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Indian
SBI asks field functionaries to desist from mis-selling of insurance products
The bank asked the field functionaries to ensure that the branches...
Domestic passenger vehicles sales rise 23 pc to record of 37.93 lakh units in 2022
''The industry wholesales in January to December 2022 were just...
Year-ender 2022: Despite vaccine strides, India not out of Covid-19 shadow yet
"Currently, there are 10 different variants of Covid-19 in the...
Govt plans to increase number of Janaushadhi Kendras to 10,000 by March 2024
Medicines which are priced 50 per cent to 90 per cent less than...
International
Emerging risks set to shape a post-COVID-19 world:Swiss Re
COVID-19 to worsen income inequality; growth in the global middle class slowed and poverty levels rose in 2020
• Government support programmes have kept alive unviable zombie companies, leading to increased credit and financial market risks
• Electric vehicles and other decarbonised means of transport can
cut up to 24% of current C02 emissions from fuel combustion
Global media websites, including NYT, FT, CNN face outage
Dozens of high-traffic websites including the New York Times, CNN, Twitch and the UK government’s home page were down. Agencies could not immediately confirm the issue affecting the sites.
San Francisco-based Fastly acknowledged a problem just before 1000 GMT. It said in repeated updates on its website that it was “continuing to investigate the issue.”
Global insurance industry faces IFRS 17 costs estimated at $15 to $20 bn:Willis Towers Watson
Kamran Foroughi, Global IFRS 17 Advisory Leader at Willis Towers Watson, said: “This is an extraordinary figure that will naturally lead to many questions from Boards and investors.
“For many, significant improvements will also be required in business processes and finance operations to deliver IFRS 17 efficiently and link with other metrics. With smart investment and the right people, an insurer’s IFRS 17 programme has the potential to help deliver long-term annual savings to show against the daunting up-front costs.”
Global crackdown on organised crime after high-tech U.S.-Australia sting
The operation, which was conceived by Australian police and the FBI in 2018, saw officials in the United States take control of the ANOM messaging app, which is popular with organised crime networks.
When an Australian underworld figure began distributing customised phones containing the app to his associates as a secure means to communicate, police could monitor their messages. The gangs believed the system was secure because the phones did not have any other capabilities – no voice or camera functions were loaded – and the app was encrypted.
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