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Wearables: Do you want Big Tech Cos snooping in your closet?
It’s virtually impossible to escape the all-seeing eye of companies like Google and Meta Platforms Inc. when we’re online. Now those companies have an opportunity to watch our real-world lives through wearables, which could make today’s online surveillance business...
SAT upholds Irdai’s decision to cancel TPA E-Meditek’s license
The Irdai order lists 13 charges against E-Meditek. These charges are with respect to empanelment of fake hospitals and payment of claims pertaining to these hospitals, payments and servicing of fictitious and fraudulent insurance claims, unexplained dealing in cash...
Toyota’s Daihatsu to halt all vehicle shipments, in widening safety scandal
The investigation found that the airbag control units used by Daihatsu in airbag tests for some models were different from the ones used in cars sold to the public, including Toyota’s Town Ace and Pixis Joy models and the Mazda Bongo. Toyota Motor’s Daihatsu unit will...
AI can’t be named as inventor for patents, UK’s Top Court
Britain’s Supreme Court rejected the request by Imagination Engines Inc. founder Stephen Thaler, who sought patents naming his AI machine DABUS as the inventor. Laws on patents require an inventor to be a natural person and “DABUS is not a person at all,” the judges...
AI in healthcare ‘double-edged sword’, can fool clinicians with data: Study
Given the very real life and death risks of clinical decision-making, researchers and policymakers are taking steps to ensure AI models are safe, secure and trustworthy -- and that their use will lead to improved outcomes New York: AI models in health care are a...
Drought-prone California OKs new rules for turning wastewater directly into drinking water
California regulators on Tuesday approved new rules to let water agencies recycle wastewater and put it right back into the pipes that carry drinking water to homes, schools and businesses When a toilet is flushed in California, the water can end up in a lot of...
WHO classifies ‘low’ risk JN.1 coronavirus strain as ‘variant of interest’
The United Nations agency said current vaccines continue to protect against severe disease and death from JN.1 and other circulating variants of the COVID-19 virus Geneva: The World Health Organization (WHO) on Tuesday classified the JN.1 coronavirus strain as a...
292 fresh COVID-19 cases, three deaths in Kerala
On Tuesday, state Health Minister Veena George had said that despite the increase in COVID cases in Kerala, there was nothing to be concerned about as the state was well prepared to handle the virus infection Thiruvananthapuram: Kerala reported 292 fresh COVID-19...
DFS Secy Joshi initiates move to set up of an Indian Health Regulator
Vivek Joshi, secretary, Department of Financial Services ``I request you to initiate a meeting of General Insurance Council along with the senior executive of leading insurance companies, National Health Authority (NHA) and Department of...
China’s magnitude-6.2 earthquake kills over 100 in impoverished northwest
About 400 people were injured, thousands of buildings collapsed and some infrastructure were damaged, according to state media Beijing: Chinese leader Xi Jinping called for efforts to minimize casualties after an impoverished region in the northwest was hit by an...
India Wellness Index: Booming Health techs and strained social bonds
“Spending quality time with family sees a decline among working women, leading to a decreased feeling of well-being, with only 53% of women claiming they spend quality time with their families & community in 2023, compared to 64% in 2022. This reflects the...
PMJDY remains driving factor behind empowerment of unbanked; 51 cr accounts opened
More than 41 crore beneficiaries have benefited from accident insurance worth Rs 2 lakh under Pradhan Mantri Suraksha Bima Yojana New Delhi: Pradhan Mantri Jan Dhan Yojana (PMJDY) remains the driving factor behind the empowerment of countless unbanked citizens with...
Race for Irdai’s member, Finance, hots up, Cabinet secy panel interviews 5 sr officials
The five cadidates are-V Rama Mathew, member, Central Board of Indirect Taxes and Customs, Lalit Chandel MD, Andhra Pradesh General Insurance Corporation, PC Kandhpal, former DMD SBI, RK Sinha, MD,SBI Capital Markets, AS Pardha Saradhi, ED , National Mineral...
Over 7.40 crore persons filed ITRs in FY23, 5.16 crore showed zero tax liability
The number of ITRs filed in the 2021-22 fiscal rose to over 6.94 crore and further to over 7.40 crore in the 2022-23 fiscal. The number of persons whose I-T returns amount to zero tax liability during the last four years increased from 2.90 crore in fiscal 2019-20 to...
Ebix files for Chapter 11 Bankruptcy, company’s nearly 200 non-US affiliates not included
Ebix has a tie-up with India's BSE for an insurance broking company, BSE Ebix Insurance Broking Private Limited. Ebix holds 40 per cent in the broking unit Insurance software firm and short seller target Ebix Inc. promoted by Indian-American Robin Raina-led technology...
2,500 fraudulent loan apps weeded out from Google Play Store: Sitharman
Finance Minister Nirmala Sitharman said that in accordance with the revised policy, only those apps are allowed on the Play Store which are published by Regulated Entities (REs) or those working in partnership with Res New Delhi: Google has suspended or removed over...
Will AI replace doctors’ ‘gut instincts’?
It may not be long until healthcare includes integrated AI forms where a robot greets you in your native language for your annual check-up using Natural Language Processing, takes your vital signs, and sends a recommendation to the doctor on which patient to...
More reinsurers will enter the Cyber Market in 2024, predicts New CyberCube Report
While there will be an increase in the frequency of cyber attacks fueled by the proliferation of Artificial Intelligence (AI), the insurance sector will work more closely with SMEs to address their needs. LONDON: Traditional reinsurance companies will start offering...