In a 2023 safety report, the Civil Aviation Authority of Nepal...
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Helicopter with 5 people on board crashes in the mountains northwest of Nepal’s capital
The four passengers are Chinese nationals, and the pilot is a...
Global selloff: Sensex and Nifty nosedive, Investors’ wealth eroded by Rs 17.11 lakh crore
Global markets were in the deep red on Monday as the US economic...
SBI Life bags RIMS first India ERM award
SBI Life’s ERM initiatives have improved processes that identify patterns and indicators to recognize fraudulent claims. Additionally, the risk management team’s efforts support cross-departmental collaboration that allows for a more accurate assessment of customer insurability
Draft Brexit deal ends Britain’s easy access to EU financial markets
Britain’s decision to leave the EU has undermined London’s position as the leading international finance hub. Britain’s financial services sector, the biggest source of its exports and tax revenue, has been struggling to find a way to preserve the existing flow of trading after it leaves the EU.Many top bankers fear Brexit will slowly undermine London’s position. Global banks have already reorganized some operations ahead of Britain’s departure from the European Union, due on March 29.
Cyber-attacks, volatile weather top risks for India Inc:Marsh-RIMS study
In fact, some 88 per cent of the survey respondents – representatives of C-suites, executives, and risk professionals across 19 industries – identified cyber-attacks as the top-most risk. This was followed by data fraud or theft (85%), volatile weather (84%), severe energy price shock (81%) and major financial failure (81%) among the other top risks for India Inc.
After Google, Facebook scraps forced arbitration in sexual harassment cases
The technology industry, known for its groundbreaking products as well as its trendsetting office culture, has gone to considerable lengths in recent years to keep work-force disputes out of the court system. Forcing employee complaints into arbitration has become as common as free lunches and shuttle buses to the office.
IndiGo upgrades 125 orders of A320neo jets for a bigger sister model
Indigo, one of the few Indian carriers with enough cash to aggressively expand, has been mapping out a way to build a long-haul, low-cost business taking passengers from places like New Delhi to London, with a stop in, say, Istanbul. It’s been weighing whether to place an order for Airbus’s A330neo or Boeing Co.’s 787 wide-bodies, but the bigger narrowbodies it just converted to could help satisfy that requirement — especially if the carrier opts to take the longer-range A321 variant.
India witnesses over 4.36 lakh cyberattacks from Russia, US
The report said the top five source countries that targeted India included Russia (2,55,589 attacks), followed by the US (1,03,458), China (42,544), the Netherlands (19,169) and Germany (15,330) – totalling 4,36,090 attacks.
Cyclone ‘Gaja’ to intensify in next 24 hours
Gales reaching 80-90 kms per hour was likely over Tamil Nadu, Puducherry and Andhra Pradesh. Speaking to reporters, Area Cyclone Warning Centre Director S Balachandran said coastal areas of north Tamil Nadu would experience moderate rainfall and heavy rainfall in isolated places from the night of November 14.
Pilot’s error triggers hijack scare on Kandahar-bound plane at IGI airport
After a two-hour operation that created panic among the passengers on board the aircraft, the plane was cleared for take-off
Monitoring Delhi pollution, will impose emergency measures if needed: EPCA
A thick haze engulfed Delhi on Thursday as it recorded its worst air quality of the year the morning after Diwali, with the pollution level entering “severe-plus emergency” category or ten times the permissible limit due to rampant bursting of toxic firecrackers in gross violation of a Supreme Court order, authorities said.
Italy’s Generali to stop insuring new coal plants
Generali’s action, which comes ahead of a United Nations climate change conference in Poland in December, is the latest by a big insurance company that targets the coal industry as part of efforts move towards a lower carbon economy.In late 2017, French insurer AXA said it planned to disinvest further from the coal industry. Others that have taken steps include Scor, Swiss Re and Zurich Insurance.