The association has questioned the very basis of the order,...
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High-rise Fire: Hong Kong catastrophe shows how difficult it is to evacuate in emergency
Evacuations of high-rises don’t happen every day, but occur often...
Jul-Sep quarter GDP surges to 8.2%, India’s strong economic resilience,say experts
The GDP growth came ahead of the festive season consumption boost...
Consecutive night flights, long duty hours among factors for pilot fatigue: Study
"70 per cent of pilots in the survey considered that more than 10 hours of flight duty period profoundly influenced the onset of fatigue. NASA and EASA scientific studies have recommended a maximum of 10 hours of flight duty period," it noted New Delhi: Consecutive...
Japanese population fell at the fastest clip in 15 yrs, Births hit a record low, deaths a record high
A record 260 companies went bankrupt in 2023 as they couldn’t secure enough workers to maintain their operations, according to a report by Teikoku Databank Japan’s tax and insurance premium revenue is projected to decrease by about 10% by 2040, according to a 2018...
Global IT outage: Enhancing cyber resilience
The incident highlights the need to shift our perception of cybersecurity from a mere IT issue to the broader concept of cyber resilience as an integral part of business resilience. In the face of a cyberattack, businesses should be able to recover fast from an...
CrowdStrike blames defect in content update for massive IT crash
The incident crashed Microsoft Windows computer systems around the world on Friday, taking down airline, banking and stock exchange operations from Australia and Japan to the UK CrowdStrike Holdings Inc., the cybersecurity company at the center of massive global IT...
Govt announces to remove angel tax on startups for all classes of investors
While previously the angel tax -- a tax levied on capital received on the sale of shares of a startup above the fair market value -- applied only to local investors, the Budget for the 2023-24 fiscal year (April 2023 to March 2024) widened its ambit to include foreign...
CrowdStrike Crisis: Negotiating ‘Blue Screen of Death’ (BSOD) loop
Clear understanding and documentation of cyber insurance policies are essential to determine coverage in connection with such incidents. Insurers could see that their incident response and claims handling teams are stretched thin given the scale of this incident, as...
Economic Survey highlights urgent need for structured elderly care policies in India
Coupled with insights from a NITI Aayog position paper, the survey pointed out that the elderly care industry in India -- currently valued at USD 7 billion (Rs 57,881 crore) -- faces critical gaps in infrastructure, research and know-how for managing geriatric...
Eco Survey calls for paradigm shift to counter rising mental health and obesity issues among Indians
Mental health drags down productivity more widely in the ecosystem than individuals' physical health issues, it noted. Quoting the National Mental Health Survey (NMHS) 2015-16 data, the survey said 10.6 per cent of adults suffered from mental disorders in India while...
India’s financial sector is sound and resilient: RBI Governor
In terms of market dynamics, the financial landscape in India is undergoing a structural transformation, driven by factors like innovations in technology, financial deepening, and changing savings and investment patterns. Each of these shifts has a bearing on how...
Microsoft outage: CrowdStrike explains what exactly went wrong
George Kurtz, CrowdStrike's CEO, said in a post on X that CrowdStrike had deployed a fix for the issue. "This is not a security incident or cyberattack," he wrote. However, it is not clear how easily the affected systems can be fixed remotely, as the "Blue Screen of...