Mumbai, April 28 (IANS) The Reserve Bank of India (RBI) on Tuesday launched ‘Mission SAKSHAM’, a nationwide capacity-building initiative aimed at strengthening the Urban Cooperative Banking (UCB) sector through structured training and skill development programmes.Unveiled by the RBI Governor, the mission seeks to enhance the capabilities of urban cooperative banks by equipping their workforce and leadership with the necessary knowledge and tools to navigate an evolving financial landscape.Th…
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Washington, April 16 (IANS) India’s deep pool of technology talent is emerging as a critical factor in the global race to build digital asset infrastructure, participants at a policy discussion have said.The discussion, held under Chatham House Rules on Wednesday (local time), highlighted India’s growing importance in the crypto ecosystem, driven by its large base of software developers and expanding digital capabilities.Participants said the shift towards digital assets — including stablec…
New Delhi, Feb 25 (IANS) As new technologies redefine the communications landscape, it is essential that we put in place the right regulatory guardrails to foster innovation while preserving fairness, transparency and public interest, Communications Minister Jyotiraditya Scindia said on Wednesday.Congratulating the Telecom Regulatory Authority of India (TRAI) on its 29th Foundation Day, the minister underscored its role as a bedrock institution ensuring fairness, equity, and a level playing fiel…
Washington, Feb 6 (IANS) Artificial intelligence has emerged as a priority risk for the US financial system, with Treasury Secretary Scott Bessent telling Congress that regulators are stepping up oversight of how AI is used across markets and institutions.Testifying before the Senate Banking Committee, Bessent said AI is one of four focus areas in the Financial Stability Oversight Council’s 2025 annual report. “The council is prioritizing the responsible use of artificial intelligence to str…
New Delhi, Jan 12 (IANS) The Bureau of Indian Standards (BIS), under the Ministry of Consumer Affairs, Food and Public Distribution, has reaffirmed its commitment to enhancing quality and safety in Ayurveda through robust standardisation.The BIS successfully organised a national-level workshop in collaboration with the Manipal Academy of Higher Education (MAHE) through its Division of Ayurveda, Centre for Integrative Medicine and Research.The event, exclusively designed for faculty members, rese…