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SBI to launch centre for financing AI, fintech, e-commerce industries

by AIP Online Bureau | Mar 14, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology

The project will help diversify the work of the bank’s project finance and structuring unit, which appraises, structures and funds large projects in infrastructure. Lending to so-call new age industries and renewable energy sectors increasingly make up a larger...

WTW launches an AI-driven performance monitoring tool custom-built for insurers

by AIP Online Bureau | Mar 5, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology

Radar Vision provides unique insights for pricing, portfolio management, underwriting and claims, allowing rapid response to emerging trends. Singapore: WTW, a leading global advisory, broking and solutions company, has announced the launch of Radar Vision, an...
India leading in AI adoption, governance: FM Sitharaman

India leading in AI adoption, governance: FM Sitharaman

by AIP Online Bureau | Feb 22, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

Nirmala Sitharaman, Union Finance Minister The country recorded 3 billion AI-related app downloads in 2024, while the US and China had only 1.5 billion and 1.3 billion downloads, respectively Kottayam (Kerala): Union Finance Minister Nirmala Sitharaman on Saturday...
AI dangerous tool, be it in Chinese or American hands: Delhi HC on plea to ban DeepSeek

AI dangerous tool, be it in Chinese or American hands: Delhi HC on plea to ban DeepSeek

by AIP Online Bureau | Feb 12, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

The court’s observation came while it was hearing a petition seeking a direction to the Centre to block access to DeepSeek, an AI chatbot developed by Chinese entities, in all forms in India New Delhi: The Delhi High Court observed on Wednesday that artificial...
Finance ministry asks employees to avoid AI tools like ChatGPT, DeepSeek

Finance ministry asks employees to avoid AI tools like ChatGPT, DeepSeek

by AIP Online Bureau | Feb 5, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

“It has been determined that AI tools and AI apps (such as ChatGPT, DeepSeek etc.) in the office computers and devices pose risks for confidentiality of (government) data and documents,” said the advisory by the Indian finance ministry dated Jan. 29 NEW...
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