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Ministry to question IndiGo, GoAir, others on Pratt & Whitney engine woes

by AIP Online Bureau | Jan 8, 2019 | Indian News, Risk Management

  New Delhi: Indian carriers IndiGo and GoAir, aircraft manufacturer Airbus and engine maker Pratt & Whitney will meet Indian civil aviation ministry officials on Tuesday to discuss ongoing issues with engines fitted to A320neo planes, three people familiar...

Global natural disasters wreak $160 bn damage in 2018; worst losses in US

by AIP Online Bureau | Jan 8, 2019 | Disaster & Management, International News, Non-Life, Reinsurance

  Munich: Natural disasters including wildfires, hurricanes and tsunamis inflicted $160 billion of damage and claimed 10,400 lives in 2018, German reinsurer Munich Re said Tuesday.   Global natural disasters wreak $160 bn damage in 2018; worst losses in US...

Skills gap puts $1.97 trillion growth at risk in India: Report

by AIP Online Bureau | Jan 7, 2019 | Eco/Invest/Demography, Indian News, Technology

  New Delhi: India may have to forgo as much as $1.97 trillion in gross domestic product (GDP) growth promised by investment in intelligent technologies over the next decade if the country fails to bridge the skills gap, a new report from Accenture said on...

262 terror attacks killed 595 people in Pakistan in 2018: Report

by AIP Online Bureau | Jan 7, 2019 | Eco/Invest/Demography, International News, Non-Life, Risk Management

  ISLAMABAD:  At least 595 people, including Pakistani security officials, have been killed and 1,030 others injured in 262 terror attacks in the country during 2018, according to a report.    Most of the attacks were targeted at security and law...

GST panel for Kerala levying 1% cess for 2 yrs to fund flood rehabilitation

by AIP Online Bureau | Jan 7, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News

  New Delhi: The ministerial panel under Bihar Deputy Chief Minister Sushil Modi Sunday approved levy of 1 per cent 'calamity cess' by Kerala for a period of two years to fund rehabilitation work in the state hit by floods.   The goods and services,...
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