RBI Governor Shaktikanta Das highlighted efforts by the RBI to...
Category:
Technology
Latest
Truecaller partners with HDFC ERGO for Fraud Insurance in India
Alan Mamedi, CEO, Truecaller commented, "Despite offering the...
Korean explosion raises concerns over battery safety
Battery-related fires have also posed greater risks in recent years...
Daimler Recalls Thousands of Mercedes-Benz Vehicles over Diesel Emissions
In June, Daimler issued a profit warning and announced an increase of legal provisions by a high three-digit million euros amount, to cover various ongoing governmental proceedings and measures relating to diesel vehicles.
Boeing partners with Porsche on electric flying car
Earlier this year, the planemaker conducted an inaugural test flight of an aerial car prototype that could accommodate two to four passengers and fly up to 50 miles.
One in five organizations doesn’t have cyber insurance: Marsh-Microsoft Study
Among respondents to the Marsh-Microsoft Cyber Perception Survey, nearly one-third of those who said their organization estimates the potential financial costs of a cyber event projected that losses from a worst-case incident could reach into the tens of millions of dollars .
Munich Re invests $ 250m more in Next Insurance
This investment emphasises Munich Re’s commitment to be the leading provider of digital insurance solutions. It also helps Munich Re expand its footprint in the promising insurance market for small and medium-sized commercial customers in the United States. We are confident that building on our proven collaboration will benefit both Munich Re and Next Insurance,”Joachim Wenning, chairman, Munich Re
Fundamental changes to insurers current model unavoidable:WITR 2019
The roadmap to the future requires insurers to break internal silos, seamlessly connect with ecosystem players, and become inventive. Inventive Insurer competencies cover intelligent processes, open platforms,customer centricity, and an innovative corporate mindset, according to WITR 2019 research and analysis.
With 150 million drivers, India has only 8000 electric cars
India had an estimated 650 charging stations for cars and SUVs in 2018, according to BNEF. China, the largest market for EVs, has about 456,000 charging points, official data shows.India’s sparse charging infrastructure stems from locals’ chicken-and-egg approach to the issue.
Only 10% of Indian CEOs confident about reliability of AI applications: PwC
The worrying part is that Indian respondents (53 per cent) significantly outnumber their global counterparts (36 per cent) in admitting that they have no formal approach to identify AI risks
300 mn Indians lifted above poverty line in last 14 years: NITI Aayog
The semiconductor industry is backbone to emerging technologies such as Artificial Intelligence, Machine Learning and Internet of Things and India is pioneering in the sector presenting growth opportunities.
Google faces $3.9B iPhone privacy lawsuit after London court reinstates case
“This case, quite properly if the allegations are proved, seeks to call Google to account for its allegedly wholesale and deliberate misuse of personal data without consent, undertaken with a view to a commercial profit,” Judge Geoffrey Vos said Wednesday in the ruling.
India has potential to become one of the largest electric vehicles markets: Report
The uptake of EVs has been slow in the country due to the high upfront as well as lifecycle costs cost but long-term investment in research and development (R&D) will create sustained growth, according to the report by the World Economic Forum and Ola Mobility Institute.