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Cabinet clears auto PLI scheme for EVs, hydrogen fuel cell vehicles

by AIP Online Bureau | Sep 15, 2021 | Eco/Invest/Demography, Indian News, Policy, Technology

  New Delhi, Sept 15: India's cabinet on Wednesday approved an incentive scheme for the automobile sector aimed at boosting production of electric and hydrogen fuel-powered vehicles and promoting the manufacture of drones. The government will give about Rs...

Axis Bank gives approval to reclassify Oriental Insurance Co as public category shareholder

by AIP Online Bureau | Sep 15, 2021 | Banking & Bancassurance, Indian News, Non-Life, Regulation

  New Delhi: Axis Bank on Wednesday said its board of directors has approved to reclassify The Oriental Insurance Company Ltd (OICL) from promoter category to public category shareholder. The bank said it received a request from OICL dated September 7, 2021,...

Most agricultural funding distorts prices, harms environment: UN report

by AIP Online Bureau | Sep 15, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

UN: Around 87% of the $540 billion in total annual government support given worldwide to agricultural producers includes measures that are price distorting and that can be harmful to nature and health. That is the main finding of a new UN report calling for...

India reported 11.8% rise in cyber crime in 2020; 578 incidents of ‘fake news on social media’: NCRB Data

by AIP Online Bureau | Sep 15, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Risk Management, Technology

  New Delhi: India recorded 50,035 cases of cyber crime in 2020, with a 11.8 per cent surge in such offences over the previous year, as 578 incidents of "fake news on social media" were also reported, official data showed on Wednesday. The rate of cyber...

India top source of social media misinformation on COVID-19: Study

by AIP Online Bureau | Sep 15, 2021 | Facts, Health, Pandemic, Risk Management, Technology

  New Delhi, Sept 15: India produced the largest amount of social media misinformation on COVID-19 due to the country's higher internet penetration rate, increasing social media consumption and users' lack of internet literacy, according to a new study....
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