Business

Mumbai: Finance Minister Nirmala Sitharaman Friday called for stronger accountability and safeguards around artificial intelligence as the technology moves into finance and other critical sectors, warning that regulators and companies must ensure rapid innovation does not create new forms of systemic risks. Speaking at the...

New Delhi: An Alliance Air aircraft, carrying 40 passengers, made an emergency landing at the Delhi airport due to an engine failure Friday afternoon, according to a source. In a statement, an Alliance Air spokesperson said the plane landed safely and an investigation is being...

Brussels: European Commission Friday formally submitted its proposal to the European Council to sign and conclude the Free Trade Agreement with India, marking a major step toward implementing the ambitious pact - widely termed the "mother of all deals". If authorised by the Council, this...

New Delhi: The Supreme Court has asked the Food Safety and Standards Authority of India, which has proposed phased implementation of front-of-package labelling (FoPL) on packaged foods, to come up with more clarifications on the planned labels of "nutrients of concern", fat, sugar and salt....

Mumbai: BRICS finance ministers and central bank governors called for greater representation of emerging-market and developing economies in the IMF and World Bank, and criticised unilateral tariffs and trade measures, as the expanded bloc sought to strengthen financial cooperation amid rising geopolitical and economic fragmentation....

New Delhi: Prime Minister Narendra Modi Friday held wide-ranging talks with Russian President Vladimir Putin, focusing on enhancing annual bilateral trade to USD 100 billion by 2030 and ramping up existing cooperation in areas such as defence, energy, critical minerals, and fertiliser supplies. The meeting...

Mumbai: Benchmark indices Sensex and Nifty ended marginally lower Friday after registering sharp losses during the day following a drop in crude oil prices and buying in blue-chip HDFC Bank and IT stocks. The 30-share BSE Sensex declined 120.83 points, or 0.16 per cent, to...

San Francisco: Anthropic said Thursday it has blocked efforts by bad actors to use its artificial intelligence models for malicious activity such as cyberattacks, surveillance, and research that could have led to biological weapons. As AI models grow more powerful, elaborate cyberattacks no longer require...

New Delhi: National Stock Exchange (NSE) Friday fixed a price band of Rs 1,700-1,785 per equity share for its much-awaited initial public offering (IPO), which will open for subscription September 17. The Rs 22,569-crore IPO will close September 21, making it the country's second-largest public...

Bhubaneswar: Banking operations were affected across Odisha as employees joined a nationwide strike called by the United Forum of Bank Unions (UFBU) Friday. The strike coincides with the second Saturday and Sunday, followed by government holidays for Ganesh Puja and Nuakhai. Consequently, bank branches in...