"Right now we are in a conversation regarding deepfakes, regarding...
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PSU banks and insurers playing a central role in advancing national priorities: Govt
(Lto R) R Doraiswamy, CEO &MD, LIC, CS Shetty,Chairman, SBI and...
Goa govt studying possibility of restriction on social media use for children below 16: Minister
"The state plans to constitute a task force comprising...
Finance ministry asks pvt banks to increase their participation in implementation of govt schemes
M Nagaraju, Secretary,Department of Financial Services "Secretary directed private sector banks to increase their participation in implementation of govt schemes. He stressed upon fast settlement of the claims under Jansuraksha schemes, augmentation of banking...
PwC’s AI chief says firm has cut prices as tech saves staff time
``Clients would hear us talking about using AI and say, We want our fair share of those efficiencies. We certainly, as appropriate, give our clients the pricing benefit of the efficiencies we’re achieving. Like it’s competitors, PwC helps clients integrate...
‘Bloody terrified’: Flying anxiety peaks in India after fatal Air India crash
Some travellers are becoming more choosy in selecting their airline and aircraft (Boeing or Airbus) while others are so anxious they are taking more drastic steps by rescheduling or cancelling their air travel plans altogether. Retired Air Force officer Dinesh K. has...
Govt proposes to make two helmets mandatory for new 2-wheelers
From January 1, 2026, all new L2 category two-wheelers, which include motorcycles and scooters with engine capacity above 50cc or top speeds exceeding 50 km/h--will need to be fitted with Anti-lock Braking Systems (ABS) New Delhi:The government has proposed to make it...
RBI issues directions on AePS operators onboarding to enhance security
The RBI has asked the acquiring bank to carry out due diligence of all ATOs before onboarding the AePS Touchpoint Operator (ATO), which is the same as the one followed while acquiring a customer, as per the directions. Mumbai: The Reserve Bank on Friday issued...
Bihar govt ropes in IIT Delhi IIT Patna to audit 85 major bridges
The new policy targets safety enhancements across 3,968 bridges, including 532 mega structures built over the last 18 years New Delhi: The Bihar government has roped in IIT Delhi and IIT Patna to audit 85 major bridges under its newly launched Bihar State Bridge...
DoT proposes changes in cyber security rules to curb frauds by misusing phone numbers
The draft cyber security rules published on June 24 proposed to create a new platform for phone number validation and also includes those entities that use phone numbers to identify customers like banks using phone numbers for UPI transactions New Delhi:The Department...
Cyberattack disruption at London hospitals contributed to patient death
“We are deeply saddened to hear that last year’s criminal cyberattack has been identified as one of the contributing factors that led to this patient’s death,” said Synnovis Chief Executive Officer Mark Dollar in a statement A cyberattack that caused disruption at...
Over 8.5 lakh mule accounts in 700 bank branches used by cyber criminals CBI
The CBI has found that these mule accounts -- established using falsified identification documents -- were primarily used as conduits for siphoning funds from unsuspecting victims. New Delhi: The CBI has detected 8.50 lakh mule bank accounts in over 700 branches...
India witnesses surge in millionaires, outpacing Asia Pacific; eyes 55% rise by 2029
``India's wealth management market is undergoing a seismic shift, with the number of dollar millionaires expected to grow by over 55 per cent from 2024 to 2029--far outpacing the global average of 21 per cent. A generational wave of first-time wealth creators,...