The Supreme Court stressed the need to strengthen tribunals highlighting issues in staff appointments, service conditions, and judicial tenure while reviewing the Tribunal Reforms Act, 2021.
The International Monetary Fund (IMF) has raised concerns about potential financial instability in India due to the concentrated exposure of Non-Banking Financial Companies (NBFCs) to the power and infrastructure sector.
Union Minister Ashwini Vaishnaw announced India will launch an indigenous AI model and establish an AI Safety Institute (AISI) under the IndiaAI Mission to ensure safe and trusted AI development.