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Uddhav announces loan waiver of up to Rs 2 lakh for Maharashtra farmers

by AIP Online Bureau | Dec 22, 2019 | Eco/Invest/Demography, Indian News, Non-Life

  Mumbai: The Maharashtra government on Saturday announced a loan waiver of upto Rs two lakh for farmers, with a cut off date of September 30, 2019.   Chief Minister Uddhav Thackeray made the announcement in the Legislative Assembly here on the last day of...

Google fined $167 million in France amid crackdown on online advertising

by AIP Online Bureau | Dec 21, 2019 | Eco/Invest/Demography, International News, Policy, Technology

  Paris: Google was fined 150 million euros ($167 million) in a French antitrust case involving online advertising as regulators throughout Europe criticize the tech giant’s business practices.   The French authority found Google abused its dominant...

Australia’s bushfires circle Sydney as temperatures soar

by AIP Online Bureau | Dec 21, 2019 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

  SYDNEY:  Catastrophic conditions fuelled massive bushfires across Australia’s New South Wales state on Saturday, with two blazes around Sydney burning at emergency level, while in South Australia one person was found dead in a fire zone. Some major...

HC asks 3 mining cos to pay Rs 6.5 mn for polluting Goan agricultural land

by AIP Online Bureau | Dec 21, 2019 | Eco/Invest/Demography, Indian News, Non-Life

Panaji: The Goa bench of the Bombay High Court has directed three mining companies to deposit Rs 65 lakh each before it for rehabilitating the agricultural land that was polluted due to mining.   Justice M S Sonak and Justice M S Jawalkar issued the interim order...

Four Muslim nations consider gold, barter trade to beat future sanctions

by AIP Online Bureau | Dec 21, 2019 | Eco/Invest/Demography, International News

Kuala Lumpur:  Iran, Malaysia, Turkey and Qatar are considering trading among themselves in gold and through a barter system as a hedge against any future economic sanctions on them, Malaysian Prime Minister Mahathir Mohamad said on Saturday.   At the end of...

ACORD Names Top Ten InsurTech Leaders of 2019

by AIP Online Bureau | Dec 21, 2019 | International News, Life, Non-Life, Technology

  PEARL RIVER, N.Y: ACORD, the global standards-setting body for the insurance industry, today announced its annual Top Ten InsurTech Leaders list. ACORD selects individuals based on their vision, execution, and impact in shaping the future of insurance through...

Crisis looms as debt wave sweeps developing nations, warns World Bank

by AIP Online Bureau | Dec 20, 2019 | Eco/Invest/Demography, International News

A wave of debt in emerging and developing nations has grown faster and larger than in any period of the last five decades and could end with another crisis, the World Bank warned Thursday.   And if the wave breaks, it could be more damaging since it would engulf...

One nation, one ration card: Centre makes standard format, asks states to follow it for issuing fresh cards

by AIP Online Bureau | Dec 20, 2019 | Eco/Invest/Demography, Indian News

New Delhi: The Centre has designed a standard format for ration cards as it moves ahead with 'one nation, one ration card' initiative and has asked state governments to follow the pattern while issuing fresh ration cards.   Currently, the central...

Govt plans to make PFRDA sole regulator for the pension products

by AIP Online Bureau | Dec 20, 2019 | Indian News, Pension & Social Security, Regulation

  Mumbai: The government is currently working out on amendments to the existing PFRDA Act,which amog host of changes, will make the Pension Fund Regulatory and Development Authority (PFRDA), the sole regulator of pension products in the country.  ...

Modi says India will emerge stronger from slowdown, urges investments

by AIP Online Bureau | Dec 20, 2019 | Eco/Invest/Demography, Indian News

  New Delhi: Indian will emerge stronger from an economic slowdown, Prime Minister Narendra Modi said in a speech on Friday, reassuring investors about their long-term bets on Asia's third-biggest economy.   India, once the poster child of economic...
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