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AI to reshape insurance economics, drive scale and specialisation: McKinsey
The report said insurers will increasingly have to choose between...
Poor application of norms cause of accidents at explosives and ammunition making units: Secretary
Sanjeev Kumar, Secretary, Department of Defence Production...
Rajaraman gets extension as IFSCA chairman till 65
K Rajaraman, chairman, International Financial Services Centres Authority The main objective of IFSCA is to develop a strong global connect and focus on the needs of the Indian economy as well as to serve as an international financial platform for the entire region...
Fitch warns AI market correction emerging as major global credit risk
“The extent to which capital markets and economies have become intertwined with AI have created a vulnerability for credit,” Fitch said. The AI boom and the risk of a correction are emerging as major global credit risks, ratings agency Fitch has warned, adding to...
Google India’s nodal officer booked over ‘fake’ app on Play Store
The victim stated that fraudsters contacted him through a social media platform in July and the administrators "advised" him to invest through the trading app after opening an account. Hyderabad:A case was registered against Google India's nodal officer in Hyderabad...
PM FB row: Meta writes to govt, outlines rigorous safeguards for posts by prominent accounts
Meta officials, it is learnt, had attributed the error to AI-powered automated content filters that were reviewing shared posts and subsequent content that circulated following the original post by the prime minister. New Delhi: Meta has written to the government...
Rail accidents fall nearly 90 pc in a decade as govt improves safety measures:Govt
Ashwini Vaishnaw, Union Minister for Railways Ultrasonic Flaw Detection (USFD) testing of rails to detect flaws and timely removal of defective rails, along with laying of longer rails, minimising the use of Alumino Thermic Welding and adoption of better welding...
Investigators find no fault in Air India fuel control switch, Examining thrust control module:Govt
While the fuel control switch has been cleared of any defect so far, the examination of the complete thrust control module is still underway, with investigators awaiting the outcome of the ongoing inspection. New Delhi: Investigators have found no abnormality in the...
AI finding twice as many cyber flaws in 2026 as it did in 2025
The surge in discovered vulnerabilities lends credence to the warnings governments and security firms have been issuing about the threat posed by hackers armed with powerful, new AI models. The number of software security flaws discovered in popular technology...
Aon launches AI Risk Diagnostic to help organizations understand and manage AI risk
"Artificial intelligence is creating significant opportunities for organizations, but it is also introducing new and increasingly complex risk considerations across governance, compliance, operations and resilience," said Richard Waterer, Aon Global Risk Consulting...
Dark patterns must be eliminated from insurance sector: IRDAI Chairman
Lto R-Narendra Bharindwal, president, Insurance Brokers Association of India (IBAI),K Rajaraman, chairman, IFSCA, Ajay Seth, chairman, IRDAI and Tapan Singhel, MD&CEO, Bajaj Allianz General Insurance at silver jubilee conclave of IBAI on Saturday in New Delhi...
Govt to roll out common customer ID for banks, insurers; mutual funds to follow, sources say
The new system, known as Central Know-Your-Customer 2.0 (CKYC), will only require the customer's consent for these institutions to fetch data stored at a central registry when opening an account or updating their details. Mumbai: Indian banks and insurers will launch...