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WhatsApp gets approval to launch payments feature in India

by AIP Online Bureau | Nov 5, 2020 | Eco/Invest/Demography, Indian News, Technology

CHENNAI: WhatsApp has received approval to roll out its payments service in India starting with 20 million users, the country’s flagship payments processor said on Thursday, giving the Facebook-owned app an entry into a crowded digital payments space. No fee...

Modi woos global investors as economy shows signs of recovery

by AIP Online Bureau | Nov 5, 2020 | Eco/Invest/Demography, Indian News

NEW DELHI: Indian Prime Minister Narendra Modi urged global investors on Thursday to invest in the country’s infrastructure and manufacturing sector as his government aims to bolster the economy amid some signs of recovery. After contracting 23.9% in the...

Lloyd’s 2nd blueprint targets cost reduction of £800m for brokers, underwriters and business partners

by AIP Online Bureau | Nov 5, 2020 | International News, Non-Life, Reinsurance, Technology

  London: Today, Lloyd’s of London published its second blueprint- Blueprint Two, which aims to deliver significant operational efficiencies, making it simpler and more efficient for market participants to trade, with an estimated aggregate reduction...

India sees early vaccine launch as AstraZeneca deliveries run late

by AIP Online Bureau | Nov 5, 2020 | Eco/Invest/Demography, Health, International News, Pandemic

NEW DELHI: India raced ahead with work on its coronavirus vaccine while Britain’s AstraZeneca said its deliveries were running “a little bit late” as countries around the world sought to conquer the pandemic and rescue their economies.A vaccine is...

European Development Finance group to exit fossil fuel investments by 2030

by AIP Online Bureau | Nov 5, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

LONDON/BRUSSELS:  A group of European development finance institutions (DFIs) managing $50 billion said on Thursday they planned to stop lending money to fossil fuel projects by the end of the decade. The Association of European Development Finance Institutions...
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