Indian
IRDAI retains reinsurance `Obligatory Cession’ at 4% for general insurers in FY2023-24
The government has notified move on Tuesday saying that the entire...
Budget-2023-24: Life insurance policies with over Rs 5 lakh aggregate premium no more tax exempt, life insurers’ shares tank
Some budgetary announcements is negative for life insurance...
Credit Suisse’s private bank stops margin loans on Adani Group’s bonds
The Swiss lender’s private banking arm has assigned a zero lending...
Budget-2023-24:Sitharaman announces new savings scheme for women with 7.5% fixed interest rate for 2 years
The postal monthly income scheme also saw an enhancement of limit....
International
Cryptocurrency-related cyberattacks grew by 192%: Report
“The digital format of cryptocurrencies make them decentralised in nature and without any regulations, they have become the currency of choice for cybercriminals,” Murali Urs, Country Manager, Barracuda Networks-India, said in a statement.
In 2019, ransom demands ranged from a few thousand dollars to $2 million at the top end. By mid-2021 most demands were in the millions, with a significant number over $20 million.
UK government set for leading role in insuring live entertainment
After months of closure or pared back performances with reduced audiences to allow social distancing, planning ahead to revive the sector is all but impossible without events cancellation insurance, theatre and music directors say. That makes government intervention crucial if the commercial sector will not pay.
Elon Musk’s Starlink to provide internet nearly worldwide within weeks
Highly transmissible Covid Delta variant detected in 96 countries, says WHO
Furthermore, a recent study conducted in Scotland and published in the international medical journal Lancet found that the hospitalization rate for patients infected with the Delta variant of COVID-19 was 85 per cent higher than for those infected with the Alpha variant.
“This particular Delta variant is faster, it is fitter, it will pick off the more vulnerable more efficiently than previous variants,” Michael Ryan, executive director of the WHO’s Health Emergencies Program, has commented recently.
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