[wanabidii] News Digest: Banks rush to buy cyber security cover as digital payments rise

Sunday, February 12, 2017

Today's Headlines

Banks rush to buy cyber security cover as digital payments rise
As cyber threats are on the rise for banks for increasing cashless transactions and effects of demonetization, insurers see rise in demand for cyber insurance and cyber liability insurance, in particular.

'Indradhanush 2' on anvil for recapitalization of PSBs
Government plans to come out with 'Indradhanush 2.0', a comprehensive plan for recapitalisation of public sector lenders, with a view to make sure they remain solvent and fully comply with the global capital adequacy norms, Basel-III.

Sebi to amend norms governing stock exchanges
Capital market regulator Sebi on Saturday said the norms governing stock exchanges and other market infrastructure institutions would be reviewed and amended after a public consultation process. Sebi said the consultative paper seeking public comments on this matter would be released in due course.

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Environment

SC directs Centre to take steps to preserve over 2L wetlands
In a major direction to preserve ecologically crucial wetlands threatened by encroachment in many parts of the country, the Supreme Court directed the Centre on Wednesday to frame a policy to protect wetlands by June 30.

NGT pulls up states for not giving action plan on MSW
Most of the states today faced the ire of the National Green Tribunal for not complying with its order directing them to file detailed action plan to show how municipal solid waste (MSW) would be processed.

Giant panda Bao Bao to depart for China from Washington
Bao Bao was born on August 23, 2013 at the Washington zoo, and is nearing her fourth birthday. According to arrangements between China and the US, giant pandas born here must move back to China at around four years of age, Xinhua news agency reported.

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World

Greece evacuates 75,000 to defuse WW II bomb
A massive evacuation has begun in the northern Greek city of Thessaloniki so experts can defuse a 500-pound unexploded World War II bomb. An estimated 75,000 people are being evacuated in a nearly 2-kilometer radius.

Germany to elect new president; Steinmeier the favorite
A German parliamentary assembly will elect the country's new president on Sunday, and the country's former foreign minister, Frank-Walter Steinmeier, is the overwhelming favorite to win.

Swiss voters for streamlined citizenship for under-25s
Swiss voters are considering two issues that will affect immigrants and foreign companies in Switzerland, deciding whether to make it easier for "third-generation foreigners" to get Swiss citizenship and whether to lock in competitive low tax rates for businesses.

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Science

Gravitational wave detection will help probe evolution of Universe, yet require more sensitive detectors
A year after the breakthrough detection of Einstein’s gravitational waves in deep space through the Advanced Laser Interferometer Gravitational Wave Observatory (LIGO) experiment, Prof Archana Pai of Indian Institute of Science Education and Research (IISER) who served as part of a global team of scientists looks forward with the Indian government proposal to set up a LIGO detector in the country.

After Indian Navy rejection, DRDO says no hope lost on LCA
Weeks after the Indian Navy chief said the LCA-Navy was overweight and that it cannot be used by the force, Defence Research and Development Organisation (DRDO) has allayed fears of the project becoming redundant even as the navy has floated a request for information (RFI) to procure 56 carrier-borne aircraft in the last week of January.

First middle-weight black hole found hiding in dense star cluster

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Technology

Why Infosys' board is facing the fury of its founders
While the revenue per employee for Indian companies like Infosys and TCS stays at $50,000, their global counterparts like Microsoft report RPE at $600,000.

7 most-downloaded apps on iPhones and iPads across the world
Wonder which now are the hottest apps on Apple devices in India as well as across the world?

Here's why Microsoft CEO Satya Nadella thinks that the company needs to look like everyone
Microsoft has to "look like everyone and every organisation in the world" for it to accomplish its mission, the technology giant's Indian-born CEO Satya Nadella has said, asserting the importance of "diversity and inclusion" amid an environment of divisiveness.

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Education

Single entrance test for engineering, architecture seats from 2018
The Centre has approved the proposal for a single entrance exam for engineering and architecture at the undergraduate level from 2018, on the lines of the national eligibility and entrance test for medical colleges. But IITs will continue with their own common entrance tests.

Centre appoints directors for 10 IIMs

MLC moves privilege motion against agri secretary for not recognizing nomination to agri university
In an embarrassment to the Congress government, their own MLC Prathap Chandra Shetty moved a privilege motion against the agriculture secretary for not recognizing his nomination to the board of regents at the Shivamogga university for agriculture and horticulture despite his nomination being approved by the chairman of the house.

More Education News»

Mumbai

Red hearts and roses for couples getting married on Valentine's Day

Why 'Queen of the Blues' Shemekia won't read this preview
Shemekia Copeland wants someone to invite her to an Indian wedding. The kind that has over 1,200 guests and goes on for four days.

Rock legend joins a power trio to bring out 50 shades of blues
In wide-brimmed hat, tattoos, a faint swagger and a not-so-faint machismo, the musical power trio that goes by the name Supersonic Blues Machine also has a puckish sense of humour.

More Mumbai News»

Delhi

Centre asks AIIMS to review user charges
The finance ministry has asked AIIMS to undertake a review and revise its user charges which have not been revised since the last 20 years. The cost of many routine tests at AIIMS is Rs 10 or Rs 25.

Businessmen found at North Delhi shop with heads smashed
Two businessmen cousins were found murdered inside their godown-cum-shop in north Delhi's Mori Gate on Saturday, police said. They were found lying in a pool of blood with their heads smashed.

Buses and Wi-Fi ran into excuses, roadblocks: Manish Sisodia
Sisodia said they are not scared of CBI inquiries but officers are being harassed. They are being forced to name top people in the government.

More Delhi News»

Bangalore

Discovering Bengaluru through words
In Bengaluru's cafés, restaurants and bars, even on trains and flights headed towards this city, one largely hears and overhears conversations about startups and funding.

Lucknow students win hearts at fest
Students of Doon Valley School, Lucknow, hogged the limelight at the national Bala Janaagraha Civic Fest-2017 organized in Bengaluru on Saturday.

Counselling for fire accident victims
Beyond Carlton, an organization comprising families of the Carlton Towers tragedy victims, will offer free counselling to fire accident victims and their kin.

More Bangalore News»

Hyderabad

Vijayashanti blames governor for Tamil Nadu suspense
Actor-turned-politician Vijayashanti has found fault with Tamil Nadu governor Ch Vidyasagar Rao for the continuing suspense over the chief minister's post in Tamil Nadu.

Tirumala Gosala hit by zoonotic disease
Over A Dozen Cows Suffering From Infection

Fake medico held for conning cops
Police have arrested A Sreedhar, a biochemist from Boggulkunta in Abids.He had called up NLN Raju, an inspector with the Cyber Crime wing of Hyderabad police, and introduced himself as an officer at the CM Camp office.

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Chennai

Sasikala says her party will run Tamil Nadu for four years
Before heading to Koovathur to meet MLAs staying in a resort there, AIADMK interim general secretary V K Sasikala on Sunday reiterated that it will be her party -- under her leadership -- that will run Tamil Nadu for the next four and a half years.

Sasikala won't be able to form govt on her own if OPS gets 11 more MLAs
The number of AIADMK MPs joining chief minister O Panneerselvam group is increasing day-by-day. A total of 10 Lok Sabha and Rajya Sabha members have visited the chief minister at his residence here in the last few days.

Sasikala told us she doesn't have any political ambition, MLA staying in resort says
AIADMK general secretary V K Sasikala, who has been patiently waiting for an invitation from Tamil Nadu Governor Ch Vidyasagar Rao to her to form the government, told MLAs staying in a resort at Koovathur near Mahabalipuram that she did not have any political ambition, Gudiyattam MLA Jayanthi Padmanaban told TOI.

More Chennai News»

Ahmedabad

Ahmedabad remembers Siachen martyr Nilesh Soni
It was February 1987 and the Indian Army was fiercely fighting Pakistani soldiers at the world's highest battlefield - the Siachen glacier - and trying to retain its hold.

Surat hooch tragedy: Toxic homoeopathy drug in killer liquor
It was a double whammy of spurious homoeopathy medicine and spurious liquor that killed six people in the Surat-Katargam hooch tragedy, the second such incident in the state in six months

Seven months after Una flogging, Gujarat government to issue I-cards to skinners
Seven months after Una dalit brutalities shook the conscience of the nation, the Gujarat government is all set to issue identity cards to dalits involved in business of cow-skinning.

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Allahabad

14-day judicial custody for former Samajwadi Party MP Atiq Ahmad
Former MP of Samajwadi Party Atiq Ahmad has been arrested and sent to judicial custody for 14 days in Sam Higginbottom Institute of Agriculture, Technology and Sciences (SHIATS) attack case on Saturday.

Atiq Ahmad arrested, sent to judicial custody till 14 days

Schools sans power to see 'light' of the day

More Allahabad News»

Bhubaneswar

Cosmetics meant to be freebies seized
Who would have known that a corner of Balangir district would witness the realisations of an old philosophy: beauty is skin deep and cosmetics do not help.

Tickled by Odia food, award winning filmmaker wants to make a film on it
Award winning independent filmmaker Grace Lee expressed her interest in making a film on Odia food, known for its unique flavour and taste.

Parents oppose CBSE's decision to do away with international curriculum
Parents expressed displeasure and concern over the decision of Central Board of Secondary Education (CBSE) to scrap its international curriculum CBSE-I from the coming academic session.

More Bhubaneswar News»

Bhopal

Hailstorm brings back winter, it's cooler by 6 degrees
The city woke up to thundershowers, lightning and hailstorms on Saturday that pulled down the temperature and brought back the feel of winter.

Mumbai ATS detains SIMI suspect from Indore
Anti-Terrorist Squad (ATS) from Mumbai detained a suspected SIMI activist from Khajrana area of city late on Friday.

No one has a right to measure other's patriotism: Mohan Bhagwat
“No one has the right to measure another person’s patriotism– not even me,” said RSS chief Mohan Bhagwat in Bhopal on Saturday morning.

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Chandigarh

'Study is vital for Himalayan region'

Experts link climate change, permafrost

Permafrost thawing could lead to spurt in natural disasters

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