Spain’s main business lobby CEOE estimated the outage would shave...
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Into the Cyberverse: Industry must prioritise product innovation and investment
Luke Foord-Kelcey, Global Head of Cyber, Howden Re, commented,...
SC says digital access intrinsic to right to life, directs changes in KYC guidelines for disabled
A bench of Justices JB Pardiwala and R Mahadevan said the changes...
Deficient monsoon and excess rains afterwards, UP farmers stare at heavy losses
As per IMD data, Uttar Pradesh recorded almost 30 per cent less rainfall this monsoon season (June 1 to September 30). Because of this, 53 of the total 75 districts recorded deficient rainfall. The lack of rainfall too harmed farmers by affecting their Kharif crops...
China’s population flows to pressure some local governments’ financials: Fitch
China’s urbanisation rate is already advanced at 64.7%, close to the government’s target of 65% by 2025, following successive liberalisation of the household registration system in recent years. Still, we also expect some rural to urban migration to continue over the...
Singtel’s second unit faces cyber attack weeks after Optus data breach
Last week, Dialog realized “a very small sample” of its data, including some employee personal information, had been published on the dark web. Singapore: Singapore Telecommunications Ltd. said on Monday its unit Dialog faced a cyber attack that potentially affected...
Companies lack targets for employee mental health, study shows
Deloitte, one of the “Big Four” accounting firms, reported in 2020 that mental ill-health in the workplace cost companies on average 1,652 pounds, or $1,900 based on mid-September exchange rate, per private sector employee each year, CCLA cited There may be no...
Indian insurance industry can become 6th largest global market soon, says IRDA chief
Debasish Panda,chairman, IRDAI ``There are huge opportunities but we are not able to tap it specifically in the context of agricultural, disaster management and cyber insurance,'' said Debasish Panda,chairman, IRDAI Mumbai: Debasish Panda, chairman, IRDAI has said the...
Mutual funds assets rise to Rs 39.88 lakh cr in Sep on higher inflows into SIPs: Amfi
According to the latest monthly data from the Association of Mutual Funds in India (Amfi) released on Monday, the industry wide net AUM stood at Rs 38.42 lakh crore in September. Amfi said the month also saw the highest-ever folio addition to 13.81 crore. The retail...
Reliance’s brand new floating production system collides, no one injured
FPSO is a giant ship that not just has machinery to help produce oil and gas lying below the sea surface but also living quarters and work stations. Gangway is a raised platform or walkway providing a passage "Due to rough weather, the gangway from the accommodation...
Finance ministry mulls steps to curb cheque bounce cases: Report
Some of the steps suggested before taking legal recourse included debiting another accounts of the cheque issuer if his or her account is short of funds to honour the instrument, sources said The other suggestions were treating cheque bounce as default of loan and...
IDBI Bank bidders need to seek MHA security clearance in the first stage of bidding process
The DIPAM last week invited EoIs from prospective bidders of IDBI Bank offering to sell 60.72 per cent stake together with LIC. The last date for putting in bids is December 16 New Delhi: In a first, the government has made it mandatory for interested buyers of IDBI...
Car prices to rise as auto cos gear to comply with stricter emission norms
ICRA Vice President & Sector Head, (Corporate Ratings) Rohan Kanwar Gupta cautioned that as OEMs have been forced to take price hikes to counter inflation over the past 15-18 months, any further increase in the price of the vehicle could have a moderating impact...