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Global IT outage: A ‘huge wake-up call’ for cyber insurance industry
Insurers are expecting a "wave of notifications" in the coming...
Insured losses from CrowdStrike’s outage likely total $540 million to $1.08 billion, says insurer Parametrix
Fortune 500 firms excluding Microsoft to see $5.4 bln in...
No proposal to recognise Bitcoin as a currency: FM
Finance Minister Nirmala Sitharaman The government plans to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 in the ongoing Winter Session of Parliament. The Bill seeks to ban all but a few private cryptocurrencies to promote...
COVID ‘Omicron’ variant: Centre advises States, UTs to enhance genomic surveillance of incoming passengers from ‘at risk’ countries
India has categorized 16 countries including some in Europe in "at-risk" category.The countries include the UK, France, Germany, Netherlands, Finland, South Africa, Brazil, Bangladesh, Botswana, China, Mauritius, New Zealand, Zimbabwe, Singapore, Hong Kong and Israel....
Spread of Omicron variant forces nations to rethink plans for global travel
Potentially more contagious than previous variants, Omicron has now been detected in Australia, Belgium, Botswana, Britain, Canada, Denmark, France, Germany, Hong Kong, Israel, Italy, the Netherlands and South Africa. Asian markets and oil prices regained some...
WHO reaches draft consensus on future pandemic treaty
A global agreement to strengthen pandemic prevention and responses, expected to be ready in May 2024, would cover issues such as sharing of data and genome sequences of emerging viruses, and of any potential vaccines and drugs derived from research. Member states of...
Omicron reportedly has 30+ mutations in spike protein region, may bypass vaccines: AIIMS chief
AIIMS chief Dr Randeep Guleria The future course of action will depend on what more data on its transmissibility, virulence and immunoescpae shows, AIIMS chief Dr Randeep Guleria said. The Indian SARS-CoV-2 Genomic Consortia INSACOG is closely tracking the new variant...
FPIs net buyers in Nov; invest Rs 5,319 crore
''Future of FPI flows is expected to remain volatile given key events such as upcoming state elections, expectation of rise in interest rates and concerns a new Covid variant will prompt fresh mobility restrictions, hindering economic recovery,'' said Shrikant...
India leading way in world of start-ups, says PM Modi
Indian Prime Minister Narendra Modi "This is the era of start-ups and it is also true that today India is leading the way in the world of start-ups. Start-ups here are getting record investments year after year. This sector is progressing very fast. In just 10 months,...
Global UBI premiums expected to surpass €150 billion by 2030: PTOLEMUS’ study
Will connected cars dominate the auto insurance industry? PTOLEMUS’ research ``Connected Auto Insurance Global Study 2021’’ finds out Elon Musk just tweeted Tesla’s intent to launch a UBI(usage based insurance) product in Texas in October, citing why, with the stream...
Omicron variant: Ajit Pawar calls meeting to review COVID situation in Maharashtra
Health Secretary Rajesh Bhushan, in a letter on Thursday to health secretaries of all states and Union Territories, said: "lt has now been reported by National Centre for Disease Control (NCDC) that multiple cases of a COVID-19 variant B.1.1.529 have been reported in...
Digital Child’s Play: protecting children from the impacts of AI
Conor Lennon from UN News asked Jasmina Byrne, Policy Chief at the UNICEF Global Insights team, and Steven Vosloo, a UNICEF data, research and policy specialist, about the importance of putting children at the centre of AI-related policies. Artificial intelligence has...