'We will start reaching out to researchers, academics, and experts on AI from top universities and companies from across the world.'
Reserve Bank Governor Shaktikanta Das on Thursday described cryptocurrencies as "clear danger" and said that anything that derives value based on make believe, without any underlying, is just speculation under a sophisticated name. The government is in the process of finalising a consultation paper on cryptocurrencies after gathering inputs from various stakeholders and institutions. Reserve Bank of India (RBI) has been flagging concerns about cryptocurrencies, which are seen as a highly speculative asset.
State Bank of India, Adani Ports, Tata Consultancy Services, ICICI Bank, Reliance Industries and PowerGrid were also among the laggards.
The China threat continues to resonate in the strategic partnership between India and the USA, points out Rup Narayan Das.
Bangladesh's ousted Prime Minister Sheikh Hasina has launched a scathing attack on the interim administration, accusing Chief Adviser Muhammad Yunus of running a "fascist regime" that persecutes minorities and allows terrorists to operate freely. Hasina, who is currently in India, made the remarks in a virtual address to overseas Awami League supporters, vowing to bring Yunus and his allies to justice for alleged atrocities. Her comments come ahead of a visit by India's Foreign Secretary to Dhaka, where he is expected to raise concerns about the safety of minorities in Bangladesh.
The CBI lawyer pleaded for the highest penalty for the convict, calling the crime "rarest of the rare".
The Meerut Conspiracy Case was aimed at curbing communist influence in India. However, it fueled nationwide sympathy, shaping the course of leftist politics in the country.
'The balance Zakir Bhai created between rhythm and execution...his maths during his performances were perfect, and yet he was a fountain of improvisation.'
The Reserve Bank of India (RBI) has recognised the Fintech Association for Consumer Empowerment (FACE) as a self-regulatory organisation (SRO) in the fintech sector, the central bank announced on Wednesday. The banking regulator received three applications for fintech SRO. Of the remaining two applications, one has been returned by the RBI with a provision for resubmission after meeting specific requirements, while the third application is still under examination, said Governor Shaktikanta Das at the Global Fintech Fest in Mumbai.
Rohit, a young man from Punjab, India, was deported from the United States after a perilous journey that cost him his life savings and left his family in financial ruin. He had been promised legal entry to the U.S. by a travel agent in Amritsar, but his hopes were dashed when he was apprehended for illegally crossing the border. The ordeal highlights the risks associated with illegal migration and the exploitation faced by vulnerable individuals seeking a better life.
The Supreme Court on Monday ordered an SIT investigation into the alleged torture of a woman in police custody following her arrest over protests against the rape and murder of a doctor at R G Kar Medical College and Hospital in Kolkata.
Reserve Bank Governor Shaktikanta Das on Monday said despite the latest headwinds arising from the Jackson Hole summit leading to extreme volatility, our banking system and financial markets are strong enough to withstand such pressures. Taking the markets by surprise, US Fed chair Jerome Powell had told the annual Jackson Hole summit of central bankers and economists last week that he would have to keep raising federal fund rates to tame inflation, which remains the biggest challenge to the world's largest economy. He also warned of the pains that such monetary policy actions would create on growth and jobs.
When it comes to running between the wickets -- which is exactly what an FM and a governor do -- Jadeja always defers to Dhoni's larger judgement of the situation and the needs of the team, observes T C A Srinivasa-Raghavan.
There is no shortage of books on the Microsoft founder, but this latest one is different in that it paints Mr Gates in shades of grey, leaving it to readers to make their own judgement about the man
Reserve Bank of India (RBI) Governor Shaktikanta Das has said the decision on interest rate moderation will be based on long-term inflation trajectory and not monthly data. The Monetary Policy Committee (MPC) headed by the RBI Governor is scheduled to meet between October 7 and 9 and take call on interest rate. The RBI kept the repo rate unchanged at 6.5 per cent for the ninth time in a row amid risks from higher food inflation.
According to experts, even if an additional 5 per cent of people opt to buy new vehicles, it may bring a huge boost to the sector.
In a fresh statement, the Bharatiya Janata Party leader has raised questions on the attack on Bollywood actor Saif Ali Khan suspecting if the attack on the actor was real or if Khan was just acting. Rane while addressing a public gathering in Maharashtra's Pune, raised questions on attack on Saif saying -- "I doubted whether he had been stabbed or he was acting."
A bench of Justices Abhay S Oka and Augustine George Masih, therefore, dismissed a plea of the Enforcement Directorate challenging a high court verdict that quashed the cognisance order of the agency's complaint (chargesheet) against two IAS officers.
February is the month of Valentine's Day and expectedly, there are quite a few romantic films coming up.
'Unless a comedian is involved in something society deems unforgivable...'
The number of digital financial frauds rose more than four times in FY24 year-on-year to comprise 80 per cent of all financial frauds.
The Mumbai police, who are probing the incident of attack on Bollywood actor Saif Ali Khan, on Tuesday said they have 'ample and strong evidence' against the Bangladeshi national arrested in the case.
A Mumbai court remanded a man arrested in the Saif Ali Khan attack case in police custody till January 24 after observing that the police's contention of an international conspiracy cannot be ruled out. The alleged attacker was a Bangladeshi national who had illegally entered India and changed his name to Bijoy Das. Police are investigating the motive behind the attack and whether there is an international conspiracy involved. Saif Ali Khan was stabbed multiple times in the attack and underwent a five-hour surgery.
The Mumbai Police have found several fingerprints of the accused in Saif Ali Khan's stabbing case at the actor's Bandra residence.
Amateur Ham Radio operators have picked up suspicious late-night radio signals in coded Bengali, Urdu and Arabic along the Indo-Bangladesh border in South Bengal over the last two months, raising concerns about possible extremist activities. The signals, which have been detected between 1 AM and 3 AM, are unusual in their pattern and language usage, according to Ham radio operators, who have reported the matter to authorities. The development comes amidst ongoing unrest in Bangladesh and growing anti-India rhetoric in the neighbouring country. Security agencies are investigating the matter, and the Border Security Force (BSF) has acknowledged the seriousness of the situation.
Reserve Bank Governor Shaktikanta Das said on Monday that fair and impartial auditing is essential for a resilient economy as it instils confidence among citizens. Addressing officers at the National Academy of Audit and Accounts, Das said that audit is important for the country as public expenditure decisions are based on these reports. Observing that there is a need to improve the quality and depth of audit, he said the Reserve Bank has taken a host of steps in consultation with the Institute of Chartered Accountants of India (ICAI) for improving the audit of banks and financial institutions.
The police went to Robin Uthappa's house to issue a notice. Since he does not reside at that address at present, a warrant has been executed for the former cricketer.
Sanjoy Roy, the accused in the rape and murder of a doctor at R G Kar hospital in Kolkata, was sentenced to life imprisonment till death on Monday. His mother, Malati Roy, who had previously expressed support for the punishment, shut herself in her home and refused to speak to reporters. Neighbors and family members of Roy have questioned whether he acted alone in the crime, suggesting others may have been involved.
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday said the central bank has developed an innovative artificial intelligence and machine learning (AI/ML) based model MuleHunter.ai to address the growing issue of mule bank accounts that are often used for committing financial fraud. Developed by the Reserve Bank Innovation Hub, the new initiative is piloted with two public sector banks.
'Netflix, Amazon Prime Video, Crunchyroll, and Disney+ Hotstar are continuously expanding their Anime libraries.'
Prime Minister Modi gave President Biden the unique sandalwood box sourced from Mysore with intricately carved flora and fauna patterns and handcrafted by a master craftsman from Jaipur during an intimate dinner at the White House on Wednesday.
The incident happened on Monday as activists of the Hindu Sangharsh Samity were protesting the arrest of Hindu leader Chinmoy Krishna Das and atrocities on minorities in Bangladesh.
India's pace talisman Jasprit Bumrah's absence will certainly hurt India, but the team's quality batting and spin bowling make them title contenders alongside South Africa and Pakistan in the Champions Trophy.
Assam's first Arjuna Awardee sprinter Bhogeswar Baruah has criticised the state government's sports policy, saying it is not taking enough initiatives to identify and nurture talent in rural areas.
Justice Dangre said that Ahmedabad, where the FIR against Das was registered, was not too far from Mumbai.
The increasing involvement of Big Tech in the financial system could give rise to concentration risk and there are potential spillovers, which call for closer attention, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday. "...enormous amounts of consumer data is being generated and leveraged upon by a few entities (the so-called Big Tech) by virtue of their huge customer base. "Such developments raise concerns on concentration risk and potential spillovers as their level of engagement with the financial system strengthens in the years to come," Das said at the Global Fintech Fest 2022.
This traditional pulao is a key part of any Bengali comfort meal.
Protests erupted in various parts of West Bengal on Sunday over alleged atrocities against Hindu minorities in Bangladesh. Demonstrations were held in Kolkata, Kanthi, Kakdwip, Sandeshkhali and Purulia, with protesters calling for the release of Hindu leader Chinmoy Krishna Das and boycotting Bangladeshi goods. They condemned the alleged targeting of Hindus in Bangladesh and the hate-driven narratives against India. The protests also saw the burning of Dhakai Jamdani sarees from Bangladesh.
Hasina said she left Bangladesh in August with an aim to stop the violence. However, the situation has deteriorated further, she said.
Glimpses of Santa Claus from Brazil, Germany, Greece and Hungary.
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