While the RBI is already using AI and ML in supervisory processes, it now intends to upscale it to ensure that the benefits of advanced analytics can accrue to the Department of Supervision in the central bank.
The department has been developing and using linear and a few machine-learnt models for supervisory examinations.
#DigitalIndia
Read more
The department has been developing and using linear and a few machine-learnt models for supervisory examinations.
#DigitalIndia
Read more
The Economic Times
RBI plans to extensively use artificial intelligence, machine learning to improve regulatory supervision
While the RBI is already using AI and ML in supervisory processes, it now intends to upscale it to ensure that the benefits of advanced analytics can accrue to the Department of Supervision in the central bank. The department has been developing and using…
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India’s merchandise #exports in April-September 2022-23 was USD 229.05 billion with an increase of 15.54% over USD 198.25 billion in April -September 2021-22. #MakeInIndia
🔖https://t.co/tVLvBxOKNf
🔖https://t.co/tVLvBxOKNf
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Reserve Bank of India will soon commence the pilot launch of e-rupee for specific use cases as it tests digital currency in India.
#India
#RBI #Erupee #DigitalCurrency
https://mybs.in/2b1L1Id
#India
#RBI #Erupee #DigitalCurrency
https://mybs.in/2b1L1Id
Business-Standard
RBI to launch e-rupee on pilot basis for limited use; issues concept paper
The concept note presents the background, motivation, choices of design features and other policy frameworks for e-rupee system for the country
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Adani Group will invest ₹65,000 crore in Rajasthan over the next five to seven years and create more than 40,000 direct and indirect jobs. Adani group has already invested over ₹35,000 crore across multiple sectors in Rajasthan.
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Hindustan Times
Gehlot on stage, Gautam Adani vows ₹65,000 cr investments, 40k jobs in Rajasthan
At Invest Rajasthan Summit, chief minister Ashok Gehlot said one should appreciate the courage of Rajasthanis as the state has faced drought and famine for centuries.
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72 items of total of 214 items mentioned in 1st & 2nd Positive Indigenisation List indigenised by Defence Public Sector Undertakings well before their original timelines of Dec 2023, Dec 2024 & Dec 2025. Remaining 142 items being indigenised within the timeline of this year-end: MoD
#Defence #AatmaNirbharBharat
#Defence #AatmaNirbharBharat
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American company Swiftships supplying 20 gunboats to Pakistan Navy.
#IndianSubcontinent
#IndianSubcontinent
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Old article but a #MustRead
Two Gujarati communities—the Palanpuri Jains and the Kathiawadi Patels—have come to dominate the global diamond industry, replacing the Jews who dominated the industry for centuries.
Antwerp’s diamond business had long been controlled by its orthodox, largely Hasidic Jewish community. But today it is the Mehtas and the Shahs rather than the Epsteins and Finkelszteins, who control almost three-quarters of Antwerp’s diamond industry.
https://t.co/qebeKym3SV
Two Gujarati communities—the Palanpuri Jains and the Kathiawadi Patels—have come to dominate the global diamond industry, replacing the Jews who dominated the industry for centuries.
Antwerp’s diamond business had long been controlled by its orthodox, largely Hasidic Jewish community. But today it is the Mehtas and the Shahs rather than the Epsteins and Finkelszteins, who control almost three-quarters of Antwerp’s diamond industry.
https://t.co/qebeKym3SV
Quartz
How the Gujaratis took over Belgium’s diamond trade
From the outside, Number 2 Hoveniersstraat Street in Antwerp is a nondescript office block. Only the clusters of businessmen speaking in Gujarati on their mobile phones or with each other, give any indication of the hive of activity inside. In the lobby,…
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Mercedes-Benz launches first ‘Made in India’ EQS 580 luxury electric car
According to the company, the EQS 580 is the 14th Made in India Mercedes-Benz model and the first-ever locally produced (assembled) EV in India. The EQS is also India`s longest-range EV, with a range of up to 677 km
#MakeInIndia
Read More
According to the company, the EQS 580 is the 14th Made in India Mercedes-Benz model and the first-ever locally produced (assembled) EV in India. The EQS is also India`s longest-range EV, with a range of up to 677 km
#MakeInIndia
Read More
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Indian Development News 🇮🇳
https://youtu.be/OqKu8Lxnzro Remember, UK is the country least dependent on Russian #energy. #InternationalNews #NWO #WinterIsComing
YouTube
Why is Europe facing a BANKING CRISIS like 2008? : Credit Suisse Crisis Business case study
Smallcase➡️All weather investing: https://link.smallcase.com/5KpDHluaSqb
➡️Dividend Aristocrats: https://link.smallcase.com/5uCI5TxaSqb
Communication Masterclass: Join our communication masterclass to master the art of storytelling
https://www.thethinks…
➡️Dividend Aristocrats: https://link.smallcase.com/5uCI5TxaSqb
Communication Masterclass: Join our communication masterclass to master the art of storytelling
https://www.thethinks…
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Old news we missed.
In an effort to boost India’s energy security state-owned Indian Oil Corp earlier this week inked long-term oil supply contracts Colombia’s state-run Ecopetrol SA. in Singapore. 🇮🇳🤝🇨🇴
To diversify our #Oil and #Energy needs away from Russia and Gulf, we are signing deals and making investments with Latin America #ForeignAffairs
https://www.financialexpress.com/defence/ioc-inks-pact-with-colombias-ecopetrol-to-boost-energy-security/2697084/
In an effort to boost India’s energy security state-owned Indian Oil Corp earlier this week inked long-term oil supply contracts Colombia’s state-run Ecopetrol SA. in Singapore. 🇮🇳🤝🇨🇴
To diversify our #Oil and #Energy needs away from Russia and Gulf, we are signing deals and making investments with Latin America #ForeignAffairs
https://www.financialexpress.com/defence/ioc-inks-pact-with-colombias-ecopetrol-to-boost-energy-security/2697084/
Financial Express
IOC inks pact with Colombia’s Ecopetrol to boost energy security
The South American nation is already playing a significant role in the energy security of India and has been supplying coal and crude.
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🇮🇳🇬🇧 #FTA will not be signed by this Diwali or October end
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War update ⚔️
After losing Kharkiv, mulitple cities and towns in Lugansk and Kherson, Russia lost the extremely strategic Kersch bridge which connected the Crimean peninsula to the Russian mainland.
#Geopolitics #InternationalNews
After losing Kharkiv, mulitple cities and towns in Lugansk and Kherson, Russia lost the extremely strategic Kersch bridge which connected the Crimean peninsula to the Russian mainland.
NATO🤝🇺🇦 are currently winning the war.#Geopolitics #InternationalNews
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#Offtopic
Ace Mountaineer Colonel Prem Chand (retd), the first Indian to scale Kanchenjunga, the country’s highest peak, in 1977 through its toughest route, the North East Spur, has passed away after a brief illness. in Kullu, on Tuesday. He was 87.
He was also the only living person to have climbed both peaks of Nanda Devi, the main peak, and the east one, Sunanda Devi, regarded as one of the toughest Indian peaks to scale.
As principal of Nehru Institute of Mountaineering (NIM), he is credited with helping Bachendri Pal become the first Indian woman to scale Mt Everest in 1984. In 1983, he personally trained the all-women expedition group, led by Pal, which went on to scale Everest.
Bachendri Pal said she owes her career to her ‘guru’ Colonel Chand. “He inspired me to take up mountaineering and shaped my professional life too.”
He was also known as the 'Snow Tiger'.
Om Shanti 🙏🇮🇳💐
Ace Mountaineer Colonel Prem Chand (retd), the first Indian to scale Kanchenjunga, the country’s highest peak, in 1977 through its toughest route, the North East Spur, has passed away after a brief illness. in Kullu, on Tuesday. He was 87.
He was also the only living person to have climbed both peaks of Nanda Devi, the main peak, and the east one, Sunanda Devi, regarded as one of the toughest Indian peaks to scale.
As principal of Nehru Institute of Mountaineering (NIM), he is credited with helping Bachendri Pal become the first Indian woman to scale Mt Everest in 1984. In 1983, he personally trained the all-women expedition group, led by Pal, which went on to scale Everest.
Bachendri Pal said she owes her career to her ‘guru’ Colonel Chand. “He inspired me to take up mountaineering and shaped my professional life too.”
He was also known as the 'Snow Tiger'.
Om Shanti 🙏🇮🇳💐
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