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.
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.
A school principal and two teachers in Maharashtra's Jalna district have been booked by police after allegations surfaced that students performed to a Pakistani song during an annual programme. The school management denies the claims, stating the music was from a Turkish TV serial and visuals were tampered with.
The Reliance Foundation Odisha Athletics High Performance Centre has taken disciplinary action against three athletes, including terminating a javelin thrower, following a "Performance-Enhancing Drug incident" where syringes and anabolic steroids were allegedly found. Two other athletes, a hurdler and a decathlete, received suspensions.
Avesh Khan remains determined for a India comeback, hoping to catch the selectors' attention with strong Ranji Trophy performances this season.
The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.
Portugal, led by Cristiano Ronaldo, were held to a surprising 1-1 draw by DR Congo in their FIFA World Cup 2026 opener. Ronaldo had a quiet game, failing to score, and was met with "Messi" chants from fans after the match, raising questions about the team's early performance.
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.
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Indian boxing is considering rewarding boxers who perform well at major international events like the Asian Games with direct entry to the Olympic qualifiers, according to women's head coach Santiago Nieva.
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.
Portugal and Croatia face off in a high-stakes Round of 32 clash in Toronto on Thursday, with Cristiano Ronaldo and Luka Modric both eyeing a deep World Cup run in what could be the final chapter of their legendary international careers.
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.
Noel Tata, a veteran of the Tata group, announced his decision to step down as the chairman of Voltas, following a similar move at Trent, citing the development of a new generation of leaders within the company.
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.
Zimbabwe secured a dominant innings and 85-run victory over Bangladesh in their one-off home Test match in Harare, marking their biggest Test win. Fast bowlers Blessing Muzarabani and Richard Ngarava led the attack, dismissing Bangladesh for 185 in their second innings.
Team India secured a dominant 2-0 victory over Kazakhstan in their opening Group C match at the Badminton Asia Junior Mixed Team Championships in Yatsushiro, Tokyo, sealing their spot in the quarterfinals. The Indian team showcased strong performances in both sets, preparing for their upcoming clash against Chinese Taipei.
Slim smartphones continue to attract buyers looking for a device that combines style with practicality, and Tecno's latest offering appears to do just that.
A bar manager in Delhi has been booked for allegedly hosting dance performances without a valid licence. Police also seized ecstasy during the raid.
Germany's 2-1 defeat to Ecuador in the World Cup knockout stage sparked a disagreement between coach Julian Nagelsmann and players Joshua Kimmich and Deniz Undav. While the players felt Ecuador 'wanted it more', Nagelsmann strongly rejected this assessment, urging the team to learn and improve for their next match.
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Argentina coach Lionel Scaloni said he is running out of words to describe Lionel Messi after the captain became the first player to score in seven consecutive FIFA World Cup matches during the 3-1 win over Jordan.
India batting coach Sitanshu Kotak discussed the potential debut of 15-year-old sensation Vaibhav Sooryavanshi ahead of the T20 series opener against Ireland. While acknowledging Sooryavanshi's talent, Kotak emphasised that a player scoring runs should not be benched to accommodate a new talent, highlighting the challenge of team selection with abundant talent in Indian cricket. He also touched upon captain Shreyas Iyer's leadership and the BCCI's system for nurturing young players.
Tata Motors' commercial vehicle (CV) business is strategically repositioning itself from a traditional truck manufacturer to a comprehensive logistics and mobility platform, aiming to reduce dependence on cyclical vehicle demand by accelerating growth in digital, international, and services segments.
Prism, the parent company of OYO, has filed updated draft papers with Sebi for a Rs 6,650 crore initial public offering (IPO) consisting entirely of a fresh issue of shares, with no offer-for-sale component from existing investors.
From Peranbu to Bramayugam, Padma Bhushan winner Mammootty's recent filmography is proof that legends can keep reinventing themselves, even post 70.
Thousands of Norwegian fans celebrated their team's first World Cup knockout-round win against Ivory Coast with a massive "Viking row" through Oslo. The jubilant celebrations, however, led to minor damage to city streets and metro trains, prompting transit authorities to take carriages out of service for repairs.
Mexico coach Aguirre hails fans as driving force for victory as they beat Ecuador to break 40-year-old hoodoo.
The Indian cricket team faces a significant selection challenge regarding the inclusion of 15-year-old prodigy Vaibhav Sooryavanshi, especially after recent losses to Ireland. The article explores various scenarios and opinions, including Sunil Gavaskar's strong recommendation, on how to integrate Sooryavanshi into the playing XI for the upcoming T20 series against England without disrupting the team's balance.
Shardul Thakur on Monday expressed his disappointment on not being "utilised properly" during India's 2025 tour of England last year for five Tests, saying that he had performed the last time he played for the country.
G Sindhushree lacked the funds to buy proper equipment after her father's death in 2022, forcing her to compete with shorter poles until she borrowed a longer one just two weeks before the National Inter-State Championships in Bhubaneswar.
India captain Shreyas Iyer praised Ireland for their exceptional performance and strategic execution in securing a historic 2-0 T20I series victory. Ireland defeated India by 34 runs in the first match and then by a solitary run in the second, showcasing their understanding of local conditions and strong teamwork. Irish skipper Lorcan Tucker expressed disbelief and pride in his team's character, while player of the series Moondra highlighted the importance of sticking to basics.
A dominant 6-0 victory for Canada over Qatar in a World Cup 2026 Group B match in Vancouver was marred by a heated post-game confrontation between players and coaching staffs. Tensions escalated after two red cards for Qatar and Canada's continued attacking play, leading to a fiery exchange between coaches Jesse Marsch and Julen Lopetegui.
Despite its intriguing premise, Uyir never quite cracks the mystery, relying instead on emotional drama to deliver its final blow.
France head coach Didier Deschamps made World Cup history by becoming the most successful manager in terms of victories after France's dominant 3-0 win over Sweden, with Kylian Mbapp starring once again to send Les Bleus into the Round of 16.
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As Curry Barker's Obsession arrives on OTT this week, Sreeju Sudhakaran revisits the chilling psychological horror film about the terrifying implications of a man's desire to control a woman's affections.
Despite backing from the team management, Washington Sundar's inconsistent usage with both bat and ball has raised questions over his undefined role, with Ravichandran Ashwin urging India to utilise him more clearly as a genuine all-rounder.
Passenger vehicle sales in India are estimated to have surged by nearly 25 per cent in June 2024, reaching approximately 4 lakh units, with Maruti Suzuki, Tata Motors PV, and Mahindra & Mahindra leading the growth, despite concerns over geopolitical tensions and monsoon impact.
India Post is reinventing itself from a traditional mail service into a modern logistics, e-commerce, and real estate powerhouse. Several post offices situated inside major university campuses, called Gen Z post offices, have received a facelift, with cafe-like decor and wi-fi availability.
