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India to see above-normal cumulative rainfall this monsoon, El Nino conditions unlikely, says IMD
El Nino conditions, associated with below-normal monsoon rainfall...
Risks and Opportunities: Impact of U.S. Tariffs on Asian businesses
Trade credit, political risk insurance and surety to secure...
European regulators propose check for anti-lightning flaw on some Airbus A350 jets
The proposed safety warning marks the first time manufacturing has come under regulators' spotlight amid a growing commercial and industrial headache over flaws on the skin of the jets, which Airbus insists are safe to fly. Paris/Chicago: European regulators have...
HEALTH, ECONOMIC AND CYBERATTACKS REMAIN TOP RISK CONCERNS FOR INDIA INC: MARSH/RIMS STUDY
Many employers in India are looking at transitioning to a more flexible working system. Some extent of remote work is expected to remain, leading to concerns of increased cyberattacks due to unsecured home networks. Yet, less than a quarter of Excellence India survey...
Business Interruption and Cyber Attacks Identified as Top Concerns in Asia Pacific: Aon Study
“The world is a more volatile place and the importance of better decision making has never been greater, said Lambros Lambrou, CEO of Commercial Risk Solutions at Aon ``Long-tail risks are not single events. They’re innately interconnected, as we’ve seen with the...
Bitcoin falls by a fifth, cryptos see $1 billion worth liquidated
The plunge follows a volatile week for financial markets. Global equities and benchmark U.S. bond yields tumbled on Friday after data showed U.S. job growth slowed in November and the Omicron variant of the coronavirus kept investors on edge Bitcoin shed a fifth of...
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...