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Subscribe to enjoy similar stories. New Delhi: The consumer affairs ministry is developing a Repairability Index for consumer durables on the lines of star-rating system used for evaluating the energy efficiency of electrical appliances, Union minister for consumer affairs, food and public distribution Pralhad Joshi said.

unregulated lending and slap a fine of ₹1 crore on offenders along with imprisonment of 10 years. The move follows action against several digital loan apps for unregulated lending over the past two years and complaints about their unfair lending and predatory recovery practices. A draft bill — Banning of Unregulated Lending Activities (Draft) Bill — was put out by the finance ministry for comments, which can be submitted till February 2025.

Subscribe to enjoy similar stories. Accenture Plc, the world’s largest software services company, secured $1.2 billion in generative AI (Gen AI) bookings in the quarter-ended November 2024, bringing its total orders in the segment to $4.2 billion since September 2023. This is its highest Gen AI bookings in any quarter, signalling that clients are increasing spending on the new technology.

data protection watchdog on Thursday criticised Google for an «irresponsible» policy change on how online user information can be tracked and collected for targeted advertising. The Information Commissioner's Office (ICO) warned Google against a policy «U-turn» allowing advertisers to use «fingerprinting» technology, which involves cross-referencing device hardware and software information to uniquely recognise a user. «Fingerprinting is not a fair means of tracking users online because it is likely to reduce people's choice and control over how their information is collected,» the ICO said in a statement.

Toronto police officer has died after being involved in executing a search warrant Thursday morning, multiple police sources say.The officer’s death was confirmed by Toronto police in a post on X late Thursday morning.“It is with profound sadness that we confirm the passing of one of our officers while on duty this morning,” it said.“We are in the process of notifying the officer’s family and will share further updates in the coming hours.”The force added preliminary information suggests the cause of death may be medical.“Our heartfelt thoughts are with the officer’s loved ones, friends, and colleagues during this incredibly difficult time,” police said.Sources told Global News the officer, who was a member of the hold-up squad, was found in the parking lot of 31 Division, which is located in North York. The officer was rushed to hospital where he was pronounced dead.The Toronto Police Association (TPA), which represents almost 8,000 uniform and civilian members of the Toronto Police Service, said in a notice to its members the operation the officer was involved in occurred during the early morning hours.“During the operation, one of our officers experienced a medical episode.

WASHINGTON — Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended:

Faced with the rapid proliferation of digital technologies and an ever-increasing millennial/Gen Z customer base, major banks across the US and Europe reduced their physical branch network over the last decade. While the underlying thought process did influence strategic thinking globally, Indian banks bucked the trend. Instead, they focused on branch expansion, resulting in one of the best growth periods for the Indian banking industry as a whole. 

Management consultant, educator, and author Peter Drucker famously said, “If you can’t measure it, you can’t improve it." 

U.S. safety regulators have backed away from seeking a recall of nearly 50 million air bag inflators

Billionaire author and philanthropist MacKenzie Scott acknowledged $2 billion in 2024 donations in a blog post on Wednesday, bringing the total she’s given away since 2019 to $19.2 billion

State Bank of India (SBI) fell by 2.2% on Thursday to an intraday low of Rs 820.10 on the BSE as the company announced the appointment of Rama Mohan Rao Amara as the Managing Director (MD) of the bank. “Vide Notification No. 2/1/2024-BO.I dated 18.12.2024, issued by Department of Financial Services, Ministry of Finance, Government of India, it has been notified that- “In exercise of powers conferred by clause (b) of section 19 read with sub-section (1) of section 20 of the State Bank of India Act, 1955 (23 of 1955), the Central Government hereby appoints Shri Rama Mohan Rao Amara, Deputy Managing Director, State Bank of India as Managing Director in State Bank of India,” said the company in its filing to the exchange.

Lupin will remain in focus on Thursday after the drugmaker received approval from the US Food and Drug Administration (FDA) for its abbreviated new drug application (ANDA) for HIV tablets emtricitabine and tenofovir alafenamide tablets, 200 mg/25 mg. «We wish to confirm that the Company has received approval from the United States Food and Drug Administration (U.S. FDA) for its Abbreviated New Drug Application (ANDA) for Emtricitabine and Tenofovir Alafenamide Tablets, 200 mg/25 mg, to market a generic equivalent of Descovy® Tablets, 200 mg/25 mg of Gilead Sciences, Inc,» Lupin said in an exchange filing.

direct benefit transfer, healthcare schemes and grievance redressal for citizens, Parag Jain Nainutia, principal secretary — general administration (information & technology) at the state government, said at the ET Digital Transformation Dialogues panel discussion. “We are collating, collecting data, using the free flow of data within the state government and within the Government of India … Our idea is there should not be any responsibility on the citizen to submit the same document again and again.

There is, however, a hesitation over trust and safety around the use of AI, industry leaders said, and called for light-touch regulation to strike a balance between innovation and ethics. “In 2014, we started on the first wave of AI, which was predictive AI,” said Arundhati Bhattacharya, chairperson and chief executive for India at software firm Salesforce. “But it was not democratised. People who were experts or who

Requests for unusual items: During frisking and scanning in Parliament complex, security personnel come across various unusual items that are not permitted inside the premises. While cigarettes, lighters and matchboxes are common, ladies are at times found carrying nail-cutters, nail-polish, and some cosmetics which cannot be taken inside the high security area.

accidentSpeaking about the incident, Maharashtra Deputy CM Eknath Shinde said after a ferry boat capsized off Mumbai coast."I've held talks with both the collectors, the police and Navy personnel present there. More than 100 people (were onboard), and 83 of them have been rescued. The rescue operation is being carried out by the Indian Navy, Indian Coast Guard, the Maritime Board and the coastal police.

Punjab government on Wednesday informed the Supreme Court that continuous, elaborate meetings were held with Jagjit Singh Dallewal, farmer leader who is on an indefinite fast at Khanauri border, and other farmers, but they declined interacting with the high-powered committee constituted by it. A bench of Justices Surya Kant and Ujjal Bhuyan was informed by Punjab advocate general Gurminder Singh that the committee invited them on December 17, but protesting farmers did not engage with it. Singh said the state government was trying to persuade the farmers on a daily basis and suggested they could be permitted to submit their demands directly to the court. The top court said, «We clarify that court's doors are always open to any suggestion or demand by farmers directly or through their authorised representative.»

Dutch Data Protection Authority (DPA) said on Wednesday it fined Netflix 4.75 million euros ($4.98 million) for not properly informing customers about its use of their personal data between 2018 and 2020. The investigation, which started in 2019, showed that «Netflix did not inform customers clearly enough in its privacy statement about what exactly Netflix does with those data,» the DPA said in a statement. «Furthermore, customers did not receive sufficient information when they asked Netflix which data the company collects about them. These are violations of the General Data Protection Regulation (GDPR),» the watchdog said.

Zerodha and Upstox on Wednesday said that customers are facing difficulties in authorizing sell orders due to a temporary issue with Central Depository Services Limited (CDSL), affecting brokers across the industry. Zerodha informed its customers via X (formerly Twitter), stating, «Due to an issue at CDSL across brokers, you may face an issue with authorising the sale of your stocks. We are in touch with CDSL to have the issue resolved at the earliest. In the meantime, you can sell your holdings without the need for CDSL authorisation.»

Subscribe to enjoy similar stories. For decades, a global guessing game has focused on whether the people of China will tire of single-party rule. Any failure to sustain a heady pace of economic expansion, went one hypothesis, would stir mass discontent and put its Communist regime on notice.