by AIP Online Bureau | Dec 17, 2019 | Eco/Invest/Demography, Indian News
New Delhi: The government is likely to trim personal income tax rates and cut the tax on long-term capital gains from equity investments in its next budget, in a bid to spur economic growth, four government officials. Government officials are also...
by AIP Online Bureau | Dec 17, 2019 | Eco/Invest/Demography, International News
New Delhi: India has slipped four places to rank 112th globally in terms of gender gap amid widening disparity in terms of women's health and survival and economic participation — the two areas where the country is now ranked in the bottom-five, an...
by AIP Online Bureau | Dec 17, 2019 | Eco/Invest/Demography, International News, Non-Life
Five US tech giants including Apple, Microsoft and Google parent Alphabet have been named in a lawsuit over the death of child labourers in cobalt mines in the Democratic Republic of Congo. Impoverished but mineral-rich DR Congo is the world's largest...
by AIP Online Bureau | Dec 17, 2019 | Eco/Invest/Demography, International News
Hong Kong: When China’s top legislature criticized a Hong Kong court’s rejection of a face mask ban there, some global firms began to fear the potential for mainland interference in commercial contracts, lawyers and finance executives said. Hong...
by AIP Online Bureau | Dec 17, 2019 | International News, Non-Life
Tokyo: During Pope Francis’ recent visit to Japan, Harumi Suzuki stood where his motorcade passed by holding a sign that read: “I am a survivor.” Katsumi Takenaka stood at another spot, on another day, holding up his banner that read,...
by AIP Online Bureau | Dec 17, 2019 | Eco/Invest/Demography, International News, Life
Tokyo: Japan’s financial regulator is considering ordering Japan Post and Japan Post Insurance to suspend sales of insurance policies, the Nikkei Shimbun reported Monday. The Financial Services Agency (FSA) will also seek clarification of responsibility...
by AIP Online Bureau | Dec 16, 2019 | Articles, Technology
The past growth of China’s insurance market was simply amazing: During the last decade, since the financial crisis, insurance premiums almost quadrupled. China’s insurance market is already the second biggest in the world. By the end of the next...
by AIP Online Bureau | Dec 16, 2019 | Indian News, Non-Life, Policy, Reinsurance
New Delhi: The government on Monday has cleared the appointment of Devesh Srivastava,56, general manager(GM),GIC Re and Malay K Poddar, 57, GM, as the CMD of GIC Re and Agriculture Insurance Company(AIC) respectively. Though, Srivastava and Poddar...
by AIP Online Bureau | Dec 16, 2019 | Eco/Invest/Demography, Indian News, Technology
New Delhi: A report by the World Bank Group on Monday said that online retail sales in India is merely 1.6 per cent of total retail trade in the country. It noted that in the neighbouring country of Bangladesh, too, the online sales a mere 0.7 percent of...
by AIP Online Bureau | Dec 16, 2019 | Eco/Invest/Demography, Indian News, Policy
NEW DELHI : It is mandatory to link your PAN with Aadhaar by the end of this year, the Income Tax Department said in a public message on Sunday. "Building a better tomorrow! To reap seamless benefits of income tax services, complete the vital link...
