Banking Awareness 08th January 2017 | Financial Affairs 08th January 2017.

Indian IT stares at talent shortage in digital, cloud skills

Talent shortage looming in India’s tech

With technology shifts, where automation and artificial intelligence takes over routine jobs such as testing and bug fixing, and cloud and digital implementation, Indian firms are struggling to scale resources for the new challenge.

Vishal Sikka

CEO Infosys

Replace Modi with Advani, says Mamata

she’s a comic figure, retorts BJP

The Bharatiya Janata Party hit out at West Bengal Chief Minister Mamata Banerjee saying she has become a comic figure after her recent comment that Prime Minister Narendra Modi should go and a new national government should be formed at the Centre.

BJP leaders

LK Advani, Rajnath Singh and Arun Jaitley.

Election Commission seeks Centre’s stand on Oppn budget delay demand

Done by the Election Commission as per normal procedure.

The Election Commission of India (ECI) has written to Cabinet Secretary Pradeep Kumar Sinha, seeking Centre’s stand on the Opposition’s plea to postpone the Budget presentation to a day after March 8, the last date of polling in Uttar Pradesh.

March 8

UP election last date.

Now, Syndicate Bank cuts lending rate by up to 1%

MCLR reduced by 0.7%

Public sector Syndicate Bank on Friday slashed its benchmark lending rate by up to 1 per cent, in the footsteps of bigger lenders like SBI, ICICI Bank and others.

8.35%

MCLR-(marginal cost of funds based lending rate ) .

Vodafone to offer unlimited 3G, 4G data

1 hr at Rs 16.

Telecom operator Vodafone has announced a SuperHour scheme under which it will offer unlimited 3G or 4G data for one hour at a starting price of Rs 16 for pre—paid customers.

Unlimited voice call

With one hour validity for Rs 7.

Gadkari seeks Rs. 5,000 cr. fund to fix urban traffic

The minister expressed concerns over the rising road accidents

A dedicated Rs. 5,000 crore fund to decongest city roads and address frequent traffic snarls could be in the offing in the coming Union Budget, with Road Transport and Highways Minister Nitin Gadkari proposing the creation of such a fund to the Finance Ministry.

Nitin Gadkari

Road Transport and Highways Minister.

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