"India is no longer an isolated economy. Businesses today operate...
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Risk Management
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Hindalco denies extrusions operations halt report says overall operations largely unaffected
The Aditya Birla Group-owned metals producer declared force...
Wartime Marine Risks: Navigating insurance & supply chain disruptions
One of the most common misconceptions during times of crisis is...
Airlines need to be properly rewarded says,IATA chief amid supply chain woes
The global aviation industry has been grappling with supply chain issues, especially after the pandemic, resulting in delayed aircraft deliveries even as airlines are looking to expand their fleets to meet rising passenger traffic demand Bangkok: With supply chain...
Performance Reviews by AI: What Could Go Wrong?
Bringing AI into annual assessments can save managers time, and even result in more useful feedback than employees get from human bosses alone, executives and management experts say. Yet they caution that outsourcing too much could turn reviews into AI workslop....
DPDP Rules: From prompt data breach reporting to annual audits Indian firms’ new obligations
The DPDP rules require companies (those collecting/ seeking the personal data and termed as data fiduciaries) to undertake reasonable security safeguards to protect personal data, including use of appropriate measures like encryption, obfuscation, masking, or virtual...
DPDP rules set timer for rehaul of consent, breach response mechanism; industry hails phased roll-out
According to the regulations, users must have an easy way to revoke their consent or complain to the Data Protection Board (DPB) about infractions New Delhi: The Government of India has notified the Digital Personal Data Protection (DPDP) Rules, 2025, marking the full...
Boeing ordered to pay over $28 million to 737 MAX crash victim’s family
The verdict awarded to the family of Shikha Garg is the first in the dozens of lawsuits filed in the wake of that crash and another in Indonesia in 2018, which combined killed 346 people.The lawsuit alleged the 737 MAX plane was defectively designed and that Boeing...
Public health of Indians at risk due to substandard imports of PVC resin from China: Report
The study, titled "Balancing Growth and Public Health Safety: Criticality of PVC QCO in India," was released at IIT Delhi on Wednesday. It highlights that PVC, which forms nearly 30 per cent of India's economy, is used in critical areas such as water supply,...
Banks at crossroads as AI costs rise and risks escalate: S&P Report
In terms of risk management practices, the report pointed out that deploying AI technologies introduces new technical risks and increases reliance on third-party vendors. At the same time, AI can help banks improve risk identification, monitoring, and pricing. New...
Ministry of civil aviation clarified pilot not being blamed for AI plane crash: Centre to SC
Justice Joymalya Bagchi said, “The AAIB inquiry is not for apportion blame on anyone. It is only to clarify the cause so that the same does not happen again.” New Delhi: The Air India pilot has not been blamed in the AAIB’s preliminary report into the June 12 plane...
Willis and Rare partners to launch innovative insurance solution for fishers in the Philippines
Christopher Au, Head of APAC Climate Risk Centre, at Willis, said: “With over 1.9 million registered small-scale fishers relying on the nearshore for their livelihoods, the impacts of climate change, such as high winds, rough seas and heavy rainfall, pose increasing...
Managing Customers: Banks and insurers deploy AI agents to fight fraud and process applications
-Three in five banks and insurers cite customer onboarding among top reasons for AI agent adoption,-33% of firms are actively developing proprietary AI agents in-house, though only 10% have deployed at scale,-Nearly half of banks and insurers are creating new jobs to...