“India's accelerating AI adoption brings immense opportunity, but...
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Govt extends PM E-DRIVE Scheme by two years till March 2028
According to a gazette notification on the PM Electric Drive...
EV sales jump 93% in July, domestic automobile retail sales declined 4.31%
"This momentum signals that India's EV transition is steadily...
Google backs creation of cybersecurity clinics with $20 mn donation
Sundar Pichai,CEO,Google Google CEO Sundar Pichai said the new initiative addresses both the rising number of cyberattacks up 38 per cent globally in 2022 and the lack of candidates trained to stop them. While many groups think there is nothing they can do against a...
U.S. bank regulators considering tougher rules for banks over $100 bln in size
FDIC Chairman Martin Gruenberg said in a speech the spring turmoil in the banking sector showed firms of that size pose a risk to the financial system and merit stricter oversight. Three banks failed during the spring, requiring regulators to step in and backstop...
Lawsuit: Insufficient prototype testing could put Titanic sub passengers in ‘extreme danger’
David Lochridge, OceanGate’s director of marine operations, wrote an engineering report in 2018 that said the craft under development needed more testing and that passengers might be endangered when it reached “extreme depths,” according to a lawsuit filed that year...
InLife Health Care partners with Munich Re HealthTech
With SMAART, IHC executives will be able to have detailed information about key performance indicators of the business, including loss ratio, ultimate loss ratio, burning costs, incurred claims and ultimate claims Athens: Munich Re HealthTech S.A. today announced that...
Digital crop survey in 19 UP districts
The development comes less than a month after the Centre signed an agreement with six states, including Uttar Pradesh, Assam, Madhya Pradesh, Odisha and Rajasthan, to begin the digital crop survey Additional Chief Secretary (agriculture) Devesh Chaturvedi said that...
Henkel’s Chennai plant achieves carbon neutrality
The switch to zero carbon footprint was achieved at the Chennai plant by drawing electricity from on- and offsite renewable energy sources, along with the deployment of energy efficient solutions such as LED lighting, smart motion sensors and natural lighting Mumbai:...
Behind aviation recovery, suppliers struggle to keep up
But there is an emerging consensus that the industry’s sprawling supply chain – strained by rising costs, parts shortages and a scarcity of skilled labor in the wake of the pandemic – will have to be remade before it can recover fully, a process that will take years...
Microsoft says early June disruptions to Outlook, Cloud Platform were cyberattacks
A spokeswoman confirmed that the group that calls itself Anonymous Sudan was behind the attacks. It claimed responsibility on its Telegram social media channel at the time. Some security researchers believe the group to be Russian In early June, sporadic but serious...
Rising cyberttack on EU’s renewable sector, nightmares for European power chiefs
Sophistication of Russian cyberattacks against Ukraine had provided a wake-up call to how vulnerable digitalized and interconnected power systems could be to attackers. They’re nervously monitoring a hybrid war where physical energy infrastructure has already been...
IRDAI fine-tuning Bima Sugam plans, revamping claim settlement process and ombudsman network: Chairman
(Lto R) SN Rajeswari, member(Distribution), IRDAI, Debasish Panda, chairman,IRDAI, Sumit Bohra, president,Insurance Brokers Association at the Annual Brokers' Meet in Mumbai on Friday "We are working to make the platform and the product as glitch-free as possible,"...