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China unveils $1.4 trillion local debt package but no direct stimulus
In an apparent reaction to the U.S. election and the intensifying...
Emerging Indian Risks: Managing political, technological, environmental, economic, and competitive forces
Neelesh Garg, Managing Director & CEO,TATA AIG General...
India’s data protection law has potential to propel digital economy: Facebook
The parliamentary panel on Friday quizzed social media giant Facebook about the quantum of their revenue, profit and tax payouts in India and asked what portion of their earnings were being used for data security in the country, sources said.
Global dirty money watchdog revamps rules to battle weapons financing – U.S.
“The collaboration of the Financial Action Task Force is vital to addressing global illicit financial activity, including fraud associated with the COVID-19 pandemic, proliferation financing risk, and other (anti-money laundering and counterterrorist) priorities,” U.S. Treasury Secretary Steven Mnuchin said in a statement.
NGT slams Centre over inadequate measures to prevent wastage of groundwater
“Overriding environmental law principle of ‘Polluter Pays’ must be invoked by all the regulators to ensure that wastage of water is not profitable and cost of such wastage is recovered which is necessary for restoration of the environment without merely limiting to statutory changes which are no substitute to ‘Polluter Pays’ principle,” the bench said.
No foolproof anonymity: Justice Srikrishna on data protection
“What is thought to be anonymous can be de-anonymised tomorrow. Therefore, there is no foolproof anonymity. All that law can say is take it as anonymous, if you do de-anonymity, identify the person, then you will be answerable to the law,” Justice Srikrishna said at a FICCI event.
The draft of the personal data protection bill, approved by the Cabinet in December 2019, proposes a penalty of up to Rs 15 crore and up to three-year jail term for company executives for violating privacy norms.
Startups, SMEs most vulnerable in India to cyberattacks: Report
The most common forms of cybersecurity challenges faced by startups are negligence by employees and employee mobility, according to the report.
The most common forms of employee negligence which lead to cyberattacks including data breaches are accidental loss of the device containing confidential data, leaving the workstation unprotected or unattended, sharing confidential information such as passwords via paper notes and remote working using an unsecured or public network connection.
Security researcher breaks into Trump’s Twitter account
In a statement, a Twitter spokesperson said: “We’ve seen no evidence to corroborate this claim.”
This is the second time that Gevers has gained access to Trump’s Twitter account.
India’s Dr Reddy’s isolates data center services after cyberattack
Dr Reddy’s, India’s No.2 drugmaker by market value, had shut its key plants globally due to the breach at its servers.
Its plants in the United States, United Kingdom, Brazil, India and Russia were impacted, the report added.
Lloyd’s Approves Syndicate-in-a-Box, Picnic Syndicate 2460, to cover Mutuals
Picnic will commence underwriting on Jan. 1, 2021 and would initially provide re/insurance support to the innovative mutuals that Picnic’s parent, Picnic Labs, forms and develops in Australia and New Zealand.
Battery fires put BMW and Ford on back foot just as electric vehicles take off
While EVs don’t invoke the same instinctual distrust as self-driving cars or flying taxis might, they do require a leap of faith for some consumers. A younger, tech-savvier population is one reason why China is the world’s biggest EV market, Jato Dynamics analysts said in a report earlier this week, with consumers in Europe and the US more likely to stick with what they know.Chemical Cocktail
Less carbon, more electric vehicles: automakers prepare for potential Biden win
Trump’s and Biden’s policies for autos and transportation diverge, presenting automakers with very different sets of risks and rewards.
f elected, Biden is expected to quickly reinstate the legal basis for California’s zero-emission vehicle rules and begin the process of reversing the Trump administration’s decision to ease fuel efficiency and carbon emission requirements through 2025.
Automakers could also face sharply higher penalties for failing to meet fuel-efficiency requirements. The Trump administration rolled back those penalties, which the industry said saved at least $1 billion in annual compliance costs, but a federal appeals court in August reversed the administration action.