“We would love to do something in the drought space, that is...
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Risk Management
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Railways to monitor untoward incidents in real time to check fraudulent claims
The board acted after it came to light that there were delays in...
“Megatrend” Risks are not getting properly addressed by business entities, finds out Aon Survey
The survey results highlight that supply chain risks are top of...
India suffering from worst water crisis in its history: NITI Aayog
Currently, 600 million Indians face high to extreme water stress and about two lakh people die every year due to inadequate access to safe water, said the NITI Aayog report on Composite Water Management Index (CWMI) released on Thursday which aims to enable effective water management in Indian states in the face of this growing crisis
Srikrishna panel likely recommendations make Google and Amazon Nervous
Srikrishna is leading the effort to draft new data-privacy laws for India that will regulate how tech giants from the U.S. and elsewhere operate in the nation of 1.3 billion. His recommendations carry particular weight because India is already the biggest market for companies like Facebook Inc. and offers enormous potential for dozens more. The committee Srikrishna helms will send its bill to the government this week.
Natural resources mismanagement pose interruption & liability risks for biz:Allianz Study
“Companies around the world are increasingly confronted with the negative implications of natural capital depletion,” says Chris Bonnet, Manager, Environmental, Social and Governance (ESG) Business Services, AGCS
Personal Cyber Insurance-Security Packages Being Tested with Wealthy
With no universal reporting, it is hard to get a good grasp on cyber security problems and figure out a way to solve them. Eva Velasquez, president of the Identity Theft Resource Center (idtheftcenter.org), said that if more people reported hacking incidents it would help.
Honeywell international to make flying safer by decoding accents in India
The move will enhance safety at a time when Prime Minister Narendra Modi’s push to add smaller airports to the world’s fastest-growing major market has increased the demand for pilots who could be speaking in a thick accent, thanks to more than 6,000-old dialects spoken across the country
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Threats from Conflict and Terrorism account for more than half of Indian cities’ Risks:Lloyd’s Report
• Indian cities in top 10 globally for civil conflict and terrorism risks
• Delhi, at US$3.5bn, is the highest ranked city in South Asia for economic output at risk
• Flood and tropical windstorm threats account for 12% of India’s risk landscape
• Indian cities among the least resilient in the world
India extracts more groundwater than China-US, says study
“The country accounts for one-fourth of the total groundwater extracted globally, more than the water extracted by China and the United States combined. Severe groundwater depletion in the north and central India, already home to some of the poorest communities, further threatens their access to water,”
WhatsApp leak: Sebi to soon take action against market operators, cos’ senior staff
The companies may also face censure action by the market watchdog for alleged lapses in safeguard mechanism to check leak of unpublished price sensitive information (UPSI), including financial results before they were made public for all investors, regulatory sources said.
Pratt & Whitney engine issue returns, IndiGo flight aborts takeoff
In March, IndiGo had grounded 11 of its A320 neo planes with faulty P&W engine following a direction from the Directorate General of Civil Aviation. Three GoAir planes were also grounded
Swiss Re highlights five top risks for re/insurance industry
• Emerging geopolitical risks, the re-emergence of asbestos and risks from new technologies such as cyber, biased algorithm or the erosion of risk diversification pose the largest challenges
• Other risks are in the health and environmental area, such as people sleeping less and issues around environmental liability