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Lakhs of MBA aspirants across the Gujrat state are in a quandary, thanks to the lack of clarity on whether they will have to take Gujarat Common Entrance Test (GCET) or the all-India common management aptitude test made compulsory by the All India Council for Technical Education (AICTE). The state education department has not yet […]

Increase in equated monthly installments (EMIs) due to rising interest rates and reset of teaser loans will put additional annual burden of about Rs 6,000 crore on home loan borrowers. According to a report by Crisil, higher EMIs and slowdown in economic growth would also increase bad loans for lenders. In view of the persistently […]

Six leading bankers say the overall mood on economic growth is fairly bright, but the early signs of stress can’t be ignored. ON RATE HIKES. WILL THEY BE PASSED ON? Pratip ChaudhuriPratip Chaudhuri: Any hike by the Reserve Bank of India has to be passed on because any input prices rise will have to be […]

Indira Gandhi National Open University (IGNOU), School of Foreign Language (SOFL) signed a Memorandum of Understanding (MoU) with the University Honghe (UH) in China to offer degree and diploma courses at university level and post- degree. The focus is on research and development with the use of ICT in education and interactive multimedia distance learning […]

State Bank of India (SBI), the country’s largest lender, is likely to raise Rs 5,000 crore through a rights issue of shares by December, a move expected to shore up the bank’s Tier-I capital to above eight per cent for the current financial year. The government is likely to subscribe its share fully in cash. […]