The Securities and exchange board of India has allowed alternative investment funds) to participate in credit default swaps (CDS) as protection for both buyers and sellers. Category I and Category II AIFs may buy CDS on underlying investment in debt securities, only for the purpose of hedging. Category III AIFs may buy CDS for hedging […]
The Indian government will test artificial intelligence (AI) in creating climate models to forecast severe weather conditions, stated Cointelegraph. With insights from Reuters, K.S. Hosalikar, head, climate research and services, India Meteorological Department (IMD), mentioned that he expects AI-based climate models and advisories to help improve forecasting. This is believed to be used for severe […]
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