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Economic Times
41 minutes ago
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- Economic Times
BEML shares trade 2% higher on stock split hopes ahead of board meet
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Economic Times
an hour ago
- Business
- Economic Times
New Zealand aims to double international education market by 2034
New Zealand plans to double its international education market by 2034 by offering incentives that include relaxing rules around foreign students working part-time while studying, the government said on Monday. Education Minister Erica Stanford said in a statement that with international student enrolments steadily increasing since 2023, the government wants to "supercharge that growth track" to reach NZ$7.2 billion ($4.32 billion) by 2034. The announcement comes as wildly popular international student destinations Australia and the United States look to reduce foreign students, with universities in competing markets vying to capitalise on those restrictions. "In the short term, Education New Zealand will focus its promotional efforts on markets with the highest potential for growth," Stanford added. New Zealand's international education market is currently worth NZ$3.6 billion to the economy and the government. The government wants to see international student enrolments grow from 83,700 in 2024 to 105,000 in 2027 and 119,000 by 2034 and double its value to the economy. To encourage more foreign students to come to New Zealand, the government plans to increase the part-time work hours for eligible international students from 20 to 25, as well as extending eligibility for work rights to all tertiary students in approved exchange or study abroad programmes. U.S. President Donald Trump's administration has curbed visas for foreign students, especially those from China. In May, the White House revoked Harvard University's ability to enrol foreign students, a move later blocked by a federal judge. Australia's government capped the enrolment number of new international students to 270,000 for 2025, in an effort to rein in record migration that has contributed to a spike in home rental prices. For New Zealand, which has struggled with soft growth, the move is the latest in a spate of measures to improve an ailing economy, following changes to visa settings to encourage digital nomads and attract foreign investment.
Economic Times
an hour ago
- Business
- Economic Times
Stocks For Today: നേട്ടത്തിന് 9 ഓഹരികള് നിര്ദേശിച്ച് വിദഗ്ധര്; പ്രധാന ലെവലുകളും പാദഫലങ്ങളും
The Economic Times Malayalam stocks for today 9 shares sensex nifty levels and quarterly results 14 july 2025
Economic Times
an hour ago
- Business
- Economic Times
Americans to receive $1,702 from July 17; Check Alaska Permanent Fund eligibility and how to claim
Good news for Alaskans. Residents will soon receive a $1,702 payment. This is part of the state's Permanent Fund Dividend program. Distribution starts July 17, 2025. The amount includes an energy relief bonus. It aims to help with high oil prices. The Alaska Permanent Fund shares oil revenues with residents. This year's payment sees a 30 percent increase from 2023. Tired of too many ads? Remove Ads A $1,440 annual dividend, and A $262 energy relief bonus is due to elevated oil prices. Tired of too many ads? Remove Ads Eligibility requirements Applicants must have lived in Alaska for the full 2023 calendar year. They must not have claimed residency in another state or country or received residency-based benefits elsewhere since December 31, 2023. Applicants must not have been convicted or incarcerated for a felony or certain misdemeanors during the eligibility period. Residents must not have been absent from Alaska for more than 180 days in 2023, with some exceptions. Tired of too many ads? Remove Ads The Magnolia Mother's Trust (Mississippi): Provides $1,000 per month for 12 months to low-income Black mothers, the longest-running guaranteed income program in the US. Abundant Birth Project (California): Offers pregnant people of color in San Francisco up to $1,000 monthly for 12-18 months to improve maternal and child health. Hundreds of thousands of Alaskans will receive $1,702 stimulus-style payments in the coming days as part of the state's Permanent Fund Dividend (PFD) payments will be distributed starting July 17, 2025, to applicants with an 'Eligible-Not Paid' status as of July 9, according to the official PFD Division. A second payment round is scheduled for August 21 for applications that qualify by August amount of the dividend varies each year based on factors such as oil prices and the fund's investment $1,702 payment includes:The Alaska Permanent Fund was established in 1976 to share state oil revenues with residents. Since the early 1980s, the fund's earnings have been distributed annually to eligible residents through the PFD year's payment marks a 30 percent increase from the $1,312 check issued in qualify for the 2024 payment:The application deadline for the 2024 dividend closed on March 31. Applications for the 2026 dividend will open between January 1 and March 31, 600,000 Alaskans receive the dividend each year. The payments are intended to support residents with basic needs, especially during times of economic hardship or high utility use the funds to cover heating costs during Alaska's long the federal government ended its pandemic-era stimulus checks, Alaska's PFD remains a rare form of recurring direct cash check payment status, residents can visit and log in via MyAlaska.A stimulus check is a direct payment from the government to individuals, designed to boost spending and provide financial relief, especially during economic downturns or Alaska's Permanent Fund Dividend is unique for being statewide and funded by natural resources, similar local programs include:Stimulus checks are usually targeted at low- to middle-income individuals and families, although eligibility can vary based on income, residency, and tax filings.
Economic Times
an hour ago
- Business
- Economic Times
Weak dollar trend may favor emerging markets amid US deficit concerns: Seth R Freeman
It is still a little early to see what the total reaction is to that, but I do not see any drivers for the dollar to have some significant rise and it does look like emerging markets may be a modest beneficiary of this. Seth R Freeman discusses the negative impact of tariffs on Mexico and Europe, highlighting the uncertainty it creates for businesses. Despite tepid market reactions, Freeman suggests lower trading volumes due to summertime may be a factor. He believes gold's rally is tied to geopolitical issues, not tariffs, and anticipates strong earnings in healthcare and travel sectors. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads "We are just going to have to see how that plays out. It is still a little early to see what the total reaction is to that, but I do not see any drivers for the dollar to have some significant rise and it does look like emerging markets may be a modest beneficiary of this," says Seth R Freeman Well, it must be very tough for both Mexico and Europe because in many ways they have been trying to be responsive to Trump's threats, and I just view it as completely negative. We do, in particular, so much trade with Mexico. Quite a few American cars are actually assembled in Mexico, and it is just completely disruptive. And at the same token, Trump was asked, on Thursday or Friday about the August 1st date, and he says it is flexible. So, it makes it very hard for businesses to plan and for the Fed to read how this contributes to its I was looking, and the futures are just down a bit. I guess maybe the market is feeling a little blasé because of kind of the back and forth about if, how much, and when on the tariffs. Also, though there is an effect when it is summertime and volumes are just basically lower, so that that might be also what we are seeing when the markets open up, the US markets open up tomorrow my time, it might be another gold is not really reacting to tariffs. It was reacting to pretty severe geopolitical things going on beginning a month ago. And for that reason, maybe gold will settle down a bit. But it is still not over in the Middle East, for example, so that is where gold may have some more room to go with the reduction in in Medicaid reimbursements from the Trump policies, I still think healthcare is going to be a strong sector, and we are going to see some real upside in the travel and hospitality area. Americans are traveling at higher rates than ever and that is going to translate into some good reports from the hospitality is possible after people really begin to understand the impact of the big beautiful bill that they will be increasingly concerned about deficits here in the US and that would be negative for the dollar. But we are just going to have to see how that plays out. It is still a little early to see what the total reaction is to that, but I do not see any drivers for the dollar to have some significant rise and it does look like emerging markets may be a modest beneficiary of this.
