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Volvo’s autonomous trucking offer bundles pilots, insurance, services

by AIP Online Bureau | Jul 11, 2019 | International News, Non-Life, Technology

Swedish truckmaker AB Volvo’s first commercial autonomous truck deal shows how it is bundling services to generate revenue from a technology that is years away from wide deployment.   Driverless transportation has been hailed as a transformative revenue...

Cabinet approves Occupational Safety, Health and Working Conditions Bill, 2019

by AIP Online Bureau | Jul 11, 2019 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security

  New Delhi: The Union Cabinet on Wednesday approved a bill that seeks to merge 13 central labour laws into a single code which would apply on all establishments employing 10 or more workers.   The proposed Code on Occupational Safety, Health and Working...

Bill to fix ‘menace’ of illegal deposit schemes gets Cabinet nod: Minister

by AIP Online Bureau | Jul 10, 2019 | Eco/Invest/Demography, Indian News

New Delhi: The Cabinet on Wednesday approved a Bill that increases punishment for illegal deposit schemes, aiming to protect the poor from fraud and retrieve their money.   The Banning of Unregulated Deposit Schemes will replace the Banning of Unregulated Deposit...

Deposits in Jan Dhan accounts cross Rs 1 lakh crore

by AIP Online Bureau | Jul 10, 2019 | Eco/Invest/Demography, Indian News, Life, Non-Life

   New Delhi: Deposits in bank accounts opened under the Jan Dhan scheme, launched about five years ago by the Modi-government, have crossed the Rs 1 lakh crore mark.   According to the latest Finance Ministry data, the total balance in over 36.06 crore...

Passenger vehicle sales decline by 18% in June, car sales down 25%: SIAM

by AIP Online Bureau | Jul 10, 2019 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi:  ​​​​​​Domestic passenger vehicle (PV) sales declined by 17.54 per cent to 2,25,732 units in June from 2,73,748 units in the year-ago period.   Domestic car sales were down 24.97 per cent to 1,39,628 units as against 1,83,885 units in June...
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