An initial police investigation found two former Kia India factory...
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Aircraft makers need to come out with SOPs for airlines to deal with GPS spoofing situations IATA
Airlines have been reporting GPS interference with their flights in...
IATA has no concerns with India’s aviation safety and infrastructure readiness
Nick Careen, Senior Vice President,IATA "Specific to the Indian...
There should be realistic green ratings to assess actual environmental impact of projects: RBI Governor
''Green flows today are dependent on ESG (Environment, Social, Governance) ratings. Recent research shows that these ESG ratings do not adequately reflect financial and non-financial materialities of these investments. Therefore, there is a need to ensure that 'green...
Lloyd’s of London leads insurers tightening Taiwan cover as conflict risks rise
“Availability of cover for Taiwan has got tighter,” said Crispin Hodges, head of trade and political risk with insurer Canopius, “We’ve been tightening up the wording to ensure that the policies reflect the underlying risk that we want to insure and there aren’t any...
IRDAI launches impact study on Risk Based Capital framework
This study holds paramount significance, as it provides the opportunity to comprehensively evaluate the potential impact on the capital and overall solvency of the insurers This framework would serve as a pivotal mechanism which would enable insurers to maintain an...
US Finance firms’ return-to-office Crackdown could backfire: Deloitte
Across corporate America, employers are wrestling with the balance between in-person collaboration and flexibility. Financial firms that enforce strict return-to-office mandates could drive employees to leave, according to a study published Tuesday by accounting firm...
US business owners seek increased insurance protection amid mounting risks – study
“The devastation caused by natural disasters has heightened urgency for adequate protection,” CEO Patrick Gallagher told Reuters, adding that there is ongoing demand for insurance coverage to secure properties, homes and businesses from potential damages and losses...
Wall Street WhatsApp, US texting fines by SEC exceed $2.5 billion in
As part of the settlements, the companies admitted that their employees had used platforms like iMessage, WhatsApp and Signal to discuss business. The companies didn’t maintain sufficient records, according to the SEC. The CFTC said it found similar violations. Wells...
Govt doubles down on safeguarding Indians from rising cyber crimes: MoS IT
Rajeev Chandrasekhar,Minister of State for Electronics and IT “On being notified by the customer, the bank shall credit (shadow reversal) the amount involved in the unauthorised electronic transaction to the customer’s account within 10 working days from the date of...
Meta Platforms seeks to stop privacy breach fine in Norway -court filing
The regulator has said Meta cannot harvest user data in Norway, such as users' physical locations, and use it to target advertising at them, called behavioural advertising, a business model common to Big Tech. Meta Platforms will be fined 1 million crowns ($97,700)...
Air pollution could be driving antibiotic resistance: New Lancet study
The association between PM2.5 air pollution and increase in antibiotic resistance has strengthened over time, with enhances in PM2.5 levels leading to larger increases in antibiotic resistance in more recent years, the analysis found using data for 116 countries from...
Fire safety audit ordered four days before AIIMS-Delhi blaze
The order by the Department of Security at AIIMS said the Union Health Ministry's National Guidelines for Fire Safety in Healthcare facilities mandates hospitals to undertake comprehensive fire safety audits involving a third party. New Delhi: Days before a fire broke...