PSEi claws back to 6,000 on bargain hunting

MANILA, Philippines — Positive results from the government’s investigation into corrupted flood control projects may be the only savior of the stock market after it dipped to a six-month low, according to the operator of the local bourse.

Philippine Stock Exchange (PSE) president and CEO Ramon Monzon told reporters on Wednesday that the market’s “very bad” performance…
https://business.inquirer.net/550151/psei-claws-back-to-6000-on-bargain-hunting

Cabinet okays 57 new KVs, over 86,000 students to benefit across India

The Union Cabinet has approved the establishment of 57 new Kendriya Vidyalayas (KVs), which will benefit over 86,000 students across the country. This significant move aims to enhance access to quality education nationwide.

These new KVs are sponsored by the state governments along with the Home Ministry, ensuring strong institutional support. Importantly, the schools will include Balvatikas as part of the National Education Policy (NEP) 2020 reforms, focusing on early childhood education.

The new Kendriya Vidyalayas will be strategically located in aspirational districts, Left Wing Extremism (LWE) affected areas, the North Eastern Region (NER), and hilly districts. This targeted approach aims to bridge educational gaps in underserved and remote regions.

In addition to expanding educational infrastructure, the initiative will generate 4,617 permanent jobs, contributing to employment growth alongside educational development.

Overall, the approval of these 57 KVs marks a major step forward in improving education accessibility and quality for thousands of students across India.
https://www.mid-day.com/news/india-news/article/cabinet-approves-57-new-kendriya-vidyalayas-over-86000-students-to-benefit-nationwide-23596720

UAAP: La Salle gets back on track, fends off FEU fightback

UAAP Season 88 Basketball Tournament: La Salle Edges FEU 74-72

MANILA, Philippines – La Salle survived a furious fourth-quarter rally to edge Far Eastern University (FEU), 74-72, and return to the win column in the UAAP Season 88 men’s basketball tournament on Wednesday at the UST Quadricentennial Pavilion.

The Green Archers managed to dodge a late-game bullet when FEU’s Jorick Bautista missed a wide-open layup in the crucial moments of the game, preserving La Salle’s narrow victory.

With this win, La Salle gains momentum as the tournament continues, while FEU will look to regroup and bounce back in their upcoming matches.

https://sports.inquirer.net/642541/uaap-la-salle-gets-back-on-track-fends-off-feu-fightback

TVK suspends Vijay’s statewide tour after Karur stampede kills 41

The Tamilaga Vettri Kazhagam (TVK) has announced the suspension of all public events featuring actor-turned-politician Vijay.

This decision will be in effect for a period of two weeks.

Further updates regarding the resumption of events will be shared in due course.
https://www.newsbytesapp.com/news/politics/tvk-suspends-vijay-s-statewide-tour-after-karur-stampede-kills-41/story

TVK suspends Vijay’s statewide tour after Karur stampede kills 41

The Tamilaga Vettri Kazhagam (TVK) has announced the suspension of all public events featuring actor-turned-politician Vijay.

This suspension will be in effect for a period of two weeks.

Further updates regarding the resumption of events are expected to be communicated by the organization in due course.
https://www.newsbytesapp.com/news/politics/tvk-suspends-vijay-s-statewide-tour-after-karur-stampede-kills-41/story

Zepto in final stages of $450M funding at $7B valuation

Zepto, a significant player in the quick commerce space, is in the final stages of raising $450 million (approximately ₹3,900 crore), according to Moneycontrol.

This funding round marks a major milestone for the company as it continues to expand its presence in the rapidly growing quick commerce sector. The infusion of capital is expected to further strengthen Zepto’s operations and accelerate its growth plans.
https://www.newsbytesapp.com/news/business/zepto-seeks-450-million-funding-at-7b-valuation/story

‘Kurukshetra’ trailer: Netflix’s animated series focuses on ‘Mahabharata’s biggest warriors

Netflix has unveiled the trailer for its upcoming animated series, *Kurukshetra*.

The series is based on the epic Indian tale, the Mahabharata, promising a fresh and engaging retelling of this classic story.

Fans can look forward to an immersive experience that brings the ancient narrative to life through stunning animation and storytelling.
https://www.newsbytesapp.com/news/entertainment/netflix-unveils-kurukshetra-animated-series-trailer/story

RBI eases investment and trade rules for NRIs

The Reserve Bank of India (RBI) has recently announced a series of reforms aimed at easing regulations for Non-Resident Indians (NRIs).

These changes are designed to simplify the regulatory framework, making it more convenient for NRIs to manage their financial transactions and investments in India.

The RBI’s initiative is expected to provide greater flexibility and encourage increased participation from the NRI community in the Indian economy.

Stay tuned for more updates on these reforms and how they may impact NRIs worldwide.
https://www.newsbytesapp.com/news/business/rbi-eases-regulations-for-nris-to-simplify-forex-remittances-investments/story

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