n its report tabled in Parliament last week, the Public Undertaking...
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Income Tax Department cautions taxpayers against rise in fake emails, SMS scams
Fraudsters, the Department warned, are increasingly using fake...
CBDCs more superior to Stablecoins as they satisfy all attributes of money: RBI DG T Rabi Sankar
"Stablecoins can undermine trust in the currency and finance...
Star Health absolves security chief in data leak incident
The company said that alleged communication between a hacker and the security officer were fabricated by the hacker. In August, Star Health faced a data leak, where stolen customer data including medical reports, were publicly accessible via chatbots on messaging app...
Census likely from early 2025, data will be declared by 2026
The 31 questions to be asked to each family under the census exercise include the total number of persons normally residing in the household, whether the head of the household is a woman, the number of dwelling rooms exclusively in possession of the household, the...
No offence made out HC quashes FIR against ex-MD of Go First for ‘data theft’
Wolfgang Prock-Schauer, former managing director, Go First From March 2016 to December 2017, Prock-Schauer downloaded confidential information and shared it to his personal email and also to a third party. Since this information was confidential in nature, it has...
Lockton acquires Arihant Insurance Broker, receives IRDAI approval
Lockton, the world's largest independent insurance brokerage, had announced its entry into the Indian market in January this year and had acquired Arihant Insurance Brokers in June from Arihant Capital Market Ltd. Hyderabad: US based Lockton is now a licensed...
At least 50 Indian flights receive bomb threats; 2 diverted on Sunday
In 14 days, more than 350 flights operated by the Indian carriers have received hoax bomb threats. Most of the threats were issued through social media At least two IndiGo flights were diverted following threats. Its flight 6E 133 (Pune to Jodhpur) was diverted to...
Cryptocurrencies huge risks to financial stability, RBI Governor
Shantikanta Das,Governor, Reserve Bank of India ``I am actually of the opinion that this is something which should not be allowed to dominate the financial system. Because it has huge financial stability risks, it has huge monetary stability risks, it also poses risks...
Regulatory changes to provide necessary push to surety bonds business say experts
"The expectation that surety bonds should be cheaper than bank guarantees is unsustainable for insurers. Issues related to pricing, reinsurance options, and lack of clarity on indemnity documents further hinder progress. The Indian Contract Act and Insolvency and...
Cyclone Dana impacted 35.95 lakh people in Odisha no human casualty so far Minister
The worst-hit districts include Kendrapara, Balasore and Bhadrak, while the human casualty “still stands at zero”. Whenever there is a disaster, people lose their houses and get compensation. This time, we want to bring a permanent solution to the problem and provide...
Govt floats draft bill to amend arbitration law, adds proviso for emergency arbitration
The Department of Legal Affairs in the law ministry has invited comments on the draft Arbitration and Conciliation (Amendment) Bill, 2024, saying "the aim and purpose is to provide further boost to institutional arbitration, reduce court intervention in arbitrations...
PM Modi warns about ‘digital arrest’
Narendra Modi, Prime Minister "There is no legal system called digital arrest; it's purely fraud, deceit, a criminal enterprise by those who are enemies of society. Various investigative agencies, in collaboration with state governments, are actively working to...