Pinarayi Vijayan,Chief Minister, Kerala He said that the state...
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‘Hidden hazards’: Delhi’s fall from glory to ‘ticking time bomb’
Rule 33 of the Delhi Fire Service Regulations mandates to obtain a...
LIC launches specialised product for child education
Siddharth Mohanty(L), Chairman, LIC, Vivek Joshi(R), Secretary,...
8 Indian states highly vulnerable to climate change: Report
The report, titled ‘Climate Vulnerability Assessment for Adaptation Planning in India Using a Common Framework’, which identifies the most vulnerable states and districts in India with respect to current climate risk and key drivers of vulnerability, was released by the Department of Science and Technology (DST) Secretary Ashutosh Sharma.
Himachal Pradesh, Telangana, Sikkim and Punjab have been categorized as lower-middle vulnerable states. Uttarakhand, Haryana, Tamil Nadu, Kerala, Nagaland, Goa and Maharashtra have been categorized as states with low vulnerability.
COVID-19 hits passenger vehicle exports; shipments tumble 39 pc in FY21
”While the exports of passenger vehicles had dropped by a whopping 58 per cent in the first half of FY21 due to the pandemic and resultant lockdowns, marginal improvement due to multitude of efforts by the OEMs in the second half of FY21 led to the year closing with an overall decline in exports of passenger vehicles by 39 per cent,” SIAM Director General Rajesh Menon told PTI.
Second Covid wave could spark greater economic uncertainty: Niti Aayog VC
“Apart from their direct impact on some sectors like the services sector, the second wave will increase the uncertainty in the economic environment which can have wider indirect effects on economic activities. So, we need to prepare for greater uncertainty, both in consumer and investor sentiments,” Kumar told PTI.
Fears of vaccine exclusion as India uses digital ID, facial recognition
But a requirement to register for appointments on a mobile app using Aadhaar is excluding millions of people who do not have an Aadhaar ID, said Anushka Jain, an associate counsel at the Internet Freedom Foundation in Delhi.
Using facial recognition at vaccine centres risks further marginalising vulnerable people who may be misidentified and refused the vaccine, and raises fears the controversial technology could become the norm at all centres, she added.
India daily increase of record 234,692 COVID-19 infections
India’s deaths from COVID-19 rose by 1,341 to reach a total of 175,649, the data showed.
India may witness 1,750 deaths per day due to Covid-19, surging to around 2,320 by the first week of June, according to a report of the Lancet Covid-19 Commission by India Task Force members.
Customer privacy, data protection non-negotiable: RBI deputy governor
“We must generate trust amongst the customers that their data is safe and secure in all their financial relationships with regulated entities and for that – innovation and regulation should go hand-in-hand,” he said while speaking at a webinar on Open Banking organised by Tata Consultancy Services (TCS) in association with the Embassy of India in Brazil on April 14. RBI posted the speech on Friday.
Finmin widens scope of ECLGS, includes healthcare sector
“In recognition of the continuing adverse impact of COVID-19 pandemic on certain service sectors, the government has now extended the scope of ECLGS through introduction of ECLGS 3.0 to cover business enterprises in Hospitality, Travel & Tourism, Leisure & Sporting sectors which had, as on February 29, 2020, total credit outstanding not exceeding Rs 500 crore and overdues, if any, were for 60 days or less, on that date,” the statement issued last month had said.
US lawmakers welcome India”s move to increase FDI in insurance sector to 74 %
Washington: Two influential US lawmakers have applauded the Indian government''s move to increase foreign direct investment in the insurance sector from the existing 49 per cent to 74 per cent, saying it will further deepen bilateral trade and...
ICICI Lombard’s net profit rises 23 % to Rs 346 crore in Q4 FY 21,combined ratio at 101.8 %
Among the business segments, motor, marine and health portfolio saw an underwriting loss in Q4 Fy 2020-21. The insurer had a munderwriting losses stood at Rs 207.97 crore, marine underwriting loss at Rs 10.18 crore, health (retail) underwriting loss was at Rs 8.77 crore and health (corporate) underwriting loss at Rs 23.4 crore.
It has paid claims of over Rs 100 crore on account of natural catastrophe in Fy 2020-21, mainly for Cyclone Amphan that had triggered a total insurable losses of over Rs 1500 crore.
EU set to ban surveillance, start fines under new AI rules
As artificial intelligence has started to penetrate every part of society, from shopping suggestions and voice assistants to decisions around hiring, insurance and law enforcement, the EU wants to ensure technology deployed in Europe is transparent, has human oversight and meets its high standards for user privacy.