AI-focused companies dominated the quarter, accounting for 95.2% of...
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Financial Stability Risks:Artificial Intelligence fuelling Cyberattacks
Anthropic’s Claude Mythos Preview highlights rapidly escalating...
FM launches new insurance policy for manufacturers
“FM Essential brings together engineering insight, data analytics...
Sebi chief urges redefining role of independent directors as stewards of accountability
Role of independent directors requires a change in multiple areas. They must feel free to dissent and be well-versed in emerging risks such as AI governance, cyber threats, and ESG disclosures New Delhi: Capital markets regulator Sebi chief Tuhin Kanta Pandey on...
India may well become OpenAI’s largest market: CEO Sam Altman
“India is one of the most dynamic countries in the world for AI development, with adoption and innovation accelerating at remarkable speed,” said Jason Kwon, Chief Strategy Officer, OpenAI. New Delhi, India is OpenAI’s second-largest market in the world after the US,...
AI Shakeup: $283 billion Indian outsourcing sector can shed 5 million jobs
"With cost optimization being the key driver for new deal wins, clients are asking for productivity benefits - a trend which is also growing due to the rise in AI adoption. This requires IT firms to do more work with the same number of employees or the same work with...
India data breach costs reach new record level Of Rs 22 crores: IBM Report
“India's accelerating AI adoption brings immense opportunity, but it's also exposing enterprises to new and complex cyber threats. The absence of access controls and AI governance tools is not just a technical oversight; it's a strategic vulnerability. CISOs must act...
Govt extends PM E-DRIVE Scheme by two years till March 2028
According to a gazette notification on the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme, the provisions of the scheme will now be in effect till March 2028 instead of March 2026. However, the terminal date for registered e-2W...
EV sales jump 93% in July, domestic automobile retail sales declined 4.31%
"This momentum signals that India's EV transition is steadily moving beyond early adopters into mainstream consumer and fleet markets," FADA President CS Vigneshwar stated New Delhi: Electric passenger vehicle retail sales jumped 93 per cent year-on-year in July, led...
81pc Indians use Facebook,Instagram and WhatsApp to discover financial products: Report
"The digital platforms play a key role throughout the decision-making journey for specific products, including loans (86 per cent), investments (84 per cent), insurance (78 per cent), and savings (82 per cent), the report stated." said Shweta Bajpai, Director...
Deadly Floods: Need for faster and wider warnings
“Flash floods are not new, but their frequency and intensity are increasing in many regions due to rapid urbanization, land-use change and a changing climate,” said Stefan Uhlenbrook, WMO Director of Hydrology, Water and Cryosphere Scientists at the International...
APAC records significant rise in cyber claims driven by rising frequency and sophistication, Aon report
“As cyber threats grow more complex and interconnected, companies need a clearer view of their exposure,stronger alignment between cyber security and insurance strategies, and the tools to make better, data-driven decisions,” AdamPeckman, head of risk consulting and...
Earnix and Sapiens partner to unlock operational efficiency for P&C insurers in EMEA and APAC
The solution is tailored for insurers in EMEA and APAC. This innovative solution allows insurers to define products and build rates in Earnix, and seamlessly integrate them into modernised workflows in Sapiens IDITSuite’s Platform. Rochelle Park, NJ: Sapiens...