As the Israel-Hamas war continues to rage in the Gaza Strip, President Joe Biden has yet again indicated progress in the deal between Israel and Hamas for the release of around 240 hostages taken captive during Hamas' October  7 attack.

The talks of the deal, mediated by Qatar, have been ongoing since Hamas's attack that marked the deadliest day in Israel's history and led to Israel's military incursion into Gaza.

The proposed deal involves the exchange of 50 hostages for a three-day ceasefire, allowing for increased emergency aid to reach Gaza's civilians.

Open AI’s sacked CEO Sam Altman and former president and co-founder Greg Brockman will join Microsoft, Satya Nadella announced on Monday. The duo will lead a new team for advanced Artificial Intelligence research at the Microsoft, Nadella added.

“We remain committed to our partnership with OpenAI and have confidence in our product roadmap, our ability to continue to innovate with everything we announced at Microsoft Ignite, and in continuing to support our customers and partners”.

A plea has been filed in the Supreme Court for initiation of contempt proceedings against the Securities and Exchange Board of India (Sebi), alleging it has violated the timeline for completing the investigation and submitting its report on the alle...

An application has been filed by PIL petitioner Vishal Tiwari saying that despite the deadline given to the Sebi it has failed to comply with the direction of the court and has not submitted the final conclusion/report as was directed by the court. ...

The Reserve Bank on Friday approved the resolution plan for debt-ridden Reliance Capital.

The move paves the way for IndusInd International Holdings Ltd (IIHL), the Hinduja Group firm, to acquire the company.

This is to inform you that the Administrator of Reliance Capital Limited is in receipt of "No objection" vide letter dated November 17, 2023, from the Reserve Bank of India, the company said in a regulatory filing.

After cautioning lenders over the surge in unsecured personal loans for several weeks, the Reserve Bank of India on Wednesday moved in to make it costlier for banks and non-banks to lend to this segment by requiring them to set aside more capital.

On Thursday, the RBI increased the risk weight on consumer credit by a fourth, from 100% to 125%. This means that while earlier banks needed to maintain capital of Rs 9 for every Rs 100 they loaned, they will now have to keep Rs 11.25.