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Digitally advanced countries trust less on artificial intelligence: Swiss Re report
The most AI-trusting people hail from emerging digital growth markets such as India, Nigeria, Mexico, Indonesia, Philippines and Argentina` `What is surprising in 'Decoding Digital Trust: A consumer perspective' is that countries with advanced levels of digital...
Shipping Safety: Losses hit a record low in 2022, but jump in fires, other challenges
A combination of factors impacting fire risk, ongoing and new threats posed by the ripple effects of the Ukraine conflict, decarbonization challenges, economic uncertainty, as well as the rising cost of marine claims, means the sector still has plenty of obstacles to...
Delta Air Lines faces proposed U.S. class action over carbon neutral claims
The complaint alleges that Delta is not living up to advertising that presents the Atlanta-based carrier as “the world’s first carbon-neutral airline,” saying it leads consumers to believe Delta hasn’t been responsible for releasing additional carbon into the...
Top AI CEOs, experts raise ‘Risk of Extinction’ from AI
“Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war,” more than 350 signatories wrote in a letter published by the nonprofit Center for AI Safety (CAIS). Top artificial...
Number of frauds rose in FY23, amount involved halved: RBI data
Frauds occurred predominantly in the category of digital payments (card/internet), in terms of number, said Reserve Bank's Annual Report 2022-23 The number of frauds in the banking sector went up to 13,530 in 2022-23 year-on-year, but the amount involved nearly halved...
Can’t force citizen to choose between education and reproductive autonomy, says Delhi HC
The observation was made as the court set aside an order passed by Chaudhary Charan Singh University refusing to grant maternity leave to its M.Ed student New Delhi:The Indian Constitution envisages an egalitarian society for its citizens who cannot be forced to...
India monsoon advances after stalling for 11 days
Rains usually lash mainland Kerala around June 1 and cover the whole country by mid-July. Timely rains trigger planting of crops such as rice, soybeans and cotton MUMBAI: India's monsoon rains advanced into some more parts of southwest Bay of Bengal after stalling for...
Combined impact of climate change, population growth poses serious threat to India’s water security: Experts
''Rising temperatures accelerate evaporation rates, depleting surface water and groundwater reserves. Altered precipitation patterns lead to unpredictable monsoons, causing floods in some areas and droughts in others. These extreme events reduce water availability,...
Taiwan rushes to prevent China from cutting off internet, phones
Audrey Tang, who heads Taiwan’s Ministry of Digital Affairs, says she wants the island’s $740 billion economy to be able to handle the possible collapse of all its communications in the event of an emergency by the end of next year Buffeted by earthquakes and the...
Japan’s largest insurer Tokio Marine joins defectors from Gfanz climate group
A spokesperson said Tokio Marine will continue to consider measures to realize a decarbonized society such as the use of renewable energy and emphasized it will keep a close eye on social and environmental causes Tokio Marine Holdings Inc., Japan’s largest insurer by...
Premature deaths due to cardiovascular and strokes in India are due to lack of awareness: AIIMS Study
In India, cardiovascular disease (CVD) accounts for 36 per cent of all deaths in the age group of 30-69 years. Preventing these deaths should be a public health priority globally as well as in India A study reported that every 30 min delay in MI patients increased...
ICICI Bank to raise holding in ICICI Lombard General by 4% to 52 pc by next year
At the current trading market price, the bank will have to shell out about Rs 2,352.5 crore to acquire a 4 per cent shareholding Mumbai: ICICI Bank has said its Board has approved a plan to raise its stake in general insurance arm ICICI Lombard by 4 per cent in the...
NIA returns to black with Rs 143 crore of net profit in Q4FY23, combined ratio at 119.47 %
Neerja Kapur, CMD, NIA NIA has declared a dividend of Rs 1.93 per share with a face value of Rs 5 NIA's underwriting losses have fallen by 5 per cent y-o-y to Rs 1,690 crore in Q4FY23 Operationally, the company looks forward to an improved performance in FY24 in terms...
Will meet FM Sitharaman to claim refund of Rs 9242.60 cr deposited in NPS: HP CM Sukhu
Sukhvinder Sukhu,Chief Minister,Himachal Pradesh Sukhu also assured that the benefits of the old pension scheme would be extended to board-corporation employees, and corporations that have been excluded from this scheme would be included in due course Dharamshala:...
India to push back against ‘agenda-driven’ global ranking firms – Modi advisor
Sanjeev Sanyal, a member of Modi's Economic Advisory Council Sanjeev Sanyal,member of PM's Economic Advisory Council, said the ratings also get hard-wired into decision-making through environmental, social and governance (ESG) norms and sovereign ratings. Multilateral...