Following the adverse weather warning, researchers are advocating...
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IMD using AI machine learning to enhance weather forecasts: Director general
"We aim to provide forecasts at the Panchayat or village...
China may misuse AI to disrupt elections in countries like India and US : Microsoft
"With major elections taking place around the world this year,...
Insures should partner banks to issue Surety Bonds:IRDAI Panel
Instead of Insurance industry handling alone, a mechanism is required wherein the banking sector and the insurance sector could collaborate for sharing of customer information since banks have more experience in managing these types of risks, suggested the panel..
To start with performance bonds / surety bonds can be issued limited to the projects of NHAIs only and not for all the contractors. The rate should be determined by a market agreement, suggested the panel
IRDA forms panel to examine the need for a standard cyber liability cover for Indian market
The General Liability policies available currently in the Indian market do not cover cyber risks and cyber insurance policies currently available are highly customized for clients in a new and quickly growing market. Hence, it is felt that a basic standard product structure is required to provide insurance cover for individuals and establishments to manage their cyber risks, said the IRDAI.
Bank of England says company disclosures on climate risks will be mandatory
“Disclosing your plans can improve your credit rating, broaden your investor base, reduce your cost of finance, and economize on the fixed costs of meeting increasingly vocal investor requests for information,” the BoE’s executive director for markets, Andrew Hauser, told an Investment Association online event on Friday.
British Airways hit with UK data watchdog’s biggest-ever fine
Other major cyber incidents in the recent past include another London-listed airline, easyJet EZJ.L, which earlier this year said hackers had accessed the email and travel details of around 9 million customers.
U.S. hotel operator Marriott International MAR.O in March suffered its second data incident in less than two years, with information of about 5.2 million its hotel guests suffering a breach.
Serum Institute, Bharat Biotech to begin trial of intranasal COVID-19 vaccine soon: Vardhan
Vardhan said the late stage trial generally involves thousands of participants, sometimes 30,000 to 40,000.
Of the vaccines currently in Phase 3 trials, all are administered by injection, according to the World Health Organization (WHO).
India’s passenger vehicles exports fall 58% in first half of FY21
“This can be largely attributed to the COVID-19 related disruptions globally, which has led to closure of plants and dealerships, supply chain disruptions, curfews in cities and interruptions in international trade,” SIAM Director General Rajesh Menon told PTI.
Retail cheque payments down to a trickle in FY20 to 2.96%: RBI data
Behind all these, the Reserve Bank has played the crucial role of an operator, catalyst and facilitator, regulator and supervisor.
Some recent RBI initiatives to enhance security and increase customer confidence in digital payments include mandating use of only EMV chip and PIN-based debit and credit cards from January 2019; tokenisation from January 2019; facility to switch on/off transactions; mandatory positive confirmation to remove any ambiguity of NEFT/RTGS funds transfers from March 2010, and January 2019, respectively.
Gadkari suggests formation of state water grid in Maharashtra to overcome flood crisis
The floods create and trigger serious problems in different parts of the state and there is an urgent need to chalk out a plan to manage this natural disaster that becomes grave because of other man made factors,” a statement from the Minister’s office said.
With very high COVID-19 testing, India’s positivity rate fallen below 8%: MoHFW
“India has exponentially scaled up its testing capacity from one in January to more than 9.32 cr at present. The very high testing has resulted in the continuous falling positivity rate. It has now fallen below 8 per cent,” the Ministry tweeted.
Pan-India Covid-19 genome studies suggest virus genetically stable: PMO
Indrajit Saha, an assistant professor in the Department of Computer Science and Engineering of National Institute of Technical Teachers’ Training and Research, Kolkata, and his team have also developed a web-based Covid-Predictor to predict the sequence of viruses online on the basis of machine learning.