“BOXX’s digital-first, service-led approach will help us further...
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Drones clear Mount Everest’s trash-covered slopes
Climate change is only adding to the urgency to clean Everest. Snow...
NCDEX in partnership with IMD to develop country’s first weather derivatives
This Memorandum of Understanding (MoU), signed on June 26, lays the...
AXA XL appoints Anthony Dagostino as global chief cyber underwriting officer for commercial lines
Anthony Dagostino “Cybersecurity continues to be a top risk management concern for clients across AXA. Cyber is a strategic growth area for the group''Libby Benet, AXA XL’s chief underwriting officer New York: AXA XL today announced the appointment of Anthony...
AI regulations: Key considerations to ensure customer protection without compromising innovation
Despite the benefits AI offers to both customers and insurers, however, there are concerns around privacy and the risk of potential discrimination, as well as the lag between the pace of development of AI technologies and corresponding regulatory frameworks, cautioned...
Govt will not make six airbags mandatory for cars: Nitin Gadkari
The government last year proposed to implement the six airbags safety norm from October 2023 for enhanced safety of occupants New Delhi: The government will not make six airbags mandatory for cars, Union Road Transport and Highways Minister Nitin Gadkari said on...
Apple has a plan for climate-friendlier watches: cut plane travel
The three green-tagged versions of the Apple Watch Series 9, Apple Watch SE and Apple Watch Ultra 2 will have lower emissions than Apple's baseline estimations based on previous products, and Apple will buy carbon offsets for remaining emissions, said Lisa Jackson,...
Implementation of digital technology changed dynamics of healthcare delivery: Mansukh Mandaviya
Union Health Minister Mansukh Mandaviya Through National Digital Health Mission, we are opening the Ayushman Bharat Health Account (ABHA) account, and by checking their account, they can check their health record. Their health history will be there in that account,"...
“Our nation has achieved 80pc financial inclusion”: Amit Shah cites World Bank report
World Bank said JAM (Jan Dhan, Aadhar, Mobile) trinity – a combination of bank accounts for all, Aadhaar, and mobile connectivity -- has propelled financial inclusion rate from 25 per cent in 2008 to over 80 per cent of adults in past six years, a journey which...
IMF-FSB paper pitches for coordinated action to deal with cryptocurrencies
The policy roadmap suggested by the paper to mitigate cryptocurrency risks includes building institutional capacities beyond G20; enhancing global coordination, cooperation and information sharing; and addressing data gaps necessary to understand the rapidly changing...
Global crypto regulations focus at G20 summit
Regulations are expected to help investors harness the potential benefits of crypto-assets while mitigating associated risks by addressing security, consumer protection, financial stability and international cooperation issues Kualalumpur: Ongoing crypto market...
Governance mechanism, customer-centricity can help in fintech ecosystem sustainable growth: RBI official
``Regulation can wait a bit longer but what is needed more urgently is better governance standards and a mechanism focused on customer centricity, data privacy and data protection, among others,'' Ajay Chaudhary, an executive director who heads the fintech department...
IRDAI is working towards 100% cashless claim settlement in health insurance: Panda
``I am happy to inform that all general and health insurers and four TPAs have already on-boarded on NHCX sandbox and are in the process of full integration. it will be an important milestone in democratizing insurance access and ensuring sufficient coverage,'' said...