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Worldwide sales of smartphones decline for 1st time since 2008

by AIP Online Bureau | Jan 28, 2020 | Data, Eco/Invest/Demography, Technology

Worldwide sales of smartphones to end users declined two per cent in 2019, the first time since 2008 that the global market for such phones experienced a decline, Gartner, Inc said.   But they are on track to reach 1.57 billion units in 2020, an increase of three...

IRDAI issues guidelines on group health insurance policies of merged PSBs

by AIP Online Bureau | Jan 28, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Health, Indian News, Intermediaries, Non-Life

  Hydearbad: The insurance regulator IRDAI on Tuedsay has laid down the gidelines on the Group Health Insurance Policies issued by the Public Sector Banks (PSBs) which are gettimg merged.   Upon merger of these PSBs, the underlying group health Insurance...

Death toll crosses 100 in China, global stocks tumble

by AIP Online Bureau | Jan 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  China said on Tuesday that 106 people had died from a new coronavirus that is spreading across the country, up from the previous toll of 81.   The number of total confirmed cases in China rose to 4,515 as of Jan. 27, the National Health Commission said in...

Ahead of Olympics, Tokyo prepares foreigners for potential disasters

by AIP Online Bureau | Jan 28, 2020 | Disaster & Management, Eco/Invest/Demography, International News

  TOKYO: Tokyo 2020 organisers are putting the final touches to preparations less than six months out from the start of the Olympics but the area they are most concerned about remains readiness for any natural disaster striking during the Games.With thousands of...

Coronavirus infects Asia stocks with exposure to China

by AIP Online Bureau | Jan 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

SYDNEY: Shares of companies highly exposed to China’s economy tumbled across Asia on Tuesday on rising concern about the impact of global travel bans associated with a new virus outbreak, and even as some stocks involved in preventative health spiked after the...

Indian entities facing 3 times more cyberattack than global average: Check Point

by AIP Online Bureau | Jan 27, 2020 | Eco/Invest/Demography, Indian News, Non-Life

New Delhi: Indian organisations have faced over three times more cyberattack than the global average, with cryptocurrency mining malware impacting most of the entities, according to a research. Most of the attacks have come on Indian companies via online medium,...

Govt to evacuate Indians from Coronavirus-hit Wuhan in China

by AIP Online Bureau | Jan 27, 2020 | Eco/Invest/Demography, Health, Indian News

  New Delhi: The government on January 27 decided to prepare for possible evacuation of Indian nationals from Wuhan city in Coronavirus-hit Chinese province of Hubei.   The decision was taken at a high-level meeting chaired by Cabinet Secretary Rajiv Gauba...

Budget 2020: SIAM seeks incentive-based scrappage policy, GST rate cu

by AIP Online Bureau | Jan 27, 2020 | Eco/Invest/Demography, Indian News, Non-Life

New Delhi: Auto industry body SIAM on Monday urged the government to announce an incentive based scrappage policy ahead of the Budget, while also seeking a reduction in GST on BS-VI vehicles to 18 per cent.   Society of Indian Automobile Manufacturers (SIAM) also...

Amazon workers criticise company on climate change despite risk to jobs

by AIP Online Bureau | Jan 27, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  San Francisco: Hundreds of employees are openly criticising Amazon's record on climate change despite what they say is a company policy that puts their jobs at risk for speaking out.   On Sunday, more than 300 employees of the online retail giant...

Sitharaman may announce the merger of 3 PSU gen insurers in Budget 2020

by AIP Online Bureau | Jan 26, 2020 | Indian News, Non-Life, Risk Management

  New Delhi: After seeking the approvals of the boards of three PSU general insurance companies –United India Insurance(UII),Oriental Insurance Company)OIC) and National Insurance Company(NIC)-whose merger into one company was announced by former finance...
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