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Bank Manager Arrested For Data Theft, Defrauding Company Of Rs 12.51 Crore
Four people, including the manager of a private bank, were arrested for allegedly siphoning off Rs 12.51 crore by stealing sensitive data from a company, police said on Saturday.
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Banking Frauds Rise In H1FY25, Amount Involved Jumps 8-Time: RBI Report
The number of bank frauds witnessed a significant on-year increase in the first half of the current fiscal to 18,461 cases and the amount involved jumped more than eight-fold to Rs 21,367 crore, according to RBI data released on Thursday.
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Remittances To India As Much As Pakistan, Bangladesh Budgets Combined: 5 Facts
India has, for years, been the country receiving highest remittances globally, and this year was no different. India retained the number one spot of being the country which saw the maximum amount of monetary inflow - $129 billion - from its diaspora.
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How AI And Cloud Computing May Delay The Transition To Clean Energy
Investment bank Morgan Stanley projects the global data-centre industry will produce around 2.5 billion metric tons of carbon dioxide equivalent through the end of the decade, the equivalent of Russia's annual emissions.
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NASA Data Empowers Global Response to Rising Sea Levels, Here's What You Need to Know
NASA’s sea level data platform now provides coastal regions with projections through 2150, aiming to guide resilient infrastructure planning. Collaborating with global partners like the World Bank and United Nations, NASA offers data that helps governments and organisations address the impacts of climate change on communities worldwide. Coastal c...
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Retail Inflation Rises To 6.21% In October, Compared To 5.49% In September
Retail inflation rose to 6.21 per cent in October from 5.49 per cent in the preceding month mainly due to higher food prices, breaching the Reserve Bank of India's (RBI's) upper tolerance level, according to government data released today.
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Retail Inflation At 3.65 Per Cent In August: Government Data
Inflation in the food basket was 5.66 per cent in August, marginally up from 5.42 per cent in July.
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India's Forex Reserve Touches Record High Of $681 Billion
India's foreign exchange reserves increased by USD 7.023 billion, reaching a fresh record high of USD 681.688 billion, during the week that ended on August 23, according to data released by the Reserve Bank of India.
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AI Can Boost Digital Public Infra But Poses Challenges: RBI Chief
While the integration of AI into financial services brings significant opportunities for customers, banks and regulators, the cutting-edge technology also poses its own set of challenges such as data privacy concerns.
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Retail Inflation Eases To 3.54% In July, At Nearly 5-Year Low
Retail inflation declined to 3.54 per cent in July, slipping below the Reserve Bank's targeted 4 per cent for the first time in nearly 5 years, as food prices cooled, government data showed on Monday.
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Number Of New Jobs More Than Doubles To 46.6 Million In 2023-24: RBI Data
As many as 46.6 million new jobs were created in the Indian economy during 2023-24, according to the latest data released by the Reserve Bank of India.
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Explained: What Is Snowblind Malware That Can Steal Bank Data From Android
The rise of mobile banking has brought convenience to our fingertips, but it also comes with a growing security concern. A new malware called Snowblind' is targeting Android users and stealing banking credentials.
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RBI Is Using AI For Real-Time Data Analysis, Says Governor Shaktikanta Das
The Reserve Bank has ventured into Artificial Intelligence (AI) and Machine Learning (ML) analytics in multiple areas in order to develop cutting-edge systems for high frequency and real-time data monitoring and analysis, RBI Governor said today.
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RBI Sold Net $3.6 Billion In Spot Forex Market In April
The Reserve Bank of India (RBI) sold $3.65 billion on a net basis in the spot foreign exchange market in April, data released on Wednesday as part of the central bank's monthly bulletin showed.
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Foreign Banks Bought Nearly $1 Billion Of Indian Bonds On Thursday: Report
Foreign banks bought Indian government bonds worth 80.38 billion rupees ($962.2 million) on Thursday, the biggest single-session purchase since Feb. 1, data from Clearing Corp of India showed.
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Bank Manager Arrested For Data Theft, Defrauding Company Of Rs 12.51 Crore
Four people, including the manager of a private bank, were arrested for allegedly siphoning off Rs 12.51 crore by stealing sensitive data from a company, police said on Saturday.
-
Banking Frauds Rise In H1FY25, Amount Involved Jumps 8-Time: RBI Report
The number of bank frauds witnessed a significant on-year increase in the first half of the current fiscal to 18,461 cases and the amount involved jumped more than eight-fold to Rs 21,367 crore, according to RBI data released on Thursday.
-
Remittances To India As Much As Pakistan, Bangladesh Budgets Combined: 5 Facts
India has, for years, been the country receiving highest remittances globally, and this year was no different. India retained the number one spot of being the country which saw the maximum amount of monetary inflow - $129 billion - from its diaspora.
-
How AI And Cloud Computing May Delay The Transition To Clean Energy
Investment bank Morgan Stanley projects the global data-centre industry will produce around 2.5 billion metric tons of carbon dioxide equivalent through the end of the decade, the equivalent of Russia's annual emissions.
-
NASA Data Empowers Global Response to Rising Sea Levels, Here's What You Need to Know
NASA’s sea level data platform now provides coastal regions with projections through 2150, aiming to guide resilient infrastructure planning. Collaborating with global partners like the World Bank and United Nations, NASA offers data that helps governments and organisations address the impacts of climate change on communities worldwide. Coastal c...
-
Retail Inflation Rises To 6.21% In October, Compared To 5.49% In September
Retail inflation rose to 6.21 per cent in October from 5.49 per cent in the preceding month mainly due to higher food prices, breaching the Reserve Bank of India's (RBI's) upper tolerance level, according to government data released today.
-
Retail Inflation At 3.65 Per Cent In August: Government Data
Inflation in the food basket was 5.66 per cent in August, marginally up from 5.42 per cent in July.
-
India's Forex Reserve Touches Record High Of $681 Billion
India's foreign exchange reserves increased by USD 7.023 billion, reaching a fresh record high of USD 681.688 billion, during the week that ended on August 23, according to data released by the Reserve Bank of India.
-
AI Can Boost Digital Public Infra But Poses Challenges: RBI Chief
While the integration of AI into financial services brings significant opportunities for customers, banks and regulators, the cutting-edge technology also poses its own set of challenges such as data privacy concerns.
-
Retail Inflation Eases To 3.54% In July, At Nearly 5-Year Low
Retail inflation declined to 3.54 per cent in July, slipping below the Reserve Bank's targeted 4 per cent for the first time in nearly 5 years, as food prices cooled, government data showed on Monday.
-
Number Of New Jobs More Than Doubles To 46.6 Million In 2023-24: RBI Data
As many as 46.6 million new jobs were created in the Indian economy during 2023-24, according to the latest data released by the Reserve Bank of India.
-
Explained: What Is Snowblind Malware That Can Steal Bank Data From Android
The rise of mobile banking has brought convenience to our fingertips, but it also comes with a growing security concern. A new malware called Snowblind' is targeting Android users and stealing banking credentials.
-
RBI Is Using AI For Real-Time Data Analysis, Says Governor Shaktikanta Das
The Reserve Bank has ventured into Artificial Intelligence (AI) and Machine Learning (ML) analytics in multiple areas in order to develop cutting-edge systems for high frequency and real-time data monitoring and analysis, RBI Governor said today.
-
RBI Sold Net $3.6 Billion In Spot Forex Market In April
The Reserve Bank of India (RBI) sold $3.65 billion on a net basis in the spot foreign exchange market in April, data released on Wednesday as part of the central bank's monthly bulletin showed.
-
Foreign Banks Bought Nearly $1 Billion Of Indian Bonds On Thursday: Report
Foreign banks bought Indian government bonds worth 80.38 billion rupees ($962.2 million) on Thursday, the biggest single-session purchase since Feb. 1, data from Clearing Corp of India showed.
