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FM Sitharaman flags anonymity as ‘inherent risk’ in use of blockchain

FM Sitharaman flags anonymity as ‘inherent risk’ in use of blockchain

by AIP Online Bureau | May 7, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology

Finance Minister Nirmala Sitharaman The finance minister made it clear that using the distributed ledger technology (DLT), which is also called as blockchain, is absolutely imperative and the government also supports the use of the same the anonymity is what … one...
LIC IPO day 4: Total subscription at 1.66 times, NII portion fully booked

LIC IPO day 4: Total subscription at 1.66 times, NII portion fully booked

by AIP Online Bureau | May 7, 2022 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy

However, the Qualified Institutional Buyer (QIB) category received a poor response as just 0.67 per cent of the shares earmarked received the bids on the fourth day of the IPO Mumbai: Shares reserved for non-institutional investors, including high networth...

FPI selling extends to 8th straight month, pulls out over Rs 6k-cr in May

by AIP Online Bureau | May 7, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

FPIs remained net sellers for seven months to March 2022, withdrawing a massive net amount of Rs 1.65 lakh crore from equities The ongoing geopolitical environment following Russia’s invasion of Ukraine also weighed on FPIs buying sentiment New Delhi: Continuing...

Govt aims to develop vehicle scrapping facilities within 150 kms from city centres

by AIP Online Bureau | May 7, 2022 | Eco/Invest/Demography, Indian News, Non-Life

”Developing a large number of vehicle scrapping centres, we can also develop multiple authorized collection centres of vehicle scrapping units in one city, which will have the authority to deregister a vehicle and issue deposit certificates,” he said New...
Indian states ready with plans to mitigate heatwave impact, official says

Indian states ready with plans to mitigate heatwave impact, official says

by AIP Online Bureau | May 7, 2022 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life

The National Disaster Management Authority (NDMA) has categorised 23 of India’s 28 states and some 100 cities and districts as being at risk of suffering extreme heat. Nineteen states have already made their own heat-action plans and some others are working on...
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