Hindustan Times (Delhi)

Jayant Sinha

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In 2012, the government promised to infuse ₹50,000 crore in Air India till 2032 under yet another turnaround plan. Of this, the airline has so far received ₹27,195 crore. In late July, the government sought parliament­ary approval to make a supplement­ary grant of ₹980 crore — Air India had sought ₹2,100 crore.

Sinha also said that after the implementa­tion of GST (Goods and Services Tax), the overall the tax burden for the aviation industry has increased and the ministry is working on a supportive policy environmen­t for the entire industry.

Mark D Martin, founder and CEO of Martin Consulting, said: “The top management of airlines should be held accountabl­e for this fiasco. Why the internatio­nal airlines are not facing this problem? Because everyone knew oil prices will go up and they factor in these things. In India, the airlines despite knowing the oil prices will go up, didn’t do much.” it. We are prepared,” he said.

However, Gehlot questioned the BJP’S intention behind the idea: “Their approach from day one has been wrong. If they were serious, they would have called an all-party meeting, discussed ways to implement the proposal and debated solutions for cases where the Lok Sabha or state assemblies are dissolved before their term. But the government did not do any such thing.” Police Station on Monday night.

The attack may have originated from Canada, where many of the transactio­ns were conducted, according to bank officials who asked not to be identified.

The FIR stated that during the malware attack, a proxy switch was created and all payment approvals were passed by the proxy switching system.

In the first attack on August 11, using stolen card details, approximat­ely ₹78 crore was withdrawn in transactio­ns in 28 countries. This included around 12,000 Visa card transactio­ns. On the same day, approximat­ely, Rs 2.5 crore was withdrawn through 2,800 debit card transactio­ns in India at various locations.

On August 13, the hackers transferre­d ₹3.94 crore into an account in the Hang Seng Bank in Hong Kong by initiating a SWIFT transactio­n.

The bank has appointed a profession­al forensic agency to investigat­e the malware attack.the details of the exact amounts siphoned off during the attack will also be ascertaine­d.

Kale said the bank has got forensic i nformation which shows minute-by-minute record of logs of the transactio­ns which took place around the world. The incident came to light on August 11 when unusual, repeated transactio­ns were taking place through ATM Visa and Rupay cards for nearly 2 hours.

As soon as suspicious transactio­ns were reported, the bank shut down its Visa and Rupay Debit card payment system.

The bank has described the cyber fraud as “a malware attack on the switch which is operative for the payment gateway of VISA and Rupay Debit Card and not on the core banking system of the bank”. Still, the extent of the hack will become clear only after the forensic investigat­ion is complete.

Kale said savings, term deposits and recurring accounts of depositors are totally safe and also claimed the bank had met every safety requiremen­t of the Reserve bank of India. The bank has appealed to its customers to remain calm and not to panic and continue to repose faith and trust on the 112 year old bank.

In his second Independen­ce Day-eve address to the nation, Kovind also highlighte­d the role of farmers in providing food security to fellow citizens and the contributi­on by the country’s armed and police forces in battling terrorism and ensuring law and order.

Talking about the big flagship programmes of the government, the President emphasized that citizens should use the programmes and projects to further individual efforts. “Let us make that sense of ownership our motivation,” he said.

Citing the example of the Gram Swaraj Abhiyan, Kovind said the scheme was taking seven flagship programmes to the doorsteps of the poorest and the most deprived among citizens and helping raise the quality of life of the historical­ly weaker communitie­s such as Scheduled Castes and Scheduled Tribes.

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