[ad_1] MUMBAI: The Reserve Bank has selected global consultancy firms McKinsey and Company India LLP and Accenture Solutions Pvt Ltd India to develop systems using artificial intelligence and machine learning for its supervisory functions. The RBI is looking to extensively use advanced analytics, artificial intelligence and machine learning to analyse its huge database and improve […]
[ad_1] File photo of Russian President Vladimir Putin. | Photo Credit: AP Responding to questions about Russian President Vladimir Putin visiting India to attend the G-20 summit next month, the Deputy Chief of Mission (DCM) of Russian Embassy in India, Roman Babushkin, said on Friday that a decision on the “level” of delegation for the […]
[ad_1] MUMBAI: What took a year for SIP mop-up a decade ago, now needs just a month. Systematic investment plan contributions crossed the Rs 15,000-crore mark for the first time in July, industry data showed, reports Aseem Gujar. In FY14, MFs collected Rs 14,500 crore through SIPs in the entire fiscal. The steady rise in […]
[ad_1] Workers clear the railway tracks, a day after a train derailed in Sarhari town in the district Sanghar, Pakistan August 7, 2023. | Photo Credit: Reuters Investigators scoured the wreckage on August 7 of a weekend train derailment that killed at least 34 people, the latest deadly crash to hit Pakistan’s antiquated railway network. […]
[ad_1] Lenders to one of India’s hottest tech startups, Byju’s, created bogus default claims tied to a $1.2 billion loan as part of a scheme to gain control of the education-technology provider, the firm’s lawyer told a judge. The distressed-debt lenders are “playing hardball” to create leverage in negotiations to restructure the loan and causing […]
[ad_1] Esther Hayut, chief justice of the Supreme Court of Israel, center, sits on the bench with justices Uzi Vogelman, left, and Issac Amit, right, during a hearing on a petition against a law that limits removal of a prime minister from office to medical and mental incapacitation. | Photo Credit: AP Israel’s Supreme Court […]
[ad_1] NEW DELHI: Diesel sales dipped in July from a year ago as widespread rains and flooding in many parts of the country disrupted mobility and farm activity but petrol consumption grew on people’s continued preference for personal vehicles. Preliminary industry data shows diesel demand in July falling 4.3% and petrol consumption growing 3.8% from […]
[ad_1] In this image taken from video, President of the Central African Republic Faustin-Archange Touadera casts his ballot at a polling station in Bangui, Central African Republic on July 30, 2023. | Photo Credit: AP The Central African Republic began voting on Sunday in a referendum on a new constitution that would allow President Faustin-Archange […]
[ad_1] NEW DELHI: India’s largest oil refiner and fuel retailer IndianOil on Friday posted a net profit of Rs 13,750 crore in the June quarter against a loss of Rs 1,992 crore a year ago as a drop in oil prices since January turned petrol and diesel sales profitable in spite of pump prices remaining […]
[ad_1] Singapore’s former Indian-origin minister Tharman Shanmugaratnam. File | Photo Credit: KAMAL NARANG Singapore’s former Indian-origin minister Tharman Shanmugaratnam formally launched his presidential campaign on Wednesday and pledged to evolve the country’s culture to keep it a “shining spot” in the world. The official launch comes more than a month after Mr. Tharman first announced […]