Shaktikanta Das emphasizes the importance of enhancing AI and ML techniques at the central bank while addressing ethical considerations and biases in algorithms. The focus on data analysis, data privacy, and global standards for statistics underscores the central bank’s commitment to leveraging technology for informed decision-making.
Short-term market weakness likely; defensive sectors poised to outperform: Rohit Srivastava
Rohit Srivastava suggests the recent market rally from early April might be ending, entering a corrective phase influenced by geopolitics and the upcoming FOMC meeting.