Authorities have said Tuike Finland, a subsidiary of Alphabet’s...
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Banks must compensate digital fraud victims for loss if due-diligence failure established: SC
"We emphasise that the regulatory measures proposed by the RBI must...
MS Amlin launches AI wordings tool ahead of January renewal season
Known internally as Wordy Bot, the tool analyses reinsurance...
PHP vulnerabilities raises concerns of systemic event for cyber insurers
A significant gap between economic and insured losses is expected in this event, highlighting the importance of cyber insurance. In addition, insured losses may extend beyond cyber into directors and officers insurance as regulatory and governmental bodies in the...
Distribution Reforms must be built on consensus: IRDAI Chief
Ajay Seth , chairman, IRDAI Bima Sugam, the game changing e-market place for the Indian insurance industry, should be made operational in another month or six weeks and fee in the platform should not exceed 5 per cent of the premium. Mumbai: Ajay Seth, chairman,...
PK Mishra calls for AI-enabled early warning systems to reduce disaster risk
PK Mishra, Principal Secretary to the Prime Minister Addressing the meeting of senior officials on disaster risk reduction, convened by the United Nations Office for Disaster Risk Reduction (UNDRR) and co-chaired by India and the United Kingdom, he highlighted the...
No intention to increase ethanol blending in fuel beyond 20 pc: Union minister Hardeep Puri
Hardeep Singh Puri,Union Minister of Petroleum and Natural Gas The minister said the misinformation about the E20 (fuel) was a "contrived narrative". "Six crore vehicles go to the dispensing stations every day. If engine damage was caused, you could have seen the...
Japanese companies compensate users as cyberattacks buffet economy
Japanese Prime Minister Sanae Takaichi said the government planned to compile an emergency package of measures against cyberattacks by next week. Japanese companies are moving to pay compensation to users following waves of cyberattacks that have disrupted internet...
Transit systems move towards fully automated trains
The Washington and LA projects, which would take years to implement and still face financial and technical hurdles, come amid an already fierce debate over the safety risks and benefits of automated trains and whether the substantial upfront expense is worth the...
Digital payment mandatory for Optional Travel Insurance on counter ticket from Oct 27: Railway Board
“Where a passenger opts for insurance, the applicable premium shall be collected along with the ticket fare through digital means only. Staff shall ensure that where the person is opting for insurance, payment is done through digital means,” the Railway Board has said...
Data centers face downgrade risk amid local pushback, S&P says
Delays due to grid capacity constraints, environmental sustainability concerns and zoning shifts “could increase downward pressure on the creditworthiness of data center projects,” analysts including Chris Mooney wrote in a Oct. 23 report. Data centers face potential...
Govt allows use of 100 pc ethanol fuel in flex-fuel vehicles, amends emission norms
According to the Gazette notification, the government has included E100 alongside E85 in the emission standards prescribed for flex-fuel vehicles, paving the way for vehicles designed to operate on nearly pure ethanol New Delhi: The government has allowed the use of...
PM inaugurates RBI’s Rs 169-cr data centre, Cybersecurity Training Institute in Odisha
Prime Minister Narendra Modi inaugurating the Reserve Bank of India's Rs 169-crore data centre and Cybersecurity Training Institute in Bhubaneswar on Sunday The data centre will host mission-critical payment and settlement systems, along with other flagship...