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Records of payment cards of Indian banks are being sold for $9 apiece on Joker’s Stash

by AIP Online Bureau | Feb 8, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

  NEW DELHI: The records of nearly half a million payment cards of Indian banks are being sold for $9 apiece on the Joker's Stash, one of the most popular underground cardshops, Singapore-based cybersecurity company Group-IB has warned.   The company...

ME’s $2 trillion wealth could just vanish in 15 years

by AIP Online Bureau | Feb 8, 2020 | Articles, Eco/Invest/Demography, Non-Life

  The Arab monarchies of the Persian Gulf face a budget reckoning and risk squandering their $2 trillion in financial wealth within 15 years as oilNSE 2.52 % demand nears peak levels, according to the IMF. Global oil demand may start falling sooner than expected,...

New India Assurance bounces back to profitability, net profit at Rs 483 cr in Q3Fy 2019-20

by AIP Online Bureau | Feb 8, 2020 | Indian News, Non-Life

  Mumbai: Bouncing back,the listed New India Assurance(NIA),the market leader in non-life business in the country, has reported a profit after tax(PAT) of Rs 483 crore for the third quarter ended Dec 19 as against a loss of Rs 113 crore in the same quarter...

U.S. permits Startup Nuro to deploy up to 5,000 driverless delivery vehicles

by AIP Online Bureau | Feb 8, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

  In a first-of-its-kind approval by U.S. regulators, a federal agency on Thursday gave permission for autonomous vehicle startup Nuro Inc. over the next two years to deploy up to 5,000 low-speed electric delivery vehicles without human controls like mirrors and...

IPO bound LIC to start valuation exercise soon, assets increases by 8% to Rs 32,25,905 cr till Jan end

by AIP Online Bureau | Feb 7, 2020 | Eco/Invest/Demography, Indian News, Life

  Mumbai:,   The IPO-bound Life Insurance Corporation (LIC) on Friday said its new business premium has crossed the Rs 1.5 trillion mark for the first time, helping the national insurer improve market share to 77.61 per cent.   Speaking to media on...
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