It also recommended free compulsory crop insurance to small farmers...
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Risk Management
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Growing role of insurance companies and retail investors in private credit making it vulnerable: BIS report
“The growing role of insurance companies and retail investors, as...
Zolve raises $251 million in its latest equity and debt financing round
The neo bank, which was launched in 2021 and has over 750,000...
Omicron impact may be less severe due to vaccination, Delta exposure: Govt
From the list of FAQs, the ministry, answering to whether the existing vaccines work against the Omicron variant, said, "While, there is no evidence to suggest that existing vaccines do not work on Omicron, some of the mutations reported on spike gene may decrease the...
Setback for PepsiCo as India revokes patent for Lay’s potatoes
In 2019, PepsiCo sued some Indian farmers based in the western state of Gujarat for cultivating the FC5 potato variety, which has a lower moisture content required to make snacks such as potato chips. Withdrawing the lawsuits the same year, the New York-based company...
Sebi in process of stipulating disclosures specific to ESG scheme: Tyagi
Ajay Tyagi, chairman, Sebi The Sebi chief noted that Indian investors are showing increased interest in ESG compliant companies and investment products. Also, ESG funds are rapidly expanding in the Indian mutual fund industry New Delhi: Markets regulator Sebi is in...
17 States/UTs have ‘Over-exploited’ ground water resources:Govt
Central Ground Water Board is implementing a nationwide programme of “National Aquifer Mapping and Management (NAQUIM)” for mapping of aquifers (Water bearing formations), their characterization and development of aquifer management plans to facilitate sustainable...
Australian watchdog sues supermarket chain Coles over staff underpayments
In a raft of allegations against one of the country's biggest employers, the Fair Work Ombudsman (FWO) said Coles underpaid 7,812 employees by A$115.2 million ($81.99 million) between January 2017 and March 2020. "Businesses paying annual salaries cannot take a...
Ransomware top threat for Indians in 2021, crypto scams surge
"Attackers' methods are becoming more sophisticated. Cybercriminals are using techniques that make them harder to spot and carrying out more personalised cyber attacks. They are also adding new spins on tried and tested techniques, especially in social engineering...
Govt must ensure code of ethics are followed in digital media space: Parl panel
The panel observed that social media platforms, like Facebook, WhatsApp, Instagram, Twitter, etc. have placed journalism in the hands of the citizens. Citizens use their personal recording devices including cell phones to capture events and post them on the internet,...
Zurich introduces vehicle protection products for eVs
An electric vehicle operates on an electric circuit run by computers. Repairs on items such as an electronic display screen can cost thousands of dollars. A high-voltage battery is one of the most expensive components in an EV with average replacement costs of $5,500....
iNDIA’S resilient cOVID-19 PANDEMIC strategies
The South Asian nation is now ranked twenty sixth in the month-to-month snapshot, which measures the place the virus is being dealt with the most successfully with the least social and financial upheaval. The league desk assesses 53 main economies on 12 data points...
Asian factories shake off supply headaches but Omicron presents new risks
"Overall, with new export orders flooding back to countries previously hamstrung by Delta outbreaks and the disruption further down the supply chain still working through, there is plenty of scope for a continued rebound in regional industry," said Alex Holmes,...