Schools Financial News

Surge, Peak XV’s programme for early-stage startups, has selected 14 startups for its tenth cohort, focusing on artificial intelligence (AI), financial services, consumer sectors and healthcare. Rajan Anandan, managing director of Peak XV, told ET that this is Surge’s most broad-based cohort, both geographically and across sectors. This also marks Surge’s second cohort since Peak XV Partners was formed following the split from Sequoia Capital.

The live fire drills were being held near the Pingtan islands off Fujian province from 9 a.m. to 1 p.m., according to a notice from the Maritime Safety Administration. It warned ships to avoid the area. It did not offer additional details. Taiwan's Defense Ministry said China's drills were part of an annual exercise and was tracking them. «It cannot be ruled out that it is one of the ways to expand the deterrent effect in line with the dynamics in the Taiwan Strait,» the statement added.

«Bengaluru can expect a cloudy sky today, accompanied by light to moderate rainfall and thunderstorms in both urban and rural areas. The maximum temperature in the city is expected to be 29 degree Celsius while the minimum is expected to be 21 degrees Celsius,» according to the IMD. India's weather agency excpects more rains in the Karnataka capital city, Bengaluru, today i.e. on October 22. Yesterday, due to the incessant rain, the District collector had declared a holiday for Anganwadis, schools in the city. However, no notice for extension of holiday is released.

Cyclone Dana, schools to remain closed in Ganjam, Puri, Jagatsinghpur, Kendrapara, Bhadrak, Balasore, Mayurbhanj, Keonjhar, Dhenkanal, Jajpur, Angul, Khurda, Nayagargh and Cuttack districts from October 23 to 25. India Meteorological Department (IMD) has predicted heavy rainfall in Odisha in the upcoming week as Cyclone Dana is expected landfall on October 24. Speaking to ANI, IMD scientist Soma Sen Roy said that warnings have been issued for coastal Odisha and Andaman and Nicobar Islands due to the impact of the landfall.

soft power quotient will get a boost with Russian President Vladimir Putin planning to discuss promotion of Indian cinema with Prime Minister Narendra Modi during their meeting Tuesday on the eve of the BRICS Summit here. Putin recently said Indian cinema is more popular in Russia than entertainment from any other BRICS country. Russia has a dedicated TV channel that plays Bollywood movies «day and night», he said. This was the first time Putin has brought up the issue of the soft power quotient in the India-Russia partnership. Bollywood movies have been extremely popular in the erstwhile Soviet Union. Raj Kapoor, Mithun Chakraborty and Hema Malini are cult figures across the ex-Soviet republics. Yet Russia has not been chosen by the Indian film industry as a location for film shootings.

Israeli army said Monday that the latest commander responsible for funding the Lebanese Hezbollah group was «eliminated» in Syria. The man, whose name was not released, headed the Iran-backed Hezbollah's Unit 4400 that is «responsible for the transfers and the amount of funds» to the group through Tehran's oil sales, army spokesman Rear Admiral Daniel Hagari said in a statement. The commander was «eliminated» in Syria «a few hours ago», he added.

The Israeli military has carried out a wave of airstrikes targeting branches of a financial institution affiliated with Lebanon’s Hezbollah, saying the quasi-banking system is being used to fund the militant group’s military wing

This may be the case with central bank digital currency (CBDC). Announced in Nirmala Sitharaman's 2022 budget speech to bolster the unfounded belief that private virtual currencies (PVCs) like bitcoin, upon which an unpopular tax was levied, posed a threat that only a CBDC could counter, RBI was forced to railroad this project into the list of commercial bank priorities, and public consciousness. Had it been possible to rectify the misconception of its eminence grise, e₹ might never have been. After all, the capital gains tax on the sale of PVCs showed that GoI treated them as speculative assets rather than as competitive currencies. In any case, bitcoin did not threaten rupee transactions.

Binya seldom closed the blue umbrella. Even when she had it in the house, she left it lying open in a corner of the room. Sometimes Bijju snapped it shut, complaining that it got in the way. She would open it again a little later. It wasn't beautiful when it was closed. Whenever Binya went out… she took the umbrella with her. That patch of sky- blue silk could always be seen on the hillside. Old Ram Bharosa kept the tea shop on the Tehri road… 'What have you there, Binya?' he asked.

Nirmala Sitharaman has approved the creation of Chief General Manager post (CGM), below board level, in five more nationalized banks including Bank of Maharashtra, Central Bank of India, and UCO Bank. Besides, Indian Overseas Bank and Punjab & Sind Bank would now elevate their General Managers (GM) to CGMs. Prior to this, CGM posts were available in six out of 11 nationalized banks. «While creating the said post, the Finance Minister has also approved the increase in the existing number of CGMs in the banks that already have CGM-level posts. This step will significantly enhance the administrative structure and efficiency of banks,» the finance ministry said in a statement.

BRICS meets for the first time in Kazan, Russia, a potential inflexion point for a group that has so far failed to have an unifying narrative. India has been the bulwark against the attempt to give it an ideological 'anti-West' slant. India could continue to play that role or, better still, leverage the expanded membership — each new member was on its wish list — to define India's neutral pathway. Kazan is not just another BRICS summit. It's a critical moment in India's self-fashioning journey on the global stage. From the moment Russia invaded Ukraine, India has argued its choices in terms of multipolarity, historical ties, defence needs, strategic alliances and partnerships, and economic needs. Kazan offers India an opportunity to emerge not as the ace tightrope walker balancing West and 'anti- and not-so-pro-West' interests, but as a proactive neutral voice committed to a rules-based world order. Kazan should provide the occasion when it can emerge as the 'Switzerland' of our times.

Details of the patrolling agreement are yet to be shared but disengagement of troops at both Depsang, where Chinese soldiers had blocked access to patrolling points by occupying the 'Y Junction', and Demchock, where tents had been erected Indian side of LAC, was vital to move to the next step of de-escalation. A larger de-escalation- in which forward deployed troops inducted in thousands since tensions broke out in 2020 will be moved back to their peacetime locations — has been the focus of talks from the Indian side.

Real Madrid will play Borussia Dortmund in UEFA Champions League match on Tuesday. Madrid will look to win three points at home ground after a shocking loss in the previous match. Champions League match between Madrid and Dortmund is scheduled to kick off at 3 pm (ET) on Tuesday, October 22. One can watch Real Madrid's Champions league match on Paramount+ and Fubo. Fubo offers free live streaming. Real Madrid is likely to win the game against Borussia Dortmund.

BRICS summit, the Modi government has said that India and China have reached an agreement to resume patrolling in eastern Ladakh. The development has brightened chances of a meeting between PM Narendra Modi and Chinese President Xi Jinping in Kazan on the sidelines of the summit. «Over the last several weeks, Indian and Chinese diplomatic and military negotiators have been in close contact with each other in a variety of forums. As a result of the discussions that have taken place over the last several weeks, an agreement has been arrived at on patrolling arrangements along the Line of Actual Control in the India-China border area and this is leading to disengagement and eventually a resolution of the issues that had arisen in these areas in 2020,» foreign secretary Vikram Misri said at a media briefing. Indian and Chinese soldiers will be able to resume patrolling in the way they had been doing before the border face-off in May 2020, external affairs minister S Jaishankar said at a media event. He said LAC breakthrough is a good development that happened due to «patient and persevering diplomacy».

Ishan Kishan returned to the national reckoning as he was on Monday named in a 15-member India A squad, to be led by Ruturaj Gaikwad, for the upcoming tour of Australia. Fresh from his fine hundred against Mumbai in the Ranji Trophy, Maharashtra's Gaikwad was named captain of the India A team. India A will play two first-class matches against Australia A in Mackay and Melbourne and then take part in a three-day intra-squad game against the senior India team in Perth. Apart from Gaikwad, the squad also includes other opening batters like Abhimanyu Easwaran and Sai Sudharsan, as India will likely need to name a reserve opener in their Test squad for the upcoming tour of Australia, with captain Rohit Sharma set to miss one of the first two matches of the Border-Gavaskar Trophy for personal reasons.

Azrael is set to stream exclusively on Shudder from October 25. This film stars Samara Weaving and has already gained critical acclaim, with a 74% score on Rotten Tomatoes. The plot centers around survival in a world ravaged by demonic creatures after the Rapture.

Nirmala Sitharaman on Monday pitched the India story to a large group of pension funds and institutional investors in the US and impressed on them to take advantage of India's enormous investment opportunities. Sitharaman addressed a roundtable on “Investment Opportunities in India” at the New York Stock Exchange (NYSE), the world’s oldest and largest bourse with around 11 Indian companies listed on it, according to a finance ministry post on X (formerly Twitter). “The roundtable is being attended by various pension funds and other institutional investors and fund managers across USA, forming one of the largest financial systems in the world in terms of total assets under management,” the ministry said in the post.

Ola Electric announced today that it has resolved 99.1% of the 10,644 complaints received from customers, asserting that it has a robust system in place to address consumer grievances. The electric scooter maker currently holds a 27% market share in India's e-scooter market. Earlier this month, the Central Consumer Protection Authority (CCPA) issued a show-cause notice to Ola Electric for alleged violations of consumer rights, misleading advertisements, and unfair trade practices. The notice addresses various consumer concerns, though specific allegations have not been disclosed. The CCPA's notice is seen as a formal measure to ensure consumer protection amid mounting complaints.

food content creator who shared a photo of her meal consisting of rice and dal, proudly expressing her commitment to a vegetarian lifestyle. In her post, she declared that her “plate is free from tears, cruelty, and guilt,” sparking a backlash. Many found her statement offensive, accusing her of being judgmental and dismissive of those who choose to eat meat. While a few supported her stance, the majority of responses disagreed with her point of view. Numerous social media users emphasized that no one has the authority to dictate others' dietary choices. Some made thoughtful remarks, noting that plants also experience pain. Meanwhile, others, mocking her post, shared images of their plates filled with various meat dishes, defending their right to enjoy non-vegetarian food.

On board that August flight from Jakarta to Los Angeles were Kaesang Pangarep, the younger son of President Joko Widodo of Indonesia, and Kaesang's wife, Erina Gudono. Details of the trip trickled out on Erina's social media accounts: a $1,500 stroller for their soon-to-be-born baby and a $25 lobster roll for lunch. Her posts were seen as tone deaf and led to an uproar at home because most Indonesians cannot afford luxury items. But what made many furious was the fact that the couple traveled on a private jet. It was the antithesis of the Everyman image Joko has long projected. The plane was linked to Shopee, the operator of an online mall. The company had planned to construct a new building in the city of Solo, where Joko began his political career and where until recently the mayor was his older son, Gibran Rakabuming Raka.

Israel-Hezbollah war to end «as soon as possible», as it pressed for the enforcement of a UN resolution that required the armed group to withdraw from south Lebanon. US envoy Amos Hochstein held talks in Lebanon's capital with parliament speaker Nabih Berri, a Hezbollah ally, in a push for an end to a nearly month-long war that has killed more than 1,470 people in Lebanon. «Tying Lebanon's future to other conflicts in the region was not and is not in the interest of the Lebanese people,» Hochstein said, referring to a key Hezbollah demand that any ceasefire in Lebanon be linked to an end to the war in Gaza.