Reliance Industries Ltd's Q1 net profit surges 78% to Rs 26,994 crore
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hindu
17 minutes ago
- The Hindu
Student-Centric Counselling Gaining Ground Among Study Abroad Aspirants
Hyderabad, July 19 — As international education becomes more competitive and outcome driven, students from Telangana and Andhra Pradesh are becoming increasingly selective about their overseas education choices. What was once influenced by advertisements and promotional events is now guided by informed decisions and measurable success. At the center of this transition is i20Fever – Yathapu Consulting, a Hyderabad based firm quietly reshaping the landscape of overseas education counseling through ethics, accuracy, and a deeply student focused approach. Founded in 2006, i20Fever – Yathapu Consulting has guided over 33,000+ students to globally ranked universities across the USA, Australia, Canada, UK, Ireland, Germany, and France. Operating eight branches across Hyderabad, Warangal, Vijayawada, and Visakhapatnam, and powered by a team of more than 150 professionals, the consultancy's influence spans both metropolitan and tier-two cities. Their approach combines regional insight with global exposure, an advantage that today's students are increasingly seeking. At the helm is Mr. Naveen Yathapu, a Missouri University of Science and Technology (Rolla, USA) alumnus, who also serves as the Treasurer on the Board of Directors at AIRC (American International Recruitment Council). Under his leadership, the firm has consistently upheld international best practices while catering to the unique needs of Indian students, a balance that resonates strongly with aspirants looking for transparent and reliable guidance. Education Fair to Bring Global Opportunities Under One Roof On July 26, i20Fever is organizing its flagship USA & Australia Education Fair at Taj Deccan, Banjara Hills, from 10 AM to 4 PM. This year's edition will host representatives from over 40+ reputed universities, offering students and working professionals a platform to receive on-the-spot profile evaluations, scholarship insights, and visa guidance. While the event is focused on the USA and Australia, it also includes dedicated help desks for UK, Canada, Ireland, Germany, and France, enabling students to explore multi-destination plans based on their profile and goals. The fair is expected to draw a strong turnout, continuing the firm's tradition of high impact engagements every academic year. Students Prioritize Outcomes, Not Just Admissions Today's students are more concerned with long term outcomes, career prospects, visa sustainability, and return on investment, than with flashy promotional campaigns. With increasingly complex visa regulations, competitive application cycles, and evolving English proficiency requirements, aspirants are placing their trust in counselors who provide accurate, timely, and personalized support. Students from engineering, management, public health, and emerging tech domains are now choosing firms that offer data backed counseling, curated university shortlists, and rapid application processing. At i20Fever, a 48 hour turnaround for applications, real time updates, and systematic follow up have become standard practice, earning them the trust of students aiming for globally competitive programs. Credibility Is the New Currency In a crowded counseling market, track record and institutional affiliations are proving more persuasive than advertising budgets. Families are increasingly relying on word-of-mouth references and verified success histories. For many, the combination of i20Fever's alumni base across top global universities and its leadership's international credentials offer a level of assurance that's hard to replicate. The demand is no longer just for an offer letter, it's for a guided journey that addresses financial planning, visa compliance, and post-study pathways. Consultants with the ability to connect local realities with international requirements are now shaping the future of global student mobility. Southern India's Growing Footprint in International Education As observed over the past three years, students from the southern states particularly Telangana and Andhra Pradesh are increasingly placing their trust in i20Fever – Yathapu Consulting when it comes to overseas education. The consultancy has consistently emerged as a top choice among aspirants, thanks to its proven track record of placing students in leading global universities. Whether it's securing a STEM admit in the U.S., enrolling in engineering programs in Australia, pursuing healthcare in Canada, a business degree in the UK, pharmacy in Ireland, or automobile engineering in Germany, students are no longer swayed by flashy campaigns. Instead, they are making informed decisions driven by results, transparency, and personalized guidance. In this evolving landscape, i20Fever continues to lead with a student-first approach, setting the benchmark for ethical and outcome-oriented counseling across the region. For more details please visit 'This article is part of sponsored content programme.'
India.com
17 minutes ago
- India.com
Bad news for Shehbaz Sharif as Pakistan nears bankruptcy, will soon face Rs 650000000000 'bomb' due to....
Rs 7500 crore drones, intelligence and Jihad: Pakistan and this Muslim country planning big conspiracy against India, trying to… New Delhi: Bankrupt Pakistan is likely to witness more financial crunch in the current financial year. According to the reports, if Pakistan fails to repay a debt of Rs 6.50 lakh crore (approximately USD 23 billion) during this period, a default is likely. Citing Pakistan's Economic Survey 2024–25, The News reported that the government is required to repay USD 23 billion in debt during 2025–26. Failure to do so could push the country to the brink of default. The country's total public debt stood at Rs 76.01 trillion by the end of March 2025. This includes Rs 51.52 trillion in domestic borrowing (approximately USD 180 billion) and Rs 24.49 trillion (around USD 87.4 billion) in external loans. The external debt is divided into two parts: funds borrowed directly by the government and loans received from the IMF. This debt has accumulated over years due to economic mismanagement, temporary funding solutions, and repeated bailouts. However, the repayment demands for this year have exposed how little room the government has left to maneuver. USD 12 Billion in Temporary Deposits The bankrupt Pakistan is required to repay USD 23 billion this year. To meet this obligation, USD 12 billion will be received as temporary deposit amounts from four of its friendly countries. These include USD 5 billion from Saudi Arabia, USD 4 billion from China, USD 2 billion from the United Arab Emirates, and USD 1 billion from Qatar. Here are some of the key details: Pakistan is required to repay USD 23 billion this year. USD 12 billion will be received as temporary deposit amounts from China, UAE, Saudi Arabia and Qatar. USD 5 billion from Saudi Arabia, USD 4 billion from China, USD 2 billion from the United Arab Emirates, and USD 1 billion from Qatar. If any of these countries decide to withdraw their support, Pakistan will have to repay the entire amount within this year. The News has warned that if these friendly nations refuse to extend the rollover of their deposits, the situation could deteriorate further. This would make repayment unavoidable for the government, pushing it to rely more on diplomatic goodwill than on financial strength. And there are signs that even that goodwill is weakening. USD 11 Billion in Payments Still Pending The Shehbaz Sharif government still has to pay around USD 11 billion to external creditors this year even if all its temporary deposits are rolled over. This includes USD 1.7 billion in international bonds, USD 2.3 billion in commercial loans, USD 2.8 billion to institutions like the World Bank, Asian Development Bank, Islamic Development Bank, and Asian Infrastructure Investment Bank, and $1.8 billion in bilateral loans. This financial burden comes at a time when Pakistan's foreign exchange reserves are already under pressure. The country has limited sources of new income and is still awaiting a new extended programme from the IMF.
Time of India
17 minutes ago
- Time of India
205% return on Sovereign Gold Bonds: RBI announces redemption price of this SGB
How is SGB redemption price calculated? Academy Empower your mind, elevate your skills What is the redemption price of SGB 2018-19 Series-V? Returns on premature redemption of SGBs Interest payment on SGB What are Sovereign Gold Bonds (SGBs)? Important FAQs on SGBs Can I encash the gold bond at any time? Is premature redemption allowed? What do I have to do if I want to exit my SGB investment? The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign Gold Bonds (SGB) 2018-19 Series-V. The SGB is due for premature redemption on Tuesday, July 22, 2025. Gold bonds mature 8 years from the date of issuance, and premature redemption of SGBs is permitted only after the completion of the fifth year from the date of Wealth Online tells you the premature redemption price, the returns you will earn if you opt for premature redemption and other important to an RBI press release dated July 21, 2025, "The redemption price of SGB shall be based on the simple average of the closing gold price of 999 purity of the previous three business days from the date of redemption, as published by the India Bullion and Jewellers Association Ltd (IBJA)."The redemption price of Sovereign Gold Bonds due for premature redemption due on July 22, 2025, will be Rs 9,820 per unit of SGB based on the simple average of the closing gold price for the three business days i.e. July 17, 2025, July 18, 2025 and July 21, SGB 2018-19 Series-V, was issued at Rs 3214 per gram in January 2019. So, the absolute return comes to Rs 9,820 - Rs 3214 = Rs 6,606 (without factoring in the interest). In percentage terms, it comes to 205.56%Gold bonds offer an interest rate of 2.50% (fixed rate) per annum on the initial investment amount. Interest will be credited semi-annually to the investor's bank account, and the last interest payment will be made on maturity, along with the are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors must pay the issue price in cash, and the bonds will be redeemed in cash upon maturity. The Reserve Bank of India issues the bond on behalf of the Government of Reserve Bank of India (RBI) had announced the premature redemption price for Sovereign Gold Bonds (SGB) Series-IV which was due on July 14, the tenor of the bond is 8 years, early encashment/redemption of the bond is allowed after the fifth year from the date of issue on coupon payment dates. The bond will be tradable on exchanges if held in demat form. It can also be transferred to any other eligible case of premature redemption, investors can approach the concerned bank/SHCIL offices/Post Office/agent thirty days before the coupon payment date. Requests for premature redemption can only be entertained if the investor approaches the concerned bank/post office at least one day before the coupon payment date. The proceeds will be credited to the customer's bank account provided at the time of applying for the bond.
