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Centre introduces ‘Entity Locker’ for smooth business document management
Entity Locker is built on a robust technological framework that...
‘In the last 7-8 years, about 98 % of land records have been digitized’: PM Modi
Prime Minister Narendra Modi The SVAMITVA scheme, launched in 2020,...
U.S. tightens travel rules as more countries secure borders to quell Omicron
Investors remained on edge on Wednesday, even as financial markets came off lows plumbed a day earlier following remarks by the CEO of Moderna that raised questions about the efficacy of COVID-19 vaccines against Omicron. In an attempt to stave off hasty border curbs,...
China sets rules to safeguard drivers’ rights in ride-hailing industry
In a statement, the transport ministry said ride-hailing companies should improve income distribution mechanisms. It also said anti-monopoly measures will be stepped up against such companies and a “disorderly expansion of capital” will be prevented in the sector.The...
Majority of urban Indians comfortable with automation at homes, online shopping: Report
Almost half of (47 per cent) the consumers in India think that the banking and financial services will be more profoundly impacted by AI, followed by manufacturing (44 per cent), education (42 per cent) and communications (41 per cent), the report noted. Among urban...
DBS Bank India introduces an industry-first digital & paperless trade financing solution
The bank now digitally validates the e-Way Bill (i.e. proof of movement of goods) for the purpose of establishing the genuineness of underlying trade transactions. The adoption of this approach has enabled DBS to process transactions quicker without the need to obtain...
WTW unveils new partnership to develop digital solution for to global insurance market
Combining Willis Towers Watson’s Radar Live with CodeEast's ONEview digital insurance platform provides a solution that maximises profit margins through real-time risk assessment and reduces operational costs by deploying state-of-the-art insurance product...
HDI Global insures mobile crypto wallets from Hoyos Integrity
"Increasingly high-value assets are being stored in digital form as a result of the boom in cryptocurrencies. As such, hot wallets are therefore more and more often the target for hacker attacks.Through our insurance solution for Hoyos we are making an important...
Construction companies to see robust growth and “new age” risks post-Covid:ALLIANZ
“Covid-19 has brought about a new age for the construction industry,” says Yann Dreyer, Global Practice Group Leader for Construction in the global Energy & Construction team at AGCS. “While construction projects continued during the pandemic, and further growth...
Centre introduces unique face recognition technology for pensioners
The Minister said that the Department of Pension has been extensively using technology to achieve this end, be it the introduction of Digital Life Certificate, the introduction of an intelligent common software "Bhavishya" for all Government of India Ministries for...
No proposal to recognise Bitcoin as a currency: FM
Finance Minister Nirmala Sitharaman The government plans to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 in the ongoing Winter Session of Parliament. The Bill seeks to ban all but a few private cryptocurrencies to promote...
India leading way in world of start-ups, says PM Modi
Indian Prime Minister Narendra Modi "This is the era of start-ups and it is also true that today India is leading the way in the world of start-ups. Start-ups here are getting record investments year after year. This sector is progressing very fast. In just 10 months,...