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Indian diesel diverted to Asian markets as Houthis attacks impact flows to Europe
Tankers heading to Europe or the Atlantic Basin are being forced by the Houthi threat to go around South Africa’s Cape of Good Hope, increasing journey lengths and costs, or use the Suez Canal, “with the risks involved and extremely high war risk insurance Shipments...
Goa govt, World Bank collaborate for blended finance facility for climate resilience
''Resilience is a crucial aspect of our vision for a balanced Goa that bridges economy and ecology and balances our aspirations for the health of our ecosystems and the development and wellbeing of our people,'' Chief Minister Pramod Sawant said Panaji: The Goa...
Bajaj Allianz Life, Satin Creditcare and Coverfox collaborate to boost rural financial inclusion
Bajaj Allianz Life, and Satin Creditcare Network , a non-banking finance company - Micro Finance Institution (NBFC - MFI), announced their strategic partnership with insurance broker Coverfox, to improve financial inclusion in rural India. Now customers of Satin...
No Aadhaar number has been cancelled, says UIDAI
“In the course of activities undertaken to keep the Aadhaar database updated, intimations are issued from time to time to Aadhaar number holders. In this connection, it is clarified that no Aadhaar number has been cancelled,” UIDAI said New Delhi: Unique...
New York City sues social media platforms over youth mental health crisis
Social media companies face mounting legal risks from claims that they use algorithms to get teenagers and adolescents addicted to their platforms. Meta was sued by the attorneys general of more than 30 states over similar claims in October. A month later, a judge in...
EU opens formal investigation into TikTok over possible online content breaches
The European Union's Digital Services Act (DSA), which applies to all online platforms since Feb. 17, requires in particular very large online platforms and search engines to do more to tackle illegal online content and risks to public security The European Union will...
Crackdown on deepfakes: MCA, Meta partner to curb AI-generated misinformation with WhatsApp helpline
People will be able to flag deepfakes by sending it to the WhatsApp chatbot which will offer multilingual support in English and three regional languages (Hindi, Tamil, Telugu) New Delhi: The Misinformation Combat Alliance (MCA) and Meta have announced that a...
NITI Aayog pitches for tax reforms, mandatory saving plan, housing plan for elderly
More than 75 per cent of elderly people in India suffer from chronic diseases and these figures indicate the potential of the home-based care market in India. As per the report, the size of the home healthcare market in India was estimated at USD 6.2 billion (Rs 50,...
Mcap of BSE-listed firms hits new peak at Rs 3.91 lakh cr; investors add Rs 2.20 lakh cr
''The fact that the crucial Buffet Ratio (market cap to GDP) is signalling very high valuation at above 120 per cent is a matter of concern. But this is unlikely to halt the bull run in the near-term since flows into the market from domestic individual investors and...
Deepfakes surge ahead of general elections in S. Korea
As AI technology continues to evolve and proliferate, experts warn of the growing sophistication and speed of deepfake production, outpacing traditional verification processes employed by election authorities. It is hard for the authorities to combat deepfake...
Star Health gets GST notice of Rs 170 cr on reinsurance deals
Star Health and Allied Insurance Company said that it has received a tax demand order for Rs 170 crore, along with a penalty of Rs 8.7 crore on non-payment of GST liability on the re-insurance commission received by the company during the period April 2018 to March...
FPIs cautious on equities; take out Rs 3,776 cr in Feb so far on spike in US bond yields
Also, the latest selling could be attributed to the uncertainty surrounding the interest rate environment, both domestically as well as globally, Himanshu Srivastava, Associate Director Manager Research, Morningstar Investment Research India, said New Delhi: Foreign...
Policybazaar Insurance Brokers gets reinsurance license
Policybazaar Insurance Brokers (Policybazaar), PB Fintech’s wholly-owned subsidiary, has received the nod from the IRDAI ) to upgrade its license from a direct insurance broker to a composite insurance broker. A composite insurance broker can also intermediate...
RBI action on Paytm Payments Bank has drawn fintechs’ attention to compliance of laws: Chandrasekhar
"I think it has drawn the attention of fintech entrepreneurs, to the fact that you also have to know how to comply with the law. Regulatory compliance is not an optional thing for any country in the world, certainly not in India, and it is something that they...
Follow scientific advice, not treatment claims based on traditional medicine: Eye doctors’ body
There has been a spurt in advertisements in the media urging people to stop their established therapies for eye diseases and luring them to switch to unscientific treatment modalities.This is leading to an alarming situation. It's essential to rely on validated,...
CDSCO issues sampling guidelines to ensuring quality and efficacy of drugs cosmetics
This guidelines will be useful for effective surveillance for quality and efficacy of drugs and cosmetics available in the market by adopting uniform drug sampling methodology for drug inspectors under drug regulatory authorities of state and central governments, the...
“Doctor on Wheels”: the first-of-its-kind, state-of-the-art, AI driven free Mobile Telemedicine Clinic launched in J&K
The obstacles like quality of services, specialised doctor, distance of travelling and cost of consultation/treatment are targeted and solved efficiently through this facility. Ordinarily, a metro hospital will cost a patient very heavily and may take two to three...
Approximately 60 per cent of prostate cancer diagnosis occur in individuals aged 65 or above: Experts
There is a concerning rise in the number of prostate cancer cases, alongside breast, lung, cervical, and oral cancer. The likelihood of developing prostate cancer rises with age, particularly after reaching 50 years old. S.K Raghunath, Uro-Oncologist, HCG Hospital...