In the report, the Directorate General of Civil Aviation said spot...
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Risk Management
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Boeing 787’s emergency-power system likely active before Air India crash, WSJ reports
The preliminary finding raise questions about whether the plane's...
Air India crash: Centre issues draft rules to tighten control over physical obstructions
Property owners must submit key details, including site plans and...
Heat and wildfires put southern Europe’s vital tourism earnings at risk
US.-based climate technology startup Sensible Weather is developing insurance that would compensate people if extreme heat wrecks their holiday It's rolled out “weather guarantee” coverage to travel companies in the UK, France and the US, which pays travellers if...
Romania bids to clear Danube logjam after Ukraine attack, insurers impacted
Ukraine will insure ships that import and exports goods through the Danube and is considering the possibility of providing cover for ships going through the “grain corridor,” news agency Interfax-Ukraine reported on Thursday, citing Prime Minister Denys Shmyhal...
UK govt attempts to bolster security of critical energy infrastructure
Energy and climate have risen up the political agenda following Russia’s invasion of Ukraine and the cost-of-living crisis, with critics warning that the UK has failed to invest sufficiently to enhance energy independence. The register also details risks such as...
India data protection bill: What’s the concern?
Privacy experts say the proposed law fails to adequately safeguard the personal data of the nation’s 1.4 billion citizens, and gives the government too much power Companies and institutions can be penalised for non-compliance, and for failing to take reasonable...
Ratings firms struggle with climate risk in $133 trillion market
As the world reels from the mounting impact of heat waves, droughts and fiercer storms, there is growing concern that credit rating analysts are misreading climate risks in the $133 trillion global bond market, to the detriment of creditors and borrowers alike For...
Data protection bill tabled in Parliament, will compel cos to review their current working ways
Enterprises will have to review the current ways of working, especially for personal data of employees, customers, merchants and vendors to honour their right to access, update and erase their personal data Non-adherence of obligation listed in the bill may attract...
1 in 5 companies in Vietnam are prepared against major risks: WTW survey
“What our study has shown is an urgent need to bridge the protection gap in risk impact and its financial implications, and consequentially, to enhance risk preparedness across organisations. This is especially important for a market like Vietnam, one of the most...
Pharma cos with over Rs 250 cr turnover have to adopt good manufacturing practices within 6 months: Mandaviya
Recently, drug regulators inspected 162 units and 14 public testing labs and major issues found during inspections are poor documentation, lack of process and analytical validations, absence of quality failure investigation, absence of internal product quality review...
Cyber fraud victims should be immediately compensated by financial institutions: Parliamentary panel
“What we have suggested is if the consumer files a complaint that they have been the victim of cyber crime fraud, then they should automatically get the money back into their accounts. Up to a certain limit of course. The onus should be on the financial institutions...
EU companies get new ESG rules aimed at addressing climate risks
Companies will have to disclose whether they have climate transition plans and also report relevant social factors, including human rights violations, as part of the larger plan to highlight the investment risks and opportunities presented by ESG factors Companies...