And although the recent string of accidents may be statistical...
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Coastal & Merchant Shipping bills to integrate environmental standards, compliance steps: Sonowal
Sarbananda Sonowal, Union Cabinet Minister. Ministry of Ports,...
Demographic reality – a growing elderly population with fewer working-age people
Jad Ariss, managing director of the Geneva Association, said: “The...
India to Indonesia: Asian economies challenged by Delta Covid variant
Supply chains from Vietnam to Thailand, where outbreaks are surging, have also been interrupted, with factories that make goods for Nike Inc. and Adidas AG shutting down over virus restrictions, potentially missing out on the crucial holiday shopping season. That raises the prospect of Asia’s delta hit reverberating worldwide, if exports are delayed longer term.
“The current delta wave in Asia may snarl production networks further,” said Frederic Neumann, co-head of Asian economic research at HSBC Holdings Plc in Hong Kong. “The risk is that growth scars linger for longer.”
Digital currency model likely by the end of year: RBI
Earlier, RBI Governor Shaktikanta Das made it clear that the central bank continues to have concerns with the private digital currency (DCs) which are not regulated and has conveyed the same to the government
Tech titans Amazon, Google, Microsoft join US cyber team to fight ransomware
The tech giants are among firms signed on to be part of a Joint Cyber Defense Collaborative intended to combine government and private skills and resources to fight hackers, according to the Cybersecurity and Infrastructure Security Agency (CISA).
“With these extraordinarily capable partners, our initial focus will be on efforts to combat ransomware and developing a planning framework to coordinate incidents affecting cloud service providers,” said CISA director Jen Easterly.
Government has no plan at present to block any social media platform: MoS IT
Minister of State for Electronics and IT Rajeev Chandrasekhar said the government receives various grievances from users about hate content on social media platforms and responds to them in an appropriate way.
The government regularly interacts with social media intermediaries on various issues, including issuing advisories to make these intermediaries safe and accountable to users,. he said.
Amazon-Future-Reliance case: SC holds Emergency Award enforceable in India
Amazon has a 49 percent stake in FCPL, which in turn owns a 9.82 percent stake in FRL. Amazon’s contention is that it has invested Rs.1431 crore in FCPL on the clear understanding that FRL would be the sole vehicle for its retail business and its retail assets would not be alienated without consent and never to a ‘Restricted Person’. FRL, on the other hand, has objected to the enforcement of the EA award saying that it is not an order under Section 17(1) of the Arbitration and Conciliation Act and hence not enforceable in India.
RBI keeps policy rate unchanged,raises inflation forecast
“The need of the hour is not to drop our guard and to remain vigilant against any possibility of a third wave especially in the background of rising infections in certain parts of the country,” RBI Governor Shaktikanta Das said in a virtual address accompanying the MPC’s decision.
Moody’s to acquire risk modelling firm RMS for $2 billion
The acquisition will immediately increase Moody’s insurance data and analytics business to nearly $500 million in revenue and will accelerate the development of the company’s global integrated risk capabilities to address the next generation of risk assessment.
With over 400 risk models covering 120 countries, RMS is the world’s leading provider of climate and natural disaster risk modeling serving the global property and casualty (P&C) insurance and reinsurance industries.
New cybersecurity tech protects computer networks in vehicles
DESOLATOR, which stands for deep reinforcement learning-based resource allocation and moving target defense deployment framework, helps the in-vehicle network identify the optimal IP shuffling frequency and bandwidth allocation to deliver effective, long-term moving target defense.
“The idea is that it’s hard to hit a moving target,” said Dr Terrence Moore, a US Army mathematician.
Financial regulators urgently need to get a grip on ‘Big Tech’: BIS
Global watchdogs are increasingly wary that the huge amounts of data controlled by groups such as Facebook, Google, Amazon and Alibaba could allow them to reshape finance so rapidly that it destabilises entire banking systems.
Indian carmakers renew bid to delay tougher fuel efficiency rules -sources
India introduced a first phase of its CAFE measures in April 2017, giving carmakers until the end of March next year to cut carbon emissions from new cars to 130 grams per km.
In a second phase starting from April 1, 2022, India has proposed a further cut to 113 grams per km.
The stricter CAFE rules also aim to pull Indian regulations for carmakers in line with global standards.