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vocational courses and provide training on artificial intelligence applications to help students find jobs as the world’s second biggest economy confronts a record number of graduates this year. Universities are required to help students become more employable by establishing vocational training centers and collaborating with enterprises to offer 1,000 micro majors and 1,000 vocational training courses, according to a notice from the Ministry of Education. The institutions should also solicit employment and education projects in the field of AI and carry out specialised training on AI applications, the ministry added.

Phillip Capital India’s Income Builder Portfolio followed with a 1.06% return, while Neo Asset Management’s Neo Yield Enhancer Fund and Estee Advisors’ I Alpha Fund posted 0.98% and 0.94% gains, respectively.

India has slammed Pakistan for its «unjustified» reference to Jammu and Kashmir in the UN General Assembly, with New Delhi asserting that such remarks will neither validate the country's claim nor justify its practice of cross-border terrorism. «As is their habit, the former foreign secretary of Pakistan today has made an unjustified reference to the Indian Union Territory of Jammu and Kashmir,» India's Permanent Representative to the UN, Ambassador P Harish, said in remarks on Friday in the General Assembly at the informal meeting of the plenary to commemorate the International Day to combat Islamophobia.

Subscribe to enjoy similar stories. The stock buyback drought continues at Berkshire Hathaway. The company didn’t repurchase any shares from Feb.

Subscribe to enjoy similar stories. Retail inflation fell to a seven-month low in February on the back of deflation in vegetables but price pinch remained in many items. Meanwhile, employees could be left disappointed on both salary hikes and promotions in FY25 as companies grapple with heightened economic uncertainty.

Donald Trump's wide-ranging trade war rouses fears of recession, global investors have found an unlikely new sanctuary: Chinese equities. Hong Kong's benchmark Hang Seng Index — where many major Chinese companies are listed — is up 17 since Trump entered the White House in January. That compares to an about 9 per cent drop in the S&P 500, which has also shed $4 trillion in market value from record highs last month, Reuters reported. Trump's erratic pronouncement on tariffs and moves to slash federal government spending have challenged assumptions about the appeal of U.S.

Copper prices recoiled from a five-month peak on Friday, as disappointing loans data from top metals consumer China and concerns around U.S. tariffs dampened buying activity.

The China Securities Regulatory Commission is proposing a 50% pay reduction for fund managers if products overseen by them record a loss or return 10% less than their performance benchmarks, said the people, asking not to be identified discussing a private matter. Such pay cuts are part of a long-term assessment mechanism the regulator is trying to establish, the people said, adding it was not clear what time frame it would be applied over. Under the draft plan, fund returns will account for at least half of the weighting in senior management's evaluation, while other metrics such as the firms' size and ranking will become less important, the people said. The proposal has yet to be finalized and may change, they added. The CSRC didn't respond to a request for comment. The sweeping measures come as policymakers seek to attract more long-term capital into the nation's stock market amid slowing economic growth and an escalating trade war with the US. China's benchmark CSI 300 Index has gained about 1.7% this year.

The hearing, scheduled for 2 p.m. EDT (1800 GMT) in Manhattan federal court before U.S. District Judge Arun Subramanian, will require Combs, 55, to respond to the revised indictment. The trial date remains set for May 5. Previously, Combs entered a not guilty plea to charges including racketeering conspiracy, sex trafficking and transportation for prostitution purposes. The updated indictment, whilst not introducing additional charges, details what prosecutors describe as «forced labour» linked to the racketeering conspiracy. Prosecutors allege that Combs and associates exercised control over employees through extended work hours, minimal rest, and threats of physical, financial, psychological and reputational harm.

U.S. gold futures were up 0.7% to $3,013.60.

Despite their recent struggles, Heat coach Erik Spoelstra remains optimistic. «We’re at our best when we don’t fear anyone,» Spoelstra said. «It just takes a win to get back on track.» When asked about the mental toll of their skid, Spoelstra challenged his players: «You have to reveal your competitive character. You can either give in or use adversity to find something better. You always have a choice.»

Net profit for October-December for Apple's top iPhone assembler and Nvidia's AI server maker came in at T$46.33 billion ($1.41 billion), missing analysts' average forecast of T$54.4 billion, according to an LSEG consensus estimate of 15 analysts. Foxconn said in January its fourth-quarter revenue jumped 15.2% to a record for that quarter on strong sales of AI servers.

Elon Musk's budget-cutting advisers to terminate leases that they say waste money. Musk's Department of Government Efficiency maintains a list of canceled real estate leases on its website, but internal documents obtained by The Associated Press contain a crucial detail: when those cancellations are expected to take effect. The documents from inside the General Services Administration, the US government's real estate manager, list dozens of federal office and building leases expected to end by June 30, with hundreds more slated over the coming months. The rapid pace of cancellations has raised alarms, with some agencies and lawmakers appealing to DOGE to exempt specific buildings. Several agencies are facing 20 or more lease cancellations in all, including the IRS, the Social Security Administration, the US Department of Agriculture and the US Geological Survey. Many of the terminations would affect agencies that aren't as well-known but oversee services critical to many Americans. They span from a Boise, Idaho, office of the Bureau of Reclamation — which oversees water supply and deals with disputes across the often-parched American West — to a Joliet, Illinois, outpost of the Railroad Retirement Board, which provides benefits for railroad workers and their survivors.

Faced with the logistical and financial limits of mass deportations, the Trump administration has turned to a $200 million media campaign aimed at persuading undocumented immigrants to leave the US voluntarily. Branded “Stay Out and Leave Now,” the effort combines the ad blitz with a self-reporting departure app launched this week, and warnings from Homeland Security Secretary Kristi Noem that those who don’t leave will be caught and permanently barred from returning.

Bullion climbed to $2,990.21 an ounce, eclipsing all-time highs set on Thursday and earlier Friday.

US equity-index futures climbed Friday as signs the US will avoid a government shutdown injected a boost to sentiment. Shares in Japan retraced early losses while those in Australia also climbed higher along with indexes in Hong Kong. Futures contracts for US equities advanced early Friday as a stopgap funding bill looked set to pass and avoid a US government shutdown. The S&P 500 dropped 1.4% on Thursday to a six-month low, bringing its three-week rout past 10% — a correction in trader parlance. The Nasdaq 100, also in a correction, fell 1.9%.

artificial intelligence servers. Net profit for October-December for Apple's top iPhone assembler and Nvidia's AI server maker likely came in at T$54.4 billion ($1.65 billion), according to an LSEG consensus estimate of 15 analysts, versus T$53.15 billion a year earlier. Foxconn said in January its fourth-quarter revenue jumped 15.2% to a record for that quarter on strong sales of AI servers.

tariff threats. On Thursday, for the first time, the benchmark S&P 500 finished more than 10% below its most recent record high close, achieved on February 19.

Subscribe to enjoy similar stories. Ola Electric Mobility Ltd’s decision to renegotiate contracts with two of India’s largest vehicle registration agencies last month has resulted in prolonged delays in the deliveries of its scooters, according to store managers and complaints posted by buyers on social media. The waiting period for the company’s electric scooters increased to 20-45 days from 5-7 days before February, managers at seven Ola Electric stores across New Delhi, Mumbai and Bengaluru told Mint.

Gensol Engineering’s liquidity mismatch is temporary and its linkages with ride-hailing service BluSmart are being wound down, the founder of both companies told ET amid a crisis that has seen the solar engineering, procurement, and construction (EPC) company lose 65% of market value in a month. The crash accelerated after rating agencies ICRA and CARE downgraded Gensol Engineering’s credit rating to default. ICRA cited debtservicing documents submitted by Gensol that it said were “apparently falsified.” This will be investigated, said Anmol Jaggi, Gensol Engineering’s chairman and managing director and cofounder of BluSmart. On Thursday, the company announced a Rs 600 crore fundraise to quell investors’ nerves. “We are working on two areas,” Jaggi told ET. “A committee with independent external experts has been formed to investigate the falsification of documents charge. Neither me nor my brother will sit on that committee. We have announced a fundraise of Rs 600 crore through foreign currency convertible bonds and promoter contribution. We expect liquidity challenges for next the 90 days till when credit rating agencies can review their outlook.” The board has approved a stock split in the ratio of 10:1. The promoters will exercise warrants at Rs 56 apiece for shares with a face value of Re 1 each. That amounts to Rs 560 at the existing face value of Rs 10 per share prior to the split. This is a premium of 113% to the current share price of Rs 262.