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Classes Go Hi-Tech- Business News


Illustration by Raj Verma
Institutes of higher education in India have been looking beyond physical classrooms and paper-pen assessments for a long time. In spite of this, adoption of education technology, or EdTech, did not become a huge trend. The Covid-19 outbreak has changed this. As the pandemic forced education institutions to abandon face-to-face teaching, educators turned to technology for everything, right from conducting entrance exams and course delivery to assessments and managing their knowledge repositories. Digital whiteboards, hybrid classrooms, adaptive tracking camera systems, display equipment and audio-visual technologies are the new buzzwords at education institutes.
Today, India finds itself doing well in the global EdTech Index with Bangalore and Delhi at 7th and 14th positions, respectively, globally. While the EdTech space had been growing at a steady pace over the years, the pandemic accelerated this growth, making way for a massive expansion in ....

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Switch to distance learning drives investment in India's education technology sector


“It takes a lot of time to change consumer behaviour but the pandemic amplified everything,” says Mr Verma. Prior to that, India s education technology market was “evolving”, he says. Companies like his saw themselves as “working for the future”.
India s EdTech sector is expected to grow in value to $30 billion in the next decade from about $735 million to $800m in 2019, according to a report published in April by RBSA Advisers.
Along with the boost from the pandemic, “the introduction of EdTech has coincided with growing internet penetration with availability of cheaper smartphones and low data prices”, says Rajeev Shah, managing director and chief executive of RBSA Advisers. ....

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Dubai's 'affordable' neighbourhoods see further rental drops in first quarter 2021: Bayut


Dubai: For Dubai tenants wanting to stretch their budgets, here’s some good news – rents in the city’s more affordable locations saw declines of up to 13 per cent in the first three months of the year.
But in the more upmarket neighbourhoods, rents actually have started increasing, by up to 10 per cent during the period. Locations such as Jumeirah Village Circle, Mirdif, Al Nahda and Akoya Oxygen are the choices for budget-conscious tenants, according to the latest update from Bayut and dubizzle.
At JVC, the rental average for studios are at Dh27,000, while going up to Dh42,000 for one-bed apartments and Dh63,000 for two-beds. After recording steep drops in the last two years, areas such as Al Nahda, Silicon Oasis and Sports City have seen declines of between 2-7 per cent in rental costs. ....

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Celebrity Commerce Platform GoNuts Launches GoNuts for Business


Celebrity Commerce Platform GoNuts Launches GoNuts for Business
Monday, March 8, 2021 6:55PM IST (1:25PM GMT)
(L- R) Vinamra Pandiya, Founder, GoNuts, Joji George, Co-Founder, GoNuts, Mayank Gupta, Co-Founder GoNuts
 
Mumbai, Maharashtra, India:
 GoNuts, Asia’s largest and most influential celebrity commerce platform, launched GoNuts for business, that aims to be the trusted platform for start-ups and MSMEs to build their brands and use celebrities across music/television/film/sports and lifestyle to make their marketing and brand promotions effective.
 
GoNuts thus provides start-ups, the opportunity to connect to a wide range of celebrities to create branded content, brand promotions and brand endorsements. GoNuts for business will cater to the marketing needs of over 50 million SMEs in India. Access to celebrities and influencers has thus far been the prerogative of large brands and ag ....

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Budget 2021: Education sector expects loan subsidies, reduced GST slabs, tax breaks for startups, NEP implemen


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India has one of the largest student populations in the world over 260 million in K-12 education alone with more joining the fray every year. 
Hence, a country that is tasked with training, coaching, and skilling such an enormous number of young people requires
efforts and policies at all levels. 
Last year brought about new educational reforms in the form of the
National Education Policy (NEP 2020). It brings foundational education into focus and stresses on experiential learning as opposed to scorecards and pass marks, and has been hailed as “progressive” by most industry experts. 
They believe that NEP 2020 could be the ....

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