Schools Financial News

Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...

There has been a concerning rise in Islamist extremism in Bangladesh, which has led to increased violence against minorities, particularly the Hindus. The political vacuum following the resignation of Prime Minister Sheikh Hasina has allowed Islamist parties to gain ground. The situation in Bangladesh has been dire for the Hindu community. There have been numerous reports of violence and killings by radical mobs. For instance, during the recent Durga Puja celebrations, there were back-to-back attacks on Hindu communities, including attacks on puja mandaps. Miscreants attacked an idol immersion procession in Old Dhaka, injuring three people. Additionally, there have been reports of bomb attacks on puja mandaps and other violent acts targeting the Hindu community.

foul play in a fire that broke out Wednesday in a flat at Andheri's Lokhandwala Complex, resulting in the deaths of three individuals, reported TOI. Among the deceased were a visually impaired senior citizen, his elderly wife, and their domestic help. During the initial inspection, authorities discovered bloodstains in the living room, raising immediate concerns. Notably, while the couple's bed was charred, nearby curtains remained untouched, according to the TOI report. Police also noted a «distinct smell of kerosene» in the apartment. Initial reports indicated that the fire may have originated from the flat's air conditioning unit, noted TOI… However, neighbours reported that the couple rarely used the AC, casting doubt on the possibility of a short circuit. Additionally, other household items were found intact, raising further questions about the fire's cause and why only the bed was destroyed.

BJP) Jharkhand assembly election co-incharge and Assam Chief Minister Himanta Biswa Sarma on Friday shared the expected seat-sharing arrangement for the upcoming Jharkhand Assembly Elections. Speaking at a press conference, Sarma stated that discussions with allies are ongoing. «As of now, All Jharkhand Students Union (AJSU) will contest 10 seats, Janata Dal (United) will get 2 seats, and Lok Janshakti Party (LJP) will contest 1 seat,» he said. The BJP will field candidates for the remaining constituencies, Sarma added.

Rajnath Singh on Friday said the private sector must play a leading role in defence sector, citing its ability to drive innovation and adapt to rapid changes. Speaking at the DRDO Industry Workshop on defence technology acceleration in Delhi, Singh said, «Technology's impact on the defence sector is not limited to conventional warfare; it has given birth to unconventional warfare, including drones, cyber warfare, bio-weapons, and space defence. These elements pose challenges to the defence sector.» «I think the time has come for the private sector to take the lead in defence sector participation. I say this because the private industry has the capability not only to absorb rapid changes but also to create new innovations,» he added.

Bengaluru police have filed an FIR against Union Minister Pralhad Joshi's brother and sister based on a complaint of cheating lodged by a former JD(S) MLA's wife. His brother Gopal Joshi and sister Vijayalakshmi were booked by Basaweshwaranagar police. Gopal's son Ajay Joshi has also been named in the FIR, police sources said on Friday. The complaint was filed by Sunita Chavan, wife of former Nagthana MLA Devavand Phool Singh Chavan, who lost the 2023 Assembly election. She alleged that Gopal promised her to get a ticket to contest the May Lok Sabha elections when she approached him at his Hubballi residence in north Karnataka in March and later delivered Rs 25 lakh at Vijayalakshmi's house at Basaveshwaranagar here on his instruction.

food poisoning. The students had consumed the midday meal served at the school before they started complaining of nausea and abdominal pain. The affected individuals were admitted to Chhattrapati Shivaji Maharaj Memorial (CSMM) Hospital in Kalwa for treatment.

exports of personal computers including laptops have emerged as a key electronic item shipments from India during April-August this fiscal, according to the commerce ministry data. The exports of personal computers have recorded healthy growth in five destinations- the UAE, Russia, Bangladesh, the US, and Sri Lanka. The exports of laptops to the top five markets — increased to $102.6 million in April-August from just $37 million in the same period of the previous year, the data showed. The government's support to personal computer manufacturing through Production Linked Incentive (PLI) and other measures like ease of doing business have supported this growth.

West Bank are running out of cans and sugar, blocked by the prolonged closure of a Jordan border crossing, managers of two soda-bottling plants in the occupied Palestinian territory said. In the latest global supply chain snarl due to the conflict in the Middle East, a crucial trade crossing at the Allenby bridge has been largely closed to commercial traffic since early September after a Jordanian gunman shot and killed three Israeli civilians. Sugar and cans previously were transported to West Bank bottlers from Jordan via the bridge, according to Hatim Omari, manager of a plant that bottles Pepsi, 7UP and Mirinda for sale in the Palestinian territories and neighboring countries.

Wipro on Thursday posted a 21% year-on-year and 6.3% sequential increase in net profit for the second quarter, when three of its four strategic market units (SMUs) reported better performance and the company also saw improved execution levels and an expansion in margins. The fourth largest Indian IT services firm posted a net profit of Rs 3,227 crore for the quarter ended September 30. Revenue rose 1.5% sequentially to Rs 22,301 crore, helped by increased momentum in banking, financial services and insurance (BFSI) and consulting. It, however, fell 1% from a year earlier.

Fintech firms which rely on co-lending partnerships with large non-banking finance companies (NBFCs) could be in for more stress, after the Reserve Bank of India’s action on Navi and DMI Finance on Thursday, industry executives told ET. Fintechs typically charge higher interest rates given they cater to the sub-prime category of customers, offering them unsecured credit. With the RBI raising this issue of usurious interest rates, platforms might need to tweak their models. In the fintech world, interest rates can climb up to 35%-40% per annum, depending on the borrower profile. While banks and NBFCs partnered with such fintechs given the demand in the market, this might come to a grinding halt now.

Fintech platform Mobikwik, which runs Mobikwik Xtra in partnership with Lendbox, has mandated that all withdrawals will be done on the 12th of every month and said the proceeds will be credited to the investor’s bank account in three working days. While BharatPe has stopped the P2P lending product, Cred has put all new investments on hold.

education startup Eruditus has raised $150 million in new funding at a flat valuation of $3.2 billion post-money, led by TPG Rise, an impact investment fund from the US private equity investment firm. Existing investors SoftBank Vision Fund 2, Leeds Illuminate, Accel, CPP Investments and the Chan Zuckerberg Initiative participated in the round. TPG Rise has invested $100 million in Eruditus while SoftBank has put in another $20 million.

group insolvency framework under the bankruptcy law. This will facilitate a joint resolution of stressed entities of a domestic corporate group, given the interconnected nature of their operations, people aware of the development said. The framework will be a part of Insolvency & Bankruptcy Code (IBC) amendments that the corporate affairs ministry could introduce in the winter session of Parliament, likely in December, they said. The mechanism could empower the committees of creditors of various bankrupt companies of a group to decide if they need to join hands to speed up resolution and maximise gains or pursue the processes separately, they told ET. It will apply only to a group’s bankrupt companies and won’t extend to its solvent entities, they said.

Ratan Tata named lawyer Darius Khambata and close friend and associate Mehli Mistry as executors of his will, along with half-sisters Shireen and Deanna Jejeebhoy, according to executives with knowledge of the matter. Tata died on October 9 at the age of 86, with half-brother Noel Tata succeeding him as Tata Trusts chairman. Ratan Tata held a 0.83% stake in Tata Sons and had a net worth of Rs 7,900 crore, according to the Hurun India Rich List 2024. He was always keen that a significant portion of his wealth go to charity and the welfare of society.

housing crisis boiling up in the United States mostly centered around the unavailability of homes in the largest metros of the country. Although alarms around this scenario have not yet been raised, there is no denying the fact that this shortage of homes in metropolitan regions clearly depicts the true nature of a housing crunch in the United States, which is a big problem for the federal administration to address in the coming months.

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

One Direction singer Liam Payne died as a result of extremely serious injuries sustained in a fall. Former One Direction member Liam Payne died at the age of 31 after he fell from an Argentina hotel balcony. After falling from his hotel room in Argentina, One Direction star Liam Payne tragically died. According to authorities, Payne was residing at the CasaSur hotel in Buenos Aires' Palermo neighbourhood and had a history of severe health problems, as quoted in a report by Daily Express US. As a member of One Direction, which was formed in 2010 after the members appeared on the British television program X Factor, the English singer gained notoriety.

Donald Trump is coming back as the President of the United States, and the same can be observed in bank-based stocks as well as the crypto market.

The Penguin promise escalating tensions between Oswald Cobblepot, known as Penguin, and Sofia Falcone. As Gotham's criminal landscape shifts, both characters aim to dominate the city's underworld.