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Primary schools shut; WFH for 50% govt staff as Delhi grapples with ‘severe’ pollution
The data from the Delhi Pollution Control Committee (DPCC) showed that the concentration of lung-damaging fine particles known as PM2.5 was above 600 micrograms per cubic metre, around eight times the national standard of 60 micrograms per cubic metre, in many areas....
Australia sees spike in cyber attacks from criminals and states
Business losses attributable to cyber crime rose on average 14% over the period, with the average crime costing a small business A$39,000 ($24,540) Cyber attacks against Australia from criminals and state-sponsored groups jumped last financial year, with a government...
IRDAI nixes Fairfax move raising its stake to 74% in Go Digit, deal would make company richer by $375 million
Prem Watsa, Chairman and Chief Executive Officer, Fairfax Fairfax currently owns 45. 3% in Go Digi Infoworks, which has 83% stake in the Go Digit General Insurance company. In June 2022, Digit Insurance and Fairfax had applied to the IRDAI for approval to convert the...
ICICI Gen Insurance awarded patent for its IoT based device protecting properties from electrical hazards
``With this patent approval of an IoT-based - system, we aim to provide not just insurance covers to our customers but also ensure their safety and prevent hazards. This device will serve as a new-risk solution for customers and having introduced several innovative,...
Twitter sued for mass layoffs by Musk without enough notice
“We filed this lawsuit tonight in an attempt the make sure that employees are aware that they should not sign away their rights and that they have an avenue for pursuing their rights,” Shannon Liss-Riordan, the attorney who filed Thursday’s complaint, said in an...
WHO says monkeypox remains global health emergency
The WHO label, a "public health emergency of international concern (PHEIC)", is designed to trigger a coordinated international response and could unlock funding to collaborate on sharing vaccines and treatments The monkeypox outbreak continues to represent a global...
Nearly 65 per cent of Indian firms are currently employing gig workers
For smaller organisations with less than 2,000 full-time employees, gig worker proportion is more than 5 per cent and none of the organisations surveyed have mentioned a decline in gig hiring, according to the report by Nasscom and job portal Indeed in partnership...
Modern science and technology to address flood problem in NE region: Shekhawat
Gajendra Singh Shekhawat,Union Jal Shakti Minister ''the ministry intends to make maximum use of modern science and technology to come up with a workable solution to the age-old problem of floods in the Northeast region.'' Union Jal Shakti Minister Gajendra Singh...
China’s zero covid policy fails miserably as new cases of viruses found everyday: Report
According to Africa Daily Digital, at least 31 cities in China are under lockdown, which has affected over 232 million people's lives. The Universal Resort in Beijing too has been shut down as fresh cases of Covid are rising in the capital city Beijing: Chinese...
Govt mapping laboratories to plug critical gaps: Goyal
The government has issued 450-odd quality control orders and asked BIS along with the commerce ministry to set up a crack team to do a complete study on quality standards New Delhi: The government is mapping all laboratories in the country in a bid to plug the...
Reliance Capital lenders to meet on today to decide on Challenge Mechanism
Some bidders have raised concerns with the Administrator about the introduction of this new clause at this late stage of the bidding process, sources said, adding there was no mention of this mechanism in the Request for Resolution Plan (RFRP) document These bidders...
Danish train standstill on Saturday caused by cyber attack
"We were contacted by our subcontractor who told us that their testing environment had been compromised by criminal hackers," DSB's chief of security, Carsten Dam Sonderbo-Jacobsen, told public broadcaster DR. A major breakdown of Denmark's train network during the...
Lloyd’s Syndicate Ascot resumes cargo cover for Black Sea grain shipments
“In response to today’s news, the Ascot-led ‘AsOne’ facility is quoting again, effective immediately, and we have already issued quotes this morning,” Chris McGill told Reuters by email Lloyd’s of London insurer Ascot is once again quoting on its cargo insurance...
India has the largest gender wealth gap in APAC:WTW Report
In APAC, the gender wealth gap is the largest in India at 64%. The study found that one of the contributing factors for this can be the significant gender pay gaps in the country, which exceed the global average, particularly for professional and technical roles....
Gen Z & millennials made nearly 70% calls to AXA’s 24X7 free mental health helpline in India
The maximum number of calls were recorded from the 21-30 years age bracket (30%), followed closely by the 31-35 years age bracket (22%) and the 36-50 years age bracket (17%) Of the calls answered by the helpline over the past 6 months, the majority calls were from...
ESG will increasingly influence insurers’ strategies: Fitch
Large weather-related losses for property and casualty (P&C) insurers highlight increasing environmental physical risks many experts link to climate change. In response, we expect P&C (re)insurers to increase premium rates and, in some cases, pull back from...
US Fed eaises rate by 75 bps to over a decade high at 3.75-4.0% in fight against inflation
Russia's war against Ukraine is causing tremendous human and economic hardship. The war and related events are creating additional upward pressure on inflation and are weighing on global economic activity The statement added that the assessments would take into...
Mild disease, no severity among Indian patients: INSACOG on Omicron’s XBB variant
"The community need not panic and adherence to coronavirus appropriate behaviour is recommended in the light of ongoing festivities," Indian SARS-CoV-2 Genomics Consortium (INSACOG) said. Among the Indian patients the disease is mild like with other Omicron...