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Subsidy for EVs only for commercial vehicles, not personal usage:Govt

by AIP Online Bureau | Jul 19, 2019 | Eco/Invest/Demography, Indian News

  New Delhi: The government Friday asserted that subsidies for the promotion of electric mobility in India will be only for commercial vehicles, and automobiles for personal usage will not be included.   Speaking at an event here, Minister of State for Heavy...

Ebola outbreak declared international emergency by WHO

by AIP Online Bureau | Jul 19, 2019 | Eco/Invest/Demography, Health, International News

  Geneva: WHO Director-General Dr. Tedros Adhanom Ghebreyesus declared the Ebola virus disease (EVD) outbreak in the Democratic Republic of the Congo (DRC) a Public Health Emergency of International Concern (PHEIC).   “It is time for the world to take...

Boeing Creates $50M Crash Victims’ Fund

by AIP Online Bureau | Jul 18, 2019 | Eco/Invest/Demography, International News, Non-Life

Seattle: Boeing Co. said on Wednesday it will dedicate half of a $100 million fund it created after two crashes of its 737 MAX planes to provide payments to families of those killed, with veteran U.S. compensation expert Ken Feinberg hired by the world’s largest...

Digital transaction volumes up 51% in 2018-19 to 3,133.5 crore, says Ravi Shankar Prasad

by AIP Online Bureau | Jul 18, 2019 | Eco/Invest/Demography, Indian News, Technology

New Delhi: Digital transaction volumes in India swelled to 3,133.58 crore in 2018-19, registering a growth of 51 percent over the previous year, and the government does not see any kind of "friction" in digital payments, Parliament was informed on July 18....

Financial world’s blockchain euphoria gives way to pragmatism as projects stall

by AIP Online Bureau | Jul 17, 2019 | Eco/Invest/Demography, International News, Risk Management, Technology

Two years ago Nasdaq Inc. and Citigroup Inc. announced a new blockchain system they said would make payments of private securities transactions more efficient. Nasdaq Chief Executive Adena Friedman called it “a milestone in the global financial sector.”...
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