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AM Best maintains stable outlook on India’s non-life insurance segment
“We expect that India’s non-life premium growth will be bolstered...
Wish to bring as many Indians into market ecosystem to help in wealth creation: Buch
"'… a system that is efficient but is exclusive does not serve the...
Bajaj Allianz General now the 4th insurer to offer drone cover
Insurance protection is offered for the damage to the drone and the payload it carries will provide coverage for replacement/repair, accidental loss of/damage to the UAS (unmanned aircraft system) arising from the risks covered, including its disappearance, is...
Higher ransomware claims push up USA CYBER PRICES
Cyber once again saw a record increase in premiums in Q3 2021, at 27.6%. Respondents agreed that one of the primary drivers behind these increases was the rise in cyberattacks, specifically ransomware, phishing, and social engineering attacks. Cyber had been...
NITI floats idea of full-stack digital banks, seeks comments by Dec 31
Digital banks or DBs are banks as defined in the Banking Regulation Act, 1949 (B R Act), the paper said."In other words, these entities will issue deposits, make loans and offer the full suite of services that the B R Act empowers them to. As the name suggests...
K7 Cyber Threat Monitor Report For Q2 2021-22 Reports Pan-India Infection Rate of 45%
The K7 Cyber Threat Monitor Report Q2 2021-22 analyses the prevalence of cyberattacks across Indian cities. Delhi recorded an infection rate of 44%, the highest amongst Tier 1 cities, closely followed by Chennai, Hyderabad, and Kolkata with an infection rate of 42%...
Singapore’s DBS suffers second day of online banking disruption
Singapore is the biggest retail and wealth management market for DBS, which also has operations in places including Hong Kong, Indonesia and India. Singapore: DBS Group Holdings Ltd , Southeast Asia's largest bank, is facing disruptions in its online banking services...
Govt seeks to block most cryptocurrencies in new bill, government says
Through the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, India is also looking to make a framework for the official digital currency that will be issued by the Reserve Bank of India. MUMBAI: India is looking to bar most private...
EV charging sessions to cross 1.5 bn by 2026 globally: Report
While EV charging at home will largely remain dominant, public charging roll-outs will be a major focus going forward, and their installation will be critical to enabling users who do not have off-road parking to join the electric mobility revolution," said research...
Vestas data ‘compromised’ by cyber attack,shares drop
The cyber security incident on Nov. 19 forced Vestas to shut down IT systems across multiple business units and locations to contain the issue, but the Danish company said it has been able to continue operations. COPENHAGEN: Shares in Vestas Wind Systems A/S dropped...
Amid growing cybercrimes, Delhi Police to set up cyber police station in every distric
According to data provided by the Delhi Police during its annual press conference in February, there was a rise in cybercrime cases from March to May 2020, when restrictions were in place due to the COVID-19 outbreak. The number of such cases went up from around 2,000...
Sensex drops 1,170pts, Nifty below 17,450, investors lose Rs 7 trillion
The BSE index has shed 2,253 points (3.7 per cent) in the last four straight trading sessions. "Subdued listing and continued weak trading of Paytm is a big sentimental setback to the domestic market," Vinod Nair, head of research at Geojit Financial Services, said in...