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Govt cuts effective corporate tax rate to 25.75% to revive investment,market responds with a massive surge

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

  PANAJI: Indian Finance Minister Nirmala Sitharaman announced a slew of measures on Friday to revive sagging investment in Asia’s third largest economy including a cut in corporate taxes.   Sitharaman told a news conference that the effective...

‘Have to do it’: Jeff Bezos sets deadline for Amazon to be carbon neutral

by AIP Online Bureau | Sep 19, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts

Amazon.com Inc Chief Executive Officer Jeff Bezos on Thursday committed the company to being carbon neutral by 2040 and said part of that pledge is an order for 100,000 electric delivery vans from a start-up the online retailer has invested in.   Cutting...

Google sets up AI research lab in Bengaluru

by AIP Online Bureau | Sep 19, 2019 | Eco/Invest/Demography, Indian News, Technology

  New Delhi: Google on Thursday said it is setting up an artificial intelligence research unit at Bengaluru as the tech giant looks to continue developing products for India and taking them to global markets. Google Research India, the artificial intelligence...

India tells tech firms to protect user privacy, prevent abuse

by AIP Online Bureau | Sep 19, 2019 | Eco/Invest/Demography, Indian News, Technology

  NEW DELHI: Technology firms must protect user privacy and prevent abuse of their platforms, India's IT minister said on Thursday, speaking as the government draws up a data privacy law and seeks to push companies to store more data locally.  ...

Willis Research Network partnership to focus on natural air traffic hazards

by AIP Online Bureau | Sep 19, 2019 | Intermediaries, International News, Non-Life, Reinsurance

  London: The Willis Research Network (WRN) announced a new partnership with Mitiga Solutions, which will provide leading-edge volcanic ash cloud and sandstorm forecasting to aviation and aerospace clients to optimise air traffic management.   This new...

RFIB granted Hong Kong licence

by AIP Online Bureau | Sep 19, 2019 | Intermediaries, International News, Non-Life, Reinsurance

London: RFIB Group Limited, the international insurance and reinsurance broker, announced that its Hong Kong subsidiary has been admitted as a member of the Hong Kong Confederation of Insurance Brokers and is approved to transact general insurance.   Stephen...

Lloyd’s returns to profit in 1st Half after 2 full years of losses

by AIP Online Bureau | Sep 18, 2019 | International News, Non-Life, Reinsurance

  London: Lloyd’s Returns to Profit in 1st Half After 2 Full Years of LossesLloyd’s of London, the world’s biggest insurance market, returned to profit in the first half after two full-year losses.   The more than 300-year-old corporation...

India announces ban on electronic cigarette sales

by AIP Online Bureau | Sep 18, 2019 | Eco/Invest/Demography, Health, Indian News, Non-Life

  New Delhi: India announced on Wednesday a ban on the sale of electronic cigarettes, as a backlash gathers pace worldwide about a technology promoted as less harmful than smoking tobacco.   The announcement by India came a day after New York became the...

New York state bans flavored e-cigarettes

by AIP Online Bureau | Sep 18, 2019 | Eco/Invest/Demography, Health, International News

New York: New York became the second state to ban flavored e-cigarettes on Tuesday after its Democratic governor called for emergency action in response to concerns about their rising use among teens and a nationwide spate of lung illnesses. Governor Andrew Cuomo on...

Governance is the most influential ESG factor for both banks & NBFI:Fitch

by AIP Online Bureau | Sep 17, 2019 | Eco/Invest/Demography, International News

  Hong Kong/New York/London: Fitch Ratings has launched an ESG 'heat map' covering 29 different sub-sectors for Financial Institutions to provide further insight into the relevance of Environmental, Social, and Governance (ESG) factors to credit ratings....
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