Govt considers selling 25% stake in LIC to plug widening budget gap: Report

Jannie Delucca

India is planning to look for cabinet’s acceptance to provide twenty five% stake in the nation’s biggest lifetime insurance provider, folks with knowledge of the make a difference stated, as Prime Minister Narendra Modi seeks assets to plug a widening funds hole.

The governing administration options to amend the act of parliament under which the condition-run Lifestyle Insurance policies Corp. of India was established up to get ready for the sale, the folks stated, asking not to be identified as the conversations were private. The timing of the insurer’s initial public providing will be depend on industry disorders, and the sale is probable to be finished in tranches, they included. A finance ministry spokesman was not immediately accessible for a comment.

A stake sale in LIC via a public providing of shares will help the governing administration bolster its funds right after the coronavirus pandemic stalled progress and threatens the

Read More

Ten Technologies Needed on the Digital Battlefield

Jannie Delucca

LoadingIncrease to favorites

“How several hackers has the Pope”?

As warfare progressively focuses to the electronic battlefield, ten emerging technologies have been identified that could enable Western protection forces repel so-known as gray zone assaults.

The increasing danger posed by gray zone or hybrid conflict – the place assaults are carried out by exploiting IT vulnerabilities and other non-regular struggle routes, instead than open up warfare – indicates defence and protection businesses really should be rethinking their method and seeking to quickly deploy emerging technologies, according to a new report.

The Self confidence in Chaos report from defence and protection company business QinetiQ, charts the shift from regular open up warfare to gray zone or sub-threshold practices employed by both point out and non-point out adversaries and highlights the central role that technological innovation plays in both enabling gray zone assaults and defending versus them.

Read through More: NATO is

Read More