CashNews.co What’s going on here? India’s top banking official, Shaktikanta Das, has expressed concerns about the risks artificial intelligence (AI) and machine learning present to the financial sector. What does this mean? As AI integrates deeper into financial services globally, the Governor of the Reserve Bank of India warns it might endanger financial stability. With […]
CashNews.co India and a few other economies have already commenced efforts to expand linkage of crossborder fast payment systems both in the bilateral and multilateral modes, he said. (Photo: Reuters) 4 min read Last Updated : Oct 14 2024 | 3:45 PM IS Reserve Bank Governor Shaktikanta Das on Monday made a case for […]
CashNews.co MoneycontrolHow to invest in US stocks from India: A comprehensive guideInvesting in US stocks from India has become a popular option for those looking to diversify their portfolios and tap into the growth of….30 minutes ago Read More #cashnews #India #finance
CashNews.co MUMBAI (Reuters) – The growing use of artificial intelligence and machine learning in financial services globally can lead to financial stability risks and warrants adequate risk mitigation practices by banks, the Governor of the Reserve Bank of India said on Monday. “The heavy reliance of AI can lead to concentration risks, especially when a […]
CashNews.co Bajaj Housing Finance share price fell over 4% in early trade on Monday, October 14 as the one-month lock-in period for shareholders ends today. Bajaj Housing Finance shares dropped as much as 4.50% to ₹144 apiece on the BSE. Approximately 12.6 crore equity shares, or 1.5% stake, of Bajaj Housing Finance will be eligible […]
CashNews.co Aptus Value Housing Finance India, a midcap company in the housing finance industry, has reached a 52-week high on October 14, 2024. The stock has outperformed the sector by 9% and is currently trading higher than its moving averages. In the past year, the stock has shown a strong performance, showcasing the company’s growth […]
CashNews.co Amit Jain, senior energy specialist at the World Bank, expressed similar sentiments, calling for greater involvement from both the private and public sectors. “India requires $150 billion annually for green finance, but we’re currently receiving just $50 billion, half from the government and half from the private sector,” Jain pointed out. This imbalance in […]
CashNews.co Ratan Tata, who was one of India’s best known businesspeople and led his family conglomerate on a bold international expansion, has died aged 86. An industrialist from an influential Zoroastrian Parsee clan, Tata wanted his family’s storied corporate group to wield clout beyond the nation it helped to build — but found its execution […]
CashNews.co Premium India’s vibrant capital markets have also played a crucial role in sustaining M&A activity. Photo: X @@JMFSLtd 3 min read Last Updated : Oct 13 2024 | 4:13 PM IS Indian companies acquiring offshore firms are primarily seeking to gain “access” to specific markets or acquire essential technologies and intellectual property to […]
CashNews.co Arabian Gulf Business Insight | AGBIIndia’s Adani set to raise $1bn from Middle East wealth fundAdani Group, led by Indian billionaire Gautam Adani, is in advanced discussions with an unnamed sovereign wealth fund from the Middle East….43 minutes ago Read More #cashnews #India #finance