adoption, and that is the main purpose of the deal.'
Rohit Sharma's ODI future was a major point of discussion during the review meeting, while also considering the recent fitness woes of key players like Jasprit Bumrah and Hardik Pandya.
If India does get $100 billion a year in FDI, it would be a game-changer in every possible way. FPIs would come rushing back, AI or no AI, points out Debashis Basu.
Tanya Chaudhary broke the women's hammer throw national record with a distance of 68.35m at the Indian Athletics Series Final. Avinash Sable also made a strong return to the 3000m steeplechase, winning his first race in over a year. The event served as a crucial tune-up for Indian athletes heading to the Asian Games, with several other notable performances including wins by Harita Bhadra, Animesh Kujur, Rohit Yadav, and Tajinderpal Singh Toor.
A top national shotgun coach, involved in India's Asian Games preparations, is under investigation by the Sports Authority of India for alleged conflict of interest related to a contract for building a shooting range in Chennai.
If the strike materialises, banking services, especially in public sector banks, would be impacted for four days in many parts of the country. September 11 is a Friday, and the subsequent two days are bank holidays.
"When you have more liquidity than good investment opportunities, there is no reason for MFs to sell a winning trade."
Indian men's hockey team head coach Craig Fulton attributed the team's failure to reach the World Cup semifinals to a slow start and inability to handle pressure during their 3-5 loss to Argentina. Forward Sukhjeet Singh also pointed to defensive lapses and an early conceded goal as critical factors in their defeat.
A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.
The Indian government's proposal to extend the operating life of certain battery-electric, CNG, and hydrogen vehicles under national permits by five years could significantly improve their total cost of ownership (TCO) and residual values, according to industry experts.
Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.
Jai Jai Ram may not have the lyrical punch of A R Rahman's earlier devotional tracks, but Shreya Ghoshal and Arijit Singh's vocals give this Ramayana anthem the spiritual grandeur it needs.
