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Indian biz need to align cyber security budgets with growth objectives, says Kaspersky
Adrian Hia, Managing Director, APAC, Kaspersky In India, malware attacks climbed 11 per cent to 13,44,566 in 2024 against 12,13,528 a year ago, a report by SonicWall said earlier this month New Delhi: Indian businesses need to align cyber security budgets with their...
Monkeypox in Africa: Exporters keep fingers crossed
"As of now, the spread is not rampant, but looking into the infection, the exporters are definitely concerned, hoping it will not spread," Federation of Indian Export Organisations (FIEO) Director General Ajay Sahai said The bilateral trade of India with Africa grew...
National Insurance aims for Rs 100-200 cr profit in FY25
T Babu Paul, executive director,National Insurance Company ``Medical treatment costs have increased by 5-20 per cent, and to bridge the cost gap, an industry-wide tariff revision is expected this year. Our average claim amount has jumped to Rs 41,000 from Rs 27,000 in...
LIC agents earn Rs 20,446/month in Andaman & Nicobar, highest in the country
LIC has 13,90,920 agents across the country. Among the larger states, Uttar Pradesh had the maximum number of LIC agents at over 1.84 lakh with an average monthly income of Rs 11,887. Maharashtra had more than 1.61 lakh LIC agents with an average monthly income of Rs...
X to wind up operations in Brazil ‘effective immediately’ due to censorship
Earlier this year, Moraes ordered X to block certain accounts, as he investigates so-called "digital militias" that have been accused of spreading fake news and hate messages during the government of far-right former President Jair Bolsonaro. Media platform X said on...
Rs1 lakh crore disbursed for free hospital care to 7.4 crore patients under PMJAY scheme
Eligible beneficiaries can avail of cashless and paperless healthcare services related to hospitalisation across more than 29,000 empanelled hospitals in the country The top speciality care treatments availed by beneficiaries to date are general medicine, infectious...
Centre to form panel to suggest measures for healthcare professionals’ safety
The IMA has also demanded a Central Act (Central Protection Act for Doctors) protecting medical professionals from violence at workplaces. It was observed that 26 states have already passed legislation for the protection of healthcare workers in their respective...
Urgent need to address $4 trn financing gap to accelerate SDG progress: FM
Nirmala Sitharaman, Finance Minister Addressing the third Voice of Global South Summit virtually, Sitharaman said that recent reports reveal that the implementation of many SDGs in developing economies is stagnating, with some indicators even regressing New Delhi:...
Govt to hire 2 pvt sector professionals as JSs to manage MoF’s Cyber Security and Investment assignments
This is for the first time, the government has advertised to hire a private sector professional as a joint secretary, Digital Economy, Fin Tech and Cyber Security along with another financial sector expert, who will also join as a joint secretary, Investment, for the...
Sebi proposes to expand sustainable fin framework in securities market
In a consultation paper released on Friday, Sebi proposed that issuers, in addition to existing green debt securities, be allowed to raise funds through issuance of social bonds, sustainable bonds, and sustainability-linked bonds. These bonds will collectively be...
Identify high-value cash transactions at hotels, hospitals; pursue arrear demands: CBDT to I-T dept
Senior IT officials told that transactions over Rs 2 lakh in cash were required to be reported through a statement of financial transaction (SFT) by financial institutions but that was not happening. The department identified some of the businesses, such as hotels,...
Nagaraju Maddirala appointed as new DFS Secy
Nagaraju Maddirala, Secretary-Designate, Department of Financial Services A few issues concerning the insurance industry, Maddirala will look into, with priority, soon after taking over as the secretary are- pending reforms measures which need amendments of various...
Kolkata doctor’s rape-murder case: Indian medics call for nationwide shutdown on Saturday
Late on Thursday, the Indian Medical Association, the country's largest grouping of medics, said it would implement a nationwide shutdown of most departments, except essential services, for 24 hours from Saturday morning, the largest such strike in at least a decade...
28% UG, 15% PG med students diagnosed with mental health conditions: Survey
Thoughts of self-harm or suicide in the last 12 months were reported by 16.2 per cent MBBS students while the number was recorded at 31 per cent in MD/MS students, according to the report by the National Task Force on Mental Health and Well-being of Medical Students...
Pakistan & Sweden report cases of more infectious form of mpox first identified in Congo
WHO said there have been more than 14,000 cases and 524 deaths in more than a dozen countries across Africa this year, which already exceed last year's figures Pakistan has detected three patients with the mpox virus, the health department in Khyber Pakhtunkhwa...
Biden, Harris hail Medicare drug price cuts that will save billions
Biden's signature Inflation Reduction Act, signed into law in 2022, was the first to allow Medicare to negotiate prices for some of the most costly drugs that the program covers for 66 million people. The new prices will go into effect in 2026 LARGO,...
Hurricane Debby: Moody’s estimates insured losses for will not exceed $1.5 billion
Jeff Waters, director, North Atlantic Hurricane Models at Moody’s, said, “Hurricane Debby should not be a major event for the (re)insurance market. Debby made landfall just 10 to 15 miles (16 to 24 kilometers) from last year’s Hurricane Idalia’s Florida landfall as a...
McKinsey sees AI surge boosting consulting amid industry slump
Among those deploying automation rapidly are the traditional and regulated industries such as banking and insurance, Rodney Zemmel, senior partner and head of the McKinsey's digital business said McKinsey & Co. is seeing an increase in the number of clients...