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Boeing CEO concedes ‘mistake’ with planes in 2 fatal crashes 

by AIP Online Bureau | Jun 16, 2019 | International News, Risk Management, Technology

  The CEO of Boeing says the company made a “mistake'' in handling a problematic cockpit warning system in 737 Max jets before two deadly crashes of the top-selling plane.  Chief Executive Dennis Muilenburg told reporters in Paris on Sunday...

Rainfall deficiency hits 43%; Monsoon progress likely in next 2-3 days: IMD

by AIP Online Bureau | Jun 16, 2019 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

   New Delhi: Monsoon is expected to advance further up north as Cyclone Vayu loses intensity paving the way for the wind system to move towards the Arabian Sea, the weatherman said Sunday. By now, monsoon should have reached the central India, including...

WHO likely to declare Ebola an international emergency: Experts

by AIP Online Bureau | Jun 16, 2019 | Eco/Invest/Demography, Health, International News, Non-Life, Risk Management

Geneva: The World Health Organization (WHO) should and is likely to declare an international emergency over the Ebola epidemic in the Democratic Republic of Congo that has now spread to Uganda, experts said as a WHO advisory panel met on June 19.   The Ebola...

Making India USD 5 trn economy challenging but surely achievable: Modi

by AIP Online Bureau | Jun 16, 2019 | Eco/Invest/Demography, Indian News

  New Delhi: Prime Minister Narendra Modi on Saturday said the goal of making India a USD 5 trillion economy by 2024 is challenging but surely achievable, as he asked states to focus on their core competencies and work towards increasing the GDP right from the...

FPIs remain net buyers in June, invest Rs 11,132 crore

by AIP Online Bureau | Jun 16, 2019 | Eco/Invest/Demography, Indian News

New Delhi: Foreign investors remained net buyers in the domestic capital markets in June, pouring in a total of Rs 11,132 crore on a net basis this month so far, according to depositories' data.    Foreign portfolio investors (FPI) pumped in a net sum of...

Will provide clean drinking water to every household by 2024, says PM Modi

by AIP Online Bureau | Jun 16, 2019 | Eco/Invest/Demography, Health, Indian News

New Delhi: Prime Minister Narendra Modi said on Saturday that piped water will reach all homes in the countryside by 2024, setting a tough target at a time when hundreds of millions don't have access to clean water.   Water is typically scarce in the summer...

India to become 5 trillion dollar economy by 2024: Hardeep Singh Puri 

by AIP Online Bureau | Jun 14, 2019 | Eco/Invest/Demography, Indian News

NEW DELHI: India is set to become a five trillion dollar economy by 2024 and is likely to overtake the UK this year to become the fifth largest economy in the world, Union Minister Hardeep Singh Puri said Friday. The Union minister for housing and urban affairs was...

Nine more children die in Bihar, toll rises to 63

by AIP Online Bureau | Jun 14, 2019 | Eco/Invest/Demography, Health, Indian News

  PATNA/MUZAFFARPUR Nine more children died on Friday in Bihar's Muzaffarpur district, which is reeling under an outbreak of brain fever, taking the toll to 63 this month, with officials maintaining the death were due to hypoglycemia.    All the...

RBI asks banks to grout ATMs to wall, pill or floor to enhance security

by AIP Online Bureau | Jun 14, 2019 | Banking & Bancassurance, Indian News, Risk Management

  Mumbai: The Reserve Bank on June 14 asked banks to ensure their ATMs are grouted to a wall, pillar, or floor by September-end, except those installed in high secured premises such as airports, to enhance security of the cash vending machines. In 2016, the RBI...

Uber, Lyft appeal for deal on driver status as independent contractors

by AIP Online Bureau | Jun 14, 2019 | Eco/Invest/Demography, International News, Risk Management, Technology

Faced with legislation in California that endangers their business model, Uber Technologies Inc. and Lyft Inc. are urging a compromise that would keep their drivers from being considered employees.   “We can make independent work better if we update...
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