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Indian
Twitter seeks more time from government to comply with new IT rules
The rules also require significant social media intermediaries — providing services primarily in the nature of messaging — to enable identification of the “first originator” of the information that undermines the sovereignty of India, the security of the state, or public order.
Under the rules, significant social media intermediaries — those with over 50 lakh users — are required to appoint a grievance officer, a nodal officer and a chief compliance officer. These personnel have to be residents in India.
India may raise vaccine spending to $6 bln this fiscal year -government sources
New India Assurance Q4 net jumps 91 pc to Rs 241 cr, CR improves by 3.15 % to 113.28%
”FY21 was a challenging year. Apart from Covid-19 pandemic related issues at the beginning as well as towards the end of the year, the industry also witnessed a few catastrophe events as well. However, the company was able to put up a resilient performance. Indian business grew by 6.2 per cent versus industry growth of 5.2 per cent and increased its market share to 14.33 per cent,” Atul Sahai, chairman and managing director, NIA said.
20 killed in lightning strikes in Bengal
Prime Minister Narendra Modi condoled the deaths and approved an ex-gratia of Rs 2 lakh each for the next of kin of those killed and Rs 50,000 for the injured.
Rs. 50,000 would be given to the injured.” Union Home Minister Amit Shah also condoled the deaths due to lightning strikes and prayed for the speedy recovery of those who were injured.
International
J&J loses motion to overturn $4.7 billion talc-ovarian cancer verdict
Surendranath Sai, a regional drug officer in the southern state of Telangana, on Wednesday said he had instructed inspectors to seize samples there.
“On the basis of the news report, we are alerting staff to pick up samples. We will test them in a drug control lab here,” said Sai. “We will take action accordingly. Certainly we are worried because millions of babies may be affected.”
Cryptocurrency industry faces insurance hurdle to mainstream ambitions
Marriott Breach losses to be between $200 mn and $600 mn:AIR
“AIR’s new probabilistic security breach model shows that this type of event is not unprecedented, even though an event of this magnitude hasn’t previously happened to a hotel chain,” said Scott Stransky, assistant vice president and director of emerging risk modeling, AIR Worldwide.
“In fact, the largest recorded breach for a U.S.-based hotel chain prior to this event was less than 1/50 the size in terms of the number of records stolen. There are more than 300 simulated events in our model that cause higher losses for U.S.-based hotels.”
Facebook users need Rs 70,000 to deactivate account for one year
“Social media, and the internet more broadly, have changed the way we live and the way we keep in touch with friends and family, but it’s hard to find evidence that the internet has made us richer or more productive at work,” said Jay Corrigan, a professor at Kenyon College in the US.We know people must derive tremendous value from Facebook or they wouldn’t spend millions of hours on the site every day. The challenge is how to put a dollar value on a service people don’t pay for,” Corrigan said
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