Shah Amber, Managing Director at PwC India, emphasised that with...
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Cybercrime causing global economic damage of almost US$10 tn,1% of cyber risks currently insured: Munich Re
Claudia Strametz, who leads Munich Re's business for Germany and...
Mumbai businessman loses Rs 58 crore in ‘digital arrest’ fraud
The victim transferred Rs 58 crore through RTGS in multiple bank...
Govt taken steps to start trial, assessment of caller name display: MoS Telecom
"The necessary steps have been taken by the government to start the trial and assessment of the implementation of CNAP service by Telecom Service Providers," Minister of State for Communications Pemmasani Chandra Sekhar said in a written reply in Rajya Sabha New...
Household savings moving towards alternative investment avenues: RBI
Alternative investment avenues are becoming more attractive to retail customers and as a result banks are facing challenges on the funding front with deposits trailing loan growth,RBI Governor Shaktikanta Das Referring to the recent incidence of unprecedented IT...
Unified train operation safety norm will be issued in 10 days Vaishnaw
Union Railway Minister Ashwini Vaishnaw Talking to media persons here, Vaishnaw said the ministry initiated the process of bringing uniformity in subsidiary rules (SR) of all 17 railway zones after the Commissioner of Railway Safety (CRS) flagged contradictions in...
Severe thunderstorms drive insured losses to $ 60 billion in first half of 2024, Swiss Re
Balz Grollimund, Head of Catastrophe Perils at Swiss Re, said: "In recent years, severe thunderstorms have emerged as a main driver of a significant increase in insured losses. This is due to growing populations and higher property values in urban areas, along with...
Explainer: Why does Nepal suffer so many air crashes?
In a 2023 safety report, the Civil Aviation Authority of Nepal (CAAN) said collision with terrain or another obstacle was the main risk, accounting for 93% of deaths in air accidents in the prior decade On July 22, 2024, eighteen people were killed in Nepal when a...
Helicopter with 5 people on board crashes in the mountains northwest of Nepal’s capital
The four passengers are Chinese nationals, and the pilot is a Nepali man, police said. No further details were immediately available KATHMANDU: A helicopter crashed in a forest outside Nepal's capital Kathmandu shortly after takeoff on Wednesday, killing all five...
Global selloff: Sensex and Nifty nosedive, Investors’ wealth eroded by Rs 17.11 lakh crore
Global markets were in the deep red on Monday as the US economic slowdown weighed heavily on the financial markets Mumbai: Equity market benchmark indices Sensex and Nifty crashed over 3 per cent each on Monday in line with extremely weak trends in global markets amid...
Concretisation of roadsides in Ghaziabad NGT issues notices to MoEF others
The NGT was hearing a plea claiming "vast-scale, mindless and indiscriminate concretisation or paving, which was the biggest cause of water-logging, urban flooding and loss of biodiversity in cities and towns." New Delhi: The National Green Tribunal has sought a reply...
Missile attack by Yemen’s Houthi rebels hits container ship in first attack in 2 weeks
The killing of Haniyeh in Tehran has sparked concerns of a new escalation in the Israel-Hamas war. Already, the U.S. military says it will move a fighter jet squadron to the Middle East and keep an aircraft carrier in the region DUBAI, United Arab Emirates : A missile...
World’s richest lose $134 billion in stock slump, led by Amazon’s Bezos
Jeff Bezos, founder,Amazon Investors have also become jittery over fears that this year’s AI-fueled gains are overdone or the market is too concentrated Jeff Bezos’s net worth shrank by $15.2 billion Friday, leading a wide-ranging slump that erased $134 billion from...