Overall, India's crypto market is expected to grow to more than $15...
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Google set to be charged with breaching EU rules
The European Commission has been investigating Google for potential...
Financial, capacity constraints of EU’s carbon border policy may disrupt India’s steel sector: Study
Being implemented since October 2023, the Carbon Border Adjustment...
IBA and 2 Insurance Councils want an IT vendor for setting up a single repositary for 35 crore Jan Suraksha schemes
`The existing data of Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana of approximately more than 35 crore customers since the start of the schemes(2015) need to be migrated from the individual/banks and insurers to the repository,’’...
US cyber insurance payouts increase amid rising claims, premium hikes
Cyber insurance direct written premiums in US grew by 74% in 2021 to over $4.8 bil., according to statutory financial data from the “Cybersecurity and Identity Theft Insurance Coverage Supplement.” Premiums for standalone coverage increased by 92% to over $3.1 billion...
FM Sitharaman flags anonymity as ‘inherent risk’ in use of blockchain
Finance Minister Nirmala Sitharaman The finance minister made it clear that using the distributed ledger technology (DLT), which is also called as blockchain, is absolutely imperative and the government also supports the use of the same the anonymity is what … one...
Faulty battery cells, modules likely caused e-scooter fire in India, initial probe finds
"As per the preliminary assessment of these experts, there was no fault of the Ola battery management system at all and it was likely an isolated thermal incident," a company spokesperson said in a statement India wants e-scooters and e-bikes to make up 80% of total...
Global tech industry body seeks revision in India’s directive on reporting of cyber security breach
ITI has raised concerns over the mandatory reporting of breach incidents within six hours of noticing, to enable logs of all ICT systems and maintain them within Indian jurisdiction for 180 days, the overbroad definition of reportable incidents and the requirement...
White House to boost support for quantum technology while boosting cybersecurity
The memorandum offers a road map to federal agencies to update their information technology systems to help defend against complex quantum attacks, establishing goals and milestones. It also establishes a working group between the public and private sectors to...
Apple hit with EU antitrust charge over mobile payments technology
"We have indications that Apple restricted third-party access to key technology necessary to develop rival mobile wallet solutions on Apple's devices," EU antitrust chief Margrethe Vestager said in a statement BRUSSELS: Apple faces a possible hefty fine and may have...
EV fire incidents will be probed; industry bound to grow beyond our imagination: Transport Secy
Recently, Road Transport and Highways Minister Nitin Gadkari, who is known for his frank views, had said the companies found negligent will be penalized and a recall of all defective vehicles will be ordered after the expert panel submits its report. New Delhi: Amid...
Indian Inc mandatorily has to report all cyber incidents to CERT-In: Govt
.“To effectvly fight cybercrime, all companies n enterprises must mandatorily report cyber incidents to @IndianCERT, New #CyberSecurity directions for a #SafeAndTrusted Internet issued under Sec 70b of IT Act,” said Union Minister of state for Electronics and IT...
Record global InsurTech funding of $15.8 billion in 2021:Report
By the end of 2021, an enormous $41.65 billion had been invested globally into InsurTechs across 2,249 deals in 63 countries. It included 99 mega-round deals, which accounted for $21.88 billion of the total. Therefore, more than half of all the investment (52%)...