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Need high regulatory standard globally to deal with crypto risks: Yellen
Janet Yellen,US Treasury Secretary "We need a high regulatory standard globally, we need to take steps to reduce the cost of cross-border payments and we are very actively working in the context of financial stability with Financial Action Task Force and multilateral...
LIC net profit jumps 11fold to Rs15,952 crore in Q2
LIC's net premium income rose more than 26 per cent to Rs 1.32 trillion , the company said in an exchange filing Mumbai: A 27 per cent jump in premium income and massive gains from changes in its accounting policy along with investment income helped national insurer...
ASCI flags concerns around ‘dark patterns’ in digital advertising, proposes to expand code
A consumer is tricked into buying a more expensive product, paying more than what was initially disclosed, sharing data or making choices based on false or paid-for reviews by deploying 'dark patterns'. Mumbai: ASCI, a self-regulatory body of the advertising industry,...
FTX scrambles for funds as regulators take action
FTX's predicament marks a stunning downfall for the 30-year-old crypto executive who was once worth nearly $17 billion. The U.S. securities regulator is investigating FTX.com's handling of customer funds and crypto-lending activities, according to a source with...
Over 82 pc of biz executives polled in India see cybersecurity budgets rising in 2023: PwC survey
In India, cloud-based pathways (59 per cent) and the internet of things (58 per cent) are top areas of concern, followed by mobile devices and software supply chains (54 per cent). Globally, mobile devices are considered most unsecured (41 per cent) New Delhi: More...
Telemedicine will witness revolutionary change with improvements in connectivity: ISRO Chairman
Telemedicine connectivity can be strengthened, and the services can be expanded in rural areas with the spread of connectivity through satellites," ISRO Chairman S Somnath "Telemedicine could help bring down the cost of health care. He also noted that 5G connectivity...
Lloyd’s picks England for World Cup glory, team’s estimated insurable value at £3.17bn
Research published with the support of the Centre for Economics and Business Research (Cebr) ranks the teams based on the collective insurable value of their players. The assessment of each insurable value comprises a variety of metrics such as wages, sponsorships,...
Medibank hack could cost A$700 million in compensation, fixes
Hackers began leaking data stolen from Medibank including the names, addresses and birthdates of hundreds of customers to a forum on the so-called dark web on Wednesday. More details were posted Thursday and the company expects further leaks. The hackers demanded a...
Rising air pollution can affect unborn babies, pregnant women need to take care: Experts
Air pollution can affect the health of the pregnant woman and the developing baby. Pollutants in the air can cross the placenta, affecting the placenta's health, and disrupting the baby's development. Toxic air can also increase the risk of miscarriage," said Dr Akta...
WHO reports 90% drop in world COVID-19 deaths since February
Director-General Tedros Adhanom Ghebreyesus said that last week just over 9,400 deaths linked to the coronavirus were reported to the WHO. In February of this year, he said, weekly deaths had topped 75,000 globally The World Health Organisation chief on Wednesday said...
Global entities, fund managers keen to invest in India: IFSCA Chairman Srinivas
IInjeti Srinivas,chairman,International Financial Services Centres Authority (IFSCA) "It's a new India, it's powered with technology, it's very aspirational. There is a lot of efficiency, whether it is start-ups or in the fintech areas," , Chairman of the...
Irdai proposes allowing insurers to invest in unlisted companies
IRDAI has sent a proposal to the government to allow buying a more than 10% stake in unlisted firms by insurers, using over 10% of the monies lying in their shareholders fund, policyholders fund, or funds maintained by a reinsurance company, according to the two...
Money in NPS belongs to people can’t go back to state govts as per law FM
Nirmala Sitharaman, Finance Minister Responding to queries on restoration of the old pension scheme (OPS), Sitharaman clarified at a press conference that Rajasthan and Chhattisgarh governments that are asking the Centre to return the money, cannot get it back as per...
DigiLocker users can now store Ayushman Bharat health records
DigiLocker had earlier completed level 1 integration with ABDM wherein the platform had added ABHA or Ayushman Bharat Health Account creation facility for its 13 crore users. The latest integration will now enable users to utilize DigiLocker as a Personal Health...
Centre unveils repository for life science data
The Centre also hosts an online 'Dashboard' for the genomic surveillance data generated by the INSACOG labs that provides customised data submission, access, data analysis services, and real-time SARS-CoV-2 variant monitoring across India. Data submission and access...
Govt amends Aadhaar rules; supporting documents may be updated ‘at least once’ in 10 years
“Aadhaar number holders may, on completion of every 10 years from the date of enrolment for Aadhaar, update their supporting documents in Aadhaar, at least once, by submitting Proof of Identity (POI) and Proof of Address (POA) documents…so as to ensure continued...
Another earthquake hits Nepal
No loss of lives were reported so far. Wednesday's earthquake occurred at 2:12 am with its epicentre at Khaptad National Park in the Doti district of the quake-prone Himalayan nation, damaging scores of houses and sparking panic among the people who were sleeping...
Eight Indians among 10 killed in Maldives garage fire: Indian High Commission official
In a tweet earlier, the Indian High Commission said, “We are deeply saddened by the tragic fire incident in Malé which has caused loss of lives, including reportedly of Indian nationals. We are in close contact with the Maldivian authorities” Male: Eight Indians were...