DATA SECURITY COUNCIL OF INDIA

India bonds to stay hemmed in by oil, Treasury moves ahead of inflation data

Indian government bonds are anticipated to trade between softer oil prices and rising US yields. The market is waiting for domestic inflation data that could influence the Reserve Bank of India's rate strategy. A Reuters poll estimates an increase in annual consumer inflation, potentially leading to further tightening by the RBI. Investors are cautious ahead of a significant bond auction scheduled for Friday.

310 of India's 651 agricultural districts highly vulnerable to climate change, says PM's principal secretary PK Mishra

PK Mishra, principal secretary to the Prime Minister, said 310 of India's 651 agricultural districts are highly or very highly vulnerable to climate change, highlighting the need for region-specific adaptation measures.

India needs suitable evaluation matrix for awarding exploration and mining projects: NITI CEO

NITI Aayog CEO Anurag Jain underscored the development of an evaluation matrix for gold mining projects. The focus is on promoting technical competence and sustainable development of gold resources in India. Discussions revolved around improving geological data and regulatory approvals within the mining sector. The meeting also addressed the country's growing dependence on gold imports and limited exploration efforts.

Life insurers post 26 pc growth in new business premiums to Rs 42,914 crore in October

New business increased to Rs 42,914 crore in October this year, compared to Rs 34,007 crore in the corresponding month last year, according to data released by the Life Insurance Council.

German military to stop using Chinese-made drones, citing security concerns

Germany's military has decided to replace Chinese-made drones with European products due to security concerns. The decision aims to enhance the Bundeswehr's self-sufficiency and technological autonomy in military operations. Previous purchases of these drones were permitted under a strategy allowing specific country systems. Concerns relate to the potential risk of sensitive data transmission to China. This change aligns with similar restrictions by other nations on Chinese-made military equipment.

Equity MF inflows fall 14% MoM to Rs 32,993 crore in October; smallcap inflows slide 29%: AMFI

In October, equity mutual fund inflows fell by 14% month-on-month, reaching Rs 32,993 crore. Smallcap funds saw a notable decrease of 29%, while large and midcap funds experienced a substantial inflow. In contrast, debt funds received Rs 1.13 lakh crore after two months of outflows. Hybrid funds also turned positive, registering an inflow of Rs 3,514 crore. Open-ended mutual funds overall attracted Rs 1.73 lakh crore in the same month.

Positive Breakout: These 5 stocks rose above their 200 DMAs

Microsoft presses Trump to scuttle expected ban on Chinese data center technology: Report

Microsoft is lobbying against a proposed ban on Chinese optical transceivers essential for artificial intelligence data centers. The Trump administration's decision could significantly impact the speed of data center development in the US. Industry groups have expressed concerns about potential supply chain disruptions and competitive disadvantages. The Federal Communications Commission is currently deliberating on the implications of this ban.

Microsoft presses President Trump to scuttle expected ban on Chinese data centre technology

Reuters reported in August that the Trump administration wants to ban US imports of new models of Chinese optical transceivers, which allow data to travel over fiber-optic cables at the speed of light within data centers. The concern is that they could be used by Beijing to steal data, install malware or disrupt service at US data centers.

Indian organisations on edge as sites fail to Captcha AI intruders

Personal AI agents such as Instinct, Muse, Grokbot and OpenClaw have taken over the consumer internet in the US. But last month, major US banks, including JPMorgan Chase, Bank of America, Wells Fargo and Morgan Stanley, reportedly flagged AI agents such as Meta’s Muse accessing customer accounts using login credentials voluntarily shared by users laying bare the risks of handing AI agents the keys to consumers’ digital lives.

India bonds continue rally ahead of inflation data

Indian government bond yields extended their rally on Monday, with the benchmark 10-year yield falling nearly 4 basis points as easing crude oil prices and hopes of a US-Iran peace deal improved sentiment. Investors are now watching US and Indian inflation data for cues on the outlook for interest rates.

Gold's short-term volatility contrasts with long-term bullishness

Recently, gold prices have leveled out at approximately $4,000 an ounce after experiencing notable volatility throughout the year. This stabilization has attracted increased investor interest, spurred by central bank acquisitions amid economic unpredictability. Moreover, demand for gold jewelry has seen a significant uptick in regions like India and China, thanks to decreased prices.

Anthropic strikes $3.4bn deal to generate gas-fired power for data centres: Report

The AI startup bought commitments for 1.7 gigawatts of heavy-duty generators for $3.4 billion in late September from OnePWR Solutions, a San Antonio, Texas-based equipment supplier, the report said.

Equinix seeking land for India data centres: CEO

The world’s largest data centre operator by footprint, valued at nearly $100 billion, has invested $365 million in India and sees significant opportunities in AI inference, the process of using trained models to generate responses and run business applications. Such workloads require proximity to enterprise data, users and networks.

India-born Nithya Raman widens lead over Republican rival in LA mayoral race

Nithya Raman is increasing her lead over Mayor Karen Bass in the Los Angeles mayoral election. Raman has obtained 51.7 percent of the votes counted so far, while Bass has 48.3 percent. As a member of the City Council, Raman represents District 4 and has a strong educational background. She may become the first South Asian mayor in Los Angeles, joining other Indian-American political candidates.

Who is Keisha Lance Bottoms? Democrat makes history by becoming the first Black woman to be elected as Governor in the US, wins Georgia

Keisha Lance Bottoms has achieved a historic milestone by being elected the first Black woman governor of Georgia with 54.77% of the vote, defeating Republican opponent Rick Jackson. A former mayor of Atlanta and presidential advisor, Bottoms's win represents a pivotal transition from over twenty years of Republican rule. Her commitment to LGBTQ rights and opposition to ICE policies underscores her progressive values and vision for the state.

George and Amal Clooney planned 18 security cameras at their £10 million English home; why did neighbours object and what happened next?

Eye and Dunsden parish council raised objections to the proposal. Their concern was that the cameras' could potentially capture neighbouring properties. They thought it would violate residents' privacy. They also said that the tall polls would be visually intrusive in the village's conservation area. They suggested an alternative security arrangement.

India’s cooling systems face Europe-style cyber risks, say experts

The concerns follow cyberattacks on supermarket refrigeration systems across Europe, with stores in Sweden, Belgium, Estonia, the Netherlands, Finland and Luxembourg reporting disruptions. Attackers reportedly manipulated refrigeration controls, raising freezer temperatures and switching equipment into defrost mode, forcing stores to discard food stocks. The incidents follow similar attacks on hundreds of supermarkets in France in October.

Gold smuggling jumps to 50 tonnes as 15% import duty widens gap for unofficial supply

Gold smuggling in India is estimated to have surged to 50 tonnes in the September quarter from three tonnes a year earlier after import duty rose to 15% from 6%, according to the World Gold Council. Meanwhile, demand remained 29% lower year-on-year as record-high prices weighed on purchases.

From SBI to Binance, how financial institutions are becoming cyberattack targets

Recent incidents involving cryptocurrency exchange Binance and Indian public sector lender State Bank of India (SBI) have once again put the spotlight on the issue. While Binance reported a security breach involving unauthorised cryptocurrency withdrawals estimated at around $6.3 billion, SBI is investigating a suspected data leak involving nearly 3,900 customer records.

Consent managers search for viable revenue model as registration nears

Consent managers are intended to help individuals manage, review and withdraw consent for the processing of their personal data, and they're required to be registered with the Data Protection Board of India (DPBI). A consent manager is data-blind, and processes metadata, consent artifacts, and cryptographic routing instructions.

Fintechs fortify cyber defences; Logistics cos in the speed lane

Happy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. This and more in today’s ETtech Morning Dispatch.

Accountability tames AI autonomy as DSCI outlines its liability framework

In the framework titled AI Liability: Industry Guidance for Agentic AI, DSCI said assigning liability solely to the organisation deploying an AI system or to an upstream technology provider would be legally flawed. Agentic AI systems involve multiple layers of models, instructions, integrations, tool calls and human decisions, making it difficult to isolate where responsibility lies when something goes wrong.