Stay updated with breaking news from Joevin Teo. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
With quality of its economic numbers being a pressing issue for India, statistics ministry is ramping up use of AI for collecting & analysing data to better monitor the economy.
Vrishti Beniwal, Bloomberg News A truck sits parked next to shipping containers at the Jawaharlal Nehru Port, operated by Jawaharlal Nehru Port Trust (JNPT), in Navi Mumbai, Maharashtra, India, on Saturday, Dec. 16, 2017. Many of the cargo containers passing through India's busiest port in Mumbai have a small piece of Japan Inc. attached: Devices from NEC Corp. that can be tracked as the containers rumble through the interior of Asia's third-largest economy. Photographer: Dhiraj Singh/Bloomberg , Bloomberg (Bloomberg) -- India is turning fro...
ET Economy NEWS Powered by Push for artificial intelligence: India is turning from man to machines to get its economic data right SECTIONS Push for artificial intelligence: India is turning from man to machines to get its economic data rightBy Vrishti Beniwal, Bloomberg Last Updated: Jan 28, 2021, 08:25 AM IST Share Synopsis The Ministry of Statistics is ramping up use of artificial intelligence for collecting, analyzing and reporting data to better monitor the economy. The measures include a $60 million program with World Bank help using an information po...
Foreign investors have never sold so much in a single year. Even when viewed in isolation, the $14 billion outflow from India's bond market in 2020 is remarkable: Foreign investors have never sold so much in a single year. That they did so at a time when Chinese bonds are attracting record foreign inflows underscores just how frustrated some money managers have become with the pace of capital-market reforms by Prime Minister Narendra Modi's government. While China's steady progress on bond-market liberalization has earned it a spot in benchmark indexes and helped lure $119 billion of inflows ...
Your Email: Send me a copy: https://mybs.in/2YSdQig Even when viewed in isolation, the $14 billion outflow from India’s bond market in 2020 is remarkable: Foreign investors have never sold so much in a single year. That they did so at a time when Chinese bonds are attracting record foreign inflows underscores just how frustrated some money managers have become with the pace of capital-market reforms by Narendra Modi’s government. While China’s steady progress on bond-market liberalization has earned it a spot in benchmark indexes and helped lure $119 billion of inflows this year, Ind...