In a statement Tuesday, RBI said it has come to their notice that...
Category:
Technology
Latest
Prudential launches global AI Lab in Singapore, to improve consumer access to quality healthcare
Anil Wadhwani, Chief Executive Officer, Prudential plc, said:...
Meta fined €798 million by EU over abusing classified ads dominance
“Meta tied its online classified ads service Facebook Marketplace...
Cloud investments: Majority of banks and insurers struggle to maximize the value
“Cloud adoption should be viewed as the start of a transformative journey that fuels long-term business growth, rather than the end game or destination. What’s clear from our research is that while the technology is seen by financial institutions as a building block,...
SC junks PIL raising security concerns of communications through Whatsapp, Telegram
The PIL said that vulnerability in the Android applications violated several fundamental rights, including the right to privacy, right to freedom of expression, right to reputation and dignity, and right to fair investigation and trial, by unauthorised replacement of...
Govt to probe e-scooter maker Ola Electric over service, product standards
Following a review of Ola's responses, the agency asked BIS to conduct a detailed investigation into the matter, consumer affairs secretary Nidhi Khare said Thursday New Delhi: The Bureau of Indian Standards (BIS) will investigate e-scooter maker Ola Electric's...
NBSL launches NPS contributions via payments app
NPCI BHIM Services (NBSL), a wholly owned subsidiary of National Payments Corporation of India (NPCI), on Wednesday launched National Pension System (NPS) contributions through the payments app. BHIM users can now contribute to their existing NPS accounts with ease,...
India surpasses 200 GW in renewable energy capacity: Centre
“Hydroelectric power is another key contributor, with large hydro projects generating 46.93 GW and small hydro power adding 5.07 GW, offering a reliable and sustainable source of energy from India’s rivers and water systems,” according to the Ministry of New and...
Assessing AI: 73% of enterprises have launched AI, 52% of deployments achieving business value, Infosys Survey
Sumit Virmani, EVP and Global Chief Marketing Officer, Infosys, said: "CMOs face the dual challenge of fueling growth in the short-term while articulating the value of their brand investments in the medium term. They recognize AI's, especially generative AI's,...
Indian patent office cautions people against fraudsters seeking money to facilitate IP applications
"It is, therefore, advised to all the stakeholders who are applying or may have applied for any type of IP applications (i.e. Patents, Designs, Trade Marks, GIs (geographical indications), Designs or Copyright) that they should not fall prey to such false claims and...
Max Life integrates Swiss Re’s ‘Digital Health Underwriting’ solution to elevate the customer onboarding experience
Swiss Re’s DHU solution automates technical underwriting, using advanced technology to analyze multiple stacks of medical records and lab results concurrently. By providing real-time underwriting decisions and faster turnaround times, the solution enables more...
At least 20 pc of India’s economy will be digital by 2026-27: Jyotiraditya Scindia
“As our digital economy flourishes at a pace 2.8 times swifter than the national economy, we anticipate it will reach an astounding 20 per cent by 2026-27,” said the minister, urging South Asian Telecommunication Regulators' Council member nations to collaborate on...
Prasun Sikdar joins as Bima Sugam CEO
IRDAI has fixed Apr 19,2025 as the date of the launch of Bima Sugam. E&Y has been roped as a consultant to execute Bima Sugam Mumbai: Prasun Sikdar, the first MD & CEO of Bima Sugam India Federation, has assumed his new charge recently. Sikdar, who was earlier...