The regulator believes PIR could address one of the insurance...
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Turtlemint Fintech raises Rs 397 crore from anchor investors ahead of IPO
Anand Rohidas Prabhudesai and Dhirendra Nalin Mahyavanshi,...
Telegram moves Delhi HC against govt curbs; SG claims ‘shocking’ activities on platform
The Ministry of Electronics and Information Technology (MeitY),...
Govt clears path for self-driving, safety car technologies to reduce road deaths
The radar sensors let a car gauge safe distances, and drive features such as emergency braking, adaptive cruise control and blindspot warnings, to form a basis for autonomous driving New Delhi:The government has scrapped a licence requirement for radar sensors,...
84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: Report
The survey, which covered 1,440 fraud-management, anti-money laundering (AML), and risk and compliance leaders across 25 countries, found that India has emerged as one of the most concerned and heavily impacted markets when it comes to financial fraud and AI-enabled...
Electric passenger vehicle retail sales jump 81.20 pc to 26,682 units in May: FADA
"A notable feature of the month was the consumer response to May fuel-price revisions: dealers reported a visible rise in enquiries for fuel-efficient and alternative-powertrain options, reflected in the two-wheeler EV share climbing to 9.25 per cent from 6.11 per...
India’s Construction Sector: Insurers increase focus on risk and project governance, Aon report
“India remains a dynamic and rapidly expanding construction market within the Asia Pacific region. Large-scale developments face a range of natural hazards, including floods and earthquakes, with increasing focus on robust risk management from the outset. To navigate...
Maximum Information launches PsiClone ahead of North Atlantic hurricane season
“PsiClone is designed to help close that gap by connecting live forecast data directly to exposure monitoring and operational decision-making. The goal is to help insurers and stakeholders respond earlier and reduce the time to payout when it matters most,''Tom Philp,...
India’s crime rate falls 6%, Cybercrime crosses 1 Lakh cases: SBI
Digitization increases the chances of detection through tools such as UPI, FASTag and digital surveillance, raising the expected cost of committing crime. Areas with more CCTV cameras saw a slight drop in crime between 2022 and 2024, with a correlation of -0.148. New...
Majority of aviation insurance professionals rank geopolitical instability as the sector’s biggest threat: IUAI survey
"The findings highlight a continued shift towards risks that are systemic, interconnected and often originate outside the aviation sector itself. Geopolitical instability, claims inflation, cyber threats and supply chain disruption all have the potential to create...
TCS wins multimillion-euro AI powered services transformation deal with Canada Life
As part of the agreement, TCS will leverage its AI & digital capabilities to modernise and manage Canada Life’s data centres, core infrastructure, end-user computing, and software lifecycle management. The transformation will help improve operational resilience,...
Govt agencies, private companies among Indian entities given access to Anthropic’s Mythos
Described as a "collaborative effort to secure the world's most important software", Project Glasswing is Anthropic's initiative aimed at strengthening cybersecurity by giving select organisations access to Claude Mythos Preview, an advanced AI model that can identify...
RBI says fully prepared for ‘Mythos’ cyber threat; advisories issued to regulated entities
"We have issued the required advisories. We remain fully prepared in terms of handling cyber security threats of this nature as well as conventional threats," RBI Deputy Governor Swaminathan J said Mumbai:The Reserve Bank of India (RBI) on Friday said it is fully...