Banking And Finance
RBI mandates kill switch for AI models at banks, introduces comprehensive model risk framework
Mumbai: The has mandated that banks and all other regulated entities must have the ability to instantly override, suspend or deactivate any artificial intelligence model deployed in their operations —…
Harshad Mehta scam lessons: 5 investing mistakes retail investors still make today
The Harshad Mehta story is often admired and remembered for its thrilling nature. Even today, it is recognised as a tale of stock market glamour, overnight wealth, epic valuations, stock…
Best cities to live in India and their cost of living: Bengaluru tops the list | Check if Mumbai, Delhi made the cut
In the last two decades, India has seen a remarkable urban evolution. Expanding metro networks, thriving startup hubs, smart infrastructure projects, and a rising middle class have redefining life across…
Should NRIs in Dubai use a UAE foundation for succession planning?
As an NRI HNI in Dubai planning succession for family wealth, should I consider a UAE foundation? –Name withheld on request In simple terms, it is a separate legal entity…
Market
Can a reversal in global AI trade benefit Indian stock market?
AI stocks have seen some selling lately, sparking speculation that investors are playing an anti-AI trade amid concerns that the sector is in bubble territory. India’s limited participation in the…
Top Gainers & Losers on June 24: KPR Mill, HDFC Bank, Brigade Enterprises, HPCL, Pine Labs, IndiGo among top gainers
Amid broad-based buying, the Indian stock market closed Wednesday’s session with solid gains, recovering much of the previous day’s losses. Financial stocks led the rally, while a rebound in technology…
Sensex jumps 800 points, Nifty 50 ends above 24,000: Key factors behind stock market rally explained
Stock market today: The Indian stock market witnessed solid buying interest on Wednesday, 24 June, with frontline equity indices, the Sensex and the Nifty 50, clocking strong gains. The Sensex…
Knack Packaging’s ₹440 cr IPO to open on July 1; price band set at ₹161-170 per share
Packaging solutions provider Knack Packaging Ltd’s Initial Public Offering (IPO), with an issue size of nearly ₹440 crore, will open for public subscription on July 1. The price band has…
Market
Incubating businesses to start demerging from FY28: Adani Group CFO
Adani Enterprises Ltd (AEL) expects to begin the demerger of its incubating businesses from FY28 onwards and plans to invest ₹35,000-40,000 crore annually over the next five years as it…
Indri Whisky adds authenticity hologram to bottles amid India’s single malt boom
Indri, the single malt whisky brand owned by Piccadily Agro Industries Limited (PAIL), announced on Wednesday that its bottles will now carry a certification hologram issued by the Indian Malt…
Elon Musk became world’s first trillionaire on June 12, then watched $363 billion disappear within a fortnight
Elon Musk’s run as the world’s first trillionaire has ended, just a fortnight after it began. The Tesla and SpaceX chief’s fortune now stands at $957 billion, according to the…
Sublime enters travel retail with first airport store at Bengaluru Airport Terminal 2
Sublime, a luxury brand offering a thoughtfully curated range of tea, dry fruits, spices, and honey sourced from across India, has announced the opening of its first airport store at…
Axis
