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Lok Sabha passes bill to end all retrospective taxation

by AIP Online Bureau | Aug 6, 2021 | Eco/Invest/Demography, Indian News

New Delhi: A bill that aims to end all retrospective taxation imposed on indirect transfer of Indian assets was passed by the Lok Sabha on Friday amidst continuous protests by opposition over the alleged snooping through the Pegasus spyware and other issues. When the...

COVID-19: India logs 44,643 new cases, 464 fatalities

by AIP Online Bureau | Aug 6, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Pandemic

  New Delhi: India recorded 44,643 new coronavirus infections taking the total tally of COVID-19 cases to 3,18,56,757, while the active cases registered an increase for the third consecutive day, according to the Union Health Ministry data updated on Friday. The...

RBI keeps policy rate unchanged,raises inflation forecast

by AIP Online Bureau | Aug 6, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic, Policy, Regulation, Risk Management

  MUMBAI: The Reserve Bank of India kept interest rates steady at record lows on Friday, but it raised its inflation forecast and said it would normalise liquidity conditions in a signal that policymakers could be edging closer to tapering stimulus. As widely...

Cars fueled by ethanol can add to India’s food inflation

by AIP Online Bureau | Aug 6, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

  New Delhi: India is pushing for more cars to run on ethanol made from sugar, a move that risks raising the cost of the sweetener globally. The government will fast-track an ethanol program that will divert as much as 6 million tons of sugar toward fuel...

Amazon-Future-Reliance case: SC holds Emergency Award enforceable in India

by AIP Online Bureau | Aug 6, 2021 | Eco/Invest/Demography, Indian News, Risk Management

  New Delhi: In a big win for e-commerce giant Amazon, the Supreme Court on Friday ruled the order of a Singapore-based emergency arbitrator (EA) that restrained Future Retail Ltd  from going ahead with its $3.5 billion asset sale deal with Reliance Retail...

Government has no plan at present to block any social media platform: MoS IT

by AIP Online Bureau | Aug 6, 2021 | Eco/Invest/Demography, Indian News, Risk Management, Technology

New Delhi: The government regularly interacts with social media companies on matters including accountability of such platforms and safety of users, and there are no plans at present to block any social media platform in the country, Parliament was informed on...

Tech titans Amazon, Google, Microsoft join US cyber team to fight ransomware

by AIP Online Bureau | Aug 6, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology

San Francisco: US cybersecurity officials on Thursday said Amazon, Google and Microsoft have enlisted to help them fight ransomware and defend cloud computing systems from hackers. The tech giants are among firms signed on to be part of a Joint Cyber Defense...

Bengal flood situation remains critical; 3 lakh affected

by AIP Online Bureau | Aug 5, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: The flood situation in West Bengal remained critical on Thursday though there was less rainfall, a senior state government official said. The number of deaths due to the deluge remained unchanged at 23 as no fresh fatality was reported from any of...

Study reveals more mental health support needed for frontline workers tackling COVID

by AIP Online Bureau | Aug 5, 2021 | Eco/Invest/Demography, Facts, Health, Life, Non-Life, Pandemic

  New York: A global review of studies has found high levels of depression, PTSD, anxiety and burn-out amongst frontline medical staff during the COVID pandemic. This suggests that more support needs to be put in place for hospital workers dealing with the...

Resting heart rate is important health indicator

by AIP Online Bureau | Aug 5, 2021 | Facts, Health, Non-Life

New Delhi: According to data published by the World Health Organization and the International Labour Organization this year, long working hours, that is working 55 or more hours per week, is associated with a 17 per cent higher risk of dying from ischemic heart...
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