2 gram sabhas organised over bauxite mining

Koraput district administration held two gram sabhas in Banur and Balda villages to discuss the proposed bauxite mining at the Balda bauxite mine. Villagers actively participated, expressing concerns and endorsing the development plan for forest land diversion. The meetings focused on infrastructure improvement and socio-economic growth.

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AI errors: RBI panel calls for ‘tolerant supervision’

An RBI panel suggests regulators should be lenient towards initial AI system errors in finance, provided adequate safety measures are in place, to foster innovation. The report emphasizes a framework built on trust, accountability, and transparency. Recommendations include building better data infrastructure and developing indigenous models, with flexible rules and proportionate liability for banks.

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