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The growing use of artificial intelligence and machine learning in financial services globally can lead to financial stability risks and warrants adequate risk mitigation practices by banks, the Governor of the Reserve Bank of India said on Monday. “The heavy reliance on AI can lead to concentration risks, especially when a small number of technology providers dominate the market,” Shaktikanta Das said at an event in New Delhi. This could amplify systemic risks as failures or disruptions in these systems may cascade across the financial sector, Das added. India’s financial service providers are using AI to enhance customer experience, reduce costs, manage risks and drive growth through chatbots and personalised banking. The growing use of AI introduces new vulnerabilities like increased susceptibility to cyber-attacks and data breaches, Das said. AI’s “opacity” makes it difficult to audit and interpret algorithms which drive lender’s decisions and… Read More »AI’s Rise Could Threaten Financial Stability, Warns RBI Governor

<p>Known as the Shahenshah of Bollywood, Amitabh Bachchan is a prominent figure in Indian cinema, with an estimated net worth of around $400 million, roughly ₹3,600 crore. His journey began with a meager income of just ₹400 while living with seven others in a small room. Today, he is among Bollywood’s highest-paid actors, charging approximately ₹6 crore per film. In addition to acting, he endorses major brands like Cadbury, Emami, and Kalyan Jewellers, earning ₹5 crore for each endorsement. He also hosts the popular TV show “Kaun Banega Crorepati,” for which he charges ₹5 crore per episode. Bachchan owns a luxurious home named Jalsa in Mumbai, valued at around ₹112 crore, and boasts an impressive… Read More »Amitabh Bachchan: The Legendary Icon Who Crafted A Staggering ₹3,600 Crore Empire Over The Decades | Paisa Live

Samantha Ruth Prabhu was all praise about Alia Bhatt’s new venture Jigra. Samnatha shared a film poster and wrote in details about her take on the film on her Instagram stories. Samantha called Alia  “tigress” and she wrote, “Alia, you tigress! A performance so fiesty and throbbing with life that I couldn’t take my eyes off you! The brave choices you make… the standards you set for yourself. Keep inspiring!” For the director Vasan Bala, Samantha wrote, “You’ve made a film so unique and you’ve really pushed the envelope with how to present a female lead! Thank you! Still tripping on the vibe of your film.” Take a look at the entire post here: Ahead… Read More »Samantha Ruth Prabhu’s Loud Shout Out To “Tigress” Alia Bhatt’s Jigra: “The Brave Choices You Make”

Do you call yourself a TV aficionado if you have not watched Kyunki Saas Bhi Kabhi Bahu Thi? The show, which aired from 2000 to 2008, was a staple in many Indian households. Now, on the occasion of Dussehra, the daily soap’s lead actress Smriti Irani, who played the role of Tulsi Virani, reunited with her co-star Jaya Bhattacharya, who portrayed Payal Mehra in the series. The former actress, now an esteemed politician, shared a selfie on Instagram. In the frame, the duo can be seen flashing smiles for the camera. “On Dussehra the Good, the Bad .. and the epic drama,” wrote Smriti Irani in her caption. Reacting to the post, Kyunki Saas Bhi… Read More »Smriti Irani and Jaya Bhattacharya’s Kyunki Saas Bhi Kabhi Bahu Thi Reunion Takes Fans On A Nostalgia Trip

<p>Nationalist Congress Party (NCP) leader Baba Siddique was shot dead by three assailants on Saturday night in Maharashtra. His funeral was conducted with state honours on Sunday, 14 October. Meanwhile, the Mumbai Police are actively investigating the murder case, with new revelations emerging from the interrogation of the arrested suspects.</p> <p>According to information obtained by the Crime Branch, the arrested accused revealed that Baba Siddique’s son, Vandre East MLA Zeeshan Siddique, was also a target in the attack. The accused disclosed that they had been contracted to eliminate both Baba Siddique and Zeeshan Siddique, as the latter was also on the radar of the Lawrence Bishnoi gang.</p> <p>The alleged assailants told the police that they… Read More »Baba Siddique News: Ex-Minister’s Son Zeeshan Was Also Target Of Murder Plot, Accused Tell Mumbai Police