by AIP Online Bureau | Mar 23, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
Mumbai: The Reserve Bank of India (RBI), on Monday, set up a five-member standing external advisory committee(SEAC), with former RBI deputy governor Shyamala Gopinath as the chairperson,to evaluate applications for universal banks and small finance banks (SFBs). The...
by AIP Online Bureau | Mar 23, 2021 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
MUMBAI: India’s market regulator said on Monday that stock exchanges and other market entities will need to switch quicker to backup sites to resume operations in case of disruptions like last month’s at the nation’s top bourse. In a...
by AIP Online Bureau | Mar 22, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
NEW DELHI: India plans to offer fresh incentives to companies making electric vehicles (EVs) as part of a broad auto sector scheme it expects to attract $14 billion of investment over five years, according to industry sources and a document seen by Reuters. The...
by AIP Online Bureau | Mar 22, 2021 | Eco/Invest/Demography, Health, International News, Pandemic
TAIPEI/CANBERRA: Many Asian countries are accelerating the rollout of AstraZeneca's Covid-19 vaccine after confidence in its safety was hit, following reports that the shot was linked to rare blood clots in Europe earlier this month. After briefly halting...
by AIP Online Bureau | Mar 22, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic
AstraZeneca says advanced trial data from a U.S. study on its Covid vaccine shows it is 79% effective. The U.S. study comprised 30,000 volunteers, 20,000 of whom were given the vaccine while the rest got dummy shots. The results were announced Monday. The early...
by AIP Online Bureau | Mar 22, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology
San Francisco: Cyber security researchers have found critical vulnerabilities in a popular student monitoring software being used in the remote learning times, which could be used by hackers to gain full access over students computers, compromising their security and...
by AIP Online Bureau | Mar 22, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology
SAN FRANCISCO: The US Supreme Court on Monday declined to consider an appeal by Facebook that would have derailed a $15 billion lawsuit over whether it illegally tracked users about a decade ago. The nation's top court issued an order denying a request by the...
by AIP Online Bureau | Mar 22, 2021 | Eco/Invest/Demography, Facts, Health
New Delhi: Lowering legal drinking age to 21 from 25 years and the government withdrawing from running liquor vends in Delhi are among the main features of an excise policy approved by the AAP dispensation on Monday, with Deputy Chief Minister Manish Sisodia...
by AIP Online Bureau | Mar 22, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management, Technology
WASHINGTON: A new generation of so-called “advanced” nuclear power reactors that Washington believes could help fight climate change often present greater proliferation risks than conventional nuclear power, a science advocacy group said on...
by AIP Online Bureau | Mar 22, 2021 | Eco/Invest/Demography, Indian News, Non-Life
Mumbai: The vehicle scrapping policy, proposed in Parliament last week, is unlikely to make people junk their old vehicles for new ones in a big way, owing to insufficient incentives offered by the government for replacement, a report said on Monday. Under the...