Ajay Seth, chairman, IRDAI ``We are working on the regulations...
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Air India pilot reports a possible defect in fuel control switch of Boeing 787-8, aircraft grounded
"After receiving this initial information, we have grounded the...
Budget 2026 proposes penalties to tighten crypto transaction reporting
The proposal is aimed at ensuring compliance with Section 509 of...
Judges should refrain from using social media: SC
"Judicial officers should not go to Facebook. They should not comment on judgments because tomorrow if the judgment is cited, judge has already expressed one way or the other bench of Justices B V Nagarathna and N Kotiswar Singh New Delhi: Observing that judges have...
AM Best affirms Credit Ratings of New India Assurance
The ratings reflect NIA's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, favourable business profile and marginal enterprise risk management (ERM) Singapore: In a rating review, international rating agency...
Work on to assess safety of AI; job loss from GenAI not intense in India: IT Secy
"Safe and trusted AI is when you do the innovation, try and be responsible about it but there would be an assessment. We will try and see that it is safe and trusted in a manner that works for everybody. That is the other space that we are working on right now. We...
IRDA may unveil new regulations to check insurers’ overdependence on promoter banks
In some cases, parent banks of insurers are selling over three-fourths of the policy, the official, who did not wish to be identified, told reporters in Mumbai Mumbai: Insurance industry watchdog Irdai wants insurers to diversify their distribution channels and may...
Govt working on policy of ‘zero casualties’ during disasters: Union Minister Rai in Lok Sabha
“India faces a variety of disasters across seasons. The government is working on the policy of ‘zero casualties’ in line with Prime Minister Narendra Modi’s pledge of making India a developed country by 2047,” Union Minister Nityanand Rai said in the Lok Sabha on...
National Insurance is working towards achieving growth with profitability, says CMD
M Rajeshwari Singh, CMD, National Insurance Company ``There should be greater emphasis on retail sector business which has inherently been the strength of the company historically. Corporate relationships would be nurtured for business growth in all the sectors as...
Secure messaging apps big challenge to counter online radicalisation: Govt
"The use of more secured messaging applications like Signal, Telegram, Viber and dark Web apart from WhatsApp with end-to-end encryption by radical elements to connect with other likeminded elements has proved to be a major challenge for security agencies in its...
Marriage integral to person’s natural life SC enhances award to woman with intellectual disability
The apex court enhanced the compensation amount under the heads of loss of income or earning capacity, pain and suffering, loss of marriage prospects, attendant charges and future medical treatment. The bench, enhanced the compensation to Rs 50.87 lakh and directed...
Labour Min mulls scheme for gig platform workers
"We are putting together the scheme for the gig and platform economy workers because there is no traditional employer-employee relationship defined for the gig and platform workers but we need to bring social security coverage for them so that they can be more...
Addressing ethical challenges of AI, making social media accountable on fake news: Ashwini Vaishnaw
Addressing the Parliament, Union Minister of Electronics and Information Technology, Ashwini Vaishnaw highlighted the critical challenges posed by the emerging AI landscape, social media accountability, and the need for robust legal frameworks New Delhi: Ethical...