``Potential pressures stemming from geopolitical events are among...
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Digit Insurance pays first moisture index-based parametric insurance claim to Rajasthan farmers
The total policy sum insured for excess moisture and drought...
SC agrees to hear pleas related to June 12 Air India plane crash
On September 22, while entertaining the plea of the NGO, the top...
Building Climate Resilience: Strategies for Indian insurance industry
Climate change is a systemic risk that demands a systemic response. As first responders to disasters, insurers must shift their mindset from viewing climate as a hazard to seeing it as a call to innovate Rakesh Jain, CEO, Reliance General Insurance India, with its...
Odisha announces launch of financial tech capability hub
Over the next five years, more than 7,000 students from every district of Odisha will gain “futuristic and job-ready skills in AI, blockchain, InsurTech and digital finance”, an official release said. Bhubaneswar: The Odisha government on Thursday announced the launch...
India aviation watchdog finds 263 lapses at Indian airlines in annual audit
DGCA found 51 safety lapses at Air India in its July audit, including lack of adequate training for some pilots, use of unapproved simulators and a poor rostering system, according to a government report seen by Reuters. NEW DELHI: India's aviation regulator said on...
Tsunami warnings fading after one of the largest earthquakes ever recorded
The danger had largely passed more than a day after the 8.8 magnitude quake, which was centered off the coast of the Kamchatka Peninsula in Russia’s Far East. No major damage was reported and tsunami warnings were canceled in most areas. HONOLULU: One of the most...
South Africa’s state-owned insurer sets up $1.1 billion riot buffer, to safeguard anticipated future unrest
“All the ingredients for a protest are in place — someone just needs to light the match,” Mpumi Tyikwe, the insurer’s chief executive officer, said in an interview in Bloomberg’s Johannesburg office last week. “We can handle a significant event now. I think anything...
Women-only US dating advice app Tea suspends messaging following breaches
The app—which boasts 4.6 million users—is pitched as a “dating safety platform” that women can use to steer clear of men who are adulterous, dishonest, or worse. The women-only U.S. dating advice app Tea has suspended direct messaging following a series of security...
Tsunami Warnings: All 10 most powerful earthquakes recorded in modern history located on the Ring of Fire
The Pacific region is highly prone to powerful earthquakes and resulting tsunamis because it’s located in the so-called Ring of Fire, a region of heightened seismic and volcanic activity At about 11:30 am local time on Wednesday, a magnitude 8.8 earthquake struck off...
Creating realistic deepfakes getting easier than ever, fighting back may take even more AI
Researchers, public policy experts and technology companies are now investigating the best ways of addressing the economic, political and social challenges posed by deepfakes The phone rings. It’s the secretary of state calling. Or is it? For Washington insiders,...
Microsoft restores services to Nayara ahead of HC hearing
Earlier this week, Microsoft suspended its services to Nayara Energy after the European Union included the company in a new round of sanctions against Russia over the Ukraine war. In response, Nayara took the US tech giant to the Delhi High Court, which was scheduled...
International Road Federation flags safety non-adherence in road projects in India
Akhilesh Srivastava, president, India Chapter (IRF-IC) "Across numerous active construction sites, IRF-India Chapter has observed a lack of advance warning signs for diversions or lane closures, absence of reflective tapes, barricades or cones, poorly marked or unlit...