Speaking at the National Conference on Economics of Competition Law...
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AI has potential to enable collusion; regulators need to adopt forward-looking approach: CCI chief
Ravneet Kaur, chairman, Competition Commission of India "Today's...
BIS cracks down on e-commerce giants over non-certified products
The standards authority has issued notices to major e-commerce...
India has eliminated all queues by going online, digital push has curbed graft, saved money: PM
Prime Minister Narendra Modi In the last eight years, he said, the DBT (Direct Benefit Transfer) initiative, which aims to transfer subsidies or financial assistance directly to eligible beneficiaries through their linked bank accounts, has saved Rs 2,23,000 crore...
Maruti Suzuki to phase out pure petrol-powered cars in 10 years
The move comes as Maruti, India's biggest car manufacturer, looks to update its product offerings in line with green targets set by the Indian government, the report said BENGALURU: Automaker Maruti Suzuki India will phase out vehicles that run completely on petrol in...
German road traffic agency asks Tesla to recall 59,000 units globally
The U.S. National Highway Traffic Safety Administration (NHTSA) early in June upgraded its probe into 830,000 Tesla vehicles with the advanced driver assistance system Autopilot, a required step before it could seek a recall Germany's road traffic agency said it was...
Big tech firms offering financial services pose risk to financial stability: RBI
FinTech innovations are ubiquitous, especially in retail and wholesale payments, financial market infrastructures, investment management, insurance, credit provision, and equity capital raising, and may lead to material changes in the financial landscape, it said....
IRDAI sets stiff annual premium targets for life insurers for next 5 yrs, eyes 6.18% penetration by 2027
To grow faster, the insurers need capital and IRDAI is planning to enlarge the basket of instruments through which they can raise capital Life Insurance Corporation has to mobilise almost a total premium Rs 16 lakh crore , HDFC Life Insurance(Rs 2.66 trillion),SBI...
Cryptocurrencies a clear danger to financial systems: RBI Governor
In the foreword to the 25th issue of the Financial Stability Report (FSR) released on Thursday, Das also said that as the financial system gets increasingly digitalised, cyber risks are growing and need special attention "We must be mindful of the emerging risks on...
Over 50K startup employees stare at job loss as India prepares for 200 unicorns
Nearly 12,000 startup employees have been shown the door to date, let by companies like Ola, Blinkit, BYJU's (White Hat Jr, Toppr), Unacademy, Vedantu, Cars24, Mobile Premier League (MPL), Lido Learning, Mfine, Trell, farEye, Furlanco and more Industry experts say...
NITI Aayog report forecasts 100 pc electric 2-wheelers penetration by FY27
The sale of electric two-wheelers may cross 220 lakh units by FY2028-29, it said. Based on the analysis, the report said that India is at a crossroads and a shift to electric mobility, particularly, in the two-wheelers segment, may happen faster than anticipated A...
Cyber pirates can now penetrate modern ships’ key operations
Hapag-Lloyd AG, Germany’s largest shipping line, announced in April that it’ll become the first carrier to equip its entire fleet of containers with real-time tracking devices. Most of the large container lines use remote sensors for functions like monitoring engine...
Digital ads dominate FY22, ASCI takes help of AI-based tracking system
In this, the education sector remains the single largest violative sector, followed by health care and personal care The Advertising Standards Council of India (ASCI) on Tuesday said it has set up a digital tracking system and is using Artificial Intelligence-based...