The key priorities for the India-UK Economic and Financial Dialogue...
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Govt showcases new Aadhaar app for instant authentication, says verification will be as simple as UPI payment
"Now with just a tap, users can share only the necessary data,...
Flipkart fined Rs1.06 cr for flouting IRDAI norms
Flipkart Internet Pvt Ltd ( FIPL) is a registered corporate agent...
48 lakh Demat accounts opened in India during July-September quarter: CDSL
"Today using CDSL's services, the investors have the power to hold, operate and monitor their investments safely, from the comfort of their homes. Additionally, our services like e-AGM, e-voting, etc. empower the shareholders to connect with the companies...
IRDAI forms panel to design a women centric distribution channel and parametric cover for rural population
The committee within 21 days will also explore and recommend on how to bring about synergies in the working and operations of Bima Vahak, Bima Vistaar and the digital platform – Bima Sugam Hyderabad: As the IRDAI is taking up various regulatory reforms towards...
Automakers to double spending on EVs, batteries to $1.2 trillion by 2030
To support that unprecedented level of EVs, carmakers and their battery partners are planning to install 5.8 terawatt-hours of battery production capacity by 2030, according to data from Benchmark Mineral Intelligence and the manufacturers The world's top automakers...
Fitbit sued in Australia for misleading consumers on faulty devices
The Australian Competition and Consumer Commission (ACCC) said between May 2020 and February 2022, Fitbit claimed consumers will not be entitled to a refund unless they returned a faulty product within 45 days of purchase or shipment, which is in not in accordance...
Australia flags new corporate penalties for privacy breaches
Unknown cyber criminals this week demanded ransom from Australia's largest health insurer, Medibank, after claiming to have stolen 200 gigabytes of customers' data including medical diagnoses and treatments The thieves have reportedly threatened to make public the...
Amazon faces $1B class action lawsuit in the UK over Buy Box
The litigation is being spearheaded by the law firm Hausfeld & Co LLP, which said in a news release that anyone who lives in the U.K. and made purchases on Amazon since October 2016 is eligible to be a claimant. Amazon is facing a USD 1 billion class action...
Maha govt eyes to make use of satellites for crop damage assessment and payout to farmers
Maharashtra Deputy Chief Minister Devendra Fadnavis said, “Satellite-based crop damage assessment and compensation will be a game changer in this sector. The satellite images will decide the intensity of crop damage and go on to make compensatory payment to farmers.”...
BMW chief warns against setting gas-powered phase-out date
Oliver Zipse, chairman,BMW "We don't want cars to be taken away out of the base segment, politically that's super dangerous," Zipse said. "If you all of a sudden make car ownership only for rich people, it's a dangerous thing." US President Joe Biden has called for...
Rise and fall of ‘Covid Billionaires’, 26 from Asia
Out of the 58 Covid billionaires, 26 have citizenships in Asia, 18 hail from the US and Canada, and 10 from Europe. Just two are female: Falguni Nayar — founder of India’s first woman-led unicorn to go public, beauty retailer Nykaa — and Denise Coates, the co-CEO and...
Union Minister Jitendra Singh launches integrated portal for pensioners
The portal – www.ipension.nic.in – will act as a one-stop solution for all the pensioners' needs. New Delhi: Union Minister Jitendar Singh on Tuesday launched an integrated portal aimed at ensuring “ease of living” for the central government pensioners. The portal –...