"Based on the perceived risk associated with the transaction,...
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Britain considering support for Jaguar Land Rover’s suppliers
The automaker failed to finalize a cyber insurance deal brokered by...
Karnataka HC rejects social media platform X Corp’s petition challenging takedown orders
"Social media needs to be regulated, and its regulation is a must,...
Progressive Indian general insurance sector
Ritesh Kumar, MD & CEO, HDFC ERGO General Insurance The IRDAI initiated the journey towards adopting IFRS 17 and implementing risk-based supervision and capital frameworks. Looking ahead, significant developments are anticipated in the general insurance...
For large nation like India, deepfakes a problematic issue for conducting safe, fair polls: MoS IT
''We will keep an eye on the intermediaries for the 7-15 days after they come back from vacations…and if they still have not made a move, then we will basically amend the IT rules and notify amended IT rules to be as prescriptive as the advisories are,'' Union...
AI-powered deepfakes bare fangs in 2023, raise concern about impact on privacy, electoral politics
Supreme Court Advocate and chairman of the International Commission on Cyber Security Law Pavan Duggal said, ''It is a new emerging technology but is very quickly becoming a part of people's lives. More and more people are going to use deepfakes, not just by...
2023: AI becomes hashtag, goes mainstream; India sets guardrails for data privacy, user safety
India’s resolve to safeguard netizens from new kinds of user harms emerging in the digital space was clear, as the government moved decisively to craft regulations and laws. It crafted a future-ready framework that would not just protect digital personal data but also...
Google settles $5 billion consumer privacy lawsuit
The plaintiffs alleged that Google’s analytics, cookies and apps let the Alphabet unit track their activity even when they set Google’s Chrome browser to “Incognito” mode and other browsers to “private” browsing mode Alphabet’s Google has agreed to settle a lawsuit...
Risk Report: Building Risk Culture for India Inc
Sanjeev Mantri, MD & CEO, ICICI General Insurance Profound urgency of Climate Change continues to be undervalued among India Inc. Only Energy and Utilities, Hospitality, Infrastructure and Real Estate and FMCG sectors identified Climate Change and Natural...
Wealth Management: Record year for India’s $585 billion Mutual Fund industry
As the unforeseen gift of a pandemic-led boom in retail investing keeps on giving, and India’s $4.1 trillion equity market continues to grow — benchmark indexes are poised to cap a record eighth year of gains — industry veterans see mutual funds attracting a bigger...
Self-driving cars could be on UK roads by 2026:Minister
Critics of the technology, which has been trialed in the United States, say that the vehicles can cause crashes, and in California, regulators ordered General Motors’ driverless car unit Cruise to remove its vehicles from state roads after an accident in October...
Tokyo court only holds utility responsible to compensate Fukushima evacuees and reduces damages
The decision is among the four rulings that apparently came in line with the June 2022 Supreme Court decision that said the government wasn't liable for the disaster and that the disaster from a tsunami that high wasn't foreseeable or preventable A Tokyo court has...
Govt asks platforms not to carry ads of fraudulent loan apps; seeks swift removal of such apps
''One of the areas we are now cracking down on is advertising of fraudulent loan apps that many platforms are carrying and we have, through yesterday's advisory, made it clear that no intermediary can carry advertisements of fraudulent loan apps because it will be...