by AIP Online Bureau | Dec 23, 2019 | Eco/Invest/Demography, Indian News
New Delhi: The Finance Ministry has declined to share Swiss bank accounts details of Indians saying it is covered under "confidentiality provisions" of a tax treaty signed between India and Switzerland. In reply to an RTI query, the ministry also...
by AIP Online Bureau | Dec 23, 2019 | International News, Non-Life, Regulation, Reinsurance, Workplace/Employee Benefits
London: The Bank of England has stepped up its monitoring of Lloyd’s of London’s whistleblowing systems, the central bank said on Monday, after reports this year about sexual harassment and bullying at the 330-year old insurance market. The...
by AIP Online Bureau | Dec 23, 2019 | Eco/Invest/Demography, International News, Non-Life
Days after the March 10 crash of a Kenya-bound Ethiopian Airlines’ Boeing jet that killed all 157 people on board, strangers began calling or visiting bereaved families, saying they represented U.S. law firms. They showed up uninvited at memorials...
by AIP Online Bureau | Dec 22, 2019 | Indian News, Non-Life, Risk Management, Technology
New Delhi: The government has stepped up scrutiny of engines on Airbus SE’s A320neo jets, forcing the country’s biggest airline, IndiGo, to have to replace more than previously estimated, a move that could further delay the budget carrier’s...
by AIP Online Bureau | Dec 22, 2019 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology
New Delhi: Platforms like WhatsApp and Signal do not cooperate with law enforcement agencies citing end-to-end encryption and don't even honour lawful requisitions, government officials have told a Rajya Sabha panel looking into the issue of pornography on social...
by AIP Online Bureau | Dec 22, 2019 | Eco/Invest/Demography, Indian News
NEW DELHI: From policy stability to emphasis on exports of local goods, key industry players on Saturday discussed and suggested measures for making India a USD 5 trillion economy. SAIL Chairman Anil Kumar Chaudhary, ITC Chairman and Managing Director Sanjiv Puri,...
by AIP Online Bureau | Dec 22, 2019 | Eco/Invest/Demography, Indian News
New Delhi: After taking a big hit from falling rate of economic growth in 2019, the job market may remain muted in the new year as well in terms of workforce expansion and salary hikes as more and more companies are expected to prefer up-skilling of existing staff...
by AIP Online Bureau | Dec 22, 2019 | Eco/Invest/Demography, Indian News
New Delhi: As many as 377 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns of more than Rs 3.94 trillion owing to delays and other reasons, according to a report. The Ministry of Statistics and Programme...
by AIP Online Bureau | Dec 22, 2019 | Eco/Invest/Demography, Indian News
New Delhi: States are not in favour of increasing GST rates at a time when there is a consumption slowdown and it is not the right time to bring down the number of slabs under the Goods and Services Tax (GST), Sushil Kumar Modi, Deputy Chief Minister of Bihar and...
by AIP Online Bureau | Dec 22, 2019 | Eco/Invest/Demography, Indian News
New Delhi: Ignoring negative sentiments around falling GDP growth rate and some policy roadblocks, foreign portfolio investors seem to have flocked to the Indian capital market in a big way in 2019 with a net inflow of over Rs 1.3 trillion, including Rs 97,250...
