logo
Chandigarh University Uttar Pradesh to Play Key Role in FinTech & Banking Education with Industry Collaborations for Practical Learning: TCS Sr. Consultant, Ambrish Srivastava

Chandigarh University Uttar Pradesh to Play Key Role in FinTech & Banking Education with Industry Collaborations for Practical Learning: TCS Sr. Consultant, Ambrish Srivastava

The Wire2 days ago

For the best experience, open
m.thewire.in
on your mobile browser or Download our App.
Next
Support independent journalism. Donate Now
PTI
10 minutes ago
Chandigarh University will create industry-ready professionals for Banking and Financial Services Companies says ICAI Chairman, CA Anurag Pandey Lucknow, Uttar Pradesh, India (NewsVoir) The Faculty of Business and Commerce at Chandigarh University, Uttar Pradesh organised a panel discussion focused on India's transformation through education and its goal to become a $7 trillion economy by 2030. … Continue reading "Chandigarh University Uttar Pradesh to Play Key Role in FinTech & Banking Education with Industry Collaborations for Practical Learning: TCS Sr. Consultant, Ambrish Srivastava"
Real journalism holds power accountable
Since 2015, The Wire has done just that.
But we can continue only with your support.
Contribute Now
Chandigarh University will create industry-ready professionals for Banking and Financial Services Companies says ICAI Chairman, CA Anurag Pandey Lucknow, Uttar Pradesh, India (NewsVoir) The Faculty of Business and Commerce at Chandigarh University, Uttar Pradesh organised a panel discussion focused on India's transformation through education and its goal to become a $7 trillion economy by 2030. The event witnessed participation from industry leaders, academicians and expert panellists. Held in two sessions, the discussion delved into themes such as changes in education, the future of the economy, and the roadmap for achieving the $7 trillion economic goal.
The panel also explored how AI will impact employment in the coming years. Speakers highlighted that AI-based jobs are likely to witness a 40 percent rise over the next five years. According to the India Skills Report 2024, the AI industry in India is expected to reach USD 28.8 billion by the end of 2025. Additionally, as per a report by ServiceNow and Pearson, AI is projected to generate 2.8 million new jobs in India by 2028. Under the Uttar Pradesh government's newly launched UP AI City Project, a target has been set to create 50,000 direct and indirect jobs over the next five years, reflecting the promising future of AI in India.
Dr. Ajay Yadav, Registrar, Chandigarh University, Uttar Pradesh said, 'It is a proud moment for us to host the first business school panel discussion at Chandigarh University Uttar Pradesh in the presence of esteemed dignitaries. This institution is not merely a project—it is a dream to create one of the finest educational spaces in India, with an investment of over ₹2,500 crore. Our vision is to build an iconic learning environment in the state capital region—one that parallels global standards and fulfills the aspirations of students who otherwise seek education abroad. We look forward to continued support and collaboration from academia and industry alike as we shape this dream into reality.' The Chief Guest, Prof. Manuka Khanna, Pro Vice-Chancellor, University of Lucknow said, 'It was a delight to visit Chandigarh University Uttar Pradesh and witness the energy and vision shaping this emerging institution. The integration of AI across disciplines, coupled with a strong focus on skill development and incubation, reflects the future of higher education. Initiatives like these will empower students with real-world capabilities and position India as a global hub for innovation and talent. As the National Education Policy gains momentum, such models will play a vital role in transforming the educational landscape.' According to the Stanford AI Index 2024, India ranks first globally in AI skill penetration and has recorded a 263 percent growth in this sector since 2016. Moreover, India has now emerged as the world's third-largest startup ecosystem, having generated over 1.6 million jobs through 1.57 lakh startups. These statistics indicate that India is becoming a global power in AI skills, innovation, and entrepreneurship.
While speaking on the role of AI in the finance and commerce sectors, speakers pointed out how AI is making processes such as data analysis, customer service, fraud detection and investment advisory faster, more accurate, and more secure than ever before. AI-powered chatbots and automated tools are not only improving customer experience but also enhancing critical functions like risk management and credit scoring. This is making banking and financial services more transparent and efficient.
Speakers also emphasized that cyber fraud has become a major challenge in the digital era, and AI is proving to be an effective tool in combating it. AI-based systems can identify suspicious transactions in real-time. Thus, AI technology is playing a significant role not only in economic and educational development but also in strengthening cybersecurity. The event was graced by Prof. Manuka Khanna, Pro Vice Chancellor of Lucknow University as the chief guest, and by special guests including Prof. Neel Mani Verma, former Vice Chancellor of BBAU Lucknow, Prof. Amarendra Pratap Singh from IGNTU Amarkantak, and Mr. Ambarish Srivastava, Senior Consultant, TCS Lucknow.
During the discussion, experts also stressed that aligning education with innovation, industry needs, and the vision of Digital India can not only make Indian youth globally competitive but also help India become economically self-reliant and prosperous. The discussion underlined that long-term thinking and an inclusive approach in education policies are essential to ensure that every section of society is integrated into the mainstream of economic development.
In the first session, titled 'Future of Education and Economy,' in-depth discussions were held on changes in education and the future of the economy. The session was moderated by Prof. Alka Singh from the Faculty of Business and Commerce, Chandigarh University UP. Key speakers included Prof. Manuka Khanna, Pro Vice Chancellor, University of Lucknow; Prof. Neel Mani Verma, former Vice Chancellor, Babasaheb Bhimrao Ambedkar University, Lucknow; Prof. Amarendra Pratap Singh, Professor, Indira Gandhi National Tribal University, Amarkantak; and Mr. Ambarish Srivastava, Senior Consultant, Tata Consultancy Services, Lucknow.
This session saw a deep exchange of ideas on India's new education policy, technology-driven education systems, the relationship between industry and academia, and the role of education in economic growth. A key thought that emerged was that adopting innovation and industry-oriented vision in education systems can make India's economy stronger and more inclusive.
In the second session titled 'Roadmap to a $7 Trillion Economy', the speakers discussed the necessary steps to take India's economy to the next level. This session was moderated by Prof. Ashutosh Bajpai from the Faculty of Business and Commerce, Chandigarh University UP. Key speakers included Prof. Manoj Agrawal, Professor, Department of Economics, Lucknow University; Prof. Saurabh, Dean, Siddharth University, Kapilvastu; and CA Anurag Pandey, Chairman of the Lucknow Branch of ICAI. All the speakers, being experts in their respective fields, shared valuable insights on the role of education, policy and investment in India's economic advancement.
Mr. Ambrish Kumar Srivastava, Senior Consultant, TCS said, 'With nearly 60% of our population under the age of 35, India has a vast talent pool ready to be empowered through technology-driven education. Chandigarh University Uttar Pradesh is leading this transformation by integrating AI across disciplines and building a future-ready curriculum. Its strong industry collaborations and focus on innovation are preparing students for diverse roles—from fintech and manufacturing to defence—making them truly industry-ready.' CA Anurag Pandey, Chairman, Lucknow Branch of ICAI said, 'Financial discipline, tax reforms, and a strong regulatory framework are crucial for sustainable national growth. As financial professionals, we play a vital role in shaping this journey. I appreciate Chandigarh University Uttar Pradesh's beautiful campus and its commitment to practical, industry-aligned education. With a strong focus on AI and global collaborations, the university is empowering students with the skills needed to become future-ready professionals.' About Chandigarh University Uttar Pradesh (Lucknow) Envisioned to foster a culture of sustainability and empower future global leaders, Chandigarh University, Uttar Pradesh, immerses 21st-century learners in a personalised and experiential learning experience, integrating an AI-powered academic model and a multidimensional, futuristic perspective on education. Our Uttar Pradesh campus carries forward the venerable legacy of more than a decade of Chandigarh University, Punjab, which has established itself as India's No. 1 Private University and a torchbearer of groundbreaking pedagogy and research-driven innovation. The AI-augmented new campus offers a broad spectrum of industry-driven futuristic academic programs encompassing data-driven insights, virtual reality experiences, real-world simulations, corporate mentorship, international perspective, interdisciplinary research, cultivation of entrepreneurial spirit, and professional competencies.
For more information, please visit www.culko.in.
(Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.).
This is an auto-published feed from PTI with no editorial input from The Wire.
PTIPRNEWS
Krishi Mahotsav at SKD University: A Revolution in Agriculture and Innovation
View More

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Aviation industry accounts for 1.5 per cent of India's GDP, creates 7.7 million jobs
Aviation industry accounts for 1.5 per cent of India's GDP, creates 7.7 million jobs

New Indian Express

time4 hours ago

  • New Indian Express

Aviation industry accounts for 1.5 per cent of India's GDP, creates 7.7 million jobs

NEW DELHI: The Indian aviation industry, now the third-largest aviation market globally, contributes a significant USD 53.6 billion annually to the national economy, accounting for 1.5% of the country's Gross Domestic Product (GDP). The sector is also a key employment generator, creating approximately 7.7 million jobs both directly and indirectly across the country. During the opening day of the International Air Transport Association (IATA) annual general meeting on Sunday, Amitabh Khosla, IATA's country Director for India, Nepal, and Bhutan, said the crucial role aviation plays in the nation's economic growth. He described the industry as a major driver of employment, economic activity, international trade, investment, and global connectivity. Khosla highlighted the correlation between a country's air connectivity and competitiveness, productivity, investment levels, tourism, and trade flow. 'In 2023, the industry annually generated a USD 53.6 billion contribution to India's economy, underpinning 7.7 million jobs in the country,' he said. Tourism, supported by aviation, contributes Rs 27.1 billion to the GDP and employs 5 million people. International tourists add another USD 29.4 billion annually to the economy through local purchases of goods and services. 'Overall the travel and tourism sector accounts for 6.5% of the nation's GDP and 8.9% of total employment in 2023,' Khosla stated. Khosla also pointed out that India has shown a strong recovery from the COVID-19 pandemic. While the domestic aviation market rebounded more quickly, the international segment has now surpassed pre-pandemic levels. As of December 2024, the international sector stood nearly 20% above its 2019 levels, while domestic operations were over 8% higher. 'Such a positive recovery reaffirms the strong demand for international travel and provides a firm foundation for the period ahead,' he said. The Middle East remained the top international destination for Indian flyers in 2023, with 13.7 million passengers, followed by the Asia Pacific region and Europe. To meet growing demand, airlines have ramped up flight frequencies and seat capacities. Scheduled flights increased by 77.7%, reaching about 1.3 million in 2024. Most of these were domestic, which surged from 613,000 flights in 2014 to nearly 1.1 million in 2024. Indigo led this expansion, operating 53% of all departing flights from and within India. Consumers have also benefited from increased competition, which led to a 25% reduction in real airfares in 2023 compared to 2011, Khosla noted. Currently, India has 116 airports offering commercial scheduled services, with 96 of them providing direct connections and 521 outbound international flights each day. Over the last five years, 103 new international routes have been introduced. There are currently 99 operational airlines in the country. India has also established itself as the sixth-largest air cargo market in the world, transporting 3.3 million tonnes of air freight in 2023. Khosla added that the country holds significant potential for the development of Sustainable Aviation Fuel (SAF).

Udyami Mitras helping UP achieve 1$ trillion economy goal, says Yogi
Udyami Mitras helping UP achieve 1$ trillion economy goal, says Yogi

Time of India

time6 hours ago

  • Time of India

Udyami Mitras helping UP achieve 1$ trillion economy goal, says Yogi

Lucknow: Emphasising on the importance of the 'Udyami Mitras', an arm of the industries department who act as the primary face to generate investments in the state, Yogi Adityanath said that acting as the backbone, they are helping the state to achieve the USD 1 trillion economy goal. Revealing more details, a senior officer from the industries department said that Havells is investing Rs 879 crore to establish a research and development centre in Noida, set to become operational by 2026 — an achievement made possible through timely support from Udyami Mitras in resolving process-related challenges. Similarly, the Sharda Group's Rs 600 crore health city in Agra is progressing smoothly, aided by prompt regulatory approvals facilitated by the dedicated professionals. In Prayagraj, JK Cement's Rs 400 crore project faced issues related to land mutation and road connectivity has been facilitated. In the case of Indraprastha Gas Limited (IGL) project in Fatehpur, a delay in setting up an 11 KVa powerline was also resolved. Under Invest UP, the independent team of Udyami Mitras accurately updated data pertaining to fourth edition of the groundbreaking ceremony and are actively looking for investors willing to participate and invest in the fifth edition. Regular meetings are held with investors through the Udyog Bandhu platform to maintain communication. The team also completed tasks like industry pilot surveys, EV station surveys and land site visits within the deadlines.

UK bans disposable vapes, first offence to be penalised, jail for repeat offenders
UK bans disposable vapes, first offence to be penalised, jail for repeat offenders

India Today

time8 hours ago

  • India Today

UK bans disposable vapes, first offence to be penalised, jail for repeat offenders

A ban on disposable vapes came into force across the UK on Sunday as the British government aims to stem their use by children, reduce litter and prevent the leaking of harmful chemicals into the ban makes it illegal for any retailer - online or in-store - to sell vapes, whether they contain nicotine or not. They will still be able to sell reusable crackdown follows the soaring use of disposable vapes in schools and a rising tide of trash, as users dispose of the vapes. It is estimated that as many as 5 million disposable vapes are thrown in bins or littered every week across the UK, rather than being recycled. A number of countries are seeking to regulate the vape market, which has grown exponentially over the past decade or so. Australia outlawed the sale of vapes outside pharmacies last year in some of the world's toughest restrictions on electronic cigarettes, while Belgium became the first European country to ban the use of disposable vapes at the start of this year. California has been at the forefront of bringing in new regulations in the UK's Department for Environment, Food and Rural Affairs said usage among young people remained too high, and the ban would "put an end to the alarming rise in school playgrounds and the avalanche of rubbish flooding the nation's streets".advertisementAlso known as single-use vapes, disposable vapes are non-refillable and unable to be recharged, and are typically thrown away with general waste or just thrown on the street. Even when they are recycled, they need to be taken apart by hand, while their batteries are a fire risk to recycling facilities and can leak harmful chemicals into the environment and potentially harming were given six months to prepare for the change by selling any existing stock. Rogue traders who continue to sell them risk a fine of 200 (USD 260) in the first instance, followed by an unlimited fine or jail time for repeat UK Vaping Industry Association said its members had moved quickly to comply with the June 1 deadline, but warned of "serious unintended consequences" emanating from too much regulation."We are concerned that this ban will encourage former smokers who have already transitioned from cigarettes, which kill 220 people every day in the UK, to return to combustible tobacco or opt for unregulated vapes," said its director general, John the British government is legislating to potentially restrict the packaging, marketing and flavours of e-cigarettes.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store