Chairman of the 15th Finance Commission NK Singh's autobiography is being launched today. Finance Minister Nirmala Sitharaman, Reliance Industries Chairman and Managing Director Mukesh Ambani and Minister of Social Policies at Singapore Tharman Shanmugaratnam were prominent guests in attendance.

Railway route privatisation is not as rosy it looks as there is no bar on competition on one hand and demand risks outweigh the benefits on other, even though the private operator is free to fix the tariffs, warns a report. Currently, the railways crosssubsidises passengers by overcharging freight to minimise the losses generated in running passenger trains.

The proliferation of harmful content on social media has been a major point of concern for advertisers around the world. In July this year, more than 1,000 brands boycotted Facebook, YouTube and Twitter for their poor handling of hateful content. That move led to the big social media companies and the world federation of advertisers striking a deal to allow external audits and implement common standards to deal with harmful content.

The government on Thursday issued a notification banning import of air conditioners with refrigerants. This means that many of the larger players who have been importing air conditioners and refrigerants separately, won’t be impacted.