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Yellen, Harris to push childcare investments as boost for overall economy

by AIP Online Bureau | Sep 15, 2021 | Eco/Invest/Demography, Facts, Health, Workplace/Employee Benefits

Washington: U.S. Treasury Secretary Janet Yellen and Vice President Kamala Harris will urge Congress on Wednesday to back proposed spending on affordable childcare, armed with a new Treasury report that maps out big benefits such care offers the economy. Congress is...

India top source of social media misinformation on COVID-19: Study

by AIP Online Bureau | Sep 15, 2021 | Facts, Health, Pandemic, Risk Management, Technology

  New Delhi, Sept 15: India produced the largest amount of social media misinformation on COVID-19 due to the country's higher internet penetration rate, increasing social media consumption and users' lack of internet literacy, according to a new study....

India reported 11.8% rise in cyber crime in 2020; 578 incidents of ‘fake news on social media’: NCRB Data

by AIP Online Bureau | Sep 15, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Risk Management, Technology

  New Delhi: India recorded 50,035 cases of cyber crime in 2020, with a 11.8 per cent surge in such offences over the previous year, as 578 incidents of "fake news on social media" were also reported, official data showed on Wednesday. The rate of cyber...

Most agricultural funding distorts prices, harms environment: UN report

by AIP Online Bureau | Sep 15, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

UN: Around 87% of the $540 billion in total annual government support given worldwide to agricultural producers includes measures that are price distorting and that can be harmful to nature and health. That is the main finding of a new UN report calling for...

Axis Bank gives approval to reclassify Oriental Insurance Co as public category shareholder

by AIP Online Bureau | Sep 15, 2021 | Banking & Bancassurance, Indian News, Non-Life, Regulation

  New Delhi: Axis Bank on Wednesday said its board of directors has approved to reclassify The Oriental Insurance Company Ltd (OICL) from promoter category to public category shareholder. The bank said it received a request from OICL dated September 7, 2021,...

Cabinet clears auto PLI scheme for EVs, hydrogen fuel cell vehicles

by AIP Online Bureau | Sep 15, 2021 | Eco/Invest/Demography, Indian News, Policy, Technology

  New Delhi, Sept 15: India's cabinet on Wednesday approved an incentive scheme for the automobile sector aimed at boosting production of electric and hydrogen fuel-powered vehicles and promoting the manufacture of drones. The government will give about Rs...

LIC may be valued around $109-bn for its mega IPO

by AIP Online Bureau | Sep 15, 2021 | Eco/Invest/Demography, Indian News

  New Delhi, Sept 15: The government is seeking a valuation of between Rs 8 trillion ($109 billion) and Rs 10 trillion for state-backed Life Insurance Corp. in what’s slated to be the nation’s biggest initial public offering. The government is...

Indian law firms want higher fees to advise on LIC’s mega IPO

by AIP Online Bureau | Sep 15, 2021 | Indian News, Life, Policy

  New Delhi, Sept 15: India’s plan to list the state-run life insurance company (LIC) runs into an unusual problem: domestic law firms are reluctant to advise the government, deterred by the low fees offered to the government. moment of a lucrative stock...

Six feet distance may not be enough to prevent viral transmission indoors: Study

by AIP Online Bureau | Sep 15, 2021 | Facts, Health, Pandemic

Sept 15: The physical distancing of two meters — about six and a half feet — may not be enough to sufficiently prevent transmission of virus-carrying airborne aerosols indoors, according to a study. The results, published in the journal Sustainable Cities...

Depression crosses Odisha, hits over 20 lakh people and leaves 4 dead

by AIP Online Bureau | Sep 15, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News

Bhubaneswar: The deep depression that wrecked havoc in Odisha for the past two days has crossed the state and entered neighbouring Chhatisgarh on Tuesday but not before claiming four human lives, affecting over 20 lakh people and causing destruction. The depression...
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