The facility will create a portfolio of war risk insurance policies...
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India clocks 12 pc rise in deal volume in Jan-Oct, China sees 23 pc decline
A total of 11,808 deals (mergers and acquisitions, private equity...
Sitharaman responds to X user seeking relief for middle class
"PM @narendramodi's government is a responsive government. Listens...
New Saudi airline plan takes aim at Emirates, Qatar Airways
Crown Prince Mohammed bin Salman, who is pushing economic diversification to wean Saudi Arabia off oil revenues and create jobs, announced a transportation and logistics drive on Tuesday aimed at making the kingdom the fifth-biggest air transit hub.
EU working to allow acceptance of AstraZeneca’s India vaccine jab, Commission says
The EU vaccine passport programme allows people to travel freely within the bloc as long as they have had one of four Western-made vaccines. While this includes the AstraZeneca shot, it does not extend to Covishield, the Indian version of the vaccine produced by Serum Institute of India (SII).
Smartphones, digital technology not making people dumber: Study
Computers, tablets and smartphones, he says, function as an auxiliary, serving as tools that are good at memorization, calculation and storing information and presenting information when you need it.
Additionally, smart technology augments decision-making skills that we would be hard-pressed to accomplish on our own, says the paper’s lead author Lorenzo Cecutti, a PhD candidate at the University of Toronto.
White House reaching out with assistance to latest ransomware victims
“The two biggest regions we’ve seen are USA and Germany,” Ross McKerchar, chief information security officer at Sophos Group Plc, said of the impact from the latest ransomware. Those affected included schools, small public-sector bodies, travel and leisure organizations, credit unions and accountants, he said.
Govt readies amendments to GIBNA for insurance PSU privatisation
The NITI Aayog was entrusted with the task of recommending a suitable candidate for privatisation of two public sector banks and one general insurance company. The government think-tank is believed to have suggested the name of United India Insurance to the Core Group of Secretaries on Disinvestment headed by the Cabinet Secretary.
Picking up speed, tropical Storm Elsa moves towards south-central Cuba
Elsa had arrived earlier in the day in eastern Cuba, whipping palms with strong winds and bringing a steady downpour along with parts of the southern coast. Miami-based NHC said data from an aircraft indicated maximum sustained winds were near 65 miles per hour (100 km per hour) with higher gusts. It had downgraded Elsa from a hurricane on Saturday.
Homeless, beggars should work; everything can’t be provided to them by state: HC
“They (homeless persons) should also work for the country. Everyone is working. Everything cannot be provided by the state. You (petitioner) are just increasing the population of this section of the society, the high court said.
The court also raised questions on the petitioner, saying that granting all the prayers sought in the petition would be like an “invitation to people not to work”.
After Didi, China launches cybersecurity probe into more U.S.-listed firms
The three app-based businesses should halt new user registrations during the review, the the Cyberspace Administration of China said in a statement, adding that the investigations are to “prevent national data security risks and safeguard national security”. The cyberspace agency did not offer further details about the investigation into the three apps, but cited China’s national security law and cybersecurity law.
HC shocked over govt raising false claims with impunity, seeks rules to hold officers accountable
The high court, which termed it as a matter of grave concern, said it was of the prima facie view that whenever a false claim is raised by the government, it causes immense injustice to the litigant seeking justice and also puts unnecessary burden on the court.
Suez Canal says deal reached to free seized vessel
At first, the Suez Canal Authority demanded $916 million in compensation, which was later lowered to $550 million.
The authority did not reveal details on the settlement deal with the Shoei Kisen Kaisha Ltd., the Japanese owner of the Ever Given. It said the deal will be singed in a ceremony in the Suez Canal city of Ismailia on Wednesday.
The canal authority will receive a tug boat with a pulling capacity of about 75 tonnes as part of a settlement to release the container ship Ever Given, which blocked traffic at the waterway for six days in March, Rabie told a private TV channel.