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Generative AI is reshaping the cyber threat landscape: Lloyd’s report
The impact of GenAI on the cyber landscape is likely to increase the frequency, severity, and diversity of smaller scale cyber attacks, which will grow over the next 12-24 months, followed by a plateauing as security and defensive technologies catch up to...
Domestic passenger vehicle sales rise 11% in Feb: SIAM
"Passenger vehicles, two-wheelers, and three-wheelers have posted growth in February 2024 compared to the previous year, while commercial vehicles have witnessed a slight de-growth," Society of Indian Automobile Manufacturers (SIAM) President Vinod Aggarwal said in a...
India more prepared than ever to face any future pandemic: Experts
"The health system has been ramped up to face similar outbreaks in the future, including speedy communication systems, chain of command, custom facilities and effective implementation of non-pharma interventions based on a continuing risk assessment," Rajeev...
Complaints under RBI’s ombudsman schemes rise 68 pc to over 7 lakh crore in 2022-23
Complaints relating to mobile/electronic banking were the highest contributor to the total number of complaints received against banks as well as non-bank payment system participants, while complaints relating to non-adherence to fair practices code were the highest...
Temperature rise in India due to climate change poses health risks to pregnant women: study
While acknowledging gender as a driver of vulnerability, the study found that most State Action Plans for Climate Change (SAPCC) in India inadequately address these gendered impacts New Delhi: Temperature rise in India due to climate change poses serious health risks...
SCOR overhauls its regional and business structure
The structures within Property & Casualty (P&C) and Life & Health (L&H) are being simplified to achieve more immediate client access and decision-making Paris: French major SCOR is restructuring its business processes to become a simpler and...
Will have sovereign AI models designed, built in India: Union Minister Rajiv Chandrasekhar
Rajeev Chandrasekhar,Minister of State for Electronics and Information Technology "We have passed the data protection law, and therefore for Artificial Intelligence, data sets are the raw material and therefore there will be a data collection platform (non-personal),...
EU must prepare for ‘catastrophic’ climate change risks, agency says
Without more urgent action, the EEA said most of the 36 climate risks facing Europe could hit "critical or catastrophic levels" this century. They include risks to health, crop production and infrastructure BRUSSELS: Countries across Europe should prepare for...
Deepfakes can help sway public opinion, discredit people or politicians: Experts
"Deepfakes pose a significant threat to democracy, as they are frequently weaponised to manipulate opinions, influence stock prices, and create misinformation," Harish Kumar GS, Head of Sales, India and SAARC, Check Point Software Technologies, told IANS. New Delhi:...
Generali and UNDP build SME resilience in Asia
A joint research report by Generali and the UNDP report finds that SME growth and survival in Asia are threatened by a range of risks, including climate change, business interruptions, and limited access to capital markets. These risks are intensified by the lack of...
RK Sinha given additional charge of member, Distribution at IRDAI
Rajay K Sinha, member, Finance, IRDAI, has been given additional charge of Distribution portfolio after SN Rajeswari retired from the post at Hyderabad based insurance regulator. The Financial Sector Regulatory Appointment Search Committee (FSRASC), headed by cabinet...
Demand for private jets helicopters likely to rise up to 40 pc during LS polls
"There will be an exponential demand for private jets and the demand is expected to outstrip the availability of chartered planes and helicopters. There is a limited supply of chartered planes and helicopters," Club One Air CEO Rajan Mehra New Delhi: As political...
CBDT starts sending emails, SMSs to assessees for mismatch in tax profile, fin transactions in FY24
``On the basis of analysis of the taxes paid so far during the current financial year, the Department has identified suchpersons/entities where payment of taxes for F.Y. 2023-24(A.Y. 2024-25) is not commensurate with the financial transactions made by the...
Women face gender and pay discrimination, claims new survey
DBS Bank’s Managing Director Kishore Poduri said that women constitute half of the global workforce and around 30 per cent of the employee base in India, and the survey findings can address many issues to help them thrive personally and professionally Mumbai: Women...
FPIs inject over Rs 6,100 cr in equities in March on strong economic growth and market resilience
"FPI inflows have shown a positive trend as compared to the previous month. Thanks to the recent announcement of Q3 GDP numbers at 8.4 per cent, persistence performance of large Indian corporates being major factors for turning the tide green for the Indian equity...
Hackers stole ‘Sensitive’ data from Taiwan Telecom giant: Ministry
"The initial analysis of this case is that hackers obtained Chunghwa Telecom's sensitive information and sold it on the dark web, including documents from the armed forces, foreign affairs ministry, coast guard and other units," the defence ministry confirmed in a...
Republican-led states sue US SEC over climate risk disclosure rules
The rules aim to standardize climate-related company disclosures about greenhouse gas emissions, weather-related risks and how companies are preparing for the transition to a low-carbon economy Ten Republican-led states in US have sued to challenge new federal rules...
Lloyd’s of London underwriting profit doubles to $7.52 billion in 2023
Gross written premiums rose by 11.6% to 52.1 billion pounds across the commercial insurance market, which has more than 50 member firms, Lloyd's said in an unscheduled trading update ahead of full results on March 28 LONDON: Lloyd's of London's underwriting profit...