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Govt finalising new IT rules for social media entailing traceability of info originator

by AIP Online Bureau | Nov 21, 2019 | Eco/Invest/Demography, Indian News, Risk Management, Technology

  New Delhi:  The government is finalizing new IT rules for social media companies that would mandate traceability of originator of information on such platforms and removal of malicious content within 24 hours of notice, Parliament was informed on Thursday....

Achieving $5-trn GDP target simply out of question: Ex-RBI Guv Rangarajan

by AIP Online Bureau | Nov 21, 2019 | Eco/Invest/Demography, Indian News

  Ahmedabad: Stating that the economy is in bad shape, former Reserve Bank governor C Rangarajan has said at the current growth rate, reaching the USD 5-trillion GDP target by 2025 is "simply out of question".   The Modi government soon after...

Develop ways to detect fraud, contribute to Rs 5 trn economy aim: PM to CAG

by AIP Online Bureau | Nov 21, 2019 | Eco/Invest/Demography, Indian News, Policy, Risk Management

  New Delhi: Prime Minister Narendra Modi on Thursday asked auditor CAG to develop technical tools to check fraud in government departments and play a role in making India a $5 trillion economy.   He was addressing a conclave of the Comptroller of Auditor...

Watch Out Finance, Business, Tech Workers. Artificial Intelligence Is Coming.

by AIP Online Bureau | Nov 21, 2019 | Articles, Eco/Invest/Demography, Technology

. Artificial intelligence is coming for America’s high-paid professions as it creates winners and losers across the labor market like never before.   White-collar jobs and better-educated occupations along with production workers are among the most...

Climate impacts to cost world US$7.9 trillion by 2050: report

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

  Paris:  Climate change could directly cost the world economy US$7.9 trillion by mid-century as increased drought, flooding and crop failures hamper growth and threaten infrastructure, new analysis showed Wednesday.   The Economist Intelligence...

Vulnerability detected in WhatsApp; CERT-In issues advisory

by AIP Online Bureau | Nov 21, 2019 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology

  New Delhi: An Indian cyber security agency has warned WhatsApp users against a "vulnerability" that can attack this popular social media messaging app and compromise individual system without seeking permissions.   The Computer Emergency Response...

Aon to acquire small-medium business digital insurance agency Cover Wallet

by AIP Online Bureau | Nov 20, 2019 | Intermediaries, International News, Non-Life

  LONDON: Aon plc  announced today that it has entered into a definitive agreement to acquire CoverWallet, the leading digital insurance platform for small and medium-sized businesses.   The acquisition provides Aon with additional access to the...

Cabinet approves Industrial Relations Code Bill

by AIP Online Bureau | Nov 20, 2019 | Eco/Invest/Demography, Health, Indian News, Workplace/Employee Benefits

  New Delhi: The Centre approved on Wednesday the Industrial Relation Code Bill, which is the third code under labour reforms.   The government wants to codify 44 central labour laws into four broad codes.   While the Code on Wages has already been...

Cabinet approves a single regulator for all financial services in GIFT City

by AIP Online Bureau | Nov 20, 2019 | Eco/Invest/Demography, Indian News, Non-Life, Pension & Social Security, Regulation

  New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said the Union Cabinet chaired by the Prime Minister Narendra Modi has approved establishment of a unified authority for regulating all financial services in International Financial Services...

Cabinet approves strategic disinvestment of BPCL, 4 other PSUs

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

  New Delhi: In the biggest privatisation drive ever, the Union Cabinet on Wednesday approved sale of government's stake in blue-chip oil firm BPCL, shipping firm SCI and onland cargo mover Concor, as well as decided to cut shareholding in select public...
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