Brokers trade at their computer terminals at stock exchange in Mumbai. Associated Press
Even though India boasts of universalisation of primary education, with almost 100 per cent Gross Enrolment Rate (2014-15), quality of education in the last decade has gone down. While ASER 2008 revealed that 50.6 per cent grade 3 children in India could read a grade 1 text, this number reduced to 42.5 per cent
The rise of Narendra Modi as the Prime Minister in 2014 was chiefly attributable to the confidence he inspired among the people on two counts — his personal integrity as a leader and his reputation for administering the government with a strong hand. These had become a dire necessity for the country.
More than a month after Congress President Rahul Gandhi offered his resignation, accepting moral responsibility for the party’s poor performance in the Lok Sabha elections, it remains leaderless. Although Gandhi turned down appeals to withdraw his resignation, efforts are still on to persuade him to stay on.
The Indian elections that kicked off on Thursday are a democratic exercise the likes of which the world has never seen. In the world’s largest democratic practice, around 900 million voters – more than the combined population of all the European countries, across 543 constituencies will cast their votes to decide the fate of political parties.
Canadian University Dubai (CUD) has recently joined forces with two more leading names in the hospitality industry to help boost the skills supply to the UAE tourism sector as Dubai prepares to attract 25 million visitors by 2025.
The International Monetary Fund (IMF) cut its forecast for Russian economic growth in 2019 to 1.2% from 1.4% after a weak first quarter, saying broader reforms would be needed for stronger growth.
Volvo Cars on Thursday announced plans to cut fixed costs by 2 billion Swedish crowns ($214 million), becoming the latest carmaker to warn that pricing pressure and tariffs arising from the China-US trade war were denting profitability.