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Govt launches AI tools, e-commerce safety measures to boost consumer protection
The Consumer Protection Authority (CCPA) is drafting new guidelines...
Govt to issue guidelines on pesky calls next month: Consumer Affairs Sec
Consumer Affairs Secretary Nidhi Khare said the department has...
Sex scandal in Alibaba sparks #MeToo moment in China
“An Alibaba executive raped his female employee, but the company has taken no action!” she screamed, handing out the leaflets to stunned colleagues until security guards forcibly removed her. “No one is taking responsibility!”
The allegations she printed on those pages, and in a lengthy post over the weekend that went viral on China’s tightly controlled internet, are now reverberating across the upper echelons of Alibaba and in C-suites across much of the country.
Accenture says ransomware attack had no impact, withholds comment on data
Accenture said in a statement Wednesday that it had “identified irregular activity in one of our environments” and ” immediately contained the matter and isolated the affected servers.” It did not specify when the incident occurred — or acknowledge that it was ransomware. But the description of its response was consistent with ransomware.
A third of India Inc sees deterioration in financial health in June qtr: Report
A falling GST compliance score clearly indicates that the financial health of nearly one-third of businesses being monitored deteriorated in Q1 of FY22, suggesting higher risk levels in the quarter, said Kaushal Sampat, co-founder of Rubix, which is an analytics-based B2B risk management and monitoring platform.
China’s Communist Party unveils new plan for law-based governance
The new focus on governance comes in the midst of the on-going crackdown on China’s major corporates, including Alibaba, Tencent and the car hailing app, Didi, which resulted in a big drop in the shares of many Chinese firms listed in the US and Hong Kong markets.
Govt ready to do everything required to revive economy, push growth: FM
Despite disturbances for political purposes, the finance ministry and corporate affairs ministry alone got seven important bills, including DICGC Amendment Bill 2021, Factoring Regulation (Amendment) Bill, 2021, Insolvency and General Insurance Business (Nationalisation) Amendment Bill, 2021, cleared in Parliament.
She also assured the industry that the government’s commitment to disinvestment and privatisation announced in the Budget 2021-22 will be met.
Doctors, public health experts emphasise importance of consumer-friendly food, beverage warning labels
Dr Madhukar Mittal (Additional Professor, Department of Endocrinology, All India Institute of Medical Sciences (AIIMS), Jodhpur) stated that the evidence linking consumption of processed and packaged foods high in salt, sugar and fats – otherwise known as nutrients of concern – to diabetes, heart disease and various forms of cancer is irrefutable.
He further stated that “India is fast emerging as the diabetes capital of the world. Obesity is on the rise. The entire food system must act now to safeguard people’s health. The food industry tends to make its food products more palatable by adding excess sugar or salt. As a result, we are consuming unnatural levels of these harmful ingredients – far exceeding the recommended thresholds.”
Airlines can operate maximum of 72.5 pc pre-Covid domestic flights: Govt
The carriers have been operating 65 per cent of their pre-Covid domestic flights since July 5 according to the ministry’s order. Between June 1 and July 5, the cap was at 50 per cent.
The ministry issued a fresh order on Thursday, wherein it modified the July 5 order stating that ”65 per cent capacity may be read as 72.5 per cent capacity”.
Covid jabs may not provide absolute protection but reduces risk of death, complications: Soumya Swaminathan
The World Health Organisation’s chief scientist said there will be a need to be on guard in the months to come as well.
WHO to decide on authorising Indian-made vaccine
Dr. Mariangela Simao, a WHO assistant director-general for vaccines, says the UN health agency’s assessment of the Bharat Biotech vaccine was “quite advanced” and officials hoped for a decision by mid-September.
A new phishing attack lurking to scam banking customers: Advisory
“It has been observed that Indian banking customers are being targeted by a new type of phishing attack using ngrok platform.”
“The malicious actors have abused the ngrok platform to host phishing websites impersonating internet banking portals of Indian banks,” according to the advisory issued by CERT-In on Tuesday.