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Here is a masonry blog layout with no sidebar3 out of 9 foreign reinsurers in India record a net profit of Rs 70 cr in 2017-18
The IRDAI , in view of the recent developments in the reinsurance scenario in the country, has carried out a comprehensive review of the extant reinsurance framework in concurrence with the dynamic needs of the industry. The new architecture will strive to act as a catalyst in India’s journey to establish as a global reinsurance hub, in near future.
Indian Terrorism Pool premium expands by 10 % to Rs 516 cr in 2017-18
Global natural disasters wreak $160 bn damage in 2018; worst losses in US
Ministry to question IndiGo, GoAir, others on Pratt & Whitney engine woes
RBI sets up panel under Nandan Nilekani to boost digital payments
The panel has been tasked with reviewing the existing status of digitisation of payments in the country, identifying the current gaps in the ecosystem and suggesting ways to bridge them and assessing the current levels of digital payments in financial inclusion. It will also “suggest measures to strengthen the safety and security of digital payments… (and) a road map for increasing customer confidence and trust while accessing financial services through digital modes”.
Colossal erosion transformed ancient Earth’s surface: Study
Swiss Re launches FLOW, insurance for companies exposed to high or low water levels
Long way before AI systems take over humans jobs: Study
Researchers at university of California, Los Angeles (UCLA) in the US conducted various experiments which showed that it is easy to fool the deep learning neural networks.”The machines have severe limitations that we need to understand,” said Philip Kellman, a UCLA professor and senior author of the study published in the journal PLOS Computational Biology
RBI issues guidelines for tokenisation of card transactions
RBI has given permission to offer tokenised card transactions services to all channels such as near field communication (NFC), magnetic secure transmission (MST) based contactless transactions, in-app payments, QR code-based payments or token storage mechanisms, including cloud, secure element and trusted execution environment.
Los Angeles releases Earthquake Warning App
Domestic airlines inducted 100 plus aircraft in 2018
Majority of the planes inducted by the carriers last year, according to available figures, were Airbus A320 neos, with four carriers – IndiGo, GoAir, Air India and Vistara – taking deliveries of more than 60 of these planes besides other types of aircraft.
At present, these carriers together have over 660 planes. Budget carrier IndiGo has 206 planes including A320 neos, while both Air India and Jet Airways have 125 and 124 aircraft, respectively, in their fleets.
Aadhaar savings can fund 3 schemes of the size of Ayushman Bharat: Jaitley
Linking Aadhaar and driving licence to be mandatory soon: Law minister
“At presently, what happens is that the guilty person who causes an accident flees the scene and gets a duplicate licence. This helps him go scot-free. However, with the Aadhaar linkage you can change your name but you cannot change your biometrics, neither iris nor fingerprints. So the moment you go in for a duplicate licence, the system will say this person already has a driving licence and should not be given a new one,” said Prasad, explaining the need for the linkage.
GST panel for Kerala levying 1% cess for 2 yrs to fund flood rehabilitation
262 terror attacks killed 595 people in Pakistan in 2018: Report
“Balochistan was the only region where terrorism-related killings surged, by over 23 per cent, when compared to 2017; most of these fatalities resulted from attacks by religiously-inspired militant groups,” according to the report.
Around 171 attacks in entire Pakistan were perpetrated by the Tehreek-e-Taliban Pakistan (TTP) and its splinter groups – Jamaatul Ahrar, Hizbul Ahrar and others, which killed 449 people.
Nationalist insurgent groups, mostly in Balochistan and a few in Sindh, carried out 80 attacks, martyring 96 people.
Skills gap puts $1.97 trillion growth at risk in India: Report
“We must offer more experiential on-the-job training and help people adopt life-long learning as their jobs are transformed. Digital tools and applications — like Artificial Intelligence, analytics and Blockchain — will be essential in delivering these new learning approaches,” said Rekha M Menon, Chairman and Senior Managing Director at Accenture in India
How Big Tech is using Artificial Intelligence to stop Hackers
Hackers are themselves famously adaptable, of course, so they too could harness machine learning to create fresh mischief and overwhelm the new defenses. For example, they could figure out how companies train their systems and use the data to evade or corrupt the algorithms. The big cloud services companies are painfully aware that the foe is a moving target but argue that the new technology will help tilt the balance in favor of the good guys.
Robots haven’t eliminated many jobs – so far: World Bank
In its report, the World Bank instead stresses that the nature of work in the future will evolve. While technological advances in automation are starting to handle thousands of routine tasks and will eliminate many low-skill jobs in advanced economies and developing countries, it’s also creating opportunities for different, more productive and more creative jobs