Finance10h ago
Sitharaman calls AI a ‘double-edged sword’, urges soft-touch regulation and faster digital rupee push
Finance Minister Nirmala Sitharaman highlighted artificial intelligence as a double-edged sword for financial systems. She advocated for a soft-touch regulatory framework for emerging technologies and innovation. The minister urged the Reserve Bank of India to accelerate its digital rupee pilots and capabilities. Sitharaman also dismissed pessimism regarding India's demographic dividend, emphasizing youth-led growth.
This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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