In its latest letter sent last week, Sebi said companies such as...
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UK orders Apple to build a backdoor to give it access to global user data
The mandate orders Apple to provide access under the UK’s...
AI dangerous tool, be it in Chinese or American hands: Delhi HC on plea to ban DeepSeek
The court’s observation came while it was hearing a petition...
Digital currency: India catches up with global fad
The currency, called 'digital rupee', will be issued by the Reserve Bank in digital form and will be fungible with physical currency. The exact regulation governing this Central Bank Digital Currency (CBDC) is yet to be finalised New Delhi: Finance minister Nirmala...
Budget-22-23: 30 pc tax on income from cryptocurrency, virtual assets; 1 pc TDS on buy/sale
Meeting demands from large sections of industry, she said the RBI will launch a 'Digital Rupee' based on blockchain technology in 2022-23 Experts said the 30 per cent tax levied on income arising from the sale of cryptocurrency is similar to the tax rate on winnings...
New smartphone app developed for rapid, sensitive Covid detection
The app uses a smartphone’s camera to measure a chemical reaction and determines a diagnosis in 25 minutes, at a fraction of the cost of current diagnostic methods “As new COVID variants emerge globally, testing and detection remain essential to pandemic control...
Economic Survey showcases development using satellite, geo-spatial images
A new chapter, 'Tracking Development through Satellite Images and Cartography', demonstrates the use of satellite and geo-spatial images to gauge various economic phenomenon such as urbanisation, infrastructure, environmental impact and farming practices, among...
Govt mandates storage of ISD, satphone, message details, others for 2 yrs
"The licensee shall maintain all commercial records, call data record, exchange detail record, IP detail record with regard to the communications exchanged on the network. Such records shall be archived for at least two years for scrutiny by the licensor for security...
China issues draft rules for fakes in cyberspace
The regulations provide for people to be protected from being impersonated without their consent by deepfakes - images that are virtually indistinguishable from the original, and easily used for manipulation or misinformation China's cyberspace regulator issued draft...
Musk’s bets on Tesla: human-like robots and self-driving cars
"I would be shocked if we do not achieve full self-driving safer than human this year. I would be shocked," Musk said, predicting full self-driving would become "the most important source of profitability for Tesla." "It's nutty good from a financial standpoint," he...
Insurtech MIC Global receives ‘In-Principle’ approval to establish Lloyd’s Syndicate 5183
Harry Croydon, CEO and president of MIC Global, said: “MIC is a spark for innovation and change in the industry. We envision a world where insurance is accessible to everyone, which means creating new ways of providing coverage by leveraging our technology and...
Nearly 30,000 Bitcoin millionaires wiped in last 3 months
"A combination of factors such as regulatory scrutiny, turbulent markets, geopolitical unrest, and Covid combined with having an adverse effect on the asset's performance. However, despite the volatile start to the year, a number of analysts continue to laud the asset...
Today only 18% of insurers are able to optimize data use for competitive advantage: Capgemini
Insurers with non-traditional, real-time data sources such as telematics, wearables and social media data will be able to meet rising customer expectations of convenience, customized advice, and dynamic pricing, and compete with InsurTech companies that are able to...