DeepSeek’s dark-horse entry into the AI race, which it says cost...
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DeepSeek hit by cyberattack as users flock to Chinese AI startup
The startup earlier in the day was also hit by outages on its...
Auditors get tougher guidelines on judging firms’ environmental claims
The move by the International Auditing and Assurance Standards...
Over 40 mn old vehicles on Indian roads, Karnataka tops list at 700,000
More than four crore vehicles have been found to be older than 15 years, including over two crore which are more than 20 years old, as per the data.
The digitised vehicle records are as per the centralised Vahan database that excludes “Andhra Pradesh, Madhya Pradesh, Telangana, and Lakshadweep”, the ministry said.
Uttar Pradesh occupies the second spot with 56.54 lakh vehicles, of which 24.55 lakh are older than 20 years.
Cairn to seize overseas Indian assets to enforce $1.2-bn arbitration award
India has appealed against the arbitration award on the grounds that taxation-related matters are not covered in its bilateral investment treaty with the United Kingdom under which the case was filed, and therefore the arbitration tribunal does not have the jurisdiction to rule on the matter, sources said.
Ship blocking Suez Canal moves slightly, unclear when it will refloat
Suez (Egypt): Efforts to dislodge a giant container ship blocking the Suez Canal have allowed its stern and rudder to move, but it remains unclear when the vessel will be refloated, the head of the canal authority said on Saturday. The 400 metre (430...
Stranded Suez Canal ship re-floated, marine services firm says
At least 369 vessels were waiting to transit the canal, including dozens of container ships, bulk carriers, oil tankers, and liquefied natural gas (LNG) or liquefied petroleum gas (LPG) vessels, SCA Chairman Osama Rabie told Egypt’s Extra News on Sunday. The ship’s technical manager Bernhard Schulte Shipmanagement (BSM) did not immediately respond to a request to comment.
Shipping rates for oil product tankers nearly doubled after the ship became stranded, and the blockage has disrupted global supply chains, threatening costly delays for companies already dealing with COVID-19 restrictions. Some shippers had decided to reroute their cargoes around the Cape of Good Hope, adding about two weeks to journeys and extra fuel costs.
India says video streaming platforms should be held responsible for content
India tightened its grip on social media firms such as Facebook and Twitter. The rules, called the “Intermediary Guidelines and Digital Media Ethics Code”, also require firms such as Netflix and Amazon’s Prime Video to classify content into categories based on viewers’ age.
Suez Canal blockage could cost $6 bln to $10 bln in lost trade -Allianz
The study by Europe’s biggest insurer also found that each week of immobilisation shaves some 0.2 to 0.4 percentage points off annual trade growth.
“The problem is that the Suez Canal blockage is the straw that breaks global trade’s back,” the study’s authors wrote.
Insurer CNA hit by ‘Sophisticated’ cyber attack
Upon learning of the incident on March 21, the insurer said it immediately engaged forensic experts to investigate and determine the full scope of this incident. That investigation is ongoing.
Fire at Mumbai hospital: FIR names HDIL’s Wadhawans
”Rakesh Wadhawan, Nikita Amit Singh Trehan, Sarang Wadhawan and Deepak Shirke, who are directors of the mall, and Amit Singh Trehan and Sweety Jain, who are directors of the hospital are named in the FIR. Nikita Trehan is also a director of the hospital,” said a police official.
There was mismanagement in terms of security and the fire safety equipment was not checked regularly,” the official said.
The four-storey (ground plus three) mall houses as many as 1,108 shops, but 40 per cent of them are closed, he said.
Highways Ministry asks NHAI, automakers to tighten IT security after cyber attack threats
“The Ministry of Road Transport and Highways received an alert from CERT-In regarding targeted intrusion activities directed towards Indian Transport sector with possible malicious intentions. The Ministry has advised departments and organisations under transport sector to strengthen the security posture of their infrastructure,” the Ministry said in a statement.
New wave of ‘hacktivism’ adds twist to cybersecurity woes
According to a U.S. counter-intelligence strategy released a year ago, “ideologically motivated entities such as hacktivists, leaktivists, and public disclosure organizations,” are now viewed as “significant threats,” alongside five countries, three terrorist groups, and “transnational criminal organizations.”