Mumbai : Markets regulator Sebi has proposed a five-point plan for adoption and use of artificial intelligence-machine learning (AI/ML)based technologies in the Indian securities market. Those are model governance, investor protection disclosure, testing framework, fairness & bias, and data privacy & cyber security measures.The regulator has come out with a consultation paper titled ‘Guidelines for…
Tesla’s outlets to open in July with China-made EVs Tesla is set to open its showrooms in July, people familiar with discussions said, kicking off operations as the Elon Musk-led firm hunts for growth, amid falling sales in Europe and China. Tesla’s first set of cars have arrived – Model Y rear-wheel drive SUVs shipped…
Hindustan Aeronautics Limited (HAL) has won the bid for the transfer of technology (ToT) of the Small Satellite Launch Vehicle (SSLV), a key Isro project designed to rapidly launch payloads of up to 500 kg into low Earth orbit.Announcing the decision at a virtual press conference on Thursday, Indian National Space Promotion and Authorisation Centre…
India’s eight core infrastructure sectors grew by just 0.7% in May 2025, against 6.9 per cent in the same month last year marking the slowest pace in nine months, according to official data released by the commerce ministry on Friday.The previous low was recorded in August 2024, when the index had contracted by 1.5%. In…
Gold-silver rate today: Gold prices slipped below the Rs 1 lakh-mark, falling Rs 600 to Rs 99,960 per 10 grams in the national capital on Friday due to selling by jewellers and stockists in line with weak global cues, according to the All India Sarafa Association.The precious metal of 99.9 per cent purity had settled…
Former HDFC chairman Deepak Parekh and ICICI Bank chief Chanda Kochhar MUMBAI: Former HDFC chairman Deepak Parekh, in a candid disclosure, said that then ICICI Bank chief Chanda Kochhar had proposed a merger between the two lenders – well before HDFC’s eventual reverse merger with its banking subsidiary. During an interaction with Kochhar on her…
Tesla’s first retail location is scheduled to open in Mumbai by mid July. (AI image) Elon Musk-led Tesla plans to inaugurate its first showrooms in India this July, according to informed sources, marking its official entry into the world’s third-largest car market, as the company seeks expansion amidst declining sales in European and Chinese markets.The…
RBI Governor Sanjay Malhotra said a front-loaded interest rate cut would offer clarity and confidence to economic agents and support growth as the global environment remains volatile, according to minutes of the June monetary policy meeting released on Friday.The Monetary Policy Committee (MPC), headed by Malhotra, cut the repo rate by 50 basis points on…
ITR filing FY 2024-25: Pre-filling of ITR forms has several advantages. (AI image) Income Tax Return Filing FY 2024-25: The Income Tax Department has been aiming to make the e-filing of income tax returns easier for taxpayers, and one such step in that direction is pre-filled ITR forms. If you have been filing tax returns,…
Navratna Defence Public Sector Undertaking Bharat Electronics Limited (BEL) has secured fresh orders worth Rs 585 crore since its last disclosure on June 5, the company said in a stock exchange filing.Major components of the new orders include fire control and sighting systems for missiles, communication equipment, jammers, spares, and services, according to the disclosure…
