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Tesla, rivals get low marks for automated-driving technology
The US based IIHS, a safety research arm of the insurance industry, also said there is no evidence that Autopilot or other assisted-driving systems have real-world safety benefits, based on crash data Tesla's Autopilot and Full Self Driving technology and nine other...
71-yr-old man from Thane cheated of Rs 72 lakh in insurance fraud
The victim was directed to five persons who, under different pretexts, made him pay Rs 72,67,683. But later when the man sought his money, the accused gave evasive replies and later stopped taking his calls, an official from Manpada police station said. Mumbai: A...
Reliance’s fuel supply to Europe avoids Red Sea -sources
Reliance, in its chartering contracts, is offering tanker owners a flexibility to go via the Red Sea, a shipping route vital to east-west trade, or the Cape of Good Hope for safe transportation of the fuels to the buyer, shipping sources said Mumbai: Most of the...
Govt-appointed panel moots ex-ante competition regulations for big tech
The recommendations of the Committee on Digital Competition Law comes at a time when there are concerns about anti-competitive practices in the digital space and could have significant impact on big tech players. This will have a major impact on the big tech...
At least 50 hurt as LATAM’s Boeing 787 to Auckland ‘just dropped’ mid-flight
The cause of the apparent sudden change in trajectory of LATAM 800 could not be ascertained immediately. Safety experts say most airplane accidents are caused by a cocktail of factors that need to be thoroughly investigated At least 50 people were hurt when a Boeing...
Life expectancy dropped by 1.6 years during pandemic, reversing past progress: Lancet study
The study found that life expectancy declined in 84 per cent of countries and territories during this time. This demonstrated the “devastating potential impacts of novel pathogens”, the researchers said New Delhi: Global life expectancy dropped by 1.6 years between...
Munich Re HealthTech appoints Bilal Ramadan as CEO
Bilal Ramadan, CEO, Munich Re HealthTech In this role, Ramadan will be responsible for driving the strategy of Munich Re HealthTech (MRHT) to strengthen its position as a leading software technology provider in the health insurance industry. He will oversee the...
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...