Colleges Financial News
13.07 / 13:06
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Election
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Colleges
Punjab bypoll: Counting of votes for Jalandhar West assembly seat underway
Jalandhar West assembly bypoll in Punjab was underway on Saturday. Polling in the seat took place on Wednesday and a voter turnout of 54.98 per cent was recorded, a sharp drop from the 67 per cent the assembly segment saw in the 2022 state elections. Votes are being counted at a centre set up at the Lyallpur Khalsa College for Women here and the process began at 8 am, officials said. The Jalandhar West (Reserve) assembly constituency saw a multi-cornered contest among major political outfits like the ruling AAP in Punjab, the Congress and the BJP.
13.07 / 12:59
COST
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Colleges
ET Mutual Funds Explains: Want to know the future value of your financial goals? Use this formula
financial goals and investing to achieve them. However, many investors struggle with calculating the future value of their goals. Instead of employing a precise calculation, they often choose arbitrary large figures like Rs 50 lakh or Rs 1 crore, assuming these amounts will suffice. What seems like a big number today may not hold its value in the future due to inflation, making precise calculations using inflation vital in planning for financial goals. Many investors just pick a random number. Many investors pick up big numbers, usually Rs 50 lakh or Rs 1 crore which they think will suffice for their future. Inflation significantly reduces the purchasing power of money over time, so the amount that appears substantial now might not be enough in the coming years. The value of any investment does not remain the same always. It either decreases or increases due to interest rate, inflation/deflation which increases/ decreases the value of money. The impact of annual inflation erodes the purchasing power of money significantly with each passing year. Investors need to account for the effects of inflation on their future financial goals. To do this, they first need to calculate how much a particular goal costs today. For instance, if a child’s higher education costs Rs 5 lakh today, the investor needs to determine how much time is left until they need to pay for the education. If the child is expected to go to college in 15 years, they need to calculate how much that same education will cost in 15 years, taking inflation into account. This is known as calculating the future value of the goal.
13.07 / 12:51
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Updates
Biden administration goes bigger on funding apprenticeships, hoping to draw contrast with GOP
The Biden administration says it’s providing $244 million to expand and update the federal government’s registered apprenticeship program
13.07 / 11:01
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Tripura: 47 students died of HIV infection, 828 tested positive
Tripura State AIDS Control Society (TSACS). «We have so far registered 828 students who are HIV positive. Out of them, 572 students are still alive and we have lost 47 people due to the dreaded infection. Many of the students have migrated out of Tripura for higher studies in coveted institutions across the country,» a senior official of the TSACS said. Tripura AIDS Control Society has identified students from as many as 220 schools and 24 colleges and universities who take injectable drugs. Not only this, the recent data shows that almost every day, five to seven new cases of HIV are being detected, a senior official of TSACS has said.
13.07 / 09:18
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Colleges
Easynomics: Of exam paper leaks, Byju’s, Kota Factory, and Dunki
₹200 a pop (well, it was the 1990s, things were a lot cheaper then.) Very soon, students started walking out one by one simply because they had only prepared for the questions that had been leaked and no more. On top of that it was a difficult paper—not of a kind where one could just vomit what one had mugged up, which is how most school and college exams were back then. After the exam was over, the explanation offered was that the administrators had come to know that the paper had been leaked and so had changed it to the backup question paper, which apparently had also been prepared and printed.
13.07 / 08:42
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Transforming governance through AI
governance and bring about a paradigm shift in citizen-centric delivery of services. Imagine a student applying for college admissions. Instead of separately applying for numerous universities and colleges with the need for filling multiple applications with repetitive data each time, an AI-driven system would proactively collate the basic demographic information about the student and suggest the probable list of colleges based on his/her score in the qualifying examination.
13.07 / 07:28
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US appeals court says some NCAA athletes may qualify as employees under federal wage-and-hour laws
A U.S. appeals court in Philadelphia has ruled that some college athletes may qualify as employees under federal wage-and-hour laws
13.07 / 07:15
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peace
Rahul Gandhi visits relief camps in Manipur, victims highlight their issues
Rahul Gandhi, who is Leader of Opposition (LoP) in Lok Sabha, on Monday met people in relief camps in Churachandpur in Manipur and offered them support. The inmates staying in relief camps highlighted their problems due to ethnic violence in the state. Speaking to ANI, a youth who has been staying in the camp after ethnic violence erupted in the state, said they are happy over the visit of Rahul Gandhi and hoped that the Congress leader will highlight their issues.
13.07 / 06:39
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International
How Canada is turning from a dream destination to a nightmare
Jobs crisis Temporary residents and recent immigrants are driving up Canada’s unemployment rate, as record numbers of newcomers welcomed to the country to fill labor shortages are now struggling to find work, Bloomberg has reported. The unemployment rate for temporary residents – including foreign workers, international students and asylum seekers – was 11% in June, according to Bloomberg calculations. Using comparable data, the unemployment rate for all workers was just 6.2% last month. Immigrants who’ve landed in the last five years are also having a hard time finding a job, with their unemployment rate reaching 12.6% in June.
13.07 / 05:22
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2020
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Who was 'God's influencer and will now become first Millenial saint? Know about Blessed Carlo Acutis, who died at 15
Blessed Carlo Acutis has become the first Millenial to be canonized as a saint, reports 'USA Today'. He died of Cancer at the age of 15. According to the Catholic News Agency, the College of Cardinals voted for his canonization and he will become a saint in 2025. Declaring his canonization, Bishop of Assisi, Domenico Sorrentino said that Carlo Acutis was an ordinary boy, who lived his childhood and youth between family, school, and the games children play.
13.07 / 04:57
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Bloomberg Philanthropies gifting $1 billion to medical school, others
Most medical students at Johns Hopkins University will no longer pay tuition thanks to a $1 billion gift from Bloomberg Philanthropies
13.07 / 04:07
UPS
Gap
economy
country
Schools
Colleges
India needs 1 million high-tech engineers as economy expands
India’s technology sector will need more than 1 million engineers with advanced skills in artificial intelligence and other capabilities over the next 2-3 years, an industry body estimates, a demand that won’t be met unless the government significantly beefs up education and training in the country. The sector will need to reskill more than half of its existing workforce to take up jobs in fields such as AI, big data analytics and cyber-security, said Sangeeta Gupta, senior vice president and chief strategy officer at the National Association of Software and Service Companies, based in Bengaluru. New college graduates will only be able to fill a quarter of the advanced tech jobs needed, she said. “Employability of the workforce is a huge challenge and will require a fair amount of work,” Gupta said in an interview Monday. “The industry can’t do with a one-time up-skilling, it has to be a continuous journey amid a fast changing digital landscape.”
13.07 / 03:43
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2020
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Power Book II: Ghost Season 4 Part 2 - Complete episode schedule and what to expect
Power Book II: Ghost continues to dominate television screens as it approaches its midseason finale in its final 10-episode run. This spinoff from the original Power series, which concluded in 2020, has garnered significant attention, with season 4 attracting 6.5 million multiplatform viewers during its debut week on Starz.
13.07 / 00:32
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UK polls: Man hailing from Bihar's Muzaffarnagar wins from Wales
Muzaffarnagar: Indian-origin candidate Kanishka Narayan, who won the UK general elections from Wales as a Labour candidate, draws his roots to Muzaffarpur in Bihar. Kanishka's uncle Jayant Kumar, who is also the director of SKJ Law College, said that his nephew has made not just Muzaffarpur, but the entire country proud. Jayant said, «Kanishka is my younger brother's son. He left his job to attend the elections. He has always been into politics.»
13.07 / 00:30
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BoE's Jonathan Haskel argues for rates hold amid 'tight and impaired' labour market
In the first speech following a six-week long silence from the Bank of England due to the UK snap election, Haskel argued higher inflation will stay for quite some time. Speaking at King's College London on Monday (8 July), he noted that despite «encouraging signs», with inflation falling back to the BoE's 2% target, this is likely to be temporary. He highlighted that the UK's wage-price system has been subject to a «sequence of enormous shocks over recent years», which contributed to a «tight and impaired» labour market. This will result in inflation staying above target for a while,...
12.07 / 23:22
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Relationships
'Won't die ordinary death': Wife of gallantry awardee Army officer recalls his words
Army Medical Corps who has been posthumously awarded the Kirti Chakra for exceptional bravery. Wearing a white saree and grief on her face, the young wife of the late officer, with her mother-in-law Manju Singh by her side, accepted India's second-highest peacetime gallantry award from President Droupadi Murmu on Friday during an investiture ceremony. In a video posted by the spokesperson of the Ministry of Defence on 'X' on Saturday, Smriti shared her memories of her husband and how they became soulmates. «He was very much capable. He would tell me, 'I would die with a brass on my chest. I would not die an ordinary death like no one would know',» recalled Smriti.
12.07 / 23:15
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No jeans or T-shirts: Sena MLA seeks action against Mumbai college for imposing dress code; dubs it 'Talibani fatwa'
Shiv Sena MLA Pratap Sarnaik on Wednesday demanded action against a Mumbai-based college for banning students from wearing «jeans and T-shirts». The Chembur Trombay Education Society's N G Acharya and D K Marathe College, in the notice issued on June 27, banned students from wearing torn jeans, T-shirts, revealing dresses and jerseys, or a dress that «reveals religion or shows cultural disparity». The students should wear a formal and decent dress while on campus, it said. Speaking in the assembly, Sarnaik said the notice issued by the college was a «Talibani fatwa». More than 70 -80 per cent students wear jeans and jackets, he said. «Will you ban a swimming suit for a swimming competition and T-shirts, shorts for sports competitions?» the Sena legislator asked. The education minister should take action against the college authorities for the Talibani fatwa, Sarnaik added. Last month, the students of the same college moved the Bombay High Court, challenging the directive issued by the college imposing a dress code under which they cannot wear hijab, naqab, burka, stoles, caps and badges inside the premises. The high court on June 26 said a dress code is meant to maintain discipline which is part of the college's fundamental right to «establish and administer an educational institution».
12.07 / 21:33
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Biden attributes foreign travel and lack of rest as he nearly ‘fell asleep’ during the US Presidential Debate
Joe Biden defended his performance in the first US Presidential Debate and said that he had nearly fell asleep after undertaking foreign trips. He said that he needed some rest before the debate but could not afford to take it. The 81-year-old president faces opposition from his own party members who have asked him to step down in view of his disastrous performance in the debate. What is not known is that the president had 13 days to take rest after his visit to Italy to attend the G-7 summit.
12.07 / 20:49
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Investigations
Rajasthan university under police radar for issuing over 40,000 fake degrees
Rajasthan police's special operations group (SOG) for allegedly issuing fake and backdated degrees for courses that the private institution did not have accreditation for. SOG is examining all 43,409 degrees issued since the university's inception in 2013, reported ToI. As per the report, the university under scrunity issued backdated degrees for BEd and BPEd (physical education) programmes before receiving accreditation and awarded MSc agriculture degrees without proper authorisation, said SOG sources to ToI. In the case of issuing fake desgrees, a probe began six days after the arrest of the university's founder-owner, Joginder Singh Dalal, for his alleged role in the scam. SOG's inquiry into paper leaks and malpractices in college entrance and govt exams led to Dalal.
12.07 / 16:26
UPS
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Inside
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Has Melania struck deal with Donald Trump to be part-time first lady if he gets second term? The Inside Story
Melania Trump's conspicuous absence from the most recent presidential debate sparked concerns about her potential position if Donald Trump wins the presidency again in 2025. According to reports, she has negotiated a less conventional first lady role by giving herself and her son Barron more priority, as reported by Yahoo Entertainment.
12.07 / 16:20
Death
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Khyree Jackson death: Is alcohol the reason behind 20-year-old Minnesota Vikings NFL draft rookie's fatal accident?
According to Maryland State Police, Jackson was the front-seat passenger in a Dodge Charger that was struck by an Infiniti Q50 shortly after 3 a.m. Saturday in Prince George's County. The Infiniti was attempting to change lanes and traveling at a high rate of speed when the car hit the Charger and then struck a Chevrolet Impala. The impact sent the Charger off the right side of the road, where it came to rest after hitting «multiple tree stumps,» per the report.
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