Indian banks and financial firms are increasingly using AI for critical tasks like fraud prevention and decision-making. While early adopters are seeing success, many companies still face hurdles in infrastructure and governance. AI is now integral to core operations, not…
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The company is also strengthening its renewable energy ambitions. Ambani highlighted India’s decade of economic and digital transformation.
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Companies can now invest up to ten percent of their Corporate Social Responsibility funds into special instruments. These instruments are called zero coupon zero principal instruments. They are issued by not-for-profit organizations. This investment will happen through a Social Stock…
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India is planning new incentives to boost local production of battery components. This move aims to reduce import dependence for electric vehicle batteries. Discussions are ongoing for tax support and outcome-linked programs. The government is focused on developing domestic supply…
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Demand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The government increased the import duty on gold to 15% from 6% with effect from May 13.
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Fraud cases under the card, internet and digital payments category fell to just 293 cases from 13,332 in FY25 and 28,836 in FY24. The amount involved in such frauds also declined sharply to Rs 29 crore in FY26 from Rs…
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