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Global eTrade Services unveils new finance services suite to reinforce end-to-end supply chain orchestration

by AIP Online Bureau | Dec 2, 2019 | International News, Non-Life

  SINGAPORE: Global eTrade Services (GeTS), a global trade platform company, today announced the launch of CALISTATM Finance, a suite of comprehensive financial services including global payments, quick financing, and cargo insurance specifically catered for...

European investors urge Big-Four auditors to take action on Climate Risks

by AIP Online Bureau | Dec 2, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  European investors managing assets worth more than 1 trillion pounds ($1.28 trillion) are pressing top auditors to take urgent action on climate-related risks, warning that failure to do so could do more damage than the financial crisis.   The case for...

France to require insurers, banks to run Climate Change stress tests in 2020

by AIP Online Bureau | Dec 2, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  Paris: In France, banks and insurers – which have been required by law to disclose climate risks since 2016 – are also facing pressure from regulators.   “We will run climate stress tests for French banks and insurance next year,”...

Berkshire Hathaway launched  Commercial Crime Insurance in Asia

by AIP Online Bureau | Dec 2, 2019 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

  Berkshire Hathaway Specialty Insurance (BHSI) has launched  Commercial Crime Insurance in Asia, a new policy designed to help companies address the exposures of a changing fraud landscape.   BHSI’s Commercial Crime Insurance policy offers...

Govt launches independent directors’ databank

by AIP Online Bureau | Dec 2, 2019 | Eco/Invest/Demography, Indian News

  New Delhi: The government on Monday launched a databank of independent directors under the companies law, a move aimed at providing a platform for registration of existing as well as those aspiring to be independent directors. The databank portal would be...

2.62 lakh forest fires recorded from 2016-18, says Ministry of Environment

by AIP Online Bureau | Dec 2, 2019 | Climate, Environment, Renewable Energy, Indian News

  New Delhi: 2.62 lakh forest fires recorded from 2016-18, says Ministry of Environment.   As many as 2.62 lakh incidents of forest fire have been reported from 2016-18, the Ministry of Environment said on Monday.   In response to a query in the Rajya...

Salaries in India may rise over 9% in 2020, real wages by 5%: Global report

by AIP Online Bureau | Dec 2, 2019 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits

  New India: Employees in India are expected to see 9.2 per cent salary growth in 2020, highest in Asia, but inflation may play a spoiler as real-wage salaries in the country is anticipated to be just 5 per cent, a report said on Monday.   According to Korn...

Parliament passes bill to ban e-cigarettes; selling, storage prohibited

by AIP Online Bureau | Dec 2, 2019 | Eco/Invest/Demography, Health, Indian News

  New Delhi Parliament on Monday passed a bill which seeks to prohibit the production, trade, transport, storage and advertisement of electronic cigarettes in the country.The Prohibition of Electronic Cigarettes Bill, 2019, was passed in Rajya Sabha with voice...

Younger millennials and Gen Z fuelling Indian credit card business

by AIP Online Bureau | Dec 1, 2019 | Eco/Invest/Demography, Facts

  For every 100 people in India, there are only three credit cards. A comparable penetration figure for the US is 320.   Statistics like these suggest that India’s first initial public offering of a credit card issuer is either an opportunity with...

Phenomenal reform momentum in first six months of Modi 2.0 govt: PM

by AIP Online Bureau | Nov 30, 2019 | Eco/Invest/Demography, Indian News

  New Delhi: Prime Minister Narendra Modi on Saturday said that his government has completed six months during which India has witnessed "phenomenal reform momentum."   Modi took to social media saying, "From ending of Article 370 to economic...
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