MEANING
TISS Mumbai sees mean CTC of Rs 26.31 lakh during final placements
The Tata Institute of Social Sciences (TISS) in Mumbai has concluded final placements for its 2022-24 HRM & LR batch. The mean CTC was Rs 26.31 lakh, and the median CTC was Rs 25.28 lakh, with the highest at Rs 49 lakh. The top 10% and top 25% averaged Rs 39 lakh and Rs 35.26 lakh respectively. Despite the challenging year, 66 of 78 students received packages of Rs 20 lakh or more
Budget Glossary: Key terms to know before Nirmala Sitharaman presents Budget
According to Article 112 of the Indian Constitution, the Union Budget of a year, also referred to as the annual financial statement, is a statement of the estimated receipts and expenditure of the government for that particular year. Union Budget keeps the account of the government's finances for the fiscal year that runs from 1st April to 31st March. Union Budget is classified into Revenue Budget and Capital Budget.
CJI Chandrachud underlines 'Constitutional Morality' as means to preserve India's diversity
Chief Justice of India D Y Chandrachud emphasised the necessity of 'Constitutional Morality' in Indian law. He said that the court's duty was to uphold diversity and tolerance while embracing technological advancements in justice. Chandrachud underscored judges as servants, not deities, cautioning against personal biases interfering with constitutional values. He highlighted the importance of AI tools for translating judgments, decentralising court access, and promoting awareness of legal procedures. West Bengal Chief Minister Mamata Banerjee urged a neutral judiciary for upholding democracy.
Taylor Swift's ‘Champagne Problems’: What is the song about? Lyrics & meaning
Taylor Swift's concert film, "Taylor Swift: The Eras Tour (Taylor's Version)," directed by Sam Wrench and produced by Swift herself, created a sensation upon its theatrical debut in October 2023. Setting records, it became the highest-grossing concert movie ever, earning over $260 million globally.
New Mobile Number Portability rules to come into effect from Monday. Here's what it means for you
New MP rules from July 1: TRAI enhances telecom security with new Mobile Number Portability rules starting July 1, 2024. The amendments introduce a seven-day waiting period for Unique Porting Codes (UPCs) to combat SIM swap fraud, ensuring only genuine requests are processed and safeguarding mobile numbers from misuse and theft.
Budget documents and their meanings, decoded by Ministry of Finance
The Department of Economic Affairs under the Ministry of Finance has explained the meanings of different documents that you will come across while reading the Budget for this year. The first one in the list is Annual Financial Statement. As per the DEA, "Under Article 112 of the Constitution, a statement of estimated receipts and expenditure of the Government of India has to be laid before Parliament in respect of every financial year which runs from 1st April to 31st March. Annual Financial Statement is the main Budget document and is commonly referred to as the Budget Statement.
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What JP Morgan bond index inclusion means for India's economic future? Jayesh Mehta answers
This is significant, as you mentioned—it's a notable event. The only caveat is that this recognition of India should have come much earlier, but finally, India has been acknowledged.
ET Explains: All about vRAN and what it means for Vi
Vodafone Idea (Vi) has completed trials using Samsung's virtualised RAN (vRAN) technology, which is expected to bring substantial cost savings to the telco compared to legacy hardware infrastructure. vRAN is a technology that allows for the complete running of baseband functions as software on commonly available hardware, reducing server or processor capacity at sites. It also allows for the centralisation of some processing functions to local nodes, reducing server or processor capacity at sites.
Sengol Politics: What is a Sengol? Why is it in the Parliament? What is the controversy?
The 'Sengol' found its prominence in Parliament on Thursday amid the ongoing political controversy ignited by Samajwadi Party (SP) Member of Parliament (MP) RK Chaudhary's recent comments calling it a symbol of monarchy. RJD MP Misa Bharti said that the Senghol should be removed because it is a democratic country. "It should be removed because it is a democratic country. The Sengol should be kept in the museum where people can come and see it," Bharti said. The BJP rejected the comments. Union Minister Anupriya Patel asked what were the SP's MP doing when the Sengol was being established in the House. "When Sengol was established, the Samajwadi Party was in the House even then, what were its MPs doing at that time?" she said.
Budget 2024: Three types of Budgets in India and their meanings
A government budget is an annual financial document outlining projected government revenues and outlays for the next fiscal year. There are three types of budgets: balanced, surplus, and deficit, based on how accurate these projections are. The three distinct budget kinds are discussed below.
It's official: Indian politics now means Modi versus Rahul
Due to the BJP's deep traction among vast swathes of voter bases across the country for a decade, Rahul nearly doubling the tally of his party in the 2024 Lok Sabha elections must be counted as the coming of age of a leader whom many did not consider even a serious politician let alone a credible challenger to PM Modi.
Lok Sabha Speaker's post: Why the INDIA bloc is forcing a contest, what it means
Lok Sabha Speaker poll: Even before the actual term of the 18 Lok Sabha begins, there seems to political rifts galore. The first jarring note turned out to be the deep disagreement about the Speaker post, which eventually led to an election -- a rare event in Indian Parliamentary history.
Snapchat announces safety measures for teenagers. What does this mean?
Snapchat has announced a number of safety features to safeguard teenagers and allay apprehensions from a number of sides.
UP approves ordinance to curb practice of paper leaks
The UP government, in response to frequent leaks of examination papers, adopted an ordinance on Tuesday aimed at curbing the practice. The ordinance imposes strict penalties on anyone implicated in paper leaks, including institutions and individuals connected to them. Penalties range from two years to life imprisonment, accompanied by fines that could amount to Rs 1 crore.
Failure to tax world's richest means global tax needed: report
The idea of a global tax on the richest is already supported at the G20 by Brazil, France, Spain and South Africa -- although the United States has opposed it. Tuesday's report by economist Gabriel Zucman calls for a coordinated minimum tax standard for ultra-high net worth individuals, arguing "the very wealthy benefit from a gigantic tax privilege".
How Quant Mutual Fund schemes performed versus peers, benchmarks in the last one year?
Quant Mutual Fund, which finds itself in the thick of a controversy regarding alleged front-running, is one of India's fastest growing asset managers and has seen its assets under management (AUM) grow by 251% over the last one year versus industry growth of 53%.
No evidence he understood true meaning of people's verdict: Congress on PM's pre-session remarks
Congress president Mallikarjun Kharge criticized Prime Minister Narendra Modi's address at the start of the 18th Lok Sabha, accusing him of arrogance and diverting from key issues. Kharge and Congress general secretary Jairam Ramesh emphasized that Modi ignored significant matters such as the NEET paper leak, railway mismanagement, and violence in Manipur. They pledged that the opposition, under the INDIA Janbandhan alliance, would hold Modi accountable and continue raising important issues both in Parliament and publicly.
Kozhikode is India's first UNESCO 'City of Literature': What does it mean? Why Kozhikode?
Kozhikode in north Kerala, known for its rich cultural heritage, was on Sunday officially declared as India's first UNESCO 'City of Literature'. In October 2023, Kozhikode had earned a place in the 'Literature' category of the UNESCO Creative Cities Network (UCCN).
Anti-paper leak law for exams comes into effect amid NEET, UGC-NET row; Jail term and hefty fines introduced
Amid concerns over exam leaks, the Indian government has introduced a new law with stringent penalties, including jail terms and fines, to combat cheating in public exams. The law, effective from June 21, aims to bring transparency and credibility to exams like NEET and UGC-NET, which have faced controversies. The move comes after protests and legal actions following allegations of question paper leaks and irregularities in recent exams.
What the arrival of AI phones and computers means for our data
Apple, Microsoft, and Google are leading the way in the development of artificially intelligent smartphones and computers, requiring more user data for tasks like photo editing and call monitoring. This raises privacy concerns as AI needs access to personal data across devices and apps.
Parkinson's disease: Blood test may predict disease well before symptoms
AI blood test may help detect Parkinson's disease years before the appearance of any kind of symptoms.
Brent rises toward $86 as cooling US jobs market buoys rate cut hopes
Oil futures hit a seven-week high on Thursday as fresh data on a cooling U.S. jobs market added to hopes that the Federal Reserve could still cut interest rates this year.
Juneteenth Day 2024: Is it Federal Holiday in USA? Check meaning, history, quotes
Juneteenth, stands for June Nineteenth, is celebrated with prayers and family gatherings. The day is also known as "Juneteenth Independence Day," "Freedom Day," and "Emancipation Day."
Top Nifty50 stocks analysts suggest buying this week
Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. Simple average of the above-mentioned five component ratings is normally distributed to reach an average score.
What is Lunar standstill? Dates, calculator, cycle and it’s connection with Stonehenge
A major Lunar standstill is taking place this year almost after 18 years. The last major lunar standstill was seen in the year 2006.
What clearing vendor dues via equity means for firms
Vodafone Idea's board approved preferential allotment of equity shares to Nokia and Ericsson to clear dues. Vi's vendor ATC Telecom also benefitted from stock market gains. Vi's move to dilute equity for debt repayment is uncommon in listed companies.
What does FPI short positions mean for Nifty bulls?
ICICI Securities has set a forward target of 10% upside in one year, against the long-term expected returns of 14%. Despite the short term volatilities due to elections, the forecast appears to be improving, it said.
Moving to renewables will mean using less energy overall
Moving to clean energy could also bring savings of up to $4.6 trillion each year, according to new research from Colorado-based think tank RMI.
What looming La Nina means for global temperatures
El Nino, the natural weather phenomenon that contributed to 2023 being the hottest year on record, has recently subsided, paving the way for its opposing, cooling La Nina phase to begin. - La Nina - La Nina sees the eastern Pacific Ocean cool for a period of about one to three years, generating the opposite effects to El Nino on global weather.
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