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High court calls for air purifier GST exemption in Delhi
At the outset, the bench expressed displeasure that nothing has been done in the matter and said that every citizen requires fresh air, which the authorities were not able to provide. New Delhi:The Delhi High Court on Wednesday expressed displeasure over the...
China’s Kuaishou shares fall to near five-week low after livestreaming cyberattack
The closest rival to TikTok’s Chinese version Douyin on Tuesday confirmed it experienced a livestreaming cyber incident at around 10 p.m.(1400 GMT) Monday Shares of Kuaishou dropped by as much as 6% on Tuesday to HK$62.70 ($8.06), their lowest since November 21, after...
South Korea online retailer Coupang faces US securities class action over massive data breach
The lawsuit, filed last week in federal court in California, claims Coupang, its CEO and Chairman Bom Kim and its Chief Financial Officer Gaurav Anand misled investors about the company’s data security practices and failed to disclose the breach in a timely way. South...
Digital justice spearheads National Consumer Day 2025 with faster grievance redressal
New Delh:iIndia celebrates National Consumer Day on December 24 to remind every citizen of their rights when they buy goods or services. This year, the day focuses on the theme of "Efficient and Speedy Disposal through Digital Justice," highlighting how technology is...
Government launches NUDGE campaign to help taxpayers fix return errors voluntarily
Recent data shows that many people are already using these options to correct their tax records. During the 2025-26 financial year, more than 21 lakh taxpayers updated their returns for previous years and paid over Rs 2,500 crore in taxes. New Delhi: The Government of...
Google activates Android emergency location service in India
“Google has announced the activation of Emergency Location Service (ELS) in Android in India, with Uttar Pradesh becoming the first state to fully integrate enhanced caller location into its 112 emergency services,” the company said in a statement. New Delhi: Google...
Rising 3rd-party risks and persistent ransomware threats drive increased cybersecurity investments in 2026: Marsh
Among the key findings, nearly 75% of organizations globally express high confidence in their overall cyber risk management strategies. Confidence varies by regions, with organizations in India, Middle East and Africa region expressing the most confidence at 83%,...
Cipla launches first inhalable insulin for diabetes care in India
Afrezza is a rapid-acting orally inhaled insulin, which offers a needle-free, convenient alternative to injectable insulin therapy. The launch of this product in India is expected to benefit many of the 10 crore adults currently living with diabetes mellitus....
Loans against gold jewellery recorded triple-digit growth rates since February 2025: RBI Bulletin
A sharp rise in gold-backed lending in recent months points to a significant shift in household financial behaviour, as families increasingly tap into idle gold assets to meet consumption and liquidity needs amid evolving economic conditions, it said. Mumbai: Bank...
Gujarat govt eases liquor consumption rules at GIFT City permit requirement scrapped
Now, liquor can be consumed in other areas too, such as lawn, pool side and terrace.As per the notification, any person coming for food is allowed to sit in the wine and dine area of a restaurant. Ahmedabad: Any person from outside Gujarat or India can now consume...
Over 1000 banks, third party apps, payment firm join DoT’s Digital Intelligence Platform
The Department of Telecom said that the players that have joined Digital Intelligence Platform (DIP) have started fraud risk indicators that have helped in preventing potential financial losses of approximately Rs 660 crore across the banking ecosystem New Delhi:Over...
Private credit ratings face fresh scrutiny from global watchdogs
The Financial Stability Board, which monitors global risks, has high-level concerns about the potential for “ratings shopping” in private markets, where firms can seek grades on transactions from multiple providers and opt for the most favorable one, one of the people...
Swiss court admits Indonesian islanders climate case against Holcim
Holcim said it intends to appeal the decision and that the question of “who is allowed to emit how much CO2” should be a matter for lawmakers, not a civil court A court in Switzerland said on Monday it would admit a legal complaint against Swiss cement maker Holcim,...
Hong Kong plans new crypto,infrastructure rules for insurers
The insurance regulator would impose a 100% risk charge on cryptoassets, according to a presentation on Dec. 4 seen by Bloomberg News. Stablecoin investments would attract risk charges based on the fiat currency the Hong Kong-regulated stablecoin is pegged to, the...
AI,cyber, and climate change will be key insurance themes in 2026, predicts GlobalData
Cyber and climate change/natural catastrophes are also key themes. Cyber insurance is continuing to see rapid growth, and this is forecast that to continue through 2030. GlobalData estimates the global cyber insurance market to be worth $22.2 billion in 2025 and $35.4...
Life Insurance:India’s insured population jump from 15 crore to nearly 40 crore in a decade
Growth has been supported by increasing demand for group insurance, product innovation, personalised offerings, and stronger distribution networks, especially in individual insurance. New Delhi:The number of people covered by life insurance in India has risen sharply...
Govt notifies new Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, IRDAI to frame new regulations
Now, insurance regulator IRDAI will come out with new set of regulations in accordance with the new Act which provides a host of changes including hiking FDI from 74 per cent to 100 per cent for the Indian insurance companies The new Act introduces one-time...
Amendment of Insurance Laws Bill, 2025:Achieving “Insurance for All” by 2047
The Insurance Act 1938 did not contain any definition of “insurance business”. The Bill now seeks to define this term to mean the business of effecting insurance contracts, as well as any other form of contract that may be notified by the Central Government in...