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Indian Insurance Broking Industry-2026:Future trends and challenges
The old ways of doing business are no longer enough. Brokers are...
Civil aviation ministry’s 24×7 control room seeks to address passengers’ issues promptly
The complaints vary from flight cancellations to lost baggage to...
Centre cracks down on spam calls, directs access service providers to take action
“All promotional voice calls from the unregistered senders/unregistered telemarketer (UTMs) using telecom resources shall be stopped immediately,” said the telecom regulatory authority body New Delhi: The Centre on Tuesday directed all access service providers to...
Flight and voice data boxes extracted from crashed Brazilian plane
The airline VoePass, which operates a small fleet of planes made by ATR, said the flight Friday was traveling from the state of Parana to Sao Paulo’s Guarulhos International Airport when it crashed in a residential area, killing 58 passengers and four crew members...
UK sets up AI Laboratory to tackle cyber threats
The new organization would in time seek to work with technology companies and academic experts, as well as international allies, to counter AI-based threats to national security and British businesses UK spies are stepping up efforts to tackle cyber and artificial...
Hiscox unveils GenAI-enhanced lead underwriting platform
By combining Hiscox AI Laboratories with Google Cloud’s generative AI, Hiscox now has the ability to remove manual elements of the underwriting process. Risks that are in scope are assessed using Google Cloud’s Gemini large language model, and the process generates an...
Legacy tech hindering pricing and profitability, says report
While the buzz around AI is inescapable and the potential benefits undeniable, its true value can only be fully harnessed when insurers get their own houses in order. The reality is the sector’s current pricing infrastructure doesn’t have the capacity to support this...
Govt issues guidelines for ‘Model Solar Village’ under PM-Surya Ghar: Muft Bijli Yojana
The Government of India approved the PM-Surya Ghar: Muft Bijli Yojana on 29th February 2024, with the aim to increase the share of solar rooftop capacity and empower residential households to generate their own electricity. The scheme has an outlay of Rs 75,021 crore...
Sovereign Green Bonds trading at IFSC to commence in 2nd half of this fiscal: RBI Governor
Shaktikanta Das, Governor,Reserve Bank of India Reserve Bank Governor Shaktikanta Das further said, one major announcement in this year's budget about developing a climate taxonomy "I think that will have a significant long-term impact on mobilisation of funds for the...
Kerala CM Vijayan requests PM Modi for financial assistance to tackle climate change
Prime Minister Modi on Saturday visited to the disaster-affected region in Wayanad and is being received by Kerala Chief Minister Pinarayi Vijayan and Governor Arif Muhammad Khan CM Vijayan said that a thorough assessment of the damages is currently underway, with...
Amazon India sets up 4 hubs to deliver urgent relief material
"Our disaster relief efforts are guided by our extensive logistic network, warehousing expertise and our collaborative approach to work closely with non-profit partners, dedicated relief workers, and selfless volunteers on ground," said Anita Kumar, Head Amazon...
Fintech will drive income and wealth creation, says CEA
V Anantha Nageswaran,Chief Economic Advisor Speaking at the ninth edition of the Global Economic Summit held in Mumbai, CEA Nageswaran said rapidly evolving Fintech solutions will have a transformative impact on income, savings and wealth creation in India and...