Eco/Invest/Demography

Coronavirus: Thermal screening of flyers from China begins at 7 airports

Indian News       Jan 21, 2020

  New Delhi: The Civil Aviation Ministry has directed seven airports including Delhi, Mumbai, Chennai and Kolkata to make arrangements for screening of passengers arriving from China in the wake of outbreak of an infection caused by a new strain of virus there.   Airlines flying in...

IRDAI postpones implementation Indian Accounting Standard for insurers indefinitely

Indian News       Jan 21, 2020

  Hyderarbad: The Indian Insurance regulator IRDAI on Tuesday has decided to postpone the implementation of Indian Accounting Standard ( Ind-AS). which was supposed to start in 2020-21, indefinitely for the domestic insurance sector.Earlier,IRDAI’s in its circular dated June 28, 2017 had deferred the effective date...

World losing trust in climate science, Indians most-trusting: WEF survey

Facts       Jan 21, 2020

  The global public overwhelmingly blames global warming on human activities with trust level declining in climate science, but Indians are the most trusting people in this regard, a new opinion poll showed on Tuesday.   Indians and Bangladeshis have topped the charts when it comes to...

Nearly half billion people currently unemployed or underemployed: UN

Facts       Jan 21, 2020

  Geneva: More than 470 million people worldwide are currently unemployed or underemployed, the UN said on Monday, warning that a lack of access to decent jobs was contributing to social unrest.   The global unemployment rate has remained relatively stable over much of the past decade,...

India needs $2.64-trn investment to meet UN's Sustainable Development Goals

Indian News       Jan 21, 2020

  India needs a whopping $2.64 trillion investment to meet the UN's sustainable development goals (SDGs), offering the private sector an investment opportunity of over $1.12 trillion by 2030, according to a report. According to the Standard Chartered SDG Investment Map, the total investment that the...

New law to protect foreign investors to exclude tax demands, reveal documents

Indian News       Jan 20, 2020

  New Delhi: New legislation will improve protection for foreign investors in India by offering relief from possible policy changes but will uphold the state's right to tax them, according to its draft and government documents seen by Reuters.   The bill also attempts to upgrade India's...

India among top 10 FDI recipients, attracts $49 bn inflows in 2019: UN

Facts       Jan 20, 2020

  United Nations: India was among the top 10 recipients of Foreign Direct Investment in 2019, attracting $49 billion in inflows, a 16 per cent increase from the previous year, driving the FDI growth in South Asia, according to a UN report released on Monday.   The...

Bengaluru highest paying city, IT highest paying industry in India, says report

Facts       Jan 20, 2020

  New Delhi: Professionals from IT industry command the highest salaries, while Bengaluru has retained the tag as the highest paying city in the country, a report said on Thursday.   According to Randstad Insights Salary Trends Report 2019, the average annual cost to company (CTC) in...

Coronavirus: New disease spreading in Asia revives SARS fears

International News       Jan 20, 2020

  Paris: A mysterious SARS-like virus has spread around China with more than 200 diagnosed cases in the cities of Wuhan, Beijing and Shenzhen, plus two people infected in Thailand and another case confirmed in Japan. Here are a few key points about coronavirus. What is...

Wealth of India's richest 1% more than 4 times that of 70% poorest: Oxfam

International News       Jan 20, 2020

Davos: India's richest 1 per cent hold more than four-times the wealth held by 953 million people who make up for the bottom 70 per cent of the country's population, while the total wealth of all Indian billionaires is more than the full-year budget, a...

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