Indian
Curious case of IRDAI allowing Share Premium as equity capital for ITI Re
"By no stretch of imagination that the share premium amount be...
Niva Bupa aims to achieve Rs 5,000 cr GWP; to expand footprint by FY23-24
Niva Bupa has presence in 350 cities across the country which would...
Sebi issues framework on fees for investment advisory services for accredited investors
In case of large value accredited investors, the quantum and manner...
India’s cybersecurity services and product industry revenue at USD 9.85 bn in 2021: Report
“India's cybersecurity industry was at the forefront supporting...
International
Australia to spend nearly $1 billion to boost cyber security
The announcement comes just weeks after Australia said a “sophisticated state-based actor” has been attacking all levels of the government, political bodies, essential service providers and operators of critical infrastructure.Although Australia has declined to say who it believed was responsible for the attacks, three sources briefed on the matter told Reuters the country believed China was responsible, a suggestion swiftly dismissed by Beijing.
Car crashes deadlier as drivers speed during lockdowns:Study
-Police in New York said they were aware of the increased speeds and had deployed additional patrols. Data from traffic analytics company INRIX shows speeds in New York City increased 44% from 28 miles (45 km) per hour in April last year to 41 miles (66 km) per hour this April.
– Speeding offenses increased 187% in London during the lockdown compared to the same period a year ago, Cox said, but extreme speeding offenses increased even more — by 236%.
– Despite the overall drop in collisions and fatalities, the fatality rate among crashes was 70% higher in France.
Brazil political risk looms large again over markets
“Markets are starting to look at the politics again,” said Alexandre Song, partner at Macro Capital, a hedge fund in Sao Paulo.
“The price action hasn’t been too dramatic so far, but it is deteriorating. It feels like markets are partying next to a live volcano, and there’s smoke coming out,” he said.
Pakistan’s national airline moves to assuage concern over pilots’ licences
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