Being implemented since October 2023, the Carbon Border Adjustment...
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Hit-and-run cases constitute 38 pc of all fatal crashes on Mumbai roads in 2023: Report
Among those deaths, two and three-wheeler occupants comprised 48...
India leading in AI adoption, governance: FM Sitharaman
Nirmala Sitharaman, Union Finance Minister The country recorded 3...
Covid-19 vaccine: After Pfizer, Serum Institute seeks indemnity, say sources
Earlier last year, SII CEO Adar Poonawala had advocated for indemnity for all vaccine manufacturers.
“We need to have the government indemnify manufacturers, especially vaccine manufacturers, against all lawsuits… Frivolous claims come up and you see in the media something being blown out of proportion. The government needs to step in with the right messaging,” he had said.
Amid the nationwide COVID-19 vaccine crunch, US pharma giant Pfizer is seeking an indemnity bond that will exempt it from legal claims in case there are any adverse effects from the vaccine.
HDFC Bank commits to becoming carbon neutral by 2031-32
The bank has a three-pronged strategy to achieve its objective to become carbon neutral: Reduce consumption, transition to renewable energy, and offset carbon footprint.
Google claims new IT rules not applicable to its search engine, HC seeks Centre’s stand
The single judge’s decision had come while dealing with a matter in which a woman’s photographs were uploaded on a pornographic website by some miscreants and despite court orders the content could not be removed in entirety from the World Wide Web and “errant parties merrily continued” to re-post and redirect it to other sites.
Scott Sayce appointed Global Head of Cyber at Allianz Global Corporate & Specialty
In 2020, AGCS generated more than EUR 100 million gross premium written with cyber insurance solutions globally. In March 2021, AGCS announced a partnership with Google Cloud and Munich Re offering a unique cyber risk management solution for cloud customers.
Safety ratings yanked after Tesla pulls radar from 2 Models:Consumer Reports
“If a driver thinks their vehicle has a safety feature and it doesn’t, that fundamentally changes the safety profile of the vehicle,” David Friedman, Consumer Reports’ vice president of advocacy, said in a statement. “It might not be there when they think it would save their lives.”
Disaster feared as chemical cargo ship sinks off Sri Lanka
The Singapore-registered MV X-Press Pearl, carrying 1,486 containers, including 25 tonnes of nitric acid, along with other chemicals and cosmetics, was anchored off the island’s west coast when a fire erupted on May 20. Authorities have been battling the blaze since then, as flaming containers laden with chemicals have fallen from the ship’s deck, the navy said last month.
Chubb report reveals risk and uncertainty faced by digital SMEs
Chubb partnered with Accenture to survey small and mid-sized businesses in nine markets around the world and the results revealed four mega-trends that impact businesses pursuing digital transformation.
Covid-19 second wave hits PSBs collection in May: Indian Bank Association
Replying to a question on the impact of the second wave on collection in Equated Monthly Installment (EMI) of Home Loan, Personal loan and payment of credit card bills when compared with the first wave, R Rai said, “We have seen some substantial improvement in the month of April 21 against April 2020, but we are witnessing the impact on the collection of banks in the current month of May.”
China-backed projects in Africa face fierce backlash from environmentalists
“There is no doubt that Chinese commercial actors … have tried to evade environmental requirements,” said Yun Sun, director of the China programme at the Stimson Centre in Washington.
Meanwhile, a senior fellow at Duke University’s Nicholas Institute, said Beijing was not unaware of the potential risks involved with private and state-owned firms operating in belt and road countries.
“Reducing these risks requires more uniformly applied standards and practices on environmental and social issues by China’s outbound actors, which is likely to come only via coherent policy requirements from the top down,” he said.
Biden budget sets aside $750 mln for SolarWinds response
The money comes on top of a $500 million fund for federal cybersecurity as the U.S. government recovers from the cyber attack that hit nine agencies including the State Department and Treasury.
The hack of information technology company SolarWinds, which was identified in December, gave access to thousands of companies and government offices that used its products. Microsoft President Brad Smith described the attack as “the largest and most sophisticated attack the world has ever seen”.