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Death toll from strong earthquakes that shook western Afghanistan rises to over 2,000

Death toll from strong earthquakes that shook western Afghanistan rises to over 2,000

by AIP Online Bureau | Oct 8, 2023 | Disaster & Management, Eco/Invest/Demography, Health, International News

The United States Geological Survey said the quake’s epicenter was about 40 kilometers (25 miles) northwest of Herat city. It was followed by three very strong aftershocks, measuring magnitude 6.3, 5.9 and 5.5, as well as lesser shocks Islamabad: Death toll from...
ISRO fights over 100 cyber-attacks every day: S Somanath

ISRO fights over 100 cyber-attacks every day: S Somanath

by AIP Online Bureau | Oct 8, 2023 | Indian News, Risk Management, Technology

“We can face the challenges posed by cyber criminals using technology like artificial intelligence with the same technology. There should be research and hard work towards this end,” S Somanath, chairman, Indian Space Research Organisation (ISRO) said...

GST authority issues Rs 922 cr show cause notices to Reliance General Insurance

by AIP Online Bureau | Oct 8, 2023 | Indian News, Non-Life, Policy, Regulation, Reinsurance

The GST department is of the opinion that there is no provision in the GST Act where one registered person can collect and disburse tax on behalf of another, regardless of any co-insurance arrangement On re-insurance commission, the GST authority said that it forms...

Earthquake-predicting tool driven by AI shows 70 per cent accuracy, new research reveals

by AIP Online Bureau | Oct 7, 2023 | Disaster & Management, Facts, Risk Management, Technology

“It’s a matter of milliseconds, and the only thing you can control is how prepared you are. Even with 70 per cent, that’s a huge result and could help minimise economic and human losses and has the potential to dramatically improve earthquake preparedness worldwide,”...

Norris Medicines recalls toxic cough syrup

by AIP Online Bureau | Oct 7, 2023 | Eco/Invest/Demography, Health, Indian News, Regulation

The drug regulator of Gujarat state, where Norris is based and has two factories near to each other, has shut all its production, citing violations of good manufacturing practices after an inspection last month, New Delhi: India’s Norris Medicines has recalled a...

Global job scam to cause $100 mn in losses for over 1,000 companies: Report

by AIP Online Bureau | Oct 7, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology

Nicknamed ‘Webwyrm’, hackers in the global-scale job scam have impersonated over 1,000 companies across 10 industries for a combo task scheme akin to the ‘Blue Whale Challenge’ (from a few years ago that caused a massive global impact), according to the team from...
“If previous government had constructed properly…” Sikkim Chief Minister on hydel dam destroyed in flash floods

“If previous government had constructed properly…” Sikkim Chief Minister on hydel dam destroyed in flash floods

by AIP Online Bureau | Oct 7, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Policy

The Lhonak glacier in the Sikkim Himalayas burst and started to overflow breaching one side of the lake on October 3 leading to the rise in the water levels in Teesta and inundate several areas of the state. The 1200 MW dam Teesta Stage III hydel power project in...

From Ukraine to Taiwan, satellite firms wrangle with geopolitics in space

by AIP Online Bureau | Oct 6, 2023 | International News, Risk Management, Technology

In March, Taiwan reported that two undersea cables to some of its outlying islands appeared to have been cut, although it stopped short of blaming Beijing. Taiwan media reported mounting interest in securing satellite internet connectivity immediately afterwards. Such...

Germany to Send Air Defenses for Kyiv to Guard Grain Routes

by AIP Online Bureau | Oct 6, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

While Kyiv has unilaterally created a temporary corridor for ships in the Black Sea, so far it’s mostly symbolic as mainstream shipping companies are wary of using it. Twelve ships have passed through it in recent weeks, but that’s very few compared with traffic via...
Aviva shares jump 8% as Times cites takeover talk

Aviva shares jump 8% as Times cites takeover talk

by AIP Online Bureau | Oct 6, 2023 | International News, Life, Non-Life

Names of potential bidders mentioned include Germany’s Allianz SE, Denmark’s Tryg AS, and Canada’s Intact Financial Corp, the Times said. LONDON: Shares in Aviva shot up almost 9% on Friday, after Britain’s Times newspaper cited talk of a possible takeover of...
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