According to the report, the firm has identified at least 20 active...
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Govt undertaking special drive to enable cooperative banks to become insurance distributors: Amit Shah
Amit Shah,Union Minister for Home and Cooperation Under the...
Govt says Air India plane crash probe report will be out “very soon”
"Regarding the AI171 crash that happened in June last year, the...
Airbus issues major A320 recall, threatening global flight disruption
The advisory follows an unnerving incident on Oct. 30 involving a JetBlue plane flying from Cancun to Newark, New Jersey, that suffered a computer glitch, resulting in a sudden unexpected downward pitch without pilot input. Nobody was injured, and the jet diverted to...
DGCA asks Indian operators to immediately carry out requisite software upgrades in 338 A320 family aircraft
Airbus said intense solar radiation might corrupt data critical to flight controls in a significant number of A320 family aircraft and that the software changes required to fix the issue would lead to operational disruptions New Delhi: As many as 338 A320 family...
New telecom cybersecurity rules in force, DoT clarifies enforcement status
The TCS Amendment Rules, 2025, notified in October, introduce new frameworks intended to strengthen India's cyber resilience and enhance security around telecom identifiers amid their growing use across banking, e-commerce and governance platforms The Department of...
New labour Codes vow to make India’s workplaces safer, fairer, equitable for women
Union Labour and Employment Minister Mansukh Mandaviya said that these Codes are both pro-worker and pro-growth, establishing a strong foundation for universal social security, fair and timely wages, safer workplaces, formal recognition for emerging segments such as...
US court of appeals upholds USD 194 mn damages against TCS in CSC DXC trade secrets dispute
In June last year, a US court had ruled that TCS is liable for misappropriation of trade secrets and levied penal charges of around USD 194 million on the IT major. The company is evaluating various options, including review and appeal before appropriate courts, and...
UN climate deal increases money to countries hit by climate change, but no explicit fossil fuel plan
“I cannot pretend that COP30 has delivered everything that is needed. The gap between where we are and what science demands remains dangerously wide.”U.N. Secretary-General Antonio Guterres BELEM, Brazil: After two weeks of negotiations, this year’s United Nations...
Probe agencies can’t freeze bank accounts involved in cyber fraud transactions:HC
A probe agency can put the disputed amount on lien, but cannot freeze the entire account, said a bench of Justices Anil Pansare and Raj Wakode at Nagpur in a judgment passed on Thursday Mumbai: In a significant ruling, the Bombay High Court has held that probe...
Systemic leakages of Rs 10 000 cr annually in insurance sector eroding trust: Report
To address this, the report outlined a three-pillar framework of prevention, detection, and deterrence, underpinned by the enablers of standardisation, technology, and data interoperability NEW DELHI: Systemic leakages due to fraud, waste, and abuse (FWA) of...
Women in Insurance India (WIIN) launches India’s first industry-focused accelerator program to advance equity, innovation & leadership
Speaking about the launch, Soni Srivastava, Co-founder, Women in Insurance India, said, “The insurance sector has always been a story of resilience. Yet, as women reach mid-career, their presence fades from view. The WIIN Accelerator is building the space to nurture...
Agentic AI can improve detection of finance-related crimes, sector currently detects only 2% of it: McKinsey
The report highlighted that agentic AI, an evolution of analytical AI, could significantly improve automation and productivity across the client life cycle and help banks tackle long-standing KYC/AML (know-your-customer and anti-money-laundering) challenges. New...