"The objective of the high-level committee is to comprehensively...
Category:
Risk Management
Latest
SEBI panel soon to work on conflict of interest rules for board members: Report
“We need to not only create trust of all stakeholders in us (SEBI)...
Heathrow airport reopens after blackout shutdown
The financial fallout from the day-long disruption may reach reach...
War in Ukraine, sanctions will have ‘severe impact’ on global economy: IMF
“Price shocks will have an impact worldwide, especially on poor households for whom food and fuel are a higher proportion of expenses,” the IMF said. “Should the conflict escalate, the economic damage would be all the more devastating. The sanctions on Russia will...
Russia-Ukraine turmoil triggers market stress alarms
"The market's liquidity conditions have weakened this week, and were exacerbated overnight after reports of shelling to Europe's largest nuclear plant in Ukraine," said ING currency strategist Francesco Pesole LONDON/NEW YORK: Financial indicators signalled increasing...
Fitbit recalls millions of ‘Ionic’ smartwatches after battery burn reports
The Consumer Product Safety Commission (CPSC) in the US said in a statement that at least 115 people in the US -- and 59 globally -- have reported an overheating battery on the device. There were 118 reports of burns, with two reports of third-degree burns and four...
Russia central bank increases capital of reinsurance firm specialising in sanctions risk
MOSCOW: Russia's central bank on Thursday said it was increasing the capital of affiliated reinsurance firm AO RNPK, which specialises in providing protection against international sanctions, to 300 billion roubles ($3.08 billion) from 71 billion roubles.
HDI Global supports customers with tailormade Cyber Security services for protection against cyber-attacks
Hannover: HDI Global places protection against cyber-attacks at the centre of services for its customers. The focus here is on cyber risk management. Alongside conventional risk transfer, the industrial insurer will now...
SC stays NGT ban on water purifiers where TDS below 500 mg per litre
The NGT had directed the Central Pollution Control Board (CPCB) to issue directions to all RO manufacturers banning water purifiers where the level of total dissolved solids (TDS) in water is below 500 milligrams per litre. The tribunal had also asked the CPCB to...
Tata cancelled USD 3 billion deal in Bangladesh over bribery issue
Dhaka: Indian conglomerate Tata in 2005 cancelled USD 3 billion deal after Bangladesh Nationalist Party (BNP) leader Tarique Rahman placed a bribery deal to the Indian company. Prime Minister Sheikh Hasina's ICT Advisor Sajeeb Wazed Joy in a post from his verified...
Govt may review timing of LIC IPO after Ukraine invasion: FM Sitharaman
“Ideally, I’d like to go ahead with it because we’d planned it for some time based purely on Indian considerations,” Sitharaman said “But if global considerations warrant that I need to look at it, I wouldn’t mind looking at it again,” she said New Delhi India may...
UN climate report urges world to adapt now, or suffer later
While governments need to drastically curb their emissions to prevent runaway global warming, they can also work to limit suffering by adapting to the conditions of a warmer world, the report says. That will take a lot of money - to finance new technologies and...
‘Delay means death’ – UN climate report urges immediate, drastic action
On nearly all counts, the report makes clear that climate change is impacting the world far faster than scientists had anticipated. Noting that nearly half the world's population was already vulnerable to increasingly dangerous climate impacts, the report calls for...