The Reserve Bank of India is transitioning towards principles- and outcome-based regulations to offer operational flexibility to regulated entities. While this approach fosters innovation, the RBI acknowledges the importance of rule-based frameworks, particularly for consumer protection. The central bank is also exploring behavioural economics to enhance consumer outcomes and improve regulatory efficiency.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays