Latest news with #IYC
Economic Times
19 hours ago
- Politics
- Economic Times
Rahul Gandhi takes responsibility for education & care of 30 kids orphaned in Pakistan shelling: Youth Congress
The Indian Youth Congress (IYC) on Wednesday handed over cheques for education expenses of 30 children, who lost their parents in Pakistani shelling in Poonch district, on behalf of Leader of Opposition in Lok Sabha Rahul Gandhi. Gandhi, the former Congress president, has decided to sponsor the education of children, who lost either one or both parents in Pakistani shelling along the Line of Control (LoC) during Operation Sindoor in May. The help was handed over to the selected children by Jammu and Kashmir Pradesh Congress president Tariq Hamid Karra, IYC national president Uday Bhanu Chib, AICC secretary Shahnawaz Chaudhary and Jammu and Kashmir Congress Working president Raman Bhalla at a function in Poonch, said a party spokesman. "Where governments turn their back, Gandhi stands for help. These are the innocent children of Poonch who lost their parents prematurely in Pakistani shelling, but now they are not alone. People's leader Gandhi has resolved to take responsibility for them," Chib said. He said that Gandhi has taken responsibility for education and care of these 30 children. "Being from Jammu and Kashmir, I also thank him for the gesture," said Chib, adding Gandhi had only one aim that in any case help should reach them as soon as possible. The IYC national president requested people to accept his party's small effort. Gandhi has always shown that whether he is in power or not, he always stands with people in their happiness and sorrow, and he has done the same today also, he said.
Time of India
19 hours ago
- Politics
- Time of India
Rahul Gandhi takes responsibility for education & care of 30 kids orphaned in Pakistan shelling: Youth Congress
Rahul Gandhi, the Leader of Opposition in Lok Sabha, is sponsoring the education of 30 children from the Poonch district who tragically lost their parents in Pakistani shelling during Operation Sindoor. The Indian Youth Congress distributed cheques to these children on Gandhi's behalf, ensuring their educational expenses are covered. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The Indian Youth Congress (IYC) on Wednesday handed over cheques for education expenses of 30 children, who lost their parents in Pakistani shelling in Poonch district, on behalf of Leader of Opposition in Lok Sabha Rahul the former Congress president, has decided to sponsor the education of children, who lost either one or both parents in Pakistani shelling along the Line of Control (LoC) during Operation Sindoor in help was handed over to the selected children by Jammu and Kashmir Pradesh Congress president Tariq Hamid Karra , IYC national president Uday Bhanu Chib, AICC secretary Shahnawaz Chaudhary and Jammu and Kashmir Congress Working president Raman Bhalla at a function in Poonch, said a party spokesman."Where governments turn their back, Gandhi stands for help. These are the innocent children of Poonch who lost their parents prematurely in Pakistani shelling, but now they are not alone. People's leader Gandhi has resolved to take responsibility for them," Chib said that Gandhi has taken responsibility for education and care of these 30 children."Being from Jammu and Kashmir, I also thank him for the gesture," said Chib, adding Gandhi had only one aim that in any case help should reach them as soon as IYC national president requested people to accept his party's small has always shown that whether he is in power or not, he always stands with people in their happiness and sorrow, and he has done the same today also, he said.
Hindustan Times
2 days ago
- Politics
- Hindustan Times
Congress to sponsor education of 30 children affected by Pak shelling in Poonch
The Indian Youth Congress (IYC), under the direction of Rahul Gandhi, senior Congress leader and Leader of the Opposition (LoP) in the Lok Sabha, will fund the school education of 30 children from Jammu and Kashmir's Poonch district who were affected by recent Pakistani shelling. The Poonch sector witnessed heightened artillery and mortar shelling after India carried out precise strikes under Operation Sindoor on nine terror hubs in Pakistan and Pakistan-occupied Kashmir on May 6-7 in response to the Pahalgam massacre. (File) Indian Youth Congress president Uday Bhanu Chib said, 'Rahul Gandhi has decided that these children, all from Poonch district, who have lost their parents in the recent Pak shelling will be provided financial help to complete their school education. We will sponsor their education in Poonch itself.' The decision follows Rahul Gandhi's visit to Poonch on May 24, where he met students of Christ School. During his interaction, he encouraged them to stay strong and continue their education despite the traumatic events. 'Now you have seen a little bit of danger and a little bit of a frightening situation, but don't worry—everything will come back to normal. Your way of responding to this problem should be that you study really hard, play and make a lot of friends in school. Will you do that?' Gandhi told the students. The Poonch sector witnessed heightened artillery and mortar shelling after India carried out precise strikes under Operation Sindoor on nine terror hubs in Pakistan and Pakistan-occupied Kashmir on May 6-7 in response to the Pahalgam massacre. A wave of artillery shelling, missiles and drone strikes by Pakistan killed 28 people, 16 in Poonch district alone, and injured more than 70 between May 7 and 10 across Jammu and Kashmir. Among the casualties were 13-year-old twins, Ayan and Aruba, children of Rameez Khan, who studied at Christ School. They were killed outside their rented home during a Pakistani shelling attack on the morning of May 7.
Indian Express
23-07-2025
- Business
- Indian Express
Job promises rain down in poll-bound Bihar. But what does the pursuit of one look like?
IT'S THE weekend, and Patna's Gandhi Maidan area is buzzing with thousands of youths from across Bihar. Their destination is the nearby Gyan Bhawan, more specifically a 'Maha Rojgar Mela (Grand Job Fair)' organised by the Indian Youth Congress (IYC). As the gates of the building swing open, the applicants rush in, collecting forms and making small huddles in the auditorium itself to fill them out. Once they have completed the forms, they join long queues snaking into the main hall. Inside, half the space is reserved for candidates awaiting interviews, while the other half has 199 stalls set up by 190 private companies, including household names such as Flipkart, Paytm, Hitachi, Tech Mahindra, Tata Alliance, Voltas, Zepto, and Aditya Birla. The youths make a beeline for these stalls, holding their registration forms, academic certificates, and resumes in hand. Among the multitude is 24-year-old Jyotish Kumar, who hopes the job fair is the answer to his 'financial problems'. Belonging to a village in Madhepura district, Kumar arrived in Patna first in 2019, seeking better education options and coaching for NEET. However, months later, his father was killed, while his mother, too, lost her job when the Centre's 'Sakshar Bharat Mission' for adult literacy wrapped up. Kumar went back, giving up on his dreams of becoming a doctor, and pursued a BSc in Zoology from Madhepura University. Now saddled with a Rs 3 lakh loan, he is back in Patna to support his mother. Though his first preference is a job in Bihar, he says he will move if needed. The story plays out across the hall. Md Mahbubur Rahman, 26, says he is an economics graduate from Saharsa, with an additional Bachelor of Library and Information Science degree, and certificates showing he has computer knowledge. It is an impressive resume, particularly as none of his siblings went past intermediate. However, that has not got Rahman the job he needs. So he is now pursuing another qualification: a BEd. 'I have been applying for government jobs since passing matric (Class 10) in 2015, and am now trying my luck in the private sector,' he says. Recently, he tried his luck for a government peon's post, despite his educational qualifications, Rahman says. With his large family including his parents, three brothers and two sisters, Rahman also tutors kids on the side to earn a little money. Trying to push through a crowd near a stall, Rahman says: 'Since there are no jobs in our family, our lives are stuck. Marriage prospects are also an issue.' The unemployment question is central to the discourse in Bihar as Assembly elections near. Political parties are trying to outdo each other with promises of job creation. With the RJD hoping its promises in this regard will work for it like they did in the 2000 elections, Chief Minister and JD(U) supremo Nitish Kumar has also jumped in, vowing to create 1 crore jobs in the next five years. The job fair held by its Youth Congress is part of the Congress's push in this regard, including a 'Palayan Roko, Naukri Do (stop migration, give jobs) Yatra' it held in March. The numbers show why the promise of jobs resonates so much with voters. The Periodic Labour Force Survey (PLFS) for July-September 2024, which contains data only for urban areas, puts Bihar's unemployment rate for those aged above 15 at 7.3%, which is above the national average of 6.4%, and for those aged 15-29 years at 23.2%, well above the national average of 15.9% and the sixth worst among the states. When it comes to the labour force participation rate (a measure of the share of the working-age population actively working or seeking work), Bihar has the worst figures in the country in the above 15 years and the 15-29 years categories. As per the 2011 Census data, the corollary is that Bihar ranks second among states in out-migration, beaten only by Uttar Pradesh. Rahman expects to join the migrant ranks. 'My father keeps telling us to try for jobs outside Bihar… After my I'll see.' Rahul Bansal, who has travelled three hours from Khagaria for the fair, says that all 'good jobs' are outside the state, which is also a problem for people like him. 'Even here at the mela, most of the location options are in other states. But in cities such as Mumbai, Pune, and Bengaluru, the expenses alone would eat up the entire salary. So, I prefer something here,' says the 29-year-old. While Rahman argues that Nitish Kumar's long tenure at the helm of the state has not benefited the youth, citing the leak of several exam question papers, 26-year-old Sagar Shan disagrees, talking about the recruitment of 'over 4 lakh teachers and 1 lakh constables alone'. From Nitish's native district of Nalanda, Shah has himself been trying for a government job since 2019. IYC national president Uday Bhanu Chib told The Indian Express that the Patna job fair saw 48,000 registrations, with more than 20,000 candidates interviewed, and 7,000 receiving job letters on the spot. Bihar Congress in-charge Krishna Allavaru said the rush exposed the NDA government's 'false assurances' to the youth. 'We are providing them jobs so that they can achieve their dreams. Unemployment in Bihar is not just a number, but is about a long wait.' Congress spokesperson Gyan Ranjan Gupta added that if the IYC could facilitate so many jobs, 'imagine how many lakhs of jobs we will provide in Bihar itself when we come to power'. Asked about the Congress claims, JD(U) spokesperson Neeraj Kumar said, 'The amount of government employment provided in Bihar under Nitish ji's leadership is the reason why Bihar is ahead in the nation today in areas such as the student-to-teacher ratio and women's participation in the police force. The Congress, which now wants to bring 'Company Raj' here, should look at their own rule. When they were in power in Rajasthan, question papers were leaked 15 times.' Not surprisingly, not everyone went away happy from the Patna Maha Rojgar Mela. 'I rejected an offer of a Rs 20,000 sales job in Pune,' Patna resident Md Shabanul Haqe, 28, who did his MBA from Kolkata, says. 'After an expensive MBA, how can I manage in another city on this salary? Even non-graduates earn Rs 10,000-12,000 doing odd jobs.'
Yahoo
08-07-2025
- Business
- Yahoo
Should You Invest in the iShares U.S. Consumer Discretionary ETF (IYC)?
Designed to provide broad exposure to the Consumer Discretionary - Broad segment of the equity market, the iShares U.S. Consumer Discretionary ETF (IYC) is a passively managed exchange traded fund launched on 06/12/2000. Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors. Sector ETFs also provide investors access to a broad group of companies in particular sectors that offer low risk and diversified exposure. Consumer Discretionary - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 9, placing it in bottom 44%. The fund is sponsored by Blackrock. It has amassed assets over $1.64 billion, making it one of the larger ETFs attempting to match the performance of the Consumer Discretionary - Broad segment of the equity market. IYC seeks to match the performance of the Dow Jones U.S. Consumer Services Index before fees and expenses. The Russell 1000 Consumer Disc 40 Act 15/22.5 Daily Capped Index measures the performance of the consumer services sector of the U.S. equity market. When considering an ETF's total return, expense ratios are an important factor, and cheaper funds can significantly outperform their more expensive counterparts in the long term if all other factors remain equal. Annual operating expenses for this ETF are 0.39%, making it one of the cheaper products in the space. It has a 12-month trailing dividend yield of 0.51%. It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation in the Consumer Discretionary sector--about 68.30% of the portfolio. Telecom and Consumer Staples round out the top three. Looking at individual holdings, Amazon Com Inc (AMZN) accounts for about 15.31% of total assets, followed by Tesla Inc (TSLA) and Netflix Inc (NFLX). The top 10 holdings account for about 52.55% of total assets under management. Year-to-date, the iShares U.S. Consumer Discretionary ETF has gained about 4.54% so far, and is up roughly 21.27% over the last 12 months (as of 07/08/2025). IYC has traded between $76.12 and $101.28 in this past 52-week period. The ETF has a beta of 1.19 and standard deviation of 20.32% for the trailing three-year period, making it a medium risk choice in the space. With about 180 holdings, it effectively diversifies company-specific risk. IShares U.S. Consumer Discretionary ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, IYC is a reasonable option for those seeking exposure to the Consumer Discretionary ETFs area of the market. Investors might also want to consider some other ETF options in the space. Vanguard Consumer Discretionary ETF (VCR) tracks MSCI US Investable Market Consumer Discretionary 25/50 Index and the Consumer Discretionary Select Sector SPDR ETF (XLY) tracks Consumer Discretionary Select Sector Index. Vanguard Consumer Discretionary ETF has $6.08 billion in assets, Consumer Discretionary Select Sector SPDR ETF has $22.76 billion. VCR has an expense ratio of 0.09% and XLY charges 0.08%. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report iShares U.S. Consumer Discretionary ETF (IYC): ETF Research Reports Inc. (AMZN) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Consumer Discretionary Select Sector SPDR ETF (XLY): ETF Research Reports Vanguard Consumer Discretionary ETF (VCR): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
