New Delhi, Aug 8 (IANS) The Reserve Bank of India (RBI) has decided to resume licensing of urban co-operative banks (UCBs) on ‘on tap’ basis but there is a need for stronger governance, professional management, timely oversight, and secure technology adoption for resilience, according to a new report.
Mumbai, Aug 8 (IANS) The Indian equity benchmarks posted gains for the second consecutive week, over sharp corrections in crude oil prices and strong Q1 FY27 earnings results.
Mumbai, Aug 8 (IANS) Foreign institutional investors (FIIs) remained net buyers in India for the second consecutive week, following net purchases of Rs 5,949 crore in the previous week, with an additional Rs 2,911 crore in the current week, based on provisional exchange data.
New Delhi, Aug 7 (IANS) The emergence of Pax Silica and World AI Cooperation Organisation (WAICO) may yet signal a new era of bloc politics centered on technology where, as the two global powers driving their respective initiatives claim to be "positive-sum", their rivalry risks creating parallel digital worlds -- one anchored in Washington, the other in Beijing.
Gandhinagar, Aug 7 (IANS) The Gujarat government on Friday formally notified the 'Viksit Gujarat Data Centre Policy 2026-29', setting out an ambitious plan to develop 7.5 GW of Hyperscale Green AI Data Centre capacity and position the state as India's leading destination for next-generation digital infrastructure.
New Delhi, Aug 7 (IANS) Artificial intelligence and machine learning were the most widely adopted technologies among applicants, used by 74 per cent of the startups, Nasscom said on Friday as it announced its list of ten of India’s most promising deep tech startups.
New Delhi, Aug 7 (IANS) India has substantially advanced financial inclusion through initiatives such as the Jan Dhan Yojana and must now move decisively towards financial empowerment, Union Minister of State for Science & Technology, Earth Sciences Dr. Jitendra Singh said on Friday, asserting that artificial intelligence (AI), quantum technologies, cybersecurity and blockchain will drive the next phase of the country's financial technology growth.
New Delhi, Aug 7 (IANS) The government has taken various measures to ensure that adequate availability of fertilisers are available to farmers and there has been no shortage of urea and DAP during the last three years and the ongoing Kharif 2026 season, the Parliament was informed on Friday.
New Delhi, Aug 7 (IANS) Indian Railways has imposed penalties totalling Rs 5.13 crore on caterers and terminated six contracts over food quality and hygiene violations during the last three years, the government informed the Parliament on Friday.
New Delhi, Aug 7 (IANS) The Research, Development and Innovation (RDI) Fund is being implemented through a robust institutional framework founded on transparency, merit-based evaluation and stringent conflict-of-interest safeguards, the government said on Friday.
