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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

Fashion Value Chain

time3 days ago

  • Business
  • Fashion Value Chain

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

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. Experts participating in the panel discussion India @2030 organized by Chandigarh University Uttar Pradesh 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 governments 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 Indias 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 Indias 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

Out-of-school children: Centre flags huge mismatch in Bihar, Jharkhand data & national survey
Out-of-school children: Centre flags huge mismatch in Bihar, Jharkhand data & national survey

The Print

time4 days ago

  • Politics
  • The Print

Out-of-school children: Centre flags huge mismatch in Bihar, Jharkhand data & national survey

The discrepancies surfaced during meetings between state officials and the Project Approval Board (PAB) for the Samagra Shiksha Scheme, the largest school education scheme, held between March and April 2025. The minutes of the meetings were released last week. With the mismatch raising concerns about the reliability of state data, the ministry has asked these states to closely monitor the data uploaded to the portal. New Delhi: The Union Ministry of Education has flagged significant discrepancies between the number of out-of-school children reported by Bihar and Jharkhand on the Centre's online portal and the National Sample Survey Office (NSSO) survey, ThePrint has learnt. According to the minutes reviewed by ThePrint, the ministry identified a 'large variation' in the number of Out-of-School Children (OoSC)—defined as those aged 6 to 14 years who are not enrolled in or attending any educational institution—on the PRABANDH portal, the online system used to monitor the implementation of the Samagra Shiksha scheme. In Bihar, state data for 2023-24 showed 33,285 OoSCs on PRABANDH while the number of 'never enrolled' children recorded by the NSSO survey (2022-23) was 6,27,763. Similarly, in Jharkhand, PRABANDH listed 37,409 OoSC in 2023-24 compared with the NSSO's (2022-23) 1,07,639. NSSO defines 'never enrolled' children as students not attending school or any formal education institution at that point of time 'The state was advised to monitor the data uploaded on the portal by a responsible officer under the supervision of the state project directorate,' the minutes stated. The ministry has advised other states and Union territories (UTs) to ensure effective data collection of out-of-school children and timely updates on the PRABANDH portal on bringing them to school. Shashi Ranjan, State Project Director, Jharkhand Education Project Council, told ThePrint the state was investigating the reason behind the data mismatch. 'We are trying to find out how this gap has been reported because we conduct household surveys. We will also coordinate with the NSSO to understand their methodology. However, our process is very meticulous,' he said. He said the education department in Jharkhand conducts door-to-door surveys annually to identify the number of out-of-school children, and the data is updated on the PRABANDH portal. ThePrint reached Bihar Education Department Secretary Ajay Yadav via multiple calls or messages. This report will be updated if and when a response is received. Meanwhile, a Bihar Education Department official told ThePrint on condition of anonymity that they are also looking to ascertain the cause of the discrepancy. Also Read: 'Everything at stake' for Indian students as US pauses visa interviews amid social media vetting plan Teaching posts lying vacant across various states According to the minutes, the ministry also flagged widespread vacancies in teaching posts across various states. Bihar reported 'significant' teacher vacancies, with 208,784 at the elementary level, 36,035 at the secondary level and 33,035 at the senior secondary level. According to the minutes, the state indicated that recruitment is underway, with around 80,000 posts to be filled through the state public service commission and 'plans for further recruitment to follow'. In Haryana, the ministry flagged 7,626 teacher vacancies in elementary schools, 4,070 in secondary schools and 3,847 in senior secondary schools. Madhya Pradesh had 47,122 teacher vacancies in elementary schools, 2,877 in secondary schools and 2,020 in senior secondary schools. Similarly, Punjab had 6,423 vacant teaching posts across the state, including 1,546 at the elementary level, 961 at the secondary level and 3,916 at the senior secondary level. According to the minutes, the states were advised to fill the teacher vacancies by December 2025. Besides, in Maharashtra, the ministry flagged 8,254 vacancies in elementary school teachers, 660 in secondary school teachers and 65 in senior secondary school teachers. 'The state has informed that it has started the recruitment process and has advertised the vacancies. lt will fill the vacant positions within a period of three months,' the minutes stated. Kerala came in for praise by the ministry for 'filling up all sanctioned posts of teachers in all schools'. (Edited by Sugita Katyal) Also Read: To use or not, is no longer the question. From IITs to DU, universities are fighting unethical AI use

Six held for operating online betting ring during IPL
Six held for operating online betting ring during IPL

Time of India

time22-05-2025

  • Time of India

Six held for operating online betting ring during IPL

Indore: Six persons were arrested for allegedly operating an online betting racket during the IPL cricket match in Indore. Acting on specific intelligence, the police searched a flat located in Khatiwala Tank area. The accused were caught accepting bets on IPL match on Wednesday using laptops and mobile phones. Ajay Yadav (24), Raviraj Chauhan (20), Lokendra Yadav (20), Shakti Raj Tomar (22), Lucky Singh Chauhan (25), and Prem Sagar (20) were arrested. All the accused are from different districts of MP and Rajasthan, and were residing at the same flat in Indore. Juni Indore police station in-charge Anil Gupta said that the operation led to the seizure of five laptops, 17 mobile phones and detailed records of transactions estimated between Rs 5 lakh and Rs 6 lakh. According to the police, preliminary probe suggest that these devices were used to facilitate online betting during IPL matches, and account statements reflecting large transactions were found. The suspects were booked under various sections of the Gambling Act, and further investigation is underway. TNN

Gang involved in stealing fuel from tankers busted
Gang involved in stealing fuel from tankers busted

Hindustan Times

time05-05-2025

  • Hindustan Times

Gang involved in stealing fuel from tankers busted

LUCKNOW A gang involved in stealing diesel and petrol from tankers departing the HPCL depot in Lucknow was on Monday busted by a joint team of the Sarojini Nagar police station and the surveillance cell of South Zone, said officials. The gang members were in collaboration with tanker drivers. They would steal a portion of the fuel and replace it with similar-looking chemicals sourced from Unnao. The stolen diesel/petrol was then sold at discounted prices in rural areas such as Kakori, Mohammada, Chakauli, Behta, and Samda, said DCP (south zone) Nipun Agarwal. 'Five members of the gang were arrested while in the act of siphoning oil from a tanker near TS Mishra University,' he said, adding the involvement of cops posted at the outpost also surfaced and soon action will be taken. 'Efforts are underway to trace and apprehend two more accomplices. This is a major success in curbing fuel-related crimes in the region,' said Agarwal, adding that an FIR had been registered at Sarojini Nagar police station under multiple sections of the Bharatiya Nyaya Sanhita (BNS) and the Essential Commodities Act. Further investigation is underway. The gang had been operating for several months and using sophisticated methods to steal oil and replace it with chemicals before the tanker reached its destination, he said. The arrested accused were identified as Ajay Yadav, 38, Omprakash Yadav, 30, Mirajuddin, 30, Jagdeep Prajapati, 29, and Arun Kumar, 22, all residents of Lucknow or nearby areas, stated Lucknow Police. 'The police conducted a raid and caught the suspects red-handed while stealing fuel from the tanker using a motorised filler machine. The cops recovered 38 chemical-filled blue drums (approx. 7,400 litres), one drum with 50 litres of petrol, and several vehicles including a tanker, a pickup vehicle, an SUV, and a motorcycle,' said the DCP. The driver of the tanker managed to flee from the spot. Ajay Yadav and Omprakash Yadav are believed to be the masterminds of the operation, with Omprakash already having a criminal history in similar cases. The police also recovered 27 additional drums of stolen fuel from a warehouse in Behta.

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