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Divided G20 admits worsening trade wars pose risk to world economy

by AIP Online Bureau | Jun 9, 2019 | Eco/Invest/Demography, International News, Risk Management

FUKUOKA (JAPAN): The world's top financial policymakers admitted Sunday that trade tensions had worsened and posed a risk for the global economy, after a G20 meeting that laid bare differences between the United States and other nations.   Following 30 hours...

Now weather forecasters shield India Inc from rainy days

by AIP Online Bureau | Jun 9, 2019 | Eco/Invest/Demography, Indian News, Risk Management, Technology

  New Delhi/Mumbai: A myriad of meteorological firms are empowering India Inc with superior climatic predictions to turn this once erratic factor into an all-weather ally.   Interestingly, all major verticals of the economy like agriculture, power...

Indian aviation market facing very tough competition; cost environment unfavourable: IATA

by AIP Online Bureau | Jun 9, 2019 | Eco/Invest/Demography, International News, Risk Management

  Seoul: Indian airlines are facing very tough competition and the cost environment too is not in their favour, IATA chief Alexandre de Juniac has said, amid more than 25-year-old Jet Airways shuttering operations. India was one of the fastest growing domestic...

Cyclone Fani caused loss of over Rs 9,000 crore to Odisha

by AIP Online Bureau | Jun 9, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News

  Bhubaneswar: Cyclone 'Fani' that ravaged Odisha's coastal districts and killed 64 people last month caused a total loss of Rs 9,336.26 crore, a senior official said Thursday.   While the calamity caused a loss of Rs 6,643,63 to public...

Union Health Harsh Vardhan Minister hits back at Kejriwal over Ayushman Bharat

by AIP Online Bureau | Jun 9, 2019 | Health, Indian News

New Delhi: Union Health Minister Harsh Vardhan on June 8 rebutted Arvind Kejriwal's claim that Delhi government's health scheme is "ten times bigger and comprehensive" than the Centre's flagship Ayushman Bharat programme and said the chief...

India has 597 ATMs less in 2019 than 2017: RBI report

by AIP Online Bureau | Jun 8, 2019 | Data, Eco/Invest/Demography

  NEW DELHI: The number of ATMs in India dropped to 2,21,703 as on March 31, 2019 from 2,22,300 at the end of 2017, recording a decrease of 597 ATMs during the period, according to a report released by the Reserve Bank of India.    India also has one of...

Monsoon hits Kerala coast today a week after delay, may slow down sowing of crops

by AIP Online Bureau | Jun 8, 2019 | Eco/Invest/Demography, Indian News

  New Delhi:  After a delay of a week, monsoon hit the Kerala coast on Saturday, marking the official commencement of the four-month rainfall season in the country.   "Monsoon has made an onset over Kerala today (June 8)," said India...

Draft law proposes 10-year jail term for dealing in cryptocurrency

by AIP Online Bureau | Jun 7, 2019 | Eco/Invest/Demography, Indian News, Risk Management, Technology

NEW DELHI: Holding, selling or dealing in cryptocurrencies such as Bitcoin could soon land you in jail for 10 years.    The "Banning of Cryptocurrency and Regulation of Official Digital Currency Bill 2019" draft has proposed 10-year prison sentence...

How Internet may be changing your brain

by AIP Online Bureau | Jun 7, 2019 | Facts, Risk Management, Technology

  Given we now have most of the world's factual information literally at our fingertips, this appears to have the potential to begin changing the ways in which we store, and even value, facts and knowledge in society, and in the brain," said Firth....

U.S. impacted by most May tornadoes since 2015, storms and floods leave costly financial toll

by AIP Online Bureau | Jun 7, 2019 | Disaster & Management, Eco/Invest/Demography, International News

  CHICAGO: Aon plc in its  latest edition of its monthly Global Catastrophe Recap report, evaluating  the impact of the natural disaster events that occurred worldwide during May 2019, has said that the total economic and insured losses in the US...
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