Category

Uber to unveil next-generation Volvo self-driving car

International News       Jun 12, 2019

  Uber Technologies Inc on June 12 will unveil its newest Volvo self-driving car in Washington as it works to eventually deploy vehicles without drivers under some limited conditions.   Uber said the new production XC90 will be assembled by Volvo Cars in Sweden and have human...

Indian Millennials prefer buying larger Health Cover:Policybazaar

Articles       Jun 12, 2019

  A recent survey conducted by Policybazaar.com indicates that millennials between the age-group of 22-35 years in India have better assessment of their protection needs, when it comes to buying health covers which shields them adequately.    The survey reveals increasing number of millennials i.e. about 6...

Motorbike Taxi Firms to Offer E-payment, Insurance Services in West Africa

Articles       Jun 12, 2019

  Motorcycle taxi companies are expanding in West Africa with backing from investors betting that the meteoric rise of two-wheeled taxi firms in Asia can be replicated in some of the fastest growing countries in the world.   Four bike taxi firms are now battling it out...

UK’s Legal & General Partners with Amazon to Create Blockchain System for Pensions

International News       Jun 12, 2019

London: British insurer Legal & General has teamed up with Amazon to establish what it said is the first blockchain system for corporate pension deals.   The insurer said it would use a managed blockchain system launched by Amazon Web Services (AWS) to handle bulk annuities,...

Over Rs 2.05 lakh crore frauds in 11 years: ICICI Bank, SBI and HDFC among top victims

Indian News       Jun 12, 2019

New Delhi: Of over 50,000 frauds that hit banks in India in the last 11 fiscal years, the ICICI Bank, State Bank of India (SBI) and HDFC Bank reported highest number of cases, according to an RBI data.   Of the total 53,334 cases of frauds...

Financial services to add 47,800 new jobs in April-September FY20

Indian News       Jun 12, 2019

  The financial services sector is likely to add 47,800 new jobs in the first half of this financial year following increasing focus on lending by banks and NBFC's, according to a survey.   "Despite the setbacks seen in NBFCs, the financial services sector has shown a...

India slips 5 places to 141 on Global Peace Index 2019; Iceland again tops

International News       Jun 12, 2019

  NEW DELHI: India's rank has slipped five places to 141 among 163 countries on the Global Peace Index 2019, while Iceland remains the most peaceful country and Afghanistan the least peaceful nation, says a report.   Australian think tank Institute for Economics & Peace ranks countries...

Aadhaar Amendment Bill gets Cabinet nod, to be introduced in coming Parliament session

Indian News       Jun 12, 2019

  New Delhi: The Cabinet on Wednesday cleared a Bill to allow voluntary use of Aadhaar as identity proof for opening bank accounts and procuring mobile phone connections.   The Bill -- which will be in form of amendment to Aadhaar Act 2016 and will replace an...

Kohli only Indian among Forbes highest paid athletes, Messi tops the list

Facts       Jun 12, 2019

New Delhi: Star cricketer Virat Kohli remains the sole Indian in the Forbes list of world's highest-paid athletes with estimated annual earnings of $25 million. However, the Indian captain has dropped 17 spots to be 100th in the rankings. The list is headed by Barcelona...

Exams for company directors: Modi govt finds a way to stop corporate frauds

Indian News       Jun 12, 2019

Narendra Modi, who recently won a second term as India’s prime minister, is looking to overhaul the nation’s corporate governance system that allowed a string of frauds to mar his first stint in office. Independent directors on company boards will soon have to clear an...