Latest news with #Economic
The Hindu
6 hours ago
- Politics
- The Hindu
Telangana CM Revanth and his Cabinet colleagues meet Mallikarjun Kharge and Rahul Gandhi
Telangana Chief Minister A. Revanth Reddy, Deputy Chief Minister Mallu Bhatti Vikramarka and their Cabinet colleagues met with All India Congress Committee (AICC) president Mallikarjun Kharge and Leader of Opposition in Lok Sabha Rahul Gandhi in New Delhi on Thursday (July 24, 2025). Mr. Reddy is scheduled to make a presentation to Congress MPs on the State's caste survey and efforts to provide 42% reservation for Backward Class (BC) communities in education, politics and employment. He earlier said that they will mobilise support from like-minded MPs to mount pressure on the Centre to clear the bill providing the 42% reservation. The State conducted 50-day door-to-door survey to collect details for Socio, Caste, Economic, Employment and Political Survey. The Chief Minister made a statement on the survey results in the Assembly on February 4, 2025.
Time of India
8 hours ago
- Business
- Time of India
How PolicyBazaar for Business is pioneering proactive risk management for fast-growing businesses
In a comprehensive presentation, Sajja Praveen Chowdary, Director and Head of PolicyBazaar for Business, outlined the precarious relationship between risks and growth for fast-growing Indian businesses. Speaking at the Economic Times Soonicorns Summit 2024, Chowdary highlighted key risks across reputation management, regulatory compliance, legal and IT, and cyber threats. A lack of standardised protocols for risk management, limited financial resources, and a greater dependency on technology and data, making businesses more vulnerable to cyber crimes, were all noted. The pressure to innovate quickly, which can result in poor due diligence and emerging leadership, further increases these risks. One misstep and these threats could easily push startups into chaos. Enter PolicyBazaarforBusiness with its thoughtful risk mitigation ecosystem, shifting from a reactive to a proactive approach. Show more Show less
The Sun
10 hours ago
- Business
- The Sun
Malaysia pushes ASEAN semiconductor supply chain unity at ASEMIS 2025
KUALA LUMPUR: Malaysia is ready to collaborate with ASEAN partners and beyond through joint investments, research partnerships and knowledge sharing to turn regional ambitions into reality, said Investment, Trade and Industry Ministry Deputy Minister Liew Chin Tong. Speaking at the ASEAN Semiconductor Summit (ASEMIS) 2025, Liew stated that ASEAN's strength lies in unity, underpinned by its strategic location, vibrant workforce, strong innovation and manufacturing capabilities, and a growing digital economy. 'What we need now is policy alignment, infrastructure readiness and cross-border collaboration to realise this potential,' he said. Liew said that as Malaysia chairs ASEAN this year, one of its key Priority Economic Deliverables (PEDs) is the development of an ASEAN Framework for an Integrated Semiconductor Supply Chain, which is targeted for completion before Malaysia hands over the chairmanship. Moreover, he said Malaysia's sophisticated semiconductor ecosystem is well-positioned to move from outsourced manufacturing – 'Made in Malaysia' – to a new emphasis on 'Made by Malaysia': the creation of Malaysian technologies. The country aims for more Malaysian companies to evolve into multinational corporations (MNCs), innovating technologies for the world. 'Also, together with ASEAN companies, to build a sustainable and resilient value chain. Our policies should be geared towards creating Malaysian, Singaporean and ASEAN semiconductor MNCs in the future,' he said. Malaysia's commitment was reaffirmed last year when Prime Minister Datuk Seri Anwar Ibrahim unveiled the National Semiconductor Strategy (NSS), a bold and forward-looking policy aimed at positioning Malaysia as a global hub for semiconductor innovation, manufacturing excellence and advanced talent development. At the heart of the NSS is the goal to create 10 Malaysian technology companies with US$1 billion in annual revenue each, and another 100 semiconductor-related local companies with RM1 billion in annual revenue, he added. - Bernama
Yahoo
a day ago
- Business
- Yahoo
FINCA Canada Partners with Government of Canada to Support Youth Employment in East Africa
DODOMA, Tanzania, July 21, 2025--(BUSINESS WIRE)--Today, the Secretary of State for International Development, the Honourable Randeep Sarai, visited Dodoma, Tanzania, to announce a new five million dollar, five-year partnership between the Government of Canada and FINCA Canada. The initiative aims to expand economic opportunities for youth – those aged 30 and under – in East Africa through financial inclusion and entrepreneurship. The project, "Increasing Economic Opportunities for Youth in Uganda and Tanzania", is focused on strengthening the socio-economic inclusion of young people, especially marginalized and vulnerable young women. By refining skills, enhancing financial inclusion and improving employability, the project aims to support long-term economic growth and reduce poverty in the region. "Canada has proudly partnered with FINCA Canada for more than eight years. Now, we are working together to support marginalized youth in Uganda and Tanzania," said Hon. Randeep Sarai, Secretary of State for International Development of Canada. "Through technical and vocational education and training, and skills development, young people, especially young women, will be empowered with competencies that meet current market demands. They will be better equipped to secure jobs, advance their careers, and expand, or start new businesses. Inclusive opportunities will lead to a brighter future for all." Youth socio-economic inclusion is vital for East Africa's sustainable development and economic growth, especially as youth comprise over 70 per cent of the population in Uganda and Tanzania, with median ages of 16 and 19, respectively. Despite their numbers, youth unemployment remains high, 17 per cent in Uganda and 11 per cent in Tanzania, far above national averages, and young women face unemployment rates 50 per cent higher than their male counterparts. The project aims to support youth through vocational training, entrepreneurship and employment programs. To ensure its success and sustainability, FINCA Canada will partner with local organizations and businesses in Tanzania and Uganda. These partners will provide job skills training to help young people secure employment. Through the Business Partnership Program, FINCA Canada will offer business skills development, mentorship, and connect youth with successful businesses in their communities. The project will also provide financial education, financial services and capital to young entrepreneurs to help them start or grow their businesses. "Young entrepreneurs in Africa have the ideas, determination, and ability to achieve great things when given the opportunity," said Drew Boshell, Executive Director, FINCA Canada. "Through this project, FINCA Canada is committed to helping young people achieve their goals and break the cycle of poverty by allowing them to access the financial skills and services they need to secure a sustainable future." Over the next five years, FINCA Canada and the Government of Canada expect to support more than 40,000 youth in Tanzania and Uganda, particularly young women and girls with vocational training, financial literacy training, business placements, and mentorship opportunities. By enabling participants to access financial products and services, either to launch new businesses or expand existing ones, the project is expected to create approximately 20,000 new jobs. About FINCA Canada FINCA Canada is a member of the FINCA network, a global organization committed to creating pathways out of poverty through sustainable, scalable solutions rooted in the needs of the people it serves. Operating in some of the world's most challenging markets, FINCA provides financial and non-financial tools to help individuals and communities build resilience, generate income and invest in their children's education. FINCA's work is driven by the belief that all people should have the opportunity to leverage their wisdom, talent, and effort to determine their own destiny. FINCA aims to reach at least 40 million people by 2028 with proven solutions that spark lasting impact. For more information, visit View source version on Contacts Media Contact: Emily EllisAccount DirectorKaiser & Sign in to access your portfolio
Morocco World
3 days ago
- Morocco World
Agadir Court Convicts Professor of Defamation Over Master's Degree Scandal
Rabat – The primary court in Agadir on Monday issued its ruling in the defamation case against university professor Ahmed Qilich , who is currently held in pre-trial detention at Oudaya prison in Marrakech. Qilich was facing charges brought by a fellow professor at the Faculty of Legal, Economic, and Social Sciences at Ibn Zohr University, following a complaint filed in 2022. The colleague, head of the private law department, accused him of defamation and insult during an official meeting, after she refused to endorse his master's program file, citing administrative irregularities. In its verdict on the criminal charges, the court acquitted Qilich of the offenses of issuing threats and insulting public officials. But it found him guilty of defaming a woman based on her gender and ordered him to pay a fine of MAD 50,000, in addition to covering court costs and minimum enforcement fees. On the civil side, the court ruled that Qilich must also pay symbolic damages of one dirham to the plaintiff while rejecting the rest of her civil claims. This ruling comes as Qilich remains in detention pending trial in a separate and highly publicized case involving allegations of selling master's degrees and certificates for money—a scandal that has sparked widespread debate in academic and public circles. The detention order in the second case was issued by the investigating judge for financial crimes at the Marrakech Court of Appeals, following an investigation by the National Judicial Police Brigade. According to reports, several other individuals are also involved in the case and have appeared before the King's Attorney General at the same court. This is not the first time such a university scandal has made headlines in Morocco. The incident brings to the surface the ' Sex for Grades ' scandal from 2022. In this case, several Hassan I University professors were arrested in Settat, found guilty of sexually harassing female students in exchange for academic incentives. Tags: ahmed Qilichdiploma scandalIbn Zohr University
