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RBI Withdraws Over ₹6 Trillion as Banking Liquidity Hits Record High
The Reserve Bank of India (RBI) absorbed more than ₹6 trillion ($63.53 billion) from the banking system through cash withdrawal operations on Monday, September...
Major Banks Unite to Develop Dollar Stablecoin for 2027 Launch
A coalition of 21 financial institutions, including Goldman Sachs, Bank of America, Citi and Deutsche Bank, is preparing to create a new company that...
China Deploys Traffic Robots to Handle Routine Police Duties
China is testing humanoid robots for traffic-control work, assigning machines to some of the repetitive tasks normally carried out by police officers. The trial...
Pentagon Push for Faster AI Development Drives Smack Technologies’ $61 Million Funding Round
Smack Technologies, a defense technology startup developing artificial intelligence systems for military decision-making, is raising $61 million in a Series B funding round as...
General Atlantic’s IPO Plans Revived With JPMorgan as Lead Bank
Investment firm General Atlantic is moving ahead with plans for an initial public offering after putting its listing ambitions on hold for nearly three...