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RBI issues master direction to ensure security of digital payments

The Master Direction lays down guidelines for internet banking, mobile payments, card payments, customer protection and grievance redressal mechanism.

“In view of the proliferation of cyber-attacks and their potential consequences, regulated entities should implement, except where explicitly permitted/ relaxed, multi-factor authentication for payments through electronic modes and fund transfers, including cash withdrawals from ATMs/ micro-ATMs/ business correspondents, through digital payment applications,” the RBI said.

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AstraZeneca vaccine faces resistance in Europe after health workers suffer side-effects

“AstraZeneca caused more side-effects than the Pfizer vaccine,” said Melanie Cotigny, communications manager at Saint-Lo hospital in Normandy.

“Between 10% and 15% of those vaccinated may have side-effects from this vaccination, but it is only a feverish state, fevers, nausea and within 12 hours it goes away.”

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As Covid-19 cases surge, lockdown back in two Maharashtra districts

Almost 80 to 90 per cent of new cases were being reported from Yavatmal, Pandharkawda, and Pusad cities, he said. “We have decided to conduct around 500 tests per day in Yavatmal, Pandharkawda and Pusad municipal corporations. Today we are ordering lockdown in Yavatmal district till February 28

In the light of a rise in COVID-19 cases, the Brihanmumbai Municipal Corporation has decided to register offences against people who violate safety guidelines, an official said on Thursday.

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Boeing warns pilots in wake of deadly Indonesian 737 crash

In the bulletin, the company lists various causes that can trigger a loss of control, which include malfunctions and incorrect actions by pilots. Preventing such concurrences “involves the active participation of both pilots,” it said.

“Active monitoring skills are essential to facilitate early detection of conditions that can lead to an airplane upset,” the company said. An upset occurs when a plane flies too slowly or banks, climbs or descends too steeply.

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Swiss Re records larger-than-expected annual loss,eyes 2021 recovery from pandemic fallout

Swiss Re and its competitors have faced large claims from the pandemic, such as those for cancelled events, as well losses from hurricanes and wildfires in the United States.

“We are confident in the outlook for 2021 with COVID-19 losses mostly behind us,” Chief Executive Christian Mumenthaler said, adding the rollout of COVID-19 vaccines provided hope.

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India to test travellers from Brazil, South Africa, UK after detecting new virus strains

“All the travellers arriving from/transiting through flights originating in United Kingdom, Europe or the Middle East shall be mandatorily subjected to self-paid confirmatory molecular tests on arrival,” India’s Ministry of Health and Family Welfare said in a statement.

All flyers will also have to carry a recent COVID-negative report before boarding any flight to India, except in extraordinary circumstances like death in a family.

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