(L to R) Satyajit Tripathy, Member (distribution), Irdai and Vivek...
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Risk Management
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5 cases of Human Metapneumovirus (HMPV) detected in 3 states
The ICMR emphasized that despite the detection of these 5 cases,...
GIC Re issues fiat for stricter underwriting and pricing to fix undercutting of Fire premium
``We are closely monitoring the evolving market dynamics and are...
HDFC Bank, SBI, others not adhering to norms on bulk SMSes, says Trai
“As sufficient opportunity has been given to principal entities/ telemarketers to comply with the regulatory requirements and that the consumers cannot be deprived of the benefits of the regulatory provisions any further, therefore it has been decided that from April 1, 2021, any message failing in the scrubbing process due to non-compliance of regulatory requirements will be rejected” by the system, TRAI said in a statement.
TRAI’s norms for commercial messages, based on blockchain technology, aim to curb unsolicited and fraudulent messages.
Dark Web offers fake Covid results, vax certificates starting from Rs 1,800
“Multiple vaccine variants are also available for sale: AstraZeneca, Sputnik, SINOPHARM and Johnson & Johnson, with prices ranging between US$ 500 and US$ 1000 per dose,” the report noted.
Phasing out coal for power holds key to India’s net-zero goal by 2050
The nation will need to progressively reduce coal’s share in electricity generation, currently at about 65%, and remove it altogether by 2050, according to the report published by The Energy and Resources Institute, a New Delhi-based think-tank, and Royal Dutch Shell Plc.
India antitrust watchdog orders probe into WhatsApp’s new privacy policy
The Competition Commission of India (CCI) said WhatsApp had violated competition laws “through its exploitative and exclusionary conduct … in the garb of policy update.”
Companies need to prepare for more political disturbances and violence ahead: Allianz
Causing physical damage, business interruption or loss of revenues, civil unrest incidents are becoming a more significant risk for companies in the current environment, as reflected in the findings of the Allianz Risk Barometer 2021.”Civil unrest has soared, driven by protests on issues ranging from economic hardship to police brutality which have affected citizens around the world. And the impact of the Covid-19 pandemic is making things worse – with little sign of an end to the economic downturn in sight, the number of protests is likely to continue climbing.”
UK proposes requiring businesses to disclose climate risks by 2022
Under the TCFD’s(Task Force on Climate-related Financial Disclosure ) recommendations, companies are urged to disclose the actual and potential impacts of climate change on their business, as well as explain how they identify and manage such risks and opportunities.A move to make such disclosure mandatory in Britain is seen as a big step towards a new set of global standards.The ministry said it was backing a move by the IFRS Foundation, which writes global accounting rules, to develop international sustainability-related reporting standards.
Sebi tightens rules for exchange disruptions
SEBI also said on Monday it had asked the NSE to identify those responsible for the failure within 21 days and to determine why it did not move to a backup swifter.
Brokers and traders criticised the NSE sharply for not communicating well enough during last month’s outage, which they said caused losses for some investors.
The outage was the second major one for the NSE in recent years after a five-hour shutdown in 2017 due to a software problem.
89 deaths reported following COVID vaccination till March 16, but none attributed to vaccine: Govt
Adequate measures have been put in place to manage AEFI cases like availability of anaphylaxis kits at each vaccination site, immediate referral to adverse events following immunization (AEFI) management centre and observation of vaccine recipients for 30 minutes at session site so as to take timely corrective measure.
15.5 lakh cyber security incidents in 2019, 2020: Govt tells Lok Sabha
Union Minister of State for Home G Kishan Reddy said the CERT-In receives inputs from its situational awareness systems and threat intelligence sources about malware infections in networks of entities across sectors.
FIU warns COVID-19 upheavals might beget new financial cyber crimes
“The upheavals generated by COVID-19 might prove to be a breeding ground for novel modus operandi and crimes such as electronic frauds and cybercrimes,” he said.