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Proposed Hormuz deal would give Iran control of inbound traffic, sources say
Despite the apparent step towards yielding to Iranian demands, the...
Goldman Sachs, Talcott partner $1 billion Bermuda reinsurance sidecar for U.S. annuities
Under a quota share agreement, the sidecar will assume a portion of...
After WhatsApp, IT Ministry sends notice to Telegram, Signal over username feature
In its notice to WhatsApp, the government had expressed concern that the proposed username feature may “materially increase” cases of online fraud, phishing, digital arrest scams, and impersonation attacks by enabling bad actors to solicit and message victims. New...
RBI flags AI-Powered cyberattacks as biggest threat to banks, NBFCs
"AI-enabled cyber attacks emerged as the most important near-term challenge," it said in the comments that come amid heightened commentary around the capabilities of systems like Mythos. Mumbai:Artificial intelligence-enabled cyberattacks were classified as the "most...
Economy resilient but risks from monsoon, geopolitical uncertainties remain: FinMin report
Nirmala Sitharaman,Union Finance Minister At the same time, moderation in select indicators, including core industries, fuel consumption, air passenger traffic, consumer confidence, and labour market indicators, suggests some...
India records fifth driest June since 1901 as monsoon rains lag
India received 99.5 mm of rainfall in June against a normal of 165.3 mm, the weather department data showed, as the monsoon reached the southern state of Kerala three days late and its advance across western farming regions stalled for about two weeks....
Nadda to launch Aarogya Setu 2.0 and other digital Initiatives for health sector on Monday
The initiatives being launched include citizen-facing applications, provider-focused solutions, interoperability frameworks, registries and data standards. They are expected to enhance accessibility, efficiency and interoperability across the healthcare ecosystem...
Health Insurance: Creating simple, adequate, and transparent solutions
Among young Indians, the study finds that financial awareness is no longer translating into protection. While over half of Gen Z respondents actively invest through mutual funds and SIPs, many continue to postpone purchasing personal health insurance, assuming...
MoRTH proposes phased rollout of cybersecurity management systems for vehicles
The Ministry of Road Transport and Highways(MoRTH), in a draft notification issued on June 22, said the proposed regulations will apply across the vehicle categories M(passenger vehicles), N (goods carriers), and T (trailers). New Delhi: The Road Transport Ministry...
STT, Tata Delhi data centre fire leaves clients fearing decades of data lost; Google hit
The blaze at the STT Global Data Centres India facility, owned by Singapore's ST Telemedia and India's Tata Communications , caused "extensive damage" to parts of the site, making data recovery difficult, a Tata Communications unit said in a letter to a client NEW...
RBI proposes guidelines for banks to manage AI risks
Banks should establish human oversight for AI models used in automated decision-making, the draft guidelines said.For generative AI models that interface with customers or external users, additional cybersecurity controls should be implemented. MUMBAI: India's...
Cyber scams rise sharply across Asia: Interpol
The report comes as governments across Asia are grappling with an explosion in online fraud fueled by sprawling scam networks that monitoring groups say increasingly operate across borders and generate tens of billions of dollars a year. Once concentrated in parts of...