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Budget 2020 likely to raise spending to revive economic growth: Report

by AIP Online Bureau | Jan 28, 2020 | Eco/Invest/Demography, Indian News

  New Delhi: Indian Prime Minister Narendra Modi's government is expected to raise spending on infrastructure and cut some personal tax in its 2020/2021 budget, to spur consumer demand and investment, government sources and economists said.   India is...

IMF sees medium-term risks to global economy; more easing not the answer

by AIP Online Bureau | Jan 28, 2020 | Eco/Invest/Demography, International News

The International Monetary Fund on Tuesday urged policymakers to keep a close eye on financial vulnerabilities such as rising debt levels that could pose medium-term risks to the global economy and said further monetary easing was not the answer.   The global...

FinMin’s new measures to protect prudent commercial decision of bankers

by AIP Online Bureau | Jan 28, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

  With a view to protect prudent commercial decision of bankers, the government has taken a slew of decisions, including doing away with personal responsibilities of MD and CEO of PSBs for compliance in dealing with large value frauds committed by bank officials....

Cyber attacks in Europe, ME could be work of Turkey-sponsored hackers

by AIP Online Bureau | Jan 28, 2020 | Eco/Invest/Demography, International News

  Sweeping cyber attacks targeting governments and other organizations in Europe and the Middle East are believed to be the work of hackers acting in the interests of the Turkish government, three senior Western security officials said.   The hackers have...

Apple’s China-centric supply chain Braces for disruption from Coronavirus

by AIP Online Bureau | Jan 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  Apple Inc.’s China-centric manufacturing base is at risk of disruption after the Lunar New Year holiday as the company’s partners confront the coronavirus outbreak that has gripped the country and caused more than 100 deaths.   Virtually all of...
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