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Does your loan fulfil the AA criteria?

A good loan must fulfil the AA criteria: it should 'add' to assets or income and should be 'appropriate', meaning EMI shouldn't exceed one-third of income

Does your loan fulfil  the AA criteria?
Updated On : 25 Feb 2024 | 9:41 PM IST

India's first Gati Shakti Research Chair to be established at IIM-Shillong

The Chair will contribute towards high-quality academic research on multimodal logistics with a North-East focus

India's first Gati Shakti Research Chair to be established at IIM-Shillong
Updated On : 25 Feb 2024 | 4:15 PM IST

PM Modi to lay foundation stone for projects worth Rs 13,000 cr on Feb 20

In a boost to the education sector, Prime Minister Narendra Modi will inaugurate campuses of three IIMs -- Jammu, Bodh Gaya and Visakhapatnam -- and lay the foundation stone of several projects worth over Rs 13,000 crore on Tuesday. The projects which will be dedicated include a permanent campus of IIT Bhilai, IIT Tirupati, IIT Jammu, IIITDM Kancheepuram; Indian Institute of Skills (IIS) - a pioneer skill training institute on advanced technologies - in Kanpur; and two campuses of Central Sanskrit University in Uttarakhand's Devprayag and in Agartala, Tripura. "In a significant step towards upgrading and developing education and skilling infrastructure across the country, the prime minister will inaugurate, dedicate to the nation and lay the foundation stone of several projects worth about Rs 13,375 crore," a statement from the Prime Minister's Office said. "He will also inaugurate 20 new buildings for Kendriya Vidyalayas (KV) and 13 new Navodaya Vidyalayas (NVs) buildings across t

PM Modi to lay foundation stone for projects worth Rs 13,000 cr on Feb 20
Updated On : 19 Feb 2024 | 7:18 PM IST

PM Narendra Modi to unveil projects worth Rs 68,400 crore in Odisha

Prime Minister Narendra Modi will arrive in Odisha on Saturday afternoon to unveil projects worth Rs 68,400 crore in the state, including the new campus of IIM-Sambalpur, officials said. The prime minister will reach the Jharsuguda airport around 1 pm, and head to the IIM-Sambalpur campus where CM Naveen Patnaik, Governor Raghubar Das and Union Education Minister Dharmendra Pradhan will join him, they said. Besides the Rs 400-crore campus, Modi will also unveil infrastructure projects worth Rs 68,000 crore. These projects span sectors such as power, roads and railways. Modi will address a public meeting at Remed Ground around 3 pm, before leaving for Guwahati, officials said. Stringent security arrangements have been made for the PM's visit, they said.

PM Narendra Modi to unveil projects worth Rs 68,400 crore in Odisha
Updated On : 03 Feb 2024 | 11:10 AM IST

Interim Budget: UGC faces 60% cut, budget for school education increased

The University Grants Commission (UGC) has faced a budget cut this year with the Centre reducing its grant by over 60 per cent while the allocation for Indian Institutes of Management (IIMs) has been slashed for the second consecutive year. The budget for school education has been increased by over Rs 500 crore but the grant for higher education has been reduced by over Rs 9600 crore from the previous fiscal year's Revised Estimate (RE). In the interim budget for 2024-25 announced by Finance Minister Nirmala Sitharaman on Thursday, the funding for UGC has been brought down to Rs 2500 crore from the previous year's RE of Rs 6409 crore, a 60.99 per cent drop. The IIMs counted among the noted business schools in the country, have faced a cut in the budget for the second year in a row. Last year, the budget for IIMs was slashed from Rs 608.23 crore (RE) to Rs 300 crore. This year, the budget has been brought down further to Rs 212.21 crore from the Revised Estimate of Rs 331 crore. Th

Interim Budget: UGC faces 60% cut, budget for school education increased
Updated On : 01 Feb 2024 | 6:49 PM IST

PM Narendra Modi is likely to visit Odisha twice in Feb: Manmohan Samal

Prime Minister Narendra Modi is likely to visit Odisha twice in February, state BJP president Manmohan Samal said on Sunday. Modi, who is scheduled to visit Odisha's Sambalpur on February 3 and address a public meeting, may also visit the state capital on February 10 when the saffron party holds its national women's conference here, Samal said. "The party has decided to hold two women's conferences, one in Madhya Pradesh and the second in Odisha in February. The prime minister is likely to attend the women's conference in Odisha tentatively on February 10. The PM has given his consent to attend it", Samal said, adding that the details of the February 10 programme will be announced soon. He said around 25,000 women from 14 states are likely to attend the Mahila Samavesh, which is being seen as an attempt by the BJP to make a dent into the trusted women vote bank of Biju Janata Dal. Earlier in the day, Union Education Minister Dharmendra Pradhan who hails from Odisha had indicated ..

PM Narendra Modi is likely to visit Odisha twice in Feb: Manmohan Samal
Updated On : 28 Jan 2024 | 4:42 PM IST

19,190 vacancies filled up in central universities, IITs, IIMs: Minister

The minister said that the number of vacancies in various faculty cadres is dynamic depending on recruitment, resignation and student strength

19,190 vacancies filled up in central universities, IITs, IIMs: Minister
Updated On : 14 Dec 2023 | 7:07 AM IST

IIM CAT 2023 results to be announced soon, check the details below

The IIM Institute will announce the CAT results very soon. The answer key was released on December 5, 2023, and the exam was held on November 26, 2023

IIM CAT 2023 results to be announced soon, check the details below
Updated On : 12 Dec 2023 | 10:26 AM IST

Over 13,600 SC, ST and OBC students dropped out of IITs, IIMs in 5 yrs: MoE

Over 13,600 reserved category students dropped out from central universities, Indian Institutes of Technology (IITs) and Indian Institutes of Management (IIMs) over the last five years, Lok Sabha was informed on Monday. Union Minister of State for Education Subhas Sarkar shared the statistics in a written reply to a query by BSP member in Lok Sabha Ritesh Pandey. In the case of Central Universities (CUs), Sarkar said that as many as 4596 OBC, 2424 SC, and 2622 ST students dropped out in the last five years. In IITs, 2066 OBCs, 1068 SC and 408 ST students dropped out. In IIMs, the figure remained at 163, 188, and 91 for OBC, SC and ST students, respectively. "In the higher education sector, students have multiple options and they choose to migrate across institutions and from one course/programme to another in the same institution. "The migration/withdrawal, if any, is mainly on account of securing seats by the students in other departments or institutions of their choice or on any

Over 13,600 SC, ST and OBC students dropped out of IITs, IIMs in 5 yrs: MoE
Updated On : 04 Dec 2023 | 8:27 PM IST

IITs, IIMs advised to become multi-disciplinary, says Dharmendra Pradhan

Union Education Minister Dharmendra Pradhan on Sunday said that the Centre has advised IITs and IIMs to become multi-disciplinary to venture beyond their respective areas of specialisation. Pradhan, while speaking at the inauguration of Odisha Research Centre, said priority has been given to imparting multi-disciplinary education through the National Education Policy, 2020 and IITs and IIMs will also move in this direction. Odisha Governor Raghubar Das, his Chhattisgarh counterpart Biswa Bhusan Harichandan and Pradhan jointly inaugurated the centre here at an event. The centre will conduct research on art, culture, archaeology, tradition and literature, sociology of Odisha, political process and political culture, agriculture, commerce, business and industry, development trends of contemporary Odisha, science and technology and healthcare, and future technology. It will also work on smart cities, climate change, protection of the environment, sustainable development, semiconductors

IITs, IIMs advised to become multi-disciplinary, says Dharmendra Pradhan
Updated On : 26 Nov 2023 | 8:45 PM IST

IIM Bangalore test for admission to MBA courses on November 19, January 28

The last date for registration for the IIM-B test scheduled on November 19 is November 15 and the deadline for the second round is January 25. Applicants can take the tests from their homes

IIM Bangalore test for admission to MBA courses on November 19, January 28
Updated On : 16 Nov 2023 | 2:19 PM IST

1st division mandatory in Bachelor's & Master's for IIM directors' post

The Centre has notified new norms for the appointment of directors of Indian Institutes of Management (IIMs), making it mandatory for applicants to have first class degrees in both Bachelor's and Master's, along with a PhD or equivalent from a reputed institute. Also, the President will now be a "Visitor" to the prestigious B-schools with powers to appoint chairperson of the board of governors, appointment and removal of directors and dissolving the board for not performing duties or complying with visitor's directions. Under the new rules, the eligibility for appointment as an IIM director now will be having a "distinguished" academic record with "first class degree in both Bachelor's and Master's level, and with PhD or equivalent from a reputed institute". Earlier, the criteria used to be a "distinguished academic with PhD or equivalent" and there was no mention of the required division for the degrees. Recently, there was a controversy over the appointment Dheeraj Sharma as ...

1st division mandatory in Bachelor's & Master's for IIM directors' post
Updated On : 13 Nov 2023 | 11:57 PM IST

IIM Jammu, SIDBI to launch STEM programme for youth in J-K, Ladakh

Indian Institute of Management (IIM) Jammu and Small Industries Development Bank of India (SIDBI) have collaborated to offer a specialised one-year-long Skill to Enterprise Module (STEM) programme for students in Jammu and Kashmir, and Ladakh, according to an official on Monday. The programme will commence in two batches starting on December 4 and December 19 at the Srinagar and Jammu campuses of the institute, the official said. It has been designed to equip the students with the necessary knowledge and guidance to start and grow their businesses in the future, the official added. It would provide comprehensive four weeks of residential training along with eight weeks of virtual training to help the participants develop an understanding of business management, compliance, finance, planning, and strategic aspects of a business, as per the official. "The programme will be particularly beneficial for those who have completed a technical course and possess a valuable skill set but lac

IIM Jammu, SIDBI to launch STEM programme for youth in J-K, Ladakh
Updated On : 13 Nov 2023 | 6:38 PM IST

IIM Calcutta Board of Governors accepts Director Uttam Sarkar's resignation

Sarkar would continue as a professor in the MIS Group of the institute

IIM Calcutta Board of Governors accepts Director Uttam Sarkar's resignation
Updated On : 07 Nov 2023 | 9:11 PM IST

IIM Lucknow bucks the job market trend, logs 100% summer offers

IIM Lucknow students secured 576 offers in diverse corporate roles

IIM Lucknow bucks the job market trend, logs 100% summer offers
Updated On : 03 Oct 2023 | 9:03 PM IST

Tata Steel CEO TV Narendran new chairperson of IIT-Kharagpur's board

Tata Steel Ltd's CEO and MD TV Narendran was appointed the new chairperson of the board of governors of IIT-Kharagpur, a statement said. IIT-Kharagpur director VK Tewari said that as a man beholding technical and industrial supremacy, Narendran understands the needs of the society and the practical implications of industry-academia amalgamation with a technical institution. "We welcome TV Narendran as the new chairperson of the Board of Governors of IIT Kharagpur," he said. "We look forward to his able guidance, constructive ideations and supportive encouragement in reshaping this institute for its future aspirations," he added. Narendran has over 34 years of experience in the mining and metals industry, the statement said, adding that he is a mechanical engineer from NIT-Trichy and an MBA from IIM-Calcutta.

Tata Steel CEO TV Narendran new chairperson of IIT-Kharagpur's board
Updated On : 30 Aug 2023 | 10:02 AM IST

TMS Ep496: RBI policy rates, IIM autonomy, markets, licence raj

How long will RBI's wait and watch posture continue? Is the autonomy of IIMs in danger? How are markets reading into RBI's inflation revision? What is licence raj? All answers here

TMS Ep496: RBI policy rates, IIM autonomy, markets, licence raj
Updated On : 11 Aug 2023 | 4:41 PM IST

IIM (Amendment) Bill introduced in LS amid disruptions over Manipur issue

A bill to amend the Indian Institutes of Management Act, 2017 was introduced in the Lok Sabha on Friday amid disruptions by opposition members over violence in Manipur. Education Minister Dharmendra Pradhan introduced the bill after the House met following an earlier adjournment over the Manipur issue. When the chair asked whether Manish Tewari wanted to say something on The Indian Institutes of Management (Amendment) Bill, 2023 at the introduction stage, the Congress member raised the Manipur issue. Cutting short Tewari's remarks, the chair moved ahead and the bill was introduced by a voice vote amid din. The bill will come up for consideration and passage next week, Minister of State for Parliamentary Affairs Arjun Ram Meghwal informed the House on Friday while listing out government business for next week.

IIM (Amendment) Bill introduced in LS amid disruptions over Manipur issue
Updated On : 28 Jul 2023 | 1:29 PM IST

MCD school principals to train at IIMs to 'revolutionise' education: Atishi

Principals of Municipal Corporation of Delhi (MCD) schools will undergo leadership and management training at IIMs to "revolutionise" primary education in the city, Delhi Education Minister Atishi announced on Tuesday. She told a press conference that the first batch of 50 principals will be sent to the Indian Institute of Management (IIM) in Ahmedabad on June 29 for a week-long training programme. There are around 1,700 MCD-run primary schools. On the tenure of the BJP in the MCD, the Aam Aadmi Party (AAP) leader said primary education in MCD schools was deplorable, and this impacted higher education of students. "We have decided to transform the education system by introducing the training at IIMs for principals of MCD schools," said Atishi, whose party won the last year poll to the civic body, wresting control from the BJP after 15 years. "We have given world-class training to principals of Delhi government schools. We have also started a series of world-class training. The best

MCD school principals to train at IIMs to 'revolutionise' education: Atishi
Updated On : 27 Jun 2023 | 5:25 PM IST

Setting sights on intl students, IITs, IIMs make plans for foreign campuses

IIT Madras is in active discussions to set up a campus in Zanzibar, Tanzania, and IIM Nagpur is planning to set up a campus in Singapore

Setting sights on intl students, IITs, IIMs make plans for foreign campuses
Updated On : 15 Jun 2023 | 11:58 AM IST