M.Nagaraju, Secretary, DFS Nagaraju underscored the need to expand...
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PSU banks looks to scale up IT spend in view of cyber threat posed by Anthropic Mythos
Mythos’ advanced coding capabilities give it an unprecedented...
Scindia launches nationwide mobile alert system for disaster emergencies
Jyotiraditya Scindia,Union Minister of Communications Cell...
Cyber Insurance in India: Premiums, Ransomware and the AI
At this time the Indian cyber premium pool is expanding rapidly — industry estimates place market size in about one thousand of crores and forecast double-digit growth with cumulative premium estimate of about ₹60Bn for FY ending 2026. Vibhaw Kumar, Executive Vice...
India AI Governance Guidelines do not allow unrestricted deployment of high-risk AI systems: Govt
Jitin Prasada,Union Minister of State for Electronics and Information Technology It can also pose risks to individuals and society. Some of these include bias, discrimination, unfair outcomes, exclusion, and lack of transparency New Delhi:The India AI Governance...
Munich Re and Germany’s KfW Development Bank launch a state-backed geothermal risk insurance
Geothermal power is an abundant energy source that can provide clean electricity and heat crucial for meeting net zero goals, and is expected to make up a sizable share of Germany’s future heating needs. But the big upfront costs needed for drilling can often exceed...
Cyber crimes surge over 60 pc in last three years: Centre
Minister of State (MoS) for Home Affairs Bandi Sanjay Kumar said that more than Rs 7,130 crore has been saved since 2021 through timely reporting on the Citizen Financial Cyber Fraud Reporting and Management System, covering over 23.02 lakh complaints. Additionally,...
Malaysia’s largest online insurance aggregator mulls IPO in next two years
The success of Ant Group Co., the operator of China’s ubiquitous financial services app Alipay, inspired Low to start Bjak in 2019. While insurance technology is well established in markets like the UK, it is at different stages of maturity across Asia, he said.Bjak...
New Nuclear Bill spares suppliers from accident liability
The new bill, named the Sustainable Harnessing of Advancement of Nuclear Energy for Transforming India(SHANTI) Bill, 2025, drops a rule that let operators sue suppliers for equipment defects, a provision foreign suppliers have long opposed. Foreign suppliers include...
IndusInd General announces strategic partnership with Citroën
IndusInd General Insurance (formerly known as Reliance General Insurance) announced a strategic partnership with Citroën for providing comprehensive coverage to Citroën customers. Apart from cashless claim settlements and minimal paperwork, Citroën customers can...
Rising GPS interference incidents a concern: Global airlines grouping IATA
Global Positioning System (GPS)/ Global Navigation Satellite System (GNSS) spoofing and jamming refers to attempts to manipulate a user's navigation system by giving false signals. GENEVA/ NEW DELHI: Increasing incidents of flights experiencing GPS spoofing and...
Reddit sues Australia over social media ban, citing free speech threat
The San Francisco-based firm, which ranks Australia among its biggest markets, said in a High Court filing that the ban should be declared invalid because it interfered with free political communication implied by the country’s constitution. Message board website...
CBDCs more superior to Stablecoins as they satisfy all attributes of money: RBI DG T Rabi Sankar
"Stablecoins can undermine trust in the currency and finance system. India already benefits from a payments landscape that is highly efficient, reliable, and robust. Systems such as UPI, RTGS, and NEFT provide fast, low-cost, and secure payment capabilities to...