CCPA has also issued notices to e-commerce platforms in some cases...
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Risk Management
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Cryptocurrencies hamper financial stability: RBI
In absence of any regulation, cryptocurrency is not yet illegal in...
Govt and GIC Re are in talks to set up an exclusive mega Pool to reinsure country’s all hydropower plants
N Ramaswamy, CMD, GIC Re ``Currently, due to the huge catastrophic...
Cryptoassets increase risk in developing economies: BIS study
“Cryptoassets hold out the illusory appeal of being a simple and quick solution for financial challenges” especially in emerging markets, but “have so far not reduced but rather amplified the financial risks in less developed economies,” the BIS report showed...
Deepfake imposter scams are driving a new wave of fraud
The fastest-growing scam category is investment fraud, often introduced to victims through search engines where scammers can easily buy sponsored advertising spots. When would-be investors click through, they often find realistic prospectuses and other financial data....
Number of US children killed by guns hit record high in 2021 – study
Gun violence has been the number one cause of death for children in the United States since 2020.Using the Centers for Disease Control and Prevention's mortality database, the study published in the AAP's journal Pediatrics found that 4,752 children died from...
Patients who recognise their symptoms of heart attack are less likely to die in hospital
"The findings indicate that education is needed for the general public and heart attack survivors on the symptoms that should trigger calling an ambulance. In our study, patients who knew the symptoms of a heart attack were more likely to receive treatment quickly and...
How El Nino threatens emerging market economies
India and Egypt are among the economies that are overall most vulnerable to El Nino's impact this year, according to an index by Standard Chartered Bank, taking into account the weight of the primary sector, the share of food in inflation baskets and a country's...
Japan to release Fukushima water into ocean from Aug. 24
The announcement comes a day after the government said it had won “a degree of understanding” from the fishing industry over the release of the water into the Pacific Ocean, even as fishing groups said they still feared the reputational damage would ruin their...
Govt announces car safety rating to cut accident rate
Under the new system, cars will be assigned a rating of one to five stars based on crash tests and other safety parameters, to help buyers make an informed decision and encourage car makers to upgrade their safety standards.The move is also expected to bring cars in...
The FAA orders quick inspections of some Pratt & Whitney turbofan engines on Airbus jets
U.S. regulators are requiring immediate inspections and possible repairs to Pratt & Whitney engines on some Airbus passenger jets because of a manufacturing problem that could cause parts to wear out sooner than expected WASHINGTON: U.S. regulators are requiring...
Moody’s affirms India’s sovereign rating flags risks of populist policies due to rising political tensions
All three global rating agencies, Fitch, S&P and Moody’s, have the lowest investment grade rating on India, with a stable outlook. The ratings are looked at by investors as a barometer of a country’s creditworthiness and affect borrowing costs New DelhI: Moody's...
India faces record low August rains, threatening summer crops
August rainfall, expected to be the lowest since records began in 1901, could dent yields of summer-sown crops, from rice to soybeans, boosting prices and overall food inflation, which jumped in July to the highest since January 2020.The monsoon, vital for the...