Schools Financial News

Marcellus Investment Managers, its founder Saurabh Mukherjea encouraged market participants to direct as much criticism as possible. The fund's marquee consistent compounders portfolio has delivered a return CAGR of 17.4% over FY19-24, which is broadly in-line with the portfolio' EPS CAGR of 17.8% in the same period. Marcellus acknowledged that the portfolio performance (pre-fees) should have exceeded the EPS CAGR by a reasonable margin and they have fallen short in this regard.

Housing demand continues to be strong and is expected to grow further on the back of tax incentives offered in the Budget and a recent repo rate cut, CREDAI President Boman Irani said. CREDAI is an apex body for private real estate developers. In an interview with PTI, Irani asserted that there are no signs of demand slowdown in the Indian housing market, rather it will continue to rise in the long-term horizon. However, he said there could be an impact in some markets that are «over-heated» but overall at pan-India level there are no concerns at all on the growth going up only. Short-term blips in a real estate cycle is not something that we need to worry about. We need to see long-term growth," he told PTI in Nashik, where CREDAI recently organised its two-day conference.

Sunita Williams is all set to return to Earth soon after spending nearly nine months in space. Renowned for her contributions to NASA, Sunita Williams is known for her significant strides in space exploration, ground breaking achievements and record-setting spacewalks. An accomplished NASA astronaut and retired US Navy Captain, Sunita Williams has left an indelible mark on the world of space exploration.

Ainapur Hobli village in Kalaburagi recorded the highest temperature in the last 24 hours at 42.8°C. Speaking in Raichur, the minister said, «With rising temperatures, the government may change work timings for government offices. Officers should avoid field visits in the afternoon, and employees should not go out between 12 noon and 3 pm. Work should be done in the morning or evening. Raichur is seeing temperatures close to 43-44°C.» He also advised schools and institutions to take precautions. «Eat well, stay hydrated, and avoid dehydration. Government hospitals are prepared to handle heat-related issues,» he added. According to IMD, temperatures in North Interior Karnataka are expected to rise by 2-4°C between March 15 and 17, with a heatwave warning in some areas on March 18 and 19.

Job offers from startups and ecommerce companies at the country's prestigious business schools surged this hiring season, with graduates of the Class of 2025 being wooed with attractive pay packages to help drive growth and expansion plans. The Indian Institutes of Management (IIMs), XLRI-Xavier School of Management, Management Development Institute (MDI) Gurgaon, Faculty of Management Studies (FMS) Delhi, and Institute of Management Technology (IMT) Ghaziabad were among the B-schools that saw offers pour in from companies such as Zomato, Flipkart, Amazon, Navi, Myntra, PhonePe, Ola, Nykaa and Swiggy, among others. Business expansion plans and the push towards digital transformation drove hiring across domains, including product management, growth and marketing, operations, business analytics, sales, tech, finance and human resources (HR), covering entry- to mid-level leadership roles.

They are emblematic of a new generation of travellers stepping out of the cosy confines of their homes to experience festivals of all hues and colours — seeking immersion, adventure and a deeper connection with cultural traditions. Indians are increasingly planning trips around festivals, both within the country and abroad, said travel industry executives.

Trinamool Congress leader and former West Bengal education minister Partha Chatterjee was granted permission by a special court to be an approver in the school jobs scam, ED sources said. His son-in-law Kalyanmoy Bhattacharya was also named as an accused beneficiary in the case. Chatterjee was arrested by the ED in 2022 for his alleged involvement in the multi-crore primary teacher recruitment scam. His close associate Arpita Mukherjee was also arrested at that time. «Kalyanmoy Bhattacharya wanted to turn an approver in the case. He approached the special ED court in this regard, and it granted him permission,» a source said. Bhattacharya is likely to give a confidential statement before a magistrate, the source said. The officials of the Enforcement Directorate have interrogated Bhattacharya and in one of its supplementary charge sheets, his name was found to be an accused beneficiary.

Tamil Nadu Finance Minister Thangam Thennarasu on Friday stated that the central transfers from the Union Government in the form of Grants-in-aid and share in central taxes as a proportion of total revenue receipts have reduced significantly. The Tamil Nadu Minister while presenting the state budget for 2025-26 said that the state's own revenues have been increasing due to the efforts of the state Government. «While the State's Own Revenues have been increasing due to the efforts of the Government, the central transfers from the Union Government in the form of Grants-in-aid and share in central taxes as a proportion of total revenue receipts have reduced significantly,» Thennarasu said. He said that withholding of funds under Samagra Shiksha, denial of funds under NDRF for Cyclone Fengal, and a paltry release of Rs 276 crore for two massive disasters in the form of Cyclone Michaung and the unprecedented rainfall in southern districts have all caused severe strain on the State Finances. «In 2024-25, the grants-in-aid are estimated to substantially reduce to Rs.20,538 crore in the Revised Estimates, as compared to the Rs. 23,354 crore projected in the Budget Estimates. Anticipating the release of the entire funds due to the State under Samagra Shiksha in the ensuing year, the Grants-in-aid receivable from the Union Government are estimated at Rs.23,834 crore in Budget Estimates 2025-26,» he added.

Johns Hopkins University said Thursday it is being forced to lay off more than 2,000 employees in the aftermath of the Trump administration's massive reduction in foreign aid funding. «This is a difficult day for our entire community. The termination of more than $800 million in USAID funding is now forcing us to wind down critical work here in Baltimore and internationally,» the school, a leading institution of scientific research, said in a statement. Hopkins, in Maryland's largest city an hour's drive north of the US capital, is eliminating more than 2,000 positions — 1,975 in projects across 44 countries and 247 jobs in the United States. The cuts impact several key programs, including the university's medical school and school of public health, and Jhpiego, a global health non-profit organization founded at the university more than 50 years ago and which works to improve health in countries worldwide. «Johns Hopkins is immensely proud of the work done by our colleagues in Jhpiego, the Bloomberg School of Public Health, and the School of Medicine to care for mothers and infants, fight disease, provide clean drinking water, and advance countless other critical, life-saving efforts around the world,» the university said.

Harvard University terminated a librarian this month who ripped down a poster of Israeli hostages at a pro-Palestine rally, while Yale University’s law school placed a pro-Palestinian research scholar on leave over allegations that she has ties to a group subject to US sanctions. At Cornell University, a group called Students for Justice in Palestine faces suspension after disrupting a “Pathways for Peace” event on campus this week, and the University of California at Los Angeles —- rocked last year by anti-Zionist rallies and accusations of mistreatment of Jewish students — created a new initiative to combat antisemitism. Columbia University, the scene of some of the most dramatic protests against Israel last year, said the school will transform its approach to managing demonstrations.

Samajwadi Party MLA Abu Azmi has been cautioned by a Mumbai court to exercise restraint during interviews as any «irresponsible» statement by a senior politician like him can spark riots. Additional Sessions Judge V G Raghuwanshi schooled Azmi while granting him anticipatory bail on Tuesday in a case filed against the SP legislator for his remarks praising Mughal ruler Aurangzeb. The offence concerns some statements made during an interview and it means police do not need custody for seizure of any article or interrogation, the court said in the order, a copy of which was made available on Thursday. Noting that Azmi is a politician and businessman and it was improbable that he would run away from the course of justice, the judge said it was a «fit case to exercise discretion» in his favour. «Before parting with the order I would like to caution the applicant (Azmi) to exercise restraint on himself while giving interviews, having regards to prevailing circumstances. Any irresponsible statement can flare riots and create law and order problems,» the court said. «I hope the applicant, being a senior politician, will understand his responsibility,» it added.

Keki Mistry, Former VC & CEO, HDFC & Independent Director in Several Companies, says he would be surprised if India’s growth is not 7% or very close to 7% by the second half of the year. If monsoons are good, food prices continue to remain low, and there is low geopolitical uncertainty, then we can cross 7% in the latter part of the year. Mistry also says that the risk to India from tariff threat is far lesser than the risk to countries like China, Canada or any of these European countries. India is hugely dependent on the domestic economy though exports make for 22-23% of GDP and the US accounts for 16-17% of total exports. So, the proportion of the impact it will have on India will be lesser than in most other countries. FMCG, retail, also the IT sector will do well because of rupee depreciation.

Seo Hye-jin under Crea Studio. Despite Seo Hye-jin’s history of producing hit shows, Under 15 is generating buzz for all the wrong reasons. The show is actively scouting children between the ages of 3 and 15 from more than 70 countries, sparking widespread concern. Reports indicate that the producer’s goal is to form a group with an average debut age even lower than NewJeans’ 16.4 years, raising ethical questions about the industry's growing push toward increasingly younger idols. As the introductory poster of one of the contestants, eight-year-old Kim Ga Yoon, went viral on X, several netizens condemned the induction of such young children, pointing out that they are vulnerable to predators. Many also objected to the name of the programme, saying that such a suggestive name would attract the attention of pedophiles.

New Zealand police on Thursday (March 13, 2025) arrested two people and charged one of them in the case involving two schools which had received threat emails. Police launched an investigation to trace the threat email and zeroed in on an address in Māngere East. The officers then arrested a 20-year-old man and a woman. The man was later charged with the possession of a firearm. According to a New Zealand news portal, acting Counties Manukau District Commander Inspector Alison Brand informed that the duo taken into custody did not offer any resistance when they were confronted by the officers. «Investigation staff have been speaking with both of these individuals throughout the day. This is still very much an active investigation and we are limited in further comment at this stage,» said Brand. “Police have now charged a 20-year-old man with a firearms offence. This relates to a firearm located at a different property," she added. Police will produce the man before the Manukau District Court on Friday and may press more charges against him. The entire operation was carried out after a search warrant issued at the address on Thursday morning.

Sarie Morton, a student at Matamata College (New Zealand), died Wednesday afternoon after being struck by a train near the intersection of Firth St and College St in Waikato. Her school mourned her tragic death in a Facebook post on Thursday by Matamata College board presiding member Craig Alexander and principal Dr Angela Sharples. «It is with deep sadness that we inform our school community of the sudden passing of one of our beloved students, Sarie Morton, following an incident after school yesterday. Our heartfelt condolences go out to Sarie’s family and friends during this incredibly difficult time,» the post read. KiwiRail is providing support to the train driver involved. Emergency services responded to the incident around 3:15 pm local time on Wednesday, but Sarie died at the scene of the accident. The school will remain open Thursday and Friday to provide support for those affected by the tragedy. Professional support services are available to anyone who needs them.

Global trade is forecast to grow, albeit less robustly, as the world reacts to U.S. President Donald Trump's tariff policies, Germany's DHL Group CEO Tobias Meyer told Reuters on Wednesday. «That outlook is mainly based on the 75% of global trade that does not touch the U.S.,» said Meyer, who noted that segment is seeing positive momentum. The global goods trade is expected to expand at a compound annual rate of 3.1% from 2024 to 2029, a modestly faster pace than during the preceding decade, according to the DHL Trade Atlas 2025 prepared by delivery firm and New York University's Stern School of Business.

Eklavya Model Residential Schools in their mother tongue and have refused to switch from state boards to CBSE as prescribed by the Centre. As the slugfest between BJP-led NDA government at the Centre and Tamil Nadu continues over the imposition of Hindi, the two states have refused to sign a memorandum of understanding with the Centre to run Eklavya schools, which provide education to tribal students from Class 6 to 12. This means that education will be imparted in local languages under state boards.

New Govt, New School Dress: N Chandrababu Naidu dispensation has changed the colour of uniforms in Andhra Pradesh government-run schools. On the face of it, it seems like any administrative decision, but the reason is purely political. Under the previous YS Jagan Mohan Reddy-led YSRCP government, uniforms were blue and purple — colours associated with the party.

three-language policy issue, Union education minister Dharmendra Pradhan asserted in the Rajya Sabha on Tuesday that the National Education Policy (NEP) does not seek to impose any language on anybody, and the whole controversy has been raked up by the Tamil Nadu chief minister and his party to revive political fortunes and score brownie points to hide its governance and welfare deficit. He said under the three-language formula, the medium of instruction till Standard V will be in the mother tongue and the other two languages will be a student's choice. In his reply to a debate in the Rajya Sabha on the working of the education ministry, Pradhan cited facts and figures while emphasizing that the Tamil language is nobody's monopoly.

gender equality, and resilience through a heartfelt LinkedIn post recounting his childhood experience. He shared how being locked inside his house every afternoon in Dhanbad shaped his perspective on life and leadership.