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Here is a masonry blog layout with no sidebarCockpit voice recordings point to confusion over instructions by air traffic controllers in Japan Airlines mishap
The recordings, in a report tabled by the Japan Transport Safety Board close to the first anniversary of the Jan. 2, 2024 tragedy, pointed to inconsistencies between the instructions by air traffic controllers to the pilots, and the subsequent actions by the cockpit...
Losses from crypto hacks jump to $2.2 bln in 2024, report says
Among the most notable hacks are the theft of more than $305 million from Japan’s crypto exchange DMM Bitcoin in May and the loss of $235 million from India’s WazirX in July Funds stolen by hacking cryptocurrency platforms surged 21% from a year ago to $2.2 billion in...
Cat-bond issuance hit a record $50 billion in 2024
Cat bonds continue to pay out more than many fixed-income assets. This year, investors are on track to earn returns of 16%, compared with a record 20% in 2023 Catastrophe-bond issuance rose to a record this year, increasing the overall market to almost $50 billion, as...
NHPC’s 2000MW Lower Subansiri project in Sikkim incurred loss of Rs 1 075.97 cr due to flash floods
The company in a regulatory filing said that the amount of damage caused by flash flood occurred on October 4, 2023 was to the tune of Rs 1,075.97 crore, which has been reported to the insurer New Delhi: State-run hydro power giant NHPC on Thursday said the flash...
Doha Insurance Group to set up reinsurance business in Gift City
Doha Insurance Group(DIG) is currently working on completing the necessary procedures and obtaining the required regulatory approvals for Gift City project from the Qatar Central Bank and the other regulatory and supervisory authorities in the Republic of India, said...
FPI inflows into Indian equities drop sharply in 2024; rebound anticipated in 2025
As of now, foreign portfolio investors (FPIs) have made a net investment of over Rs 5,052 crore in the Indian equity markets and Rs 1.12 lakh crore in the debt market (till December 24), as per data available with the depositories. This follows the extraordinary Rs...
Indian markets to deliver positive returns for 9th year in a row, outperform US
A report by Motilal Oswal said that Indian equities have outperformed US markets over the past 35 years, as investments in the Indian equity markets growing by nearly 95 times since 1990. New Delhi: Driven by strong fundamental and robust economic growth, the domestic...
Plane with 67 passengers crashes in Kazakhstan, many killed
According to Russian news agency Tass, 32 people have survived the passenger plane crash near Aktau in Kazakhstan, the press service of the Kazakh Emergencies Ministry reported ASTANA: A passenger plane crashed near the city of Aktau in Kazakhstan on Wednesday and...
Study finds enrolling in Ayushman Bharat increased access to timely start of cancer treatment
"Our study recommends expanding AB PM-JAY cancer packages to include cost-effective treatments, increasing population coverage under screening programs and promoting e-RUPI to reduce financial constraints associated with diagnostic services to address delayed...
China’s CATL launches EV chassis, flagging safety as top selling point
"Due to the extremely high crash speed and intensity, there has been no previous instance of any new energy vehicle daring to challenge a 120km/h frontal pole impact test," said Ni Jun, CATL chief manufacturing officer. SHANGHAI: China's CATL (300750.SZ), opens new...
Spectee expands crisis management system to the Philippines following success in Japan
This system, designed to monitor and manage disasters like earthquakes, floods, typhoons, and criminal accidents, gathers real-time visual and textual information from social media platforms (SNS) and official sources Tokyo: Spectee, a Japanese crisis management...
NATHEALTH urges Govt to address healthcare gaps in Budget
"The upcoming Union Budget offers an unprecedented chance to address systemic gaps such as the acute shortage of medical specialists, escalating cancer care costs, and inadequate hospital infrastructure to meet the demands of a growing population," NATHEALTH President...
NFRA penalises Deloitte Haskins & Sells LLP, finds deficiencies in BSR & Co’s Audit
The watchdog has imposed a monetary penalty of Rs 2 crore on Deloitte Haskins & Sells LLP New Delhi: The National Financial Reporting Authority (NFRA) has imposed a fine of Rs 2 crore on Deloitte Haskins & Sells LLP as well as penalties on two chartered...
Govt asks GSI to redefine TN tungsten mine block, exclude biodiversity site
The statement came in the wake of Tamil Nadu Chief Minister M K Stalin urging Prime Minister Narendra Modi to cancel the award of tungsten mining rights in Madurai district. Stalin had asserted that the state government will not allow mining there considering aspects...
Govt warns subscribers against unfamiliar international calls
"The DoT advises citizens that they should show caution with respect to answering calls from unfamiliar international numbers which are not starting with +91 and which claim to be from government authorities of India. Citizens are advised to report such suspected...
Govt launches AI tools, e-commerce safety measures to boost consumer protection
The Consumer Protection Authority (CCPA) is drafting new guidelines to regulate surrogate advertising and has issued notices to 13 companies for non-compliance with existing rules, Food and Consumer Affairs Minister Pralhad Joshi New Delhi: Food and Consumer Affairs...
Govt to issue guidelines on pesky calls next month: Consumer Affairs Sec
Consumer Affairs Secretary Nidhi Khare said the department has prepared draft guidelines in consultation with stakeholders, which will be harmonized with upcoming regulations of Telecom Regulatory Authority of India (Trai) New Delhi: The consumer affairs ministry will...
Mutual fund industry on a high; asset surges Rs 17 lakh cr in 2024
The year 2024 saw a substantial net inflow of Rs 9.14 lakh crore, alongside a significant 5.6 crore increase in investor count and a growing popularity of SIPs, which alone contributed Rs 2.4 lakh crore, according to data from the Association of Mutual Fund Industry...