The commission held that the officials “failed to maintain the...
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Airtel approaches Jio, VIL on joint telecom initiative against fraud
``Given the recent alarming rise in phishing attempts and malicious...
X services face longest outage due to data centre glitch
Elon Musk-led X started facing a glitch on May 22 due to data...
Panama Canal imposes shipping restrictions to cope with worsening drought
The largest vessels will have to reduce their drafts — how low they sit in the water — by carrying less or cutting the weight of their cargoes as of May 24, followed by another decrease that kicks in on May 29. Some major ocean carriers have also announced new fees...
Canopius launches first digital asset custody product on Lloyd’s Asia platform
Canopius can offer an individual line size of up to $130mn for eligible custody solutions, and the product provides coverage traditionally only available in the Crime and Specie markets separately The product will be available to financial institutions and covers a...
Centre considering testing drugs at govt laboratories before exporting
"The CDSCO has submitted that some intervention from the government was necessary to stop the low-quality cough syrups from entering the global supply chain from India," an official said New Delhi: Amid quality issues being raised globally for the cough syrups...
Samruddhi Expressway sees 39 deaths in accidents since its launch in Dec 2022; road hypnosis among causes
Road hypnosis, also called white line fever, is an altered mental state faced by drivers due to ''automaticity'' or the process of doing things automatically without actively thinking about the steps involved A total of 39 persons have lost their lives and 143 were...
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...