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Climate change altering laws of mortgage risk: Fitch
Fitch is now in the process of integrating physical climate risks...
UK judge warns of risk to justice after lawyers cited fake AI-generated cases in court
High Court justice Victoria Sharp said the misuse of AI has...
1,997 killed, 18,54,901 hectares crops damaged in disasters in 2022-23: MoS Nityanand Rai in Lok Sabha
Citing information furnished by states, the Minister said these details included the losses caused due to hydro-meteorological disasters that occurred during 2022-23, as on March 7, 2023. New Delhi: Due to hydro-meteorological disasters during the year 2022-2023, a...
Govt taking steps to make India $5 trn economy ‘at an early date’: FinMin
The IMF's World Economic Outlook earlier said the size of the Indian economy will increase from USD 3.2 trillion in 2021-22 to USD 3.5 trillion in 2022-23 and cross USD 5 trillion in 2026-27. Some of the important measures taken by the government in the past to boost...
Flood Risk: shifting from a responsive to an anticipatory approach
Only 17% of global losses were insured between 2007 and 2021, with the biggest protection gaps in developing countries, where insurance is often not available. Flood risk is pervasive and set to increase. According to Marsh McLennan estimates, 1 out of 3 people...
Centre approves Rs 1,816 crore to five states as disaster relief
According to an official statement, the assistance will be provided to Assam, Himachal Pradesh, Karnataka, Meghalaya and Nagaland for floods, landslides and cloudburst that occurred during 2022 New Delhi: A High Level Committee, headed by Home Minister Amit Shah, has...
Govt plans new security testing for smartphones, crackdown on pre-installed apps
India's IT ministry is considering these new rules amid concerns about spying and abuse of user data, said a senior government official "Majority of smartphones used in India are having pre-installed Apps/Bloatware which poses serious privacy/information security...
Zuckerberg was warned on social media addiction, says a US court filing
Mark Zuckerberg,CEO,Meta The case in Oakland comprises a collection of scores of complaints filed across the US on behalf of adolescents and young adults who allege that Facebook, Instagram, TikTok, Snapchat and Google’s YouTube caused them to suffer anxiety,...
Over $70 bn wiped off global crypto market, Bitcoin drops below $20,000
Two crypto-friendly banks Silvergate Capital and Signature Bank collapsed last week, and billions of dollars belonging to crypto exchanges got stuck. New Delhi: The collapse of three banks in the US, including the giant Silicon Valley Bank (SVB), within a week has...
Centre mulling taking action against e-pharmacies over data misuse
"Health Ministry has taken note of malpractices reported in the sector which lead to concerns over data privacy, sales of medicines without prescription, and predatory pricing," the source added The notice was issued to online pharmacies including Tata 1mg, Amazon,...
Scientists agree that money can buy happiness
"In the simplest terms, this suggests that for most people larger incomes are associated with greater happiness," said lead author Matthew Killingsworth from from the University of Pennsylvania "The exception is people who are financially well-off but unhappy. For...
Civil aviation ministry’s consultative committee discusses sustainable development initiatives
Jyotiraditya Scindia,Union minister, Ministry of Covil Aviation The ministry has taken initiatives to make airports carbon neutral and reach the target of net zero carbon emissions. It has also advised all operational brownfield airports and upcoming greenfield...