1+ week, 7+ hour ago   (318+ words) Whalesbook On July 21, 2026, the Reserve Bank of India (RBI) released the draft Foreign Exchange Management (Foreign Investment) Rules, 2026 These proposed rules are intended to replace the existing 2019 framework A central point of disagreement between the regulator and the investment industry…...

1+ week, 1+ day ago   (252+ words) Whalesbook Gaganyaan mission astronaut and Indian Air Force Air Commodore Prasanth Balakrishnan Nair has called for India to achieve 'AI sovereignty,' stating that national security now depends on domestic ownership and control of artificial intelligence Speaking at the Kerala Cyber…...

1+ week, 4+ day ago   (327+ words) Whalesbook Yotta Data Services, a data center and artificial intelligence infrastructure provider backed by the Hiranandani Group, is moving forward with plans to enter the public markets The company is aiming for a total fundraising target of $1 billion to $1.5 billion…...

1+ week, 6+ day ago   (260+ words) Whalesbook India is accelerating efforts to make its financial system safer as banks and lenders rush to adopt artificial intelligence On August 31, 2026, the Department of Financial Services urged financial institutions to use regulatory sandboxes—controlled testing environments—before rolling out…...

2+ week, 6+ day ago   (289+ words) Whalesbook The Securities and Exchange Board of India (SEBI) has formalized a tripartite agreement with Rashtriya Raksha University (RRU) and the National Institute of Securities Markets (NISM) to upgrade the safety and resilience of the Indian securities market This memorandum…...

3+ week, 2+ hour ago   (270+ words) Whalesbook The process of setting up Global Capability Centres (GCCs) in India is becoming significantly faster due to the rise of automated cost calculators Traditionally, international companies spent months working with large consulting firms to analyze the feasibility, costs, and…...

3+ week, 1+ day ago   (246+ words) Whalesbook The 14th BRICS Science, Technology, and Innovation (STI) Ministerial Meeting, held in Chennai, has concluded with the adoption of the 'Chennai Consensus.' Under India’s 2026 presidency, the agreement establishes a framework aimed at fostering deeper cooperation among Brazil, Russia, India,…...

3+ week, 3+ day ago   (293+ words) Whalesbook India is working on its first comprehensive national policy framework for Global Capability Centers (GCCs), a move aimed at consolidating the country’s position as a global leader in high-value corporate services This development follows tax reforms introduced in…...

3+ week, 4+ day ago   (294+ words) Whalesbook The Reserve Bank of India (RBI) has issued a clear directive to banks regarding their artificial intelligence strategy During the CNBC-TV18 Banking Transformation Summit on August 19, 2026, Deputy Governor Shirish Chandra Murmu emphasized that banks should use AI to expand…...

4+ week, 18+ hour ago   (392+ words) The Finance Ministry will launch 'Project Insight 2.0' on January 27, 2028, to speed up tax refunds using AI. LTIMindtree secured a ₹3,000 crore contract to build this system. For investors, this project represents a significant order for the IT company, though execution risks…...