logo
Min Lodha urges industrialists in Ahilyanagar to support modernisation of govt ITIs

Min Lodha urges industrialists in Ahilyanagar to support modernisation of govt ITIs

Time of India24-07-2025
Nashik: State minister for skill development, entrepreneurship and innovation Mangal Prabhat Lodha on Thursday urged industrialists to support govt policy for the modernisation of Industrial Training Institutes (ITIs) through public-private partnership (PPP).
Lodha's appeal came during a meeting with industrialists in Ahilyanagar city on Thursday. The meeting was to inform them about the new initiative undertaken by the ministry of skill development, entrepreneurship and innovation. According to the new initiative, industries will now be able to modernise govt ITIs based on the PPP model.
Addressing the gathering, Lodha said entrepreneurs and govt need to work together for the modernisation of ITIs.
New courses are being introduced in the ITIs to provide skilled manpower required for industries in the state. He said state govt is giving priority to the empowerment of all govt ITIs in the state.
"We are focusing on increasing the employability of trainees with cooperation from the industries to meet their requirement for skilled manpower," he said. He further stated that the public-private partnership policy is a transformative initiative to modernise vocational education in govt ITIs, reduce skill gaps, and create skilled manpower aligned with entrepreneurs' needs.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Beyond Text Generation: An AI Tool That Helps You Write Better
Grammarly
Install Now
Undo
If the skills of the young generation are enhanced, they would also get employment. For this skill development, new courses as well as short-term courses are being started in ITIs, said Lodha. Lodha also appealed that skill-based employment is available at large in the state and everyone should work together to train youth and provide them with employment.
MLA Vikram Pachpute, former MLA Babanrao Pachpute, district collector of Ahilyanagar Pankaj Ashiya, chief executive officer of Zilla Parishad, Ahilyanagar, Anand Bhandari, and others were present on this occasion.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Gems and jewellery exports up nearly 16% in July, driven by diamonds and gold jewellery
Gems and jewellery exports up nearly 16% in July, driven by diamonds and gold jewellery

Time of India

time8 minutes ago

  • Time of India

Gems and jewellery exports up nearly 16% in July, driven by diamonds and gold jewellery

Exports of gems and jewellery in the month of July stood at US$ 2178.24 million showing a growth of 15.98 per cent as compared to US$ 1878.09 million in July last year, according to figures released by the Gem & Jewellery Export Promotion Council ( GJEPC ) The overall gross imports of gems and jewellery stood at US$ 1810.43 million in July showing a growth of 26.55 per cent as compared to US$ 1430.55 million for the same period of the previous year. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program The overall gross exports of gems and jewellery stood at US$ 8789.67 million showing a decline of 0.11 per cent in the first four months of FY26 as compared to US$ 8799.66 million for the same period of previous year. The overall gross imports during the same period stood at US$ 7189.907 million showing a growth of 4.21 per cent as compared to US$ 6899.74 million for the same period of the previous year. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like War Thunder - Register now for free and play against over 75 Million real Players War Thunder Play Now The GJEPC figures show that the gross export of cut & polished diamonds has witnessed a growth of 17.76 per cent at US$ 1071.73 million in July as compared to US$ 910.13 million for the same period of previous year. The overall gross imports of cut & polished diamonds stood at US$ 113.75 million in July is showing a growth of 32.02 per cent as compared to US$ 86.16 million in July of 2024. Live Events Gross export of Polished Lab Grown Diamonds for the period July 2025 stood at US$ 122.43 million showing a growth of 27.61 per cent over the comparative figure of US$ 95.94 million for the previous year. The total gross export of gold jewellery stood at US$ 813.77 million in July showing a year-on-year growth of 16.39 per cent. The total export of plain gold jewellery stood at US$ 352.37 in July showing a growth of 15.61 per cent as compared to US$ 304.79 for the same period of previous year. The total export of studded gold jewellery at US$ 461.4 in the month of July showing a growth of 16.99 per cent as compared to US$ 394.38 for the same period of previous year.

Gold prices retreat from record highs — is the world's go-to refuge losing its shine? Here are 5 reasons why investors still hold
Gold prices retreat from record highs — is the world's go-to refuge losing its shine? Here are 5 reasons why investors still hold

Time of India

time16 minutes ago

  • Time of India

Gold prices retreat from record highs — is the world's go-to refuge losing its shine? Here are 5 reasons why investors still hold

Gold — long viewed as the ultimate refuge during global turbulence — has slipped from its 2025 record above $3,500 per ounce, sparking fresh debate over whether the metal still holds its safe-haven crown. As of August 12, prices hover near $3,405 per ounce, about 2.5% lower than last week's rally. The drop followed President Donald Trump's surprise assurance that imported gold bars will remain tariff-free — a move intended to calm markets but one that instead erased part of bullion's summer surge. The announcement has renewed questions about gold's resilience in an era of unpredictable trade policies, shifting Federal Reserve signals, and fragile global growth. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program Why did gold ease despite ongoing uncertainty? The August 11 dip came after a tariff-fueled rally earlier this month. Traders had piled into bullion on fears that Trump's trade measures might target precious metals. When the White House confirmed gold's exemption, much of that speculative buying quickly unwound. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Brain tumor has left my son feeling miserable; please help! Donate For Health Donate Now Undo ALSO READ: 2026 mortgage rates set to change: Will Warren Buffett's Berkshire Hathaway prediction give the housing market the relief it needs? Analysts view it as a healthy correction rather than a warning sign. 'Even safe-haven assets can wobble when policy confusion clears,' said Jim Wyckoff of Kitco. 'This was profit-taking after a fear-driven spike, not a collapse in demand.' Live Events Are Trump's tariffs reshaping gold's safe-haven story? Not exactly — but they have underscored gold's vulnerability to political shocks. In late July, tariff rumors and an August 1 trade deadline pushed spot gold to a two-week high of about $3,393 per ounce. When tariffs on imports from countries like Switzerland took effect, demand surged again. But Trump's reassurance that bullion would remain duty-free sent prices sliding. The swift swings reveal a paradox: the same uncertainty that drives gold buying can trigger just as sharp a retreat once the threat passes. Could Fed rate cuts put gold back on the offensive? Quite possibly — and this could be the key driver for the rest of 2025. Economists expect July's core CPI to rise around 0.3% from June, bringing annual inflation near 3.0%. With softer jobs data in play, markets are betting on one or more Fed rate cuts before year-end. Lower interest rates tend to boost gold's appeal since it pays no yield. If inflation continues to ease and real rates fall, bullion could regain strong momentum. 'Once the tariff noise fades, the Fed's path will be the real driver,' Wyckoff noted. Are central banks still backing gold? Yes — and in a big way. Central banks bought a record 1,086 metric tonnes in 2024, and consultancy Metals Focus expects about 1,000 tonnes again this year. From China to Poland, reserve managers are trimming dollar exposure, driven by concerns over U.S. fiscal stability and unpredictable policy. A softer dollar, ongoing geopolitical tensions, and global debt worries are also bolstering gold demand. Dollar strength may be temporary The current drag on gold is largely due to a surging U.S. dollar, which makes the metal more expensive for overseas buyers. But any softening in the dollar — particularly if the Federal Reserve hints at rate cuts — could rapidly reverse the trend. Diversification is non-negotiable in volatile markets Even in a 'risk-on' environment, gold serves as a portfolio diversifier, reducing overall volatility. For investors concentrated in equities or tech-heavy holdings like Tesla, AMD, and Apple, maintaining a gold position is a prudent hedge. Why analysts say 'hold on to gold' Even with the recent dip, gold has surged about 64% since January 2024 — from roughly $2,060 to the $3,395 range in early August. Historically, such pullbacks in a strong uptrend have often been buying opportunities. Gold still offers its classic advantages: protection against inflation, stability when currencies fluctuate, and diversification during market turmoil. 'The fundamentals haven't changed,' one strategist said. 'Real yields are low, central banks are buying, and uncertainty remains high.' This latest pullback looks more like a pause than a warning sign. With inflation still above the Fed's target, rate cuts likely ahead, central bank demand strong, and global risks unresolved, gold's safe-haven shine hasn't dimmed. For long-term investors, the message is clear — don't count the yellow metal out. FAQs: Q1: Why did gold prices drop after hitting record highs? A1: Prices fell as Trump confirmed gold bars would stay tariff-free, ending a fear-driven buying surge. Q2: Will gold remain a safe-haven investment in 2025? A2: Yes, with central banks buying and global risks high, experts see gold holding long-term value.

Indus Waters Treaty: Pakistan urges for water amid nuclear threats; asks India to resume normal functioning of IWT
Indus Waters Treaty: Pakistan urges for water amid nuclear threats; asks India to resume normal functioning of IWT

Time of India

time19 minutes ago

  • Time of India

Indus Waters Treaty: Pakistan urges for water amid nuclear threats; asks India to resume normal functioning of IWT

File photo/ANI Amid nuclear threats and war-related remarks by senior Pakistani leaders and its army chief Asim Munir, Islamabad has urged India to restart the "normal functioning" of the Indus Waters Treaty . New Delhi has kept the treaty in abeyance since May, after the terror attack in Pahalgam, Jammu and Kashmir. Pakistan's foreign office said it is committed to the full implementation of the treaty and welcomed the interpretation of the Court of Arbitration on the matter. The request came after Pakistan's army chief, Asim Munir, issued a nuclear war warning and former foreign minister Bilawal Bhutto made statements calling for action over India's position on the water-sharing agreement. In a statement on Monday, Pakistan's foreign office said, "Pakistan is committed to the full implementation of the Indus Waters Treaty and also expects India to immediately resume the normal functioning of the treaty." It welcomed the interpretation related to the Indus Waters Treaty made by the Court of Arbitration on August 8. India has never recognised the proceedings at the Permanent Court of Arbitration, after Pakistan objected to certain design elements of two projects under the treaty. The Pakistan's foreign office claimed the award explains the design criteria for new run-of-river hydropower projects to be built by India on the Western Rivers — Chenab, Jhelum, and Indus. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo A day after the April 22 terror attack in Pahalgam, India took several measures against Pakistan, including putting the Indus Waters Treaty in 'abeyance.' "Pakistan expects India to immediately resume the normal functioning of the Treaty," the foreign ministry said in a post on X. Earlier, Bilawal Bhutto-Zardari on Monday said that India's decision to suspend the Indus Waters Treaty is an attack on the Indus Valley civilisation and culture. "The Indus Civilisation is connected to this river," he said, adding that an attack on the Indus River is an "attack on our civilisation, our history, and our culture." Meanwhile, the ministry of external affairs (MEA) issued a strong statement in response to remarks reportedly made by the Pakistani Chief of Army Staff during his visit to the United States. "Our attention has been drawn to remarks reportedly made by the Pakistani Chief of Army Staff while on a visit to the United States. Nuclear sabre-rattling is Pakistan's stock-in-trade," the MEA official spokesperson said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store