The matter of mandating last date for adoption of 1600 series by...
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AI driving direct shifts in global insurance industry, says Swiss Re
Global insurance premiums are set to grow by 2.3% in real terms in...
UIDAI mulling to issue Aadhaar with photo, QR code to discourage offline verification
UIDAI CEO Bhuvnesh Kumar said that the authority is considering...
Global emissions likely have peaked as renewables rise
The cost of deploying solar panels and battery technology is due to drop by 19% by 2030, helping deliver record amounts of low carbon power. Renewables are due to grow to 2.2 times by 2030, well below the tripling set out during the COP28 United Nations Climate Change...
RBI holds rates, shifts stance to ‘neutral’ signalling rate cuts ahead
Shaktikant Das,Governor,Reserve Bank of India Annual retail inflation remained below the central bank's target of 4% for a second consecutive month, clocking in at 3.65% in August but higher than the revised 3.60% in July and economists' forecast of 3.5% MUMBAI: The...
Indian regulators have done world-class job made system more transparent: FM
Union Finance Minister Nirmala Sitharaman asked banks not to be "stingy" in appointing cybersecurity professionals who will be highly useful in preventing any attacks Mumbai: Union Finance Minister Nirmala Sitharaman on Tuesday commended Indian financial sector...
Investors’ wealth erodes by Rs 8.9 lakh cr as Sensex tumbles for sixth straight day
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 8,293.41 crore on Monday, while Domestic Institutional Investors (DIIs) bought equities worth Rs 13,245.12 crore, according to exchange data New Delhi: Market investors became poorer by Rs 8.90 lakh...
The dark side of technology: AI-driven cyberattacks call for upgraded security measures
In September 2024, insurer firm Star Health experienced a significant breach that exposed the sensitive health information of its clients on Telegram chatbots. "Cyber criminals today are not operating manually; they are using AI to automate attacks. They are using...
FPIs withdraw Rs 27,142 cr in 3 trading sessions on geopolitical tensions
According to the data, FPIs made a net withdrawal of Rs 27,142 crore from equities between October 1 and 4, with October 2 being a trading holiday New Delhi: Foreign investors turned net sellers in October, offloading shares worth Rs 27,142 crore in just the first...
10 people killed in flashfloods triggered by heavy rain in Meghalaya
Incessant rainfall has triggered landslides in Gasuapara region of the district Shillong: At least 10 people died, including seven of a family, in rain-induced flashfloods that ravaged Meghalaya's South Garo Hills district in the past 24 hours, officials said....
GST panel deliberates on lowering rate on health insurance, tractors
As per experts, health insurance is likely to see a decrease from 18 per cent to 12 per cent, while term insurance may attract a GST of 5 per cent New Delhi: As the government focuses on GST 2.0 which further eases tax laws, enhance tax simplification and adoption of...
Per capita income in India to increase by at least $2,000 in 5 years: FM Sitharaman
Nirmala Sitharaman, Union Finance Minister "India finds itself amid the global geopolitical repositioning effort which has been going on. This repositioning can act as a structural force to India's advantage by creating robust supply chains with countries with...
Investors lose Rs10 lakh crore amid Middle East conflict, Sensex plunges 1800 points
According to market experts, the domestic market took a sharp downturn following Iran’s launch of ballistic missiles at Israel, sparking fears of retaliation and escalation into war. This could potentially drive up oil prices and lead to inflationary pressures, they...