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Relevance of gold as asset class to rise in coming years Nageswaran
Chief Economic Advisor V Anantha Nageswaran said it is very...
Regulatory violations: Ex-SEBI chief Madhabi Puri Buch, 5 others move Bombay High Court against order directing FIR
The bench said it would hear the pleas on Tuesday and added that...
Scientists update forecasts on extreme weather and climate change
“It’s not so much that climate change itself is proceeding faster than expected — the warming is right in line with model predictions from decades ago,” said climate scientist Michael Mann of Pennsylvania State University. “Rather, it’s the fact that some of the impacts are greater than scientists predicted.”
That suggests that climate modeling may have been underestimating the “the potential for the dramatic rise in persistent weather extremes,” Mann said.
Virus variant and disasters strike strain global supply chains
Events have conspired to drive global supply chains towards breaking point, threatening the fragile flow of raw materials, parts and consumer goods, according to companies, economists and shipping specialists.
The Delta variant of the coronavirus has devastated parts of Asia and prompted many nations to cut off land access for sailors. That’s left captains unable to rotate weary crews and about 100,000 seafarers stranded at sea beyond their stints in a flashback to 2020 and the height of lockdowns.
Global insurance recovery will be faster, stronger than in 2008: Swiss Re
Writing new policies was more difficult in 2009 and 2010 when insurers were reeling from capital losses, slow economic growth and depleted incomes of companies and individuals.
In contrast, businesses and individuals now have more money from government stimulus and support programs, and are more conscious of the need to buy protection against risks, he added.
Companies struggling to manage reporting on climate risks, says report
”Companies based in India presented 28 per cent on quality disclosure and 49 per cent coverage. Only 3 per cent of global companies reviewed meet the highest levels of quality and the average quality score is 42 per cent,” EY said in a release on Sunday.
Among others, the number of Indian companies responding to disclosure platforms such as carbon disclosure project is on the rise. In the coming year, greater Task Force on Climate-related Financial Disclosures reporting is expected, driven by pressure from financiers, investors and customers, it added.
India plans more power islands to counter cyber, terrorist threats
The plan follows a major power outage in India’s financial hub Mumbai last year that brought the city to a halt and prompted speculation about a cyber attack. The year before, the country’s nuclear power monopoly reported computer systems at one of its generation plants had been attacked by malware. Power grids the world over are increasingly digitalized, leaving them vulnerable to such attacks.
Islanding systems feature generation capacity and can isolate automatically from the main grid in the event of an outage. For the new systems, provinces need to submit proposals for setting up generation and storage capacities, power minister Raj Kumar Singh Singh said
Chemicals found in consumer products could increase breast cancer risk: Study
For instance, in 2002, when the Women’s Health Initiative study found combination hormone replacement therapy to be associated with an increased risk of breast cancer, women stopped taking the drugs and incidence rates went down.
Websites of airlines, banks, tech companies down in widespread outage
This is the third such incident in a span of just two months, after multiple outages hit social media, government and news websites across the globe in June, with some reports pointing to a glitch at U.S.-based cloud computing services provider
Nearly 140 phishing incidents observed by CERT-In during H1 2021
Some of these include the launch of the National Cyber Crime reporting portal to enable the public to report incidents pertaining to all types of cybercrimes with a special focus on cybercrimes against women and children, and CERT-In working in coordination with service providers, regulators and law enforcement agencies (LEAs) to track and disable phishing websites and facilitating the investigation of fraudulent activities.
Besides, CERT-In issues alerts and advisories regarding the latest cyber threats and countermeasures on regular basis to ensure safe usage of digital technologies, the minister said.
Cyber attackers will have weaponised tech environments to harm or kill humans by 2025: Report
“In operational environments, security and risk management leaders should be more concerned about real world hazards to humans and the environment, rather than information theft,” said Wam Voster, senior research director at Gartner.
“Inquiries with Gartner clients reveal that organisations in asset-intensive industries like manufacturing, resources and utilities struggle to define appropriate control frameworks.”
No likely impact of Cairn and Devas lawsuits on its Air India’s disinvestment process: Govt
Cairn Energy and Devas Multimedia, respectively, are seeking USD 1.725 billion and USD 1.2 billion — which they won in international arbitrations — from India.
”Cairn Energy and Devas Multimedia have filed lawsuits in the United States District Court for Southern District of New York seeking declaratory and money judgement against Air India Limited as an alter ego of the Republic of India,” Singh said in a written reply to a question in Lok Sabha.