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Business News Today: Latest Business News, Finance News

GAIL’s Q4 net profit dips 41% to ₹1,481 crore due to loss of LNG supplies ixigo profit grows 91% to ₹32 crore in Q4 FY 26 Airtel CEO says postpaid customers will be moved to priority postpaid automatically LG Electronics India net profit dips 8.1%, registers highest quarterly revenue Pulwama terror attack wanted Hamza Burhan shot dead in PoK Letters to Editor Bulk diesel sales shifting to cheaper retail outlets straining supplies Pocket Insurance ombudsmen resolved 41,055 complaints in FY26 GMM Pfaudler posts 10% revenue growth in FY26, but margin pressure persists Marriott Bonvoy: Travel passions, not demographics, now drive hotel loyalty in Asia Pacific India joins forces with China, Japan against UK steel curbs at WTO Elevation Capital to sell 1.3% stake in Paytm parent company Emami Q4 net falls 11.7% to ₹143.17 crore, revenue declines 3.9% India’s peak power demand breaks record fourth day in a row Tata Steel's Netherlands business will be EBITDA positive even after coke plant shutdown: TV Narendran All arms of govt working together to stabilise Rupee, several measures under consideration: Piyush Goyal VA Tech Wabag Q4 PAT up 28.6% at ₹128 crore LIC Q4 net up 23% on higher premium income, declares 1:1 bonus India may see delayed and cushioned impact of global tech layoffs Paradise Biryani to invest ₹100 cr to open 100 new stores WeWork India PAT jumps 142% to ₹79.6 cr in Q4FY26 on strong demand for flexible workspaces IRDAI offers project-based internship programme for students Impacted by GST rate and West Asia conflict, ITC Q4 profit up 5% at ₹5,113 crore Maruti hikes prices by up to ₹30,000 across models effective June Omni bus operators urge TN govt to restore Koyambedu services for south-bound destinations Align Technology to invest ₹1,800 cr in Telangana Vida Announces the Listing of its Tokenized Equity (VIDAx) on Payward’s xStocks HyFun Foods ties up with Adani Logistics, shifts frozen exports from 40 trucks to rail corridor Sahyadri College to launch ‘Industry Integrated Workspace’ in Mangaluru SEBI proposes new rules for IPO, re-listed stock opening price discovery Bosch Limited stays cautiously optimistic on India despite global uncertainty, flags China competition Furry Evacuees: 292 pets flown safely to India amid Gulf Conflict 2 of 3 key India reservoirs are filled to less than 40% of capacity India's tea exports surge 93% to ₹8,719 crore in FY26: Piyush Goyal hails global demand RRP Defense bags ₹29.8 crore BEL order for high-precision germanium lenses Broker’s Call: Astral (Buy) CPCL launches first CoCo fuel station near Manali refinery Rajasthan Petroleum Dealers Association demands VAT reduction on fuel Reserve Bank rate hikes to start in June: Standard Chartered India, Africa postpone summit following Ebola scare Changing weather patterns cast a shadow over Kashmir cherry season Eli Lilly says next-gen obesity drug helps patients lose 28% of body weight Number of unincorporated enterprises rose by 17% in the Jan-March quarter Indian students, workers lead exit trend as UK net migration falls IIRR’s direct seeded rice initiative increases yields by 8-13% Sundaram Alternates raises ₹2,500 crore for its ESG-aligned real estate fund Diesel demand shifts to PSU retail pumps, India has sufficient fuel supplies: Govt Energy Edits Newsletter for May 21, 2026 Rupee snaps losing streak, but Nifty can’t hold its gains GreenLine emphasises on LNG push in freight sector as fuel security concerns rise Nykaa surpasses $1 billion revenue mark amid strong growth in FY26 India weighs measures including rate hike to stabilize Rupee Quick-commerce firms spend ₹98-100 per order despite increasing dark stores, says Bernstein research Honasa Consumer net profit surges to ₹69 crore in Q4 West Asia conflict may push up condom prices in India India's 'Cockroach' group goes viral, spotlights Gen Z worries 'Playing the long game': Airbnb CEO Brian Chesky eyes India as one of firm's biggest global markets ManageEngine India revenue up 27-28% in CY25 Oil companies assure uninterrupted fuel supply across India amid stable availability and rising demand Alpha AMC targets ₹1,000-cr corpus for VentureX SME Fund India hiring tilts toward contracts as AI prompts workforce rethink, TeamLease says Hotel association hails PM Modi’s appeal to promote domestic tourism Sakar Healthcare signs pact with Zydus Lifesciences to supply oncology products across GCC Marking its 20-year legacy, Star Health launches 'Value Plus' affordable health insurance with nearly 20% lower premiums The Silent Revolution Led by One Woman: How Sandhya Bawankule Ensured Women Finally Got Their Names on Their Homes PFRDA sets up panel to look at induction of more asset classes for better returns Consistently recognised: Infobip named a Leader in Gartner® Magic Quadrant™ for CPaaS again SMMARUN and ByteVerity Announce Global Partnership to Operationalise Responsible AI Governance - Made in India, Built for the World i2Cool’s Electricity-Free Cooling Film Applied at Dorsett Putrajaya to Improve Comfort and Energy Efficiency for Lake-View Dining Space QWEEN Makes a Striking Global Debut at the Met Gala with Diya Mehta Singapore Deepens AI Ecosystem with Global Collaborators to Accelerate Real-World Deployment CKGSB Investor Sentiment Survey Highlights Sharp Performance Divergence Between Private and State-Owned Enterprises in China in Q1 2026 NCCN Affirms Commitment to Cancer-Related Distress Resources Worldwide During Mental Health Awareness Month Capital India Finance asset grows 22% to ₹1,227 crore in FY26 Hexaware Acquires Consulting Professionals Services to Strengthen AI and Cloud Transformation Capabilities HCLTech report warns 43% of enterprise AI initiatives may fail as leaders face shrinking timelines for impact Altudo Recognized as the Asana Partner of the Year for Driving Enterprise Transformation and Operational Excellence India, Africa Union postpone New Delhi summit amid Ebola outbreak Parle ramps up Melody production as demand surges after Modi's gift to Meloni Oben Electric eyes Kerala expansion; launches Rorr Evo electric motorcycle Credit Saison raises $500 mn via external commercial borrowing Businesses can digitally record 'goods delivered' on e-way bill portal: GSTN US investments in India top $60 billion in 6 months, Piyush Goyal says ahead of Rubio’s visit RBI’s new framework may unlock ₹58,000 crore for banks, ease corporate borrowing: Report IIIT-B opens applications for B.Tech and Integrated M.Tech programmes for 2026–27 How different were Trump, Putin's visits to China Organised FMCG players may clock 8-10 per cent revenue growth in FY27 but volume growth to moderate: Report Kerala’s IT sector seeks stronger infra, investment push under UDF Travel fintech company Scapia raises $63 m led by General Catalyst; existing Investors Peak XV Partners, Z47 participate IPL Biologicals inaugurates Phase-I of ₹400 crore Gujarat facility WeWork India Q4 profit rises 80%, revenue up at ₹715 cr Rupee shored up by firm RBI intervention but oil risks linger JSW Group partners with Uber to develop and deploy EVs in India Private banks' return on equity moderates in FY26 amid NIM pressure, treasury losses Lava to invest ₹1,100 cr to boost electronics components manufacturing Amazon India widens beauty portfolio with 100 new premium brands Novo Nordisk launches higher-dose Wegovy for those seeking greater weightloss Embassy Developments posts ₹323 cr net loss in Mar quarter Nifty 50 may hit 28,000–30,000 by end of FY27: smallcase Managers
Reforming schools
2026-05-21 · via Business News Today: Latest Business News, Finance News
Schooling: Improving learning outcomes is still a challenge

Schooling: Improving learning outcomes is still a challenge | Photo Credit: HANDOUT

India’s school education story, as laid out in a new report by NITI Aayog, begins on an encouraging note. Over the past decade, India has achieved what once seemed elusive: near-universal access to primary schooling, better enrolment among girls and disadvantaged groups, improved basic infrastructure in schools, and signs of recovery in foundational literacy. With 14.7 lakh schools serving nearly 25 crore students, the architecture of access is now largely in place.

Yet, beneath this progress lies a deeper, more troubling truth — India may have succeeded in getting children into schools, but it is struggling to ensure that they stay, learn and emerge ready for a changing economy. While enrolment is robust at the elementary level, participation collapses as children move into secondary and higher secondary education, with gross enrolment at the higher secondary stage just 58.4 per cent. A key reason lies outside the classroom. For millions of low-income families, adolescence marks the point at which education begins to compete directly with survival. Secondary schooling brings transport costs, books, uniforms, exam fees and often private tuition. At the same time, household economic pressures intensify. Many teenagers are pulled into the labour market early.

This challenge is becoming more acute in a new economy increasingly shaped by low-barrier gig work. Delivery platforms, logistics apps and on-demand services offer quick earning opportunities that require little formal qualification. The gig economy, in fact, risks quietly normalising early exit from education for vulnerable families. The tragedy is that this happens even as learning levels remain weak. Too many children are progressing through grades without mastering the basics. The report points to a system still dominated by rote pedagogy and assessment structures that fail to measure real understanding.

India therefore faces a paradox: access has expanded, but learning quality and retention remain fragile; aspiration for private schooling has risen, but quality assurance remains uneven; policy frameworks are modern, but classroom realities lag behind. The answer cannot simply be to keep children in school longer. Schooling itself must become more relevant to the future economy. As artificial intelligence reshapes work, India must rethink education as preparation not for clerical or repetitive jobs, many of which automation will eliminate, but for higher-value roles requiring problem-solving, creativity, digital fluency, design thinking, communication and STEM skills. Secondary schooling must integrate AI literacy, critical thinking and market-linked skills without abandoning foundational learning. India must create an economy that rewards higher skills with better wages. If the future offers only low-paid gig work, families will continue to choose immediate income over long-term education. The challenge lies in building a system that makes staying in school more worthwhile than leaving it early.

Published on May 21, 2026