Major new reports from the World Travel & Tourism Council (WTTC) and Microsoft highlight the transformative power of AI (Artificial Intelligence) for Travel & Tourism, marking a commitment to a digital future with unparalleled customer experiences. The first in a series of AI reports, announced during the global tourism body’s event at FITUR and in collaboration with WTTC’s Industry Partner, Microsoft, is poised to redefine Travel & Tourism standards and call on the sector for greater integration of such technologies. As the global leader in Travel & Tourism, WTTC is committed to driving innovation and supporting the sector to embrace…
Author: Editor's Desk, Tattva News
Listed private sector banks posted a strong 23.8% YoY net profit growth, reaching US$ 5.2 billion (Rs. 43,543 crore) in Q3 FY24, driven by high credit offtake and cost reductions. However, sequential profit growth slowed to 1.8% from Q2 FY24 due to the impact of fund costs on net interest income (NII). NII expanded by 16.3% YoY to US$ 10.8 billion (Rs. 89,878 crore) in Q3 FY24, reflecting benefits from loan repricing and higher-rate credit disbursement. Banks, prioritizing asset quality amidst competition, limited room for lending rate increases, noted Sanjay Agarwal of CareEdge. RBI data indicated a rise in weighted…
In December 2021, Alappuzha witnessed the tragic and violent deaths of 38-year-old K.S. Shan, the State Secretary of the Social Democratic Party of India (SDPI), and 40-year-old Ranjith Sreenivas, a BJP leader. Both individuals fell victim to brutal murders in separate incidents within a span of less than 12 hours. Shan was the first to be attacked at Kuppezham Junction in Mannancherry on a Saturday night. On the same night, Sreenivas, the State Secretary of the BJP’s OBC Morcha and a lawyer, was assaulted at his home in Vellakinar. The Mavelikara Additional District Sessions Court-I on Tuesday handed down the…
Bharatiya Janata Party’s (BJP) Manoj Sonkar on Tuesday won the Chandigarh mayor elections by defeating I.N.D.I.A bloc candidate Kuldeep Singh. The saffron party dealt a serious blow to the Aam Aadmi Party (AAP) and the Congress in the Union Territory as they failed the first litmus test. The mayoral polls in Chandigarh began on Tuesday with the BJP pitted against an alliance of the AAP and the Congress for the posts of mayor, senior deputy mayor and deputy mayor. The BJP secured 16 votes while the AAP-Congress managed just 12 after 8 votes were declared invalid. The BJP had one…
As the Council of the EU is expected to vote on the AI Act on 2 February 2024, the European Federation of Journalists (EFJ) urges the EU Member States to reach a long-awaited political agreement on this important text for journalism.The media reported that Germany and France were still blocking several provisions just a few days before the vote, suggesting that negotiations are not yet completely concluded. They fear that this regulation will subject their startups to increased scrutiny related to foundation models.In Germany, the coalition government could withhold its backing for the law. With an internal consultation with the ministries…
Former Pakistan Prime Minister Imran Khan has been sentenced to 10 years in prison in the cipher case, his second conviction since ousted from power. Besides Khan, former foreign minister Shah Mahmood Quresh too was sentenced to prison. The decision was announced by special court Judge Abul Hasnat Zulqarnain during the hearing of the case in Rawalpindi. Khan’s party Pakistan Tehreek-e-Insaaf (PTI) confirmed the development. The cipher case pertains to allegations that Khan had shared contents of a secret cable sent by the country’s ambassador in Washington to the government in Islamabad. During a public rally on March 27, 2022,…
The President of India on Tuesday nominated Satnam Singh Sandhu as a member of the Rajya Sabha. Notably, he is one of the leading educationists of the country. Vice President Jagdeep Dhankhar took to X to announce Sandhu’s nomination to the Upper House. “I welcome the nomination of Shri Satnam Singh Sandhu Ji to the Rajya Sabha. His rich work in community service and his passion towards education, innovation and learning will be big sources of strength for the Rajya Sabha. I wish him the very best for his tenure,” the Vice President posted. Meanwhile, Prime Minister Narendra Modi also hailed…
One hundred ninety-nine schools from across India were certified ‘green’ at Centre for Science and Environment’s (CSE) annual Green Schools Awards here today, with 20 of them topping their respective categories for their outstanding efforts in making their campuses environment-friendly and their students, environment-conscious. These awards are conferred every year by CSE’s Green Schools Programme, a 19-year-old initiative that helps schools and their students conduct a rigorous in-campus environmental audit to measure the efficacy of resource management and green practices in the school. Schools take ownership of their green journey through self-conducted audits with CSE’s guidance. Speaking on the occasion,…
The Modi government extended the ban on Students Islamic Movement of India (SIMI) for five years under UAPA on Monday. The Home Ministry, while announcing the extension of the ban, said the SIMI has been found involved in fomenting terrorism, disturbing peace and communal harmony to threaten the sovereignty, security and integrity of the country. “Bolstering PM @narendramodi Ji’s vision of zero tolerance against terrorism ‘Students Islamic Movement of India (SIMI)’ has been declared as an ‘Unlawful Association’ for a further period of five years under the UAPA. The SIMI has been found involved in fomenting terrorism, disturbing peace and…
Maldivian President Mohamed Muizzu is likely to face an impeachment motion soon after the opposition Maldivian Democratic Party (MDP) claimed that it has enough signatures to file the proceedings, according to local media. At least 34 members that includes Parliamentarians from the MDP and the Democrats have backed the motion to impeach the president, said reports by Adhahdhu, a Maldivian news website. The latest reports comes a day after pro-government MPs and opposition lawmakers clashed in the Maldivian Parliament over the approval of four members of Muizzu’s cabinet. MDP withheld parliamentary approval for the four cabinet members — Attorney General…