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CCI proposes AI self-audits for firms

Mint Chennai

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October 07, 2025

In a market study on ‘Artificial intelligence and competition’ released on Monday, the Competition Commission of India (CCI) said that it will set up a think-tank to consult on matters of digital markets and AI, promote coordination with other regulators for effective oversight, work with global competition watchdogs and enhance its technical capabilities and infrastructure.

- GIREESH CHANDRA PRASAD

CCI proposes AI self-audits for firms

The watchdog also said that the government's continued efforts and policy initiatives to facilitate AI infrastruct

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Mint Chennai

No risk from algo trades, says Sebi ED

India’s market regulator does not see risks in retail investors using algorithmic trading under the new ‘safer’ framework, said Manoj Kumar, executive director, the Securities and Exchange Board of India (Sebi).

time to read

1 min

October 08, 2025

Mint Chennai

Mint Chennai

GIFT City joins global financial hubs

Union finance minister Nirmala Sitharaman launched the foreign currency settlement system on Tuesday at Gujarat International Finance Tec-City (GIFT City), marking a major step towards enhancing India’s standing as a global financial hub.

time to read

2 mins

October 08, 2025

Mint Chennai

Fintech lending growth slows after clampdown

But delinquency and deep-stage stress are still elevated, shows report

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2 mins

October 08, 2025

Mint Chennai

Sebi to review rule barring mkt players

The Securities and Exchange Board of India (Sebi) has informed the Bombay High Court that it will soon review a controversial provision in its ‘fit and proper person’ criteria that disqualifies key personnel at market intermediary firms merely for having a chargesheet filed against them.

time to read

2 mins

October 08, 2025

Mint Chennai

‘RBI focusing on new use cases for e-rupee’

The Reserve Bank of India (RBI) is in no rush to open up the pilots for the central bank digital currency (CBDC) to the masses and is, instead, focusing on adding more use cases to the e-rupee with a focus on cross-border transactions, T. Rabi Sankar, deputy governor of the central bank, said on Tuesday.

time to read

1 mins

October 08, 2025

Mint Chennai

Growth hopes amp up GE Vernova

Shares of GE Vernova T&D India are on a high-voltage run, outpacing rivals and touching four new peaks over the past three weeks on optimism over stronger order inflows in the domestic business and gains in the overseas markets. On Monday, the stock hit a 52-week high at ₹3,204.90, though it fell 3.4% on Tuesday from there.

time to read

2 mins

October 08, 2025

Mint Chennai

Nykaa fashion arm sashays again—spotlight on the stride

The fashion business of FSN E-Commerce Ventures Ltd (Nykaa) is showing signs of revival after several quarters of modest performance.

time to read

1 mins

October 08, 2025

Mint Chennai

Mint Chennai

Govt plans GST process reforms to ease refunds, input tax credits

invoicing, past filings not being updated, and other reasons—besides the use of fake invoices and fraudulent claims made somewhere in the chain of goods production or rendering services.

time to read

1 mins

October 08, 2025

Mint Chennai

Runaway gold lures buyers, record Diwali sales likely

Gold lovers who have waited long enough for prices to fall have given up, flocking back to jewellers over the past few days as the metal's relentless rise makes them jittery.

time to read

1 min

October 08, 2025

Mint Chennai

Pharma exporters to furnish data on dues

The Pharmaceuticals Export Promotion Council of India (Pharmexcil), a trade promotion agency set up by the commerce ministry, has sought information from Indian pharma exporters on payment defaults by foreign buyers.

time to read

1 min

October 08, 2025

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