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Here is a masonry blog layout with no sidebarChina new financial regulatory body gets a chief
The National Financial Regulatory Administration(NFRA) is a new government body under the State Council tasked with consolidating supervision over the multi-trillion dollar financial industry It will replace the CBIRC and absorb some supervisory functions from the...
Mass event will let hackers test limits of AI technology
Anyone who’s tried ChatGPT, Microsoft’s Bing chatbot or Google’s Bard will have quickly learned that they have a tendency to fabricate information and confidently present it as fact. These systems, built on what’s known as large language models, also emulate the...
Aviation watchdog issues warning on India over jet repo fight
The move by the Aviation Working Group, a UK-based entity that monitors leasing and financing laws, could raise leasing costs for Indian airlines and hurt lessors' confidence just as the world's third-largest domestic market faces record growth India has been placed...
Banks to launch 100 days campaign to trace & settle unclaimed deposits: RBI
Balances in savings/current accounts which are not operated for 10 years, or term deposits not claimed within 10 years from date of maturity are classified as ''unclaimed deposits'' Recently, the RBI has also announced the setting up of a centralised web portal for...
Governments across the world race to regulate AI tools
The European Data Protection Board, which unites Europe’s national privacy watchdogs, said in April it had set up a task force on ChatGPT, a potentially important first step towards a common policy on setting privacy rules on AI Rapid advances in artificial...
Max Financial Services Q4 net profit slips 64 pc to Rs 52 crore
Prashant Tripathy, managing director, Max Life Insurance Company , said, “Through our continued focus on introducing innovative products, expanding distribution strength across channels, and driving a balanced product mix, we delivered strong growth in Q4FY23.'' New...
UN agencies brace for disaster as Cyclone Mocha intensifies in Bay of Bengal
Extreme weather hazards will occur more frequently due to climate change in the years ahead, IOM warned ““The linkages between climate change, migration, and displacement are increasingly pressing worldwide,” the agency said, calling on governments to implement...
World Bank team meets Kerala CM; expresses interest in state’s carbon neutral initiatives
World Bank Vice President for South Asia Region Martin Raiser said the World Bank's 'Resilient Kerala Programme' to support the state's preparedness against natural disasters, climate change impacts, disease outbreaks, and pandemics was progressing well....
Irdai sets up expert panel for matters related to mental health
A holistic examination of the various aspects involved such as types of conditions, types of treatments etc from the insurance perspective is necessary when dealing with products designed to cover mental illnesses and other related aspects Hyderabad: Regulator Irdai...
IRDAI asks insurers to provide mandatory covers for surrogate mothers
The Surrogacy (Regulation) Act, 2021, says an insurance coverage of such amount and in such manner as may be prescribed in favour of the surrogate mother for a period of thirty-six months covering postpartum delivery complications from an insurance company or an agent...
RBI invites firms to participate in Greenwashing TechSprint
The number of investment products marketed as 'green' or making wider sustainability claims is growing. Exaggerated, misleading or unsubstantiated claims about Environmental, Social and Governance (ESG) credentials damage confidence in these products and the RBI wants...
Passenger vehicle dispatches rise 13% in April as demand remained robust: SIAM
The total passenger vehicle dispatches from companies to dealers rose to 3,31,278 units last month compared to 2,93,303 units in April 2022 New Delhi: Domestic passenger vehicle dispatches witnessed a 13 per cent year-on-year rise in April as demand remained robust...
In major climate step, US govt agency proposes 1st limits on greenhouse gas emissions from power plants
If finalised, the proposed regulation would mark the first time the federal government has restricted carbon dioxide emissions from existing power plants, which generate about 25 per cent of US greenhouse gas pollution, second only to the transportation sector...
Climate Change: Indian farmers seek to escape debt and suicide
In a new report linking rainfall deficits to higher farmer suicide rates in India's drought-prone states, researchers said climate change was making "agriculture an extremely risky, potentially dangerous and loss-making endeavour" By Roli Srivastava and Bhasker...
Sleep apnea linked to deteriorating brain health
“These biomarkers are sensitive signs of early cerebrovascular disease,” said study author Diego Z. Carvalho, of the Mayo Clinic in Rochester, Minnesota, and a member of the American Academy of Neurology “Finding that severe sleep apnea and a reduction in slow-wave...
EU lawmakers’ committees agree tougher draft AI rules
The European Union's highly anticipated AI Act looks set to be the world's first comprehensive legislation governing the technology, with new rules around the use of facial recognition, biometric surveillance, and other AI applications European lawmakers came a step...
War, natural disasters left record 71 million people internally displaced in 2022, report says
The number of people displaced inside their country at the end of the year because of disasters like floods and famine reached 8.7 million, up by 45 per cent from 2021 The war in Ukraine helped push the global total of people left internally displaced by conflict or...
Govt working to bring in e-commerce policy, rules under consumer protection act on same page
''We are holding discussions to harmonise e-commerce policy and e-commerce rules under the consumer protection act…While doing so, we will try to ensure that whether a regulator or some other way…rules that will ensure that the customer is the king,'' Secretary of the...