Together with U.S. restrictions, they mean more than 440 shadow...
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RBI panel recommends AI framework for finance sector
"The report envisions a financial ecosystem where encouraging...
African lender weighs claiming Lloyd’s payout on Zambia debt
TDB — together with the African Export Import Bank — has found...
European regulators crack down on Big Tech
The tech giants have been preparing ahead of a Wednesday deadline to comply with a new European Union law intended to increase competition in the digital economy. The law, called the Digital Markets Act, requires the biggest tech companies to overhaul how some of...
Apple fined nearly USD 2 billion by the European Union over music streaming competition
Apple banned app developers from ''fully informing iOS users about alternative and cheaper music subscription services outside of the app'', said the European Commission, the 27-nation bloc's executive arm and top antitrust enforcer The European Union levelled its...
US FAA says Boeing 737 MAX production audit found compliance issues
The audit was prompted by a Jan. 5 mid-air emergency involving a new Alaska Airlines 737 MAX 9 that lost a door plug at 16,000 feet (4,877 meters). The FAA previously barred Boeing from expanding 737 production The Federal Aviation Administration on Monday said the...
India’s wheat, rapeseed ravaged by rain just before harvesting
"The entire wheat crop has been flattened due to heavy rainfall and hailstorm. It was nearly mature, and we could have harvested it in two to three weeks," said Mukesh Kumar, a farmer from Uttar Pradesh, the country's largest producer of the grain Untimely rainfall...
War risk insurance premium through Red Sea remained stable despite the sinking of the cargo ship
Insurance industry sources said that war risk premiums being quoted for Red Sea voyages had remained around 1% of the value of a ship for some weeks – compared with around 0.5% before the attacks started – with various discounts applied by underwriters The cost of war...
Govt launches Chakshu to report fraud calls, phone number leaks by firms
Union IT and Communications Minister Ashwini Vaishnaw said that through digital measures to check fraud and crime, the Department of Telecom Services has been able to help citizens save around Rs 1,000 crore in the last nine months and Rs 1,008 crore has been frozen...
Malaysia may renew search for lost MH370 decade after it vanished
MH370 vanished on March 8, 2014, on its way to Beijing from Kuala Lumpur with 239 people on board. Investigators concluded the plane deliberately left its planned flightpath, looped back over Malaysia and headed out to sea Malaysian authorities are considering...
UN chief appeals for greater support for small islands fighting climate change
“We must have stronger support from the international community - what we call climate justice - which means adequate financing at low cost, quickly decided, in order to allow for all these works that we have been seeing to protect the island against the sea, and...
Social media platforms need Govt nod to launch AI models in India
"It is reiterated that non-compliance to the provisions of the IT Act and/or IT Rules would result in potential penal consequences to the intermediaries or platforms or its users when identified, including but not limited to prosecution under IT Act and several other...
Only grain ships from Black Sea and for Iran still crossing Red Sea
“Just about all (dry bulk grain) vessels going from the Americas and western Europe are avoiding the Red Sea, the only exception is vessels going to Iran, they’re still taking the Red Sea route when shorter.All vessels we are tracking going from the Black Sea to Asia...