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Union Budget 2022-23: Expectations on changes in income tax slabs and rates

Union Budget 2022-23: Expectations on changes in income tax slabs and rates

by AIP Online Bureau | Jan 30, 2022 | Eco/Invest/Demography, Indian News, Policy

Finance Minister Nirmala Sitharaman In the Budget 2020-21, around 70 exemptions and deductions of different nature were removed. The finance minister had announced that the “remaining exemptions and deductions will be reviewed and rationalised in the coming...

FPIs pull out a whopping Rs 28,243 crore from Indian equities in Jan

by AIP Online Bureau | Jan 30, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

With the latest pull out of funds from Indian markets, FPIs have become net sellers for fourth consecutive month ”With US Fed signalling that it will start hiking interest rates soon and shrink its bond holdings, FPIs went on a selling spree in the Indian equity...

China issues draft rules for fakes in cyberspace

by AIP Online Bureau | Jan 30, 2022 | Eco/Invest/Demography, Intermediaries, Risk Management, Technology

The regulations provide for people to be protected from being impersonated without their consent by deepfakes – images that are virtually indistinguishable from the original, and easily used for manipulation or misinformation China’s cyberspace regulator...

Families of crash victims ask US to reopen Boeing settlement

by AIP Online Bureau | Jan 30, 2022 | International News, Reinsurance

Last month, the families of more than a dozen passengers filed a motion in federal court in Fort Worth, Texas, alleging that the Justice Department violated a 2004 victims’ rights law by not consulting with them before reaching the settlement, which shielded Boeing...

Musk’s bets on Tesla: human-like robots and self-driving cars

by AIP Online Bureau | Jan 30, 2022 | International News, Technology

“I would be shocked if we do not achieve full self-driving safer than human this year. I would be shocked,” Musk said, predicting full self-driving would become “the most important source of profitability for Tesla.” “It’s nutty...
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