M Rajeshwar Rao,Deputy Governor , RBI According to an official...
Category:
Risk Management
Latest
Q1 GDP numbers reflect India’s resilience, outlook remains positive: Economic Affairs Secretary
Anuradha Thakur, Secretary, Department of Economic Affairs "There...
Govt to study ways to address buildings’ height curb issues near airports to rope in ICAO experts: Naidu
K Rammohan Naidu, Civil Aviation Minister Asserting that aviation...
Red Sea, Black Sea and Panama Canal: UNCTAD raises alarm on global trade disruptions
The Suez Canal, a critical waterway connecting the Mediterranean Sea to the Red Sea, handled approximately 12% to 15% of global trade in 2023. UNCTAD estimates that the trade volume going through the Suez Canal decreased by 42% over the last two months Geneva: The...
Howden appoints Mike Baker as Chief Client Officer in Asia
Howden today announced the appointment of Mike Baker as Chief Client Officer in Howden Asia with immediate effect.Baker will be based in Singapore and will report to Goh Chye Huat, CEO, Howden Asia. Baker’s role is to further develop with complex risk requirements...
Hong Kong court orders property firm China Evergrande to liquidate after plan for $300B debt fails
China Evergrande Group is one of the biggest of a series of Chinese developers that have collapsed since 2020 under official pressure to rein in surging debt the ruling Communist Party views as a threat to China's slowing economic growth Hong Kong: A Hong Kong court...
Red Sea route accounts for 50% India’s exports, 30% of imports: Report
The Shanghai Northern Europe container freight rates have risen by over 300 per cent to USD 6,000-7,000/TEU) since November 2023 The impact of the ongoing crisis around the Red Sea shipping route, which accounts for 50 per cent of the country's exports and 30 per cent...
Ram temple in Ayodhya can withstand once-in-2,500-year quake: Scientists
"The scientific study was done to ensure the structural safety of the temple for the Maximum Considered Earthquake, equivalent to a 2,500-year return period, The entire superstructure has been constructed using Bansi Paharpur sandstone, embodying a dry jointed...
“Actors falling ill, sets collapsing…”: Subhash Ghai on what made him introduce insurance policy in Bollywood
Subhash Ghai "They(bank) provided banking facilities on our name and introduced insurance policies called Mukta Cine(Cine Mukta) policy. It's not just about Mukta policy; it signifies a positive change in the industry." Mumbai: Subhash Ghai, the visionary behind...
Hike in incidents of compromising govt, high-profile persons’ social media accounts: CERT-In
''Recent trends have shown an increase in incidents where scammers and threat actors take over social media accounts of high-profile personalities, official government accounts and enterprise accounts,'' CERT-In, the national technology arm to combat cyber attacks and...
Exports from Kolkata port may be hit due to soaring freight rate rice ban geopolitical turmoil
"Freight costs have soared to USD 400-500 per 20ft container and USD 600-700 for 40ft container shipments to the UK," Debojyoti Basu, vice-president of the Calcutta Customs House Agents' Association Kolkata: Exports from Kolkata port, a gateway to eastern India, are...
Cyber kidnapping: Alarming surge raises global concerns
“AI is helping in imaging and scanning human bodies and an army of drones/robots are being used in healthcare industries. But worse is that AI systems may or may be used by humans to commit crimes like invading and exposing privacy, harming reputation, phishing...
Red Sea, China risks to US economy seem contained, White House says
Americans have faith in their personal finances while consumer goods are already seeing a slowdown in price increases Washington DC: The Untied States risks some exposure to China's economic slowdown and shipping disruptions in the Red Sea, but they appear contained,...