The planned fund would provide a clear legal mechanism to finance...
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Karnataka HC rejects social media platform X Corp’s petition challenging takedown orders
"Social media needs to be regulated, and its regulation is a must,...
UK police arrest man over hack that affected European airports
Ransomware gangs routinely publicise attacks and leak stolen data...
Salaries in India to increase 9.5 pc in 2024: Aon survey
India continues to roll out the highest salary increases amongst the major economies amidst geopolitical tensions, followed by Bangladesh, and Indonesia with 7.3 per cent and 6.5 per cent average salary increases in 2024 New Delhi: Salaries in India are expected to...
Indian regulators seek to crack down on potential fraud in financial sector
While Indian banks have boosted spending on technology to detect potential money laundering and prevent fraud, the cases are rising. The number of reported frauds of more than 100,000 rupees ($1,205) rose 68 per cent to more than 14,000 from April to September last...
Lockbit cybercrime gang faces global takedown with indictments and arrests
LockBit ransomware group remains a key player in today's threat landscape, with 17 per cent of ransomware engagements in 2023, a new report said on Tuesday. An international law enforcement operation led by Britain's National Crime Agency and the FBI has arrested and...
Outlook for Indian economy appears bright, 7 pc GDP growth expected in FY’25: FinMin report
Talking about tailwinds for the next financial year, the report said prospects of healthy Rabi harvesting, sustained manufacturing profitability and underlying service resilience are expected to support economic activity in FY25 New Delhi:The outlook for the Indian...
More than half the world faces high measles risk, WHO says
"What we are worried about is this year, 2024, we've got these big gaps in our immunisation programmes and if we don't fill them really quickly with the vaccine, measles will just jump into that gap," the WHO's Natasha Crowcroft, a Senior Technical Adviser on Measles...
India seeks $26 bln of private nuclear power investments
This is the first time New Delhi is pursuing private investment in nuclear power, a non-carbon-emitting energy source that contributes less than 2% of India's total electricity generation. The funding would help India to achieve its target of having 50% of its...
IRDAI considers mandating Cross Boarder Reinsurers to furnish large collaterals for accessing Indian business
`The CBRs have been getting significant amount of premiums from India and their share in the Indian reinsurance market is increasing. It is now felt necessary to ring-fence the interests of Indian insurers to maintain their ability to meet obligations towards...
Yemen’s Houthis say ship attacked in Gulf of Aden may sink
“Shipping companies must weigh up the increased costs and journey times against the risk to their vessels, and, most importantly, the safety of the crew onboard,” insurance broker Gallagher Speciality Marine said in a report last week CAIRO/LONDON: Yemen’s Houthi...
Indian diesel diverted to Asian markets as Houthis attacks impact flows to Europe
Tankers heading to Europe or the Atlantic Basin are being forced by the Houthi threat to go around South Africa’s Cape of Good Hope, increasing journey lengths and costs, or use the Suez Canal, “with the risks involved and extremely high war risk insurance Shipments...
Goa govt, World Bank collaborate for blended finance facility for climate resilience
''Resilience is a crucial aspect of our vision for a balanced Goa that bridges economy and ecology and balances our aspirations for the health of our ecosystems and the development and wellbeing of our people,'' Chief Minister Pramod Sawant said Panaji: The Goa...