RBI Governor sees AI as key tool to combat money laundering

IANS | March 26, 2025 12:35 PM

Mumbai, March 26 (IANS) Reserve Bank Governor Sanjay Malhotra on Wednesday said that considering the evolving landscape of money laundering, regulators will need to continuously augment artificial intelligence (AI) and Machine Learning (ML) risk assessment framework to make appropriate system enhancements.

Airlines to operate record 25,610 flights a week in summer

IANS | March 26, 2025 12:00 PM

New Delhi, March 26 (IANS) India's commercial airlines will operate 25,610 flights per week during the forthcoming summer season, a 5.5 per cent increase compared to the same period last year, the Directorate General of Civil Aviation (DGCA) said.

Revised RBI’s priority sector lending norms to further boost economy: SBI report

IANS | March 26, 2025 10:16 AM

New Delhi, March 26 (IANS) The recent amendments in priority sector lending (PSL) guidelines by the Reserve Bank of India (RBI) should further help the economy grow faster and fine tune the building blocks of the factors of productions, mainly the MSMEs, agri and allied sectors, housing and exports, etc, a report by SBI Research said on Wednesday.

Data-pooling with ILO shows 65 pc Indians get benefits under social protection schemes

IANS | March 25, 2025 9:14 PM

New Delhi, March 25 (IANS) India has made significant strides in enhancing its social protection coverage through a comprehensive data-pooling exercise in collaboration with the International Labour Organisation (ILO). The initiative has utilised encrypted Aadhaar as a unique identifier across 34 major Central schemes such as MGNREGA, EPFO, ESIC, APY, and PM-POSHAN to process over 200 crore records to identify unique beneficiaries, the Ministry of Labour announced on Tuesday.