The Indian government is developing a strategy for domestically controlled AI infrastructure to enhance AI adoption in governance and cultivate skilled talent. NITI Aayog is identifying ecosystem gaps and recommending measures to bolster India’s independent AI development and deployment capabilities,…
Read More
This week, the Indian rupee and bonds are set to gain traction. The anticipated U.S.-Iran peace agreement could provide a significant boost to these investments. Fluctuations in oil prices are expected to play a crucial role in the rupee’s direction.…
Read More
The government has accepted significant changes to the proposed Securities Markets Code. Investigation timelines will be extended to one year. Depositories will gain powers to correct records. The Centre’s authority to supersede market infrastructure institution boards will now require Sebi’s…
Read More
AI can help with surveillance and fraud detection. However, it also poses risks like bias and data protection issues. SEBI will issue guidelines for responsible AI use. The regulator will also consider international recommendations.
Read More
Wealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to invest in lucrative FCNR accounts. This strategy aims for high returns and potential tax benefits. NRIs…
Read More
Gold prices jumped significantly on Monday. This surge followed news of a preliminary peace deal between the U.S. and Iran. The agreement is expected to lower oil prices and ease worries about inflation and higher interest rates. This development has…
Read More