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AI Shakeup: $283 billion Indian outsourcing sector can shed 5 million jobs
"With cost optimization being the key driver for new deal wins,...
India data breach costs reach new record level Of Rs 22 crores: IBM Report
“India's accelerating AI adoption brings immense opportunity, but...
Invest in disaster resilience today for safer tomorrow: Indian PM Modi
"Earthquakes destroy houses, making thousands of people homeless. Natural disasters can disrupt water and sewage systems, putting the health of people at risk. Some disasters can impact energy plants, leading to potentially dangerous situations. These things have a...
Unemployment biggest challenge in India, world’s fastest growing economy: Poll
"Following a decade of near jobless growth, the rising number of discouraged workers had pushed India's LFPR (labour force participation rate) down well below levels exhibited by the four Asian tigers at comparable stages in their demography," said Kunal Kundu, India...
Musk decries Australian court ‘censorship’ of X terror posts
At a hearing overnight, Australia’s Federal Court ordered X, formerly called Twitter, to temporarily hide posts showing video of the incident a week earlier, in which a teenager was charged with terrorism for knifing an Assyrian priest and others Elon Musk lashed out...
Extreme weather may pose risk to inflation, says RBI Bulletin
Supply shocks play a significant role in shaping inflation dynamics, with first and second-round effects exerting distinct but interconnected influences on prices and economic activity. The first-round effects typically manifest as immediate changes in the prices of...
India’s Spice Board tells Everest, MDH to give details of quality checks
Hong Kong this month suspended sales of three MDH spice blends and an Everest spice mix for fish curries. Singapore has also ordered a recall of the Everest spice mix and advised against its consumption New Delhi: India's spice exports regulator has asked MDH and...
Global plastic treaty: Agenda for Stakeholders
Backed by some environment groups, this coalition has called for common, legally binding provisions to “restrain and reduce the production and consumption of primary plastic polymers to sustainable levels.” They also are proposing measures such as phasing out...
World’s workers increasingly at risk as climate changes, ILO says
Workers, especially the world’s poorest, are more vulnerable than the general population to the dangers of climate extremes such as heatwaves, droughts, wildfires and hurricanes because they are often the first exposed or exposed for longer periods and at greater...
Swiss Re launches Swiss Re Life Guide Scout, a Generative AI-powered underwriting assistant
Catrin Hinkel, CEO Microsoft Switzerland, said, "By integrating Microsoft Azure OpenAI, Swiss Re can unlock the power of advanced analytics and Generative AI to provide new capabilities to the insurance market through a secure, compliant, and reliable cloud...
Indian insurance ecosystem shows limited appetite for pure risk policy: JM Financial
In the last three years, while individual savings and investments in fixed deposits or equities markets vary with market conditions, the investment in insurance products remained constant at 18 per cent of individual financing funds. Insurance has consistently...
World Bank and IMF meetings fail to finalise a concrete plan for climate finance
Rich countries are expected to raise more than the $ 100 billion they promised to provide every year from 2020, but repeatedly failed The annual World Bank and IMF meetings have wrapped up without a concrete plan to mobilise the trillions of dollars needed to fight...