The 2025 Global Modeled Catastrophe Losses Report notes a $32...
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TCS expands partnership with European insurer Tryg, signs new Euro 550 mln deal
TCS and Tryg have a 15-year partnership, and the new deal will...
Insurers should learn to innovate using powerful Digital Public Infrastructure platform: New IRDAI chairman Seth
Ajay Seth, chairman,IRDAI ``We see the Accounts Aggregator...
ACKO launches insurance for removable batteries in 2- wheeler EVs
ACKO has introduced Extended Battery Warranty plan tailored specifically for removable batteries for Electric Vehicles (EVs). The plan is available with the VIDA V1, the first EV launched under the emerging mobility brand VIDA, from Hero MotoCorp. The plan covers the...
Biden order seeks to improve US port cybersecurity
US President Joe Biden The U.S. Coast Guard will get powers to respond to cyberattacks against maritime infrastructure including requiring operators to share information about incidents and threats. The post of national maritime security director will also be...
Sebi using AI for investigations, says whole time member Kamlesh Chandra
Against the backdrop of instances of manipulations in the stock market, he said the message is that abiding with the law will be more beneficial and violations will cause problems Mumbai: Sebi is using Artificial Intelligence (AI) for investigations, its Whole Time...
Trai recommends introduction of CNAP Supplementary Service for caller name display on phones
Industry body COAI, whose prominent members include Reliance Jio, Bharti Airtel, and Vodafone Idea, had earlier contended that the implementation of Calling Name Presentation (CNAP) should not be made mandatory but kept optional for telecom operators. COAI had flagged...
India’s approach to sustainable development shines brightly: Hardeep S Puri
Hardeep Singh Puri, Minister of Petroleum & Natural Gas and Housing & Urban Affairs, said that the reputations of businesses are now linked to their public commitment to the SDGs, both for investors as well as for consumers. Not just consumers, even investors...
A decade after MH370 disappeared, safety measures stall
With satellites covering almost every inch of the planet, experts want all commercial flights to transmit their position and other key data almost constantly over a tamper-proof system. It shouldn’t matter whether the aircraft’s in trouble or not “Good Night....
Indian Fintech: Fast, Furious — and Fraudulent?
Media reports suggest that more non-bank intermediaries after Paytm Payments Bank may expect a rap on the knuckles. Just what has made the Reserve Bank of India so cranky all of a sudden? Andy MukherjeeFirst, Paytm was asked to freeze its banking business, a crackdown...
Slumping EV prices force carmakers to repay leasing firms
Leasing companies are demanding concessions from EV makers, including agreements that manufacturers will buy back vehicles, to protect against further erosion in the $1.2 trillion second-hand car market Carmakers have begun compensating leasing companies for the...
‘Money mule’ bank accounts on the rise in India: Report
Mule accounts are owned by people who are duped by fraudsters into laundering stolen/illegal money via their bank accounts. When such incidents are reported, the "money mule" becomes the target of investigations due to their involvement New Delhi: Banks in India need...
FSDC to formulate strategy to digitalise KYC process in financial sector, curbing illegal online lending
(Lto R) Shaktikanta Das, Governor, Reserve Bank of India, Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs and Bhagwat K Karad,,Union Minister of State for Finance at the 28th meeting of FSDC in New Delhi The FSDC on Wednesday discussed various...