Between 2016 and 2025, the power consumed by data centres built in...
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Global Data Centre Boom: Emerging risks becoming more pronounced
For the insurance market, this convergence of physical and digital...
Financial fragmentation could amplify shocks across global insurance markets: Geneva Association report
Jad Ariss, managing director of the Geneva Association, said, "The...
Anthropic to let partners share Mythos cybersecurity findings with others
Mythos’ capabilities to code at a high level have given it a potentially unprecedented ability to identify cybersecurity vulnerabilities and devise ways to exploit them, according to experts. Anthropic said on Monday it is revising its earlier position to allow users...
FAA says it failed to address warning signals before fatal 2025 Washington D.C. collision
The National Transportation Safety Board determined the collision was caused by the FAA’s decision to allow helicopters to travel close to the airport without safeguards to separate them from airplanes, and its failure to review data and act on recommendations to move...
AI London flight: DGCA directs 787 plane’s fuel switch inspection in presence of its officers
On February 2, an Air India pilot reported a defect with the fuel control switch of the Boeing 787-8 plane VT-ANX after operating the AI132 flight. The plane faced a fuel control switch issue during engine start in London on February 1. New Delhi:A detailed...
AAIB proposes framework for aviation safety
In the report, AAIB said no formalised mechanism for the exchange of safety-related information exists between defence authorities, especially the Indian Airforce, Indian Navy, and Indian Army, with AAIB and DGCA. New Delhi:Aircraft Accident Investigation Bureau...
War becomes the number one political violence risk for more than 50% of companies globally:Allianz
"The political violence landscape across Asia remains volatile, with civil unrest in countries such as Indonesia and Nepal, as well as domestic regional tensions including those between Pakistan and India, and Cambodia and Thailand. While some of these events have...
SEBI working on framework for AI-based trading amid growing cyber threats: Tuhin Kanta Pandey
Tuhin Kanta Pandey,chairman, Sebi "For AI-driven trading, we are actually going for guidelines on that. On how AIs will, in future, do that. Now AI has an opportunity as well as a risk. The opportunity is that you can use the AI for several of your things which can be...
Iran war leaves global companies facing $25 billion losses
The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion – and the bill is climbing, according to a Reuters analysis. A review of corporate statements since the start of the conflict by companies listed in the United States,...
IRDAI gets ready to implement Risk Based Capital norms for insurers,to publish draft regulations soon
The IRDAI's board in its recent meeting had deliberated the issue and approved drafting and publishing the draft regulations on the proposed Indian Risk Based Capital Framework for stakeholder consultation.The issues which need to be addressed before launching RBC in...
Regulators discuss ways to enhance financial sector resilience amid geopolitical frictions
Sanjay Malhotra,Governor,Reserve Bank of India "The FSDC-SC reaffirmed its commitment to enhancing financial sector resiliencethrough inter-regulatory coordination; and keeping a close watch on emerging challenges, including those from heightened geopolitical...
Bank account can’t be frozen in absence of FIR: Delhi HC
Justice Purushaindra Kumar Kaurav, while dealing with a petition by an individual whose account in a private bank was frozen pursuant to a complaint from the Gujarat Cyber Crime Police in November 2024, stated that freezing a bank account without any justification...