Union Home Minister Amit Shah "Everyone is questioning the...
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Meta to pay $1.4 billion to settle Texas facial recognition data lawsuit
The lawsuit, filed in 2022, was the first major case to be brought...
Global Nat Cat insured losses at $ 62bn in H1 24, significantly higher than 10-yr average of $ 37bn, Munich Re report
Thomas Blunck,Member of the Board of Management, Munich Re...
Govt plans Rs 12,000-levy on petrol, diesel cars to spur EV demand: Report
Under a new policy that is nearing finalisation, National Institution for Transforming India (NITI), a government policy think-tank, has proposed incentives of up to Rs 25,000 -50,000 be directly transferred to EV buyers, ensuring that gains are not pocketed by auto manufacturers, government officials told TOI.
J&J moves to limit impact of Reuters report on asbestos in Baby Powder
Senator Edward Markey, a Massachusetts Democrat on the Environment and Public Works Committee, on Friday sent a letter to the head of the US Food and Drug Administration calling on the agency to investigate the findings in the Reuters report to determine whether J&J misled regulators and whether its Baby Powder products threaten public health and safety.
Your digital life may be up for sale for just Rs 3,500: Kaspersky Lab
“This can include data from stolen social media accounts, banking details, remote access to servers or desktops, and even data from popular services like Uber, Netflix, and Spotify, as well as gaming websites, dating apps, and porn websites which might store credit card information.”
AIG arranges first CLO Deal since financial crisis
AIG’s last deal prior to the crisis was called Galaxy X CLO, managed by Lehman Brothers and sold in February 2008, according to data compiled by Bloomberg. The spun-off PineBridge then took over the series and issued its first post-crisis deal, Galaxy XI CLO, in July 2011.
Any attempt by govt to curtail central bank’s independence credit negative: Moody’s
To a query on the sovereign rating impact of the developments around RBI, Moody’s said, “While the motivation for the RBI Governor’s resignation is unclear, the independence of a country’s central bank is an important consideration in our assessment of a sovereign’s institutional strength.”
RBI to bring ‘ombudsman scheme’ to solve digital transaction complaints
With the digital mode for financial transactions gaining traction in the country, there is an emerging need for a dedicated, cost-free and expeditious grievance redressal mechanism for strengthening consumer confidence in this channel.
Centre, Google, FB, WhatsApp agree to stamp out rape, child porn videos: SC
An RTI has revealed that the government had been monitoring social media accounts of citizens for at least two years before the Supreme Court quashed a tender that would have allowed it to do so.
Marriott CFO says too early to estimate Cyber Breach costs
The company could face $200 million in fines and litigation expenses, and could spend about $1 per customer notifying victims and providing free data monitoring services, according to a note last week from Morgan Stanley.
Self-Driving Vehicle Regulation Bill gets late push in US Senate
Under the legislation, automakers would be able to win exemptions from safety rules that require human controls. States could set rules on registration, licensing, liability, insurance and safety inspections, but not set performance standards.
Bombay HC asks New India to pay Rs 7.60 crore motor accident claim
The family members of the deceased, Ravindra Kulkarni, who was working as the chief executive officer of Tata Precision Industries — a Tata group company —based in Singapore and was earning more than 11,000 Singapore dollars (about Rs 3.34 lakh, as per the conversion rate relied by the HC) a month at the time, sought enhancement of the Rs 2.50-crore compensation amount granted by the Motor Accident Claims Tribunal, the insurance company pleaded for the rejection of the claim altogether.