Rupee trades marginally higher against US dollar

So far this year, the rupee has weakened 7%, while foreign investors have sold $410.30 million and $5.62 billion in equity and debt markets, respectively. Photo: Mint Mumbai:The Indian rupee on Wednesday was trading marginally higher against the US dollar, tracking gains in local equity markets. At 9.12am, the rupee was trading at 68.64 a dollar, up 0.05% from its previous close of 68.69. The currency opened at 68.66 a dollar. Bond yields gained for the fifth consecutive session after crude oil prices rose. Crude prices which were trading up…

Read More

Subtle bias against students may be present in online classes

A new study by education researchers suggests that the kind of subtle racial discrimination known as implicit bias found in brick and mortar classrooms may be present in online college classes. Researchers from Stanford, the University of California – Irvine and Vanderbilt University began by creating fictitious online student identities. They chose names that suggested racial and ethnic identity, such as Todd, Emily, Tyrone, Tanisha, Mei, Tao, Priyanka, and Samir. They then posted comments using those personas in class forums for Massive Open Online Courses (MOOC). “The names that had been assigned a…

Read More

3,800 Mumbai parents protest against fee hike, write to CM demanding refund

Stepping up their attack against schools flouting norms pertaining to fee hike, parents wrote to chief minister Devendra Fadnavis on Sunday and demanded it roll back claiming that it violates the Maharashtra Educational Institutions Regulation of Collection of Fee Act, 2011. They also demanded refund of the amount already paid. Parents staged a day-long protest at Azad Maidan on Sunday against the exorbitant fee hike by schools for the upcoming academic session. This is the second protest by parents in the past two months. Though it saw a low turnout…

Read More

Czechs do not rule out legal action against permanent migrant quotas

The Czech Republic cannot rule out legal action if the European Union tries to put in place any permanent quota system for distributing asylum seekers, Prime Minister Bohuslav Sobotka said on Sunday. The country was one of four central and eastern European states to oppose an EU quota scheme approved by member states last year to distribute 120,000 asylum seekers. Now the European Commission wants a permanent re-distribution system in place. The Czech leader said he thought it was unlikely the bloc would approve a permanent quota plan. “I expect…

Read More

Second deadly quake hits southern Japan, rescuers race against time

A powerful 7.3 magnitude earthquake struck southern Japan early on Saturday, killing at least 20 people, injuring more than 1,000 and trapping people in collapsed buildings, barely a day after a quake killed nine people in the same region. Rescuers dug through the rubble of collapsed buildings and mud and debris on Saturday to try and reach those trapped, but continued aftershocks hindered rescue efforts and fuelled fears of more powerful quakes. “Nothing is more important than human life and it’s a race against time,” said Prime Minister Shinzo Abe,…

Read More