Search Results for: Banking Regulation Act

Massive Microsoft Outage Worldwide due to Windows 10 update 'CrowdStrike'; Air traffic in chaos, social media abuzz with disruptions all around

In India, almost all air carriers -- Vistara, IndiGo, SpiceJet and Akasa Air -- are facing technical issues

Jul 19, 2024

Crypto platform WazirX suffers mega cyber breach, loses digital assets worth $234 million

Crypto platform WazirX suffers massive cyber attack, loses digital assets worth $234 million

India's leading cryptocurrency exchange WazirX on Thursday said it has suffered a massive data security breach, resulting in the alleged transfer of about $234 million worth of digital assets to a different address, as crypto exchanges continue to face the regulatory heat.

Jul 19, 2024

The Transformative Role of Machine Learning in Financial Forecasting

ML is revolutionizing financial forecasting in consumer banking, enhancing fraud detection, personalizing customer experiences, predicting behavior, aiding strategic planning, and optimizing pricing.

Jul 16, 2024

India has potential to become even as world's 2nd largest economy by 2031, says RBI Dy Governor

Given the country's innate strengths, it is possible to imagine India striking out into the next decade to become the second largest economy in the world not by 2048, but by 2031, and the largest economy of the world by 2060

Jul 13, 2024

India has potential to become world's 2nd largest economy by 2031: RBI Dy Governor

Jul 13, 2024

Markets at new all-time high, Nifty trades above 24,500 for first time

India equity benchmarks are trading at record highs on Friday following buying in the IT stocks.

Jul 12, 2024

Held discussions with legal experts on release of Cauvery water to Tamil Nadu: K'taka Deputy CM

Karnataka Deputy Chief Minister D. K. Shivakumar on Friday said that he held discussions with legal experts on releasing Cauvery water to Tamil Nadu.

Jul 12, 2024

Decline in markets continues, Sensex down 315 points, Nifty 86 pts

Sensex was down 315 points or 0.39 per cent to 79,610.08 levels while Nifty50 slipped 0.35 per cent or 86 points at 24,238.95.

Jul 11, 2024

Over 7 in 10 large Indian firms adopt sustainability goals in response to regulatory shifts

Over 75% of large Indian companies have set clear ESG goals, with 84% voluntarily sharing their targets. However, small and medium enterprises (SMEs) still have some road to cover in integrating ESG strategies.

Jul 10, 2024

Sensex, Nifty end flat as markets turn to consolidation phase

Markets: Sensex trades down 228 points, Nifty down 58 points amid selling in banking stocks

Maruti Suzuki, NTPC, Titan, Bharti Airtel, Bajaj Finance, and Tata Steel are top gainers.

Jul 10, 2024

Nykaa's Falguni Nayar Featured in IBT's Top CEO Awards 2024

In the vibrant world of beauty and cosmetics, Falguni Nayar has emerged as a pioneering force, revolutionizing how Indians shop for beauty products through her visionary leadership at Nykaa. As the CEO and founder, Nayar has not only transformed Nykaa into a leading beauty e-commerce platform but also set new standards for entrepreneurship and female leadership in India.

Jul 7, 2024

Sensex down 510 points, trades lower amid profit booking in largecaps

At 9:50 a.m., Sensex was down 510 points or 0.64 per cent at 79,538 and Nifty was down 88 points or 0.36 per cent at 24,214.

Jul 5, 2024

Mega boost to Indian startup ecosystem; $7bn in H1 2024, domestic funding, demand set to drive growth

Indian startups received nearly $7 billion in funding in the first half of 2024, indicating potential for growth. This growth is driven by domestic funding and demand, similar to the success seen in Silicon Valley and China. The Indian FMCG sector's growth, driven by rural demand and government initiatives, serves as an example of the potential for domestic demand to drive growth in the startup sector.

Jul 4, 2024

No role in scams, why should I resign: K'taka CM on BJP's demand

Reacting to the BJP's resignation demand over his alleged involvement in the irregularities in the tribal welfare Board and Mysuru Urban Development Authority (MUDA), Karnataka Chief Minister Siddaramaiah maintained on Wednesday that he would not quit as he had no role in it.

Jul 3, 2024

Prime Minister Narendra Modi speaks in Rajya Sabha during the ongoing session of Parliament

PM Modi Outlines Third Term Goals: A decisive fight against poverty in next 5 years

Prime Minister Narendra Modi on Wednesday sought to give a roadmap for his government in the NDA's third term and outlined the 'fight against poverty' as the prime focus in the next five years.