Inflated claims paid to 414 pvt institutes for study tours: Audit

Inflated claims paid to 414 pvt institutes for study tours: Audit

Unaided colleges yet to be paid Rs 1,600 crore for scholarships Rajmeet Singh Tribune News Service Chandigarh, May 20 The Department of Technical Education reimbursed inflated claims made by 414 private educational institutions as study tour expenses under the Post Matric Scholarship Scheme, an audit has revealed.Covering 40,206 students, the institutions managed to get an excess reimbursement of Rs 23.17 crore, which is not admissible under the study rule charges. The maximum annual admissible rate for a student is Rs 1,600 but the claim made was much more. While seeking…

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Venezuela’s Maduro claims poll victory as opposition cries foul

Venezuela’s Maduro claims poll victory as opposition cries foul

Electoral officials in Venezuela say turnout in the controversial election for a constituent assembly was 41.5%, a figure disputed by the opposition. The opposition coalition said 88% of voters abstained and it refused to recognise the election. It also called for more protests on Monday. Sunday’s election was marred by violence, with widespread protests and at least 10 people killed. President Nicolás Maduro hailed the poll as a “vote for the revolution”. Image copyrightEPAImage captionPresident Maduro hailed the vote as a victory Vote highlights polarisation – Katy Watson, BBC South…

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Kota claims maximum NEET toppers

Kota claims maximum NEET toppers

Coaching institutes in Kota claimed to have bagged maximum toppers in NEET 2017 though Navdeep Singh of Punjab got the first rank. The National Eligibility cum Entrance Test (NEET) was conducted on May 7 by the Central Board of Secondary Education (CBSE) for admissions to undergraduate MBBS/BDS courses and the results were announced on Friday. Coaching hub Kota had sweeped the top 10 ranks in the AIIMS (All India Institute of Medical Sciences) entrance exam, the results of which were declared on June 15. Allen Career Institute of Kota said…

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Economist on Revised Jobless Claims: Numbers Suggest ‘Not Much Slack Remains in the Labor Market’

Economist on Revised Jobless Claims: Numbers Suggest ‘Not Much Slack Remains in the Labor Market’

This week’s jobless claims were lower than expected, but that’s not the biggest economic news this week. That honor goes to the revised claims for the first week of March, reportsBusiness Insider. “Most of the changes were relatively modest, but the most notable aspect of the revisions is that claims for the week of March 5th (3 weeks ago) were revised down to 253,000 which is, as far as we can tell, the lowest weekly claims figure since November 24, 1973,” writes Thomas Simons, senior economist at Jefferies. Simons called…

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