This year's Budget showers a lot of money for development of education in the country. In 2007-08, Rs 32,352 crore was allocated for education, which was 32 per cent above the allocation for 2006-07. However, the ministry demonstrated constraints to its absorptive capacity: The revised estimates indicated only Rs 28,674 crore had been spent.
Commodity investments can help you diversify your portfolio in asset classes other than equity and debt, says Dwaipayan Bose.
People are availing far more of certain kinds of unsecured loans than was the case before the pandemic. Bank lending for buying consumer durables and funding of credit cards and other personal loans have risen by Rs 6.9 trillion between August 2019 and August 2023, shows a Business Standard analysis of data from the Reserve Bank of India (RBI). These loans are typically unsecured, which means they are provided without collateral.
The Delhi high court on Tuesday dismissed National Conference leader Omar Abdullah's plea seeking divorce from his estranged wife on grounds of cruelty, saying there was no merit in his appeal.
Founded by a group of IIT alumni, the programme aims to further the cause of education for all by allowing discussion sessions through mobile devices.
'I want to make the government realise that they are not empowering Dalits by giving them free goats or hens; what they need is good education.'
'With the current situation in the global job market, students come back with an added burden of educational loans.'
Issuing a slew of directions, a bench of Justices S Ravindra Bhat (since retired) and Aravind Kumar asked the central and state governments to pay Rs 30 lakh as compensation to the next of kin of those who die while cleaning sewers.
Unrecognised private schools, which cater to the poor in slums and villages of India, have been under threat for a long time.
With the #MeToo movement taking the world by storm, sexual harassment came up for discussion at the three-day ICC Board meetings in Singapore, which concluded on Saturday.
'The prime minister took a meeting recently and he asked for suggestions and ideas for a plan till 2047.'
The 'Indira Gandhi award for best debut film' and the 'Nargis Dutt award for best feature film on national integration' have been retitled with the names of the late prime minister and legendary actor being dropped as part of a raft of changes for the National Film Awards, according to a notification.
Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi Leaders Declaration, a significant victory for India's G20 presidency that came amid increasing tensions and divergent views over the Ukraine conflict.
About half of the students, who have been affected by the war, have taken admission to universities in other countries.
The migration of domestically developed intellectual property to foreign corporations within India reflects an anomaly in the demand pattern of the country's job market, points out Kanika Datta.
'Laapataa Ladies opened a lot of doors for me.' 'I have gotten so much love from audiences and seniors in the industry that it's overwhelming.' 'I get calls from superstars. I'm holding my heart and it's like, "Oh my God, they are calling me? I am their fan and they love my work!"'
Brand India's societal divisions and distortions have remained as much relevant in 'liberal' America and Europe as it still is in the structurally stratified Indian society of the 21st century, observes N Sathiya Moorthy.
A majority of the panelists agreed Gujarat has been doing better than other states on land acquisition, skill development and primary and secondary education.
The Supreme Court on Friday stayed the emoluments of the newly appointed interim vice-chancellors of state-run universities in West Bengal and asked Governor CV Ananda Bose to sit with Chief Minister Mamata Banerjee "over a cup of coffee" to resolve the deadlock over appointment of VCs.
'I don't think we have ever seen such alignment of everything that we need in the banking sector.'
The next government in these states may find it tough to push economic growth through long-term reforms, which would be necessary.
Finance Minister Nirmala Sitharaman is likely to step up efforts to boost consumption and rural economy while keeping inflation under check when she presents her sixth straight Budget on February 1. Experts said one way to boost consumption is to put more money in the hands of people, and one of the possible ways of doing it is by reducing the tax burden through tinkering with tax slabs or increasing the standard deduction. Another proposal is related to increasing the funds under the rural employment guarantee scheme MGNREGA and higher payout for farmers.
Education remains one of the key focuses of the new government.
The California walnuts shipped from the US to India have seen a sharp uptick with imports more than doubling from September to November against the same period last year. This comes after New Delhi removed its retaliatory customs tariffs on the key dry fruit. Two days ahead of US President Joe Biden's visit to New Delhi to attend the G20 Summit on September 9-10, India dropped additional customs duties on about half a dozen US goods that were imposed in 2019 in response to America raising tariffs on certain steel and aluminum products coming from India.
Maharashtra cabinet minister Chhagan Bhujbal has demanded a stay on the Kunbi caste certificates issued to Marathas following their latest agitation for reservation and scrapping of the Justice (retired) Sandeep Shinde committee formed over the quota issue.
'Byju's financials only reflect the core business. At a group level, they are experiencing substantial losses.'
The leader also said the Congress would also intensify its protests against the Lakshadweep administration's move to permit liquor outlets in the archipelago.
Generative AI (GenAI) has the potential to add a cumulative $1.2-1.5 trillion to India's GDP over the next seven years, according to a report by EY. The report titled 'AIdea of India: Generative AI's potential to accelerate India's digital transformation' says that in 2029-30 alone, GenAI can contribute an additional $359-438 billion to India's GDP. The report said that around 69 per cent of the overall impact of GenAI on India's GDP is expected to be derived from sectors such as business services (including IT, legal, consulting, rental of machinery and equipment, and others), financial services, education, retail, and healthcare.
Fintech companies believe that the impact of Reserve Bank of India's order last week on unsecured loans will be visible in six to 12 months and prompt them to diversify and strengthen their secured portfolio. Fintechs which source funds through banks or non-banking finance companies (NBFCs) are looking at quickly building their secured portfolio options to at least 40 per cent of their total portfolio. "Over the medium to long term, as part of our product strategy, we are evaluating secured products which can be enabled over a digital platform" said Yogi Sadana, the founder of Zype, a lending-focussed fintech.
The opposition Indian National Developmental Inclusive Alliance (INDIA) is a challenge, Union Minister and senior Bharatiya Janata Party leader Dharmendra Pradhan said on Friday, adding he has requested his party to allow him to contest the 2024 Lok Sabha elections from his home state Odisha.
'What is taught here is a mockery of the English language.'
Pressure from the Soren clan is only one of the challenges Champai faces as he readies himself to helm the predominantly tribal state.
Shinde announced that his government is committed to providing reservation to the Maratha community.
More than 24 prominent charitable institutions in the country - from private trusts, educational societies, statutory authorities, and cricket associations - may soon face tax scrutiny after a Supreme Court (SC) ruling set the limits to which tax exemption can be claimed. Most of these are highly profitable but get tax exemption due to their 'charitable organisation' status. The revenue department is preparing a standard operating procedure to scrutinise their books and evaluate if they can continue to claim tax exemption in the context of the recent SC ruling
The Theory of Evolution, proposed by the English naturalist, explains that all living beings evolved through natural selection, which favours inherited traits that improve an individual's ability to compete, survive, and reproduce.
In the last three years, the Union Territory administration has invoked 311 (2)(c) of the Constitution to sack more than 50 employees, who were allegedly operating in shadows within the government and drawing a salary from the public exchequer, however, they were helping Pakistani terror outfits, providing logistics to terrorists, propagating terrorists' ideology, raising terror finances and furthering secessionist agenda, officials said.
Dr Talat Ahmad, vice chancellor of Jamia Milia Islamia suggests important reforms in the Indian education system.
Ahead of Friday's extraordinary general meeting (EGM), Byju Raveendran, chief executive officer (CEO) of Byju's, told shareholders that he is committed to restructuring the board of the embattled educational technology (edtech) firm. He also committed to appointing two non-executive directors to the board by the mutual consent of the founder and shareholders. The development comes at a time when a consortium of key shareholders, holding over 30 per cent stake in Byju's, issued a notice to the embattled edtech firm this month, calling for an EGM to address "persistent issues", including a proposed change of management at the firm.
Lamenting that standard of teachers in not up to the mark and learning outcomes are below expectations, Prime Minister Manmohan Singh on Wednesday said 'major concerns' in the field of education need to be addressed.
Prithvi Raj Singh Oberoi, the 94-year-old veteran corporate hotelier who redefined India's hospitality industry, passed away on Tuesday. The Chairman Emeritus of The Oberoi Group, popularly known as 'Biki', built a sprawling chain comprising 32 hotels during his lifetime. EIH owns the eponymous Oberoi and Trident hotel chains.
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