A recent inspection by the Central Drugs Standard Control...
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US targets Iran’s energy trade, 8 Indian nationals several firms sanctioned
``The State Department imposed sanctions on approximately 40...
Minister of Communications cautions against AI’s unchecked risks
``Facial recognition systems have misidentified minorities with up...
14 people killed in landslides, floods and lightning incidents in Nepal
"We recorded a total of 44 incidents on June 26, 2024. In those incidents 14 people have lost their lives, 8 are due to landslide, 5 due to lightning and 1 in flooding. 2 people are still unaccounted for in the incident of landslide while 10 people have sustained...
Finland plans to offer preemptive bird flu vaccination to some workers with exposure to animals
The H5N1 strain of bird flu has killed or caused the culling of hundreds of millions of poultry globally in recent years and has increasingly been spreading to mammals, including cows in the United States and, in some cases, also to humans Finland plans to offer...
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...
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...