Author: Loknath Das

Former prisoner David Breakspear says education in jail transformed his prospects – yet of 82,200 inmates, just 100 were studying at AS-level or above in 2018. Photograph: Graeme Robertson/The Guardian As his two dogs wander in and out of the kitchen, David Breakspear expounds on the problems of British prisons: overcrowding, staff shortages, mental health issues. Breakspear has spent 15 years in jail. His final stint, he says, for holding up a newsagent at knife point, was deliberate – he hoped a few years behind bars could break a cycle of underachievement and homelessness. Once convicted, he spent his time…

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Addis Ababa: An Ethiopian Airlines executive questioned whether Boeing had told pilots enough about “aggressive” software that pushes a plane’s nose down, a focus of investigation into a deadly crash in Ethiopia this month. Comments by the CEO and vice president of the airline this weekend will fuel a debate over the safety of Boeing’s 737 MAX aircraft, two of which have crashed in similar circumstances in the last five months. Ethiopian Airlines, Africa’s most profitable airline, has robustly defended its own safety record, training and procedures after the crash on March 10 that killed 157 people. Attention has focused on…

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NEW YORK: A fix to the anti-stall system suspected in the crash of a Boeing 737 MAX8 jet that killed 189 people in Indonesia is ready, industry sources said Saturday, as the company tries to avoid a lengthy grounding of its planes. Boeing was due to present the patch to officials and pilots of US airlines — American, Southwest and United — in Renton, Washington state, where the plane is assembled, other sources said. “Boeing has already finalized the necessary corrective measures for the MAX,” an aviation sector source told AFP on condition of anonymity. The Federal Aviation Administration (FAA) will receive the…

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As mobile games get more sophisticated and their graphics get better and beefier, smartphones require higher hardware specs in order for these games to look great. Whether your smartphone is brand-new or showing its age a bit, you can probably squeak out higher frame rates. Tweak your phone or tablet’s display settings, and you’ll be able to achieve better performance in your games and graphically intensive apps—and maybe even save some battery life, too. There are a few ways to do this. The easiest is by changing the resolution settings from your device’s settings menu—however, this option is only available…

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After 38 years as Dwyer Group, Neighborly is fresh off a company rebrand. The holding company of 22 service-based organizations is as focused as ever on its commitment to franchisees and the consumers they serve. This month, I spoke with CFO Jon Shell to learn more about his role in the rebrand, the importance of consumer data, and how the finance team can integrate with other departments for strong business outcomes. Jeff Thomson: Last year, your organization rebranded itself Neighborly after 38 years of operating as Dwyer Group. What data informed this strategic decision? How does finance contribute to large-scale decisions…

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Reserve Bank of India (RBI) governor Shaktikanta Das called for a permanent status to Finance Commission and a robust expenditure planning without compromising on fiscal consolidation as fiscal federalism gathers momentum in the era of uniform goods and services tax (GST). Das who is also a member of the 15th finance commission said there is a need to ensure consistencies between finance commissions so that there is some certainty in the flow of funds to states. “This has become even more critical in the post GST scenario. In other words, there has to be continuity and change between finance commissions. Increasingly, therefore, it is…

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Enterprise software maker Atlassian is paying $165 million for AgileCraft, a startup that sells software to manage business projects. The acquisition, announced Monday, is part of Atlassian’s expansion from selling software development tools to more general workplace software. Atlassian is known for products like Jira, a tool for tracking software development tasks, and Bitbucket, which lets developers store and collaborate on the software code itself. The deal is expected to close in April, Atlassian said. AgileCraft, based in Georgetown, Tex., specializes in software that lets businesses track individual projects in a similar way to how developers build software in the agile development style of small,…

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Swiss art historian and curator Federica Martini conducting a workshop at Jamia Millia Islamia’s fine arts faculty Last October, a group of art students from Jamia Millia Islamia central university went about collecting objects just like the Nobel Prize-winning Turkish author Orhan Pamuk did while writing his book Museum of Innocence (2008), a love story set in Istanbul. They, however, didn’t collect women’s pictures from newspapers, lottery tickets or cigarette butts, objects that were central to the novel. “Each of us was asked to bring an object close to us,” explains Jasmine Khan, a first-year art history and art appreciation…

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Working Capital (WC) finance is provided by banks in India mainly in the form of long term/short term loans, cash credit (CC) facility and non fund based (LC/BG) facilities. The bifurcation of fund based credit facilities in the form of loan/cash credit has been kept at the discretion of banks by the regulator. Recently, Reserve Bank of India (RBI), the banking regulator, has vide its guideline of December 05, 2018 introduced Loan Component in WC finance. The guidelines are applicable for borrowers enjoying aggregate fund based (FB) WC finance of Rs150 crore and above from banking system. As per these…

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HR is a necessary part of running every single business in the world. But the processes and technology that underpin it are some of the least sexy and most convoluted in the world. However, the industry is large and lucrative, and therefore ripe for innovation. The HR management market is expected to be worth $30bn by 2025, with growth fuelled by the entrepreneurs heaping legacy systems onto the bonfire and making it easier for companies to hire the best people, and keep them. And the rise of cloud computing and software-as-a-service (SaaS) is changing this market forever. I caught up with a…

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