Despite the tremors lasting only a few seconds, their intensity was...
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Bima Manthan:IRDAI asks insurers to strictly focus on claim settlement, zero-tolerance to non-compliance of regulations
Debasish Panda, chairman,IRDAI Distribution reforms in the pipeline...
Convex enters Lloyd’s with Syndicate 1984
Syndicate 1984 will be led by active underwriter, Jacqueline...
COVID-19:Insurance protection gap reaches new high of $1.4 trillion in 2020, Swiss Re
Jérôme Haegeli, Swiss Re Group Chief Economist said “”The global pandemic has accentuated the gap between the rich and poor. It has laid bare the need for governments to focus on rebuilding and promoting social cohesion. Social equity – and at its heart, creating equal opportunities for all – will be a defining feature of a more resilient world.”
Twitter loses intermediary status over non-compliance with new rules
“The provisions for significant social media intermediaries under the Rules have already come into force on May 26 2021 and it has been more than a week but Twitter has refused to comply with the provisions of these Rules. Needless to state, such non-compliance will lead to unintended consequences including Twitter losing exemption from liability as intermediary available under section 79 of the Information Technology (IT) Act, 2000. This has clearly been provided under rule 7 of the aforesaid Rules,” it said.
Hong Kong watching Chinese nuclear plant after leak reported
Government data showed radiation levels in Hong Kong were normal Monday night, Chief Executive Carrie Lam said. Data on Tuesday from the Hong Kong Observatory showed radiation still normal.
A French company that helps manage the Taishan Nuclear Power Plant in Guangdong province said Monday it was dealing with a performance issue. It said the facility was operating within safe limits.
3 in 4 Indian workers keen on flexible remote work, says Microsoft report
“As every organisation fundamentally reimagines itself for the hybrid work era, we are collectively learning and innovating on how we will shape the future of work in India. It’s time to embrace work as a frame of mind, not a place you go,” said Rajiv Sodhi, Chief Operating Officer, Microsoft India.
No cyber breach into National Informatics Centre email system, says govt
The email system is “totally safe and secure”, the Ministry of Electronics and IT said while dismissing a report claiming that data breaches in organisations such as Air India, BigBasket and Domino’s had exposed email accounts and passwords of NIC emails to hackers.
Fed-up young workers fear they need offices to save their careers
Despite a majority under 30 saying remote work made them more productive, over half of the survey’s respondents across Europe–ranging in age from 18 to 45–say they feel anxious about a lack of training and career opportunities when thinking long-term about the future of work.
Vaccines don’t prevent COVID but will help in keeping symptoms mild: Sangita Reddy
Highlighting the role of vaccines and timely diagnosis and treatment, she said, “The imp point 2 remember- vaccine dont prevent #COVID BUT help keep symptoms Mild. Timely diagnosis & treatment r key 2 quick recovery”.
Brazilian judge orders Vale to pay victims’ families in 2019 mining disaster
The disaster in Brumadinho, Minas Gerais state, killed 270 people in Brazil’s most deadly mining tragedy has hampered Vale’s performance for two years as it was forced to curb production amid new safety protocols.
Judge Vivianne Celia Ferreira Ramos Correa agreed to the request of the Brumadinho iron mining workers union that the compensation be paid to the estate or heirs of the victims of the disaster, according to the ruling seen by Reuters.
Ships skip Singapore as China congestion snarls supply chain
“The delays have already resulted in pressurizing soaring shipping prices within China due to a lack of containers and increased export demand,” said Josh Brazil, vice president of marketing at project44, a supply-chain intelligence firm. “These high shipping costs are just one factor that may contribute to an additional looming threat to global inflation.”
China’s internet watchdog issues notices to 129 mobile apps for illegally collecting personal info
Popular news aggregation app Jinri Toutiao developed by TikTok owner ByteDance, alongside Tencent-operated Kuai Bao and Tencent News, Sogou News by New York listed Sogou, and Nasdaq-listed Qutoutiao, were among a group of news apps that received an order from the Cyberspace Administration of China on Friday to rectify their data practices within 15 days, the Hong Kong-based South China Morning Post reported.