The European Central Bank warns financial institutions to shore up defenses against rapid generative AI model hazards.
Category: Business
ECB Issues Stern Warning to Finance Ministers Against Expanding Euro Stablecoin Issuance
The central bank cautions that unregulated stablecoins could destabilize interest rate mechanisms and bank lending.
India 63 IPOs Listed in 2026 So Far as Public Market Activity Remains Strong
India recorded 63 IPOs in the first five months of 2026 reflecting continued strong public market activity and investor appetite for new listings despite global macroeconomic uncertainties.
MIC Electronics Partners with Honeywell Automation India in Strategic Technology Tie-Up
MIC Electronics Limited entered into a partnership with Honeywell Automation India to explore collaboration in technology automation and industrial solutions signed in May 2026.
Navi UPI Becomes Official Payments Partner of Royal Challengers Bengaluru
Navi UPI was announced as the official payments partner of IPL franchise Royal Challengers Bengaluru in a brand-sport partnership as the team prepares for the IPL 2026 final.
India Has Produced 127 Unicorns as of May 2026 With 34145 Funded Companies
India has produced 127 unicorns and has 34145 funded companies as of May 2026 with total venture capital and private equity raised at USD 625 billion across all funding rounds.
Great Learning Sees Senior Leaders Aged 12-Plus Enrol for AI Tools Training
Great Learning reported professionals with over 12 years of experience made up 64 percent of AI tool enrolments as senior leaders from BFSI healthcare and manufacturing adopt AI.
Yoho Indian Footwear Brand Raises Rs 23 Crore to Expand Offline Retail
Indian footwear brand Yoho raised Rs 23 crore to expand its offline retail presence and grow its performance running range as the D2C footwear market heats up in India.
AI-Powered Data Centre Investments Drive India’s Emergence as Key Asia Pacific Hub
India’s emergence as the second-largest data centre market in Asia Pacific is being driven by cloud computing artificial intelligence infrastructure and significant foreign investment inflows.
India and US Positioning to Build the Defining Strategic Partnership of the 21st Century
A US official speaking at IIT Delhi described India as one of America’s most trusted partners and said the two countries are positioning themselves to build a defining 21st century partnership.