MUMBAI: India’s financial sector is embracing generative AI at pace, with banks, insurers, and non-bank lenders deploying it to cut costs and improve efficiency. An EY report suggests productivity gains in banking operations could reach 46% by 2030. The report found that 74% of financial firms have initiated proof-of-concept trials, 42% have allocated budgets, and 11% have reached production-level deployment.
Both Musk and US President Donald Trump have in the past expressed concerns about India's steep import duties on Read more
NEW DELHI: Union aviation minister Ram Mohan Naidu will Thursday launch Directorate General of Civil Aviation’s (DGCA) “electronic personnel Read more
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MUMBAI: The Reserve Bank of India's (RBI) intervention in the foreign exchange market to stabilise the rupee resulted in Read more