Anchored on the theme “Staying Ahead, Future Ready”, the 21st...
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Sitharaman asks fintechs to strengthen risk management to check AI misuse
"Even as AI opens extraordinary possibilities, we must confront its...
NITI Aayog unveils roadmap on AI to empower 490 million informal workers
NITI Aayog's Mission Digital ShramSetu will harness AI, blockchain,...
One third of humanity still offline, says UN telecomms agency chief
“Emerging technologies, like AI, can be used to erode trust in our elections, in our institutions, and it can threaten our jobs, our privacy, and I think also our very future,” she said adding that more than 2200 cyberattacks happen each day. An ITU study indicates,...
Aon acquires AI-Powered platform to help fleet & mobility clients make better, insight-driven decisions
"It is more important than ever for our fleet and mobility clients to have access to data-driven insights and tools that inform their risk and business strategies," said Jillian Slyfield, chief innovation officer at Aon DUBLIN: Aon plc, a leading global professional...
Optimism despite disruptive forces in retail sector: WTW’s Global Retail Survey
It is fascinating that despite so much commentary regarding the demise of physical retail, even purely on-line companies, see their future as including some element of physical retail space,Garret Gaughan, Head of Direct and Facultative, at WTW LONDON: Retailers are...
Animesh Das to be CEO of ACKO General Insurance
Animesh Das, CEO designate, ACKO General Insurance ACKO has now set itself ambitious goals for the upcoming year, eyeing a gross written premium(GWP) of nearly Rs 3000 crore Bengaluru: ACKO General insurance has elevated its chief underwriting officer Animesh Das as...
RBI directs credit card issuers to give users choice of other networks
"On a review, it is observed that some arrangements existing between card networks and card issuers are not conducive to the availability of choice for customers," the Reserve Bank of India (RBI) said in a circular Mumbai: India's central bank on Wednesday said...
Jeff Bezos overtakes Elon Musk as world’s richest person
Jeff Bezos, executive chairman, Amazon Elon Musk’s net worth is down $31.3 billion in the last year while Bezos net worth is up $23.4 billion New Delhi: Amazon founder Jeff Bezos has overtaken Tesla and SpaceX CEO, Elon Musk, as the richest person in the world, as per...
EAC-PM pitches for mandating EV sales by all automobile manufacturers
As per the EAC-PM, the number of EVs as a percentage of total vehicles in the country stood at 0.21 per cent, while EV four-wheelers as a percentage of the total four-wheelers amounted to only 0.08 per cent New Delhi: The Economic Advisory Council to the PM (EAC-PM)...
Volkswagen faces lawsuits in Germany over Porsche EV battery triggering fire in cargo ship
The case was brought by half a dozen plaintiffs, including Mitsui OSK Lines Ltd., the ship’s operator, and Allianz SE, one of the insurers of the vessel, according to a spokesman for the tribunal. The plaintiffs claim that the fire originated from the lithium-ion...
Physician group asks US to make funds available to doctors hurt by Change hack
“Hospitals, pharmacies, and healthcare providers are facing an immediate – and rapidly intensifying – adverse impact on their cash flow and, ultimately, on their financial solvency,” Schumer wrote to CMS Administrator Chiquita Brooks-LaSure Influential U.S. doctors’...
Former Twitter execs sue Elon Musk for over $128 mln in severance
Elon Musk X is already facing a pair of proposed class actions claiming it owes rank-and-file workers who were laid off after Musk’s acquisition at least $500 million in severance, and a third lawsuit by six former senior managers making similar claims. X has denied...