While the Indian Institute of Technology (IIT) Kanpur may have attracted among the highest donations by an individual (former student and IndiGo Airlines co-founder Rakesh Gangwal) at Rs 100 crore last week, IITs have largely seen such contributions rise over recent years, despite the Covid pandemic. According to Mahesh Panchagnula, dean, Alumni and Corporate Relations, IIT Madras, in the last five years, the premier institute has raised more than Rs 135 crore under the endowment category of education alone. Despite the pandemic, there has been an increasing trend in endowment funding received at IIT Madras, with an average increase of about 20 per cent year-on-year across the last five years.
Summary of sports events and persons who made news on Saturday
'We expect the bull run to continue until economic growth continues.'
Taking on board India's concerns, the G-20 Summit on Friday acknowledged that excess volatility of financial flows and disorderly movements in exchange rates can affect economic and financial stability of emerging markets and called for sound policies to address it.
Sushma Swaraj, like Clinton, has a strong political base in her own party and is likely to have her imprint on foreign policy, says Ambassador T P Sreenivasan.
IMF MD Christine Lagarde hailed the government's latest Budget.
In an address at the Indian Council of World Affairs, he said Nepal wants to take the relations with India to the next level, but at the same time added: "We should be mindful equally that healthy relations require continuous nurturing, creative thinking, promptness and readiness to understand each other in changing dynamics."
Hindu festivals are now becoming occasions when anti-Muslim hatred is expressed freely through slogans and songs that are full of abuse against Muslims or calls to either kill them or humiliate them, observes Apoorvanand.
His comments came in the midst of the disengagement process between Indian and Chinese armies in Pangong Tso areas in eastern Ladakh where the two sides have been locked in a nine-month standoff.
Bharti Airtel chairman Sunil Mittal has expressed hope that the government and regulators will step in to ensure the sector remains a viable place for continued investments and asserted that the industry requires "long overdue" support to maintain its current 3+1 structure. In the latest annual report of Airtel, Mittal said as the sector's role in the economy becomes more pervasive, its challenges loom larger. Issues such as unsustainable pricing and low returns in a highly capital-intensive environment, coupled with legacy legal issues, "have extracted their toll", Mittal observed.
How do we get back to higher trend growth? The heart of the problem lies in private corporate investment, recommends Ajay Shah.
The pandemic is set to become even more challenging, with migrant workers returning home, relaxations in lockdown rules, and the approaching monsoon. However, states are looking at community participation to ramp up testing and home treatment of patients
In the last budget, then finance minister Arun Jaitley had allocated Rs 85,010 crore for the education sector which was later revised to Rs 83,625.86 crore.
US President-elect Joe Biden plans to increase the number of high-skilled visas, including H-1B, and eliminate the limit on employment-based visas by country, both of which are expected to benefit tens of thousands of Indian professionals impacted by some immigration policies of the outgoing Trump administration.
The India-Japan joint naval exercises are a strategic signal for China, observes Dr Rajaram Panda.
In a statement issued on Thursday, the Lakshadweep Research Collective said it along with 60 other signatories from the scientific community have written to President Ram Nath Kovind seeking his intervention to withdraw the "incautious draft" Lakshadweep Development Authority Regulation of 2021.
'It is a great honour and responsibility because I will be a representative of India at the wedding,' Suhani Jalota -- whose Myna Mahila Foundation was selected by Prince Harry and Meghan Markle as one of the seven charities to benefit from donations from the Royal Wedding - tells Rediff.com's Archana Masih.
Addressing the gathering after laying the foundation stone of the new building and performing the ground-breaking ceremony, Modi said many new things were being done in the new Parliament House, which will increase the efficiency of the MPs as modern methods will be incorporated in the work culture.
Concern is growing among healthcare experts who believe that if people do not follow the lockdown or social distancing seriously, the situation can quickly go out of control.
We need to make start-ups, instead of small businesses, part of the priority sector, says Shubhashis Gangopadhyay.
'Scientific data has proven that masks can reduce COVID-91 transmission by 53 per cent...A booster dose of vaccine, even if it works, is just a temporary fix'
External Affairs Minister Jaishankar on Wednesday described the second wave of the Covid-19 pandemic as an "all consuming" challenge posed by a virulent strain of coronavirus and welcomed the enormous goodwill from countries around the world as a sense of solidarity in diplomacy.
Reaching out to the youth of the Kashmir Valley, Prime Minister Narendra Modi on Sunday spelled out initiatives for peace and development, and assured they will not inherit the problems faced by their parents and grandparents.
Prime Minister Modi has certainly pulled back, and his political capital -- dependent as it is on an image that he knows best and never retreats -- may have taken a bit of a beating. But, equally, it is hard to say that the protesters have 'won', argues Mihir S Sharma.
This is more than 25 per cent higher as compared to the same period of the previous year when the prime minister had 78 domestic engagements.
India said on Tuesday it was investigating US policies supporting solar panel makers, the latest move in an escalating row over renewable energy that has worsened already strained ties between the two countries.
The committee lauded Modi's initiatives to make the government cleaner through anti-corruption measures and demonetisation, it said.
Tata Consultancy Services (TCS) has weathered the pandemic very well, and has earned tremendous goodwill from customers, which enhanced the firm's standing in the market, N Chandrasekaran, chairman, said in his virtual address of the 26th Annual General Meeting on Thursday. He said TCS shareholders received over 3,000 per cent return on their investments since the company was listed in 2004.
India will need an annual investment of Rs 15 trillion in infrastructure over the next five years, says Chandrajit Banerjee, DG, CII.
This year's Laureates have shown how the problem of global poverty can be tackled by breaking it down into a number of smaller - but more precise - questions at individual or group levels, he Royal Swedish Academy of Sciences said.
In a tribute to GVR, former Sebi chairman C B Bhave says, a brilliant mind, he delighted in hard work and meticulous preparation.
In its manifesto, the party made a string of promises, including expeditious construction of a Ram temple, doubling farmers income and the scrapping of Article 370 that gives special status to Jammu and Kashmir.
The strategic alliance between China and Pakistan is primarily driven by their rivalry with India, eminent US experts have said, with one of them expressing concern over Sino-India border tensions.
"Whenever we do compromise those rights, the world is worse off," Pompeo said.
We are in this mess as the machinery of the government in a market economy is broken. We need technically sound banking regulation, so that capital is not misallocated, and the landscape does not get littered with zombie firms kept alive through evergreening, says Ajay Shah.
Twitter on Wednesday said it has suspended over 500 accounts, and blocked access to several others within India as it partly acceded to a government order to curb spread of misinformation and inflammatory content around farmers' protests.
Expressing concern over the investment and innovation environment in India, a top US trade official has said the recent set of economic reforms initiated by the country were not enough to return to the path of robust growth.
'The dirt in the Indian Ocean must be less than the abuses Narendra Modi got from secular forces.' 'If you are going to put the blame on the central government and the RSS for every wrongdoing, then it is not going to serve any purpose, rather it will complicate the issue instead of resolving it.' 'There are fringe elements in every society, but for an ideal State it is important to finish off the fringe elements.'
He is not good at thinking through laws and policies. His lockdown produced chaos and misery and didn't stop Covid. His GST finished off thousands of companies and reduced the amount of tax government collects to such an extent that he cannot pay state governments any more, observes Aakar Patel.