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RBI to improve data analytics system for banking industry

by AIP Online Bureau | Sep 25, 2018 | Indian News, Technology

  Mumbai: The Reserve Bank of India is now making efforts to further improve the data analytics system adopted by the banking industry.    Goutam Chatterjee, Principal adviser, Department of  of Statistics & Information Management, RBI said,...

UK Finance Minister Urges EU to Help Devise Hard-Brexit Contingency Plans: Reuters

by AIP Online Bureau | Sep 25, 2018 | International News

    London: Britain’s finance minister urged the European Commission to help devise European contingency plans for the financial sector in case of no deal on Brexit, pointing to growing concerns about a disorderly departure from the European Union....

Domestic air passengers grew 17.17% to 11.35 million in August

by AIP Online Bureau | Sep 24, 2018 | Data

  Country's domestic passenger traffic grew over 17 percent to 11.35 million in August over the same period year ago even as the average seat factor of all major carriers declined compared to July, DGCA data show.   Besides, budget carrier SpiceJet...

India has 19 judges per 10 lakh people: Data

by AIP Online Bureau | Sep 24, 2018 | Data, Risk Management

  India has 19 judges per 10 lakh people on an average, according to a Law Ministry data which also states that the judiciary faces a combined shortage of over 6,000 judges, including over 5,000 in the lower courts itself. According to the data, part of a...

Monsoon rains to start withdrawing from Saturday: MET Department

by AIP Online Bureau | Sep 24, 2018 | Indian News

  New Delhi: India's June-September monsoon rains are likely to start withdrawing from the northwest from Saturday, the India Meteorological Department (IMD) said on Monday.   The monsoon usually starts withdrawing in the first week of September, but...

Porsche first German carmaker to abandon diesel engines

by AIP Online Bureau | Sep 24, 2018 | International News, Risk Management, Technology

  Stuttgart: Sports car maker Porsche said Sunday it would become the first German auto giant to abandon the diesel engine, reacting to parent company Volkswagen's emissions cheating scandal and resulting urban driving bans. "There won't be any...

Government mulls ordinance to fast track settlement of commercial disputes

by AIP Online Bureau | Sep 23, 2018 | Indian News, Risk Management

  NEW DELHI: Seeking to improve India's ranking on ease of doing business index, the government is mulling an ordinance which provides for time-bound settlement of commercial disputes and make arbitrators accountable, a senior government functionary has said....

Govt to start merging regional rural banks, to cut tally to 36

by AIP Online Bureau | Sep 23, 2018 | Indian News

  New Delhi: The government has initiated consolidation of regional rural banks along with the public sector lenders and intends to bring down their number to 36 from the existing 56. In this regard, the Centre has begun consultations with states as they are one...

PM Modi rolls out PMJAY-Ayushman Bharat scheme to ‘serve poor’

by AIP Online Bureau | Sep 23, 2018 | Health, Indian News

  Ranchi: Prime Minister Narendra Modi on Sunday launched the 'Ayushman Bharat -Pradhan Mantri Jan Aarogya Yojana (AB-PMJAY)' in Ranchi.The scheme, touted as the "worlds largest government funded healthcare programme", targets more than 500...

Contingent workforce continues to thrive in Asia Pacific: Report

by AIP Online Bureau | Sep 23, 2018 | Facts

  Companies in the Asia Pacific region including India are integrating freelancers, independent contractors and consultants at a rapid rate into their existing pool of employees, says a report.    According to a KellyOCG's Workforce Agility...
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