Latest news with #TIL
Economic Times
13 hours ago
- Business
- Economic Times
Finance ministry's expenditure finance committee to take up ₹2,250-cr export promotion mission
Synopsis The Finance Ministry will soon consider a proposal from the Commerce Ministry. The proposal involves setting up a ₹2,250 crore export promotion mission. This mission aims to boost exports. It will likely include credit schemes for MSMEs and e-commerce exporters. Overseas warehousing and global branding are also planned. This initiative is crucial due to US tariffs on Indian goods. TIL Creatives Representative Image New Delhi: The finance ministry's expenditure finance committee will soon discuss the commerce and industry ministry's proposal to set up a ₹2,250 crore export promotion mission, an official said on Wednesday. The EFC is tasked with reviewing and approving spending proposals. The government had on February 1 announced the setting up of the mission. It is likely to include easy credit schemes for MSMEs and e-commerce exporters, facilitation of overseas warehousing, and global branding initiatives to tap emerging export opportunities."The committee, under the finance ministry, will soon take up the proposal. After its approval, it will go to the Cabinet," the official said. The aim to grow exports has gained criticality with the US announcing steep 50% tariffs on Indian imports. The commerce and industry ministry has since held several stakeholder meetings to understand the challenges being faced by exporters due to the high US tariffs. Sectors like textiles, chemicals, leather goods, and footwear are expected to be the hardest hit.
Economic Times
13 hours ago
- Business
- Economic Times
Tesco to set up distribution centre in Karnataka, create 15,000 jobs: Industries Minister MB Patil
Synopsis Tesco is set to establish a new distribution center in Karnataka, generating 15,000 jobs, while Rolls-Royce considers further investments in the state. This development follows the India-UK Free Trade Agreement, poised to significantly increase bilateral trade. The agreement is expected to boost commerce and benefit consumers and industries in both the United Kingdom and India. TIL Creatives Representative Image United Kingdom-based retail major Tesco will open a new distribution centre in Karnataka, creating 15,000 jobs, state's Large and Medium Industries Minister MB Patil said on Tuesday. UK engineering giant Rolls-Royce is also exploring fresh investments in the state, the minister added, assuring that the government will fast-track clearances for these projects. Patil was speaking at a reception hosted by the British Deputy High Commission to mark the signing of the India-UK Free Trade Agreement (FTA). He said the pact is expected to boost bilateral trade by £25 billion annually and nearly double it to £90 billion by 2030, enabling duty-free access for 99% of Indian exports to the UK and 90% of UK exports to India."This would mean more affordable products, greater market access for businesses, and a surge in commerce benefiting consumers and industries in both countries," Patil said. The minister added that other British firms such as BAE Systems, ARM, HSBC and Aviva already have a significant presence in Karnataka, employing about 30,000 people. Patil invited UK-based firms to leverage the state's technology capabilities, robust infrastructure, and industry-friendly ecosystem.
Economic Times
3 days ago
- Science
- Economic Times
Mystery of Bermuda Triangle, where 50 ships or 20 planes have disappeared, solved!
Synopsis While the Bermuda Triangle's mysteries are often attributed to the supernatural, the Bass Strait Triangle presents its own series of unexplained disappearances. From the 18th century to the present day, ships, planes, and people have vanished in this treacherous stretch of water between Australia and Tasmania. Despite theories, experts often cite natural hazards and volatile weather as the primary causes. TIL Creatives AI-generated image for representative purpose For decades, tales of the Bermuda Triangle—a region roughly bounded by Florida, Bermuda, and the Greater Antilles—have fueled stories of supernatural forces swallowing ships and planes. More than 50 vessels and 20 aircraft have vanished there in the past century, sparking theories about sea monsters, alien abductions, and the lost city of Atlantis. But now an Australian scientist may have solved that puzzle. According to AOL, Australian scientist Karl Kruszelnicki says the real explanation is far less mysterious: statistics, bad weather, and human error. His theory is backed by the U.S. National Oceanic and Atmospheric Administration (NOAA), Lloyd's of London, and the U.S. Coast Guard. 'There is no evidence that mysterious disappearances occur with any greater frequency in the Bermuda Triangle than in any other large, well-traveled area of the ocean,' NOAA stated in 2010. Kruszelnicki has been making the same case since 2017, noting that the sheer volume of traffic—combined with tricky navigation—means incidents happen at a normal rate on a percentage basis. Lloyd's of London has held this view since the 1970s. NOAA adds that environmental factors explain most cases: the Gulf Stream's sudden weather shifts, the maze of Caribbean islands complicating navigation, and rare magnetic anomalies that can confuse compasses. Even high-profile disappearances, like the 1945 loss of Flight 19—five U.S. Navy bombers—can be attributed to poor weather, navigational mistakes, or both. Still, conspiracy theories endure in books, TV shows, and films—because sea monsters and lost civilizations make for better entertainment than math and Bass Strait Triangle, a stretch of treacherous water between mainland Australia and Tasmania, has a long history of strange vanishings. The most famous is the 1978 disappearance of 20-year-old pilot Frederick Valentich. Flying a Cessna 182L from Moorabbin, Victoria, to King Island, Valentich reported a 'strange, metallic object' hovering above him before losing radio contact. Neither he nor his plane was ever years earlier, in 1973, the freighter MV Blythe Star vanished without warning. While some crew survived a harrowing ordeal and fragments of the ship were later found, the mystery surrounding its disappearance only deepened the Strait's eerie notable incidents include:1797 – The Sloop ElizaVanished while salvaging cargo from the wrecked Sydney Cove in the Furneaux Group—the first recorded disappearance in the Strait.1838–1840 – A String of Lost VesselsAt least seven ships bound for Melbourne disappeared with all hands; wreckage from only three was ever found.1858 – HMS SapphoA British warship carrying over 100 crew disappeared without leaving identifiable wreckage.1901 – SS FederalLost while carrying coal; its wreck was only discovered in 2019.1906 – SS Ferdinand FischerA German cargo vessel vanished without trace.1920 – Twin DisappearancesThe schooner Amelia J went missing on 10 September. While searching for her, the barquentine Southern Cross and a military aircraft also disappeared. Only Southern Cross wreckage was recovered.1934 – Miss Hobart AirlinerA De Havilland Express vanished soon after entering service; only small debris washed ashore.1935 – Loina CrashAnother Holyman airliner crashed near Flinders Island. All five aboard were lost, and no bodies recovered.1940s – WWII Aircraft LossesSeveral RAAF Bristol Beaufort bombers disappeared during training, likely due to inexperience and risky low-altitude flying.1972 – Brenda Hean & Max PriceThe pair vanished in a Tiger Moth while on an environmental protest flight from Tasmania to Canberra. Sabotage was suspected but unproven.1979 – Yacht CharlestonDisappeared en route to join the Sydney–Hobart Yacht Race, leaving no the legends, experts often point to natural hazards—swiftly changing wind patterns near Flinders and King Islands, shallow waters, and volatile weather—as the likely causes behind many of these Latest CaseOn August 7, 2025, 72-year-old Gregory Vaughan and 66-year-old Kim Worner vanished after taking off from George Town, Tasmania, in a light sport aircraft bound for Hillston, New South Wales. The plane never arrived. Police have found no evidence of foul play but face the same unpredictable weather that has plagued countless search efforts in the Bass Strait.
Economic Times
4 days ago
- Economic Times
After Embassy scam, a fake ‘International Police' station busted in Noida; Here's how six men used fake seals, IDs to collect donations
Synopsis In Noida, police arrested six individuals from West Bengal. They operated a fraudulent office in Sector 70. The group impersonated international police and government officials. They extorted money using fake documents and logos. Authorities seized mobile phones, seals, cheque books, and cash. A case has been registered against them under relevant laws. Further investigation is underway to uncover more details. TIL Creatives Six men from West Bengal were arrested in Noida on Sunday for allegedly running a fake office and posing as members of the international police and other organisations, officials said. According to police, the accused also pretended to be government officials and used an office logo to influence locals. They had recently rented premises in Sector 70, Central Noida, to operate their racket. The fraud came to light following a police investigation, leading to the arrest of all six suspects, Deputy Commissioner of Police (Central Noida) Shakti Mohan Awasthy said."They used to extort money from people by showing fake documents and logos. They also pretended as government officials to impress people," the officer added. "The arrested accused made a rent agreement on June 4 and were operating the office for the last 15 days. They also had a website -- -- and took donations. Further investigation is on," he said. The accused have been identified as Vibhash Chandra Adhikari (27), an arts graduate, Aragya Adhikari (26), a law graduate, Pintu Pal (27), Samapdal (25), Babul Chandra Mandal (27), Ashish Kumar (57) -- all Class-12 pass. While the first four are residents of West Bengal's Birbhum district, Mandal and Kumar are residents of 24 Parganas and Kolkata respectively, police said. Police have seized nine mobile phones, 17 stamp seals, six cheque books, nine identity cards, a PAN card, a voter card, six ATM cards, three types of visiting cards, certificates recognised by ministries and a CPU. Four boards of the "International Police and Crime Investigation Bureau", Rs 42,300 in cash and other documents were also seized from the possession of the accused. A case has been registered under the relevant sections of the Bharatiya Nyaya Sanhita (BNS), Information Technology Act and Emblems and Names (Prevention of Improper Use) Act at the Phase 3 police station in Central Noida.
Time of India
4 days ago
- General
- Time of India
Student suicides are surging in India: Here's how to fix it
Career confusion is making students depressed: Here's how to change that (Image: TIL) Every hour, a student in India dies by suicide. Last year alone, over 13,000 students took their own lives, more than farmers and salaried professionals combined. What's worse, the rate of student suicides is rising faster than the national average: 4% each year for the last decade. Among female students, the numbers are even more alarming, with a 61% increase over the past 10 years. T he Supreme Court's recent ruling on student suicides is a watershed moment. By affirming mental well-being as a fundamental part of the Right to Life, the Court has directed all educational institutions, including schools, colleges and coaching centres, to implement structured mental health support systems. This verdict reflects a hard truth: performance pressure, lack of guidance and emotional isolation are breaking students down long before they reach adulthood. The gap between expectations and real preparedness is becoming a silent crisis. When there is no fallback, anxiety can spiral into tragedy. Performance pressure is crushing students: Can schools be their safe space? Many students today are navigating quiet challenges such as academic stress, social expectations and uncertainty about the future but one of the most overlooked issues is misalignment. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Use an AI Writing Tool That Actually Understands Your Voice Grammarly Install Now Undo With limited awareness of the full range of career and educational pathways, students often find themselves choosing options that don't match their aptitudes or interests. In an interview with TOI, Ganesh Kohli, Founder of IC3 Movement, opined, "Financial uncertainty adds to the pressure, especially for parents who carry the weight of expectation and decision-making. Schools must recognise that addressing these needs is not an extra layer of support; it's central to a student's growth." Students are dying with degrees because no one showed them a real path (Image: TOI) Guidance must be built into the fabric of school life. Ganesh Kohli suggested, "Support systems should be internal, intentional and experienced daily and not something that students seek in moments of crisis but something they grow up with. Every educator can be a first-line counsellor." Early signs of distress are subtle but when the entire adult community in a school is trained to notice and intervene, students begin to trust the system and open up before things reach a breaking point. Career guidance is equally vital. Ganesh Kohli revealed, "Many students disengage from learning simply because they don't see how it connects to their lives. They're told it will matter in ten years, but what they want is relevance today. We call this the 'Harry Potter Effect'—when learning feels like part of a larger story, students find meaning. When teachers ask, 'Who will use this? Where will it be used? How does this matter today?', education becomes immediate and alive. " Mental health and career clarity are not separate agendas. They are inherent to education. When schools, parents and universities work together, we create environments where students are not just prepared for exams but prepared for life. Bringing his expertise to the same, Sripal Jain, CA/US CPA, Co-Founder of Simandhar Education, said, "In the world of global finance and accounting, opportunity often depends on access to information, to mentors, and to mental clarity but too many students face quiet battles: financial stress at home, pressure to succeed and no roadmap to a meaningful career. Most haven't even heard of global qualifications like the US CPA or CMA because these options are rarely discussed in schools or commerce classrooms. " Schools teach everything but this and it's destroying student futures That's a systemic gap. Schools can't fix everything but they can become safe launchpads. Sripal Jain asserted, "Mental health support and real-world career exposure must be part of the system, not afterthoughts. When a student from a small town sees how a globally respected course like CPA can create a high-ROI career without expensive foreign degrees, they start to believe that financial limitations don't have to define their future. " Most teens don't know what CPA or CMA is and that is a systemic failure (Image: cottonbro studio on Pexels) Finance and accounting today are global professions, borderless, tech-driven and evolving fast but our career guidance is still stuck in silos. Even within the commerce industry, most students and teachers are unaware of qualifications like CPA or CMA, simply because they were never introduced to them. Sripal Jain shared, "I've seen talented students hesitate because no one showed them what's possible. Parents push for job security, schools focus on exams and universities talk only at the admission stage. We need a new model where all three come together early to help students discover global pathways like CPA, CMA, or ESG accounting. When a 17-year-old understands that finance isn't just about numbers, but about solving real problems for companies around the world, their confidence changes. Career clarity shouldn't come by accident. It should be built together." What we teach and more importantly, how we teach it has the power to shape not just minds but lives. Curriculum cannot be limited to textbooks and tests. It must give students the space to build confidence, emotional strength and a real sense of agency. Syed Sultan Ahmed, Chairperson at TAISI (The Association of International Schools of India) and Advisor at WACE (Western Australian Certificate of Education) India, said, "Mental health and career readiness aren't one-off activities; they need to be woven into the very fabric of school life. This is where curriculum frameworks need to evolve." Encourage students to question, explore and draw from real experiences, skills that are invaluable, especially for those dealing with emotional or social challenges but let's be clear: curriculum alone won't transform schools. Syed Sultan Ahmed recommended, "We need school leadership that cultivates a culture of care, not just compliance. Teachers must be trained to spot early signs of distress. Counsellors should be at the heart of the system, not on the periphery and school policies must reflect a commitment to equity, so that no child falls through the cracks. " The goal is not to lower standards. It is to elevate an understanding of what students are truly going through because a school must be more than a place of learning, it must be a place where every child feels seen, supported and safe.
