Category: Economy

AAP Punjab Demands Budget Session Extended

[Chd,Pb]Main Opposition In Punjab AAP Demands Budget Session Extended
Aam Aadmi Party, today urged the Assembly Speaker, Rana K P Singh, to extend the forthcoming budget session.
AAP leader Kanwar Sandhu sought at least 15 sittings during the session.
The session is slated till March 28,
As per Sandhu it is expected to have six or seven sittings only due to a holiday and the week-end between the duration of the session,
Kharar MLA said ,Leader of Opposition, Sukhpal Singh Khaira, also demanded that the Session be extended to the second week of April.
The AAP MLA said that Punjab was today facing a “severe crisis” forcing the people to head for foreign countries.
“Future generations would not forgive us for neglecting the vital issues plaguing the state. These can be addressed only through discussion and debate and not by pushing them under the carpet,” Sandhu said.
On behalf of the AAP, Kanwar Sandhu listed out 11 issues in its “business of the party” which included the state of Punjab’s finances, the Congress party’s manifesto, farm debt and joblessness.

Unsafe IndiGo+GoAir Cancel 50 Flights for More then12 Cities

[Mumbai] Unsafe IndiGo+GoAir Bow Before “Prabhu”& Cancel 50 Flights for More then12 Cities.
Domestic carriers IndiGo and GoAir cancelled around 50 flights today
almost one-third of their A320 Neo aircraft fleet remained grounded for the third day following a safety directive by the country’s aviation watchdog DGCA.
Of the 48 flights, which are not being operated as part of the curtailed schedule,
42 are of IndiGo and six of GoAir.Suresh Prabhu has taken over charge of Ministry of Civil Aviation He has Encouraged DGCA Since then DGCA Has taken strong safety measures and issued directions to These Carriers with Questionable Engines as a result of which These Airlines are forced to ground their planes with Defective Engines.These two carriers had yesterday said they were taking measures to minimise inconvenience to the passengers whose flights have been cancelled by booking them on alternative flights as well giving them the option of cancelling or rescheduling their travel without any extra cost. But these are not seen in airports.Fliers of these carriers are cursed to suffer.
IndiGo has cancelled 42 flights for March 14.
This includes flights to Mumbai, Kolkata, Pune, Jaipur, Srinagar, Bhubaneswar, Chennai, Delhi, Dehradun, Amritsar, Bengaluru and Hyderabad, among others,
Wadia Group-promoted GoAir had cancelled a total of six flights today due to the grounding of three of its A320 Neo planes, as against 18 yesterday.
IndiGo operates over 1,000 daily flights while
GoAir offers 230 services daily.
Yesterday, these two airlines together had cancelled over 65 flights, with IndiGo alone cancelling over 47 services, due to the grounding of their 11 aircraft — eight of IndiGo and three of GoAir —
There are a total of 45 A320 Neo planes fitted with P&W’s Underfire engines with the two airlines.
Of these, IndiGo has 33 and GoAir 12 planes. The cancellation of services in a large number has put thousands of passengers at inconvenience as they had pre-booked these flights amid the concerns of exorbitant fares which are charged by the carriers for last-minute travel.

India’s IT Tycoon “TCS” Shares Dropped 5%

[Mumbai] India’s IT Tycoon TCS Shares Dropped 5%
Shares of Tata Consultancy Services (TCS) fell by 5.22 per cent to Rs 2,892.45 following reports that its promoter Tata Sons is planning to raise around Rs 8,200 crore by selling stake in the IT major.
The benchmark BSE Sensex gave up its early gains to close lower by 61.16 points at 33,856.78 today mainly due to profit booking in the last hour of the trade after recent gains.
The broader NSE Nifty managed to end higher for the second day at 10,426.85, up by 5.45 points or 0.05 per cent after shuttling between 10,478.60 and 10,377.85, intra-day.
Shares of Tata Consultancy Services (TCS) fell by 5.22 per cent to Rs 2,892.45 following reports that its promoter Tata Sons is planning to raise around Rs 8,200 crore by selling stake in the IT major.
Sustained selling by domestic institutional investors (DIIs) put pressure on select counters led by IT and teck stocks.
Despite, better-than-estimated consumer price inflation eased traders fears of near-term interest rate hikes by the Reserve Bank of India (RBI).
Ratan Tata

New Aviator Prabhu Supports DGCA For Grounding Aircrafts

[New Delhi] New Aviator Prabhu Supports DGCA For Grounding Aircrafts
Civil Aviation Minister Suresh Prabhu said today that The DGCA decision to ground certain A320 neo aircraft with faulty engines is “only for passenger safety”
The aviation regulator’s move has resulted in flight cancellations by IndiGo and GoAir as the two airlines have grounded 11 A320 neo aircraft following the directive. IndiGo Cancelled its More Then forty flights which resulted Hike in Airfare
Prabhu took over the additional charge of Civil Aviation Ministry on Monday.
The Directorate General of Civil Aviation (DGCA) has grounded 11 A320 neo planes powered with a certain series of Pratt & Whitney engines following three incidents of mid-air engine failures in less than a month.
A total of 14 A320 neo aircraft fitted with a specific series of engines — 11 operated by IndiGo and 3 by GoAir — have now been grounded. Three IndiGo planes were grounded last month.
Photo Caption
The Union Minister for Commerce & Industry, Shri Suresh Prabhakar Prabhu taking additional charge of the Ministry of Civil Aviation, in New Delhi on March 12, 2018.
The Minister of State for Civil Aviation, Shri Jayant Sinha is also seen.

DIAL & MIAL Owe Rs 786.07 Crores To CISF

[New Delhi] DIAL & MIAL Owe Rs 786.07 Crores To CISF
DIAL Only Owe Rs 737.37 Crores To CISF
6 Privately Run Airports Owe Rs 800 Crores To CISF
[Six] privately-run airports owe a total of nearly Rs 800 crore to the CISF for the deployment of its personnel on security duty, the Lok Sabha was informed today.
A s per Union minister of state for home Kiren Rijiju The Delhi airport, operated by the
Delhi International Airport Limited (DIAL), alone has an outstanding amount of Rs 737.37 crore,
Among the other airports are
Mumbai airport, operated by the Mumbai International Airport Limited (MIAL), which owes the Central Industrial Security Force Rs 48.70 crore, and the
Bangalore airport, operated by the Bangalore International Airport Ltd (BIAL), which has an outstanding amount of Rs 22.86 lakh

फसलबीमा योजना में किसानों को मिले 4000 करोड़,बीमा कंपनियों ने कमाए रु 16000करोड़

[मथुरा,यूपी]फसलबीमा योजना में किसानों को मिले 4000 करोड़,बीमा कंपनियों ने कमाए रु 16000करोड़
रालोद ने किसानों के नाम पर मोटी कमाई करने का आरोप लगाया |जयंत चौधरी ने आरोप लगाया के राज्य और केंद्र सरकारों द्वारा किसान कल्याण योजनाओं के अंतर्गत २०३७४ करोड़ रु दिए गए लेकिन फसल बीमा योजना में किसानों को केवल ४००० करोड़ रु दिए गए |शेष राशि बीमा कंपनियों के तिजौरी में चली गई |
राष्ट्रीय लोक दल[ रालोद] के राष्ट्रीय उपाध्यक्ष और किसानों के मसीहा चौधरी चरण सिंह के पौत्र जयंत चौधरी ने सरकारों पर किसानों की उपेक्षा का आरोप लगाते हुए किसानों की दुर्दशा का जिम्मेदार बताया|
मोरकी इंटर कॉलेज में आयोजित किसान आक्रोश पंचायत में बोलते हुए जयंत ने वर्तमान फसल बीमा योजना +”आवारा गाय” योजना में बदलाव की मांग उठाई|
फाइल सिंबॉलिक फोटो

Modi+Macron Unveil Plaque Curtain Of UP’s Biggest Solar Power Plant

Modi+Macron Unveil Plaque Curtain Of UP’s Biggest Solar Power Plant
Prime Minister of India Narendra Modi and French President Emmanuel Macron today inaugurated Uttar Pradesh’s biggest solar power plant in Mirzapur district’s Chhanvey block.
The prime minister and the French president pressed a button to energise the solar panels and dedicated the 75 MW facility to the people.
Built at a cost of around Rs 500 crore by French firm ENGIE, the 75 MW solar plant has come up at Dadar Kalan village on the hilly terrain of the Vindhyas range. Some 1,18,600 solar panels have been set up in over 380 acres.
India needs some USD 83 billion between FY2018 and FY2022 to meet its 175 GW target, according to industry estimates.
At present, the country’s renewable energy installed capacity is 63 GW. Solar and wind power tariffs have dropped to an all-time low of Rs 2.44 per unit and Rs 3.46 per unit, among the lowest in the world.
The ISA, headquartered in Gurgaon on Delhi’s outskirts, is now a treaty-based inter-governmental organisation. It was established following the Paris Declaration as an alliance dedicated to the promotion of solar energy among its member countries.

लुधियाना में सरकार बदलते ही स्मार्ट सिटी का प्रोजेक्ट खटाई में पढ़ा

Ludhiana MC[लुधियाना,पंजाब] स्थानीय सरकार के बदलते ही फ़िलहाल स्मार्ट सिटी का प्रोजेक्ट खटाई में पढ़ा |
लुधियाना में लोकल गोवर्नमेंट पर अब अकाली+भाजपा के बजाय कांग्रेस का कब्जा हो गया है | इसीलिए यहाँ की जरूरतों को कांग्रेस के चश्मे से देखा जाना लाजमी माना जा रहा है |सम्भवत इसी उद्देश्य की पूर्ती के लिए अब दोबारा से स्मार्ट सिटी के लिए नागरिकों से सुझाव मांगने की प्रक्रिया को लाया गया है |पंजाब के इस इंडस्ट्रियल शहर को पहले ही स्मार्ट सिटी प्रोजेक्ट में शामिल किया जा चूका है |बेशक केंद्र के इस महत्वकांक्षी प्रोजेक्ट पर पिछली राज्य सरकार के साथ ही म्युनिसिपेलिटी ने भी कोई विशेष रूचि नहीं दिखाई |अधिकांश प्रोजेक्ट गर्भ से निकले नहीं है| खाता पीता यह शहर स्ट्रीट लाइट्स+ट्रैफिक+क्राइम +गन्दगी+सडकों में गद्दों से लगातार जूझने को अभिशिप्त है |कांग्रेस की राज्य और म्युनिसिपेलिटी में सरकारों ने इसे नए नजरिये से देखना शुरू कर दिया है |अब नए प्रोजेक्टस के लिए चंडीगढ़ में मीटिंग्स करके दोबारा सुझाव मांगे जा रहे हैं |खबर यह भी है के इसके लिए अपने ऍनजीओ की चैन को जिन्दा किया जाएगा|इस विषय में म्युनिसिपल कमिशनर जसकिरण सिंह से फोन पर बात नहीं हो पाई|

Lymbyc Solutions Launches World’s 1st Virtual Data Scientist “Lymbyc”

[Bengaluru] Lymbyc Solutions Launches World’s 1st Virtual Data Scientist “Lymbyc”
It takes inspiration from the limbic brain that helps guide humans on ‘why’ we do things.
Data science is a growing market and According to Statistics MRC, the global data science platform market was accounted for $19.75 billion in 2016 and is expected to reach $128.21 billion by 2022 growing at a CAGR of 36.5% during the forecast period.
Speaking at the launch Mr. Satyakam Mohanty, Founder, Lymbyc Solutions, said, “Big Data Analytics have often been used as a validation resource and existing solutions help organizations answer the ‘what’ and ‘how’ kind of business queries at best, but cannot help them understand the ‘why’. Now It automatically learns what is relevant for a business with every interaction and continually curates information for future sharing.
Previously known as Ma Foi Analytics, Lymbyc Solutions Pvt. Ltd. was founded in 2012 to build robust analytical products that melded advanced technology to strong data science foundations to help organizations deal with these core fundamental problems. With a vision to empower the business leader at the point of decision making and to elevate analytics from just being a validation resource to an intervention mechanism with foresight, Lymbyc was conceptualized. Headquartered in Bangalore, Lymbyc Solutions Pvt. Ltd. is a leading edge innovator in advanced analytics solutions serving varied clients across India, the US, Singapore and in the Middle East.

WANdisco Launches Ist Sales Partnership In Chinese Market,Alibaba Cloud

WANdisco Launches Its Ist OEM Sales Partnership In Chinese Market with Alibaba Cloud
WANdisco ,[ Live Data Company] announces it has entered into a non-exclusive OEM (‘Original Equipment Manufacturer’) sales agreement with Alibaba Cloud, the cloud computing arm of Alibaba Group.
WANdisco Fusion will be sold as a standard component on Alibaba Cloud, covering several key aspects including
Live Data migration to Alibaba Cloud,
Alibaba Cloud for disaster recovery and
hybrid big data with Alibaba Cloud.
As per Mr. Hong Tang, Chief Architect of Alibaba Cloud,
“We believe WANdisco’s unique Live Data platform can significantly help our customers to leverage cloud for their data computing demands, whether it is to migrate their on premise data to our cloud, utilize cloud for disaster recovery solutions or maintain a hybrid-cloud solution, while ensuring their data is always available, accurate and protected.”
Mr. David Richards, Chief Executive Officer and Interim Chairman of WANdisco, commented:
“Partnering with Alibaba Cloud marks another significant milestone in our emergence as a critical part of cloud infrastructure. Our channel strategy has enabled us to expand our addressable market by; opening up new use cases for WANdisco Fusion, moving into new sectors, and now, growing our platform in new geographies. This is our first OEM agreement in the Chinese market and Alibaba Cloud is the largest provider of public cloud services in China, which adds significant market reach and scale to our business.”
WANdisco is shaping the future of data infrastructure with its groundbreaking Live Data platform, enabling companies to put all their data to work for the business – all the time, at any scale.
WANdisco makes data always available, always accurate, and always protected, delivering hyperscale economics to support exponential data growth with the same IT budget. With significant OEM relationships with IBM and Dell EMC and go-to-market partnerships with Amazon Web Services, Cisco, Microsoft Azure, Google Cloud, Hewlett Packard Enterprise, Oracle and other industry titans – as well as hundreds of customers among the Global 2000 – WANdisco is igniting a Live Data movement worldwide.