Among other topics, the sources said the committee has asked about...
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Centralised KYC system in works Sebi chairman
Tuhin Kanta Pandey,chairman , SEBI The Central KYC is an online...
Heat Waves: Global Climate Change Need To Be Addressed
Various initiatives have been undertaken by the Government of India...
Govt declares ICICI, HDFC, NPCI’s IT resources as critical information infra
''Looking at the recent sophisticated cyber attacks, it is high time all the banks and financial institutions get themselves notified as a protected system.''Similarly, the control system of all the electricity, oil, airports, railways, metros and transport systems...
Jabalpur-bound SpiceJet flight makes landing in Delhi after failure to regain cabin pressure differential
"On June 19, SpiceJet Q400 aircraft was operating SG-2962 (Delhi-Jabalpur). During the initial climb, the crew observed cabin pressure differential was not building up along with rising in cabin altitude. The aircraft was levelled off at 6000 ft. Pressurization was...
Big tech’s financial services play poses systemic concerns like overleverage: RBI Governor Das
Shaktikanta Das,Governor,RBI The entry of firms like Google, Amazon, and Facebook (Meta), referred to as big tech companies, also poses question marks around competition and data privacy. Das said deploying harsh recovery methods like calling up at odd hours or using...
From crypto Picassos to frozen anthrax: Swiss Re scans horizon for emerging risks
The security of the new digital financial economy is also facing new risks. With quantum computing, for example, a new generation of computers is on the verge of completing tasks far beyond the reach of current machines These hyper-smart technologies offer significant...
Talent Hunt: IRDA offers Rs 1.5 crore of annual package to a new CEO of Insurance Information Bureau
New IRDAI chairman Debasish Panda has already made his intention public to broadbase the ownership of the Insurance Information Bureau of India and has suggested that instead of the IRDAI, let the insurers through their representative body General Insurance Council...
Businesses need to prepare for a rise in social unrest incidents: Allianz
Strikes, riots and violent protest movements pose risks to companies because in addition to buildings or assets suffering costly material damage, business operations can also be severely disrupted with premises unable to be accessed, resulting in loss of income. In...
Fire at hospital in Delhi’s Rohini, patient dies after losing oxygen support
A case under Indian Penal Code (IPC) sections 285 (negligent conduct with respect to fire or combustible matter), 287 (negligent conduct with respect to machinery), and 304A (causing death by negligence) is being registered in this regard at Vijay Vihar police...
RBI raises key lending rate by 50 basis points to check raging inflation
Shaktikanta Das.Governor,RBI RBI Governor Shaktikanta Das said that real GDP for FY23 is seen at 7.2%, and that for Q1 at 16.2%, Q2 at 6.2%, Q3 at 4.1%, and Q4 at 4%. The inflation projection for the current financial year is seen at 6.7% and for Q1 at 7.5%, Q2 at...
DGCA fines Vistara Rs 10 lakh for letting untrained pilot land flight
The captain as well as the first officer of the Indore flight did not train in a simulator but the first officer was still allowed to conduct the landing at the airport, DGCA officials said, attributing the delay in taking action to the time taken for the probe. New...
Massive fire breaks out at Deepak Nitrite’s Vadodara plant, NIA is the lead insurer
The general insurers who have to now pay any claims are- New India Assurance that has a 45 per cent share in the insurance policy of Deepak Nitrite along with Future Generali (12.5 per cent), ICICI Lombard General Insurance (10 per cent share) RSA (10 per cent) SBI...