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…

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Why India needs a new higher education regulator

The Union ministry of human resource development (MHRD) on Wednesday released a draft Act to replace the University Grants Commission (UGC) with a new regulator for the critical higher education sector. The regulator — Higher Education Commission of India — will focus on the quality of institutions. The the job of financial grant distribution, earlier with the commission, will now come under the ministry’s purview. This decision of transferring financial powers to the MHRD has upset some. On Thursday, the Delhi University Teachers’ Association said it will result in an…

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Experts Debate Financial Future of American Higher Education

Students sit outside at Sweet Briar College, which came very close to closing in 2015. Sweet Briar College is a small, private women’s college in the American state of Virginia. In 2015, the school’s governing board grew concerned about its financial future and considered closing the school. But after a change in leadership and the hard work of its employees and former students, Sweet Briar stayed open. Now, almost three years later, Sweet Briar College is “doing remarkably well,” says Teresa Tomlinson. She is the head of the school’s board of directors. She says…

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Budget 2018: Finance Minister decides to invest in higher education and quality of education

While announcing his budget 2018 Finance Minister Arun Jaitley announced various benefits for students and education sector in India. The finance minister proposed to launch ‘‘Revitalising Infrastructure and Systems in Education (RISE) by 2022’’ with a total investment of Rs 1,00,000 crore in next four years. This will aim at step up investments in research and related infrastructure in premier educational institutions, including health institutions. This is in line with imparting quality education to the students in the country. The Union Budget 2018 further mentioned that the Higher Education Financing Agency (HEFA) would be…

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Higher Education Bill Could Heat Up Competition for Adult Students

Jennifer Clay, a student at online school Western Governors University, takes a business course test under the view of a video camera at her apartment in Los Angeles. PHOTO: KATIE FALKENBERG/LA TIMES/GETTY IMAGES The Republican bid to overhaul higher education is likely to heat up competition in the fastest-growing segment of the college market: adults over the age of 24. When Congress passed the Higher Education Act in 1965, about one in four students were adults. Today, nearly 40% of college students are 25 or older. The bill proposed by Republicans earlier this month aims to better align…

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Higher Education Institutes Should Broadcast Modi’s ‘Life-Changing’ Speech, Says Centre

The prime minister will be addressing a student leaders’ convention in the capital to mark the 125th anniversary of Swami Vivekananda’s Chicago address at the World Parliament of Religions on Monday. Prime Minister Narendra Modi. Credit: PTI New Delhi: The Centre has reportedly asked close to 40,000 higher-education institutions to install projectors or televisions sets to broadcast Prime Minister Narendra Modi’s speech on Monday (September 11). It has also said that students at the institutions, including IITs and IIMs, must be encouraged to watch what could be a “life-changing” speech, Telegraph reported. Modi will…

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Body of varsities seeks revisit of higher education policy

Association of Indian Universities (AIU) on Friday sought urgent revisit of the three-decade old higher education policy in view the changes happening in the sector. When the policy was formulated in 1986, there was no Information Technology, internet, computers and smart class and now with all the facilities at the finger tip, there was the immediate need to revisit and revamp the policy, AIU Secretary General Prof Furqan Qamar told reporters in Coimbatore. It should not be a change for the sake of change, but a thorough reconstruction of present…

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Higher education ‘under siege’ in Venezuela

Mass protests and repressive government responses are proving disastrous for higher education in Venezuela Academics and students are warning of a major crisis in Venezuelan higher education as the country slips deeper into political chaos. Problems of inadequate funding, low salaries and limited access to journals are fuelling a brain drain of scholars right across Latin America, according to recent reports. But sector leaders say that, at a time of constant public protest against the government of President Nicolás Maduro, and even helicopter attacks on government buildings, the situation in Venezuela…

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Labour has started a welcome debate on higher education funding

You are right to highlight how our universities are under threat from Brexit, creeping privatisation and the government’s dogged determination to reduce net migration (Editorial, 30 May). Higher education makes an invaluable contribution to our economy and society, and has a crucial role to play in developing the highly skilled workforce upon which future growth depends. By its very nature, higher education is international, and the exchange of knowledge across borders is critical to its success. If we are to preserve our global reputation for excellence, our institutions must be…

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ECU referendum result: What does Brexit suggest for the UK’s higher schooling region and students?

Figures inside the better schooling zone can have awoken with a bitter taste on Friday with the news the United Kingdom has voted to depart the ecu Union. On Monday, the heads of 103 universities had issued an impassioned open letter expressing how they have been “gravely involved” approximately the effect of a depart vote on their universities and students, cautioning electorate that the electricity of their universities on nearby groups and economy “must not be underestimated.” study greater An open letter to united kingdom voters from leaders of 103…

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