“There are no conclusive data available in the country to establish...
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High temperature disrupts flights to high altitude Leh airport
The maximum temperature at which an A320 Neo aircraft can operate...
Wayanad landslides: Death toll rises to 120
Kerala Chief Secretary V. Venu told local media, "Around 2 a.m.,...
Data protection bill deterrent for businesses who wilfully do wrong, says Justice B Srikrishna
The proposed legislation contains a provision for the ‘Right to be Forgotten’, which is in line with European data privacy laws such as General Data Protection Regulation. While the draft bill does not insist on personal data of residents of India to be stored only in India, it has made an enabling provision where the government can notify categories of personal data as critical data, which would be only stored
in India.
Fintech Payments market prone to cyber-attacks,City of London & PWC Report
According ther eport’s estimate,by 2020, around 720 billion transactions are projected to occur through the use of digital payment methods in the Indian market which will be largely driven by development of Unified Payment Interface technology
New Anti-Graft Law To Punish Bribe Givers With A 7-Year Jail Term
For bribe takers, the amended law has increased the punishment to a minimum of three years of imprisonment, which may extend to seven years, besides fine.The Act has included commercial organisation into its ambit also.
SAS supports Insurers to meet IFRS 17 compliance
“The disparate nature of incumbent accounting systems, actuarial tools and data sources, conventionally with weak workflow and integration capabilities, will pose a significant hurdle for insurers to overcome in complying with IFRS 17, particularly as many grapple with IFRS 9 compliance in tandem,” said Cubillas Ding, Research Director at Celent
India to hold Top Spot for Economic Growth but Oil poses Risk
“Relatively higher interest rates, high oil prices, uncertainties on the exchange rate, gradually building up political risks from the 2019 elections – are all headwinds that can slow down the growth momentum,” noted Samiran Chakraborty, senior economist at Citi.
Srikrishna panel says personal critical data must be stored in India, submits report
The Srikrishna committee held its last and final meeting earlier this week on July 25, where one of the members said on conditions of anonymity that the data protection framework, would spur amendments in a slew of existing legislations in areas like Aadhaar, RTI and health.
Companies missing financial impacts of rising IP litigation risks: Willis report
The top three countries for IP litigation are China, the U.S. and Germany. China’s frequency is steadily increasing with the number of IP cases filed doubling between 2013 and 2017
India Inc becoming more vulnerable to sudden policy changes: Assocham
“Increase in truck axle load by the Centre and the Maharashtra Government directive on food and beverages in the cinema halls are the latest examples of the policy changes coming as a bolt from the blue for the corporates.
Blockchain: Mechanics and Magic
Executives need to have a basic understanding of the mechanics and an appreciation of the magic in order to assess the applicability of blockchains to their insurance business problems. This article will step back from the hype and explain how a blockchain works. It will highlight some surprising capabilities and debunk some confusing myths and inaccuracies.
European Union fines Google a record $5 billion over mobile practices
In its ruling, the EU said Google broke the rules when it required mobile phone makers to pre-install the Google Search and browser apps if they wanted to use Google’s app store. Google also paid big producers to exclusively pre-install the Google Search app.