Towards the end of February, the Reserve Bank of India (RBI) restored the risk weighting on banks loans to non-banking financial companies (NBFCs; including to microfinance institutions, or MFIs) to 100 - back to its November 2023 position - from 125. It is only a partial relief though. "Higher risk weighting on unsecured lending continues to be in place while the same on bank funding to NBFCs has been done away with. "This is a positive step by RBI," says Rajiv Sabharwal, managing director (MD) and chief executive officer (CEO), Tata Capital.
While data can empower communities, it reinforces identities, making local politics more caste-centric, with decisions increasingly contested on the grounds of representation.
Such dynamics could lead to shifting alliances and, in the worst case, local governance getting paralysed as each group demands proportional power-sharing, explain Amitabh Kundu and Mehebub Rahaman.
In emerging nations such as China and India, where a college education was a rarity just a generation ago, tens of thousands of students graduate each year from universities that are on par with the best in the world, says the Microsoft chairman.
Financial success isn't about making impulsive moves -- it's about making informed choices, asserts Ramalingam Kalirajan.
HRD Minister Kapil Sibal's unsuccessful efforts to get key legislations on reforms in higher education passed, his push for examination reforms, rise in IIT tuition fees and launch of world's cheapest tablet PC marked the year 2011 in the education sector.
Kapil Sibal, union minister of Human Resource Development, believes that higher education offered by US-based universities is much better than that offered by universities in the United Kingdom.
'Why has Maharashtra slipped up over the past couple of decades?' 'Not only is this question critical for residents of the state, but given that it accounts for 14% of India's GDP, a faster-growing Maharashtra implies a faster-growing India as well, point out Shishir Gupta and Rishita Sachdeva.
Here's what you must watch out for if you are claiming tax deduction on education loans.
The first IIT campus outside India will come up in Tanzania's Zanzibar and it is expected to launch academic programmes in October, the ministry of external affairs (MEA) said on Thursday.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Do you know that you can get an education loan of upto Rs 4 lakhs to pursue an MBA course from a recognised university? What's more, you don't have to bother about repayment till you complete the course! Read on to find out more.
Jharkhand Chief Minister Hemant Soren has distributed portfolios among the new ministers, keeping key departments such as Home, Personnel, and several others to himself. The Congress' Radhakrishna Kishore was given Finance, Commercial Tax, Planning and Development Department, and Parliamentary Affairs departments. JMM's Deepak Biruwa was allotted the departments of Revenue, Registration and Land Reforms (non-registration), and Transport. Chamra Linda, another JMM leader, was allotted the departments of Schedule Tribes, Scheduled Castes, Backward Classes (except Minority Welfare). RJD's Sanjay Prasad Yadav was given the departments of Industries, and Labour, Planning, Training and Skill Development. The Congress' Irfan Ansari got Health, Medical Education and Family Welfare, besides Food, Public Distribution and Consumer Affairs, and Disaster Management departments. The chief minister also kept to himself the departments of Cabinet Secretariat, Personnel, Administrative Reforms and Official Language, Road Construction, Building Construction, and those departments yet to be distributed to anyone. Among the other ministers, JMM's Ramdas Soren was given the School Education and Literacy, and Registration departments. Party colleague Hafizul Hasan was allotted the departments of Water Resources, and Minority Welfare Department. Panchayati Raj, Rural Works, and Rural Development departments were given to Congress MLA Deepika Pandey Singh. The CM gave Drinking Water and Sanitation, and Excise and Prohibition departments to JMM's Yogendra Prasad. JMM legislator Sudhivya Kumar became the minister for Urban Development and Housing, Higher and Technical Education, and Tourism, Art Culture, Sports and Youth Affairs departments. Shilpi Neha Tirkey of the Congress was allotted Agriculture, Animal Husbandry and Cooperative Department. A total of 11 MLAs took oath as ministers in the Hemant Soren government in Jharkhand on Thursday.
Amid a growing chorus in the party for his elevation, Tamil Nadu sports minister and son of Chief Minister M K Stalin, Udhayanidhi, was elevated as the deputy CM on Saturday with additional responsibility, in a cabinet reshuffle that saw the return of V Senthil Balaji to the council of ministers two days after securing bail in a money laundering case.
Let's take a look at countries that have highest percentage of students graduating from college.
Continuing the downward trend, retail inflation fell to a five-month low of 4.31 per cent in January, mainly due to a decline in the prices of vegetables, eggs, and pulses. The Consumer Price Index-based retail inflation was 5.22 per cent in December and 5.1 per cent in January 2024. The previous low inflation was in August 2024 at 3.65 per cent.
55% Indians fear that their skills could become partially or fully obsolete within the next five years.
The Bar Council of India (BCI) on Monday said lawyers across the country would abstain from work on July 11 and 12 in protest against the government's Higher Education and Research (HER) Bill aimed at usurping its control over the legal education.
The Indian Institute of Science, Bengaluru is placed in the 301-350 group of the Times Higher Education Rankings 2020 released Wednesday.
After declining to a three-year low in FY24, the private sector investment is expected to fall further in the current financial year, India Ratings said in a research note.. The investments in the private sector are likely to plummet to below 11 per cent of the GDP in FY25, based on the trends from the latest national accounts data and company fillings, it noted.
No "fly-by-night operators" will be allowed to set up shop in India when the country opens up its higher education institutions for foreign tie-ups, Minister for Human Resources Development Kapil Sibal has said.
The South Korean government is inviting applications for fully funded Seoul Tech Scholarships 2025.
The disciplinary action taken against the students includes fines ranging between Rs 15,000 and Rs 25,000 and community service of 20 to 60 hours, according to the extent of their involvement in the incident, they said.
The average age of an Indian by 2020 would be 29 years as compared to 29 years in case of China and 48 for Japan.
'The southern states will have no voice.' 'Political parties in future need to focus only on one region, the northern region, to win the general election.'
Having worked with the Australian High Commission as their Education Officer for over three decades, Kumar is of the opinion that with the mushrooming growth of foreign education visa consultants in the country, the Indian student is confused.
'Our Constitution as well as the Right to Education Act do not make any distinction between Indian or foreigner; it only talks about 'child'.' 'It says that every child has the right to get education.'
Info Edge (India) topped expectations in its October-December quarter (Q3) results, posting strong revenue and profit growth. Its shares have rallied as much as 6.14 per cent in two days. The technology holding company's revenue rose 15.2 per cent year-on-year (Y-o-Y) to Rs 722.3 crore, driven by robust performance across its key verticals, particularly its recruitment business.
Districts with a higher literacy level tend to perform better in vaccination than districts with low levels of school-going population, finds Ishaan Gera.
While both institutions provide financial assistance, there are significant differences between them in terms of offerings, eligibility criteria, interest rates, and other crucial factors.
As the Ratan Tata Endowment Foundation and Trust are new entities, the continuous CSR fund flows from Tata Sons will help it undertake new projects.
Assocham on Monday said over $ 13bn are spent every year by about 450,000 Indian students on higher education abroad as they are not accommodated by domestic institutions. The primary reason for a large number of Indian students seeking professional education abroad is lack of capacity in Indian institutions. Over 150000 students every year go overseas for university education, which costs India a foreign exchange outflow of $10bn, which is sufficient to build new institutes.
The quality of manpower is a significant resource for large populous countries such as India and China, which depend on them for their rapid economic growth.
It is important to plan for your children's education well in advance
The cases of sudden hair loss, or 'acute onset alopecia totalis', were reported in 279 persons in 18 villages of Buldhana between December 2024 and January this year, prompting authorities to order a probe into the matter.
The Bharatiya Janata Party on Saturday released its manifesto for the November 17 Madhya Pradesh elections promising MSP for wheat at Rs 2,700 per quintal and paddy at Rs 3,100 and houses for beneficiaries of the state's flagship scheme 'Ladli Bahna'.
Having made an indelible mark in the world of cricket, Sachin Tendulkar could now be associated with promotion of sports in schools and higher education by tapping and nurturing the potential for bigger gains in global events like Olympics.
State higher education minister R Bindhu has directed a three-member team, comprising the principal secretary of higher education, and Cochin University's vice-chancellor and registrar, to inquire into the stampede incident, an official release said.
Education sector on Monday got a 24 per cent hike in budgetary allocation for the next fiscal at Rs 52,057 crore (Rs 520.57 billion) to take forward ambitious programmes like universalising secondary education and increasing enrolment ratio in higher education.
Invest in these funds through the SIP route with at least a seven-year horizon.
