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Nearly half billion people currently unemployed or underemployed: UN

by AIP Online Bureau | Jan 21, 2020 | Eco/Invest/Demography, Facts

  Geneva: More than 470 million people worldwide are currently unemployed or underemployed, the UN said on Monday, warning that a lack of access to decent jobs was contributing to social unrest.   The global unemployment rate has remained relatively stable...

India needs $2.64-trn investment to meet UN’s Sustainable Development Goals

by AIP Online Bureau | Jan 21, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

  India needs a whopping $2.64 trillion investment to meet the UN's sustainable development goals (SDGs), offering the private sector an investment opportunity of over $1.12 trillion by 2030, according to a report. According to the Standard Chartered SDG...

New law to protect foreign investors to exclude tax demands, reveal documents

by AIP Online Bureau | Jan 20, 2020 | Eco/Invest/Demography, Indian News

  New Delhi: New legislation will improve protection for foreign investors in India by offering relief from possible policy changes but will uphold the state's right to tax them, according to its draft and government documents seen by Reuters.   The bill...

India among top 10 FDI recipients, attracts $49 bn inflows in 2019: UN

by AIP Online Bureau | Jan 20, 2020 | Eco/Invest/Demography, Facts

  United Nations: India was among the top 10 recipients of Foreign Direct Investment in 2019, attracting $49 billion in inflows, a 16 per cent increase from the previous year, driving the FDI growth in South Asia, according to a UN report released on Monday....

Bengaluru highest paying city, IT highest paying industry in India, says report

by AIP Online Bureau | Jan 20, 2020 | Eco/Invest/Demography, Facts

  New Delhi: Professionals from IT industry command the highest salaries, while Bengaluru has retained the tag as the highest paying city in the country, a report said on Thursday.   According to Randstad Insights Salary Trends Report 2019, the average...

“Industry should focus on product innovations, especially in the pension space”

by AIP Online Bureau | Jan 20, 2020 | Interviews, Life, Pension & Social Security

  Govt has formed a high level panel under IRDA chairman SC Khuntia to bring about wide ranging fresh set of reforms in the Indian insurance sector? What are you suggestions to the panel on reforms required for the Indian insurance industry? IRDAI is constantly...

“Raising FDI limit will provide opportunities to existing players as well as to new players”

by AIP Online Bureau | Jan 20, 2020 | Interviews, Life

  How do you see the govt’s decision to allow 100 per cent  FDI for insurance intermediaries. What will be its impacts on the industry particularly on the insurance broking front? The govt’s decision to allow 100 per cent FDI for insurance...

Coronavirus: New disease spreading in Asia revives SARS fears

by AIP Online Bureau | Jan 20, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  Paris: A mysterious SARS-like virus has spread around China with more than 200 diagnosed cases in the cities of Wuhan, Beijing and Shenzhen, plus two people infected in Thailand and another case confirmed in Japan. Here are a few key points about coronavirus....

Wealth of India’s richest 1% more than 4 times that of 70% poorest: Oxfam

by AIP Online Bureau | Jan 20, 2020 | Eco/Invest/Demography, International News, Policy

            Davos: India's richest 1 per cent hold more than four-times the wealth held by 953 million people who make up for the bottom 70 per cent of the country's population, while the total wealth of all Indian billionaires is...

Soybean oil linked to genetic changes in brain, claims study

by AIP Online Bureau | Jan 19, 2020 | Facts, Health

Consuming soybean oil may not only lead to obesity and diabetes, but also "affect neurological conditions like autism, and Alzheimer's disease," claims a study in mice by researchers, including one of Indian origin.   Researchers from the University...
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