Thomas Blunck, CEO, Reinsurance, Munich Re: “As digitalization...
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North Korean fake IT experts infiltrate European firms: Google
The workers falsely claim to be from countries including Italy,...
Over 13 lakh electric 2-wheeler 3W sold in FY25: Govt
"In the Financial Year 2024-25, a total of 11,49,334 electric...
Govt declares ICICI, HDFC, NPCI’s IT resources as critical information infra
''Looking at the recent sophisticated cyber attacks, it is high time all the banks and financial institutions get themselves notified as a protected system.''Similarly, the control system of all the electricity, oil, airports, railways, metros and transport systems...
Bitcoin slides below $20,000 to lowest since December 2020
"Breaking $20,000 shows you that confidence has collapsed for the crypto industry and that you're seeing the latest stresses," said Edward Moya, Senior Market Analyst, The Americas OANDA, on Saturday. Moya said that "even the loudest crypto cheerleaders from the big...
Co-WIN platform will be used for transparent organ, blood donation says Dr RS Sharma
"Nobody knows if there is any person nearby who can donate the blood. We will put everybody on this blood donation platform which can become an extremely dynamic blood donation platform. Through Co-WIN you can see which vaccines are available, likewise for blood, you...
Japan’s ‘Famtech’ technology focussing on female employees health
Tokyo: Companies in Japan are introducing "Famtech" or "Female technology under which, attention is being paid to the health of female employees and not just to the superficial beauty. This initiative is undertaken by the Ministry of Economy, Trade and Industry in...
China’s digital yuan extends usage into finance scenarios
Transactions using e-CNY totaled 87.6 billion yuan at the end of 2021, with 261 million individual e-wallets opened, according to the central bank The People's Bank of China is a front-runner in developing and issuing a central bank digital currency (CBDC), which in...
Big tech’s financial services play poses systemic concerns like overleverage: RBI Governor Das
Shaktikanta Das,Governor,RBI The entry of firms like Google, Amazon, and Facebook (Meta), referred to as big tech companies, also poses question marks around competition and data privacy. Das said deploying harsh recovery methods like calling up at odd hours or using...
Global M&A: With optimism headwinds persist in wake of COVID-19 Pandemic, Aon study
Average enterprise values on deals with insurance increased worldwide: in Asia, the average deal had an enterprise value of $516 million, up 157% on 2020; LONDON: Aon plc has released the latest edition of their global M&A Risk in Review Opens in a new tabreport....
Kotak General Insurance partners with PhonePe to offer motor insurance
Kotak Mahindra General Insurance (Kotak General Insurance) has partnered with PhonePe Insurance Broking Services Pvt. Ltd (PhonePe), India’s leading digital payments platform to offer motor insurance to 380 million customers on the PhonePe platform. Suresh Agarwal,...
From crypto Picassos to frozen anthrax: Swiss Re scans horizon for emerging risks
The security of the new digital financial economy is also facing new risks. With quantum computing, for example, a new generation of computers is on the verge of completing tasks far beyond the reach of current machines These hyper-smart technologies offer significant...
Nearly 70% of car crashes linked to ‘self-driving’ in US were Tesla: Report
The report mentioned that out of 392 crashes, 273 were Tesla vehicles using Autopilot or the Full Self-Driving (FSD) beta. Honda cars were tied to 90 incidents, while Subaru models were involved in 10. Other makes, including Ford, GM, VW and Toyota, had five incidents...