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FACTBOX-Harsh words, tough action: how companies have rebuffed Russia

by AIP Online Bureau | Mar 6, 2022 | Eco/Invest/Demography, International News, Policy

Russia has banned Western airlines from Russian space. Ford has discontinued operations, but its joint venture partner still has a factory in the country. Many other automakers, including France’s Renault and Japan’s Toyota Motor Corp, have described...
Could the Ukraine invasion spark a global financial crisis?

Could the Ukraine invasion spark a global financial crisis?

by AIP Online Bureau | Mar 6, 2022 | Eco/Invest/Demography, International News, Reinsurance, Risk Management

The threat to banks with over US$100 billion of Russian debt in foreign banks, this raises questions about the risks to banks outside Russia – and the potential for a default to kick off a 2008-style liquidity crisis, where banks panic about the state of other...
Awaiting govt, RBI guidelines on SWIFT transactions with Russian entities: PNB

Awaiting govt, RBI guidelines on SWIFT transactions with Russian entities: PNB

by AIP Online Bureau | Mar 6, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology

SBI is learnt to have issued a circular as it fears that any transaction with entities or sectors under sanction will invite sanctions on it as well. Russia is one of the biggest suppliers of defence products and equipment to India mostly under...

BBB launches programme for improving quality of PSU bank boards

by AIP Online Bureau | Mar 6, 2022 | Banking & Bancassurance, Indian News, Policy

It is expected that the program will help the directors think of the road ahead in the business and elevate themselves to be a source of wisdom and guidance for the management and stakeholders to raise the performance levels of Public Sector Banks in the global...

Latest diet trends can cost people more than their weight loss, says research

by AIP Online Bureau | Mar 6, 2022 | Eco/Invest/Demography, Facts, Health

“In Australia, around 12.5 million adults are overweight or obese. That’s two in every three adults, or 67 per cent of our adult population,” Assoc Prof Karen Murphy said. “Not surprisingly, interest in weight loss diets continues to rise, yet...
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