"Although we continue to expect India to grow faster than all other...
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Warren Buffet’s son Howard succeeds him as chairman of Berkshire Hathaway
Howard G. Buffett, chiarman,Berkshire Hathaway Inc Warren E....
“Totally unacceptable”: MEA raises alarm over security, navigation threat amid escalating tensions in Red Sea area
"We are deeply concerned about the escalation in the security...
Geopolitical and AI-related risks among top concerns for directors and officers worldwide:Willis
Artificial intelligence has seen a significant increase in the proportion of respondents ranking it as a very or extremely important risk (up 5% to 56% of respondents globally). LONDON: 59% of directors and officers now consider geopolitical risks to be very important...
Indian BFSI sector faces cyberattacks at 1.6 times global average: Report
76 per cent of CISOs now rank AI-enabled attacks among their top cyber priorities for 2026, while 83 per cent are embedding AI into cyber operations, according to the report. New Delhi: India’s banking, financial services and insurance (BFSI) sector is facing...
Cybersecurity & AI:Building a synchronous BFSI enterprise
Mid-size organisations face the sharpest exposure: having digitized aggressively and built deep interconnections across the financial system, they carry the risk profile of large players with a fraction of the cyber investment to match it. Data Security Council of...
New Mandatory Norms:IRDAI asks insurers to disclose KMP pay metrics, Policyholder Service performance on websites
Ajay Seth, chairman, IRDAI ``Evolving expectations of customers and needs of the economy require us to place greater emphasis on measurable customer outcomes, transparency in decision-making, responsiveness, and sustainable value creation. Accordingly, the revised...
Airbus, Air France convicted of corporate manslughter over 2009 Atlantic Crash
Airbus and Air France both said they would appeal to France’s highest court, ignoring pleas from the relatives. The trial exposed bitter divisions between the airline and planemaker over the cause of the accident and a gulf between a civil crash report that focused...
West Asia Crisis:In a first New India unveils War Cover for India Inc with its Fire policy
`By introducing this dedicated add-on, which integrates with our “Bharat Laghu Udyam Suraksha “and “Business All-Risk Flexi Suite”,we are filling a vital protection gap for large-scale industrial units and infrastructure projects,complementing on our War Cover in a...
Bank CEOs’ AI push faces rising regulatory scrutiny
The European Banking Authority, which also sets rules for US and Asian banks operating in Europe, wants to ensure that national supervisors across the bloc have playbooks “to mitigate risks” that AI poses to the finance sector, Merkeviciute said. The more complex the...
Insurers should treat hantavirus as a risk requiring case-specific attention, not as a systemic shock factor
Unlike COVID-19 or seasonal influenza, there is no risk of systemic accumulation or correlation among insured populations. There is also no evidence of sustained super spreading dynamics comparable to airborne respiratory viruses, explained SCOR.. Paris: Hantavirus...
RBI proposes allowing lenders to curb usage of phones bought on loans in case of default
RBI's plans to allow lenders to lock smartphones as a tool to recover loans, and that the move may raise consumer rights and privacy concerns. Mumbai:India's central bank on Wednesday proposed allowing lenders to remotely restrict or disable functions of a mobile...
Cyber criminals promoted illegal betting platforms across 1,200 domains during IPL: CloudSEK
According to the report, the cyber criminals used AI deepfake tools to clone the faces and voices of Indian cricketers and popular content creators to fabricate endorsements for betting platforms and tipper channels. Mumbai:Cyber criminals have been found promoting...