by AIP Online Bureau | Oct 17, 2019 | Eco/Invest/Demography, Indian News
Washington: Investors can find no better place in the world than India that has a democracy loving and capitalist respecting environment, Union Finance Minister Nirmala Sitharaman has said. She also assured international investors at an interaction...
by AIP Online Bureau | Oct 17, 2019 | Eco/Invest/Demography, Indian News
New Delhi: Karnataka has topped the first-ever innovation ranking of states, followed by Tamil Nadu and Maharasthra, a Niti Aayog sponsored report said on Thursday. Bihar, Jharkhand and Chhattisgarh, on the other hand, trailed on the list. The India...
by AIP Online Bureau | Oct 17, 2019 | Eco/Invest/Demography, International News
Brussels: Britain and the European Union said Thursday that they have struck an outline Brexit deal after days of intense see-saw negotiations — though it must still be formally approved by the bloc and ratified by the European and UK Parliaments. ...
by AIP Online Bureau | Oct 17, 2019 | Eco/Invest/Demography, Indian News, Non-Life
NEW DELHI: In a push to domestic drone manufacturing, India's civil aviation regulator DGCA has given nod the for companies to manufacture Unmanned Aircraft Systems (UAS). In an interview to IANS, Directorate General of Civil Aviation (DGCA) Director...
by AIP Online Bureau | Oct 17, 2019 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
LONDON: Companies are stepping up purchases of insurance to protect themselves against insolvencies in Britain, industry sources say, in part due to concerns about the impact of Brexit.The UK economy is feeling the pinch from the political uncertainty, which has hit...
by AIP Online Bureau | Oct 17, 2019 | Indian News, Non-Life
Mumbai: Australian major Insurance Australia Group (IAG), the foreign partner in the SBI General Insurance(SBIG), has finally fully exited the company by selling its 26 per cent to two private equity players,Premji Invest (Premji) and Warburg Pincus Group...
by AIP Online Bureau | Oct 16, 2019 | Indian News, Non-Life
New Delhi: FAL Corporation, part of Canada-based Fairfax Financial Holdings, on Wednesday exited ICICI Lombard General Insurance Company by selling shares worth nearly Rs 2,627 crore. At the end of June, FAL Corp held around 4.50 crore shares or 9.90 per...
by AIP Online Bureau | Oct 16, 2019 | Banking & Bancassurance, Eco/Invest/Demography, Facts
Washington:: India has halved its poverty rate since the 1990s and achieved a seven plus growth rate over the last 15 years, the World Bank said on Tuesday. India is both critical to the success of global development efforts, including eliminating extreme...
by AIP Online Bureau | Oct 16, 2019 | Eco/Invest/Demography, Facts
India has slipped to 102 position in the Global Hunger Index 2019 of 117 countries, slipping from its 2018 position of 95 and behind its neighbours Nepal, Pakistan and Bangladesh. Seventeen countries, including Belarus, Ukraine, Turkey, Cuba and Kuwait,...
by AIP Online Bureau | Oct 15, 2019 | Eco/Invest/Demography, International News, Non-Life
French insurer AXA is considering selling its Central European business as part of a restructuring to quit markets where it lacks scale, three sources familiar with the situation said. AXA is undergoing a deep restructuring to help it cope with a negative...
