BUSINESS RISK PROTECTION
10 Best Sunscreen stick for Sun Protection
A sunscreen stick is a convenient and portable way to protect your skin from harmful UV rays. Similar to traditional sunscreen lotions, sunscreen sticks contain SPF (sun protection factor) to shield the skin from both UVA and UVB rays. What sets sunscreen sticks apart is their solid, balm-like consistency, making them easy to apply directly to the skin without the mess associated with liquid or spray sunscreens. Sunscreen sticks are especially useful for targeted application to sensitive areas like the face, lips, and ears, offering precise coverage and protection on the go. With their compact size and mess-free application, sunscreen sticks are a must-have for outdoor activities and travel, ensuring that your skin stays safe from sun damage wherever you go.
Rise in cyber threats make companies go for unified security command
As the digital world expands, demand for cybersecurity leaders grows. Organizations recognize cyber risks can lead to financial losses, reputational damage, and threaten public safety. This surge drives demand for cyber insurance across sectors like finance, healthcare, and technology. Senior cybersecurity roles are crucial, requiring deep technical knowledge, business acumen, and skills in regulatory compliance.
BFSI captives hunt for leadership talent
Executive search firms ET spoke to said candidates from product organisations are tapped for technology hiring, and for non-technical roles, domain and functional expertise remain paramount. Compensation ranges at around Rs 1 crore for those with 18-25 years of experience. For CFO roles, packages could be in the range between Rs 2-4 crores.
8% GDP growth not sustainable yet; bond index inclusion may see short-term volatility: Abheek Barua
After the inclusion in the JP Morgan global bond index, in the short term. we need to prepare for volatility. But in the long term, the collateral and the second-round benefits are huge, says Abheek Barua. He expects this to lead to an improvement in the fixed-income ecosystem, which unfortunately has not taken off that well
Being bullish & being cautious are not antonyms: 4 largecap stocks from different sectors with upside potential of up to 41%
There are a number of times when one hears on the street, that indices and stocks have gone so high, how much higher it can go, so forget it. Essentially the underlying feeling is that just because the nifty and sensex has moved up now it will not move so let's not invest. That is probably the worst mistake one makes because at every level, this narrative comes. When nifty was 20,000 this argument could have been made, now at 24,000 also this argument can be made and when nifty is much higher, the same argument will be made. One needs to look at the broader picture, there is no reason why one should not be bullish about India, but that does mean one should not be cautious in terms of selecting the stocks. so , continue to be bullish, also be cautious and invest in a manner that short term profit booking moves don't make you anxious.
Only 3% of India’s 62 million business owners have SME insurance: ICICI Lombard’s Anand Singhi
Our focus on end-to-end risk management for MSMEs through various tailored digital solutions makes us different, says Anand Singhi, Chief of Retail and Government Business at ICICI Lombard.
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NBFCs need to focus on compliance, risk and liquidity, says RBI executive director R Lakshmi Kanth Rao
Non-banking finance companies (NBFCs) were advised by RBI executive director R Lakshmi Kanth Rao to prioritize compliance, risk management, liquidity management, and customer protection. Rao emphasized the regulatory differences between banks and NBFCs, noting the need for NBFCs to enhance compliance systems and balance business with prudence.
‘G7 could decide to further de-risk its economies from China, which can benefit India'
"Moving these production facilities out of China would benefit Vietnam, Indonesia, Laos and Cambodia — but there would also be a huge opportunity for India in terms of attracting such investment."
RBI's proposed digital payments intelligence platform will mitigate frauds, say experts
The Reserve Bank's proposal to establish a digital payments intelligence platform aims to combat fraud and enhance consumer trust. A committee led by A P Hota will assess the creation of this platform, leveraging advanced technologies to mitigate payment fraud risks.
Money you paid for Gaza may be heading to Ghaziabad instead
Online scamsters are using the viral ‘All Eyes on Rafah’ campaign as an opportunity to dupe people who want to lend a helping hand or donate to victims of the war in Gaza. The most common scams related to Gaza include fake websites, fake cryptocurrency links, phishing emails, fake video links, and social media scams.
Build your superstructure
As generative AI continues to evolve, the debate over its development and release models becomes important. Across the foundation models driving the explosion of GenAI are two broad philosophies for the development and release of this tech: open- and closed-source models.
Anxious about 4th June poll results? Hedge your fears & leverage your optimism, doing it is not rocket science
Till a few weeks back, expectation of the street was very clear that policy continuity post 4th June. But then there was a bout of selling from foreign portfolio investors (FPI) and a narrative got created that they are selling due to polls. First logical question to counter this narrative would be to ask a counter question. Do they have some kind of insider information, the answer is surely no. Probably, just a few weeks back, after remaining in the dumps for years, the Chinese market came back into limelight, because of better than expected GDP numbers. So, there was a bit of movement of money. So, there is narrative and there is counter narrative. So rather than getting into a debate, there is a way to take care of both. The only thing is, a decision has to be made either today or Monday. Given the fact that there is a high level of noise on the street, more than anything else it is time to manage the risk of emotional decision making.
ETMarkets PMS Talk: We will see a strong build up for India as a single-country destination for FII flows: Tridib Pathak
India’s growth gap over the rest of the world is widening and India will be the fastest-growing major economy in the world over the next 5 years at least.
Indian AI firms may face extra costs as EU’s AI Act kicks in
The European Union wrapped up approval of the world's first law governing AI development last week. This legislation takes a tiered approach, setting varying compliance timelines and regulations based on the potential risk each AI system poses. Generally applicable AI will have a year to comply, while high-risk systems get up to three years.
Experts warn of heat risks as India's temperatures climb again
India is facing a severe heatwave, with temperatures in several cities exceeding 45 degrees Celsius. The city of New Delhi has seen temperatures rise into the high 40s Celsius, with power usage in the city reaching a record high. Experts warn that cities are more vulnerable to the compounding effects of urbanization and climate change, leading to a greater number of hotter days, prolonged dry spells, and less rainy days.
Top EU data regulator says tech giants working closely on AI compliance
Des Hogan, Data Protection Commissioner in Ireland, highlighted the broad powers of national regulators to enforce changes in AI products for data privacy compliance.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 39%
While it is always better to focus on what is happening to the individual stocks, there times it becomes “a must” before taking any decision. The reason, there is a possibility of greater divergence in how the broader market indices like Nifty and Sensex move and how the individual stocks and sector perform. A week before the election results, the way the market is panning out, it is clear that the street is working with the base case scenario of policy continuity. So, next we might see some sectors and stocks doing extremely well, while others may continue to be laggards. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
More PEs head to India armed with big money to bag deals
Growtheum Capital Partners, a private equity firm headquartered in Singapore, is scheduled to inaugurate its Mumbai office this July, joining the growing list of PE investors in India. At the same time, US-based private equity firm Platinum Equity is evaluating investment opportunities across various sectors such as healthcare, technology, and infrastructure as it prepares to enter the Indian market.
Govts, tech firms vow to cooperate against AI risks at Seoul summit
More than a dozen countries and some of the world's biggest tech firms pledged on Wednesday to cooperate against the potential dangers of artificial intelligence, including its ability to dodge human control, as they wrapped up a global summit in Seoul. These dangers also include an AI model that could potentially "evade human oversight, including through safeguard circumvention, manipulation and deception, or autonomous replication and adaptation", they added.
Strong balance sheet & long runaway of sectoral growth: 5 largecap stocks from different sectors with upside potential of up to 37%
When investing in any stocks, be it a large, small or medium cap there has to be one strong reason why one should invest in. It could be a strong balance sheet, strong brand, long runway of growth for the sector. Because if one of these are present in a company then the short term volatility in the market does not matter. They come and go and finally these stocks are able to deliver returns. Especially at a time when the index is forming a new high and sentiment all bullish, it is more important to stay cautious because however strong a bull run might be, it has phases of correction like the one we saw in March and as recently as last week. If one is staying with quality stocks, the probability of faster recovery when bulls are back is high. We look at 5 stocks from different places where either one or more of the three things are present.
Starting your own business? Take these financial precautions before quitting your job
He has worked for 25 years and has held senior management positions in large companies. He holds a large portfolio of assets, including real estate, equity, mutual funds and bonds. He is fairly confident that his business idea will scale up. His two children are currently pursuing their graduation.
FSSAI warns traders, food businesses against use of calcium carbide for artificial fruit ripening during mango season
FSSAI has urged the Food Safety Departments of States and Union Territories to be vigilant and take stringent action against those violating these regulations. The authority emphasised that using calcium carbide, a hazardous chemical, poses significant health risks and contravenes the Food Safety and Standards Act, 2006, along with its associated rules and regulations.
Focussed ‘underlying business’ approach of long-term investing: 5 non-Nifty largecap stocks with upside potential of up to 39%
Whether one accepts it or not, when someone uses the word large cap, first names which would come to mind would be nifty stocks. Because somehow the word large cap has become synonymous with nifty stocks. But the fact is that the world of large caps is much bigger and there are stocks which have been able to show strong out performance in troubled times of volatility, we take a look at them. When it comes to long term investing in the same industry, some players are able to show better performance in terms of growth. This could be because of belonging to a strong group, because the management had set the business in a way that it is able to take headwinds or the market size is so large that growth is bound to make and it comes with better margins to efficient players. We take a look at 5 stocks where the underlying business is strong and good to own business for the long term.
Lok Sabha elections: Fatal heat waves are testing India's ability to protect 1.4 billion people
Kolkata faces extreme heat and heat waves with inadequate measures to protect residents. Commuters seek refuge in a glass-walled bus shelter with malfunctioning air conditioners. Local authorities' plans to install cooled cabins have not been fully realized. Mayor Firhad Hakim expresses concerns about the city's lack of heat resilience efforts and high death toll.
India Inc hunts for new cyber warriors
Corporate India is actively seeking cybersecurity professionals amidst rising concerns over data breaches, evolving regulatory requirements, and the emergence of advanced artificial intelligence platforms. To address vulnerabilities in security controls and processes, companies are bolstering their cybersecurity teams across various domains.
Aditya Birla Finance, others may have invoked Paytm’s loan guarantees
Aditya Birla Finance invoked loan guarantees from Paytm due to defaults. Partnership stress with other lenders. Paytm's lending business faces challenges post central bank's ban. Changes in top management. Reduced consumer loan portfolio to less than 1%.
RBI action on Kotak Mahindra Bank: Is your data in other banks safe?
Kotak Mahindra Bank: The Reserve Bank of India (RBI) took action on Kotak Mahindra Bank due to observance of serious deficiencies and non-compliances in the areas of data security and data leak prevention strategy, business continuity and disaster recovery rigour and drill, etc. So did the bank violate Digital Personal Data Protection Act, 2023?
Cashfree launches risk management and fraud prevention tool RiskShield
Online merchant-focused Cashfree said this product will enable users to block transactions from specific mobile numbers, email addresses, IP addresses, Card BIN, UPI handles, and card numbers. This will ensure better risk management and fraud compliance.
Companies now know climate risks mean financial risks — industrial sectors need swift decarbonisation, says Columbia Business School's Gernot Wagner
The research focuses on climate risk, policy, technology, and the social cost of carbon. It highlights the concept of a 'green moral hazard' and the challenges of pricing climate uncertainty. Reinsurance companies play a crucial role in managing climate risk. The concept of 'climateflation' and its impact on various industries is discussed. Decarbonization of the steel sector is also explored.
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