A spike in cyberattacks has accompanied the war between Israel and...
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Rio Tinto reaches $138.75 million settlement over Mongolian mine
Lawyers for the shareholders plan to seek legal fees of up to 13%...
Toyota’s Japanese insurer sues South Africa over $361 million flood claim
The claim alleges that the floods, which closed the Prospecton...
Govt working to bring in e-commerce policy, rules under consumer protection act on same page
''We are holding discussions to harmonise e-commerce policy and e-commerce rules under the consumer protection act…While doing so, we will try to ensure that whether a regulator or some other way…rules that will ensure that the customer is the king,'' Secretary of the...
Inflow in equity mutual funds drop 68% in April to Rs 6,480-cr
Overall, the 42-player mutual fund industry witnessed a sharp turnaround in April as it attracted Rs 1.21 lakh crore, on huge contributions from debt-oriented schemes, after seeing an outflow of Rs 19,263 crore seen in the previous month Mumbai: Inflow in equity...
Obesity in children is rising dramatically, and it comes with major – and sometimes lifelong – health consequences
Severe obesity carries a heightened risk of liver disease, cardiovascular disease and metabolic problems such as diabetes. As of 2016, almost 8% of children ages 2 to 19 had severe obesity By 2060, the number of people under 20 with type 2 diabetes will increase by...
World Bank approves USD 82 mln for zoonotic disease prevention in India
Animal disease outbreaks globally continue to pose risks to public health systems and have enormous economic costs. With India having the largest livestock population in the world, these risks are particularly high, it said. Foot and mouth disease alone costs the...
57% of all fraud incidents in India now ‘platform’ frauds: Report
More than 26 per cent of Indian organisations lost over $1 million due to platform fraud, and 44 per cent of the perpetrators were found to commit fraud for financial gain, according to PwC's second edition of 'Global Economic Crime and Fraud Survey 2022: India...
China audits littered with deficiencies, US accounting watchdog finds
The U.S. Public Company Accounting Oversight Board (PCAOB)published the findings of its inspections after gaining access to Chinese company auditors' records for the first time last year following more than a decade of negotiations with Chinese authorities. That...
ED action against companies can trigger reputational risks:Fitch
Such searches need not lead to further regulatory action, but investigations raise reputational risk that could tarnish a lender’s business prospects and constrict funding access due to reduced market confidence - potentially affecting an issuer’s credit profile -...
Over 500mn cyberattacks blocked in India in Q1 2023: Report
"It is interesting to see how industries such as BFSI and Healthcare are more targeted by vulnerability and bot attacks. Clearly, attackers are more interested in Personally Identifiable Information (PII) from these sectors. That said, other industries including SaaS...
Govt to examine WhatsApp’s breach of privacy: Minister
Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology In a tweet, the minister said the government will examine the alleged breach of privacy even as the new Digital Personal Data Protection Bill was being readied.This followed a claim...
India builds more hospitals as population surges but doctors in short supply
India's doctor-to-patient ratio hit a record high of 1.2 doctors per 1,000 patients in 1991, according to the World Health Organisation (WHO), but as its population surged, the ratio dropped to about 0.7 in 2020. Outside the big cities, the lack of specialised care is...