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China’s appetite for luxury cars is now a boon for eastern European nations

by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, International News, Non-Life

Chinese appetite for high-end cars is proving a boon for eastern European economies that had earlier fretted about an over-reliance on auto plants. Slovakia and the Czech Republic, which make the most cars in the world per capita, have closed shops and bars to tame...

Canadian banks, insurers to take part in climate project, central bank says

by AIP Online Bureau | Nov 17, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  TORONTO: Some of Canada's largest banks and insurers are set to participate in a pilot project to better understand the risks to the financial system from the transition to a low-carbon economy, Canada's central bank and financial regulator said on...

RBI plans merger of Lakshmi Vilas Bank with Singaporean DBS Bank India

by AIP Online Bureau | Nov 17, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

  Mumbai: Afte putting the financially battered Lakshmi Vilas Bank under moratorium for 30 days,the Reserve Bank of India(RBI) has today placed in public domain a draft scheme of amalgamation LVB with Singaporean DBS Bank India Ltd. (DBIL), having its registered...

Twitter names famed hacker ‘Mudge’ as head of security

by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, Facts, Risk Management, Technology

SAN FRANCISCO: Social media giant Twitter Inc, under increased threat of regulation and plagued by serious security breaches, is appointing one of the world's best-regarded hackers to tackle everything from engineering missteps to misinformation.The company on...

Privacy activist files complaints against Apple’s tracking tool

by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

  BERLIN: An Austrian privacy advocacy group drew a strongly critical response from Apple on Monday after it said an online tracking tool used in its devices breached European law. The group, led by campaigner Max Schrems, filed complaints with data protection...

Mutual funds add 4 lakh folios in Oct; total tally at 9.37 crore

by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, Indian News

  Mumbai: The mutual fund industry has added over 4 lakh investor accounts in October, taking the total tally to 9.37 crore, primarily on account of contribution from debt schemes. Market experts said the addition of folios suggests that investors were undeterred...

Maruti sells over 2 lakh cars via online channel, launches round 5 of Mobility & Automobile Innovation Lab initiative

by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: The country's largest carmaker Maruti Suzuki India on Tuesday announced the fifth round of its 'Mobility & Automobile Innovation Lab' (MAIL) initiative, inviting entries from early startups in mobility and automobile space. So far,...

Google to bring new settings for smart features, personalisation In Gmail

by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, Facts, Risk Management, Technology

California: In an attempt to give users more control over their data, Google on Monday announced that it is bringing a new setting for smart features and personalization in Gmail. "In the coming weeks, we're launching yet another way to put you in control of...

Amazon launches online pharmacy in new contest with drug retail

by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, Health, International News, Technology

Amazon.com Inc on Tuesday launched an online pharmacy for delivering prescription medications in the United States, increasing competition with drug retailers such as Walgreens, CVS and Walmart.Called Amazon Pharmacy, the new store lets customers price-compare as they...

Online festive shopping increases chances of cybercrime: McAfee’s India

by AIP Online Bureau | Nov 17, 2020 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: Despite various cyber threats, the ongoing COVID-19 pandemic propelled more people to opt for online shopping with 68.1 per cent Indians confirming an increase in their online shopping activity this year, revealed the latest McAfee report on...
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