India’s forex reserves see sharpest rise in 2 years

IANS | March 16, 2025 3:15 PM

New Delhi, March 16 (IANS) After the $10 billion forex swap undertaken by the central bank on February 28, when it bought dollars against rupee to inject liquidity in the system, the country's foreign exchange reserves saw a huge $15.267 billion spike during the week ended March 7.

AI's role in modern markets could lead to collusion, says CCI chief

IANS | March 16, 2025 2:18 PM

New Delhi, March 16 (IANS) Artificial Intelligence (AI) is transforming markets and business operations, but it also poses risks, including the potential for enabling collusion and discrimination, Ravneet Kaur, Chairperson of the Competition Commission of India (CCI), said on Sunday.