The EU listed China-based Integrity Technology Group and Anxun...
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Govt’s proposal to preload national ID app Aadhaar on phones opposed by smartphone firms
MAIT also wrote to Indian IT ministry official Ravinder Kumar Meena...
7 killed in fire after explosion at EV charging point outside house in Indore
Police Commissioner Santosh Kumar Singh said a car was being...
DGCA serves notice on Air India for violating crew norms, warns on license suspension and operational restrictions
The DGCA also warned Air India that future violations in crew scheduling will invite "strict action", including licence suspension and operational restrictions. New Delhi: Aviation safety watchdog DGCA has ordered Tata Group-owned Air India to remove its three...
Israel-Iran conflict spreads into cyberspace and crypto
“Most disruptive and destructive cyberattacks are about influence and psychological impact rather than practical impact,” said John Hultquist, chief analyst at Google’s Threat Intelligence Group. “That’s why a lot of them involve an effort to publicize the incidents...
Iran-Israel Attacks: Insurance costs jump for ships sailing in Persian Gulf
Underwriters are now charging 0.2% of the value of a ship for calls into the Gulf, up from 0.125% prior to the conflict breaking out, according to Marcus Baker, global head of marine cargo and logistics at Marsh McLennan, the largest insurance broker. Rates have also...
Air India warned by DGCA for flying Airbus planes with unchecked escape slides
In the report, the Directorate General of Civil Aviation said spot checks in May on three Air India Airbus planes found that they were operated despite mandatory inspections being overdue on the "critical emergency equipment" of escape slides NEW DELHI: India's...
Boeing 787’s emergency-power system likely active before Air India crash, WSJ reports
The preliminary finding raise questions about whether the plane's engines functioned properly during takeoff, the report said. The Dreamliner was fitted with GE Aerospace's GEnx engines. Investigators believe the Air India Boeing Dreamliner had its emergency-power...
Air India crash: Centre issues draft rules to tighten control over physical obstructions
Property owners must submit key details, including site plans and structural dimensions, within 60 days of receiving the notice. Non-compliance could trigger enforcement action, including demolition or trimming of the structure New Delhi: In a key step after the...
Battery Ventures invests in Descartes Underwriting
“Over the past six years, Descartes has established itself as the leading parametric insurance business for climate-related risks, remaining true to our scientific approach to risk transfer.''Tanguy Touffut, CEO and co-founder PARIS: Descartes Underwriting, a major...
Nuclear-powered ships may reshape trade with cleaner, faster transport, to pose problems for insurance
Commercial insurance companies won’t provide coverage for ship that runs on fission because the potential cost of a nuclear accident is simply too high. Without insurance, few civilian ports would allow a nuclear-powered cargo ship to dock The commercial shipping...
ECB embeds climate risk to its supervisory approach on bank losses
The ECB is moving faster than other central banks in treating the fallout from climate change as a financial risk that has the potential to threaten bank solvency. That’s in contrast to the Federal Reserve, with Chair Jerome Powell recently stating that climate isn’t...
Israel-Iran Conflict: War risk insurance premiums for shipments to Israel spurt
Individual underwriters will price risk and rates differently, but this will add tens of thousands of dollars of extra daily costs for every voyage War risk insurance premiums for shipments to Israel are as much as three times higher than a week ago as the war between...