In a letter to Finance Minister Nirmala Sitharaman, CTI chairman...
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Cyberattack disruption at London hospitals contributed to patient death
“We are deeply saddened to hear that last year’s criminal...
ICRA cuts domestic PV wholesale growth forecast to 1-4 pc for FY26
The downward revision is "led by concerns regarding high inventory...
IRDAI issues norms for deploying `Bima Vahaks’ to enhance insurance inclusion
There can be Corporate Bima Vahak, who are legal person registered in accordance with the respective laws of India and can be engaged by an insurer and Individual Bima Vahak, who can be individuals either appointed by an insurer or appointed by a Corporate Bima Vahak...
LIC,SBI among top 10 Indian brands in terms of value
Tata Consultancy Services (TCS) topped the 2023 50 Most Valuable Indian Brands list with a brand value of Rs 1.09 lakh crore followed by RIL, Infosys, HDFC, JIO, airtel, LIC, Mahindra, SBI and ICICI, New Delhi: As per the latest report by Interbrand, financial...
Report identifies leaders, laggards in e-vehicle transition
ICCT modeling indicates that nearly 100 per cent of new light-duty vehicles sold in leading markets in 2035 must have zero tailpipe emissions to put the transportation sector on a trajectory aligned with the goal of limiting global warming to below 2 degrees Celsius,...
Climate change, strained infra worsen flood risk in India’s Silicon Valley- report
"Due to climate change, there has also been short duration, high intensity precipitation, further accentuating risks of flooding in the city amidst limited infrastructure to contain the same," the report said. Citing the example of Mumbai, the report called for...
India transformed in less than a decade:Morgan Stanley
The report highlighted the 10 big changes, including supply-side policy reforms, formalisation of the economy, Direct Benefit Transfer, Insolvency and Bankruptcy Code, focus on FDI and flexible inflation targeting. These changes are because of India's policy choices,...
Digitally advanced countries trust less on artificial intelligence: Swiss Re report
The most AI-trusting people hail from emerging digital growth markets such as India, Nigeria, Mexico, Indonesia, Philippines and Argentina` `What is surprising in 'Decoding Digital Trust: A consumer perspective' is that countries with advanced levels of digital...
Shipping Safety: Losses hit a record low in 2022, but jump in fires, other challenges
A combination of factors impacting fire risk, ongoing and new threats posed by the ripple effects of the Ukraine conflict, decarbonization challenges, economic uncertainty, as well as the rising cost of marine claims, means the sector still has plenty of obstacles to...
Delta Air Lines faces proposed U.S. class action over carbon neutral claims
The complaint alleges that Delta is not living up to advertising that presents the Atlanta-based carrier as “the world’s first carbon-neutral airline,” saying it leads consumers to believe Delta hasn’t been responsible for releasing additional carbon into the...
Number of frauds rose in FY23, amount involved halved: RBI data
Frauds occurred predominantly in the category of digital payments (card/internet), in terms of number, said Reserve Bank's Annual Report 2022-23 The number of frauds in the banking sector went up to 13,530 in 2022-23 year-on-year, but the amount involved nearly halved...
India monsoon advances after stalling for 11 days
Rains usually lash mainland Kerala around June 1 and cover the whole country by mid-July. Timely rains trigger planting of crops such as rice, soybeans and cotton MUMBAI: India's monsoon rains advanced into some more parts of southwest Bay of Bengal after stalling for...