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PM FB row: Meta writes to govt, outlines rigorous safeguards for posts by prominent accounts
Meta officials, it is learnt, had attributed the error to AI-powered automated content filters that were reviewing shared posts and subsequent content that circulated following the original post by the prime minister. New Delhi: Meta has written to the government...
Rail accidents fall nearly 90 pc in a decade as govt improves safety measures:Govt
Ashwini Vaishnaw, Union Minister for Railways Ultrasonic Flaw Detection (USFD) testing of rails to detect flaws and timely removal of defective rails, along with laying of longer rails, minimising the use of Alumino Thermic Welding and adoption of better welding...
Investigators find no fault in Air India fuel control switch, Examining thrust control module:Govt
While the fuel control switch has been cleared of any defect so far, the examination of the complete thrust control module is still underway, with investigators awaiting the outcome of the ongoing inspection. New Delhi: Investigators have found no abnormality in the...
LIC hands over Rs 12,207 cr dividend to Sitharaman
Union Minister of Finance and Corporate Affairs Nirmala Sitharaman(centre) receiving a dividend cheque from the senior management of Life Insurance Corporation LIC is completing 70 years since its incorporation and as at 31.03.2026 has an asset base of ₹ 59.03 Lakh...
Andhra Pradesh joins PMMSY’s Group Accidental Insurance Scheme
During the current financial year 2026-27, proposal for coverage of 2,84,888 fishers have been received. Besides, the claim filing and settlement process under GAIS is governed by the policy terms and conditions. New Delhi:The Department of Fisheries, Ministry of...
Red Sea shipping slows as security threats, insurance curbs reshape vessel routes: S&P Global
S&P Global said daily traffic through the Bab el-Mandeb remained subdued, recording 32 vessel transits on July 26 after 26 on July 25 and 36 on July 24. The decline coincided with reports that several major insurers had suspended war-risk cargo cover for...
LIC appoints Shatmanyu Shrivastava as CFO, Varadarajan Muthuvenkataraman as Chief Risk Officer
The appointments were approved by LIC's Board of Directors at its meeting held on Tuesday on the recommendation of the Nomination & Remuneration Committee New Delhi: Life Insurance Corporation of India (LIC) has appointed Shatmanyu Shrivastava as its chief...
Tankers divert to Egypt as Houthi threat disrupts Red Sea
Over the past week, only Chinese ships and vessels owned by countries friendly with Iran have continued to transit Bab el Mandeb, while western tankers and more risk-averse Asian shippers have opted for the costlier and longer route via the Suez Canal. Empty...
Iran proposes temporary Hormuz plan giving itself greater control over transit lines
Deputy Foreign Minister Kazem Gharibabadi said Tehran rejected an Omani proposal for an equal division of transit routes between the two countries, saying such a plan did not address Tehran's security concerns until long-term regional stability is achieved. DUBAI:...
Google rivals line up seeking damages after record $1 billion EU fine
The damages claims come as Google’s AI spending spree has left it burning cash, with Alphabet’s free cash flow negative in the second quarter for the first time as a public company. Tech and chip stocks are under pressure as investors question lofty valuations amid...
Major quake hits southern Japan, workers missing after mall blast
“We have already been informed that people have been injured. Power outages and fires have occurred in some areas, and there has also been damage to roads and bridges and the collapse of buildings,” Japanese Prime Minister Sanae Takaichi said. A 7.1-magnitude...
AI finding twice as many cyber flaws in 2026 as it did in 2025
The surge in discovered vulnerabilities lends credence to the warnings governments and security firms have been issuing about the threat posed by hackers armed with powerful, new AI models. The number of software security flaws discovered in popular technology...
Swiss regulator opens enforcement proceedings against Zurich Insurance, bars sales of some new policies
“The regret is that we should have found it ourselves, which we didn’t despite all the audits and checks that we do. Remediation steps hadn’t been followed, which led to the enforcement proceeding, Chief Executive Officer Mario Greco Zurich Insurance said on Monday...
French and Spanish firefighters battle wildfires for a sixth consecutive day
Spain’s fires were fueled by a combination of weather, mainly because the country suffered three heat waves between June and mid-July, depleting soil moisture, along with denser-than-usual vegetation following an unseasonably rainy winter. Similar reasons are being...
Assam flood: Over 4.4 lakh people affected in 6 districts, toll remains at 68
No deaths were reported in the past 24 hours, with the toll in this year’s deluge remaining at 68, the ASDMA bulletin said. Guwahati:The flood situation in Assam improved marginally on Monday, with no fresh fatalities reported in the last 24 hours, though 4.45 lakh...
Crypto asset tax reporting obligation: Here is what it means for exchanges, investors
The objective of the guidance note on crypto asset reporting obligations is to bridge the information gap that existed because such assets could be transferred or held outside the traditional financial system. The Central Board of Direct Taxes (CBDT) has issued a...
Emerging markets stare at inflation risks as powerful El Niño looms
Emerging markets are particularly vulnerable as households spend a larger share of their income on food, and agriculture plays a big role in their economies, raising the risk that central banks will have to keep policy tighter for longer. Emerging economies already...
Record-low Danube levels expose shipwrecks
Danube levels fell to record lows this week in Croatia and Serbia, exposing hundreds of square kilometers of sand banks, following the summer’s prolonged heatwaves and drought that have affected waterways across Europe. Dozens of boats in a marina in Serbia’s northern...