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Give utilisation certificate for SDRF funds spent before seeking more money Kerala HC to govt
The court was hearing a plea initiated by it for prevention and management of natural disasters in the state in the wake of the landslides that devastated three villages in Wayanad district and claimed over 200 lives Kochi: The Kerala High Court on Thursday directed...
Judges should refrain from using social media: SC
"Judicial officers should not go to Facebook. They should not comment on judgments because tomorrow if the judgment is cited, judge has already expressed one way or the other bench of Justices B V Nagarathna and N Kotiswar Singh New Delhi: Observing that judges have...
Hacking rooftop solar can disrupt of Europe’s Power Grid
The exponential growth of rooftop solar systems means millions more connection points to the grid, creating a massive vulnerability that hackers could exploit. The most serious impact may be cascading grid failures across the continent. That risk is a growing concern...
AM Best affirms Credit Ratings of New India Assurance
The ratings reflect NIA's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, favourable business profile and marginal enterprise risk management (ERM) Singapore: In a rating review, international rating agency...
Early-onset colon cancer cases surge globally; lowest in India: Study
In 13 countries with increasing trends in both age groups, the annual percentage increase in young compared to older adults was larger in Chile, Japan, Sweden, the Netherlands, Croatia, and Finland, smaller in Thailand, Martinique, Denmark, Costa Rica, and similar in...
Work on to assess safety of AI; job loss from GenAI not intense in India: IT Secy
"Safe and trusted AI is when you do the innovation, try and be responsible about it but there would be an assessment. We will try and see that it is safe and trusted in a manner that works for everybody. That is the other space that we are working on right now. We...
Aon and EBRD launch innovative war risk insurance facility for Ukraine
Under the new €110 million Ukraine Recovery and Reconstruction Guarantee Facility, the EBRD will support global reinsurance companies through a guarantee covering losses on specific war-related risks underwritten by local Ukrainian insurers DUBLIN: Aon plc, a leading...
IRDA may unveil new regulations to check insurers’ overdependence on promoter banks
In some cases, parent banks of insurers are selling over three-fourths of the policy, the official, who did not wish to be identified, told reporters in Mumbai Mumbai: Insurance industry watchdog Irdai wants insurers to diversify their distribution channels and may...
China to expand private pension scheme nationwide from Dec 15
Those covered by public pension insurance will be allowed to open private pension accounts and invest up to 12,000 yuan ($1,652) a year in financial products, five official bodies, including the human resources ministry, said in a joint notice Beijing: China said on...
Govt working on policy of ‘zero casualties’ during disasters: Union Minister Rai in Lok Sabha
“India faces a variety of disasters across seasons. The government is working on the policy of ‘zero casualties’ in line with Prime Minister Narendra Modi’s pledge of making India a developed country by 2047,” Union Minister Nityanand Rai said in the Lok Sabha on...
National Insurance is working towards achieving growth with profitability, says CMD
M Rajeshwari Singh, CMD, National Insurance Company ``There should be greater emphasis on retail sector business which has inherently been the strength of the company historically. Corporate relationships would be nurtured for business growth in all the sectors as...
Secure messaging apps big challenge to counter online radicalisation: Govt
"The use of more secured messaging applications like Signal, Telegram, Viber and dark Web apart from WhatsApp with end-to-end encryption by radical elements to connect with other likeminded elements has proved to be a major challenge for security agencies in its...
Marriage integral to person’s natural life SC enhances award to woman with intellectual disability
The apex court enhanced the compensation amount under the heads of loss of income or earning capacity, pain and suffering, loss of marriage prospects, attendant charges and future medical treatment. The bench, enhanced the compensation to Rs 50.87 lakh and directed...
Labour Min mulls scheme for gig platform workers
"We are putting together the scheme for the gig and platform economy workers because there is no traditional employer-employee relationship defined for the gig and platform workers but we need to bring social security coverage for them so that they can be more...
Apple’s next ultra smartwatch will be able to send texts via satellite
The technology would extend one of Apple’s biggest efforts under Chief Executive Officer Tim Cook: bolstering the health and safety features of its products. The company has increasingly marketed its watch and phone as lifesaving devices, and the latest capabilities...
Addressing ethical challenges of AI, making social media accountable on fake news: Ashwini Vaishnaw
Addressing the Parliament, Union Minister of Electronics and Information Technology, Ashwini Vaishnaw highlighted the critical challenges posed by the emerging AI landscape, social media accountability, and the need for robust legal frameworks New Delhi: Ethical...
China targets Nvidia with antitrust probe, escalates US chip tensions
The statement from the State Administration for Market Regulation announcing the probe did not elaborate on how the U.S. company, known for its artificial intelligence and gaming chips, might have violated China's anti-monopoly laws BEIJING: China said on Monday it...
Lloyd’s human pandemic scenario reveals potential global economic loss of $13.6trn
From an economic perspective, the widespread impacts would be primarily driven by disruption across global industries due to local lockdowns and global travel restrictions. With the transportation sector worth over 10% of global GDP, sustained international travel...