WASHINGTON - Citing growing competition from India and China, US President Barack Obama has warned against more tax breaks to the wealthy to find resources for investment in education, innovation and infrastructure.

NEW DELHI - Over 769,929 students are set to appear in the Class 12 exam of the Central Board of Secondary Education (CBSE) which start Tuesday, a board official said.

NEW DELHI - The government will spend a staggering Rs.52,057 crore (Rs.520 billion/$11.5 billion) on education and Rs.26,760 crore (Rs.267 billion/$ 6 billion) on health in the year 2011-12 to ensure "inclusive growth" for all, Finance Minister Pranab Mukherjee announced Monday.

KOLKATA - The Indian Institute of Technology-Kharagpur Monday welcomed the special budgetary grant of Rs.200 crore ahead of its diamond jubilee, and said the amount will be used for renovation and upgradation of the institution as also in areas like nano science research.

KOLKATA - The Indian Institute of Management-Calcutta (IIM-C) plans to utilise the Rs.20 crore special budgetary grant to help students do research in global finance markets and to upgrade its financial research and trading lab.