The University of Wollongong (UOW) Australia, in collaboration with the NSE Academy launched their new book titled “Introduction to Corporate Finance (sixth edition)” at the National Stock Exchange (NSE) in Mumbai. The book, authored by first year lecturers at UOW campuses in Hong Kong and Dubai, is poised to become a seminal work in understanding the complexities and nuances of the corporate finance landscape.

The book was launched by MD & CEO, NSE Ashishkumar Chauhan, UOW’s Vice-Chancellor and President Professor Patricia M. Davidson, Senior Deputy Vice-Chancellor Alex Frino, and Global Brand Ambassador Adam Gilchrist. The book includes a chapter which details how shares are traded on the National Stock Exchange.  

The book launch took place on the heels of UOW unveiling its India identity at GIFT City, Gujarat, on September 18 (Monday). The University is on track to being one of the first foreign universities to have a teaching base in India, and to hand out Australian degrees to Indian students. 

The event at NSE featured a discussion by Chauhan and Frino on the intriguing subject of the ‘Future of Equities Markets in India’. The highly anticipated talk provided a comprehensive overview of the evolving trends, the formidable challenges, and the abundant opportunities that shape India’s dynamic equities markets landscape. 

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“India has made significant strides in maintaining a regulatory environment that is investor-friendly, a key factor in attracting more foreign investment into our vibrant markets. The ongoing reforms and initiatives, including the establishment of the GIFT City as a financial hub and IFSCA (GIFT City regulator), exemplify our commitment to nurturing global partnerships and welcoming foreign institutions, such as the University of Wollongong, to have a physical presence in India. It is an exciting time for India, and we are dedicated to embracing innovation, facilitating market integration with the global arena, and ensuring a prosperous future for both our domestic and international stakeholders,” said Ashishkumar Chauhan, MD & CEO, NSE. 

“India’s remarkable rise in fintech and technological advancements in recent years, coupled with the surge in digital consumption, presents an ideal environment for international businesses to thrive. UOW’s physical presence in India signifies more than just a strategic move; it represents our commitment to fostering deeper research engagements with our Indian partners, resulting in impactful global outcomes. Our presence in India allows us to provide world-class education, nurturing India’s young population and contributing to their holistic development. It also aligns with our vision to expand our international footprint, strengthening our global network and creating a bridge for knowledge exchange,” added Professor Frino from UOW. 

On the occasion of the book launch, UOW Global Brand Ambassador and cricketing legend Adam Gilchrist interacted with the delegation from NSE and key Australian government officials and rang the ceremonial bell, signifying stronger Australia – India relations in trade, research and education partnerships.

The University, which has a strong global presence, has been successfully operating campuses in Australia, Dubai, Malaysia and Hong Kong. It will commence its India operations in 2024 with a Graduate Certificate in Computing and a Masters in Computing (Data Analytics), followed by other undergraduate programs. UOW already has close ties with over 30 Indian universities for research and educational collaborations in the areas of software development, advanced medicine solutions, molecular and life sciences, advanced manufacturing, cybersecurity and mining technologies.

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New Delhi, September 21, 2023 – The National Testing Agency (NTA) has made a significant announcement, stating its readiness to conduct the Common Law Admission Test (CLAT) in a variety of regional languages, potentially as early as 2024. This move aims to make CLAT, a crucial examination for law aspirants, more accessible to students across India. However, the final decision rests with the Consortium of National Law Universities (NLUs), the current organizers of CLAT.

In response to a petition presented before the Delhi High Court, NTA revealed its willingness to conduct CLAT in languages such as Assamese, Bengali, Gujarati, Hindi, Kannada, Malayalam, Marathi, Odia, Punjabi, Tamil, Telugu, and Urdu. This initiative could revolutionize the accessibility of legal education by breaking down language barriers.

The NTA further stated its readiness to administer CLAT in Computer Based Test (CBT) mode, similar to other major entrance exams such as JEE and CUET. If approved, the CLAT (UG)-2024 could potentially be held in the third or fourth week of January 2024, taking into consideration the necessary preparations.

This move has garnered widespread support from students and educationists who believe it will foster inclusivity and democratize access to legal education. Advocates argue that conducting CLAT in regional languages aligns with India’s emphasis on mother tongue-based education, as recommended by the 2020 Education Policy and the 2009 Right to Education Act.

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Despite the enthusiasm surrounding this decision, there are valid concerns regarding the feasibility and cost implications. Ensuring accurate translation and equal access to exam materials for all students will be paramount. Additionally, coordinating the logistics of conducting CLAT in multiple languages will be a complex endeavor.

CLAT, which is presently conducted solely in English, has faced criticism for allegedly discriminating against students with regional language backgrounds, potentially violating constitutional articles 14 and 29(2). This development holds the potential to bring about a transformative change in the way aspiring lawyers across India prepare for their legal careers.

As the legal fraternity awaits the final decision by the Consortium of National Law Universities, the prospect of CLAT being conducted in regional languages has ignited hope for a more inclusive legal education landscape while also presenting a set of logistical and financial challenges that must be thoughtfully addressed.

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A high-level academic consultation was held in Gujarat on Wednesday to explore the potential of Transnational Education (TNE) partnerships between the UK and Gujarat higher education institutions (HEIs). The event was organised by the Department of Higher and Technical Education Government of Gujarat and UK in India, which hosted a senior-level higher education delegation from September 18-22. The delegation visited Ahmedabad and met with Gujarat’s Higher and Technical Education Minister Rushikesh Patel.

The consultation aimed to promote internationalisation and support institutions on both sides to develop shared understanding and collaboration opportunities. The delegation included vice chancellors of various UK universities and bodies, who discussed the latest trends and opportunities in the field of education, such as the implementation of the National Education Policy (NEP) and the scope of joint venture with new technology.

Minister Rushikesh Patel welcomed the delegation and briefed them about the research and innovation opportunities in Gujarat, the work being done in Gujarat in terms of Student Startup Innovation Policy (SSIP) and start-ups, and the recent Gujarat Public Universities Act passed by the Gujarat Legislative Assembly. He also congratulated Alison Barrett MBE, Director of British Council India, for the trust and collaboration that exists between the UK and Gujarat higher education systems.

Barrett said, “We are delighted to be in Gujarat with a large delegation of UK universities and bodies to discuss partnership opportunities institutions in the State and those in the UK, showcasing the trust and collaboration that exists between our higher education systems. Institutions from the state and the UK are already working together, and we are confident that our discussions will pave the way for even more mutually beneficial initiatives. This is a moment to celebrate the deep and extensive links that exist between our universities and the numerous opportunities for collaboration and internationalisation.”

The meeting also focused on how to make Gujarat’s universities world class with the implementation of the Gujarat Public Universities Act, to strengthen the education system of Gujarat in the field of National Institutional Ranking Framework (NIRF) and Indian Council for Cultural Relations (ICCR) through SSIP, and to mark Gujarat on the international stage through various provisions of NEP. The Minister said that Indo-UK relations will continue to be important in capacity building of the state’s higher education system. (ANI)

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The Maharashtra government has announced a new scheme on September 19 that will allow private entities with a SEBI registered CSR certificate to adopt government schools in the state. The scheme, called Adopt a School, aims to improve the quality of education and infrastructure in these schools, irrespective of their medium of instruction.

The scheme will be implemented in phases across the state and the period of adoption will be either five or ten years. The private entities can also choose to add their name to the existing name of the school for the duration of the adoption.

The government has fixed the adoption fee at Rs 2 crore for five years and Rs 3 crore for ten years for schools located in A and B category municipal corporations, such as Mumbai and Pune. The fee will be used for enhancing the facilities, curriculum, teaching methods, and learning outcomes of the students. The private entities will also have to provide regular feedback and reports to the government on the progress of the schools.

The scheme is part of the government’s efforts to achieve the goals set by the National Education Policy 2020, which envisages a holistic and multidisciplinary education system in India. The scheme will also create a platform for collaboration and innovation between the public and private sectors in the field of education.

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Gurukul The School of Ghaziabad hosted a thought-provoking event, the inaugural session of the ‘Think Series,’ on September 18th, 2023. The event aimed to delve into the intricacies of the New Education Policy and National Curriculum Framework 2020 and explore their relevance in contemporary times. Distinguished guests, education experts, students, and educators gathered to engage in insightful discussions.

Among the esteemed guests were Ms. Anita Karwal, former Secretary of the Department of School Education and Literacy at the Ministry of Education, Government of India; Mr. Rajneesh Kumar, Director of Capacity Building and Finance at the National e-Governance Division, Digital India Corporation; Ms. Rashi Sharma, Director of Samagra Shiksha, Nipun Bharat, Department of School Education and Literacy, Ministry of Education, Government of India; Shri Ratnesh Kumar Jha, CEO – Asia Pacific, The Burlington Group of Companies; Sachin Vats, Director of Gurukul The School; and Principal Gaurav Bedi. Over 50 students from various reputed schools and more than 100 principals, parents, teachers, and students also participated.

The primary objective of the ‘Think Series’ was to provide a common platform for policymakers, principals, teachers, parents, and students to engage in a comprehensive dialogue about how the new education policy can contribute to the holistic development of the younger generation.

During the event, a noteworthy book titled ‘Power of Curiosity’ was unveiled. This book, a collaborative effort by eminent educationists Anita Karwal, Rajneesh Kumar, and Rashi Sharma, delves into innovative and non-traditional methods to make the learning process engaging and effective. It emphasizes that education should extend beyond the confines of the classroom.

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The panel discussion addressed queries and concerns from parents, teachers, and students, with education experts providing valuable insights. Ms. Anita Karwal, a keynote speaker, underscored the significance of the New Education Policy and National Curriculum Framework-2020, commending the enthusiasm of Gurukul The School’s Director and Principal for organizing the ‘Think Series.’

The event at Gurukul The School served as a crucial platform for fostering meaningful conversations about the future of education, with a focus on the holistic growth of the next generation in India.

Dr. Joseph Emmanuel, Director Academics of Central Board of Secondary Education (CBSE), delivered an insightful online session on the National Education Policy 2020, its impact, its implementation and the way forward on Friday, September 15, 2023. 

A strong proponent of NEP and competency-focused education, Dr. Emmanuel addressed over a thousand educators from schools across India in a highly informative session facilitated by Saamarthya Teachers Training Academy of Research (STTAR).

Laying out the vision of NEP at the outset, he said, “Basically, the NEP focusses on four major areas: Equity, Excellence, Inclusivity and Access. After the launch of NEP, the Indian education system has seen two NCFs – the National Curriculum Framework for Foundational Stage and the National Curriculum Framework for School Education. These two curricula are aimed at taking ahead the implementation of NEP in a synchronized manner and it should be the aim of all institutions to provide quality education to all children.”

Dr. Emmanuel highlighted the major areas of focus for NEP and emphasized the need for a shift to competency-focused teaching and learning, transforming assessments, tracking student progress across school years, holistic development of each child, and standard setting and accreditation. 

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“Competency focused education is a major area in which CBSE has been working. It involves curricular interventions, pedagogical interventions, assessment reforms, student enrichment activities and development of resource material and capacity building of teachers,” Dr. Emmanuel said.

As teachers were the predominant audience of the session, Dr. Emmanuel shared a good number of references to resource material for teachers of all grades and domains to empower their teaching skills. These included samples of pedagogical processes, blueprints and assessment items and rubrics. He strongly advocated the implementation of experiential learning pedagogies like art and sports integrated learning, storytelling, toy-based learning. “Education has to be child-centric and inclusive to ensure individual development. An enabling environment for competency-focussed education can be created through transformation in content, pedagogy, assessments and capacity building,” he said. He spoke of SAFAL as an upcoming platform to assess key competencies in students. He stressed upon need to strengthen School Quality Assessment and Assurance (SQAA), as envisioned in NEP, through a framework comprising seven key domains. 

Dr. Emmanuel has an experience of 30 years in the field of education. He is leading the implementation of NEP in CBSE schools across India. 

The session was managed by STTAR which is a premier teachers training academy with expertise in professional development of educators, curriculum development, research, and school enrichment. 

Sushma Raturi, member secretary of STTAR, who hosted the session, said the address by Dr. Joseph Emmanuel is an attempt to educate and create widespread awareness about the implementation of NEP 2020. In fact, some of STTAR’s upcoming programmes are deeply aligned with the vision of NEP, including a three-day programme on ‘Early Childhood Education As Envisioned in NEP’ in September and a National Teachers’ Olympiad to provide teachers a country-wide platform to test their competence and have a roadmap for professional development. The Olympiad will be held in December, 2023.

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New Delhi, India– In a bid to entice Indian students to pursue higher education opportunities in France, the French Institute in India, in collaboration with Campus France India, is set to organize the ‘Choose France Tour 2023’ education fairs. The fairs are scheduled to take place from October 8 to 15, 2023, in four prominent Indian cities: Chennai, Kolkata, New Delhi, and Mumbai.

These events will offer a unique chance for Indian students to interact directly with top French institutes and universities. Campus France India’s website highlighted the significance of these individual meetings, where attendees can present their CVs and receive valuable guidance on the application process for the upcoming academic year.

‘Choose France Tour 2023’ Schedule:

• October 8: Hyatt Regency, Chennai, from 2 PM to 6 PM
• October 11: ITC Royal Bengal, Kolkata, from 2 PM to 7 PM
• October 13: Hyatt Regency, New Delhi, from 2 PM to 6 PM
• October 15: Taj Mahal Palace, Mumbai, from 11 AM to 4 PM

More than 40 leading universities are expected to participate in these fairs, providing students with insights into various prospects, including scholarships and beyond. The participating institutions encompass a diverse range, including management and engineering schools, public universities, and specialized institutions focusing on hospitality and the arts.

The French Embassy expressed enthusiasm about the upcoming fairs, stating, “It will provide an excellent opportunity for Indian students and their parents to interact with the representatives of more than 40 French higher education institutions present at the fair, and explore a wide range of study options,” as reported by PTI.

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Notably, France has set a target to welcome 30,000 Indian students by 2030, an announcement made by President Emmanuel Macron shortly after Prime Minister Narendra Modi’s visit to Paris as the chief guest of France’s National Day. This endeavor aims to bolster academic excellence, strengthen cultural ties, and enhance the enduring friendship between the two nations.

Additionally, France will introduce “international classes,” a specialized program offering comprehensive training in the French language and other academic disciplines for the benefit of students.

During PM Modi’s visit to France in July, it was also revealed that Indian alumni with a French Master’s degree will be eligible for a five-year Schengen circulation visa, providing opportunities for work and professional exploration in France during their two-year post-study work visa period, according to a press release from the French Embassy.

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New Delhi, India – In a groundbreaking move, the All India Council for Technical Education (AICTE) has officially granted accreditation to the Bhartiya Shiksha Board (BSB) as a nationwide school education authority. This accreditation, endorsed by the Union Education Ministry’s higher education department, signifies a significant milestone for the BSB, which was founded in 2019.

The Bhartiya Shiksha Board’s primary mission is to provide students with a well-rounded education that blends traditional Indian knowledge systems with contemporary science and technology. AICTE has issued a directive to all engineering and technical colleges under its purview to recognize BSB as equivalent to other national school boards, such as the Central Board of Secondary Education (CBSE) and the Indian Council of Secondary Education (ICSE).

It’s been said in a notice that the Association of Indian Universities (AIU) has given the same value to Bhartiya Shiksha Board (BSB) as other school boards in India. They’ve confirmed this in a letter dated August 3, 2022, which means BSB’s Grade 10 and Grade 12 exams are equal to those of other Indian school boards. So, people should think of Bhartiya Shiksha Board as a national school board in India.

Reviving Traditional Indian Knowledge Systems

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The Bhartiya Shiksha Board (BSB), co-founded by yoga teacher Ramdev and Patanjali’s Balkrishna, has a lofty goal of reviving India’s traditional knowledge systems by replacing the education policy developed by Thomas Babington Macaulay. The BSB seeks to instill the Bhartiya Gyan Parampara (Indian knowledge tradition) and the Gurukul system, believing that the Macaulay education system, introduced during British colonial rule in the 19th century, is incongruent with Indian culture and values.

BSB’s Innovative Curriculum

The curriculum offered by the Bhartiya Shiksha Board is an innovative fusion of ancient Indian wisdom and contemporary scientific knowledge and technology. Highlights of the curriculum include:

• Promoting respect for India’s diverse multicultural identity through pan-Indian textbooks that integrate regional literature from all states of the nation.
• A strong emphasis on developing STEAM (Science, Technology, English, Arts, and Mathematics) competencies in students.
• Inclusion of subjects such as Computer Programming, Vocational Education and Training, Yoga, Sports, and Fine and Performing Arts Training.
• A focus on skill development in all subjects through the Four-Block learning approach, which includes shared, guided, and independent practice.
• Creation of hybrid textbooks that incorporate integrated digital content accessible via QR codes.

The accreditation of Bhartiya Shiksha Board by AICTE marks a significant step toward reshaping India’s education landscape and reaffirms the commitment to preserving and promoting traditional Indian knowledge systems alongside modern education.

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New Delhi- Prime Minister Narendra Modi is all set to inaugurate all 18 Atal Residential Schools on September 23, 2023, marking a significant milestone in the Yogi Adityanath government’s pro-rural and pro-poor educational initiative.

The official inauguration ceremony will commence from Varanasi, where Prime Minister Modi will formally open the Atal Residential Schools located in all 18 divisional headquarters across the state. This auspicious occasion will include interactive sessions between Prime Minister Modi and students, beginning in Varanasi and extending to other regional headquarters through online connections.

In a statement from the Chief Minister’s Office (CMO), it was revealed, “As part of the Yogi government’s initiative, children embarking on their educational journey in the free government boarding schools, known as Atal Residential Schools, will have the opportunity to interact with Prime Minister Narendra Modi.” The event will also feature a virtual interaction with students from Atal Residential School in Gorakhpur.

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Purpose Behind Atal Residential Schools

The establishment of Atal Residential Schools in all the divisional headquarters of the state is a pioneering initiative by the Yogi government. It aims to provide high-quality residential facilities and free, top-tier education to the children of laborers and destitute families who were adversely affected by the COVID-19 pandemic in the state.

“The establishment of Atal Residential Schools in all the divisional headquarters of the state by the Yogi government is an innovative initiative to provide excellent residential facilities and quality education free of cost to the children of laborers and destitute children due to COVID-19 in the state,” the statement explained.

The schools offer students not only outstanding accommodations and meals but also a plethora of educational opportunities and extracurricular activities. The wholehearted and dedicated participation of students in these activities has been noteworthy.

Ajit Kumar Singh, the Principal of Atal Residential School, emphasized the creation of a welcoming atmosphere for students, extending from the hostel facilities to the school premises.

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The inauguration of the Atal Residential Schools is a significant step towards promoting education in rural areas and empowering underprivileged students with access to quality education and holistic development.

New Delhi– India’s Defence Minister, Rajnath Singh, has given his nod for the establishment of 23 new Sainik Schools in partnership with NGOs, private schools, and state governments. These schools will operate under the aegis of the Sainik Schools Society, adhering to the rules and regulations prescribed by the society.

This significant initiative aligns with Prime Minister Narendra Modi’s vision of enhancing the quality of education and providing better career prospects for students, particularly those aspiring to serve in the armed forces.

The Defence Ministry issued a statement confirming the approval, stating, “The new schools, besides their affiliation to respective education boards, will function under the aegis of the Sainik Schools Society and will follow the rules and regulations for new Sainik Schools in partnership mode prescribed by the Society.”

The government has greenlit the plan to establish 100 new Sainik schools in collaboration with NGOs, private educational institutions, and state governments, implementing it progressively from Class VI onwards. As part of this endeavor, the Sainik Schools Society has entered into a Memorandum of Agreement with 19 new Sainik Schools spread across the country.

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The statement further elaborated, “Following further evaluation of applications for opening new Sainik Schools under the partnership mode, Raksha Mantri Rajnath Singh has approved setting up of 23 new Sainik Schools in partnership mode.” This decision takes the tally of new Sainik Schools under the partnership mode, operating under the purview of the Sainik Schools Society, to 42, in addition to the existing 33 Sainik Schools following the previous pattern.

The overarching objectives of Prime Minister Narendra Modi’s vision for establishing 100 new Sainik Schools are to provide students with quality education aligned with the National Education Policy while offering them enhanced career opportunities, including the option to serve in the armed forces. It also fosters collaboration between the private sector and the government, empowering the nation’s youth to become responsible citizens who contribute to the country’s growth.

In addition to their regular affiliated board curriculum, these Sainik Schools will offer an “Academic Plus” curriculum to students, aligning with the Sainik School pattern.

This initiative represents a significant stride towards nurturing future leaders and empowering the youth of India with holistic education and diverse career prospects.

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