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SEBI proposes mandatory anti-money laundering certification for principal officers of market intermediaries
The proposed requirement seeks to establish a common minimum...
Gold ETF folios jump 2.6x in 3 yrs, outpaces large-cap funds: Report
According to the analysis, the total AUM of gold ETFs has climbed...
New cyberattack on supermarket fridges sweeps across Europe
The attack, which raised temperatures in refrigerator and freezer units at dozens of stores, hit supermarket groups Ahold Delhaize and Colruyt in Belgium and Luxembourg, as well as Swedish grocers ICA and Coop. Furniture-to-meatballs retailer IKEA also saw at least...
Spandana Sphoorty Financial reports Rs 7.80-cr cyber fraud incident
Microlender Spandana Sphoorty Financial on Monday disclosed a cyber fraud incident involving unauthorised transactions of Rs 7.80 crore debited from one of its bank accounts on November 1. The company said the unauthorised transactions of approximately Rs 7.80 crore...
Chouhan asks officials to draw up strategy on drought, cyclones, erratic rain
Shivraj Singh Chouhan,Agriculture Minister "Formulate a concrete strategy in the best interest of farmers," Chouhan directed the officials, emphasising that the government must approach the farmers' crisis with the utmost sensitivity, ensuring that there are no...
Pilots body seeks immediate safety review of commercial helicopter operators in Uttarakhand
Urging the ministry to audit helipads and passenger movement arrangements, it asked it to ensure that operational clearances are supported by current weather information and an effective safety risk assessment. Mumbai: Federation of Indian Pilots (FIP) on Monday...
Binance’s $6.3 Billion Hack: How Crypto insurance works
When a crypto exchange suffers a hack, losses can be covered through a combination of insurance payouts, the company’s own capital and emergency funds set aside to compensate customers. Hackers stole $6.3 billion from Binance in the world’s biggest crypto heist,...
Govt sets up high-level banking reform panel headed by former CVC Suresh N Patel
Suresh N Patel, former Central Vigilance Commissioner Besides Patel as chairman, the panel will include RBI Deputy Governor Shirish Chandra Murmu, former Indian Bank MD and CEO Padmaja Chunduru, and former RBI Deputy Governor N S Vishwanathan as members. New Delhi:...
Centre notifies National Social Security Board, bringing gig & platform workers under Labour Codes
The National Social Security Board shall recommend to the Central government the framing of suitable schemes for different sections of unorganised workers, gig workers and platform workers. New Delhi: The government has notified the National Social Security Board for...
India records one of the fastest poverty declines in the world, poverty down from 27.1% to 2.6%: World Bank
The report attributed the decline mainly to strong consumption growth, rising employment, particularly among women, and expanded social transfers, including food subsidies. Poverty is expected to decline further, although at a slower pace. The World Bank's projections...
Assam monitoring situation after glacial lake outburst in Bhutan
A flood caused by the Shintaphu glacial lake bursting its banks has washed away infrastructure at the Gasa Tshachu natural hot springs in the Himalayan kingdom of Bhutan, media reports said on Friday. Guwahati: The Assam government was closely monitoring the...
Chinese AI model carries out complex cyberattacks in controlled tests, researchers say
The findings underscore concerns that increasingly capable AI models lower the technical barriers to sophisticated cyberattacks. This is particularly the case with many Chinese AI models like GLM-5.3 that are open-weight, meaning they are available for users to...