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SECTOR | 23 Jun 2025

Keep learning, question the status quo, RBI Guv Malhotra tells IITians

Business Standard

Never stop questioning the status quo and keep learning because karma largely determines outcomes, RBI Governor Sanjay Malhotra said on Monday as he went down memory lane and shared his thoughts with IIT students. An alumnus of IIT Kanpur, Malhotra also emphasised that trust is the foundation on which any relationship is built, whether it is marriage, friendship, or at the workplace - between the CEO and the employees, or between a company and its consumers. Malhotra recalled his days at IIT Kanpur and sounded nostalgic as he even mentioned his roll number while delivering the address at the 58th convocation of the institute. As a fellow alumnus, roll number 85213, who has experienced life after campus, Malhotra said there are four learnings from his journey -- learning for life, questioning the status quo, pursuing virtuous karma and trust. "Remember that learning is for life. The moment one is not learning, it is a signal that one is not growing; one is not advancing. It is...

Education

SECTOR | 23 Jun 2025

IIT-Kanpur convocation: RBI Governor Sanjay Malhotra highlights the value of trust

Business Line

RBI Governor emphasises trust in business relationships, leadership, and personal growth at IIT-K convocation, highlighting importance of integrity.

Education

SECTOR | 23 Jun 2025

Delhi University blames glitch after 'Muslim' listed as language on form

Business Standard

DU sparked a row after listing 'Muslim' as a mother tongue while omitting Urdu - prompting criticism for conflating religion with language; university called it a clerical error

Education

SECTOR | 22 Jun 2025

FedEx founder Fred Smith, pioneer of express delivery, dies aged 80

Business Standard

Fred Smith, the FedEx Corp. founder who revolutionised the express delivery industry, has died, the company said. He was 80. FedEx started operating in 1973, delivering small parcels and documents more quickly than the postal service. Over the next half-century, Smith, a Marine Corp. veteran, oversaw the growth of a company that became something of an economic bellwether because so many other companies rely on it. Memphis, Tennessee-based FedEx became a global transportation and logistics company that averages 17 million shipments per business day. Smith stepped down as CEO in 2022 but remained executive chairman. Smith, a 1966 graduate of Yale University, used a business theory he came up with in college to create a delivery system based on coordinated air cargo flights centred on a main hub, a "hub and spokes" system, as it became known. The company also played a major role in the shift by American business and industry to a greater use of time-sensitive deliveries and less...

Education

SECTOR | 22 Jun 2025

Blocking of Strait of Hormuz may impact India's energy procurement: Experts

Business Standard

Any blocking or disruption of traffic through the Strait of Hormuz -- a narrow passage connecting the Persian Gulf to the Arabian Sea -- will have significant global and regional impact, including for India's energy security, strategic affairs experts said on Sunday. Following the US bombing of three major Iranian nuclear sites, Tehran has indicated that closing the Strait of Hormuz for shipping is one of the options on the table to pressure its adversaries. Nearly 30 percent of global oil and a third of the world's LNG (liquefied natural gas) passes through the strait daily and its closure would immediately reduce global supplies triggering a spike in prices, they said. The closure of the narrow passage would have significant global repercussions across energy markets and it will impact India's energy security as well, Dr Laxman Kumar Behera, Associate Professor at Special Centre for National Security Studies at the Jawaharlal Nehru University, told PTI. Behera said any disruption

Dark energy discovery changed understanding of universe: Nobel laureate

Business Standard | 22 Jun 2025

Education

SECTOR | 21 Jun 2025

Judge blocks the Trump administration's National Science Foundation research funding cuts

Economic Times

A United States federal judge has stopped the Donald Trump administration from cutting research funds. The National Science Foundation faced restrictions. Judge Indira Talwani blocked a policy change in Boston. Universities feared losing millions for research. Artificial intelligence and cybersecurity work was at risk. The NSF's move was arbitrary, the judge said. Indirect costs were the issue.

US universities win case striking down agency's 15% research cost cap

Business Standard | 21 Jun 2025

Education

SECTOR | 20 Jun 2025

Education ministry forms panel to cut coaching centre dependance

Business Standard

The Education Ministry has constituted a committee to examine the rise of dummy schools, dependency on coaching centres and the gap between school learning and competitive exams

Education

SECTOR | 20 Jun 2025

Globe Florex partners with Canada's Queen's University for sustainable agriculture

Business Line

Pune firm's Revoponics vertical farming system to be used to advance research in climate resilient agriculture

Education

SECTOR | 20 Jun 2025

Shah's remarks about English show restrictive political view: Kerala mins

Business Standard

Kerala Ministers R Bindu and V Sivankutty on Friday criticised Union Minister Amit Shah's recent reported remarks against the English language, claiming that they indicate a "restrictive and narrow-minded" political view and are "condemnable". Bindu, the State Higher Education Minister, said that English is the most widely used language across the world to communicate with each other and also on the internet. "The view that children should not learn English or that it will be embarrassing would only lead to their world becoming more restrictive. "Moreover, India is not an isolated island in the world. So, learning English is becoming a necessity," she said, answering reporters' queries regarding Shah's remarks. Union Home Minister Shah had reportedly said that soon those speaking English in India would feel ashamed. Speaking along similar lines as Bindu, State General Education Minister V Sivankutty termed Shah's remarks as "condemnable" and said that "no language was higher or lo

Education

SECTOR | 20 Jun 2025

Congress must apologise for imposing emergency in 1975: Venkaiah Naidu

Business Standard

Terming the imposition of Emergency by the Congress government in 1975 as a 'draconian measure', former Vice President M Venkaiah Naidu opined that the grand old party should apologise to the people for curtailing civil liberties during that period. In an exclusive interview to PTI, Venkaiah Naidu, who was a student union leader while pursuing law in Andhra University in Visakhapatnam during the emergency period, said he had to spend nearly one and a half years in prison for raising his voice against the government of the day. "It was a draconian measure. They (Congress) should have apologised for it. They should have regretted it. But the Congress never repented or apologised to the people. But they should have regretted imposing the Emergency. Now, on the occasion of the 50th year of emergency, they should express regret publicly," Naidu said. "I feel that they should really apologise to people for imposing emergency, for containing civil liberties, for imposing press censorship.