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'Algorithmic decisions pose systemic risks'
Business Standard
|October 16, 2025
RBI deputy guv says ULI will be a “turning point” in providing credit
Unmanaged risks from algorithmic decision-making, heavy reliance on data, and linked technologies can quickly spread from individual institutions to the financial system, said Swaminathan J, deputy governor at the Reserve Bank of India (RBI), on Wednesday.
“The rapid rise of fintechs, digital platforms, and embedded finance models has expanded the boundaries of the financial system and created new types of risks,” Swaminathan said in Mumbai, citing the concentration of services in a few platforms as another source of worry.
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Business Standard
Ten years of climate inaction
The Paris Climate Agreement of 2015 legitimised the evisceration of the UN climate framework — and history may repeat itself at COP 30 in Belem
4 mins
October 16, 2025
Business Standard
'This is the start of Hyundai India's next phase of growth'
Tarun Garg was named on Wednesday the next managing director and chief executive officer (MD & CEO) of Hyundai Motor India Limited (HMIL).
3 mins
October 16, 2025
Business Standard
FY27 growth worries may cap upsides in TechM
Despite a strong Q2, some brokerages cut revenue and earnings estimates for IT firm
2 mins
October 16, 2025
Business Standard
Members see scope for more rate cuts
Await full impact of past steps so that future actions can have maximum benefit
3 mins
October 16, 2025
Business Standard
Mapping the future
GatiShakti Public will improve efficiency
2 mins
October 16, 2025
Business Standard
RBI not targeting any specific ₹ level: Malhotra
The Reserve Bank of India (RBI) does not target any price level on the rupee, Governor Sanjay Malhotra reiterated at an International Monetary Fund and World Bank event on Wednesday.
3 mins
October 16, 2025
Business Standard
Cook vows to boost investment in China
Apple’s Tim Cook pledged to boost the tech giant’s investment in China on Wednesday as it navigates the trade war between Beijing and Washington.
1 min
October 16, 2025
Business Standard
US pushes for joint response to China’s rare-earth curbs
Bessent says he doesn’t believe that Beijing wants to be an ‘agent of chaos’
2 mins
October 16, 2025
Business Standard
India keen to increase energy buys from US
India is looking for a \"win-win solution\" for both sides in its trade talks with the US that would also address the \"tariff issue\", with New Delhi keen to make additional energy purchases of up to $15 billion from Washington, Commerce Secretary Rajesh Agrawal said on Wednesday.
1 mins
October 16, 2025
Business Standard
Trade deficit at 13-mth high; US exports fall 12%
Gold imports up 107%; outbound shipments maintain momentum
2 mins
October 16, 2025
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