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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.
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Its a low-risk, high-reward way for Best Buy to better compete with Amazon and other online outlets. And it more than doubles the retailers product offerings.
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The Regional Transportation Authority said transferring the funds would help delay catastrophic cuts on the CTA early next year while all three transit agencies hope lawmakers will come to their rescue with more state funding.
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