Shivraj Singh Chouhan,Union Agriculture Minister Chouhan, who is on...
Category:
Risk Management
Latest
Cybersecurity professionals limited, big challenge for future: SBI chief Setty
CS Setty,Chairman,SBI "But we also feel that the professional...
Cyber Protection: Public-private action to bridge gap and boost resilience
Mario Greco, Group Chief Executive Officer, Zurich Insurance Group,...
Exams for company directors: Modi govt finds a way to stop corporate frauds
Independent directors on company boards will soon have to clear an exam before they can be appointed, said Injeti Srinivas, the top bureaucrat in charge of corporate affairs. The government is also seeking a ban on Deloitte Haskins & Sells saying it failed to warn of mounting risks at a major shadow lender, and the banking regulator suspended an EY affiliate this month after finding problems in one of its audits.
US cyber insurance premiums see 10% increase to $2.03bn, Aon study
The report highlights that the direct incurred industry loss ratio across all cyber policies was 35.4 percent during the period, with standalone and package business reporting 34.4 percent and 36.8 percent respectively – suggesting that on the whole cyber insurance was quite profitable for US insurers in 2018. The segment had 14 additional players during the year
Over Rs 2.05 lakh crore frauds in 11 years: ICICI Bank, SBI and HDFC among top victims
Of the total 53,334 cases of frauds reported during 2008-09 and 2018-19 fiscal years, involving a whopping Rs 2.05 lakh crore, a highest of 6,811 were reported by the ICICI Bank involving Rs 5,033.81 crore.The state-run State Bank of India (SBI) reported 6,793 fraud cases involving Rs 23,734.74 crore followed by HDFC Banks which recorded 2,497 such cases involving Rs 1,200.79 crore, according to the data given by the central bank in response to an RTI query filed by this correspondent.
India slips 5 places to 141 on Global Peace Index 2019; Iceland again tops
According to the report, South Asia’s score for every indicator in ongoing conflict is less peaceful than the global average, with four out of six deteriorating last year. Only deaths from internal conflict improved, with fewer fatalities in Pakistan, Afghanistan and India than the year prior.
Now weather forecasters shield India Inc from rainy days
According to Noida-headquartered Skymet Weather Services’ Founder and Managing Director Jatin Singh: “The business has gained traction in India as insurance, banking, agribusiness, commodity traders, retail and e-commerce, transportation and government institutions have become our clients over the years.
“We are India’s largest crop insurance settlement agency.”
Divided G20 admits worsening trade wars pose risk to world economy
IMF chief Christine Lagarde warned the tariffs could shave global GDP by 0.5 per cent or about USD 455 billion in 2020 and said trade conflicts constituted the “principal threat” to the global economic outlook.
Indian aviation market facing very tough competition; cost environment unfavourable: IATA
Noting that cost environment is not very favourable for airlines in India, de Juniac said prospects for the airlines’ industry are less positive than six months ago. “It is a global trend, which is more accurate and visible for cargo than for passengers. We still see a strong demand in the passenger business,” he added.
How Internet may be changing your brain
The research, published in the journal World Psychiatry, found the Internet can produce both acute and sustained alterations in specific areas of cognition, which may reflect changes in the brain
Draft law proposes 10-year jail term for dealing in cryptocurrency
A cryptocurrency is a digital or virtual currency that uses cryptography for security and is generally based on blockchain technology, a distributed ledger enforced by a disparate network of computers. Bitcoin is the most popular cryptocurrency in the world.
U.S. Judges Grapple with Youths’ Constitutional Challenge to U.S. Climate Policy
The young people argue that government officials have known for more than 50 years that carbon pollution from fossil fuels causes climate change and that policies promoting oil and gas deprive them of their constitutional rights.