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<ul><li>Navneet's campaign highlights the brand’s journey over the past 6 decades. </li><li>Established by the Gala family in 1959, Navneet has grown to become a Publication conglomerate from a small bookstore in Mumbai.</li></ul>To celebrate more than 60 years in the education business, <keyword id="7075510" type="General" weightage="20" keywordseo="navneet-education-limited" source="Orion">Navneet Education Limited</keyword> unveils ‘Progress Limitless’, a digital campaign to commemorate this milestone. The campaign highlights the brand’s journey over the past 6 decades nostalgically and beautifully. If you have spent your childhood in India, this campaign is sure to remind you of your childhood. <div type="Youtube" id="EfOsURwkSTg" title="Navneet Progress Limitless - More than 60 years of enlightenment through education" thumbUrl="https://i.ytimg.com/vi/EfOsURwkSTg/mqdefault.jpg"></div> Established by the Gala family in 1959, Navneet has grown to become a Publication conglomerate from a small bookstore in Mumbai. The company has made its mark as a premium and trusted brand in Indian households and has been part of important phases in every person’s life, from your classroom to the boardroom. It is a purpose-driven organization doing what it takes to move the needle and spread knowledge. Navneet has always worked towards evolving with each passing decade and in these 60 years, they have established various sub-brands under the Navneet umbrella. In 1959 they launched the first Digest / Guide Published for Std. X, in 1970 a Workbook Concept Introduced by the brand, in 1975 the brand published 21 Most Likely Question Sets, in 1990 Children books were introduced, 1993 saw the development of Manufacturing Scholastic Stationery, in 1994 the brand was recognized as the first educational Publisher to be Listed on BSE and NSE, in 2008 the brand entered B2B Digital Learning Space by the name of eSense, in 2011 it ventured into School Management – K12, in 2014 Navneet entered B2C Digital Learning Space - TopScorer, in 2016 the Stationery Brand ‘<keyword id="4831" type="General" weightage="20" keywordseo="youva" source="Orion">YOUVA</keyword>’ was launched and Navneet also acquired Encyclopedia Britannica India (now Indiannica), 2017 saw a milestone turnover of 1,000 crores and Incorporated Navneet (HK) Ltd and the year 2018 had an introduction of premium stationery brand “HQ”. This year in the month of February Navneet launched DigiBook, a digital version of all the books published by Navneet as an app as well as a web-based platform to enhance the studying experience of the students with comfort and accessibility. The campaign is conceptualized by The Minimalist, ad agency, creative director Mayuresh Bangar and produced by Pragaur Films. Speaking on the brand entering the 60-year milestone Mr Devish Gala, Head of Branding Navneet Education Limited said: “Navneet Education Limited has always been the most trusted brand across Indian households. It is the most loved brand across generations, from grandparents to parents to children. We are extremely thrilled and excited to show how far we have come from a small store to being a trusted brand in the nation. With each passing decade, we have evolved with a legacy of more than 3 generations managing the business. We the Navneet family look forward to keeping the nostalgic feel of the brand for many more decades to come. The brand heartily thanks every member who has been a part of our journey and always supported and helped the brand”.

Navneet launches a campaign to commemorate its more than 60 years journey

New Delhi, Gold plunged Rs 350 to Rs 59,650 per 10 grams in the national capital on Wednesday amid weak cues in global markets, according to HDFC Securities. The yellow metal had ended at Rs 60,000 per 10 grams in previous trade. "Gold declined on Wednesday, with spot <keyword id="46002" type="General" weightage="20" keywordseo="gold-prices" source="Orion">gold prices</keyword> (24 carats) in the Delhi markets trading at Rs 59,650/10 gram, down by Rs 350 in response to bearish cues from overseas markets," <keyword id="1335996" type="General" weightage="80" keywordseo="saumil-gandhi" source="Orion">Saumil Gandhi</keyword>, Senior Analyst of commodities at HDFC Securities, said. Silver also nosedived Rs 1,000 to Rs 73,400 per kg. In the international markets, both gold and silver were down at USD 1,911 per ounce and USD 22.94 per ounce, respectively. Gold slipped to a more than two-week low amidst an uptick in yields and as investors are also positioning for the US inflation data scheduled later on Wednesday, which could offer insights on whether the Fed Reserve will further hike interest rates this year, <keyword id="377165" type="General" weightage="80" keywordseo="navneet-damani" source="Orion">Navneet Damani</keyword>, Senior Vice-President of commodity research at Motilal Oswal Financial Services, said.

Gold plunges ₹350; silver nosedives ₹1,000 on weak global cues

Gold has turned into a more bankable asset and its prices going up as several American banks are going down, say experts. On Monday, the yellow metal shone brighter at the markets with gold at the MCX crossing the Rs 60,000 mark. "Gold prices have risen almost 7-8 per cent in the past month. The rally in the yellow metal is primarily due to the banking crisis in the west. The liquidity infused by the central banks and the expectations of lower to no rate hikes is pushing gold prices up. Gold is a safe haven, historically it has gained in periods of uncertainty," <keyword id="1800107" type="General" weightage="80" keywordseo="colin-shah" source="Orion">Colin Shah</keyword>, MD, <keyword id="15722229" type="General" weightage="80" keywordseo="kama-jewelry" source="Orion">Kama Jewelry</keyword>, said. Gold prices hitting a fresh high is a sign of slower economic growth and lower interest rates with ample liquidity to help the system steer of the current situation. According to Shah, the current situation globally may take some time to clear out. Globally, central banks have been adding gold reserves. "We expect gold to gain further and touch new highs in the next few months. Domestically, it is expected to trade in the range of Rs 61,000-62,000/10gm. Internationally, it may scale levels of $2,050-2100/oz," he added. <keyword id="377165" type="General" weightage="80" keywordseo="navneet-damani" source="Orion">Navneet Damani</keyword>, Senior VP, Commodity Research at Motilal Oswal Financial Services, said: "Bullions continue surge, with gold on domestic front hitting a new lifetime high of over Rs 60,000, as a wave of banking crises shook global markets and put bullion on track for its biggest weekly rise in three years, while bets solidified for a less aggressive <keyword id="45672" type="General" weightage="80" keywordseo="fed" source="Orion">Fed</keyword> in its fight against inflation. "The collapse of Silicon Valley Bank in the US has highlighted banks' vulnerabilities to sharply higher rates, while a rout in Credit Suisse shares has added to the market turmoil. On other hand, after ECB announced a 50bps rate hike last week, all eyes are now on Fed's policy meeting scheduled later this week. "Fed is expected to raise rates by 25bps, however probability for a pause is increasing sharply supporting the move in safe haven assets. Over the weekend, there were quite a updates regarding the US banking concerns which slightly weighed on the safe haven assets. UBS agreed to buy 167-year-old Credit Suisse for $3.23 billion and assume up to $5.4 billion in losses in a deal backed by a massive Swiss guarantee and expected to close by the end of 2023. Meanwhile, major central banks including Fed, ECB, BOJ, BOE announced a co-ordinated central bank action to enhance liquidity via USD-Swap line. These updates are likely to keep the volatility high." "Broader trend on COMEX could be in the range of $1985- 2015 and on domestic front prices could hover in the range of Rs 59,80060,600 could be expected," <keyword id="630853" type="General" weightage="80" keywordseo="damani" source="Orion">Damani</keyword> added. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/adani-enterprises-rvnl-reliance-industries-among-stocks-to-watch/articleshow/98792050.cms">Sensex, Nifty50 end lower dragged down by metal, PSU banks, realty</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/fear-of-financial-crisis-is-keeping-investors-away-from-stock-markets-say-experts/articleshow/98813720.cms">Fear of financial crisis is keeping investors away from stock markets say experts</a>

Gold is bankable, shines more than some western banks say experts

When farmers were protesting across India against the NDA government’s land acquisition bill, over 30, 000 farmers in Uttar Pradesh willingly gave their fertile lands to the <keyword id="927064" type="ORGANIZATION" weightage="80" keywordseo="Samajwadi-Party-led-government">Samajwadi Party-led government</keyword> to build its six-lane Agra-Lucknow expressway project. The government's flagship 302-km expressway greenfield project is the longest in the country till date. 

	The state government has acquired nearly 3,000 hectares of fertile, multi-cropped land for its greenfield expressway project without a murmur of dissent. At least 30,074 farmers in that state gave up fertile tracts of the Indo-Gangetic plain in record time. 
	 

	But the question arises, how did this acquisition for the Rs 15,000 crore project happen so quickly? When asked about the same, Uttar Pradesh Chief Minister <keyword id="6355031" type="PERSON" weightage="80" keywordseo="Akhilesh-Yadav">Akhilesh Yadav</keyword> told TOI that by keeping farmers happy. When <keyword id="93127" type="ORGANIZATION" weightage="80" keywordseo="UP-Expressway-Industrial-Development-Authority">UP Expressway Industrial Development Authority</keyword> (UPEIDA), the nodal agency for implementing the project, set out to acquire land for the developers of the expressway project, it decided to avoid the contentious "acquisition" process almost entirely. "Instead of acquiring land as is usually done, it was decided to purchase land from farmers through a mutual agreement. 
	 

	To make the transaction more lucrative, land owners were offered four times the circle rates (CR) in rural areas, and twice the CR in urban parts, as purchase cost. Acquisition was only considered in cases where mutual agreement failed," said Navneet Sehgal, chief executive, UPEIDA. To build it by October 2016, as the chief minister has promised to do, the <keyword id="95895" type="ORGANIZATION" weightage="80" keywordseo="UP-government">UP government</keyword> needs a total of 3,368.60 hectares of land cutting across 232 revenue villages from Agra to Lucknow, and passing through the districts of Mainpuri, Etawah, Kannauj, Auraiyya and Unnao. In the 270 days between June 2014 and January this year, UPEIDA completed about 27,000 registries at the rate of about 10 a day, arguably the fastest yet, government-run expressway project of this magnitude. To achieve this, UPEIDA paid, till May 15, 2015, Rs 2,844.55 crore to make an outright purchase of 2,824.16 hectares of land from individual land owners, and 303.29 hectares from government departments, almost 93% of the total land it needed. Assistant CEO UPEIDA, <keyword id="361651" type="PERSON" weightage="80" keywordseo="Ashutosh-Dubey">Ashutosh Dubey</keyword> said, "The government set up rate fixation committees under the chairmanship of the <keyword id="6381069" type="POSITION" weightage="60" keywordseo="District-magistrate">district magistrate</keyword> to arrive at a mutually agreeable rate. After the approval of the CEO, land owners were given four times, or twice the CR depending on the location of their land. 
	 Apart from their land holdings, owners were also compensated for permanent structures built on their land, and for unharvested crops." When TOI contacted land owners who gave up their land through a mutual agreement with the state government, reactions were mixed. In Unnao, which falls under segment 5 of the expressway project and is being developed by <keyword id="689816" type="COMPANY" weightage="80" keywordseo="Larsen-Toubro-Limited">Larsen &amp; Toubro Limited</keyword>, Jagdamba Singh, a resident of Matariya village, confirmed he had received four times the circle rate. 
	 

	"My village was on the Unnao-Lucknow border, but on the Unnao side. My compensation, as a result, was paid according to the prevailing DM circle rates in Unnao. The neighbouring village that falls in Lucknow, however, received a higher compensation. So even though I got four times, I felt cheated," Singh said. In Etawah's Takha tehsil, Bakridan begum walked away with a compensation of Rs 8.91 lakh for selling 2.5 bighas of land held in her name. Her son, <keyword id="3718452" type="PERSON" weightage="80" keywordseo="Naseem-Khan">Naseem Khan</keyword> told TOI, "We used about Rs 98,000 for a wedding in the family. We are also in advanced stages of talks over the purchase of additional agriculture land with the compensation money we received." In both cases, Singh and Khan said their families will remain invested in farming and did not plan to use the surplus funds to diversify their businesses. 
	 

	Not all land holders, however, were agreeable to selling their land to the government. In such cases, UP opted for the land acquisition process as prescribed under the Land Acquisition, Rehabilitation and Resettlement Act of 2013, and acquired 160.28 hectares of land. Here, while the rate of compensation remained the same, beneficiaries were offered an extra payment at an interest rate prescribed within the state's rules.

	The benefits of the dual model-acquisition plus purchase were many. "This model allowed UP to facilitate land transfer to developers in record time, Dubey said. Since the state's pur chase-acquisition process started in June last year, UPEIDA now has a land pool of 3,287.73 hectares of the 3,368.60 hectares it needed; that's 97.6% of the land it needed, organized in less than one year. 
	 

	The success of the Agra-Lucknow "expressway" model of acquiring land through mutual agreements and through the acquisition route has now been extended to other construction projects as well. "It is a smoother, faster process. More significantly, though, farmers and land holders get a much better deal for their land than they would if we went the acquisition way. That would have been also much more time-consuming,” Dubey added.

	 
	(Image: Indiatimes)

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Navneet launches a campaign to commemorate its more than 60 years journey

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Gold plunges ₹350; silver nosedives ₹1,000 on weak global cues

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Gold is bankable, shines more than some western banks say experts

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Know how land was acquired for Agra-Lucknow expressway

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