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With near-monopoly on rare earth magnets, China decides fate of global EV industry
China holds a near-monopoly on rare earth magnets – a crucial...
CCPA issues advisory to e-commerce platforms for self-audit within 3 months to detect dark patterns
CCPA has also issued notices to e-commerce platforms in some cases...
Businesses criticize new EU data rules, consumer group sees missed opportunity
DIGITALEUROPE, whose members include Airbus, U.S. tech giants such as Amazon and Google, GFK, Nokia, Qualcomm, Philips, SAP, Siemens and Sony, said the data agreement fell short of businesses’ expectations “The Data Act will place European industry at a disadvantage...
India ranked 67th on Energy Transition Index, Sweden on top: WEF
Achieving universal access to electricity, replacing solid fuels with clean cooking options and increasing renewable energy deployment have been primary contributors to the improvement of India's performance NEW DELHI: The World Economic Forum on Wednesday ranked...
Govt drops plans to levy TCS on overseas credit card spends
The Finance Ministry has also deferred by three months the implementation of a higher Tax Collected at Source (TCS) rate of 20 per cent on expenditures made under LRS and overseas tour packages till September 30 New Delhi: The government on Wednesday dropped plans to...
Indictment details plan to steal Samsung secrets for Foxconn China project
The unreleased 18-page indictment, reviewed by Reuters, provides details in the case against former Samsung executive Choi Jinseog, including how he is alleged to have stolen Samsung's trade secrets and details about the planned Foxconn plant. SEOUL: When former...
Delhi has become India’s electric vehicle capital: CM Arvind Kejriwal
We introduced the Electric Vehicle Policy in August 2020. Our target was that by 2025, at least 25 per cent of all the new vehicles bought in Delhi should be EVs. As of now, 13 per cent of all the new vehicles that are bought in Delhi are EVs. The national average at...
Combo Product: ICICI’s 2 insurance ventures jointly launch life and health cover
Sanjeev Mantri, executive director, ICICI Lombard General Insurance The health insurance component covers expenses related to hospitalisation, day-care treatments, pre and post hospitalisation, and homecare treatment, to name just a few On the other hand, the life...
Safety features top concern for buyers while purchasing car: Survey
As per the findings, car’s crash rating was the top driver of customer car purchase decision with an importance score of 22.3 per cent followed by number of airbags with a score of 21.6 per cent When it comes to crash rating for cars, maximum customer preference of...
Tata AIA introduces payment through WhatsApp and UPI
Tata AIA Life Insurance (Tata AIA) has introduced digital payments via WhatsApp and Unified Payment Interfaces. The agile, seamless process allows consumers to pay premiums digitally and receive a quick premium payment confirmation & acknowledgement. The company...
India produces 2.7 cr vehicles, valued at $108-bn in FY23: Report
In the total 2.7 lakh crore vehicles churned out last fiscal, the commercial vehicle segment, which includes small 4-wheel carrier with less than 2-ton capacity to large tractor trailers and specialty vehicles like tippers, share stood at 10-lakh vehicles Production...
Artificial Intelligence: An Existential Risk To Humanity
A group of scientists who were using AI to help discover new drugs ran an experiment where they tweaked their AI to search for harmful molecules instead They managed to generate 40,000 potentially poisonous agents in less than six hours, as reported in the Nature...