Assurant Financial News

Imagine sending a secret message to someone. Traditionally, you might use a unique code or encryption to keep it safe from prying eyes. But can you guarantee that no one intercepts or tampers with your message, especially without being detected? That’s where quantum cryptography comes in.

Anthony Scaramucci, was once a agile staff in the Trump administration, but later went on to become a vocal critic of him. Scaramucci is of the opinion that Trump has already seen his defeat in this poll race and journey and it would be a tough 81 days for him, leading to the US Presidential Elections 2024.

Northeast Frontier Railway (NFR) is constantly making dedicated efforts to integrate modern technologies such as Artificial Intelligence and IOT-based devices into its operations, to improve both safety and passenger convenience. In one such significant move, an advanced Water Level Monitoring System on trains was inaugurated on Friday, August 16, in the Brahmaputra Mail Express train at Kamakhya Railway Station by the General Manager/NFR Chetan Kumar Shrivastava. This innovative system marks a major step forward in water management on long-distance trains, designed to ensure continuous and reliable water availability for passengers.

interim government, gave this assurance while addressing the third Voice of Global South Summit which was hosted by India in a virtual format. «You all are aware that Bangladesh witnessed a 'Second Revolution' on 5th August 2024, through a mass uprising spearheaded by our valiant students and joined by the masses,» the 84-year-old Nobel laureate said, referring to the political turmoil in his country, the resignation of prime minister Sheikh Hasina and her fleeing to India on August 5. Noting that the current interim government led by him was sworn in on August 8, Yunus said, «Our government is committed to ensuring a transition to inclusive and pluralistic democracy and creating an environment in which free, fair and participatory elections can be held.»

Uttar Pradesh’s Muzaffarnagar marked Independence day with a unique protest. Along with the Bharatiya Kisan Union (BKU) workers, the villagers spent 12 hours in the water of Hindon river to demand a bridge, reported TOI. The protest began on Thursday morning when the villagers held the national flag and entered the river to begin the indefinite strike. They highlighted the urgent of their demand by singing the national anthem in the water. “Villagers have been asking for a bridge over the Hindon River for years. The lack of one has caused significant hardship, particularly for farmers who need to cross the river to reach their fields. Despite previous protests and promises from the administratitration, the bridge is yet to be built," BKU Youth Wing President Vikas Sharma told TOI

Taiwan tracked 13 Chinese aircraft and seven Chinese vessels around its territory until 6 am on Saturday. According to Taiwan's Ministry of National Defence (MND), 12 of the aircraft crossed the median line and entered Taiwan's northern, south-western, and eastern air defence identification zone (ADIZ). It added that Taipei has monitored the situation and «responded accordingly.»

Karnataka Government, led by Chief Minister Siddaramaiah, conducted a strategic meeting on Friday with Young Liu, CEO and Chairman of Hon Hai Technology Group (Foxconn), to discuss strengthening the company's investment in Karnataka and exploring future expansion opportunities. The meeting stressed on Foxconn's ongoing and prospective projects that are expected to significantly boost the state's economic growth, job creation, and technological innovation. The meeting was attended by notable members of the Karnataka delegation, including Deputy Chief Minister D.K. Shivakumar, Minister for Large and Medium Industries and Infrastructure Development MB Patil, Minister for Information Technology and Biotechnology Priyank Kharge, Principal Secretary of the Department of Commerce and Industries Dr. Selvakumar S., and Commissioner for Industrial Development and Director of the Department of Commerce and Industries Gunjan Krishna. Foxconn will establish a major mobile phone assembly plant, known as Project Elephant, in Karnataka. The company has secured 300 acres of land in the ITIR Industrial Area, which spans Doddaballapura and Devanahalli Taluk in Bengaluru Rural District. With an investment of Rs 22,000 crore, this project is expected to generate over 40,000 jobs.

bank tightened norms for non-bank lenders operating as peer-to-peer (P2P) lending platforms, barring them from selling insurance products that are in the form of credit enhancement and prohibiting P2P platform from providing any assurance or guarantee on the recovery of loans. The Reserve Bank of India (RBI) also directed non-banking finance companies (NBFC) to charge a fixed fee, which should not be linked to the borrower's repayment. The regulator also reiterated that the platform cannot provide credit guarantee. The banking regulator's master direction issued on Friday comes into force with immediate effect. Crowdfunding through the P2P platform connects individual lenders with borrowers to facilitate unsecured loans. There are 26 NBFCs-P2P registered with the RBI as of March 31, 2024.

Narendra Modi on Friday spoke with Bangladesh government's interim head and Noble Peace laureate Muhammad Yunus and extended India's full support in restoration of peace in the neighbouring country. In a post on X, PM Modi said that Yunus has assured protection, safety and security of Hindus and all minorities in Bangladesh. After the fall of Sheikh Hasina’s government, who resigned and fled to India on August 5 amid massive protests over a controversial job quota system, reports have surfaced that Bangladesh experienced a surge in violence against the Hindu community.

Amit Goenka's petition challenging the Securities and Exchange Board of India's (Sebi) appointment of KPMG as a forensic auditor for Shirpur Gold Refinery Limited (SGRL) and its subsequent report on the firm. A division bench of Justice Rajesh Patil and AS Chandurkar stated that they are not inclined to entertain Goenka's plea due to an unjustifiable delay in challenging the Sebi communication dated September 13, 2021, and not challenging the subsequent interim order issued by the securities market regulator on April 25, 2023. On September 13, 2021, Sebi picked KPMG Assurance and Consulting Services as the forensic auditor for SGRL's financial accounts for the fiscal years 2018-2019 through 2020-2021.

Srinagar: Lieutenant Governor of Jammu and Kashmir, Manoj Sinha, on Thursday said that the Indian forces will not allow the neighbouring country to revive militancy in Jammu region as efforts have been intensified to crush militancy. Sinha hoisted the tricolor at Bakshi stadium in Srinagar and addressed the gathering. The administration also opened Balidan Stambh, a memorial dedicated to government forces personnel who died in the line of duty, at Partap Park in Srinagar. Sinha urged people in Jammu region that witnessed a spike in high casualty militant attacks and violence over the past two months, to stay united and help the forces to put an end to militancy in the region.

Indian Prime Minister Narendra Modi has expressed concern over the unrest that led to a change of government in neighboring Bangladesh and the attacks on Hindus and other minorities there

Saudi Crown Prince Mohammed bin Salman has expressed deep concerns about his personal safety in pursuing normalization with Israel as reported by Politico. During discussions with U.S. lawmakers, MBS reportedly conveyed that he fears for his life if he advances with the agreement without securing significant concessions for Palestinians.

Governor CV Ananda Bose visits the RG Kar Hospital campus following the rampage and vandalization by miscreants on August 15 at midnight mayhem. The Governor went to the emergency building which was vandalized last night yesterday. He visited the emergency departments, which are inoperative, and other departments. Bose also went to nursing stations and spoke to the nurses.The Governor also went to the chest medicine ward and the seminar hall where the PG students was raped and murdered. The seminar hall remains sealed and police have claimed that it was secured. Bose spoke to the protesting students about last night's incident.Machines at the ICU and HDU were also broken. The machines in the Emergency building have been uprooted, lights and fans shattered, medical equipment and medicines scattered across the floor amid shards of glass and beds and IV drips overturned.

Independence Day, highlighted that India is moving towards self-reliance by improving domestic manufacturing and has even started exporting to other countries. PM Modi emphasized that India has become self-reliant in mobile phone manufacturing and is now exporting to other countries. «There was a time when we imported mobile phones, but today we have built a mobile phone manufacturing ecosystem, and now we have started exporting mobile phones to the world,» said PM Modi. Regarding the defence sector, PM Modi stated that India is becoming self-reliant in defence manufacturing.

In a stock exchange notice today (14 August), the embattled trust said Mansit Housing CIC had agreed to surrender its leases on 68 properties, equating to around 4% of its portfolio by number of properties as at 31 July.  The trust said the majority of the properties are occupied by private rented sector tenants on Assured Shorthold Tenancies (ASTs), which will now transfer to Home REIT. Another Home REIT tenant enters into administration ahead of wind-up vote This will allow the trust to directly collect the underlying income from these properties, increasing rent collection and f...

Hindu family with no political affiliation in northwest Bangladesh, a media report said on Wednesday, in the latest incident of targeted attacks on the minority community after the fall of the Sheikh Hasina-led government. The incident in Farabari Mandirpara village in Akcha union under Thakurgaon Sadar upazila took place on Tuesday evening, hours after Chief Advisor to the interim government Yunus Muhammad assured the distressed minority community that his government would punish the perpetrators. The targeted arson incident also came on the same day when the Bangladesh National Hindu Grand Alliance claimed that the minority community faced attacks and threats in 278 locations across 48 districts since the fall of the Sheikh Hasina-led government on August 5 and termed it as an «assault on the Hindu religion.» Unidentified individuals set fire to Kaleshwar Barman's house around 7:30 pm on Tuesday in Farabari Mandirpara village in Akcha union under Thakurgaon Sadar upazila, Subrata Kumar Barman, chairman of Akcha Union Parishad (UP), told newspaper The Daily Star.

mutual funds (MFs) and foreign institutional investors (FIIs) were seen pulling out money from at least 13 PSU stocks in the June quarter. Interestingly, small retail investors ended up buying all of them. Q1 shareholding pattern reveals that MFs sold stakes in 28 PSU stocks and FIIs were bearish on 30 such counters. Altogether there were 13 'sarkari' stocks sold by both the big boys of Dalal Street.

Health Minister JP Nadda on Tuesday, Federation of Resident Doctors’ Association (FORDA) has called off its strike, which began to protest the recent rape and murder of a trainee doctor in Kolkata. FORDA's nationwide indefinite strike, which began on August 12, witnessed shutting down of outpatient departments (OPDs), operation theatres, and ward duties, while emergency services continued to operate as usual. The delegation led by the association's President Aviral Mathur, presented its reformulated demands and were assured support by Nadda.

The minority Hindu population has faced vandalisation of their business and properties and devastation of Hindu temples in the students' violence that ensued for days following the ouster of prime minister Hasina, who soon fled to India on August 5. The Alliance's press conference took place on the same day as Nobel laureate Muhammad Yunus, who took charge as Chief Advisor of the interim government on August 8, reached out to the distressed Hindu community members at the famous Dhakeshwari Temple here earlier in the day and urged the people to «exercise patience» before judging his government's role.

Election Commission has directed district election officers and superintendents of police in Haryana to act with complete impartiality and ensure a level playing field for free and fair assembly elections. Underscoring its focus on an inducement-free poll process, the commission directed the enforcement agencies to work in a coordinated manner to curb the inflow of illicit liquor, cash and drugs. The directions were issued by an Election Commission (EC) team led by Chief Election Commissioner Rajiv Kumar. The team is on a two-day visit of Haryana to review poll preparedness for assembly elections, likely to be held later this year.