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Forgers are forcing $9-trillion global trade financing into digital age

by AIP Online Bureau | May 6, 2019 | Eco/Invest/Demography, International News, Risk Management, Technology

The $9 trillion business of financing global trade needs to go digital, according to southeast Asia’s second-biggest lender.   Forgers have become so adept at faking documents used by banks that going paperless has become a necessity for the industry, said...

Boeing did not disclose 737 MAX alert issue for more than a year, says FAA

by AIP Online Bureau | May 6, 2019 | International News, Risk Management

  Chicago | Washington:  Boeing Co did not tell US regulators for more than a year that it inadvertently made an alarm alerting pilots to a mismatch of flight data optional on the 737 MAX, instead of standard as on earlier 737s, but insisted on Sunday the...

41 feared dead after Russian passenger plane crash-lands in Moscow: Report

by AIP Online Bureau | May 5, 2019 | International News, Non-Life

Moscow: Forty-one people including at least two children are believed to have died when a Russian passenger plane made an emergency landing and was engulfed in flames at Moscow's busiest airport Sunday, investigators said.   Dramatic footage shared on social...

Income tax e-filers drop by 6.6 lakh in FY19

by AIP Online Bureau | May 5, 2019 | Eco/Invest/Demography, Indian News

Mumbai: In a first in the recent history of tax filings, income tax e-filings in FY2019 have dropped by more than 6.6 lakh, a trend that analysts said was surprising as tax base was expected to increase post demonetisation.   According to statistics put out on...

From its formation to landfall, how IMD tracked cyclone ‘Fani’

by AIP Online Bureau | May 5, 2019 | Disaster & Management, Indian News, Technology

  New Delhi: Thirteen days before cyclone 'Fani' hit the Odisha coast, the IMD had an indication that the low pressure in the Bay of Bengal and the Equatorial Indian Ocean could balloon into a massive storm and started preparing for the onslaught, the...
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