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artificial intelligence rules on Wednesday as EU lawmakers endorsed a provisional agreement for a technology whose use is rapidly growing across a wide swathe of industries and in everyday life. Three years in the making, the AI Act comes as generative AI systems such as Microsoft-backed OpenAI's ChatGPT, and Google's chatbot Gemini become more popular, fuelling concerns about misinformation and fake news.

NEW DELHI : Liquor ad masquerading as soda? Tobacco ad in the guise of cardamom? Companies pushing surrogate advertisements of products they are not allowed to promote may face stiff penalties to be specified in upcoming consumer protection guidelines, two officials aware of the plans said. A committee formed by the Central Consumer Protection Authority (CCPA) on surrogate advertisements is meeting next week to discuss the matter, one of the two officials said. Promotional activities must be genuine, and companies should not misuse legal provisions for brand extension, the official said on condition of anonymity.

Transportation Secretary Pete Buttigieg has reiterated his concerns about railroad safety and scolded the industry for not doing more to improve since last year's fiery Ohio derailment

The U.K. government says it will back legislation banning foreign state ownership of British newspapers and magazines, a move that could upend a planned takeover by a United Arab Emirates consortium of the Telegraph Media Group

For some Loblaw customers in Ontario, their next grocery run might look and feel a little different.

In the presentation, Witlox outlined the benefits of a digital euro that will complement cash in Europe, detailing that it would strengthen strategic autonomy by reducing dependence on non-European payment providers and offer another form of trusted and secure transactions for people in Europe.

Paytm is racing against time to migrate its banking services from Paytm Payments Bank to other lenders. The National Payments Corporation of India, which runs the Unified Payments Interface (UPI) railroad, is working to certify Paytm’s application to become a third-party payment app, said two senior bankers in the know. Four banks – Yes Bank, Axis Bank, HDFC Bank and State Bank of India – will support Paytm’s consumer-facing UPI payments, one of the bankers said.

SBI submits electoral bonds data: A timeline of what has happened so far The Act effectively replaced the Chief Justice of India (CJI) with a cabinet minister as one of the three members of the selection panel. President Droupadi Murmu gave her assent to the Act in December 2023.

Charles Nader, CEO of Doc.com, knows how frustrating it can be to try and access healthcare, especially when high costs prevent people from going to the doctor or, in worst-case scenarios, avoiding going to the hospital. Telemedicine also has specific barriers to access, especially for those without insurance. But with Doc.com, Charles Nader aims to change how people seek medical care, all while utilizing technology that is aimed to be transparent, innovative, and accessible to those who use it.

NCLAT) on Tuesday directed the monitoring committee of Jet Airways to complete the transfer of the airline's ownership to Jalan Kalrock Consortium (JKC) within 90 days. It also directed JKC to obtain an air operator's certificate within this period. The tribunal also allowed the adjustment of the performance bank guarantee (PBG) of ₹150 crore towards the first tranche payment of ₹350 crore. JKC's counsel said, «NCLAT has approved the implementation of the resolution plan as originally approved without any deviations and has given directions to lenders for specific and immediate implementation.» Jet Airways did not comment on the tribunal's orders till press time. «The PBG of INR 150 crore, which is lying with the monitoring committee, shall be adjusted towards the first tranche payment of Rs 350 crore as INR 200 crore has already been paid by the SRA,» said the NCLAT. JKC had deposited ₹200 crore in two tranches by September last year. The lenders had argued that JKC had not complied with the conditions of the resolution plan, ranging from payment of airport dues to payment of the first tranche, and hence could not transfer the ownership of the airline.

The nation’s top public health agency is expanding a program that tests international travelers for COVID-19 and other infectious diseases

Police in southeastern Poland say that an alert tax driver prevented a scam in which an elderly woman would have lost the equivalent of about $36,000 for a phony bailout of relatives from jail

Also Read: Here are ‘key issues’ that the Citizenship Law may solve To allay fears of discrimination against Muslims in India, the MHA released a statement saying 18 crore Indian Muslims have equal rights like their Hindu counterparts and no citizen would be asked to produce any documents to prove his citizenship. "Indian Muslims need not worry as CAA has not made any provision to impact their citizenship and has nothing to do with the present 18 crore Indian Muslims, who have equal rights like their Hindu counterparts.

According to data from the US Bureau of Labor Statistics, US CPI rose to 3.2% in February, surpassing expectations for it to remain unchanged from January's figure of 3.1%. Shelter and gasoline were the most significant contributors, responsible for over 60% of the monthly increase in the index for all items. Hotter than expected US inflation tempers Fed rate cut expectations Nathaniel Casey, investment strategist at Evelyn Partners, said that although the figure was «warmer than expected», it is unlikely to prevent the Fed from cutting rates later in the year. Quilter Investors...

students were detained on Tuesday as they gathered to protest against the implementation of the Citizenship Amendment Act (CAA) at the Delhi University Arts Faculty, police said. Scores of students from the Left affiliated AISA had called for a protest against the implementation of the CAA notified by the Centre on Monday. Delhi University AISA unit president Manik Gupta said that the students were detained by the police even before the protest started. «Many students who were simply standing outside the Arts Faculty and not participating in the protest were detained by the police on the basis of mere doubt,» he alleged, claiming that students were brutally handled.

A recent survey by security.org found that globally 65% of the debit and credit card holders have had a fraudulent charge on their account at least once. The option for a virtual card provides users with an additional layer of protection. It improves the security of account holders especially while making online purchases by means of preventing sensitive details from falling into the hands of criminals. Many major credit card issuers provide virtual cards.

Sources indicate that 27 properties owned by Krishn Buildtech Pvt Ltd, headquartered in Haryana, are currently under investigation in Delhi, Gurugram, and Sonipat under the Prevention of Money Laundering Act (PMLA). The company's founders are Amit Katyal and Rajesh Katyal.The investigation concerns the suspected transfer of ₹400 crore from homebuyers' funds by the company's promoters, who allegedly sent the funds abroad for storage.

Aadhaar details until June 14, 2024 from the current March 14 deadline. According to the UIDAI post on social media X, “UIDAI extends free online document upload facility till 14th June 2024; to benefit millions of Aadhaar holders. This free service is available only on the myAadhaar portal. UIDAI has been encouraging people to keep documents updated in their Aadhaar.”

Limra has entered into a strategic partnership aimed at enhancing fraud prevention in the retirement services and life insurance sectors.

Enforcement Directorate (ED) is carrying out searches at premises linked to Jharkhand Congress MLA Amba Prasad, ANI reported. Searches are ongoing at 36-year-old Prasad's Ranchi residence and other locations.

With Women’s History Month in full swing, Limra is highlighting the untapped potential of the women consumers in the life insurance industry and providing a number of reasons the life insurance sector should further engage with female consumers to foster industry growth.