Indian
I-T dept cracks down on Bajaj Allianz, ICICI Prudential amid wider probe on GST scam- sources
Tax authorities estimate that 16 insurance companies in all owe the...
Indian regulator plans to allow mutual funds with performance-based fees
According to the plan, the base fees currently charged for mutual...
Lenders of Reliance Capital to meet on Monday to consider bidders’ concerns
Both the bidders Torrent Investment and IndusInd International...
Joshimath still to see enough long-term measures to address land subsidence, say experts
An environment expert, requesting anonymity, said satellite data...
International
Hottest record temperature hits Italy
Retail sector top target for ransomware attack in 2020: Report
“The retail sector has always been an attractive target for cyberattacks, with its complex, distributed IT environments, including a multitude of connected point-of-sale devices, a relatively transient and non-technical workforce, and access to a wide range of personal and financial customer data,” said Chester Wisniewski, principal research scientist at Sophos, in a statement.
Worst Algeria wildfires in decades kill 65
While wildfires are a relatively regular occurrence in Algeria, this week’s were the country’s biggest and deadliest in several decades. President Abdelmadjid Tebboune announced three days of national mourning on Wednesday.French-language TSA Algerie, which visited Kabylie on Wednesday, said the wildfires left a trail of desolation all along the usually lush road linking Tizi Ouzou to Bouira. Several villages were abandoned.
Severe weather events drive global insured cat losses of $ 42 billion in first half of 2021, Swiss Re
Jérôme Jean Haegeli, Swiss Re’s Group Chief Economist, said: “Climate change is one of the biggest risks facing society and the global economy. The recent analysis from the UN’s Intergovernmental Panel on Climate Change confirms expectations of more extreme weather in the future and urgency to act to limit global warming. Working with the public sector, the re/insurance industry plays a key role in helping to strengthen communities’ resilience by steering development away from high-risk areas, making adaptation investments, maintaining insurability of assets and narrowing protection gaps.“
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