The Insurance Regulatory and Development Authority (IRDAI) has offered another reprieve to the insurers from the transition of the new accounting standards (Ind AS) from the coming financial year, 2020-21. The implementation of these standards which are comparable to the globally accepted International Financial Reporting Standards (IFRS) is now indefinitely postponed. … [Read more...] about IRDAI defers new accounting norms for insurers
New york press release
Amazon Web Services and Microsoft’s Azure both provide services that can identify faces as faces, and match them in a database with faces published online, either in ads or social media. For instance, a law enforcement tool called Thorn uses Amazon’s Rekognition to scan the internet for images of children who have been sold into sex trafficking. But these tech giants don’t offer products that essentially capture a face in public and run a search through the internet for the same face, as Clearview AI does. … [Read more...] about Privacy groups want a federal facial-recognition ban, but it’s a long shot
Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Do India’s pubic sector bank employees deserve a 20% pay hike?