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Indian
Banking penetration increased significantly during 1972-2022 period: RBI Deputy Governor
Michael Debabrata Patra,Deputy Governor, Reserve Bank of India...
RBI to launch first pilot of Digital Rupee on Tuesday
Settlement in central bank money would reduce transaction costs by...
Suspension bridge collapses in Gujarat’s Morbi killing at least 60
Eyewitnesses said that there were several women, children and...
AIIMS Delhi to create database, mechanism for cross-referrals with other govt hospitals
AIIMS Director M Srinivas launched the 'AIIMS Main Hospital...
International
Tesla drives on Autopilot through a regulatory grey zone
The Texas crash follows a string of crashes involving Tesla cars being driven on Autopilot, its partially automated driving system which performs a range of functions such as helping drivers stay in lanes and steer on highways. Tesla has also rolled out what it describes as a “beta” version of its FSD system to about 2,000 customers since October, effectively allowing them to test how well it works on public roads.
Harris County police are now seeking a search warrant for the Tesla data and said witnesses told them the victims intended to test the car’s automated driving. NO REQUIREMENTS
EU aims to set global standards for AI, fines for violations
The move comes as China moves ahead in the AI race, while the COVID-19 pandemic has underlined the importance of algorithms and internet-connected gadgets in daily life.
“On artificial intelligence, trust is a must, not a nice to have. With these landmark rules, the EU is spearheading the development of new global norms to make sure AI can be trusted,” European tech chief Margrethe Vestager said in a statement.
AIIB launches Sustainable Development Bond framework
Under the framework, annual reporting on the Bank’s overall portfolio level and project level environmental and social benefits will be made available on the AIIB official website.
“Under its mission of Financing Infrastructure for Tomorrow, AIIB will continue to scale up its sustainable and inclusive investments to meet clients’ needs for low-carbon and climate-resilient infrastructure,”said Domenico Nardelli,treasurer,AIIB
HSBC Life appoints global head of customer proposition
In her new role, Ying will lead HSBC Life’s Product Strategy, Proposition and Governance teams, reinsurance capabilities, and Bermuda captive business. She will lead the rapid evolution of HSBC Life’s nascent Health and Employee Benefits platforms, shape the business’ sustainability agenda, and embed a systematic customer-centric design culture in both our products and platforms.
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