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Govt proposes to make two helmets mandatory for new 2-wheelers
From January 1, 2026, all new L2 category two-wheelers, which...
RBI issues directions on AePS operators onboarding to enhance security
The RBI has asked the acquiring bank to carry out due diligence of...
Insurance and vessels not available for Iran-bound cargo amid Middle East conflict, India’s basmati rice shipments to Iran stuck at ports
The shipments are primarily held up at Kandla and Mundra ports in Gujarat, with neither vessels nor insurance available for Iran-bound cargo due to the Middle East conflict, said president Satish Goyal New Delhi: Around 1,00,000 tonnes of basmati rice destined for...
Gold shows structural shift as volatility falls, rate sensitivity weakens: Llama Research
New Delhi: Volatility in gold prices has declined and its response to interest rate hikes has become increasingly asymmetric, signalling a deeper, structural shift in the metal's role in global portfolios, said Llama Research in its June edition.According to the...
Israel says Iran is hacking private security cameras
A spike in cyberattacks has accompanied the war between Israel and Iran, with a pro-Israel hacking group known as Predatory Sparrow claiming responsibility for disrupting a major Iranian bank and a breach that struck an Iranian crypto exchange. Iran’s state-run IRIB...
Toyota’s Japanese insurer sues South Africa over $361 million flood claim
The claim alleges that the floods, which closed the Prospecton plant for four months, cost the company about 4.5 billion rand in plant repairs and rehabilitation and more than 2 billion rand in business interruption, the newspaper reported. A 6.5 billion rand ($361...
Iranian parliament approves a measure to close Strait of Hormuz
Around 20% of global oil and gas flows through Strait of Hormuz. "If they do that, it will be another terrible mistake. It's economic suicide for them if they do it. And we retain options to deal with that, but other countries should be looking at that as well. It...
DGCA puts in place special audit framework for ‘360-degree’ safety evaluation of Indian aviation ecosystem
The audit framework will cover the entire range of aviation entities, including scheduled and non-scheduled airlines, maintenance, repair and overhaul organisations (MROs), flying training schools, air navigation service providers, airport operators and ground...
US airlines at greater risk as global carriers bypass Middle East after attacks on Iran
Airlines continued to avoid large parts of the Middle East due to missile exchanges between Israel and Iran, the latest upheaval to travel in the region. U.S. strikes on Iran's nuclear sites could heighten the threat to American operators in the region, an...
Iran-Israel war escalation to impact India’s trade with West Asia, say experts
Nearly 30 percent of global oil and a third of the world's LNG (liquefied natural gas) passes through the strait daily and its closure would immediately reduce global supplies triggering a spike in prices New Delhi: Any blocking or disruption of traffic through the...
NGT notice to CPCB, Bihar authorities over rise in lightning deaths due to felling of palm trees
According to a report, after the ban on toddy tapping due to Bihar's prohibition policy, palm trees lost their economic value and have since been widely cut down. This ecological loss appeared to have made rural areas more vulnerable to lightning strikes, with the...
RBI-led initiative to curb digital frauds gains momentum banks roped in to set up DPIP
The proposed platform seeks to bolster fraud risk management by facilitating real-time intelligence sharing and gathering, thereby preventing fraudulent digital transactions, sources said. New Delhi: In a bid to rein in the increasing incidence of digital payment...