"AI-controlled toys are a serious threat to the safety of children....
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Amazon not seller but a platform: Court quashes notice against its directors over sale of abortion pills
Kandula Raghava Rao and Noorulamin Mohammed Saheb, directors of...
Citi, StanChart evacuate Dubai offices, HSBC closes Qatar branches as fears grow
The moves came after a spokesperson for Tehran's Khatam al-Anbiya...
SEBI eases IPO shareholding rules, brings relief for large companies
According to SEBI’s release, companies with a market capitalisation of Rs 50,000 crore to Rs 1 lakh crore will now get more time to meet the public shareholding requirements. They will be required to achieve 15 per cent MPS within five years of listing and 25 per cent...
Par panel recommends amending penal provision, mandatory fact-checking system to crack down on fake news
The Committee desire the Ministry of Information and Broadcasting to ensure that fact-checking mechanism and internal ombudsman should be made mandatory in all print, digital and electronic media organisations of the country," one of its recommendations said Most of...
Future-ready power companies seize soft market advantages, Willis
Infrastructure hotspots such as Indonesia, Vietnam and the Philippines are attracting insurer capacity, especially for projects backed by international funding and reputable contractors. SINGAPORE: After years of navigating tough market conditions, power companies are...
World Suicide Prevention Day: Securing mental health
All age groups are affected by suicide and was the third leading cause of death among 15–29-year-olds globally in 2021, the last year for which data has been gathered by WHO More than 720,000 people commit suicide every year and many more attempt it. Now the head of...
Disasters damage $12.7 Billion of African Infrastructure annually
“Climate change is expected to increase the impact of disasters on infrastructure by as much as 27%, resulting in average annual loss of $2.4 billion,” the report said, without giving a date. “Africa is one of the most vulnerable regions to climate-related disasters.”...
JBA Risk Management launches new India Crop Model
The new model, which includes more enhanced market data, crops, seasons and districts, provides invaluable insight for the risk management and insurance pricing of India’s two primary crop insurance schemes, the yield and parametric based Pradhan Mantri Fasal Bima...
WTW and SOMPO announce global partnership to deploy Radar for its non-life insurance services
Tadashi Yamanaka, executive officer of System at Sompo Direct Insurance Inc. said, “The introduction of Radar has enabled us to rapidly implement premium revisions that reflect changes in market, accident trends and customer risk profiles more accurately. We will...
Global P&C insurance market sees efficiency, capacity and resilience: Swiss Re
Jérôme Jean Haegeli, Swiss Re's Global Chief Economist, says: “The rapid expansion of the P&C market is not only about scale, but also about greater capability and resilience. Insurers have become more efficient at pricing, managing and transforming risk,...
Air pollution is on the rise, says UN weather agency
“Air quality respects no boundaries. The smoke and the pollution that issues from the wildfires in this record-breaking season in the Iberian Peninsula has been detected over Western Europe already [and]…can travel basically throughout the rest of the European...
Uttarakhand HC seeks responses of RBI, telecom companies, communications ministry in ‘digital arrest’ fraud case
The bench directed that the Standard Operating Procedure (SOP) or prescribed measures to curb cybercrime be circulated to every police station Nainital: The Uttarakhand High Court Thursday directed the Reserve Bank of India, telecom companies, the Union communications...