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Govt plans Rs 12,000-levy on petrol, diesel cars to spur EV demand: Report

by AIP Online Bureau | Dec 19, 2018 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Regulation, Reinsurance, Risk Management

  New Delhi: The Indian government has drafted a plan to levy a fee of Rs 12,000 ($171.09) on new petrol and diesel cars in an attempt to boost the manufacturing of electric vehicles (EV) and battery-driven automobiles, the Times of India reported on Wednesday....

Global insured losses of $79 billion in 2018, 4th highest

by AIP Online Bureau | Dec 19, 2018 | Disaster & Management, Eco/Invest/Demography, International News

  Zurich:  According to preliminary sigma estimates, total economic losses from natural and man-made catastrophes in 2018 declined to USD 155 billion from USD 350 billion in 2017. Global insured losses are estimated to be around USD 79...

Cabinet moves to get legal backing, allow Aadhaar for phone numbers, banks

by AIP Online Bureau | Dec 17, 2018 | Indian News, Policy

  New Delhi: The Cabinet on Monday approved amending two laws to get legal backing for seeding Aadhaar information with mobile numbers and bank accounts, sources said.   The Cabinet approved amendments to the Telegraph Act and the Prevention of Money...

Your digital life may be up for sale for just Rs 3,500: Kaspersky Lab

by AIP Online Bureau | Dec 17, 2018 | Indian News, Risk Management

  NEW DELHI: Your personal data may be up for sale on Dark Web for as low as Rs 3,500 that includes stolen social media accounts, banking details and credit card information from sites like Uber as well as gaming and porn websites, a new research has...

Over 4,000 AI job roles vacant on talent shortage: Report

by AIP Online Bureau | Dec 17, 2018 | Technology

  Shortage of qualified talent in the country has left over 4,000 mid and senior-level job positions vacant in the artificial intelligence (AI) sector, a study said Monday.   Also, around 57 per cent of firms hiring for AI roles are looking for candidates...
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