New Delhi, May 12 (IANS) As enterprises across the Asia Pacific (APAC) region rapidly adopt artificial intelligence (AI) technologies, API security incidents are imposing steep financial costs, with the average estimated loss per incident now exceeding $1 million, a report showed on Tuesday.The report by Akamai Technologies highlighted that 81 per cent of organisations in the region experienced at least one API security incident in the past 12 months.The average cost per incident has risen sharp…
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New Delhi, May 7 (IANS) The future of globalisation, multilateralism, and geoeconomics will be shaped by policy choices, institutional choices and leadership choices, and India must not approach this era defensively, according to a new report.Nirupama Rao, former Indian Foreign Secretary and distinguished Indian Foreign Service officer, writes in India Narrative that “we have the capacity — economically, diplomatically, and intellectually — to influence that outcome”.“Not alone, of cou…
New Delhi, May 4 (IANS) Bengaluru has been identified as the world’s fastest‑growing major city by 2035, driven by a strong talent base and its rise as a Global Capability Centre hub, a report said on Monday.The report from property consulting firm Savills said its index — which assessed 245 cities — placed multiple Indian cities in the top 20 and found Asia Pacific accounted for 85 per cent of these fastest‑growing cities.Asia Pacific cities accounted for three-quarters of the top 50 s…
Beijing, May 3 (IANS) China remained the world’s largest prison for journalists and its regime conducted a campaign of repression against journalism and the right to information across the world, Paris-based Reporters Without Borders (RSF) said in its latest annual survey. Currently, China has 110 journalists and three media workers in detention, as per the report. The Chinese regime has been using surveillance, coercion, intimidation and harassment to stop independent journalists from reporting…
Tokyo, May 1 (IANS) Japan purchased a shipment of Russian oil on Friday, which is the first purchase since February 2022. Japan relies on West Asia for over 90 per cent of its crude oil imports, the majority of which pass through the Strait of Hormuz, and has been releasing its national oil reserves to stabilise domestic supply.The oil purchased from Russia, carried by the oil tanker Voyager, is expected to arrive at the port of Kikuma on Shikoku Island on May 3, according to the Russian state-o…
New Delhi, May 1 (IANS) US tech giant Apple achieved March quarter revenue records and saw double-digit growth in nearly every emerging market, including India, according to its CEO Tim Cook.He said, “We set March quarter revenue records and grew double digits in every geographic segment including strong double-digit growth in Greater China and the rest of Asia-Pacific”.“We also achieved March quarter revenue records in both developed and emerging markets and saw double-digit growth in nea…
New Delhi, April 30 (IANS) India’s asset under management grew 17 per cent in 2025 — ahead of the Asia-Pacific average of 12 per cent, a new report has said.Global assets under management crossed $147 trillion in 2025, up 11 per cent year-on-year, driven predominantly by market performance, the report from BCG said.In the Asia-Pacific, retail business grew at 15 per cent, outpacing institutional growth of 9 per cent, reflecting a structural shift in how individuals engage with financial mark…
New Delhi, April 28 (IANS) Geospatial information has become a critical public good for planning, disaster response and sustainable development, and India is advancing an interoperable national geospatial ecosystem, a senior government official said on Tuesday.”India’s National Geospatial Policy marks an important milestone in building an open, interoperable, and innovation-driven geospatial ecosystem aligned with international best practices,” said Narendra Bhooshan, Secretary, Department of …
Tokyo, April 25 (IANS) Japanese Prime Minister Sanae Takaichi has held a key meeting on the situation in the Middle East and said Japan expects to secure around 60 per cent of its crude oil needs for May through routes that do not pass the Strait of Hormuz.The PM’s Office of Japan, quoting Sanae Takaichi, wrote on X: “I held a Ministerial Meeting on the Situation in the Middle East. Regarding alternative crude oil procurement that does not pass through the Strait of Hormuz, we have an outlook fo…
New Delhi, April 21 (IANS) High Commissioner of India to Singapore, Shilpak Ambule, on Tuesday said that India is well-positioned to emerge as a strategic supplier of food and agricultural products, addressing food security concerns and evolving demands of Singapore’s cosmopolitan and premium consumer market.The High Commissioner made the comment at the Food & Hospitality Asia (FHA) show in Singapore Expo during the inaugural edition of Indusfood Asia hosted by the Trade Promotion Council …