India’s fiscal deficit registers steep fall in first 2 months of 2024-25

IANS | June 28, 2024 10:15 PM

New Delhi, June 28 (IANS) The Centre’s fiscal deficit narrowed to 3 per cent of the full-year estimate in the first two months of the current financial year (2024-25) compared to 11.8 per cent during the same period of the previous fiscal on the back of strong revenue growth and higher dividend from the RBI, official data released on Friday showed.

RBI is using AI for real-time data analysis: Shaktikanta Das

IANS | June 28, 2024 4:07 PM

Mumbai, June 28 (IANS) The Reserve Bank has ventured into Artificial Intelligence (AI) and Machine Learning (ML) analytics in multiple areas in order to develop cutting-edge systems for high frequency and real-time data monitoring and analysis, RBI Governor Shaktikanta Das said on Friday.