The Reserve Bank of India (RBI) has decided to revise the definition of bulk deposits as ‘Single Rupee term deposits of Rs 3 crore and above’ for scheduled commercial banks and small finance banks, central bank Governor Shaktikanta Das said on Friday. ...
The smartphone world is buzzing about the potential of AI, and it's easy to see why! AI-powered features promise to revolutionise how we use our phones, offering a level of personalisation and intelligence we've never seen before. This has led to a surge in brands promoting "AI features," however, it's important for consum...
Adani Solar, the solar photovoltaic (PV) manufacturing arm of the Adani Group, on Friday, said it has been recognised as a 'Top Performer’ in the 10th Edition of Kiwa PVEL’s PV Module Reliability Scorecard. ...
Amending the insurance laws, introduction of open architecture for insurance agents, review of regulations relating investments distribution, development of climate and natural disaster insurance covers are some of the agenda that the new Indian government has to fulfill, said insurance sector e...
Google has acquired Cameyo, which develops virtualisation tools to run Windows apps on ChromeOS devices, for an undisclosed sum. ...
Eleven complaints were filed against Meta (formerly Facebook) in European countries on Thursday over proposed changes that would allow the company to use personal data to train its artificial intelligence (AI) models without seeking consent, potentially violating European Union (EU) privacy rules. ...
AI-powered sales prospecting platform Clodura.AI on Thursday said that it raised $2 million in a pre-Series A funding round led by the Bharat Innovation Fund with additional backing from Malpani Ventures. ...
The RBI is expected to leave interest rates unchanged in its monetary policy review as it continues to maintain a balance between pushing for economic growth and keeping inflation in check. ...
With the new government set to take oath under the leadership of Prime Minister Narendra Modi, top global brokerage firms and market analysts said on Thursday that India’s economic fundamentals remain strong and the country's growth prospects, inflation dynamics, current account status, and fiscal progress are "all en...
As private bank stocks recovered sharply this week, a Goldman Sachs analysis has said this offers opportunities to investors to "accumulate" private bank stocks. ...