Coming under the civil aviation ministry, AAIB is responsible for...
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Banks seek power to freeze accounts in illicit transactions cases to rein in cyber fraud
``Banks freeze/block accounts based on internal triggers, however,...
WhatsApp faces outage In India, Users report issues with sending messages
Earlier in the day, many people even faced difficulties while...
Grievance Appellate Committee contours in 10-12 days; panel to be in place by Nov 30: Rajeev Chandrasekhar
Rajeev Chandrasekhar,Union IT minister The minister asserted that compliance of IT rules and laws is not ''pick and choose'' or ''cherry picking'' option for social media platforms, and made it clear that the government will not be a mute spectator to tussle between...
RBI starts pilot digital currency program for select banks
The e-rupee will be tested for retail use within a month in some locations, the Reserve Bank of India said on Monday. The launch comes as India steps up its fight against private digital currencies. Officials announced a new tax regime this year that decimated volumes...
International Road Federation to launch blockchain-based digital platform on road safety
It will contain login-based specific and secured information about road users, including their driving licence, safe driving scores, validity of licence, insurance policy, e-challan and penalties, if any, as well as vehicle details such as registration, challan and...
Global investments in InsurTechs fall 2.5% to $2.35 billion in Q2 2022
In this most recent quarter, 53.5% of all disclosed APAC funding went into India-based InsurTechs, which raised an impressive $210.76 million. In terms of all deals ever completed, InsurTechs from 18 APAC countries have raised $7.77 billion through 447 deals , which...
Cricket-Kohli appalled by invasion of privacy after hotel room filmed
"But this video here is appalling and it's made me feel very paranoid about my privacy. If I cannot have privacy in my own hotel room, then where can I really expect any personal space at all? "I'm not okay with this kind of fanaticism and absolute invasion of...
Car or robot? Unlocking the future of autonomous vehicles
The successful adoption of autonomous vehicles in and by cities also requires innovative policies. Regulatory bodies need to emphasize how these vehicles interact with pedestrians and other vulnerable road users not only algorithmically but also through...
Cyber officials from 37 countries, 13 companies to meet on ransomware in Washington
One key topic for discussion will be how to disrupt such attacks, counter the illicit movement of cryptocurrencies and build resilience against such attacks, the official said The White House hopes the meeting will allow participating countries to "institute a set of...
RBI to launch first pilot of Digital Rupee on Tuesday
Settlement in central bank money would reduce transaction costs by pre-empting the need for settlement guarantee infrastructure or for collateral to mitigate settlement risk Nine banks -- State Bank of India (SBI), Bank of Baroda, Union Bank of India, HDFC Bank, ICICI...
Bima Sugam to be game changer for insurance sector: IRDAI Chief
"So it's like a shopping mall. So you go and shop there. And as far as the KYC is concerned, the moment you enter the portal, type your Aadhaar number, the data will auto populate. The KYC will be done through your Aadhaar number which will be masked for security...
‘IT rules give 72 hours but remove illegal content as fast as possible’
Rajeev Chandrasekhar, Union IT Minister The complaints around illegal content could range from child sexual abuse material to nudity to trademark and patent infringements, misinformation, impersonation of another person, content threatening the unity and integrity of...