The bench said that two years back while dealing with a case...
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Risk Management
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Govt mandates legal interception of satcom services bars data routing outside country
The move assumes significance as the government is, for the first...
Blackout Risks: Guarding grid stability for uninterrupted energy access
As Europe has learned, preventing grid collapse is a constant...
US, UK, others seek to target illicit oil shipping transfers at sea
Hundreds of “ghost” tankers, which are not fully regulated, have joined this opaque parallel trade over the past few years, carrying oil from countries hit by Western sanctions and restrictions, including Russia and Iran The number of incidents last year, including...
Post-pandemic world economy still feeling COVID-19’s sting
Risks of a prolonged period of low growth stand, amid stubborn inflation, rising interest rates, and heightened uncertainties, in addition to the ever-worsening impact of climate change, the report found UN: Prospects for a robust global economic recovery remain dim...
Aon launches a new climate innovation hub in Singapore
(Lto R) Greg Case, CEO, Aon and Png Cheong Boon, Chairman, Singapore Economic Development Board inaugurating Aon's new climate innovation hub in Singapore “Climate change is a reality, not a probability. In 2022, there were $313 billion in total economic losses from...
Delhi court directs Police Commissioner to install CCTVs on accident-prone areas
Shefali Barnala Tandon, the presiding officer of the Motor Accident Claims Tribunal, was hearing a case where Vipin Kumar, an inspector, had filed an application seeking directives for civic agencies to install CCTV cameras at NH-8, Ring Road, and Dhaula Kuan New...
Govt to roll out lost mobile blocking, tracking system pan-India on May 17
''One of the common practices is that miscreants change IMEI number of stolen mobile phones which prevents tracking and blocking of such handsets. It was a national security issue. The CEIR will be able to block any cloned mobile phones on the network with the help of...
China new financial regulatory body gets a chief
The National Financial Regulatory Administration(NFRA) is a new government body under the State Council tasked with consolidating supervision over the multi-trillion dollar financial industry It will replace the CBIRC and absorb some supervisory functions from the...
In major climate step, US govt agency proposes 1st limits on greenhouse gas emissions from power plants
If finalised, the proposed regulation would mark the first time the federal government has restricted carbon dioxide emissions from existing power plants, which generate about 25 per cent of US greenhouse gas pollution, second only to the transportation sector...
Govt working to bring in e-commerce policy, rules under consumer protection act on same page
''We are holding discussions to harmonise e-commerce policy and e-commerce rules under the consumer protection act…While doing so, we will try to ensure that whether a regulator or some other way…rules that will ensure that the customer is the king,'' Secretary of the...
57% of all fraud incidents in India now ‘platform’ frauds: Report
More than 26 per cent of Indian organisations lost over $1 million due to platform fraud, and 44 per cent of the perpetrators were found to commit fraud for financial gain, according to PwC's second edition of 'Global Economic Crime and Fraud Survey 2022: India...
China audits littered with deficiencies, US accounting watchdog finds
The U.S. Public Company Accounting Oversight Board (PCAOB)published the findings of its inspections after gaining access to Chinese company auditors' records for the first time last year following more than a decade of negotiations with Chinese authorities. That...