Schools Financial News

This is the main budget for the third term of the Modi government. Firstly, the exemption limit for long-term capital gains, currently set at one lakh rupees per person since 2018, should be revisited. Given market valuations and inflation, it should be increased to two lakhs. Secondly, debt-linked saving schemes should be introduced. Currently, only equity-linked saving schemes get an exemption under Section 80C, while other instruments like post office schemes, EPF, and PPF are included. Mutual funds are not just equity platforms; they also encompass debt platforms. Including debt-linked saving schemes in the 80C one-and-a-half lakh limit would be beneficial. <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-tabool

Interim budget, the government should continue on the path of fiscal consolidation. D-St could be pencilling in some added populist measures in this budget,” says Jaspreet Singh Arora, CIO, Equentis — Research & Ranking. In an interview with ETMarkets, Arora said: “The budget may look at adding some populist measures which address unemployment and rural stress. This is considering four state elections coming up in the next one year,” Edited excerpts:

Karnataka’s only registered union of IT/ITeS sector employees has called for the state government to reconsider its plan to extend the working hours of employees in the IT/ITeS/BPO sector, terming the move “inhuman” and an “attempt to impose slavery”. Karnataka State IT/ITeS Employees Union, which has more than 10,000 members, also said the plan to amend the Karnataka Shops and Commercial Establishments Act, 1961 is an “open challenge” to the 2 million employees working in the IT/ITeS sector in the state.

online shopping experience increasingly frustrating. “Every app I visit has some form of dark pattern,” says the 26-year-old media and entertainment lawyer from Mumbai. “I can’t find a single safe app that lets me pay only for what I want,” he adds. What is a dark pattern? It refers to manipulative or deceptive tricks—such as hidden fees, subscription traps and sneaking items into online baskets—that get users to perform an action they would not have otherwise done had they understood it well or had a choice. Harry Brignull, a UK-based UX (user experience) designer coined the term in 2010, referring specifically to digital platforms.

Italy’s competition watchdog said thatit had opened an investigation into Google and its parent company Alphabet over suspected “unfair commercial practices” linked to user data consent requests sent to consumers. “The request for consent that Google submits to its users to the linking of the services offered may constitute a misleading and aggressive commercial practice,” the AGCM competition authority said in a statement.

Instagram. For three years, the 21-year-old engineering student from Meerut had been battling a persistent headache, along with growing anxiety and creeping disinterest in life. That day in February, as a stream of memes and filtered photos filled his phone screen, a glimmer of hope appeared for Kumar: an account, @Hemant_Mahajan18, promised to cure anxiety “permanently without medicine”. With over 12,000 followers and claims of having helped a couple of thousand people, Mahajan’s “Happy Living” programme seemed just what Kumar needed. It claimed to “cure stress/anxiety in 28 days from its roots” and assured a 100% refund if there was no improvement.

Reliance earnings because what we are gauging from our experts is that the Street will start looking beyond this time's numbers. Though the O2C has been the biggest drag this time, do you believe that the street will start pencilling in that it could improve in the times ahead and the stock price could have some breather on the back of this? Deven Choksey: Minus the refining cracks where probably the maximum amount of hurt has come on the EBITDA, I guess the numbers are a steady set of numbers. Generally, in the commodity-driven business, and overall, refining cracks have been down, this is bound to happen that you are on a larger base likely to see some dent in the EBITDA. But I do not think that this is going to be a permanent feature.

“The utilization has improved and is perhaps at a reasonable high. Every time we have said that we have improved quarter-on-quarter, but right now it is safe to say that it is where we would like it to be. There are other factors such as improvement in fixed price productivity, optimization of our overheads, and inducting freshers into the workforce that help in improving the pyramid,” said Aparna Iyer, CFO, Wipro. Edited excerpts: ET Now: Walk us through the various tailwinds and the various headwinds that have been at play when you arrived at your margins this time.

MUMBAI : Amit Chandra, partner and India chairman of private equity (PE) firm Bain Capital, began thinking about philanthropy in his 30s. At the time, he was leading investment bank DSP Merrill Lynch in Mumbai. One of his goals then was to lead a large bank by the age of 40, something he achieved at 33.

shot at Donald Trump, is already host to a traffic jam. Outside the Crookses’ home, dozens of journalists are setting up camp. Five gazebos sit on the carefully manicured grass, providing shade to news anchors, dressed in jackets, ties and comfortable trainers.

Security experts said CrowdStrike's routine update of its widely used cybersecurity software, which caused clients' computer systems to crash globally on Friday, apparently did not undergo adequate quality checks before it was deployed. The latest version of its Falcon Sensor software was meant make CrowdStrike clients' systems more secure against hacking by updating the threats it defends against. But faulty code in the update files resulted in one of the most widespread tech outages in recent years for companies using Microsoft's Windows operating system.

cyberattack, a torrent of online conspiracy theories took off Friday after a major IT crash. Airlines, banks, TV channels and financial institutions were engulfed in turmoil after the crash, one of the biggest in recent years that was the result of a faulty software update to an antivirus program operating on Microsoft Windows.

Barron Trump, the youngest son of former US President Donald Trump has not attended any of the other political gatherings. His absence during the party’s national convention has raised questions pertaining to his presence in his father’s election campaign. Donald Trump’s speech at the national convention on Thursday was attended by all his family members which included his wife Melania Trump, four children and their partner. His fifth child Barron Trump was not to be seen in Milwaukee. Earlier, his first public appearance during the Florida rally was welcomed by the Republicans and he received a loud round of applause from Trump’s supporters.

Bob Newhart, one of the first comedians to star in a TV sitcom based on his stand-up persona, died at his home in Los Angeles at age 94. His publicist, Jerry Digney, confirmed his death. The stammering Midwesterner, known for his self-deprecating manner and starchy wit, had a gift for making audiences think he was always just playing himself, and at times that was almost true.

A horrific crash that killed six high school girls in Oklahoma two years ago has the head of the U.S. National Transportation Safety Board urging parents to warn teenagers about the risk of driving after using marijuana

Nebraska Gov. Jim Pillen has announced a broad tax plan for an upcoming special legislative session billed to cut property taxes in half

Quick commerce platforms like Zomato’s Blinkit and Swiggy Instamart are in advanced talks with leading apparel and shoe manufacturers like Arvind Fashions, Fabindia, Woodland and Puma to sell their products to capitalise on a large section of consumers in top 15 cities moving to buy products other than groceries through quick commerce, multiple industry executives said. Fabindia has already finalised terms with Instamart whereby a tenth of the unsold stock will be taken back by the apparel manufacturer, and there will be a no-return policy for consumers. Others like Woodland are negotiating for store-return. Quick commerce firms currently do not have any return policy for products sold through their platform. These startups are hoping to exploit the growing fashion business, which is currently the second-largest selling category in India's e-commerce industry after electronics and smartphones, accounting for around 20-25% of sales. Quick commerce companies are also foraying into electronics and smartphones as ET recently reported.

logistics-as-a-service on the government-backed Open Network for Digital Commerce (ONDC), touched one million transactions in June, ONDC said, on Friday. This is an initiative bridging the demand gap for third-party logistics and the delivery of products across the network.

Bombay High Court on Friday quashed the Maharashtra government's notification that exempted private schools within a one-kilometre radius of government or aided schools from Right to Education (RTE) Act quota admissions. A division bench of Chief Justice D K Upadhyaya and Justice Amit Borkar said the notification dated February 9 was «ultra vires» to Article 21 of the Constitution of India and provisions of the Right of Children to Free and Compulsory Education Act, 2009, also known as the RTE. «The notification is held to be null and void,» the court said. The court, in its judgment, said the mandate of the law casts a duty not only on the government but also on private unaided schools to provide education to children in the age group of six to 14 years from the disadvantaged section of society.

Mint. Sheth can afford to say that. He has the distinction of scaling two unicorns—Elance (renamed as Upwork), and Gupshup—across two different geographies.

Scientists at the Medical Research Council Laboratory of Medical Science and Imperial College London found a way to increase the lifespan of laboratory mice by 25 years and have hopes that it could be applied to humans. The researchers discovered that deactivating a protein called interleukin-11 or IL-11 significantly extended the healthy lifespan of the mice. This treatment greatly reduced cancer-related deaths and decreased the prevalence of diseases associated with chronic inflammation and poor metabolism, both of which are common in aging.