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Delhi airport roof collapse raises concerns over Govt’s massive infra push
The issues cast a harsh spotlight on Modi’s building spree, which...
BJP’s women wing calls for probe into Foxconn India hiring practices
Foxconn hiring agents and HR sources interviewed by Reuters cited...
Google says North Korea-backed hackers sought cyber research
While the country has denied involvement, North Korea has been linked to major cyberattacks, including a 2013 campaign that paralysed the servers of South Korean financial institutions, the 2014 hacking of Sony Pictures, and the WannaCry malware attack of 2017.
Insurers face ‘mind-blowingly’ large loss if Olympics cancelled
The IOC and Japanese organizers have been adamant that another postponement isn’t an option. So it appears more likely the Games would have to be canceled, rather than postponed again, if they weren’t able to go ahead in Tokyo this summer.
Analysts at Jefferies have estimated the Tokyo Olympics is insured for around $2 billion, plus a further $600 million for hospitality.
The IOC takes out around $800 million of protection for each Summer Games, which covers most of the roughly $1 billion investment it makes in each host city.
How many variants of the coronavirus are there?
Data so far suggests current vaccines should still protect against these variants, though there’s some concern their effectiveness may be slightly diminished. There is some evidence that some antibody treatments may be less effective against certain variants.
Airlines ask WHO to back quarantine-free travel after vaccines
“We can say whatever we want, what we do need is for the WHO to come out and say the same thing, so that it becomes a universal acceptance that once you’re vaccinated you should not have to go through any of these hoops,” Nick Careen, IATA’s senior vice president for passenger matters, said in a briefing.
India’s rank slips to 86th in corruption perception index 2020
Delia Ferreria Rubio, chair of Transparency International'(TI) said that Covid 19 is not just a health and economic crisis, it is also an economic crisis,which we are currently failing to manage. She said that countries with higher levels of corruption have been less able to meet the pandemic challenge.
Indian startups attract $10.14 billion in funding in 2020: Report
In terms of sectors, e-commerce attracted the highest investment with $3 billion, followed by fintech at $2.37 billion and edtech at $1.52 billion.
The report said Bengaluru, Delhi NCR and Mumbai accounted for 90 per cent of the startup investments in the country, signalling concentration of angel investors and appetite in these regions.
Bengaluru led with $4.3 billion in startup investments, followed by Delhi NCR ($3 billion) and Mumbai ($2 billion).Globally, startups raised over $308 billion in funding, with the US garnering $165 billion.
Governments, insurers should work together on global risks-executives
“Public-private partnerships are the only way to tackle climate risk,” insurance broker Willis Towers Watson CEO John Haley said at a virtual meeting of the World Economic Forum.
Zurich Insurance CEO Mario Greco said insurers did not have the capacity to tackle climate and cyber risks alone, but neither should such problems be outsourced wholly to governments.Governments and insurers in Europe and the United States are considering state-backed reinsurance programmes for future pandemics, though some insurance sources have said progress has been slow, as governments focus their attention on dealing with the current crisis.
Cyber Insurance- a must for Enterprises
A cyber insurance cover is a must especially for corporates as it is designed to help an organization mitigate risk exposure by offsetting costs involved with recovery after a cyber-related security breach or similar event.
Currently, insurance covers are designed to protect against a number of cyber exposures that can impact businesses including direct costs to the corporates as well as claims/losses from third parties.
IT minister to launch ‘Work from Anywhere’ portal, Tejas Virtual Intelligence tool at NICSI event
Prasad would also launch the ‘Work from Anywhere’ portal, a virtual environment that enables employees to ”access routine applications like e-office, calendar, mail, and other departmental applications and communicate across through VC ensuring safety during this pandemic with social distancing and work assurance from anywhere”.
Fresh Covid-19 rules: Swimming pools for all, more can watch films in halls
According to these new guidelines, to be effective for February 1, there shall be no restriction on inter-state and intra-state movement of people and goods including those for cross land-border trade under treaties with neighbouring countries.
Social, religious, sports, entertainment, educational, cultural, religious gatherings have already been permitted up to a maximum of 50 per cent of the hall capacity, with a ceiling of 200 people in closed spaces; and keeping of the size of the ground or space in view, in open spaces.