A University of Oxford study has revealed that by the year 2033, as many as 47% of modern day job roles could be claimed by automation.

Take for instance the hospitality industry, it will experience or be exposed to technological advances in four areas in 2017.

Wipro Chief Azim Premji today said the implementation of smart city project in India unfortunately has been shallow, despite catching a lot of attention from Prime Minister Narendra Modi. “It is very unfortunate that the smart city project has caught a lot of attention from Prime Minister etc, but its implementation has been shallow,” Premiji said in an interaction with the students at the celebrations of Wipro’s 2016 earthian awards here.

The smart city mission is one of the flagship programmes of NDA government, which was announced on June 25, 2015.

The National Eligibility-cum- Entrance Test (NEET-UG) 2017 for admission to medical colleges across the country will be considered as the first out of three available attempts for all the candidates, the Central Board of Secondary Education (CBSE) clarified on Sunday.

"It has been clarified by the Medical Council of India that the attempts made by candidates for AIPMT/NEET prior to 2017 should not be counted and accordingly appearance in NEET-2017 will be counted as the first attempt for all the candidates, irrespective of their previous attempts in AIPMT/NEET," CBSE stated in a statement.

NEW DELHI: Ruling out rollback of the proposal to restrict tax incentive for second home to Rs 2 lakh per annum, revenue secretary Hasmukh Adhia on Saturday said there is no point in subsidising purchase of second property by those who have surplus funds.

Moreover, he added that the tax incentive for second home loan borrower is being "virtually misused."

Mumbai: The post-Budget climb went on for the third day as the Sensex managed to close at 28,241 with a minuscule gain after a monthly survey suggested that Reserve Bank has much headroom to stay accommodative in its policy meet next week.

Aided by banking and healthcare stocks, the 30-share Sensex moved sideways for much of the session before settling at 28,240.52, up 13.91 points, or 0.05%. The previous two sessions have seen a rally of 570.65 points after the Union Budget was greeted positively by investors. The 50-share NSE Nifty settled at 8,740.95, up 6.70 points, or 0.08%.

New Delhi: Public sector Punjab National Bank (PNB) on Friday said it will help India Post Payments Bank (IPPB) set up pilot branches.

India Post Payments Bank and PNB have signed a memorandum of understanding (MoU) to achieve strategic depth in financial inclusion (FI), PNB said in a statement.

New Delhi: Vikram Limaye will be the new managing director and chief executive officer (MD and CEO) of National Stock Exchange of India Ltd, said two people with direct knowledge of the matter. Limaye was chosen by a selection panel and his appointment approved by the board of India’s largest stock exchange on Friday, they said.

The appointment of Limaye, 50, currently CEO and MD of IDFC Ltd, an infrastructure financing firm, will have to be cleared by the Securities and Exchange Board of India (Sebi), the people said on condition of anonymity.

State-owned Union Bank of India and private-sector lender Kotak Mahindra Bank have reduced their marginal cost of funds-based lending rates (MCLR), effective February 1. While Union Bank’s one-year MCLR now stands 15 basis points (bps) lower at 8.5%, the corresponding figure for Kotak Mahindra Bank came down 15 bps to 8.85%.

Union Bank’s overnight MCLR now stands at 8% and those on tenures between one month and three years range between 8.2% and 8.6%. Rates are down 15 bps across tenures.

From March 1, people will no longer be able to log in to version 7.16 of Skype for Windows desktop and older versions, and version 7.18 of Skype for Mac. According to a report in Venture Beat, both the versions came out in December 2015. “If you’re one of those users, all you’ll need to do is download the new update,” the Skype team said in a blog post on Friday.

To improve Skype, Microsoft has rolled out various changes like migrating the app to its Azure public cloud infrastructure, and adding chatbots.

An audit report by the Comptroller and the Auditor General of India (CAG), tabled in Parliament on Friday, indicated structural fuel management inefficiencies at coal-based power plants of NTPC. This resulted in increased fuel cost of power stations and cost of energy to consumers. The auditor said that through its 13 specified power stations, NTPC incurred additional expenditure of Rs 6,869.95 crore over 2010-16 in procurement of domestic coal itself.

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