Man assaults wife for seeking money for shampoo in Ahmedabad

Representative image.AHMEDABAD: A 42-year-old woman from Bavla village in Ahmedabad on Sunday filed a complaint with Viramgam town police stating that her husband had thrashed her badly, pulled her hair and banged her head on a wall just because she had asked for money to buy shampoo.

“On Sunday morning, when my husband was at home and I asked for some money, he became angry and started abusing me. When I tried to pacify him, he suddenly pulled my hair and banged my head on a wall,” stated the complainant.

Later on, the woman called up 181 Abhayam Helpline from where a counsellor came to her home in Bavla and tried to make her husband understand that he should treat his wife properly.

But her husband did not pay any heed to the advice and asked his wife to leave home.

Later, the woman approached Viramgam town police and filed an FIR of domestic violence.

The complainant, who has been married for 15 years, stated in her FIR that her husband, who works with Western Railway as a clerk, beat her very often on petty issues.

“When I got married my husband’s elder brother and sister-in-law used to stay with us. Since the beginning of our married life, my husband’s brother and sister-in-law used to provoke my husband to torture me,” the woman stated. “I had kept quiet for long for the future of my two children,” said the complainant.

Later, the couple moved to Shastrinagar in Ahmedabad city but the intervention of in-laws and her husband’s torture continued there.

Due to some personal issues, the couple then moved to Bavla where the woman’s torture continued.

On Sunday, the woman felt all limits had been crossed when her husband grabbed her hair and banged her head on a wall, stated the FIR filed with Viramgam town police.

[“source=timesofindia.indiatimes.”]

ET Money logs Rs 2,000 crore in mutual fund sales on app

et-money-etonline
The app has added multiple features to become a full-service financial services provider on the phone over time.
NEW DELHI: ET Money has clocked Rs 2,000 crore of mutual fund sales on its app, registering a nearly twentyfold increase in sales of the financial product over the past fifteen months.

The online financial services platform had started offering investors the choice to invest in direct mutual funds a few months ago and has witnessed exponential growth ever since.

“The growth in value of transactions is due to the pace at which we have launched innovative offerings for the customer and the addition of direct mutual funds to our platform,” ET Money’s chief executive officer Mukesh Kalra said. ET Money’s ability to provide customers a wide range of solutions, including loans to meet short-term funding requirements had increased the platform’s credibility and users confidence in the app, according to Kalra.

The Times Internet-backed company started operations two years ago as an app that linked into the user’s SMS log and enabled him/her to maintain a roster of monthly expenses. It has added multiple features to become a full-service financial services provider on the phone over time. Times Internet is a subsidiary of BCCL, the publisher of this newspaper.

Within a short span of time, ET Money has struck collaborations with over twenty asset management companies to offer a range of over 1,000 mutual fund schemes. It also has a tie-up with RBL Bank to provide loans to customers and recently introduced a liquid fixed deposit scheme that offers higher interest rates in comparison to traditional savings accounts.

“We are aiming to grow to Rs 5,000 crore of mutual fund transactions in the next 12-18 months,” Kalra said, expressing confidence that the movement towards investments in financial assets by people who have disposable incomes will create the right conditions for his business.

Over the last 18 months, ET Money has introduced a slew of industry-first offerings like SmartDeposit with Instant Withdrawal, Paperless KYC, One-tap Portfolio Buys, SIP Registration without First Installment and Option to Skip SIP Installments.

It has also launched a unique feature to enable existing investors save agent commissions on their existing mutual fund investments by instantly allowing them to switch to direct plans.

With an aim to play an integral role in a modern Indian’s financial life, ET Money has expanded its offerings providing instant personal loans through its app along with Insurance products via ETInsure. This has helped to grow it’s total transactions across all services to an annual figure of over Rs.2,100 Crores which is growing at 200% every six months, the company claims. The ET Money app is available on Android or iOS.

[“source=economictimes.indiatimes”]

Education ministry explains changes in school calendar

The process to change the national school calendar kicked off last month and will end in September 2022, the State Minister for Primary and Secondary Education, Isaac Munyakazi, has said.

Munyakazi said this week that the changes are motivated by several reasons, among them, the need to align the school calendar to the national budget.

“The school calendar is not in sync with the national budget. This means that the education activities and other development activities are running on different timelines and not based on the fiscal year which is not convenient,” he said.

Munyakazi also pointed out that another reason for the change is to reduce the period A’Level students are spending in vacation.

“We felt that it was necessary to synchronise the primary and secondary school calendar with the one of the universities so that we cut on the long period of time which A’Level students had to wait before joining university,” he said.

There was also need to synchronise performance contracts with the fiscal year.

Munyakazi explained that though the changes in the school calendar were discussed at the Umushyikirano National Dialogue, his Ministry had been looking into making the changes though it required a big budget and time.

“Obviously we have started working on these changes but this process requires a lot in terms of changes and  budget. The last changes we made to the school calendar cost us Rwf7.2bn,” he said.

The Director General of the Rwanda Examination Board (REB), Dr Irénée Ndayambaje, recently told The New Times that the revision of the calendar will be done in a way that it does not affect the curriculum implementation.

“People will be aware of the changes and get prepared in advance. This revision will, however, not affect the academics. The new calendar will come into effect when everything is in place,” he said.

Current status

In August last year, the Ministry of Education released a slightly revised school calendar for both primary and secondary schools for the 2019 academic year, which saw the holiday period shortened.

[“source=newtimes”]

ISRO set to launch Chandrayaan-2 in March-April

ISRO has 32 missions lined up this year

Bengaluru: The Indian Space Research Organisation (ISRO) on Friday said it missed the January-February launch window for the second moon mission,Chandrayaan-2, which is now expected to be carried out around April. The new schedule comes after the ambitious space mission missed two earlier launch windows in 2017 and 2018.

“Because we could not complete a few tests, we are now looking at March-April,” ISRO chairman K.Sivan said in Bengaluru. The mission would be carried out by April end and next in June if this one was also missed, he added.

The space agency has 32 missions lined up this year. It undertook 16 missions last year. The most ambitious among this year’s missions will be to put a human in space.

The agency aims to complete two unmanned missions beginning end of next year before it can actually put a human in space, scheduled for December 2021.

ISRO has opened a Human Spaceflight Centre to better enable the agency to carry out the manned mission. With a budget of Rs 10,000 crore,ISRO is looking to send three humans into space for seven days, though the specific number for its first ‘Gaganyaan’ is yet to be finalised. ISRO will help select the astronauts along with the Indian Air Force (IAF) and other premier agencies. The astronauts will be trained initially at ISRO’s human sciences centre and then travel to Russia for advanced training.

ISRO plans to set up ground stations in countries such as Russia and Japan for other programmes, according to Sivan.

Other major plans for 2019 include the Small Satellite Launch Vehicle (SSLV), one of the smallest launches for ISRO. Sivan said it will have a payload of only 500 kilograms, integrate within 72 hours and requires only six people to be part of the mission compared to other big programmes. The cost of the mission would be around Rs 30 crore, he added.

ISRO will also launch its second reusable vehicle later this year, which could pave the way for further cost reductions.

[“source=livemint”]