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Bihar: 19 NDRF teams deployed in flood-affected areas

by AIP Online Bureau | Sep 30, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News

  New Delhi: As many as 19 teams of National Disaster Response Force (NDRF) have been deployed in Bihar, where normal life has been affected due to incessant rainfall. NDRF teams are carrying out rescue and evacuation operations along with other agencies in the...

Foreign investors pour in Rs 7,714 cr into domestic capital markets in Sept

by AIP Online Bureau | Sep 29, 2019 | Eco/Invest/Demography, Indian News

Mumbai: After remaining net sellers for the past two months, foreign investors infused a net Rs 7,714 crore into the domestic capital markets in September following a slew of economic reforms by the government.   The Centre last week slashed corporate tax rate by...

PAN-Aadhaar linking date extended to 31 December

by AIP Online Bureau | Sep 28, 2019 | Eco/Invest/Demography, Indian News, Policy

New Delhi: The deadline to link the Permanent Account Number (PAN) with Aadhaar has been extended till December 31, a CBDT order said on Saturday.   Earlier, the deadline was September 30.   This is the seventh time that the government has extended the...

Parametric catastrophe facility CCRIF pays $12.8 mln to Bahamas for Dorian damages

by AIP Online Bureau | Sep 28, 2019 | Disaster & Management, Eco/Invest/Demography, International News

  CCRIF has made two payouts to the government of The Bahamas totaling US$12.8 million in the aftermath of Hurricane Dorian, which caused widespread destruction in the northern part of the archipelago.   A CCRIF team, led by its CEO Isaac Anthony, will visit...

Anil Ambani’s Reliance Capital completes 21.54% stake sale in mutual fund arm

by AIP Online Bureau | Sep 28, 2019 | Indian News, Life, Non-Life

  Mumbai: Reliance Capital has announced the completion of 21.54 per cent stake sale in its mutual fund arm RNAM to joint venture partner Japan’s Nippon Life Insurance for Rs 3,030 crore. The company will further monetise its balance 4.28 per cent stake in...

Europe’s money laundering scandals expand with criminal probe of ABN Amro

by AIP Online Bureau | Sep 28, 2019 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management

Europe’s widening money laundering scandals took a new turn as ABN Amro Bank NV disclosed a criminal probe over alleged failures to check on clients and report suspicious transactions, a further sign of woe in an industry already struggling to grow...

Vaping now linked to 12 deaths, 805 illnesses in U.S

by AIP Online Bureau | Sep 28, 2019 | Health, International News, Non-Life

  U.S. health officials on Thursday reported 805 confirmed and probable cases and 12 deaths so far from a mysterious respiratory illness tied to vaping, with the outbreak showing no signs of losing steam.   Last week, the U.S. Centers for Disease Control and...

U.N. science panel warns climate impacts on oceans include rising seas, dry rivers

by AIP Online Bureau | Sep 26, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

Scientists behind a landmark study of the links between oceans, glaciers, ice caps and the climate delivered a stark warning to the world on Wednesday: slash emissions or watch cities vanish under rising seas, rivers run dry and marine life collapse.   Days after...

Boeing vows new safety panel, design changes in response to 737 Max crashes

by AIP Online Bureau | Sep 26, 2019 | Reinsurance, Risk Management, Technology

  Boeing Co. aims to sharpen its focus on safety after the 737 Max’s grounding ends, forming a new oversight panel and recommending changes to the planemaker’s structure and design practices after two crashes that killed 346 people.   The...

Multiple cyber attacks on Airbus suppliers; possible link to China: Report

by AIP Online Bureau | Sep 26, 2019 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

  Paris: European aerospace giant Airbus has been hit by a series of attacks by hackers who have targeted its suppliers in their search for technical secrets, security sources told AFP, adding they suspected a China link.   There have been four major attacks...
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