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Business Standard
4 days ago
- Business
- Business Standard
Vantage Knowledge Academy Ltd. and FLIF Launch National "Certified Financial Literate" Initiative
PNN Mumbai (Maharashtra) [India], July 18: Vantage Knowledge Academy Ltd. (BSE: VKAL), in collaboration with the Financial Literacy & Inclusion Foundation (FLIF), has launched the Certified Financial Literate (CFL) program -- a comprehensive, multi-level financial education initiative aimed at empowering schoolchildren, college students, and the general public with essential money management skills. With only 27% of young Indian adults financially literate, the CFL program addresses a critical need by offering a structured curriculum aligned with the National Strategy for Financial Education. It integrates practical financial topics such as budgeting, saving, investing, debt management, and digital payments into everyday learning. The program features six certification levels, delivered via interactive video modules, real-life case studies, and practical exercises. To cater to offline learners, the program is also available in print through the Wallet Wisdom book series -- one for each level -- featuring worksheets, examples, and illustrations. Those who complete all levels and assessments receive the Certified Financial Literate certificate. For younger learners, Vantage offers the ABC of Money, a three-level program that introduces basic financial concepts like saving, needs vs. wants, and spending wisely. It includes both books and digital tools, and children also receive certification upon completion. All course modules are hosted on Vantage Pro's Learning Management System (LMS) and accessible via the Vantage Pro app ( This tech-driven platform allows users to enroll, learn at their own pace, take quizzes, and track progress in an engaging and user-friendly environment. Vantage and FLIF, a charitable foundation promoted by Vantage's founders, have worked together to develop and refine this initiative. FLIF has granted full rights to Vantage for curriculum development and nationwide rollout. The initiative supports national financial inclusion efforts and echoes the vision of leaders like Dr. Raghuram Rajan, Dr. Manmohan Singh, and Prime Minister Narendra Modi, all of whom have emphasized the importance of early and inclusive financial education. Vantage Knowledge Academy Ltd. is pleased to announce the launch of its bi-monthly e-newspaper, The Campus, designed to reach and engage over 1,00,000 students and academicians across institutions through a digital platform. As a BSE-listed financial education provider, Vantage has a strong track record of delivering globally recognized programs and partnering with leading academic institutions. With this initiative, it reaffirms its commitment to transforming education and supporting India's inclusive growth through innovative, scalable learning solutions. (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)
India.com
5 days ago
- Business
- India.com
Who gave the symbol of Rupee? India had no currency symbol before 2010 as...
Indian Rupee symbol History of Indian Rupee symbol (₹): We have been using the Indian currency since the time we were children but did you notice a big change in the Indian currency after 2009? More specifically, have you noticed the Rupee symbol on the currency notes? Do you know the fact that the Indian currency did not not have a icon before 2009 and only after the UPA government led by Dr Manmohan Singh introduce the Rupee symbol (₹), the icon became famous and prospered as the digital identity of India. As mentioned above, India lacked an official currency symbol until a national competition was held in 2009. Among over 3,300 entries that came from all across the country, the winning design came from D. Udaya Kumar of IIT Bombay. What's the meaning of Indian Rupee symbol (₹) The unique design suggested by Udaya blends the Devanagari letter ''र'' ('Ra') and the Roman capital 'R' without its vertical stroke, topped with two horizontal lines symbolizing both the Indian tricolour and economic equality. Indian Rupee falls 16 paise against US dollar Meanwhile, in a significant update for the Indian rupee, the rupee declined 16 paise against the US dollar to close at 85.92 on Wednesday, as a strengthening American currency amid uncertainties over the India-US trade pact hit investor sentiment. However, sliding global crude prices supported the domestic unit, according to forex traders. As per a report by PTI news agency, the rupee opened weak at 86.02 against the dollar at the interbank foreign exchange. The currency traded in the range of 85.74-86.05 during the day before closing at 85.92, down 16 paise from its previous close. In the previous session, the rupee appreciated 16 paise to close at 85.76 against the US dollar. 'The Indian rupee experienced notable volatility today, initially weakening against a robust US dollar before recovering mid-session due to dollar supply, only to conclude with net losses. (With inputs from agencies)
Time of India
7 days ago
- Business
- Time of India
‘Shift focus to long-term edu solutions, imparting of skills'
Audience attention Girl child dropouts are not just an education issue but a deep-rooted socio-economic crisis demanding multi-departmental collaboration. A dropout, panellists at 'Education: Micro Learning, Macro Impact: Bridging the Learning Gap' session warned, increases the risk of child marriage, teenage pregnancy, poor maternal health, and entrenched poverty. The discussion focused on how to scale grassroots learning innovations. 'We have to shift from one-year, single-domain projects to multi-year, multi-domain, transformation-driven collaborations,' said Manmohan Singh of Kaivalya Education Foundation. Rema Mohan of NSE Foundation, emphasized contextual flexibility, 'A headmaster in Karnataka might not need the same thing as one in Nagaland.' Venkat Krishnan N of India Welfare Trust, asked 'How do we support the enablers rather than just individual actors?' Dr Gayathri Vasudevan of Sambhav Foundation pointed to the value of 'bottom-up feedback' while Rucha Pande of Mantra4Change, said that the most effective models of school improvement emerge when schools are seen not as units of delivery but as units of change. At a session on 'Education: An Enabler of Growth and Change,' Abdul Salam KP, vice chairman, Malabar Gold & Diamonds said the group's educational initiatives started well before the Indian govt enacted the CSR law. 'Later when we began our free food programme for children during Covid, we found several kids did not go to school at all. We then launched informal classrooms at these food distribution sites, which gradually helped integrate them into formal education,' he said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: One simple trick to get internet without a subscription Techno Mag Learn More Undo HAL's D Vijay Kumar spoke of its success in tribal areas of Koraput, Odisha, with a female student having secured a job with a private company. Kumar Anurag Pratap advised students to avoid the beaten path of Class X-XII education and seek new employment-based skills. Ketan Deshpande said his institute provides free career guidance to youth from underprivileged backgrounds.
The Hindu
14-07-2025
- Politics
- The Hindu
Who are qualified as ‘ordinarily resident'?
The story so far: The Election Commission of India (EC) has initiated a Special Intensive Revision (SIR) of the electoral rolls in Bihar. This has kindled the debate around the term 'ordinarily resident' for the purpose of being included in the electoral rolls of a constituency. Who is 'ordinarily resident'? The electoral rolls are prepared by the EC as per the provisions of the Representation of the People Act, 1950 (RP Act). Section 19 of the RP Act requires that a person is 'ordinarily resident' in a constituency for inclusion in its electoral roll. Section 20 provides the meaning of the term 'ordinarily resident'. It specifies that a person shall not be deemed to be 'ordinarily resident' in a constituency only because he/she owns or possesses a dwelling house therein. However, a person temporarily absent from his/her place of residence shall continue to be 'ordinarily resident' therein. Persons who are (a) members of armed forces of the Union, (b) armed police force of a State serving outside that State, (c) employed by the Government of India in a post outside India or (d) holding a constitutional office declared by the President in consultation with the EC are considered, along with their spouse, to be 'ordinarily resident' in the constituency where they would have been 'ordinarily resident' but for such posting. Section 20A was added in 2010 to enable non-resident Indians who have shifted out of India, even for long term, to register and vote in the constituency in which their address as per passport is located. The Registration of Electors Rules, 1960 (RER), notified by the Central government in consultation with the EC, governs the preparation of, and inclusion/exclusion of names in the electoral rolls as per the provisions of the RP Act. What are potential issues? The requirement of being 'ordinarily resident' for inclusion in the electoral roll of a constituency is to ensure that the voter maintains real ties with the constituency that preserves representative accountability. It is also aimed at preventing fraudulent registrations. The Gauhati High Court in the Manmohan Singh case (1999), indicated that the term 'ordinarily resident' shall mean a habitual resident of that place. It must be permanent in character and not temporary or casual. It must be a place where the person has the intention to dwell permanently. A reasonable man must accept him/her as a resident of that place. The issue arises when it comes to migrant labourers. The Periodic Labour Force Survey of 2020-21 estimated that around 11% of our population migrated due to employment related reasons. This translates to close to 15 crore voters being migrant labourers within or outside their States. Some of these migrations are seasonal in nature where the labourers return to their ordinary residence for some months of a year. Many migrant construction and security workers live in temporary shacks/residences at their place of work. They move from one location to another, within a State or even in different States, as part of their work. They return to the ordinary residence in their home State at regular intervals. They exercise their right to vote in that place where their families and children live and where their properties exist. While they may not be residing permanently in such residence, the philosophy behind being 'ordinarily resident' as opined by the courts is broadly fulfilled with respect to that residence for such migrant workers. Any migrant has the right to shift his/her vote to their new place of residence anywhere in India if they so desire. However, removal of migrant voters from the electoral roll of their original residence by following a strict interpretation of the term 'ordinarily resident' can vitiate the democratic process. It may result in their disenfranchisement as most of them would not be keen, and neither welcome, to register as voters in their temporary place of work. What can be the way forward? The RP Act provides the option to service voters, persons holding a declared office and NRIs to retain the vote in their constituency even though they may not be permanently residing in such place. While it may not be an apple-to-apple comparison, it must be noted that most labourers, short-term or long-term, migrate on account of lack of opportunities in their region. They continue to have close connections with their original residence and choose to retain their right to vote in such constituency. The RP Act or the RER may be suitably amended to preserve the choice of migrant labourers. Suitable mechanisms, acceptable to all stakeholders, to enable participation of migrant labourers in the elections should be explored. The issue of migrants enrolling more than once in different constituencies should be addressed separately through Aadhaar seeding. Rangarajan. R is a former IAS officer and author of 'Courseware on Polity Simplified'. He currently trains at Officers IAS Academy. Views expressed are personal.
News18
08-07-2025
- News18
'Bomb On Flight' Note Found In Indigo Plane Toilet, Hunt On For Suspicious Passenger
Last Updated: A tissue with 'bomb on flight' written on it was found, prompting a full security check. No threat was found, and the Delhi-bound flight took off two hours behind schedule A bomb threat scribbled on a tissue paper found in the toilet of an IndiGo flight from Hyderabad to Mohali has triggered a full-scale aviation security investigation. Authorities are scanning CCTV footage and passenger records to identify the person behind the scare. The incident is linked to Indigo airlines flight number 6E-108, which operates between Hyderabad and Mohali. On July 5, the flight landed at Mohali International Airport at 11:58 am, carrying 220 passengers and five cabin crew members. Following the passengers' disembarkation, cleaning of the plane commenced. During this process, a tissue paper with a frightening message was discovered in the plane's toilet. According to a senior officer associated with airport security, the tissue paper had 'bomb in flight" written on it. The Bomb Threat Assessment Committee was immediately informed, following standard protocol. The plane was scheduled to depart for Delhi at 12:45 pm, prompting a thorough search. No objectionable items were found, and the aircraft was cleared for takeoff at around 2:45 pm, approximately two hours behind schedule. In response to the incident, the airport police registered an FIR based on the complaint of Indigo's security manager, Manmohan Singh. The FIR was filed under Sections 351, 324 (5), 217, and 3 A (2) of the Bharatiya Nyaya Sanhita. Concurrently, the airport police have requested a list of all passengers who travelled on flight 6E-108 on July 5 and sought relevant footage from the Airport Authority of India (AAI). Investigators suspect that one of the passengers is responsible for the act and are also exploring the possibility of group bookings with only one passenger actually flying. First Published: July 08, 2025, 15:40 IST
