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Sebi introduces new incentive structure for mutual fund distributors
Under this, asset management companies (AMCs) will pay these...
Individual NBP for life insurance growth estimated at 9 pc in FY2026: Icra
"The GST exemption on individual life insurance policies, which...
US issues warning on Microsoft outage, Nadella says working to bring systems back online
“Threat actors continue to use the widespread IT outage for phishing and other malicious activity. CISA urges organisations to ensure they have robust cybersecurity measures to protect their users, assets, and data against this activity,” it said in a statement San...
Major global IT outage grounds flights, hits banks and businesses around the world
A global tech outage that appeared to be related to issues at cybersecurity firm CrowdStrike and Microsoft on Friday affected operations in sectors including airports, airlines, media and banks. Below is a list of disruptions that have been reported: AIRLINES,...
Global tech outage disrupts industries, highlights risks of interconnected world
A software update by global cybersecurity firm CrowdStrike appeared to have triggered systems problems that grounded flights, forced some broadcasters off air and left customers without access to services such as healthcare or banking A worldwide tech outage crippled...
India working with Microsoft to help impacted entities: IT Minister Ashwini Vaishnaw
Millions of Microsoft Windows users experienced the “Blue Screen of Death” error that caused their computers to shut down or restart.The government has also issued an advisory on the outage of Microsoft Windows owing to the CrowdStrike agent 'Falcon Sensor' update The...
Microsoft resolves cloud outage that led US airlines to ground flights
Microsoft said its outage started at about 6 pm ET on Thursday, with a subset of its customers experiencing issues with multiple Azure services in the Central US region. Azure is a cloud computing platform that provides services for building, deploying, and managing...
World Bank eyes first ‘drought’ bond in next 12-18 months
“We would love to do something in the drought space, that is something we are working on,” said George Richardson, director of the capital markets and investment department at the World Bank Treasury told Reuters, adding this would be most likely focussed on Africa...
Livestock census to start in September Punjab Minister
This will be the first time that pet dogs and cats will also be counted and .This is also the first time that cattle at 'gaushalas' and cattle being reared by nomadic tribes will be counted separatel Chandigarh:Punjab Animal Husbandry minister Gurmeet Singh Khuddian...
“Megatrend” Risks are not getting properly addressed by business entities, finds out Aon Survey
The survey results highlight that supply chain risks are top of mind in the C-suite, with 74 percent of business decision makers saying that their responsibility for supply chain or distribution functions has increased over the last year DUBLIN: Aon plc, a leading...
The fund managers Cat modeling keep winning bets
Karen Clark, co-founder and chief executive officer of the Boston-based firm that carries her name, says the cumulative effect of past climate change is an 11% jump in insured losses related to hurricanes. Her firm’s projections to 2050 suggest that climate change...
Allianz eyes 51% of Singapore’s Income Insurance with $1.6 billion offer
Allianz said the deal will turn it into the fourth-largest composite insurer in Asia, adding a household name in Singapore that distributes a full range of life and non-life products. Chief Executive Officer Oliver Baete, who is expected to outline new financial...