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Ransomware payment may be allowed tax deductible in US

by AIP Online Bureau | Jun 21, 2021 | Eco/Invest/Demography, International News, Policy, Risk Management, Technology

Washington: As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don't pay the cybercriminals. But the US government also offers a little-noticed incentive for those who do pay: The ransoms may be tax deductible. The IRS...

Climate on agenda as Biden prepares to meet with top financial regulators

by AIP Online Bureau | Jun 21, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Regulation

WASHINGTON: Climate change risks and increasing access to credit are among the issues President Joe Biden is expected to discuss in a meeting with the administration's slate of U.S. financial regulators on Monday, the White House said. White House officials said...

Major corporate polluters lag on setting climate goals

by AIP Online Bureau | Jun 21, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  LONDON: Scientists say the world needs to cut greenhouse gas emissions by at least 45% by 2030 to have any hope of meeting Paris Agreement targets for the middle of the century and averting catastrophic warming. Yet 41 of the world's 250 biggest corporate...

Govt plans to bring stricter e-commerce rules, flash sales may be history

by AIP Online Bureau | Jun 21, 2021 | Eco/Invest/Demography, Indian News, Technology

New Delhi: The government plans to revise the e-commerce regulations in the country and bring about stricter norms, wherein the much talked-about flash sales may prohibited. As per the new draft regulations, no e-commerce entity shall allow any display or promotion of...

India receives $64 bn FDI in 2020, fifth largest recipient of inflows: UN

by AIP Online Bureau | Jun 21, 2021 | Eco/Invest/Demography, International News

  United Nations: India received USD 64 billion in Foreign Direct Investment in 2020, the fifth largest recipient of inflows in the world, according to a UN report which said the COVID-19 second wave in the country weighs heavily on the country's overall...

India spent Rs 2,386 cr in 2020 on oral cancer treatment: Study

by AIP Online Bureau | Jun 21, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life

Multiplying the cost per unit of early and advanced cancer as per the results of a study, India spent approximately Rs 2,386 crore in 2020 on oral cancer treatment, paid for by insurance schemes, government and private sector, spending out of pocket payments and...

Carmakers in India’s auto hub allowed to operate at full capacity

by AIP Online Bureau | Jun 21, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Pandemic

CHENNAI: Global carmakers such as Renault-Nissan, Hyundai Motor Co and Ford Motor Co may operate with their full workforces in India's automaking hub from Sunday, despite worker protests over safety in the pandemic. Tamil Nadu state, one of the country's...

With positivity rate below 5% for 14 days, is second Covid wave over?

by AIP Online Bureau | Jun 21, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi: India on Monday crossed the important milestone of a Covid positivity rate of less than 5 per cent for 14 consecutive days, conforming to the WHO's recommended requirement for a region to reopen, but experts were wary of declaring the devastating second...

Record 8 million vaccinated in a single day as new guidelines kick in

by AIP Online Bureau | Jun 21, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: Notably, the partnership with Tata Group allows telecom operator Airtel to take head-on, rival Jio's pitch on homegrown 5G solutions. Mukesh Ambani-led Reliance Jio is accelerating the rollout of digital platforms and indigenously-developed...

Airtel, Tata Group team up for ‘Made in India’ 5G network solutions

by AIP Online Bureau | Jun 21, 2021 | Eco/Invest/Demography, Indian News, Technology

New Delhi: Bharti Airtel and Tata Group on Monday announced a strategic partnership for implementing 5G network solutions for India. The announcement underscores a push for indigenous 5G solutions in India, as the world's second-largest telecom market gears up for...
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