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U.S. lifts Boeing 737 MAX flight ban after crash probes, tough hurdles remain

by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

  WASHINGTON/SEATTLE : The United States lifted a 20-month-old flight ban on Boeing Co's BA.N 737 MAX on Wednesday, easing a safety crisis that left its top exporter with a tarnished reputation and hundreds of idle jets. But relatives of crash victims...

Canada names China, Russia as main cyber-crime threats; sees risk to power supply

by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News, Risk Management, Technology

  OTTAWA: Canada on Wednesday identified state-sponsored programs in China, Russia, Iran and North Korea as major cyber crime threats for the first time, and said it feared foreign actors could try to disrupt power supplies.The Communications Security...

India’s economy may continue to face Covid-19 aftershocks till 2025: Report

by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic

  Mumbai: India's economy may continue to face Covid-19 aftershocks till 2025: ReportIndia will be worst-affected among the world’s major economies even after the pandemic wanes, with output 12% below pre-virus levels through the middle of the decade,...

Govt approves swap of Mitsui Sumitomo’s Max Life stake with Max Financial Services

by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Indian News, Life, Policy

  Mumbai: Max Financial Services Limited (MFSL) announced that it has received approval from the Department of Economic Affairs (DEA), Ministry of Finance for the issue and allotment of 7,54,58,088 equity shares of Rs. 2/- each (equivalent to 21.87% of...

Eightfold increase in tobacco smuggling during June-Oct 20 : FICCI CASCAD

by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Facts, Health

  New Delhi: India continues to be a target for tobacco smugglers in spite of several restrictions with an almost eightfold increase in the illegal activity, according to industry chamber FICCI's Committee Against Smuggling and Counterfeiting Activities...
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