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India and UK to collaborate on developing financial regulations
Participants from India and UK touched upon reforms in respective...
E-commerce to adopt Safety Pledge to protect online consumers on Dec 24
With India projected to have 500 million online shoppers by 2030...
Centrica, Nestle, Swatch among companies exposed to physical climate risks – investors
The companies, which are involved in energy and mining, food, pharmaceuticals or technology manufacturing or transport and utilities, are more exposed to issues such as flooding than other companies in their sector and region, the Institutional Investors Group on Climate Change (IIGCC) said.In a letter to the European, Asian and U.S. companies from more than 50 IIGCC members, the investors asked the firms to identify properly and respond to events such as flooding, droughts and extreme heat.
PM Modi to announce nationwide rollout of Pradhan Mantri Digital Health Mission on September 27
The PMDHM will create a nationwide digital health infrastructure to provide universal health coverage with health IDs for for all citizens, Unique Identifiers for doctors and health facilities, Personal Health Records, and telemedicine and e-pharmacy, among other components.
Google suing India antitrust watchdog for investigation report leak
In Thursday’s statement the company said it had filed a legal challenge against the CCI at the Delhi High Court “to prevent any further unlawful disclosures of confidential findings.”
Google said it was “protesting against the breach of confidence which impairs Google’s ability to defend itself and harms Google and its partners.”
As workers age, robots take on more jobs: study
“Aging is a huge part of the story” in robot adoption, said Daron Acemoglu, an economist at the Massachusetts Institute of Technology who conducted the study with Pascual Restrepo of Boston University.
The research fits a longstanding trend of countries such as South Korea and Germany – which both have very rapidly aging workforces – also being among the world’s fastest adopters of robots, based on the number of robots per human worker they deploy.
Study probes how ejections from Sun’s corona influence space weather predictions
Space weather refers to the conditions in the solar wind and near-Earth space, which can adversely affect the performance of space-borne and ground-based technological systems.
An example of space weather events is the geomagnetic storm, a perturbation in the Earth’s magnetic field, which can last for a few hours to a few days. Understanding of how events in the solar atmosphere influence space weather is necessary for monitoring and maintaining our satellites.
Telangana-Wingsure pact to provide AI-driven insurance advisory services to farmers
Farmers are vulnerable to the impact of climate change and other livelihood risks. They have sub-optimal access to risk awareness programs, modern resources, and government-backed schemes.
The alliance is among the first in the global farming ecosystem and will help Telangana to promote social inclusion and digital transformation in Indian agriculture. Overall, it will support the government’s objectives to promote economic empowerment and offer opportunities for collaboration, innovation of value chains, growth, and job creation.
Underserved farmers in the state will access diverse insurance solutions with rapid claim resolution through mobile phones using the Wingsure app.
German auto giants place their bets on hydrogen cars
Stephan Herbst, general manager of Toyota in Europe, speaking in his role as a member of the Hydrogen Council business group, which forecasts that hydrogen will power more than 400 million cars by 2050, said he was confident that now governments had set ambitious carbon-reduction targets, they would push hydrogen alongside battery electric cars.
“We strongly believe this is not a question of either or,” he added. “We need both technologies.”
Aviation industry sets out green goals
Alternative fuels, lightweight materials and a long-awaited overhaul of air traffic systems are needed, Airbus said.
. Only 10% of planes in service already use the cleanest technology available today, Airbus said.
Facebook spent over $13 bln on safety, security since 2016
Facebook played down the negative effects on young users of its Instagram app and had a weak response to alarms raised by employees over how the platform is used in developing countries by human traffickers, the Wall Street Journal reported last week, citing a review of internal company documents. read more
“In the past, we didn’t address safety and security challenges early enough in the product development process,” the company said in a blog post. “But we have fundamentally changed that approach.”
Biden sanctions cryptocurrency exchange over ransomware attacks
The Treasury Department accuses Suex OTC, S.R.O. of facilitating transactions involving illicit proceeds for at least eight ransomware variants, marking its first such move against a virtual currency exchange over ransomware activity.
Hackers use ransomware to take down systems that control everything from hospital billing to manufacturing. They stop only after receiving hefty payments, typically paid in cryptocurrency.
Attacks are increasing in scale, sophistication and scope, the Treasury said. In 2020 ransomware payments reached over $400 million, more than four times the level in 2019, Anne Neuberger, deputy national security adviser for cyber, told reporters on the call.