NEW DELHI: The Central Consumer Protection Authority (CCPA) on Wednesday warned hotels and restaurants of action in case it found them levying additional charges under heads such as “LPG charges,” “gas surcharge,” and “fuel cost recovery” in food bills.The authority issued an advisory invoking provisions of the Consumer Protection Act observing that such charges are…
Artificial intelligence agents will be deployed starting Wednesday by law enforcement agencies using analytical tools provided by TRM Labs, which added the new agents that are meant to allow investigators to use regular language to frame their searches. The new investigative assistant is embedded in the TRM Forensics service that’s extended to law enforcement agencies,…
NEW DELHI: PM Narendra Modi has once again topped global popularity charts, securing 68% approval rating in the latest Morning Consult survey, reaffirming his position as the world’s most popular democratic leader.The US-based data analytics firm said 26% of respondents disapproved of Modi’s leadership, while 6% remained undecided. The ratings are based on a trailing…
NEW DELHI: India has tightened its digital security framework, mandating stricter compliance for telecom equipment, CCTV systems and data protection, amid heightened concerns over vulnerabilities in surveillance infrastructure and emerging espionage risks flagged by recent investigations.The move comes against the backdrop of long-standing concerns over the widespread use of imported CCTV equipment -particularly from Chinese…
Coinbase is walking a tightrope in the negotiation over the Clarity Act, telling the staffs of U.S. senators that the company is not happy with where the lawmakers landed in their latest compromise, according to people familiar with the situation, but it hasn’t openly declared its opposition. The proposed agreement was shown to stakeholders in…
NEW DELHI: The decision of some West Asian cities, including Dubai, to start returning to business as usual amid an unrelenting war is forcing a significant number of Indians to spend lakhs to get back. These people had somehow managed to come to India after Feb 28 or were here before that and now are…
MUMBAI: With credit growth at 14.5% outpacing deposit growth at 11.9% as of Feb 28, banks have stepped up reliance on certificates of deposit, with their share rising to 2.6% of total deposits, the highest in a decade, reflecting a widening structural gap between asset creation and liability mobilisation.The Indian banking system is navigating a…
NEW DELHI: After extensive consultation, govt has decided to retain the retail inflation target for the monetary policy committee at 4%. For the next five years, the tolerance band of 2-6% has also been retained, according to a notification issued by the finance ministry on Wednesday.The targets have been in place for 10 years now…
Elon Musk’s social media platform X has hired a new head of design with deep roots in crypto product development, as the platform continues to expand into payments and financial services. Benji Taylor said in Wednesday post that he now leads design for X under its ties to xAI and SpaceX. Taylor founded Los Feliz…
BENGALURU: Infosys has strengthened its healthcare and insurance capabilities with a twin acquisition push, committing up to $560 million to expand its footprint in the US market.The company has signed a definitive agreement to acquire Optimum Healthcare IT for up to $465 million-one of its largest acquisitions in recent years-as it deepens its presence in…
