Indian
HDFC and HDFC Bank merger proposal gets nod from bourses
''The scheme remains subject to various statutory and regulatory...
DICGC to pay depositors of two co-operative banks in August
Eligible depositors of Shankarrao Pujari Nutan Sahakari Bank will...
Karnataka govt approves setting up of 438 ‘Namma Clinics’
''We have permitted the start of 438 U-HWCs called Namma Clinic in...
New ‘alarming’ sub-variant of Omicron in 10 Indian states: Israeli expert
In a series of Tweets, Dr. Shay Fleishon, with the Central Virology...
International
Cyber crime has cost Russia $49 billion in 2020, Sberbank says
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Stanislav Kuznetsov, Sberbank’s deputy chairman, who oversees security and services, told Reuters private business and ordinary Russians were the main targets of cyber attacks, as the state security services are better protected.
“The private sector is the most vulnerable: everything from the clients’ accounts to financial data and tender documents are targeted: there are 2.3 million darknet accounts operating in Russian and offering the stolen data,” he said.
Factbox-Brexit and the City of London: what changes and when
For now, no. London still has a towering lead over rivals Frankfurt, Milan and Paris when it comes to trading stocks, currencies and derivatives and playing host to asset managers.
Financial firms say shifting more capital out of London than is necessary under Brexit would cause unnecessary and costly market fragmentation.
But in the longer term, if the EU takes a tough line on equivalence and its financial centers reach a critical mass in trading key asset classes, the attractions of London as a financial hub would diminish.
Urgent action expected in South Africa as hospitals run out of beds, oxygen amid Covid-19 spike
Embattled doctors, nurses have pleaded with government for urgent action as they can no longer cope with the large number of patients arriving for Covid-19 treatment, with hospital administrators saying they have to make heart-breaking choices between younger people who are now being affected by the new strain and older ones with co-morbidities as priorities.
Dr Irene Boeddinghaus, an oncologist at Life Vincent Pallotti Hospital in Cape Town, told the weekly that patients were far sicker than in the first wave. ICU bed availability was dire and doctors and nurses were burnt out and sick with Covid, she said.
Covid-19 pandemic will not be the last: WHO chief
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