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Number of air travellers surges to about 25 crore in 2025: Ram Mohan Naidu
Supported by the visionary regional connectivity scheme UDAN, air...
Asia fraud scheme: ChatGPT was used ‘to help scammers do their thing’
The basic tactic: get the victim to open a crypto account, then...
Germany is launching a six-month trial of 4-day work week from Feb 1
A six-month programme starting from Feb 1 will grant a day off every week for hundreds of employees while keeping them on full pay. The study aims to find out if labour unions are right that it could not only leave staff healthier and happier, but also more...
Hong Kong court orders property firm China Evergrande to liquidate after plan for $300B debt fails
China Evergrande Group is one of the biggest of a series of Chinese developers that have collapsed since 2020 under official pressure to rein in surging debt the ruling Communist Party views as a threat to China's slowing economic growth Hong Kong: A Hong Kong court...
GenAI to contribute $100 bn in healthcare savings in Asia-Pacific by 2025
“With the advent of GenAI and the need for consumerization of care, the next five years are set to be the defining period for the healthcare sector, and we are currently at the starting point of this exciting journey,” said Manoj Vallikkat, senior research manager,...
Red Sea route accounts for 50% India’s exports, 30% of imports: Report
The Shanghai Northern Europe container freight rates have risen by over 300 per cent to USD 6,000-7,000/TEU) since November 2023 The impact of the ongoing crisis around the Red Sea shipping route, which accounts for 50 per cent of the country's exports and 30 per cent...
Hike in incidents of compromising govt, high-profile persons’ social media accounts: CERT-In
''Recent trends have shown an increase in incidents where scammers and threat actors take over social media accounts of high-profile personalities, official government accounts and enterprise accounts,'' CERT-In, the national technology arm to combat cyber attacks and...
Exports from Kolkata port may be hit due to soaring freight rate rice ban geopolitical turmoil
"Freight costs have soared to USD 400-500 per 20ft container and USD 600-700 for 40ft container shipments to the UK," Debojyoti Basu, vice-president of the Calcutta Customs House Agents' Association Kolkata: Exports from Kolkata port, a gateway to eastern India, are...
Budget: Auto cos seek continued push to green mobility, infra development
Toyota Kirloskar Motor Deputy Managing Director (Corporate Planning, Finance & Administration and Manufacturing) Swapnesh R Maru said the automaker remains confident that the Government will continue its push towards shifting the economy and transportation sector...
APAC businesses to nearly triple spends on GenAI to USD 3.4 bn in 2024: Infosys Research
While APAC companies currently lag behind their North American counterparts in GenAI spending, the research forecasts a bigger increase than in any other region, that is 140 per cent.This translates to an estimated USD 3.4 billion to be invested across Australia, New...
Red Sea, China risks to US economy seem contained, White House says
Americans have faith in their personal finances while consumer goods are already seeing a slowdown in price increases Washington DC: The Untied States risks some exposure to China's economic slowdown and shipping disruptions in the Red Sea, but they appear contained,...
Italy fines first city for privacy breaches in use of AI
The authority - one of the EU's most proactive in assessing AI platform compliance with the bloc's data privacy regime - last year briefly banned popular chatbot ChatGPT in Italy ROME: Italy's privacy watchdog has fined the northern city of Trento for breaking data...