Appearing for the Centre in its ongoing face-off with social media...
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Risk Management
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RBI to issue climate risk disclosure rules for banks soon
As part of the central bank's climate disclosure rules, banks will...
Air India cockpit recording suggests captain cut fuel to engines before crash, report
India's Aircraft Accident Investigation Bureau (AAIB), which is...
HC issues summons to TATA SIA Airlines on minor’s plea for Rs 2.5 cr damages for burns
The girl, aged 10, and her parents have claimed damages of Rs 2.68 crore along with medical expenses incurred by them in Frankfurt, Germany and other consequential reliefs arising from the incident that occurred on August 11, 2023 on the flight from Delhi to Frankfurt...
India saw 15% spike with 2,138 weekly cyberattacks per organisation in 2023: Report
According to the cybersecurity company Check Point Research (CPR), India emerged as the second most targeted nation, trailing only behind Taiwan's 3,050 incidents New Delhi: India has recorded a spike of 15 per cent in cyberattacks within APAC (Asia-Pacific), with...
FB, Insta collect all the data they can: Report
a US judge has ruled that Meta founder and CEO Mark Zuckerberg must participate in a deposition as part of an ongoing lawsuit in Texas concerning the company's face recognition technology San Francisco: Meta-owned Facebook and Instagram are the two most...
Climate change may claim 14.5 mn lives by 2050: WEF
Flooding alone is estimated to cause 8.5 million deaths by 2050, posing "the highest acute risk of climate-induced mortality", according to the study. Droughts, as the second leading cause of climate-related mortality, are forecast to claim 3.2 million lives. Heat...
Insurers seek to exclude US, UK Ships From Red Sea Coverage
“Underwriters are adding clauses saying no US, UK or Israeli involvement,” he said. “Just about everybody is putting something like that in, and many include the words ‘ownership’ or ‘interest’” War risk rates have gone into a frenzy in recent days following the US...
India’s insurance sector to be fastest growing among G-20, may scale $450 bn of prm in next decade: Swiss Re
Swiss Re officials(L to R) Mahesh H Puttaiah, Head Group Economics & Sigma Research, Hadi Riachi, Market Head (India),Vineet Kumar, Head Cat Perils (APAC) at a press conference in Mumbai to release reinsurer's report ``India's Economy & Insurance Outlook...
Japan revokes certification for 3 models of Daihatsu after safety scandal
The discovery in early 2023 that a half dozen models might be affected by manipulated test results ballooned into a full-blown scandal last month, when Daihatsu revealed that an internal probe found 174 irregularities across 64 cars dating back as far as 1989 Tokyo:...
Red Sea war insurance rises with more ships in firing line
Insurance industry sources said that war risk premiums had risen to around 1% of the value of a ship, from around 0.7% last week with various discounts applied by underwriters. They added that rates were expected to move higher War risk insurance premiums for...
India’s CEOs see inflation, cyber risks as top threats in next 12 months: PwC Report
Health risks rank highly on the list of concerns faced by CEOs in India, with 27 per cent indicating that they anticipate their companies to be extremely and highly exposed to these over the next 12 months, the report noted New Delhi: India's CEOs have flagged...
Red Sea crisis: Exporters holding consignments as shipping costs rise
Around 80 per cent of India's merchandise trade with Europe passes through the Red Sea and substantial trade with the US also takes this route. Both these geographies account for 34 per cent of the country's total exports New Delhi: Indian exporters are holding their...