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Russian air-defense system downed Azerbaijan plane, sources say
One of the Azerbaijani sources familiar with Azerbaijan's...
Losses from crypto hacks jump to $2.2 bln in 2024, report says
Among the most notable hacks are the theft of more than $305...
NGT directs NTPC to pay Rs 58 lakh for damaging environment in Uttarakhand
“In view of the above, there is no merit in the appeal as ”Polluter Pays” principle has been rightly invoked for damage to the environment. Accordingly, the appeal is dismissed. The amount of compensation which may be recovered by the state pollution control board may be utilised for restoration of the environment,” the tribunal said.
Workers’ rights under threat as online work surges five-fold – U.N
The ILO found significant inequities in the platform economy, with workers in developing countries earning 60% less than those in developed countries, even after controlling for basic characteristics and types of tasks. More than 70% of taxi drivers reported their average daily number of trips and earnings decreased after a platform took over the market.
After losing a company to COVID, owners seek the next gig
It’s not known how many small businesses have failed in the pandemic, but different estimates all show devastation. Based on a projection last spring by the National Bureau of Economic Research, the number is likely well into the hundreds of thousands. Data from the work scheduling software company UKG shows that about one in six small businesses have closed their doors since the pandemic began. And the National Restaurant Association, a trade group, said 17% of U.S. restaurants, or more than 110,000, had permanently shut by Dec. 1; it’s likely that many were small or mid-sized businesses.
Boeing recommends Airlines suspend use of some 777s after United incident
The National Transportation Safety Board (NTSB) said its initial examination of the plane indicated most of the damage was confined to the right engine, with only minor damage to the airplane.
It said the inlet and casing separated from the engine and two fan blades were fractured, while the remainder of the fan blades exhibited damage.
Japan’s transport ministry ordered Japan Airlines Co Ltd (JAL) and ANA Holdings Inc to suspend the use of 777s with P&W4000 engines while it considered whether to take additional measures.
GIFT City: Modi’s plan to make a Singapore in Gujarat has fallen flat
In hosting an international financial center, Singapore stole a march over rival Hong Kong, where the bankers were initially against more competition. But it wasn’t tall buildings that made the experiment a success. A freely convertible currency, pragmatic regulation, a stable tax regime, rule of law and speedy dispute resolution played a huge role. (Good schools and pubs helped, too.)
Over 90% of tech employees continue to work from home: Azim Premji
Addressing an interactive session hosted by the Bangalore Chamber of Industry and Commerce, Premji said the IT industry and the government have appreciated the value of a permanent hybrid model where people would work partly from office and home even after the end of the pandemic.
Social media can topple govts, working on a law to regulate it: Ram Madhav
“We require new rules and laws to tackle and manage. The government is already working in this direction,” Senior BJP leader Ram Madhav said
Delhi reported steep spike in cybercrimes during lockdown period: Police
According to data shared by the city police, 62 per cent of the cybercrimes reported in Delhi were related to online financial fraud, 24 per cent were related to social media and 14 per cent to other cybercrimes.
The data showed that from March to May 2020, when restrictions were in place due to the outbreak of COVID-19, there was a rise in cases related to cybercrimes. It went up from around 2,000 such cases in March to more than 4,000 in May.
Nigerian court freezes Shell accounts ahead of Aiteo lawsuit
The lawsuit is latest in a string of legal headaches for the biggest international oil company operating in Nigeria, Africa’s biggest oil exporter.
A British court last week cleared the way for local communities to sue the company over oil spills in the West African nation, and last month Shell lost a case brought in the Netherlands by Nigerian farmers and fisherman over pollution claims.
RBI issues master direction to ensure security of digital payments
The Master Direction lays down guidelines for internet banking, mobile payments, card payments, customer protection and grievance redressal mechanism.
“In view of the proliferation of cyber-attacks and their potential consequences, regulated entities should implement, except where explicitly permitted/ relaxed, multi-factor authentication for payments through electronic modes and fund transfers, including cash withdrawals from ATMs/ micro-ATMs/ business correspondents, through digital payment applications,” the RBI said.