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Business Standard

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August 21, 2025

Framework needed for responsible AI adoption in finance

The Reserve Bank of India's (RBI's) Framework for Responsible and Ethical Enablement of Artificial Intelligence (FREE-AI) committee released its final report last week, proposing guidelines for the responsible use of artificial intelligence (AI) in the financial sector. The framework is anchored around seven guiding "sutras" or principles — trust, people first, innovation, fairness, accountability, explainability, and resilience — and is backed by 26 actionable recommendations across six pillars — infrastructure, policy, capacity, governance, protection, and assurance.

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यह कहानी Business Standard के August 21, 2025 संस्करण से ली गई है।

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Business Standard

Insurer made to pay claim for sabotage

Kesar Enterprises, a limited company engaged in the manufacture and sale of sugar and allied products, had obtained a standard fire and special perils policy from National Insurance Company.

time to read

2 mins

February 23, 2026

Business Standard

Smallcaps: A silver lining

Indian equity markets present a striking paradox.

time to read

3 mins

February 23, 2026

Business Standard

Business Standard

Škoda rides Kylaq wave; to sharpen focus on EV, CNG

Škoda Auto India is sharpening its focus on cleaner fuel technologies, such as compressed natural gas (CNG) and electric vehicles (EV), even as the compact SUV Kylaq emerges as the brand's primary growth engine in one of India's most competitive segments.

time to read

2 mins

February 23, 2026

Business Standard

PSBs outperform private peers, yet again

Combined net profit of listed universal banks crossed ₹1 trillion for the first time in a quarter, with three banks contributing at least 50%

time to read

5 mins

February 23, 2026

Business Standard

India, US postpone trade deal talks after Trump tariff verdict

Move comes as Washington trying to figure out legalities

time to read

2 mins

February 23, 2026

Business Standard

Oil PSUs spent 81% of FY26 capex target until Jan

India’s oil public-sector undertakings (PSUs) have utilised 81 percent of their targeted capital expenditure for the current financial year by January end, according to fresh data sources from the oil ministry, as firms work aggressively to boost domestic production and refining capacities.

time to read

1 mins

February 23, 2026

Business Standard

'Need to have one common standard on AI regulation'

Mastercard’s Chief Privacy officer Caroline Louveaux, in a conversation with Avik Das on the sidelines of the AI Impact Summit in New Delhi, calls for laws that are principle-based, future-proof, and tech-neutral to help enterprises adopt artificial intelligence (AI) at scale. Edited excerpts:

time to read

2 mins

February 23, 2026

Business Standard

High-frequency indicators point to moderation in Q3 GDP growth

Following higher than expected gross domestic product (GDP) growth of 8.2 per cent in the second quarter (July-September) of FY26, the Indian economy is expected to see some moderation in the third quarter (October-December) due to an unfavourable base effect and a slowdown in several key growth indicators.

time to read

2 mins

February 23, 2026

Business Standard

Economists explain our messy lives

Everyone sounds smarter when they argue in the language of economics.

time to read

2 mins

February 23, 2026

Business Standard

RRTS corridor comes live — with fastest metro

Country’s first RRTS corridor will cut travel time between Delhi and Meerut to under an hour

time to read

2 mins

February 23, 2026

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