Catch complete Union Budget 2018 coverage on: http://www.business-standard.com/budget 

Modi govt bats for woman power in Budget 2018

India wants to emerge as a major refining hub supplying fuel to the global markets as Western companies are cutting crude processing capacities in favour of energy transition

This contract entails the development of 225MW-AC (alternate current), equivalent to 276 MW DC (direct current), grid connected solar projects

Xiaomi Pad 7 launching on Jan 10. Vivo Y29 5G smartphone launched. Ray-Ban Meta glasses with display. Apple iPad 11th generation launching early next year. Samsung Galaxy S25 Slim

The Reserve Bank on Thursday announced the setting up of an eight-member committee to develop a framework for responsible and ethical enablement of artificial intelligence (FREE-AI) in the financial sector.
Headed by IIT Bombay professor Pushpak Bhattacharyya (Department of Computer Science and Engineering), the panel will assess the current level of adoption of AI in financial services, globally as well as in India.
It will also review regulatory and supervisory approaches on AI with focus on the financial sector globally.
The panel will also identify potential risks associated with AI, if any, and recommend an evaluation, mitigation and monitoring framework and consequent compliance requirements for financial institutions, including banks, NBFCs, FinTechs, PSOs, etc.
The committee will recommend a framework including governance aspects for responsible, ethical adoption of AI models / applications in the Indian financial sector, the RBI said.
The other members of the panel are: .

The committee will recommend a framework including governance aspects for responsible, ethical adoption of AI models / applications in the Indian financial sector

Delhi Police has stepped up the security around AIIMS, Delhi after the demise of former prime minister Manmohan Singh during treatment.
Deputy Commissioner of Police (South) DCP Ankit Chauhan and other senior police officers of the district reached All India Institute of Medical Sciences (AIIMS) for reviewing the security arrangements.
A senior police officer said that security around AIIMS, Delhi was tightened and a company of paramilitary personnel was deployed.
Extra staff from other neighbouring police stations have also been deployed as senior leaders, ministers and other dignitaries arrive at the hospital.
His body may be shifted from AIIMS to his house in Delhi around midnight, police sources said.
Singh, the architect of India's economic reforms, died here on Thursday night. He was 92.
His death was announced by the AIIMS where he was admitted in the Emergency ward around 8.30 pm in a critical condition.
An AIIMS bulletin said he was "treated for age-related medical cond

A senior police officer said that security around AIIMS, Delhi was tightened and a company of paramilitary personnel was deployed

The India Meteorological Department (IMD) has predicted thunderstorms, hailstorms, and moderate rainfall across northwestern and central India on December 27th and 28th

The move could benefit tens of millions of taxpayers, especially city dwellers burdened by high living costs, if they opt for a 2020 tax system that strips exemptions like housing rentals

The steel ministry believes that a higher import duty, if implemented, could mitigate the adverse effects of a rise in cheaper imports of finished steel, particularly from China

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Celebrity and Travel Photographer Rahul Lokare from Flamingo Productions creates waves of change in the world of photography.

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Modi govt bats for woman power in Budget 2018

Catch complete Union Budget 2018 coverage on: http://www.business-standard.com/budget

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