The entire Himalayan belt is increasingly vulnerable to...
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Aerospace Industry: Facing strong supply chain headwinds
“Airlines depend on a reliable supply chain to operate and grow...
Tesla’s European regulator says door safety a ‘Key Priority’
The Dutch authority RDW, which inspects and approves Tesla’s...
India’s FinTech boom exposes sector to rising cyber threats: PwC Report
Shah Amber, Managing Director at PwC India, emphasised that with the fintech sector projected to reach USD 400 billion by 2030, strong cybersecurity will not only protect businesses but also reinforce customer confidence.Safeguarding customer data and building digital...
Cybercrime causing global economic damage of almost US$10 tn,1% of cyber risks currently insured: Munich Re
Claudia Strametz, who leads Munich Re's business for Germany and who is responsible for cyber business in Europe said, “Over the past 10 to 15 years, cyber insurance has experienced remarkable growth, evolving from a virtually non-existent product to a global market...
Mumbai businessman loses Rs 58 crore in ‘digital arrest’ fraud
The victim transferred Rs 58 crore through RTGS in multiple bank accounts within a span of about two months.He later realised that he had been cheated and approached the cyber police with a complaint, the official said Mumbai: A 72-year-old businessman in Mumbai has...
Munich Re and New India provide first ever large parametric Pandemic Resilience cover to Mumbai’s biggest mall Phoenix Mills
``Munich Re is supporting these solutions with reinsurance capacity, however due to nature of pandemic risks no insurance balance sheet, not even one as strong as Munich Re’s, can absorb the potential losses alone. To make the consequences of a pandemic/epidemic...
Algorithmic decision-making may pose non-traditional risks to financial system RBI DG
Swaminathan J ,Deputy Governor, RBI The senior Reserve Bank official said that digital innovation is extending inclusion beyond payments. Micro-insurance and pension products are increasingly being delivered through digital platforms, helping low-income households...
Gold ETFs record 6-fold jump in Sep inflows amid geopolitical tensions, price rise: Report
Net assets under management for Gold ETFs surged to Rs 90,135.98 crore in September, nearly doubling from Rs 39,823.50 crore a year earlier, marking a 126.34 per cent increase. On a month-on-month basis, net AUM increased by 24.33 per cent from Rs 72,495.60 crore in...
DPIIT launches PM GatiShakti Offshore for integrated planning
The portal would have detailed data sets on offshore wind, solar, tidal, wave, and ocean thermal energy potential; oil and gas fields and pipelines; bathymetry and sedimentary basins; coastal regulation zones; coral reefs, mangroves, and marine mammal areas; ports,...
Climate Change: Life-threatening heat domes confound forecasters
Wildfires and droughts are often the byproduct of extreme heat and have caused some of the largest climate-related disasters in the US. From 1980 to 2024, 23 wildfires caused $147.9 billion in damage and killed 537 people while 32 droughts extracting a toll of $367.6...
Global financial watchdogs to ramp up monitoring of AI
Banks have been broadly optimistic that AI will make them more productive, but regulators around the world have expressed concerns about its potential impact on financial stability Global financial regulators have laid out plans for closer monitoring of artificial...
Startups bridging India’s mental health gap through tech-led innovations
According to the India Mental Health Alliance (IMHA), a staggering 200 million Indians have diagnosed mental health conditions but receive no adequate treatment, leading to a treatment gap as high as 95 pert cent in some areas. NEW DELHI: Mental health-tech startups...