In another key appointment, Bima Sugam India Federation has...
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Ban on BS-III petrol, BS-IV diesel 4-wheelers in Delhi amid rising pollution levels; Rs 20,000 fine for violators
"There shall be no plying of BS III petrol and BS IV diesel LMV (4...
Cloud investments: Majority of banks and insurers struggle to maximize the value
“Cloud adoption should be viewed as the start of a transformative...
London must ‘seize the moment’ to maintain global leadership amid COVID-19 pandemic:Report
Britain accounted for nearly a third of financial activity in the European Union, which it left last January, and will no longer have to comply with its rules after Dec. 31.
New Financial said in its study “Beyond Brexit,” supported by Barclays bank, that leaving the EU would be a seismic change and involve significant disruption for the banking and finance industry’s relations with the bloc.
Lockdown has ended, but virus still there; All must be cautious during festivities: PM
The prime minister said the government is making all efforts to ensure that a vaccine, whenever it is launched, reaches every Indian.
FSSAI”s new food safety compliance platform to become operational across India from Nov
It said since 2011, its online FLRS (Food Licensing and Registration System) is the soul of the licensing ecosystem. It is operational in all states and 70 lakh licences/ registrations have been issued till date while over 40 lakh licensees/ registrants are actively transacting on it.
“FSSAI is launching its cloud based, upgraded new food safety compliance online platform called FoSCoS( URL – https://foscos.fssai.gov.in).
Airlines’ coronavirus safety analysis challenged by expert
Airlines and planemakers are anxious to restart international travel, even as a second wave of infections and restrictions take hold in many countries.
“With only 44 identified potential cases of flight-related transmission among 1.2 billion travellers, that’s one case for every 27 million,” IATA medical adviser Dr David Powell said in a news release, echoed in comments during the event.
IATA said its findings “align with the low numbers reported in a recently published peer-reviewed study by Freedman and Wilder-Smith”.
But Freedman, who co-authored the paper in the Journal of Travel Medicine with Dr Annelies Wilder-Smith of the London School of Hygiene and Tropical Medicine, said he took issue with IATA’s risk calculation because the reported count bore no direct relation to the unknown real number of infections.
Insures should partner banks to issue Surety Bonds:IRDAI Panel
Instead of Insurance industry handling alone, a mechanism is required wherein the banking sector and the insurance sector could collaborate for sharing of customer information since banks have more experience in managing these types of risks, suggested the panel..
To start with performance bonds / surety bonds can be issued limited to the projects of NHAIs only and not for all the contractors. The rate should be determined by a market agreement, suggested the panel
IRDA forms panel to examine the need for a standard cyber liability cover for Indian market
The General Liability policies available currently in the Indian market do not cover cyber risks and cyber insurance policies currently available are highly customized for clients in a new and quickly growing market. Hence, it is felt that a basic standard product structure is required to provide insurance cover for individuals and establishments to manage their cyber risks, said the IRDAI.
British Airways hit with UK data watchdog’s biggest-ever fine
Other major cyber incidents in the recent past include another London-listed airline, easyJet EZJ.L, which earlier this year said hackers had accessed the email and travel details of around 9 million customers.
U.S. hotel operator Marriott International MAR.O in March suffered its second data incident in less than two years, with information of about 5.2 million its hotel guests suffering a breach.
Gadkari suggests formation of state water grid in Maharashtra to overcome flood crisis
The floods create and trigger serious problems in different parts of the state and there is an urgent need to chalk out a plan to manage this natural disaster that becomes grave because of other man made factors,” a statement from the Minister’s office said.
Driverless race steps up with Cruise allowed to drive empty in San Francisco
Cruise is the fifth company to receive the driverless permit in California. Alphabet’s Waymo was the first in late 2018 to receive it for about three dozen test vehicles with speeds of up to 65 miles per hour. This year SoftBank-backed Nuro, whose vehicle has no steering wheel or pedals, was also approved and has delivered medical supplies for temporary COVID-19 hospitals.
Chinese startup AutoX and Amazon.com Inc’s AMZN.O Zoox also got their permits in recent months. The four previous permits are for cities in Silicon Valley that are easier to navigate.Under its permit, Cruise cars can go anywhere on San Francisco streets at a maximum speed of 30 miles per hour, and can drive both day and night.
Haldiram’s crucial data stolen; hackers demand ₹7.50 lakh to release information
According to the FIR lodged at Sector 58 police station, the cyber attack took place on the intervening night of October 12 and 13 and the hackers may have stolen “entire or substantial data” of the company which runs several restaurants and outlets.