In Debasish Panda's last board meeting as chairperson of the Insurance Regulatory and Development Authority of India (Irdai), the regulator approved the "R2" licence for Kamlesh Goyal and Prem Watsa-backed Value Attics Reinsurance, making it the first private-sector Indian reinsurer after GIC Re, the public-sector reinsurer. "The authority reviewed and approved the R2 application of Value Attics Reinsurance, making it the first private-sector reinsurer after GIC Re, the public-sector reinsurer.
Car makers have started hiring from Gujarat's industrial training institutes (ITIs) for their factories across the country.
Big boys may be struggling, but some industrial training institutes see 100 per cent placements.
'That is how he developed his concentration and focus.'
'There will be 200 ITIs developed as hubs, while 800 will be developed as spoke, connected with five National Skill Training Institutes.'
The weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity may result in the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) to cut the repo rate by another 25 basis points, opine top economists. They also said the external economic pressures like trade policies and others would require continued RBI's accommodative stance and policy support for the Indian industry to sustain the growth.
Despite strong private sector interest and a Rs 750-crore (Rs 7.5 billion) Budget allocation, not a single agreement has been signed between the government and the private sector to upgrade 300 Industrial Training Institutes (ITIs) to centres of excellence within the target of this fiscal, which has three and a half months to run.
rediffGURU Anu Krishna tells you how to set boundaries in your workplace relationships.
The Budget proposal to upgrade ITIs to train workers in specific skills should help meet industry demand.
ITI launched 32 kilobytes SIM cards for BSNL's Cellone mobile service.
The Union government has decided to upgrade 500 Industrial Training Institutes in the country in the next five years in the light of new skills required by industries.
The Confederation of Indian Industry (CII) will adopt 15 Industrial Training Institutes (ITIs) to convert them into centres of excellence.
If the status is approved for ITI, it will get preference in the supply of technology products required by the defence services.
Telecom PSU, ITI has joined hands with French multinational Alcatel to manufacture mobile equipment at a facility set up in Manak Pura in Uttar Pradesh, which will be inaugurated by Congress president Sonia Gandhi on Thursday.
Seven rivers, including the Brahmaputra, were flowing above the danger level, even as the Regional Meteorological Centre (RMC) in Guwahati predicted heavy to very heavy rainfall at isolated places in the state.
Hundreds of residents along the Line of Control (LoC) and the International Border (IB) in Jammu and Kashmir were evacuated to safer zones after Pakistani shelling following Indian airstrikes on terror targets in Pakistan. The shelling killed 12 people, including four children and two women, and injured over 50. The evacuations come amid heightened tensions between India and Pakistan following the April 22 terror attack in Pahalgam that left 26 civilians dead. The government has provided temporary shelter for those evacuated.
Prime Minister Narendra Modi on Wednesday urged all stakeholders to come together and invest in people for skill development, nurturing talent and promoting innovation which are essential for job creation and boosting the economy. Participating in post-Budget webinar on employment, Modi said the government has provided skill training to 3 crore youth since 2014 and decided to upgrade 1,000 ITIs and set up five centres of excellence.
A panel said BSNL can claim tax breaks if it merges with a loss-making ITI and suggested BSNL can also merge MTNL with itself.
Future students of Industrial Training Institutes can look forward to learning new trade skills that would arm them to the teeth in the job market, with the government currently working towards revamping these vocational institutes.
India Inc's initiative to adopt Industrial Training Institutes (ITIs) across the country is facing problems because of low level of cooperation on the field as well as red-tapism, industry lobby groups have claimed.
The worst-hit in the Pakistani shelling was Poonch district which accounted for all the civilian deaths, the officials said, adding 28 persons were also injured and the condition of some of them was stated to be critical.
Government's security concerns about Chinese equipment makers not a deterrent.
Despite being reduced to tean men, ITI rallied to hold Mahindra 1-1 in the National Football League.
The victory was Vasco's fourth in eight matches in the National Football League.
The Board for Reconstruction of Public Sector Enterprises will take up the case of ITI in its next meeting, on May 31.
Last year, over 200 companies adopted 300 ITIs in the country and the involvement is gaining pace.
In a move to capture a slice of the rapidly growing domestic mobile phone market, public sector telecom equipment major ITI Ltd on Tuesday said it was contemplating manufacturing GSM cellular phones, besides WLL-CDMA instruments in the country.
Prime Minister Manmohan Singh has sanctioned Rs 1032 crore (Rs 10.32 billion) for revival of Indian Telephone Industries, Bangalore.
Labour and Employment Minister Oscar Fernandes said about 400 government ITIs are also being upgraded under World Bank assistance and about 100 through domestic funding. Besides, about 1,396 government ITIs are being upgraded through PPP mode.
States are mandated to develop and implement 'heat HAPs' for prevention of heat-induced diseases. But most do not go beyond standard advisory on heat prevention.
The local giants took their points tally to 37 from 15 outings.
Kejriwal described the BJP's election manifesto as "dangerous for the country".
Stopping SIPs during a downturn undermines the benefit of rupee-cost averaging.
'...whether he is a top player or not, it doesn't matter.' 'If I go by a player's name I won't be able to bowl at my best.' 'For me he is just a batter, and my only focus is where I need to land the ball.'
The government on Tuesday announced a new centrally-sponsored scheme for skilling 20 lakh youth over the next five years. The announcement was made by Finance Minister Nirmala Sitharaman in the Union Budget 2024-25. The minister said that model skilling loan scheme will be revised to facilitate loans up to Rs 7.5 lakh.
'Given our turbulent neighbourhood, the prime minister is likely to emphasise on democratic dividend as the reason behind India's continuous prosperity.'
The government may save over Rs 70,000 crore (Rs 700 billion) on capital and revenue expenditure allocated towards new schemes in the FY25 Budget that are yet to be implemented.
