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Most people feel I-T exemption limit could be raised from Rs 2.5 lakh: Survey

by AIP Online Bureau | Jan 21, 2022 | Eco/Invest/Demography, Indian News, Policy

As many as 36 per cent of the survey respondents felt that the 80-C deduction limit of Rs 1.5 lakh will be increased, while 19 per cent felt that the standard deduction could be increased for salaried class from the current Rs 50,000 New Delhi: A majority of...

Back in court – UK hospitality groups take on insurers over lockdown losses

by AIP Online Bureau | Jan 21, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

Corbin & King, the owner of London’s Wolseley and Delaunay restaurants is suing AXA for around 4.5 million pounds in a dispute that hinges in part on the scope of “denial of access” cover, designed to protect insured venues that are shut by...

Covid-19 related data of thousands of Indians leaked online

by AIP Online Bureau | Jan 21, 2022 | Indian News, Technology

The data put on Raid Forums shows name, age, gender, mobile number, address, date and result of Covid-19 report of these people “There have been several media reports claiming that the data stored in Co-WIN portal has been leaked online.It is clarified that no...

Households free to install rooftop solar by any vendor under govt scheme: MNRE

by AIP Online Bureau | Jan 21, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

The distribution company will ensure that the net metering will be provided within 15 days of the information being received. The subsidy to be given by the government, which is 40 percent for rooftops of up to 3 KW capacity and 20 percent beyond that up to 10 KW will...

SBI Life Q3 profit jumps 56% to Rs 364 crore

by AIP Online Bureau | Jan 21, 2022 | Indian News, Life

Life insurer’s total income declined to Rs 20,458.31 crore in the quarter under review from Rs 26,551.90 crore in October-December 2020 period Mumbai: SBI Life Insurance on Friday reported a 56 percent rise in net profit at Rs 364 crore for the third quarter...

Amid risk aversion in equities, Bitcoin plunges to lowest level since Aug

by AIP Online Bureau | Jan 21, 2022 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy

Virtual coins have become emblematic of a retreat in speculative investments sparked by the prospect of tighter monetary policy in the U.S. Bitcoin of late has tracked swings in technology stocks, which have been under pressure, with the Nasdaq 100 tumbling into a...

‘Isolation’ not mandatory for foreign arrivals testing Covid positive

by AIP Online Bureau | Jan 21, 2022 | Health, Indian News, Pandemic

The existing guidelines state that travellers coming from any country including from those considered at-risk’ shall be managed at isolation facility and treated as per laid down standard protocol New Delhi: Travellers arriving in India from any country who will...

Infosys awarded top employer certification in 22 countries

by AIP Online Bureau | Jan 21, 2022 | Facts, Workplace/Employee Benefits

The Top Employers Institute program certifies organizations based on their HR Best Practices across 6 HR domains consisting of 20 areas such as People Strategy, Work Environment, Talent Acquisition, Learning, Well-being, Diversity & Inclusion, and more Indian IT...

Healthcare likely to receive top priority in Budget: Assocham

by AIP Online Bureau | Jan 21, 2022 | Eco/Invest/Demography, Health, Indian News, Policy

The industry chamber noted that 47 per cent of the respondents in its survey pointed towards Finance Minister Nirmala Sitharaman according maximum attention to healthcare in the Budget. Besides, MSMEs, energy and infrastructure and technology were also on priority...

Global corporate funding in solar sector nearly doubles to $27.8 bn in 2021: Mercom Capital

by AIP Online Bureau | Jan 21, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

“Most of the transactions involved solar downstream companies. The largest transaction in 2021 was Adani Green Energy Limited (AGEL), which acquired a 100 per cent stake in SB Energy India at an enterprise valuation of approximately USD 3.5 billion,” the report...
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