AI tool adoption gets a government boost in India
The Centre’s push to wean officials away from the usage of publicly available AI-based tools owned by foreign entities has also contributed to the demand.
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What next for Indian rupee after falling past 89 per dollar?
In the absence of a breakthrough in US-India trade talks, the currency is expected to exhibit a downward bias, though Reserve Bank of India interventions are likely to moderate extreme movements.
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Why are foreign banks exiting India retail, wealth banking?
The divestments present a major opportunity for Indian private sector banks to acquire customer bases, deposits, and wealth management portfolios quickly.
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RBI chief says room for more interest rate cuts in India, timing up to panel
During a press briefing, Sanjay Malhotra, the Governor of the Reserve Bank of India, hinted at the potential for further cuts in the policy interest rate, backed by promising macroeconomic indicators. While market trends might suggest a pause, economic experts…
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TRAI ‘bans’ over 21 lakh fraud numbers, has ‘important’ advice for phone users
TRAI has disconnected over 21 lakh mobile numbers and one lakh entities for spam and fraud in a year. Citizens reporting through the official TRAI DND App enables permanent disconnection, unlike simple local blocking. Users are urged to report suspicious…
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Non-US markets emerge as new growth engine for marine exports
India’s marine export scene experienced a noteworthy upswing of 16.18%, hitting an impressive USD 4.87 billion from April to October. The increase is driven by robust interactions with key players like China, Vietnam, Russia, Canada, and the UK.
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