Shaktikant Das,Governor,Reserve Bank of India Annual retail...
Category:
Risk Management
Latest
Floridians flee looming catastrophe as Hurricane Milton approaches
The storm was on a collision course for the Tampa Bay metropolitan...
Indian regulators have done world-class job made system more transparent: FM
Union Finance Minister Nirmala Sitharaman asked banks not to be...
Locusts reach national capital outskirts; south, west Delhi on high alert
In May, India battled a devastating desert locust outbreak. The crop-destroying swarms first attacked Rajasthan and then spread to Punjab, Gujarat, Maharashtra and Madhya Pradesh.
According to experts, broadly four species of locusts are found in India — desert locust, migratory locust, Bombay locust and tree locust. The desert locust is considered the most destructive.
It multiplies very rapidly and is capable of covering 150 kilometers in a day.
Pakistan pilot licence irregularities are ‘serious lapse’ – IATA
“We are following reports from Pakistan regarding fake pilot licences, which are concerning and represent a serious lapse in the licensing and safety oversight by the aviation regulator,” an IATA spokesman said, adding that the organisation was seeking more information.
Pakistan’s civil aviation authority has found that some 150 of PIA’s 434 pilots have “dubious licences”, the airline said.
ICICI Lombard’s new retail cyber cover to insure financial or reputation losses upto Rs1cr
The policy can be purchased at an affordable rate by all digitally active individuals. The premium ranges from Rs 6.5 per day to Rs 65 per day. The Sum Insured for the cover ranges from Rs 50,000 to Rs 10,000,000 as opted by the policyholder. The policy provides coverage to the entire family, including children for a duration of 1 year.
Monsoon covers all India earlier than usual, brightens crop prospects
The farm sector employs more than half of the country’s 1.3 billion population and accounts for nearly 15% of India’s $2.9 trillion economy.
10,000 passengers join EasyJet lawsuit over Data Breach
Victims are entitled to as much as 2,000 pounds ($2,500) in compensation, meaning the case could be worth as much as 18 billion pounds.EasyJet said last month that the email addresses and travel data of about 9 million customers were taken by hackers in one of the biggest privacy breaches to hit the airline industry
Global investors including insurers urge Brazil to stop deforestation
The 25 European signatories include Norway’s Nordea Asset Management and the Church of England, which has a 2.8 billion pound ($3.5 billion) pension fund. The UK’s Legal & General Investment Management (LGIM) is among the largest investors with 1.2 trillion pounds under management.
The letter does not spell out consequences if Brazil’s government does not take action, but seven European financial firms told Reuters last week they could divest from Brazil-linked holdings if environmental destruction continues. Many of those firms also signed the letter to embassies.
Frustration, fear and family: lockdowns test investment bankers
Global M&A volumes are down 41% so far this year, a far cry from the champagne-popping records of recent years when bankers at Goldman Sachs, JPMorgan, Morgan Stanley, Citi and Bank of America – the top five dealmakers – were the toast of Wall Street.
Massive government support for companies, particularly in Europe, is keeping many firms afloat and delaying the kind of lucrative takeover deals that have put M&A advisors at the top of the investment banking world, bankers and lawyers said.
IRDAI forms panel to suggest ways to insure drone technology
Among other issues,the committee will make recommendations relating to design and development of product/s meeting the needs of RPAS owners and operators, including Third Party Liability,make recommendations relating to underwriting of such risks including the re-insurance perspective and examine any other relevant matter relating to the subject.
Apple,other U.S. goods from China held up at Indian ports: sources
The U.S.-India Strategic Partnership Forum (USISPF), a lobby group representing U.S. firms, told India’s commerce ministry in a letter dated June 23 that lack of clarity and delays could disrupt business and manufacturing operations.
Bayer to pay up to $10.9 billion to settle bulk of Roundup weedkiller cancer lawsuits
As of April, the company had been sued by 52,500 U.S. plaintiffs who blame glyphosate-based weedkillers for their cancer, up from 48,600 in February. Law firms had lined up tens of thousands of additional claimants with cases yet to serve.