Question
Which initiative is India’s first AI and EI-enabled
trend forecasting platform for the fashion industry, launched by the Union Minister of Textiles?Solution
VisioNxt marks a significant advancement in India’s fashion industry, launched by Union Minister Giriraj Singh. Developed by NIFT, this platform integrates Artificial Intelligence and Emotional Intelligence to predict fashion trends, making it a pioneering tool for designers and retailers aiming to align with market dynamics.
IRF and FRA are over the counter (OTC) instruments to cover interest rate risks
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