PROACTIVE MEASURES
What measures can be taken to avoid situations like that of Quant Mutual Fund?
Recent investigations by Sebi have uncovered unethical front-running practices in the mutual fund industry, highlighting the need for enhanced regulations and oversight. The use of new benchmarks and technologies to monitor trading activities is being emphasized to prevent market abuse. Suggestions include implementing a robust rating system for funds, imposing significant penalties, and educating investors on recognizing unethical behavior. Stakeholders are called upon to remain vigilant and proactive in addressing these challenges to maintain the sector's credibility.
Cholesterol test at age 18, Non-fasting measurement: Cardiologists Suggest New Guidelines on how to prevent heart attacks
The Cardiologist Society of India (CSI) now recommends lipid profiles starting at age 18, with non-fasting measurements as the new norm. These guidelines address India's high dyslipidemia rates and unique lipid profile, emphasizing early detection and lifestyle changes. High-risk patients should aim for aggressive LDL-C targets. These measures aim to reduce cardiovascular diseases in India.
Zika virus spreads in Pune: Here's how the virus infects, risks, symptoms, and prevention
Zika Virus (Google Trends): Pune faces a rising Zika virus threat with several recent cases, including two pregnant women. Health authorities are intensifying surveillance and mosquito control efforts. Zika, transmitted by Aedes mosquitoes, poses significant risks during pregnancy, potentially leading to severe birth defects. While symptoms are usually mild, caution is advised, especially for expectant mothers. Here’s a comprehensive overview of Zika virus infection, its symptoms, impact on pregnancy, and preventive measures.
Union Budget 2024 measures can upgrade India's supply chain in its bid to match up with China
BUDGET EXPECTATION: Finance Minister Nirmala Sitharaman, through Budget 2024, may introduce measures to strengthen India’s supply chain and manufacturing sector. This aligns with India’s strategic pivot to become a global manufacturing alternative to China. Under Prime Minister Modi's leadership, India has gained traction with infrastructure and logistics improvements, drawing multinational interest.
Proactive measures against cyber vulnerabilities are vital: Here’s how companies can get started
CEOs and CTOs should prioritize autonomous patching plans to enhance security. Collaboration between security and IT is crucial for effective patching. Analyzing results and ensuring vulnerability compliance are essential. Autonomous patching boosts risk management and operational efficiency, reducing costs and maintaining compliance in a dynamic cybersecurity landscape.
Proactive measures initiated after Delhi airport canopy collapse incident, says Aviation minister Ram Mohan Naidu
Following the canopy collapse at Delhi Airport's Terminal 1, Civil Aviation Minister Ram Mohan Naidu announced immediate measures. A war room was established to ensure refunds or alternate flights for affected passengers within seven days. The Minister expressed condolences for the loss of life and emphasized safety measures, including inspections by IIT Delhi engineers. Flight operations have shifted to Terminals 2 and 3, with advisories issued to airlines to maintain fare stability. Long-term safety policies are under review.
TRAI calls upon MIB to establish credible measurement system for TV, radio, OTT
The Telecom Regulatory Authority of India (TRAI) has recommended establishing a transparent audience measurement system for television, radio, and OTT services to the Ministry of Information and Broadcasting. It suggests revamping the existing system, expanding sample sizes, encouraging multiple rating agencies, and utilising advanced technologies. TRAI also proposes granting infrastructure status to the broadcasting sector to boost investment, streamlining processes, measuring broadcasting's impact on GDP, implementing a policy for the AVGC sector, and expanding TV reach through broadband infrastructure and subsidised schemes for underserved populations.
Be prepared to beat the heat: Health ministry to states
The government urged all states and union territories to promptly implement heat health action plans to safeguard people from intensifying heatwaves. In a meeting chaired by Dr. Atul Goel of the health ministry, directives included assessing healthcare facilities, creating heatstroke rooms, and disseminating heatwave forecasts. Additionally, measures for fire prevention and staff training were emphasized.
Kerala: Heavy rain predicted for next 24 hours, IMD issues orange alert for several districts
Kerala grapples with relentless downpours, with some areas witnessing over 200 mm of rain within 24 hours. Kochi and Thrissur face inundation. The India Meteorological Department (IMD) issues an Orange alert for Pathanamthitta, Kottayam, and Idukki. A low-pressure area in the Arabian Sea heightens rainfall, while another system in the Bay of Bengal threatens to intensify into a cyclonic storm. Preparedness efforts are underway as casualties and damage rise.
World Hypertension Day: Identifying risks, monitoring high BP, and adopting preventive measures to address this silent killer
To address the ticking bomb called hypertension, commonly referred to as high blood pressure, The Economic Times, in collaboration with USV, brings a special World Hypertension Day episode titled ‘The Brain, The Heart, and The Kidney: The Trifecta of Hypertension’, featuring a panel of esteemed experts, Dr. Ajit Mehta, Dr Soumik Chaudhuri, and Dr. Basavaraj G S. This significant discussion aimed to address the critical connection between hypertension and our vital organs. Here are the highlights.
Need proactive risk mitigation measures to tackle cyberattacks: RBI DG
RBI deputy governor Swaminathan J emphasized proactive risk mitigation strategies in the face of cyberattacks and emerging banking risks, addressing challenges in regulations, corporate governance, and assurance functions to ensure bank safety and stakeholder trust.
Pak: Restrictions imposed on movement of Chinese nationals sans armoured vehicles
Deputy Inspector General of Police in Hazara range, Tahir Ayub Khan, stated, "As we're adopting all possible measures for the safety of Chinese nationals, they shouldn't travel in the province without armoured vehicles in line with the government's directions.
NPS: How PFRDA plans to make National Pension System investments safer for government employees
National Pension System : The Pension Fund Regulatory and Development Authority (PFRDA) has released an advisory about how NPS investments by government sector employees could be made safer by following certain advisories. These advisories relate to the entire NPS investment process starting from the investment stage to maintenance stage to withdrawal stage.
RBI Policy Rate: No tango with repo, yet RBI moves ease rates
The Reserve Bank of India (RBI) has indirectly eased policy rates through consistent liquidity injections, leading to a decline in the weighted average call rate (WACR) towards the benchmark repo rate. This trend reflects increased confidence in liquidity management strategies, supported by government spending and proactive RBI operations. Analysts suggest a shift towards containing inflation while maintaining stable borrowing costs.
Centre to take all measures to contain food prices: Piyush Goyal
Goyal, who is heading the food and consumer affairs ministry, asserted that the Modi government would continue to take measures to ensure that there is no stress on the household budget of "our Nari-Shakti". He highlighted that the government has spent in the last few years about Rs 28,000 crore to the price stabilisation fund to support the effort to fight against food inflation.
'Drivers were watching cricket match': Railway minister on what caused last year's Andhra accident
Railway Minister Ashwini Vaishnaw highlighted the distraction caused by a cricket match on the driver's phone as a key factor in the Andhra Pradesh train collision that claimed 14 lives. The incident underscores the critical need for vigilance and adherence to safety regulations in railway operations. Indian Railways is taking steps to enhance safety and prevent similar accidents in the future.
Liquidity measures widen market-repo rate disconnect
The Reserve Bank of India aims to align market rates with the repo rate, but liquidity conditions have caused a disconnect. The weighted average call rate (WACR) has rarely been within 10 basis points of the repo rate. Liquidity conditions also impact government treasury bills and external loan benchmarks.
Poonam Pandey's death at 32 shines spotlight on cervical cancer: Vaccination and preventive measures
Bollywood actress and social media sensation Poonam Pandey allegedly succumbed to cervical cancer at the age of 32. The news prompted a closer look at the silent threat of cervical cancer, a disease that often shows no early symptoms.
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