``India's wealth management market is undergoing a seismic shift,...
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Clean energy assets face climate risks, Zurich Insurance Says
Roughly 46% of Europe’s total renewable generation capacity will be...
Need for robust data quality to fortify digital governance, cultivate public trust: Niti Aayog report
While India's digital foundation are in place, the challenge now is...
RBI selects McKinsey and Company, Accenture Solutions to use AI, ML to improve regulatory supervision
The RBI is looking to extensively use advanced analytics, artificial intelligence and machine learning to analyse its huge database and improve regulatory supervision over banks and NBFCs. For this purpose, the central bank plans to hire external experts Mumbai: The...
Indian tech industry leaders fast adopting GenAI, albeit with caution
Relying heavily on generative AI without the necessary checks and balances from a human expert to validate the results can lead to potentially unsafe and/or unethical or biased applications, Prabhakar Srinivasan, Director of Technology, AI/ML/Data Science at Synechron...
Toyota recalls around 168K vehicles over fire risk
"The subject vehicles are equipped with a plastic fuel tube which could move and rub against a brake line and develop a fuel leak. A fuel leak in the presence of an ignition source could increase the risk of fire," Toyota said in a recall notice SAN FRANCISCO:...
Over 13,000 cybercrime cases registered in UP from 2022 to March 20 this year: State govt
To effectively control cybercrime in the state, 18 cybercrime police stations have been set up. The process of setting up cybercrime police stations in 57 districts is underway, Yogi Adityanath, chief minister, UP, said Lucknow: More than 13,000 cybercrime cases were...
Karnataka govt approves cyber security policy
''The cabinet has approved Karnataka Cyber Security Policy 2023-24. The main intention of this policy is to reduce the cyber crime rate in the state which is increasing and create awareness among people about cyber security and data privacy,'' Law and Parliamentary...
EV sales to hit 10 lakh mark in India by end of decade: Tata Motors
When asked about the sales targets for Tata Motors in the EV segment, Chandra said: ''We have really said that in the next four to five years we will target 25 per cent penetration and by the end of this decade we would have 50 per cent penetration is what we are...
Apple’s Emergency SOS via satellite saves family caught in wildfires
Firefighters were able to reach the family and safely evacuate them within 30 minutes because of the Emergency SOS via Satellite feature Last month, the Emergency SOS via satellite feature on the iPhone helped to save two tourists who got lost in the mountains of...
FOCUS-ChatGPT fever spreads to US workplace, sounding alarm for some
Companies worldwide are considering how to best make use of ChatGPT, a chatbot programme that uses generative AI to hold conversations with users and answer myriad prompts. Security firms and companies have raised concerns, however, that it could result in...
M&A: Global insurance deals drop sharply in 1H 2023, Clyde & Co
Joyce Chan, Partner at Clyde & Co in Hong Kong, said: “Private equity firms are looking at investing in some of the Asia tech players around the region, at all stages of development, with prospective capital providers fairly evenly split between international PE...
No evidence Facebook use linked to mental health harm, UK study finds
''This is not to say this is evidence that Facebook is good for the wellbeing of users. Rather, the best global data does not support the idea that the expansion of social media has a negative global association with well-being across nations and different...