Govt to sell 100% stake in Air India, says Puri

The government has decided to sell its entire 100 per cent stake in Air India under the proposed disinvestment process, Union minister Hardeep Singh Puri said on Thursday. The national carrier, which has a debt burden of more than Rs 50,000 crore, has been making loss for long and as part of revival efforts, the … Read moreGovt to sell 100% stake in Air India, says Puri

Not worried over slow rate of GDP growth: Pranab Mukherjee

“I am not worried over the slow rate of GDP growth in the country. Certain things happening will have its impact,” said the former President Pranab Mukherjee on Wednesday while addressing an event in Kolkata. Mukherjee, who also served as the finance minister in the UPA govt, further said there is nothing wrong in public … Read moreNot worried over slow rate of GDP growth: Pranab Mukherjee

AdWise counselling: ‘Targets which weren’t set’

Are you dealing with a tough boss? Are your colleagues being mean to you? Is your workplace culture hindering your growth?Talk to us. Our panel of experts will assist you in resolving your workplace related matters. ‘AdWise’ will appear every Thursday to help you with your workplace matters. Write to us at adwise@timesgroup.com Please follow … Read moreAdWise counselling: ‘Targets which weren’t set’

Telcos need govt help to survive: Sunil Mittal

Sunil Mittal, the chairman of Bharti Airtel, said on Wednesday that the telecom industry is passing “through its most difficult period” in the past 25 years and needs “protection” and “sympathetic view” of the government to survive the unprecedented financial distress, which has been aggravated after the October 24 adjusted gross revenue (AGR) judgement of … Read moreTelcos need govt help to survive: Sunil Mittal

Government eases lending rules for weak shadow banks

India’s federal cabinet has approved easier lending rules for shadow banks, the government said on Wednesday, to help them get more access to funds. The government said it would allow state-run banks to get partial guarantees against the purchase of BBB+ rated securities of these shadow banks in addition to existing norms for AA or … Read moreGovernment eases lending rules for weak shadow banks

21,467 Indian websites hacked in 2019 till October

Over 21,400 Indian websites were hacked this year up to October, Parliament was informed on Wednesday. “As per the information reported to and tracked by CERT-In, a total number of 33,147, 30,067, 17,560 and 21,467 Indian websites were hacked during the year 2016, 2017, 2018 and 2019 (till October), respectively,” minister of state for electronics … Read more21,467 Indian websites hacked in 2019 till October

Why GST rates on various items may go up

With pressure on revenue collection, the goods and services tax rates and slabs may be raised during the GST Council meeting next week. The all-powerful GST Council, headed by finance minister Nirmala Sitharaman, is set to meet on December 18 in the backdrop of lower-than-expected GST collection and pending compensation to many states. Please follow … Read moreWhy GST rates on various items may go up

AI in class: Is it reducing human interaction?

Wreinda Prasad is a chirpy, confident class VIII student who is writing exams set by a machine. “The questions I get are customised to my pace of learning and I do well in these tests. I feel more confident and want to learn more,” says Prasad who studies at Mount Zion school, Gangtok. Please follow … Read moreAI in class: Is it reducing human interaction?

First commercial electric plane takes flight

The world’s first fully-electric commercial aircraft took its inaugural test flight. The e-plane is a 62-year-old, six-passenger DHC-2 de Havilland Beaver seaplane retrofitted with an electric motor. The flight lasted less than 15 minutes. An aircraft like the one flown on Tuesday could only fly about 160 kilometres on lithium battery power. Please follow and … Read moreFirst commercial electric plane takes flight