Officials are concerned that a potential sharp and correlated...
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RBI asks banks to bring down inoperative accounts urgently report their numbers quarterly
Expressing concern over the rising sums of money lying in such...
PM Modi expresses concern over threats emanating from digital frauds, cybercrimes
Prime Minister Narendra Modi As a counter measure to the potential...
Maha CM orders probe into power outage in Mumbai
Thackeray instructed Brihanmumbai Municipal Corporation (BMC) Commissioner Iqbal Singh Chahal to make alternate arrangements so that power supply to hospitals is intact, the statement said.
He also directed the state chief secretary to ensure that the control rooms and fire brigade are on alert to see there are no other mishaps due to power outage, it said
Lloyd’s of London reviews insurance contracts due to COVID-19
“The insurance industry must urgently reassess how it can better serve and support its customers,” Lloyd’s Chief Executive John Neal said in a statement.
Lloyd’s recommendations for simpler products including insurers carrying out a “linguistics review” of policy documents, investing in new products such as parametric insurance which pay out immediately when specific triggers are hit, and involving customers in product design.
Container shipping group CMA CGM resumes online services after cyber attack
In a separate incident, U.N. shipping agency the International Maritime Organization (IMO) said on Oct. 1 that its website and intranet had been disabled by a sophisticated cyber attack and its IT specialists had shut down key systems to prevent further damage.
Novel coronavirus can last 28 days on glass, currency, Australian study finds
CSIRO researchers found that at 20 degrees Celsius (68 degrees Fahrenheit) the SARS-COV-2 virus remained infectious for 28 days on smooth surfaces such as plastic banknotes and glass found on mobile phone screens. The study was published in Virology Journal.
“It really reinforces the importance of washing hands and sanitising where possible and certainly wiping down surfaces that may be in contact with the virus,” said the study’s lead researcher Shane Riddell.
By comparison, Influenza A virus has been found to survive on surfaces for 17 days.
Only 1 in 4 global orgs keep Cardholder Payment Data Secure: Report
Payment data remains one of the most sought after and lucrative targets by cybercriminals with 9 out of 10 data breaches being financially motivated, as highlighted by the recent Verizon Business 2020 Data Breach Investigations Report (2020 DBIR). Within the retail sector alone, 99 percent of security incidents analyzed by the 2020 DBIR were focused on acquiring payment data for criminal use.
Four low-intensity earthquakes recorded near Porbandar in Gujarat
Moratorium period exceeding six months may result in vitiating overall credit discipline: RBI to SC
The Finance Ministry had filed an additional affidavit in the apex court on October 2 saying it had decided to waive compound interest (interest on interest) charged on loans of up to Rs 2 crore for a six-month moratorium from individual borrowers as well as medium and small industries.
Microsoft to let employees work from home permanently: Report
“The Covid-19 pandemic has challenged all of us to think, live and work in new ways,” Microsoft’s Chief People Officer Kathleen Hogan said in a note to employees obtained by the tech news outlet.
“We will offer as much flexibility as possible to support individual workstyles, while balancing business needs and ensuring we live our culture.”
Retreating monsoon rains worry paddy farmers in Maha
Gondia district agriculture superintendent Ganesh Ghorpade and his Bhandara counterpart Hindurao Chavan told PTI that farmers need not worry as of now, but if rains continue for some more time, then “things would get tougher”.
They have asked cultivators to delay the crop cutting work by five to six days and also keep a tab on rain prediction before harvesting the crop.
U.S. lawmakers detail Big Tech’s market abuses and press for strict reform
The report by the antitrust subcommittee of the Judiciary Committee recommends that Alphabet Inc.’s Google, Apple Inc., Amazon.com and Facebook – with a combined market value of over $5 trillion – should not both control and compete in related businesses.