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Govt makes it mandatory to label AI-generated content to counter deepfake
The amendments aim to address the growing risks posed by deepfakes...
Govt tightens grip on social media with new three-hour takedown rule
"An intermediary shall periodically inform its users, at least once...
Livestock census to start in September Punjab Minister
This will be the first time that pet dogs and cats will also be counted and .This is also the first time that cattle at 'gaushalas' and cattle being reared by nomadic tribes will be counted separatel Chandigarh:Punjab Animal Husbandry minister Gurmeet Singh Khuddian...
“Megatrend” Risks are not getting properly addressed by business entities, finds out Aon Survey
The survey results highlight that supply chain risks are top of mind in the C-suite, with 74 percent of business decision makers saying that their responsibility for supply chain or distribution functions has increased over the last year DUBLIN: Aon plc, a leading...
The fund managers Cat modeling keep winning bets
Karen Clark, co-founder and chief executive officer of the Boston-based firm that carries her name, says the cumulative effect of past climate change is an 11% jump in insured losses related to hurricanes. Her firm’s projections to 2050 suggest that climate change...
Allianz eyes 51% of Singapore’s Income Insurance with $1.6 billion offer
Allianz said the deal will turn it into the fourth-largest composite insurer in Asia, adding a household name in Singapore that distributes a full range of life and non-life products. Chief Executive Officer Oliver Baete, who is expected to outline new financial...
Modern bills like proposed digital competition law must conform to Constitution SC judge Kohli
"The impact of the Bill on various sectors and domains of the digital economy, including user experience, data protection and security, supply chains, investments, business costs and consumer affordability would have to be seen," Supreme Court judge Hima Kohli said...
IMF raises India’s GDP growth forecast to 7 pc for 2024-25
"The forecast for growth in India has also been revised upward, to 7 per cent, this year, with the change reflecting carryover from upward revisions to growth in 2023 and improved prospects for private consumption, particularly in rural areas," the IMF said in its...
Robust economies set to drive global insurance growth and profitability, says Swiss Re
Jérôme Haegeli, Group Chief Economist, Swiss Re Jérôme Haegeli, Swiss Re's Group Chief Economist says, "The insurance industry has reached a new equilibrium after the challenges of recent years. The global economy has surprised on the upside, which should drive more...
Google in talks to buy Wiz in $23 billion cyber deal
The acquisition of Wiz could help Google catch up to Microsoft Corp. and Amazon.com Inc. in an increasingly competitive cloud market. Google parent Alphabet Inc. is in talks to acquire cybersecurity startup Wiz Inc., according to a person familiar with the matter. A...
Insurers hike rates as extreme storms like Beryl proliferate
Global insurance giant Swiss RE expects the broader sector’s return on equity, a key measure of profit, to grow 9.5% in 2024, well above last year’s 3.4% growth Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas...
Mutual funds raise Rs 14,370 crore via new fund offers in June
Investment in the mutual fund industry is continuously increasing. In June, inflow figures stood at Rs 40,608 crore. There was an inflow of Rs 34,697 crore in May with NFOs investment of Rs 9,563 crore Mumbai: Mutual fund industry witnessed strong inflow via new fund...