India moves up in global universities ranking with 49 institutions in list, 25 in top 200

Agencies
January 16, 2019

Jan 16: India has improved its showing in the prestigious university rankings of Times Higher Education Emerging Economies with 49 institutions making it to the list, including 25 in the top 200.

China remains the most represented nation in the annual 2019 listing, claiming four of the table's top five positions with Tsinghua University topping the chart, according to the London-based Times Higher Education (THE), a global organisation that produces data, analysis and expertise on higher education.

Leading India again is the Indian Institute of Science (14th), followed by the Indian Institute of Technology Bombay (27th). However, both of them slipped back a place this year, largely due to increased competition.

The 2019 ranking comprises nearly 450 universities - expanded from 378 last year - from 43 countries, across four continents.

This year's table presents a mixed picture for India, with several new entrants and high risers, alongside several institutions that dropped back.

India has increased its representation in the Times Higher Education Emerging Economies University Rankings with 49 universities in the list as compared to 42 in 2018, the organisation said. India has 25 universities in the top 200, a rise from 17 last year, it said.

The Indian Institute of Technology Roorkee, however, scales 21 places - and into the top 40 - at 35th, thanks in particular to improvements in its research (volume, income and reputation) and industry income (knowledge transfer).

The Indian Institute of Technology Indore (61st) and the JSS Academy of Higher Education and Research (joint 64th) are the highest new entrants for India this year.

Savitribai Phule Pune University climbs an impressive 87 positions to joint 93rd, alongside the National Autonomous University of Mexico, with a rise in its research score, and a significant rise to its citations (research influence) score.

Meanwhile, Banaras Hindu University and Amrita University both scaled this year into the top 150, while the Indian Institute of Science Education and Research, Pune and Indian Institute of Technology Hyderabad featured for the first time in this group.

Elsewhere, mainland China remains the most represented nation in the annual listing, with 72 institutions in total.

The Communist giant claimed four of the table's top five positions. Tsinghua University surpasses Peking University as this year's top institution overall, while Zhejiang University rises three positions to 3rd, the University of Science and Technology of China climbs one place to 4th, with Lomonosov Moscow State University completing 2019's top five.

Ellie Bothwell, Global Rankings Editor for THE, said: "Indian institutions have immense potential for success, not only on the emerging stage, but globally. But, while progress is clearly being made, other economies that previously lagged behind, such as Egypt and Malaysia, are starting to advance at a much faster rate".

"In this year's table, India's institutions perform well in teaching. However, they are significantly behind the global average in terms of international outlook.

"Strengthening this will further elevate the nation's global reputation for higher education, encourage important research collaborations and help attract international students," Bothwell added.

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Agencies
March 15,2020

Financially troubled Yes Bank on Saturday reported a standalone net loss of ₹ 18,560.31 crore for the third quarter of the financial year 2019-20. This is amongst the biggest losses reported by the India Inc.

At present, the private lender is under a moratorium and is controlled by the office of the administrator appointed by the RBI.

The bank had reported a net profit of ₹1,001.85 crore during the corresponding period of the previous financial year.

Besides, the bank's total income fell to Rs 6,268.50 crore from Rs 8,849.81 crore earned during the October-December quarter of the previous fiscal.

On consolidated basis, Yes Bank reported a net loss of ₹18,564.24 crore for the December quarter from a net profit of Rs 1,000.57 crore in the corresponding period of the previous fiscal.

The independent auditor's review report on the consolidated results pointed out that there is a "material uncertainty related to going concern" of the bank.

"The said assumption of going concern is dependent upon the degree of success of the final reconstruction scheme, the quantum of capital infused into the bank and the bank's ability to stabalise its deposit balances post withdrawal of the moratorium by the RBI. Our conclusion is not modified in respect of this matter," the auditor said.

Furthermore, the bank recognised additional loans of ₹ 5,150.2 crore as NPAs and related provisioning requirements of ₹772.5 crore for the quarter ended December 31, 2019.

The bank has recognised an additional provisions of ₹15,422.0 crore in the quarter ended December 31, 2019.

Last week, the RBI placed Yes Bank under moratorium and capped the withdrawal limit at ₹50,000 till next Wednesday.

Additionally, the central bank also superseded Yes Bank's board of directors and appointed former SBI CFO Prashant Kumar as its administrator.

Meanwhile, Kumar has been appointed as the new Chief Executive Officer of the financially troubled lender. He will take over his new responsibilities once the moratorium on the stressed lender is lifted on Wednesday.

Apart from Kumar, Sunil Mehta, former non-executive Chairman of Punjab National Bank, will take over as the non-executive Chairman of Yes Bank.

Other board members include Mahesh Krishnamurthy and Atul Bheda, both as non-executive Directors.

Additionally, six private lenders have joined the SBI to rescue Yes Bank with Federal Bank committing ₹300 crore by subscribing to 30 crore shares of ₹2 each at a premium of ₹8 per equity share.

The six private lenders have now committed an investment of ₹3,700 crore in the cash-strapped private sector bank.

On Friday, ICICI Bank and Housing Development Finance Corporation (HDFC) Ltd had announced that they will be investing ₹1,000 crore each in Yes Bank's equity. Axis Bank and Kotak Mahindra Bank will be investing ₹ 600 crore and ₹500 crore, respectively, while Bandhan Bank will invest ₹300 crore.

The SBI board has already approved up to 49 per cent stake purchase in Yes Bank, as per the RBI's reconstruction scheme for the lender. It had said on Thursday that an investment of ₹7,250 crore would be made in Yes Bank to pick up₹ 725 crore equity shares.

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Agencies
March 29,2020
Agra, Mar 29: A 39-year-old man, who had walked almost 200 kilometers from Delhi to reach his home in Morena in Madhya Pradesh, collapsed and died in Agra on Saturday. 
 
The man, identified as Ranveer Singh, worked as home delivery boy for a private restaurant in the national capital.
 
According to police, the victim collapsed near Kailash turning of the national highway-2, after which a local hardware store owner Sanjay Gupta rushed to the victim. 
 
Sikandra station house officer (SHO) Arvind Kumar, said, 'Gupta made the victim lie on a carpet and offered tea and biscuit. The victim complained about chest pain and also called his brother-in-law Arvind Singh over phone to share his health condition. At around 6.30 P.m, the victim passed away and local police was informed. "
 
Ranveer had left for his native village on Friday morning on foot. It is likely that exhaustion of 200-km walk might have caused chest pain. 
 
The SHO said,"On the entire NH-2 stretch, UP policemen are present with food packets and water for such persons but Ranveer's death is unfortunate. "
 
After the death, policemen took the victim's body for post-mortem. The autopsy report is yet to be re eased. 
 
According to information available, Ranveer was working in Delhi's Tughlakabad for the past three- years. He is survived by three children including two daughters. He belongs to a family of farmers and was the main bread winner for his family.
 
His family has been brought to Agra to take the body back to their village for the last rites.

Comments

Angry Indian
 - 
Monday, 30 Mar 2020

very sad news....this is the condition of hindu people after they adopt hindutva idology.

 

Politician enjoying playing ludo and watching ramayan, after complete lockdown, not even bothered by government about their transport,

 

modi spend crore on statue, but no hospital

 

this is the hindu rastra you want right...enjoy marons

 

 

 

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News Network
January 28,2020

Kolkata, Jan 28: West Bengal chief minister Mamata Banerjee Tuesday said she is ready for talks with Prime Minister Narendra Modi on the issue of Citizenship Amendment Act but the Centre has to first withdraw the contentious law.

Banerjee said protesting against the decisions of the centre doesn't make opposition parties anti-national and iterated that she will not implement CAA, NRC or NPR in the state.

"It is good that the prime minister is ready for talks but the Citizenship Amendment Act (CAA) must be revoked first. They (Centre) did not call an all-party meeting before taking a decision on Kashmir and CAA.

"We are ready for talks but first withdraw this Citizenship Amendment Act," Banerjee, a staunch critic of the BJP, said addressing a protest programme against CAA through paintings.

The West Bengal assembly had on Monday passed a resolution against the CAA to become the fourth state after Kerala, Punjab and Rajasthan, to do so. The state assembly had on September 6, 2019, passed a resolution against the NRC.

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