The Reserve Bank of India has formed an eight-member committee to explore quantum technology’s role in finance. Headed by an IIT Madras professor, the panel will assess opportunities, risks, and challenges. It will also review the financial sector’s readiness for quantum-related threats. The committee aims to recommend a roadmap for safe adoption of quantum applications in finance within six months.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend