A significant ransomware attack on Wednesday has severely impacted nearly 300 Indian banks, primarily affecting rural and cooperative institutions. This cyberattacks targeted C-Edge Technologies, a crucial provider of banking solutions for these smaller entities, causing widespread disruptions in payment services. Details of the Cyberattack The ransomware assault has led to substantial issues with ATM and Unified Payments Interface (UPI) services. C-Edge Technologies, which supports the banking operations of numerous smaller banks, became the focal point of the attack. As a result, the National Payment Corporation of India (NPCI) took immediate…
Day: August 2, 2024
Wayanad Landslide Tragedy: Death Toll Climbs to 264, 200 Still Missing as Rescue Efforts Continue
A day after landslides struck two villages in Kerala’s Wayanad district, the death toll rose significantly, highlighting the severity of this natural disaster. Rising Death Toll and IMD Warning As of Wednesday, the death toll from the landslides in Wayanad reached at least 167, with officials warning that this number could rise further. The India Meteorological Department (IMD) has predicted ‘heavy to very heavy rainfall’ at isolated places, maintaining the warning for August 1 and forecasting ‘heavy’ showers for the following day. “Strong surface winds with speeds reaching 30-40 gusting…
Nifty Crosses 25,000 for First Time, Sensex Hits Record High
Indian stock markets soared to new heights today, with the Nifty and Sensex both reaching record levels. Record Opening The Nifty opened at 25,030.95, gaining 92.15 points or 0.37% from the previous close. The BSE Sensex also surged, starting at 81,949.68 points and quickly rising to 82,082, marking a gain of 208.34 points or 0.25%. Factors Driving the Surge Experts attribute this market buoyancy to favorable global trends and signals of a potential rate cut by Federal Reserve Chair Jerome Powell. “The Fed chief signaling a possible rate cut in…
Russia-Ukraine Conflict Spills into Africa: 50 Russian Mercenaries Killed
The enmity between Ukraine and Russia has spilled beyond Europe’s borders Information from Ukraine led to the death of 50 Russian mercenaries in Mali A rebel Malian commander said Russian hostages would be given to Ukraine The Battle in Northern Mali Rebel fighters in Northern Mali have killed 50 Russian mercenaries in a battle, marking a significant escalation in the Russia-Ukraine conflict that has now crossed into Africa. A video showing the aftermath of the battle, including a man begging for his life amidst fallen Russians, highlights the brutality of…
Torrential Rains Paralyze Delhi-NCR
Heavy rains wreaked havoc in Delhi-NCR yesterday, resulting in multiple fatalities, school closures, and severe disruptions across the region. Record Rainfall and Red Alert Delhi experienced an unprecedented downpour, leading the India Meteorological Department (IMD) to issue a red alert. Parts of the city recorded the highest rainfall in recent years, causing widespread waterlogging and flooding. The IMD advised residents to stay indoors, secure their homes, and avoid unnecessary travel due to the potential hazards posed by the heavy rain. School Closures Announced In response to the extreme weather, Delhi…