'AI is no longer a futuristic concept but an economic multiplier'

The government’s focus on AI-driven innovation — through initiatives like the DeepTech Fund of Funds and 10,000 fellowships for research at IITs and IISc — will propel......

Bank of Baroda to UCO Bank: Loan growth of banks picks up pace in Q3

Bank of Baroda, a state-owned bank, in its quarterly update on Friday said its domestic deposits grew 9.23 per cent year-on-year (Y-o-Y) in October-December (Q3FY25) at Rs 11.65 trillion, while......

Will weaker rupee push India's import bill?

The weaker rupee will push the country's import bill due to higher payments for crude oil, coal, vegetable oil, gold, diamonds, electronics, machinery, plastics, and chemicals, economic think tank......

Private sector banks' credit costs up in Q3FY25 on higher provisions

Private sector banks that announced their earnings for the October-December quarter (Q3) of 2024-25 (FY25) reported a rise in credit costs due to higher provisions, mainly for unsecured retail......