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PB Fintech raises $218 million for its new healthcare venture
Yashish Dahiya, chairman, PB Fintech The venture, PB Health, will...
UK names China as dominant threat to its national cybersecurity
Richard Horne, chief of Britain’s National Cyber Security Center...
DICGC settles claims worth Rs 8,516.6 crore in FY22
The number of insured banks registered with DICGC stood at 2,040 as on March 31, 2022 Since the inception of deposit insurance, a cumulative amount of Rs 295.9 crore was paid up to March 31, 2022 towards claims of 27 commercial banks, Rs 10,524.3 crore towards claims...
Global debt levels rose ‘substantially’ in 2021 – World Bank’s Malpass
David Malpass, Presidnt,World Bank President IMF and World Bank officials say 25% of emerging market and developing economies are in or near debt distress, and the number rises to 60% for low- and middle-income countries. Climate shocks, interest rate increases and...
Australia to consider banning paying of ransoms to cyber criminals
Asked on ABC television on Sunday whether the government planned to look at outlawing ransom payments to cyber criminals, Australia's Home Affairs Minister Clare O'Neil said "that's correct". "We will do that in the context of … cyber strategy," she said Sydney:...
Global COVID cases will increase in coming months, but at a slower pace -report
The increase in cases is not expected to cause a surge in deaths, the University of Washington's Institute for Health Metrics and Evaluation (IHME) said Daily global COVID-19 infections are projected to rise slowly to about 18.7 million by February from the current...
Long-term goal of Paris Agreement requires phase down of all fossil fuels: India at COP27
“Natural gas and oil also lead to emission of greenhouse gases. Making only one fuel the villain is not right,” a source in the Indian delegation attending the climate talks told PTI. . New Delhi: As negotiators from 194 parties started working out a draft cover text...
Per capita income rose in real terms by 33.4 per cent since enactment of NFSA Centre to SC
"During last eight years, since the enactment of NFSA, per capita income of the population in India has increased in real terms by 33.4 per cent. The rise in per capita income of people is bound to have taken a large number of households to higher income class and...
Inflation print for Oct likely to be lower than 7 pc: RBI Governor
Shaktikanta Das,Governor,Reserve Bank of India “We expect the October number which will be released on Monday to be lower than 7 per cent. Inflation is a matter of concern with which we are now dealing and dealing effectively,” he said. New Delhi: Terming price rise...
Russian oil cap doubts spur insurer fears of ships left at sea
If insurance was withdrawn mid-voyage, buyers and traders would have to figure out what to do with a stranded cargo potentially exposed to sanctions, complicating a strategy to deprive Russia of funds over its invasion of Ukraine. Oil-laden tankers risk being left...
Twitter’s hectic overhaul puts world’s regulators on alert
Elon Musk The US Federal Trade Commission (FTC) regulates how Twitter handles user data and has been overseeing the company’s privacy and data security compliance since it put the company under a consent order in 2011, which requires Twitter to submit to independent...
GIFT-IFSC an attractive entry point for India says its chairman Srinivas
Injeti Srinivas,chairman,IFSCA "I think in the next five years, IFSCA will clearly establish itself as a very attractive entry point for India. It will start emerging as an international financial centre for even non-India businesses… In five (years) it will be...