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Intermediary-led model keeps insurance costs elevated: Praxis Global | Insurance News

Business Standard

Intense competition to secure intermediary mindshare and wallet share keeps commission payouts structurally high, resulting in persistently elevated expense ratios across the general insurance industry, according to a Praxis Global Alliance report.  In the intermediary-led model, there is a nearly 15–20 per cent differential between commissions for new and renewal business, but renewal […]

How Virgin Atlantic ships faster with Codex

How Virgin Atlantic used Codex to ship its revamped mobile app on a fixed holiday travel deadline, reaching near-total unit test coverage and zero P1 defects. Source link

Waymo suspends freeway driving amid safety concerns

On Thursday, Waymo customers opened up the app and noticed something unusual: no more freeway service. Trips that would normally take a few minutes on the freeway were suddenly projected to last much longer via local roads. The company later confirmed that it had suspended freeway driving across all of its US markets over concerns […]

AI is being used to resurrect the voices of dead pilots

In the latest sign of these AI-heavy times, the National Transportation Safety Board temporarily removed access to its docket system after discovering that voices of pilots who were killed in a UPS plane crash last year had been re-created using AI and were circulating on the internet. The NTSB is prohibited by federal law from […]

FY26 NRI deposits declined to $14.4 billion: RBI’s monthly bulletin | Finance News

Business Standard

Reserve Bank of India data showed inflows into India’s NRI deposit schemes moderated in FY26, mainly due to a sharp slowdown in FCNR(B) deposits. | Image: Bloomberg 2 min read Last Updated : May 22 2026 | 11:30 PM IST Inflows into India’s non-resident deposit schemes moderated in 2025-26 (FY26), while outstanding deposits remained […]