Education needs more capital, fewer curbs: Noel Tata

BENGALURU: Tata Trusts chairman Noel Tata on Sunday questioned restrictions on for-profit education, saying they discouraged investment in a sector where India needs far more quality colleges and universities.Speaking at IIMBue, an IIM Bangalore alumni meet in Bengaluru, Tata said only a small fraction of students secure admission to the country’s top institutions, forcing many…

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RBI expected to hold rates on Aug 5

High frequency indicators, including industrial output and GST collections, point to resilient domestic activity. MUMBAI: RBI is expected to leave interest rates unchanged at its monetary policy committee meeting on August 5 as economists see little case for an immediate policy move despite rising inflation risks, with rupee being stable, resilient domestic growth and uncertainty…

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