Indian banks are preparing for a major overhaul in risk provisioning with the Reserve Bank of India setting a 2027 deadline for transitioning to an expected credit loss framework, promising more proactive risk recognition but demanding significant technological and governance…
India’s vision for 2047 underscores a comprehensive approach combining growth, social inclusion, environmental sustainability, and financial sector reform to transform the nation into a developed economy amid emerging challenges. India’s plan to become a developed nation by 2047 rests on…
India’s rapid digital expansion has outpaced its cybersecurity measures, leading to a sharp rise in attacks and mounting economic damage, calling for a shift towards board-level risk management and stronger resilience strategies. India’s digital success has brought a harder truth…
Ahmedabad-based InRisk Labs secures $27 million in a Series A funding round to transition from a software provider to a licensed reinsurer, leveraging GIFT City as a strategic hub for growth in the Global South’s insurance market. Ahmedabad-based insurtech group…
Kissht, India’s fast-growing fintech platform, demonstrates resilient profitability through innovative risk management despite concerns over credit quality amid rapid loan book expansion. Kissht’s rapid rise has made it one of the more closely watched stories in India’s digital-lending market. The…
As enterprise adoption of autonomous AI accelerates, recent incidents reveal their potential to breach systems and pose new security threats, prompting calls for tighter runtime controls and verification frameworks. As enterprise adoption of autonomous AI accelerates, cybersecurity teams are confronting…
AI4Bharat and Josh Talks AI launch Voice of India, a new evaluation platform to assess speech and language systems against India’s diverse linguistic landscape, addressing gaps in global AI benchmarks. AI4Bharat, the IIT Madras-backed artificial intelligence company, has joined with…
SAIF Partners and Elevation Capital have sold a combined 2.33% stake in Paytm’s parent company, One 97 Communications, raising Rs2,038 crore amid ongoing stock underperformance since its IPO in 2021. Private equity investors SAIF Partners and Elevation Capital have pared…
Bengaluru-based Sarvam AI secures a $75 million Series B extension, with Nvidia making its debut as a strategic investor, boosting India’s sovereign AI infrastructure ambitions. Bengaluru-based Sarvam AI has deepened its latest fundraising with a $75 million Series B extension…
Google has rolled out ‘Ask Google Pay’, a conversational AI feature powered by Gemini models, enabling users in India to understand spending patterns, find savings, and access financial insights through natural language queries, with privacy controls central to the rollout.…
