LtoR-Asha Murali, secretary, Institute of Actuaries of India(IAI),...
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Nandan Nilekani flags AI backlash risk, calls diffusion of technology a necessity
Infosys Chairman Nandan Nilekani noted that AI's most visible...
NGT forms panel, seeks comprehensive plan to protect coastal erosion of Sunderbans
During the hearing, the West Bengal government informed the...
Vedanta asked to pay Rs 71 cr over fly ash effluent
"The issue pertains to allegation for unauthorised disposal of fly ash. The Member Secretary… requested the company to deposit the environmental compensation of Rs 71,16,53,320," Vedanta has said in a filing to BSE. New Delhi: Vedanta has said that State Pollution...
Banks seek power to freeze accounts in illicit transactions cases to rein in cyber fraud
``Banks freeze/block accounts based on internal triggers, however, as per the Prevention of Money Laundering Act (PMLA), they do not have the authority to freeze or block customer accounts without proper authorisation from a court or law enforcement agencies (LEAs. In...
WhatsApp faces outage In India, Users report issues with sending messages
Earlier in the day, many people even faced difficulties while making payments via Unified Payments Interface (UPI). New Delhi: Meta-owned messaging app WhatsApp faced issues in India on Saturday evening, with users reporting issues in sending messages. Taking to...
Maharashtra Cyber issues advisories to depts on online threats acts against Wikipedia Proton Mail
The departments include Maharashtra Public Service Commission, the Directorate General of Information and Public Relations (DGIPR), the Electricity Department, Maha DBT, among others, as Maharashtra Cyber and the Computer Emergency Response Team (CERT) in many cases...
Global energy insurance market continues to soften with capacity at an all-time high: Willis
In Asia, insurance capacity from Asian-based insurers remains very strong. Over the last two years, some insurers have set up new and expanded capacity in the region due to market profitability in the downstream sector. This is coupled by an increased demand from...
Soaring civil unrest and protest activity concerns companies and insurers: Allianz
More than 80,000 incidents in top 20 countries connected to protest and riot activities around the world during 2024, Religious and politically motivated terrorism a major concern for governments and companies in the year ahead. Asia Pacific is the region with the...
RBI cuts rates by 25 bps for a second time as US tariffs add to growth risks
Sanjay Malhotra, Governor, Reserve Bank of India RBI has lowered the GDP growth forecast to 6.5 per cent from earlier projection of 6.7 per cent due to global uncertainties. The RBI lowered the inflation projection for the current fiscal to 4 per cent from 4.2 per...
India needs to keep a watch on cybersecurity, climate change and system-wide contagion risks: IMF report
IMF report suggested enhanced data coverage with better granularity for mapping climate-related financial risks in India It acknowledges India’s insurance sector is strong and growing with a significant presence in both life and general insurance. The sector has...
Boeing settles lawsuits with two 737 MAX crash victims’ families
Boeing agreed in July to plead guilty to a criminal fraud conspiracy charge and pay a fine of up to $487.2 million. A judge set a June 23 trial date if no final agreement is reached. U.S. plane maker Boeing Co reached settlements with the families of two people who...
Comments made by Warren Buffett on social media sites are false
While Berkshire didn’t describe the nature of the posts, the firm’s statement came amid circulation of an Instagram post claiming that the 94-year-old billionaire praised President Donald Trump’s economic policy. The video was posted March 13, but it circulated widely...