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$ 20 billion dry powder chasing Indian AI Startups, says Rajan Anandan
``We are beginning to see a very different weave of AI-Application...
Assam flood situation deteriorates, 16.50 lakh people affected in 29 districts
Chief Minister Himanta Biswa Sarma chaired a meeting on the flood...
International rating agencies give thumbs up to proposal of raising FDI limit to 74 % in insurance sector
Prospectively, given the historical trends and the opportunity to hold greater ownership in the insurance companies, AM Best is of the opinion that the Indian insurance industry is likely to attract significant overseas capital inflow.
The possibility of higher foreign ownership would improve insurers’ financial flexibility by offering additional opportunities to bolster solvency. In addition, insurers would benefit from the sharing of risk management best practices, possibly leading to a lowering of exposure to high-risk assets and adoption of risk-based capital management, explained Mohammed Ali Riyazuddin Londe, vice President – senior analyst, Financial Institutions, Moody’s Investors Service.
Jharkhand health worker dies after receiving COVID vaccine
Govt to develop 8 new cities to meet urbanisation demand: Official
He said that in the country, no new cities have come up for many years, adding that the the Finance Commission has granted Rs 8,000 crore to incubate new cities.
According to the ministry, Rs 1,000 crore will be available for each city.
Govts, people incur financial losses in any agitation: MHA
“Delhi Police has informed that Ghazipur, Chilla, Tikri and Singhu borders of the national capital are blocked by the agitating farmers and it is inconvenient for the residents of Delhi and neighbouring States. In any agitation, there is a financial loss incurred by people and governments,” MHA replied in Rajya Sabha today.
Data of 25 lakh Airtel customers in J-K allegedly leaked; telco claims no breach in server
A sample of the leaked database was shared on Twitter by cybersecurity researcher Rajshekhar Rajaharia which shows masked details of the subscribers. Rajaharia also shared a video of an email conversation between Bharti Airtel and the hackers with the name of ‘Red Rabbit Team’.
Over 300 million Indians may have COVID-19 – source citing government study
Separate tests done on more than 700,000 people across India by diagnostics company Thyrocare Technologies showed 55% of the population may have already been infected, its chief told Reuters last week.
The World Health Organization says at least 60% to 70% of a population needs to have immunity to break the chain of transmission.
India bans Future CEO from securities market in insider trading case
The Securities and Exchange Board of India (SEBI) said the two brothers traded in shares of Future Retail through a group company on the basis of unpublished price sensitive information before a demerger of certain businesses of Future Retail that pushed its share price higher.
India tells Twitter to comply with order to block accounts – sources
Twitter blocked dozens of accounts in India on Monday after the country’s Home Affairs Ministry complained that users were posting content aimed at inciting violence, a government had previously told Reuters.
But it later unblocked some of these accounts, prompting New Delhi to write to the U.S. social media giant demanding that it obey the government order, the technology ministry sources, who declined to be named as the notice to Twitter was not public, told Reuters.
LIC IPO may hit market in Q4 of next fiscal: DEA Secretary Tarun Bajaj
New Delhi: The initial public offering of LIC may hit the market in the fourth quarter of next financial year, and the government has introduced amendments to the Life Insurance Corporation Act 1956 to facilitate this, Economic Affairs Secretary Tarun Bajaj...
93,000 cybercrimes related to sexual exploitation, hate in 3 years: MHA
As per data maintained and published by the National Crime Records Bureau, 21,796 cybercrimes were registered in 2017, 27,248 in 2018 and 44,546 in 2019.”The motives behind cyber crime in the country include personal revenge, fraud, sexual exploitation, inciting hate, spreading piracy, stealing information etc,” Minister of State for Home G Kishan Reddy said in a written reply to a question.