MUMBAI: RBI deputy governor Rohit Jain flagged concentration risk among banks as most of them become dependent on a few cloud, technology and model providers, warning that a common technology dependency could allow a disruption at one provider to spread across multiple financial institutions.Speaking at the Global Fintech Fest in Mumbai on Wednesday, Jain said…
The creators of the long-running and enthusiastically insolent TV show “South Park” aren’t known to be huge fans of President Donald Trump. However, they’ve decided to adopt one of his ideas – in a way.They’re changing – at least for the moment – the name of the popular series, which just won the Emmy for…
MUMBAI: IPO-bound National Stock Exchange (NSE), the largest stock exchange in India by turnover and profits, is reducing the size of its offering to about 5.3% of its equity base, from 6% planned earlier. The stocks will be offered in a price band of Rs 1,700 to Rs 1,785 per share, people in the know…
Pratika Rawal replaces Jemimah (Image: IANS) Top-order batter Pratika Rawal has been included in India’s women’s cricket squad for the 2026 Asian Games in Aichi-Nagoya, Japan, as a replacement for injured Jemimah Rodrigues.Jemimah continues to recover from a hamstring injury she suffered while playing for Southern Brave in The Hundred on August 3. The injury…
SRINAGAR: J&K chief secretary Atal Dulloo Wednesday rolled out a three-year scheme to rehabilitate drug addicts under treatment at govt-run or aided de-addiction centres and institutions, prevent relapse, and aid their reintegration into society.The scheme will initially be introduced in the districts of Jammu, Srinagar, Kathua and Budgam and later extended to others, officials said.Under…
Merchandise exports rose 17.04% to $173.78 billion during April-July, while imports climbed 19.27% to $292.38 billion. India’s merchandise exports have grown by more than 15 per cent in the first five months of the current fiscal despite a challenging global trade environment, Commerce and Industry Minister Piyush Goyal said on Wednesday.The union minister said the…
File picture of Satish Jarkiholi alongside Congress state president BK Hariprasad Bengaluru: Enforcement Directorate searches at the premises of PWD minister Satish Jarkiholi, his daughter and Chikkodi MP Priyanka Jarkiholi and their associates have added a new dimension to Congress’ internal wrangling and has shone the spotlight on Jarkiholi’s political future ahead of the 2028…
Dolly Parton’s sister Stella Parton reveals why the country icon kept her cancer battle private. Country music icon Dolly Parton kept her battle with cancer private until her final days because she did not want her fans or family members to worry about her, her younger sister Stella Parton has revealed. Dolly, who died last…
India’s ethanol production capacity has surpassed the requirements for blending, prompting the government to explore additional uses for the surplus. The government is looking to move beyond the 20 per cent ethanol-blending target as flex-fuel vehicles are expected to enter the market, advisor to the Prime Minister Tarun Kapoor said on Wednesday.Speaking at The India…
ORV Sagar Manthan, built under the Deep Ocean Mission at a cost of around Rs 840 crore, will boost India’s ocean research capabilities. NEW DELHI: The Government on Wednesday launched state-of-the-art ocean research vessel ORV Sagar Manthan at Rishi Bankim Shipyard in Kolkata, boosting India’s efforts towards self-reliance in oceanographic science and maritime technology.Constructed under…
