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The Reserve Bank of India (RBI) has increased the agency commission for banks conducting government business such as revenue receipts and payments, pension payments, among others. This is possibly aimed at encouraging the agency banks to bring in more efficiency in putting through government-related transactions. The revised agency commission rate for banks putting through revenue…
N Chandrasekaran, Chairman, Tata Sons | Photo Credit: PAUL NORONHA US aircraft major Boeing’s Head of Commercial Airplanes Stephanie Pope met Tata Sons Chairman N Chandrasekaran during a visit to the Air India headquarters in Gurugram on Monday, a source said. While specific details of the meeting were not known, the discussions were centred around…
Mphasis has announced a strategic partnership with Sixfold, the US and UK-based AI underwriting company redefining how insurers assess risk. As an implementation partner, Mphasis will integrate Sixfold’s AI platform to help insurers accelerate their underwriting process — speeding up submission intake and equipping underwriters with the contextual risk insights they need to make faster,…
stack of silver coins with trading chart in financial concepts and financial investment business stock growth | Photo Credit: Sakorn Sukkasemsakorn tock Market today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 17th June 2025 06:41 | June…
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Tail of an Air India Boeing 787 Dreamliner plane that crashed is seen stuck on a building after the incident in Ahmedabad, India, June 12, 2025. | Photo Credit: AMIT DAVE Almost 100 hours after the Air India aircraft crashed in Ahmedabad, a total of 114 bodies of the victims have been identified, of which…
IIT Madras Pravartak Technologies Foundation is partnering with TCS iON to launch a new online certification program in the fast-evolving field of Machine Learning Operations (MLOps). Titled ‘MLOps – Scalable ML Operations – Associate’, this programme will help in bridging the skill gap and aims to prepare professionals for future-ready careers in Artificial Intelligence (AL)…
Ashutosh Khajuria | Photo Credit: SHASHI ASHIWAL Dhanlaxmi Bank shareholders have approved the appointment of Ashutosh Khajuria as Independent Director of the bank for five years with effect from March 22, 2025. The bank, in a regulatory, filing said Khajuria has over 44 years of experience in various executive roles in the banking sector and…
With the latest bulk TD cut, the highest interest rate the Bank is offering is 6.25 per cent (6.50 per cent earlier) on TD of one year to less than two years tenor. | Photo Credit: ABEER KHAN State Bank of India (SBI) has cut the interest rate on savings bank (SB) deposits across all…
