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Investing in public education systems is crucial for countries seeking to leverage their demographic dividend. South Korea’s economic development, often called the ‘Miracle on the Han River,’ exemplifies the impact of strategic educational investments. During its rapid industrialization, the emphasis on education significantly improved literacy rates and provided the necessary skills for industrial and technological sectors.

Learning begins at home, where we absorb our first language from our family, shaping our identity and sense of belonging. This mother tongue is a source of comfort and cultural connection for all children. However, when children step into pre-school or school at the age of 3 or 4, they may face a daunting challenge.

Myntra has appointed Venu Nair as its new chief of strategic partnerships and omnichannel. Nair joins Myntra from offline shopping chain Shoppers Stop, where he was the managing director and chief executive officer for about three years. At Myntra, he will be responsible for the international brands portfolio, and for “building strategic partnerships with leading global brands,” the firm said in a statement. Nair will also be managing omnichannel strategy for brands at Myntra.

Elder-care startup Samarth Life has secured Rs 12 crore in a funding round led by Aroa Venture Partners, a venture capital firm known for backing companies like Unacademy, Urban Company and Cred. This funding marks its debut investment from the newly launched Aroa Opportunities Fund, which has a total corpus of Rs 400 crore.

Byju Raveendran wrote to shareholders, informing them that the $200 million rights issue is fully subscribed. He also iterated further steps he is taking to ensure transparency on the usage of the funds. Read the full text of Byju's email to employees:

artificial intelligence (AI) in India, the BharatGPT group backed by Mukesh Ambani’s Reliance Industries and top engineering schools in the country aims to launch its first ChatGPT-style service next month. The model is being developed in collaboration with Indian Institutes of Technology, and backed by Reliance Jio Infocomm and the Centre. The consortium — which includes Reliance and eight IITs—offered a sneak peek of the model during a recent technology conference in Mumbai.

Modi will on February 26 lay the foundation stone of 550 Amrit Bharat stations to improve facilities at railway stations by developing rooftop plazas and city centres at a cost of Rs 40,000 crore. The prime minister will also lay the foundation stone of nearly 1,500 road overbridges and underbridges across different states during a function that will be conducted virtually at over 2,000 railway stations, officials said on Wednesday. The prime minister will join the function via videoconferencing. Prizes will also be given to about 50,000 school students who had participated in speech, essay and poetry writing competitions on the «2047 — Viksit Bharat ki Railway» theme, organised by the Indian Railways across 4,000 schools.

The federal government is cutting the amount of financial relief small businesses will receive from carbon pricing revenues so it can increase thesize of the rebate it is providing to rural families.

Kevin Costner and Christine Baumgartner are officially divorced.The former couple — who for months have had the details of their contentious split publicized in the media — officially terminated their marriage on Friday, according to legal documents obtained by People magazine.Though their divorce was mostly settled in September, part of the final agreement determined both Costner, 69, and Baumgartner, 49, would be excused from attending a previously mandated co-parenting course.They will keep joint custody of their three children together: Cayden, 16, Hayes, 15, and Grace, 13.Baumgartner first filed for divorce in May 2023 after being married to Costner for 18 years. She cited “irreconcilable differences” as grounds for the divorce.In September, a representative for Costner told People that the divorce was “amicable.” The rep said Costner and Baumgartner reached a “mutually agreed upon resolution of all issues pertaining to their divorce proceedings.”Costner has been married once before, to Cindy Silva.

Mark Zuckerberg is planning to visit South Korea and is scheduling key meetings during his trip, Meta said in a statement on Wednesday without elaborating. Zuckerberg is expected to meet Samsung Electronics chairman Jay Y Lee as early as later this month to discuss AI chip supply and other generative AI issues, South Korean newspaper Seoul Economic Daily reported earlier on Wednesday, citing unnamed sources with knowledge of the matter.

Terry Gou, the billionaire founder of major Apple supplier Foxconn, made his first high-profile appearance in months on Tuesday at the firm's 50th birthday, following the ending of his bid for Taiwan's presidency late last year. Gou, who stepped down as Foxconn chief in 2019 and resigned as a board member last September, remains the company's largest shareholder and is still reverentially referred to by company executives as «the Founder».

VirnetX's bid to revive a $502.8 million jury verdict it won against Apple in a dispute over internet-security patents. The justices turned away Zephyr Cove, Nevada-based VirnetX's appeal of a lower court's decision to overturn the verdict against Cupertino, California-based Apple that had been reached by a jury in Tyler, Texas. VirnetX had challenged the U.S. Patent and Trademark Office's decisions to invalidate its patents.

K Krithivasan, CEO & MD of India's largest software firm Tata Consultancy Services (TCS), told ET that it «definitely sees green shoots in the market» and that growth will come from a mix of deal renewals and vendor consolidation, with some transformation projects rounding off the order bouquet.

edtech platforms move towards deploying artificial intelligence tools to enhance offerings, a clear divide has emerged within various segments of the industry. While higher education and upskilling startups are anticipating greater benefits from the technology, those servicing schools and students on a large scale may run into some headwinds, founders and executives at edtech companies told ET.

artificial intelligence tools must erect guardrails to support ethical development of the technology over the next decade, said the speakers at a Nasscom event on Tuesday. “Even though AI possesses immense transformative potential, it is our responsibility to ensure its increasing transparency. The fusion of human ideals with AI is important. The trajectory of AI in the future will be intricately tied to both human and democratic values,” Prime Minister Narendra Modi said in a written message which was read out at the Nasscom Technology and Leadership Forum 2024. “We remain firmly committed to the responsible and ethical application of AI across diverse fields,” Modi said.

Amazon is launching a new vertical featuring low-priced, unbranded fashion and lifestyle products, people aware of the matter said. The US ecommerce giant is looking to aggressively woo the Indian value customer, as demand for mass market products tapers and its own growth loses pace. Amazon Bazaar has begun onboarding sellers and is asking them to list unbranded products — including apparel, watches, shoes, jewellery and luggage — priced below Rs 600. ET has reviewed the company’s communication to merchants.

Aadhaar is not only one of the most vital KYC documents in the country for availing of government subsidies and benefits of various government-run welfare schemes, but also considered to be an important identity proof document across sectors as it includes important details of citizens like full name, permanent address, and date of birth, linked to a unique 12-digit number issued by the Unique Identification Authority of India (UIDAI). In 2018, the UIDAI introduced the concept of the ‘Baal Aadhaar’ card specifically tailored for children under the age of five. As the name suggests the Baal Aadhaar card is blue in colour, unlike the regular white Aadhaar card for adults.

Furman has announced a $40 million renovation for its basketball arena that will start in April and be ready by fall 2025

UK, Australia and Canada to study, enrolment numbers have been growing at schools in countries such as Lithuania, Estonia, Chile, Turkey, Malta, Taiwan and South Korea among others — not education destinations that readily spring to mind. More Indian students are heading to these nations this year, executives at halfa-dozen study abroad platforms and strategy consultant Redseer confirmed to ET. Click & check your eligibility for immigration Find out There are multiple reasons for the lack of interest. Post-Brexit UK is suffering from a poor economy and a worsening attitude to migrants.

Tripura's capital Agartala as member Bajrang Dal staged a protest following an incident at a private Christian missionary-run school in Agartala. It is alleged that a student was forbade from wearing a 'Hindu religious symbol'-adorned bracelet and confiscated it. It sparked an outrage. The school authorities, acknowledging the incident as «unfortunate,» reinstated the bracelet on the student's hand after the protest.

Flipkart has held discussions over potentially acquiring the on-demand delivery platform Dunzo, TechCrunch reported on Tuesday, citing three people familiar with the matter. While talks are still ongoing, complexities surrounding Dunzo's ownership structure have impeded the two parties from coming to an understanding over a deal, the report said.