POLITICS
NEET-EWS conflict: Supreme Court okays OBC, EWS quotas in NEET this year
It means the stalled counselling of the NEET PG and NEET UG admissions will resume soon ending months of delay and weeks of protests from resident doctors.
ECONOMY
Exclusive | JNU VC Jagadesh Kumar, two others in fray to become next UGC chairman
The role of the next UGC chairman will be crucial for implementing the new National Education Policy, and reform of the higher education sector. The position is seen as a politically sensitive one, as education and its policies have a larger political-economy impact.
BUSINESS
Exclusive: Centre likely to come up with two minimum wage rates by April
A mandatory minimum wage rate will be crucial for implementing the wage code on labour and also iron out the wide variance in minimum wage offered across sectors and states
BUSINESS
Omicron halts students' return to schools and colleges; pauses hope of faster normalcy in education sector
But experts and school promoters believe that the uncertainty around schooling and normal functioning of educational institutes will end over the next few months as the third wave subsides. There is a consensus that learning loss due to closure of campuses has adversely impacted all stakeholders.
BUSINESS
Government to bring policy to regulate edtech companies
The Union Education Ministry is in talks with the Ministry of Law and MeitY to develop a common policy to regulate edtech platforms.
BUSINESS
IIT Madras plugs into EV revolution, rolls out Master’s Program on Electric Vehicles
Eight departments at the IIT will collaborate on the interdisciplinary dual degree course aimed at students graduating from the college’s BTech and dual degree programmes.
BUSINESS
Exclusive: Edtech unicorn upGrad bullish on non-linear growth, says Mayank Kumar
India’s online education market is predicted to reach $3.5 billion by the end of 2022
BUSINESS
Daily jobless rates spike after night curfews and local lockdowns, signalling early jitters for labour market
Average unemployment rates in both urban and rural India spiked yesterday, shows data from Centre for Monitoring Indian Economy.
BUSINESS
Edtech firms turn enablers amid massive learning loss at schools, colleges
Beyond the news around funding and firms turning unicorns, in 2021 the edtech space became part of the core education sector ranging from teaching-learning to assessment, from tutoring to upskilling, from offering learning management systems to carrying out remote proctoring.
BUSINESS
IIT-M, IIT-B and IIT-D ranked as three most innovative institutions in India: Govt
Union education ministry said a concerted effort by the higher educational institutions is required towards inculcating a culture of innovation and entrepreneurship.
BUSINESS
CAG finds infirmities in financial management at new IITs, struggling to generate internal receipts
The CAG report underlined that delay in infra development due to several factor led to revision of capital outlay – from an initial estimate of Rs. 6,080 crore in July 2008 to Rs.14,332 crore expenditure revision in 2019. CAG says proportion of the internal receipts to the recurring expenditure of the IITs was very low even after having been established over a decade back.
BUSINESS
Exclusive: EPFO aims to achieve 100% e-nomination by February, makes it 'crucial' for PF withdrawal
At least 40 percent of the active EPF subscribers' accounts are without nominations, and the pension fund body believes that this needs to be plugged on a priority
BUSINESS
Year Ender: Labour reform slowed down in 2021; will it pick up pace in 2022?
Experts argue that governments at the states and at the Centre seem to have got convinced that there is an economic as well as political cost of implementing labour codes in 2021. This led to the stalemate, but 2022 may be the year to roll out the stalled labour reforms at least in a staggered way.
BUSINESS
MC Interview: We are planning for IPO but before that we shall achieve certain size: Pravin Agarwala of BetterPlace
'We want to touch three crore people every day. We are looking at rapid growth year-on-year so that we should be little over $300 million revenue (over Rs 2,250 crore) by that time – from, let’s say $50 million now, to $300 million by March 31, 2024
BUSINESS
Exclusive: IITs attract 9,000 jobs in first phase of campus hiring, over 160 get Rs.1 crore plus annual salary
The pay hikes offered at the older campuses of IIT this year have been in the range of 15% to 35% amid a fierce corporate battle for top technology talent.
BUSINESS
H-1B visa: US withdraws proposed rule, lottery-based system to continue
Technology firms use H-1B, a non-immigrant visa to hire thousands of employees every year from countries including India. The department of home land security says it intends to comply with the US District Court for the Northern District of California's decision vacating the H-1B Selection Final Rule.
BUSINESS
IIT Bombay placements: Record 1,382 jobs accepted in first phase, 12 bag Rs 1-cr plus annual salary
According to IIT-B, the number of international offers above Rs 1 crore were seven and domestic offers above Rs 1 crore were five.
BUSINESS
COVID-19 impact: Over 68 lakh formal workers dip into EPF savings in past eight months
At least 28,340 people are dipping into their retirement savings every day via a special provision to deal with the hardship that arose due to COVID-19-induced income and job loss in the country.
BUSINESS
October sees 7.57 lakh fresh additions to formal work, a five-month low: EPFO Payroll
Of the 12.73 lakh net subscribers added in October, at least 7.57 lakh members have been enrolled for the first time, EPFO payroll data showed. Of the total additions, female enrolment was approximately 21.14%.
TRENDS
Explainer: Why are the resident doctors protesting over delay in NEET-PG counselling?
The protesting doctors argue that the postponement of NEET-PG counselling has resulted in zero admission of fresh postgraduate doctors. This has led to underutilisation of precious medical seats available, and has also overburdened junior residents working in various hospital departments.
BUSINESS
Govt defines gig workers, underlines welfare fund for unorganised labourers
A Social Security Fund will collect 1-2 percent of the annual turnover of gig and platform aggregators, subject to the limit of 5 percent of the amount paid or payable to such workers
BUSINESS
Labour code rollout takes backseat as states go slow, assembly polls loom
Not all states have framed the draft rules for codes on wages, occupational safety, industrial relations and social security, which introduce far-reaching changes with implications for both employers and workers
BUSINESS
IIT-Delhi placements: Record 1,250 jobs offered in first two weeks, compensation up 20%
Microsoft, EXL Analytics, Graviton Research Capital LLP, HCL Tech and Jaguar Land Rover India Ltd were the top 5 recruiters, with Microsoft alone making 60 offers
BUSINESS
MC Interview | ISB will be a role model for B-schools in solving problems of a developing economy than just catering to MBAs: Dean Pillutla
We would like to become the platform provider of skills for states, ISB dean Madan Pillutla said in an interview.
