Following weak US jobs data, the likelihood of an RBI repo rate cut has grown, fueled by anticipation of a potential Fed rate cut in September. Despite some traders leaning towards a rate cut, the RBI’s Monetary Policy Committee is expected to maintain a pause with a neutral stance.
BlackRock expands AI push with new robotics ETF as investor enthusiasm cools
BlackRock has launched a new robotics focused ETF as investors become more selective about AI investments. The fund targets companies using intelligent machines across industries