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Here is a masonry blog layout with no sidebarMalayan Insurance enhances Natural Catastrophe Analytics with Moody’s RMS Risk Modeler
Andrew Hare, managing director, APAC, Moody’s RMS, said: “We are delighted to partner with Malayan Insurance as they adopt Risk Modeler. In navigating the complexities of a rapidly evolving market, (re)insurers require deep insights that offer faster analytics, deeper...
European regulators crack down on Big Tech
The tech giants have been preparing ahead of a Wednesday deadline to comply with a new European Union law intended to increase competition in the digital economy. The law, called the Digital Markets Act, requires the biggest tech companies to overhaul how some of...
Apple fined nearly USD 2 billion by the European Union over music streaming competition
Apple banned app developers from ''fully informing iOS users about alternative and cheaper music subscription services outside of the app'', said the European Commission, the 27-nation bloc's executive arm and top antitrust enforcer The European Union levelled its...
US FAA says Boeing 737 MAX production audit found compliance issues
The audit was prompted by a Jan. 5 mid-air emergency involving a new Alaska Airlines 737 MAX 9 that lost a door plug at 16,000 feet (4,877 meters). The FAA previously barred Boeing from expanding 737 production The Federal Aviation Administration on Monday said the...
India’s wheat, rapeseed ravaged by rain just before harvesting
"The entire wheat crop has been flattened due to heavy rainfall and hailstorm. It was nearly mature, and we could have harvested it in two to three weeks," said Mukesh Kumar, a farmer from Uttar Pradesh, the country's largest producer of the grain Untimely rainfall...
War risk insurance premium through Red Sea remained stable despite the sinking of the cargo ship
Insurance industry sources said that war risk premiums being quoted for Red Sea voyages had remained around 1% of the value of a ship for some weeks – compared with around 0.5% before the attacks started – with various discounts applied by underwriters The cost of war...
Govt launches Chakshu to report fraud calls, phone number leaks by firms
Union IT and Communications Minister Ashwini Vaishnaw said that through digital measures to check fraud and crime, the Department of Telecom Services has been able to help citizens save around Rs 1,000 crore in the last nine months and Rs 1,008 crore has been frozen...
IAEA launches body composition database to combat worldwide obesity challenges
According to the World Health Organization (WHO), worldwide obesity has nearly tripled since 1975. Around 800 million adults worldwide are living with obesity and the number of children living with obesity is expected to reach 250 million by 2030 Obesity is now rising...
AI advisory applicable on big platforms, not on start-ups: MoS IT Chandrasekhar
''Advisory is aimed at the significant platforms and permission seeking from Meity is only for large platforms and will not apply to startups. Advisory is aimed at untested AI platforms from deploying on the Indian Internet,'' Minister of State for Electronics and IT...
Moody’s raises India’s 2024 GDP forecast to 6.8% from 6.1%, India to remain fastest growing G-20 nation ,
"Robust goods and services tax collections, rising auto sales, consumer optimism and double-digit credit growth suggest urban consumption demand remains resilient. On the supply side, expanding manufacturing and services PMIs add to evidence of solid economic...
Malaysia may renew search for lost MH370 decade after it vanished
MH370 vanished on March 8, 2014, on its way to Beijing from Kuala Lumpur with 239 people on board. Investigators concluded the plane deliberately left its planned flightpath, looped back over Malaysia and headed out to sea Malaysian authorities are considering...
Aon appoints its Asia CFO Rishi Mehra as India chief
Rishi Mehra, India chief, Aon Working closely with Jon Pipe, CEO and principal officer of Aon India Insurance Brokers and Nitin Sethi, CEO of Aon Consulting Private Limited, Mehra will bring together the collective capabilities across Risk, Health,Wealth and Talent...
UN chief appeals for greater support for small islands fighting climate change
“We must have stronger support from the international community - what we call climate justice - which means adequate financing at low cost, quickly decided, in order to allow for all these works that we have been seeing to protect the island against the sea, and...
Rising interest rates prompting more people to go in for term deposits:RBI Data
''Rising return on term deposits has been driving the compositional shift in bank deposits: the share of term deposits in total deposits increased to 60.3 per cent in December 2023 from 57.2 per cent in March 2023,'' it said New Delhi: Rising interest rates seem to be...
Spending on paan, tobacco, intoxicants increased in last one decade, says Govt Survey
The survey also stated that spending on beverages and processed food has increased to 10.64 per cent in urban areas in 2022-23 from 8.98 per cent in 2011-12. New Delhi: Consumption of paan, tobacco and other intoxicants has increased with people spending a bigger...
Social media platforms need Govt nod to launch AI models in India
"It is reiterated that non-compliance to the provisions of the IT Act and/or IT Rules would result in potential penal consequences to the intermediaries or platforms or its users when identified, including but not limited to prosecution under IT Act and several other...
ICMR study shows COVID vaccine not responsible for heart attacks: Mansukh Mandaviya
Union Health Minister Mansukh Mandaviya According to a peer-reviewed ICMR study that came out in November last year, vaccines administered for COVID-19 did not increase the risk of sudden death among young adults in India but it was the post-Covid hospitalisation,...
Alok Rungta appointed as MD &CEO of Future Generali India Life Insurance
Alok Rungta, Managing Director & CEO designate,Future Generali India Life Insurance With an extensive background spanning over two decades in the insurance industry’s diverse markets, Alok is currently the deputy CEO and CFO of the company. Before this, he held...