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Ten Years After Lehman—Lessons Learned and Challenges Ahead

by AIP Online Bureau | Sep 5, 2018 | Articles, Risk Management

  The global financial crisis remains one of the defining events of our time. It will forever mark the generation that lived through it. The fallout from the crisis—the heavy economic costs borne by ordinary people combined with the anger at seeing banks...

Jan Dhan Yojana: Govt doubles overdraft limit to Rs 10,000

by AIP Online Bureau | Sep 5, 2018 | Indian News

  New Delhi: The government Wednesday decided to make the Pradhan Mantri Jan Dhan Yojana (PMJDY) an open-ended scheme and added more incentives to encourage people to open bank accounts. Briefing reporters about the cabinet decision, Finance Minister Arun Jaitley...

Life is ‘priceless’, cannot be quantified in monetary terms: Supreme Court

by AIP Online Bureau | Sep 5, 2018 | Indian News

  NEW DELHI: "Life is priceless" and no court can value it in monetary terms, the Supreme Court observed Wednesday while dealing with a matter related to compensation scheme for victims of sexual assault and acid attacks.  The observation by a...

Artificial Intelligence to impact jobs but no mass unemployment expected: UN labour expert

by AIP Online Bureau | Sep 5, 2018 | Facts, Technology

  Rise of frontier technologies like Artificial Intelligence has caused fears of robots taking over blue-collar jobs, but a UN expert says mass unemployment is not expected as humans still have the upper hand given their creative abilities.   Ekkehard Ernst,...

Will Govt pay for LIC losses on IDBI investment, asks Delhi HC

by AIP Online Bureau | Sep 5, 2018 | Indian News

  Mumbai: The Life Insurance Corporation (LIC) of India on Tuesday told the Delhi High Court that it wanted to acquire 51 per cent stake in the Industrial Development Bank of India (IDBI) as the state-run insurance company was toying with...
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