by AIP Online Bureau | Nov 4, 2018 | Indian News, Risk Management, Technology
Mumbai: In a first for India, British banking major HSBC has executed a trade finance transaction involving an export by Reliance Industries to an American client using the blockchain, which massively reduced the time taken for processing the documents. ...
by AIP Online Bureau | Nov 4, 2018 | Indian News
New Delhi: About 7.5 million new tax filers have been added to the income tax payers list in the country this fiscal till now, a senior official said. The target for the taxman is to add 12.5 milllion fresh tax filers by the end of the 2018-19 financial...
by AIP Online Bureau | Nov 4, 2018 | International News, Reinsurance
NEW YORK: Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating profit doubled as its insurance business dodged hurricanes and benefited from lower taxes. The strong result gives Buffett more...
by AIP Online Bureau | Nov 4, 2018 | Indian News, Risk Management
Mumbai: The Reserve Bank has initiated steps to set up a wide-based digital Public Credit Registry (PCR) to capture details of all borrowers, including wilful defaulters and also the pending legal suits in order to check financial delinquencies. The PCR...
by AIP Online Bureau | Nov 4, 2018 | Indian News, Risk Management
Mumbai: Overseas investors pulled out a massive Rs 389 billion (over $5 billion) from the capital markets in October, the steepest outflow in nearly two years, on rising crude oil prices, depreciating rupee and worsening current account deficit. With...
by AIP Online Bureau | Nov 4, 2018 | Facts, Reinsurance
If you want to know the future of transport, make sure you never listen to the prophets. A decade ago, the most bracing visions of travel were being promulgated by Airbus SE and Tata Motors Ltd. The double-decker Airbus A380, which entered service in...
by AIP Online Bureau | Nov 4, 2018 | Indian News, Risk Management
New Delhi: In a step towards ensuring counterfeits of popular branded products are not sold on online marketplaces, the Delhi High Court has directed an e-commerce platform to make sure that each item put up for sale on its site is genuine. Justice Pratibha M...
by AIP Online Bureau | Nov 4, 2018 | Climate, Environment, Renewable Energy, Health, International News, Technology
Seattle: For Microsoft CEO Satya Nadella, quantum computing is among three technologies — the other two being Artificial Intelligence (AI) and Mixed Reality — that will soon disrupt the status quo, impacting our lives, communities and...
by AIP Online Bureau | Nov 3, 2018 | Health, Indian News
Patna: The Bihar cabinet on Saturday gave its nod for redevelopment of Patna Medical College and Hospital (PMCH) into a world’s largest 5462 bed hospital at an estimated cost of Rs 5540.07 crore. The decision was taken at a meeting chaired by Chief...
by AIP Online Bureau | Nov 3, 2018 | Facts, Health
Doctors in the national capital Saturday said the impact of air pollution on public health can be compared to smoking of 15-20 cigarettes a day. “I have seen a change in the colour of lungs over the past 30 years that I have been operating....
