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Expanding Indian EV Market: Securing Battery Insurance
Battery, making up about 60% of an EV’s total cost often doesn’t...
Amid Air India probe, US FAA, Boeing notify fuel switch locks are safe, document, sources say
The FAA's Continued Airworthiness Notification on July 11 came...
Money laundering rules to apply to crypto trade – gov’t notification
Extending India's money laundering rules to cryptocurrencies will give authorities greater authority in monitoring the transfer of these assets beyond the country's borders MUMBAI: India's money laundering laws will apply to trade in cryptocurrencies, the federal...
6 Lakh HDFC Bank customers’ personal data breached, bank denies
Data allegedly includes full names, email addresses, physical addresses, and sensitive financial data, the report mentioned. The criminals provided data samples while demanding money for the full database. HDFC Bank Cares Twitter handle on Tuesday posted that "there...
IRDAI now wants `Insurance for all’ by 2027, legal drive to expand nationwide motor TP cover to begin soon
Debasish Panda, chaIrman, IRDAI Armed wIth specific data from Vahan, a tech platform designed by the Ministry of Road Transport and Highways as a repository a of all the registered vehicles in the country, and Insurance Information Bureau(IIB) , which has data of all...
Centre saved $ 27 bn in schemes using DBT method, says Economic Affairs Secy
“And since the transfers are all direct, end to end, and swift, there is little scope for corruption and leakages and removal of duplicate/ fake beneficiaries. In our own experience, DBT has entailed a saving of more than USD 27 billion just across key central...
India to withdraw licenses for oil tankers, bulk carriers older than 25 yrs
"There is a need to modernise the Indian fleet, which requires extensive review of the requirements of the registration and operation of the ships," the Directorate General Of Shipping said in the order uploaded on its website late on Monday "Age norms will assist in...
US urges Microsoft, Twitter to strengthen Cyber security
“Technology manufacturers must take ownership of the security outcomes for their customers.Microsoft, Twitter and other technology companies should by default enroll users in basic safeguards such as multifactor authentication,” Jen Easterly, director of the...
Visa and Mastercard slow down on plans to forge new partnerships with crypto firms
The crypto industry saw a stunning reversal of fortunes in 2022 as bankruptcies of industry majors FTX and BlockFi rattled investors and increased regulatory scrutiny on the sector “Recent high-profile failures in the crypto sector are an important reminder that we...
New technology to improve cancer detection and treatment
Professor Majid Warkiani from the UTS School of Biomedical Engineering said getting a biopsy can cause discomfort to patients, as well as an increased risk of complications due to surgery and higher costs, but an accurate cancer diagnosis is vital to effective...
Global cyber-insurance market makes a comeback, Price hikes moderate
Cyber-insurance pricing increased 10% from a year earlier in January, a fraction of the 110% annual increase reported in the first quarter of 2022, preliminary data from insurance broker Marsh McLennan show. If those trends continue, prices could be set to decline,...
Some companies begin replacing human employees with ChatGPT
Companies are using ChatGPT to write codes, copywriting and content creation, customer support and preparing meeting summaries Companies that use ChatGPT said they saved money using the AI tool, with 48 per cent saved over $50,000 and 11 per cent saved over $100,000,...