by AIP Online Bureau | Jan 28, 2025 | International News, Risk Management, Technology, Wealth Management/ Philanthropy
DeepSeek’s dark-horse entry into the AI race, which it says cost just $5.6 million to develop, is a challenge to Silicon Valley’s narrative that massive capital spending is essential to developing the strongest models. That delivered a serious blow to billionaires...
by AIP Online Bureau | Jan 28, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology
The startup earlier in the day was also hit by outages on its website after its AI assistant became the top-rated free application available on Apple’s App Store in the United States Chinese startup DeepSeek said Monday it will temporarily limit registrations due to a...
by AIP Online Bureau | Jan 27, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Regulation, Risk Management
The move by the International Auditing and Assurance Standards Board (IAASB) and the International Ethics Standards Board for Accountants (IESBA) comes as more companies are pushed to disclose data as part of efforts to fight climate change International auditors have...
by AIP Online Bureau | Jan 27, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
Rob Leonardi, Regional Officer, Generali Asia, said: “India has been recognised globally as the fastest-growing major economy in recent years and the launch of GC&C India shows how Generali is fully in lockstep with the needs of local businesses. The Indian...
by AIP Online Bureau | Jan 27, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management
An one day event on “Disaster Risk Transfer and Financing Solutions for India”, organised by Munich Re, aims to bring together representatives from various Indian states, the insurance industry, government bodies, International organizations experienced in...
by AIP Online Bureau | Jan 27, 2025 | Banking & Bancassurance, Indian News, Policy, Regulation, Risk Management, Technology
Sanjay Malhotra,Governor,RBI While dwelling upon IT risk management and cyber security, the governor urged banks to have enhanced oversight over third-party service providers for mitigation of the risks emanating from them, RBI said in a release Mumbai: Flagging the...
by AIP Online Bureau | Jan 27, 2025 | Indian News, Policy, Technology
The Justice Sundresh-led Bench added that states and Union Territories(UTs) must issue an additional Standing Order to their respective Police machinery to issue notices to the accused persons or otherwise, only through the mode of service as prescribed under the Code...
by AIP Online Bureau | Jan 27, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Wealth Management/ Philanthropy
“Volatility geared up during the day, driven by a mix of factors such as heightened anticipation around the fiscal budget, concerns about slowing corporate earnings, and uncertainties surrounding the upcoming Federal Open Market Committee (FOMC) meeting,”...
by AIP Online Bureau | Jan 27, 2025 | Eco/Invest/Demography, Indian News, Policy
In 2021, Modi’s government announced a major programme to privatise most of India’s state-run companies. The plan was so drastic that even in the four sectors that India sees as sensitive, such as telecoms and banking, it wanted to keep only a minimum...
by AIP Online Bureau | Jan 27, 2025 | Eco/Invest/Demography, Indian News, Policy
The UCC came into force as Chief Minister Pushkar Singh Dhami unveiled its notification, released the rules for its implementation and launched a portal created for the mandatory online registration of marriages, divorce and live-in relationships Dehradun: Uttarakhand...