All age groups are affected by suicide and was the third leading...
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Disasters damage $12.7 Billion of African Infrastructure annually
“Climate change is expected to increase the impact of disasters on...
JBA Risk Management launches new India Crop Model
The new model, which includes more enhanced market data, crops,...
TATA AIG General Insurance issues largest-ever Rs 100 crore of Performance Surety Bond
Deepak Kumar, senior executive vice president & head - Reinsurance, Credit & Aviation Insurance at TATA AIG General Insurance, stated, "Through this issuance, we are standing by our client to fulfil their contractual obligations throughout the entire tenure of...
Growing water stress can negatively impact India’s sovereign credit strength: Moody’s
India's average annual water availability per capita is likely to drop to 1,367 cubic meters by 2031 from an already-low 1,486 cubic meters in 2021, according to the Ministry of Water Resources MUMBAI/BENGALURU: India's worsening water shortage, triggered by high...
80% of Indian marginal farmers suffered crop losses due to adverse climatic events
The findings reveal that the primary causes of crop damage were drought (41 per cent), irregular rainfall including excessive or non-seasonal rains (32 per cent), and early withdrawal or late arrival of the monsoons (24 per cent).Although 83 per cent of them are...
India Inc’s Risk Index: Demonstrating Resilience
Cyber-attack or data breach is considered to be one of the most critical risks faced today. The BFSI sector endeavored to overcome the same by adopting data security measures including database encryption, stricter controls across levels and application of data...
TRAI directs telecom companies to enhance apps and portals to curb spam messages
“Also, essential details for the registration of complaints should be automatically populated, if users grant permission to access their call logs and other relevant data,” said the telecom regulatory body'' NEW Delhi: New Delhi:In a bid to curb spam calls and...
Issuance of cat bonds set to hit a record this year
Catastrophe bonds are generally issued by insurers looking to pass a chunk of their risk over to capital markets. Issuance has picked up lately, with factors including climate change, population density and inflation adding to the potential losses that insurers face....
Cyberattack plunges US auto retail industry into disarry
The outage impacting CDK's dealer management system, used to complete deals, track store profitability and monitor employee compensation, has "plunged the auto retail industry into disarray", JPMorgan analysts said last week U.S. auto dealers grappled with an ongoing...
Blaze at South Korea lithium battery plant kills 22 workers
South Korea has made efforts to improve its safety record after several past accidents, many of which have been blamed on negligence. Each year dozens of workers are killed in industrial accidents, which prompted parliament to pass a law aimed at punishing the...
India’s disaster management moving forward with a ‘Zero Casualty Approach, says Home minister Shah
Amit Shah,Union Home Minister Shah also reviewed the preparations to deal with Glacial Lake Outburst Flood (GLOF) New Delhi: Emphasizing on optimum use of satellite imagery provided by the Indian Space Research Organization (ISRO) by various agencies for flood and...
AI set to revolutionize global banking, boosting profits by USD 170 bn by 2028: CITI report
One of the most compelling aspects highlighted in the report is AI's role in combating financial fraud. AI-generated insights hold the key to preventing real-time payment scams, such as the pervasive Authorized Push Payment (APP) fraud Artificial intelligence (AI)...