RBI to boost real-time, offsite monitoring of bank records

MUMBAI: RBI governor Sanjay Malhotra said that the regulator plans to increase offsite surveillance of banks in real-time. Historically, RBI has been conducting onsite supervision of the records of banks largely through annual financial inspections and targeted inspections under a risk-based supervision framework focusing on core areas like capital adequacy, asset quality, management, earnings liquidity…

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Bitcoin’s ‘your keys, your coins’ promise just got an expiry date from a new developer proposal

Bitcoin BTC$73,796.66 was built on a promise that no one can touch your coins without your private key. No government, no bank, nobody. That promise is now, for the first time in Bitcoin’s 16-year history, being challenged from the developer community itself, as a part of measures to build defenses against future quantum computers that…

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Union Budget 2026: PLI scheme should be extended to new tech sectors like AI, robotics; here’s what EY India recommends

EY India has recommended to extend the existing Production-Linked Incentive (PLI) scheme to new technology sectors such as AI, space, and robotics, while urging the FY27 Budget to focus on sustaining growth and ensuring tax certainty through a dedicated Customs dispute resolution mechanism. The firm said a forward-looking policy approach would be key to strengthening…

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