Category: Economy

Onion Rising to Topple Govt? :Wholesale Market SkyRocketing

[New Delhi] Onion Rising Again to Topple Govt? :Wholesale Market Shoots Up
Wholesale onion prices in the national capital have shot up to Rs 23 per kg in last ten days on tight supplies from producing states
A similar increase was seen in the retail markets, where the kitchen staple was quoted in the range of Rs 30-40 per kg depending on the quality and locality.
Meanwhile at Lasalgoan in Nasik district of Maharasthra, Asia’s largest wholesale market for onion, prices skyrocketed to Rs 21-22 per kg on reports of a possible drop in the kharif output of the bulb crop because of heat wave in the state.
Their are Eleven major onion producing states

TCS Books Net Profit up 22.6% ,Declares Dividend of Rs 4 Per Share

[Mumbai]TCS Books Net Profit up 22.6% to Rs 7,901 Crore in Q2
The country’s largest software exporter TCS Thursday reported a 22.6 per cent jump in consolidated net profit at Rs 7,901 crore in the July-September 2018 quarter, buoyed by strong demand for digital services.
Tata Consultancy Services (TCS) had posted a net profit of Rs 6,446 crore in the same period last fiscal, the company said in a statement.
The company has declared a dividend of Rs 4 per share.
IT services attrition rate was steady at 10.9 per cent on last 12 months basis

Sidhu Bats For Tourism Industry For Punjab’s Economic Growth

[Chd,Delhi] Sidhu Bats For Tourism Industry For Punjab’s Economic Growth
Punjab Tourism and Cultural Affairs Minister Navjot Singh Sidhu said that the endeavor of Punjab Government is to make tourism contribute 20 percent to Punjab`s GDP.
Secretary, Punjab Tourism and Cultural Department, Vikas Pratap said that the State was making concerted efforts to connect with the people related with Tourism and Hospitality sectors from within India and abroad.
It is pertinent to mention that Punjab and Gujarat were theonly partner States in India Tourism Mart-2018 which was organized by Ministry of Tourism Government of India and Federation of Associations of Indian Tourism and Hospitality(FAITH). The international partner was Kingdom of Morocco.
Sidhu effectively showcased ‘Brand Punjab’ at India Tourism Mart-2018

माल्या का आरोप!जैटली का खंडन !! कांग्रेस में लट्ठम लट्ठ !!!

झल्ले दी झल्लियाँ गल्लां

कांग्रेसी चीयरलीडर

औए झल्लेया ये क्या हो रहा है?शराब कारोबारी विजय माल्या ने लन्दन में पत्रकारों के सामने बता दिया है के पिछले साल भारत से भागने से पहले वोह[माल्या]वित्त मंत्री अरुण जैटली से मिले थे |औए इन भाजपाइयों ने ९००० करोड़ रु का फ्रॉड करने वाले माल्या को जान बूझ कर भगा दिया |अब इस विदेश मंत्री से इस्तीफा ले कर इन्क्वायरी करानी चाहिए


ओ मेरे चतुर सुजान !भगोड़े फ़्राडी माल्या ने आरोप लगाया |वित्त मंत्री ने तत्काल उसका खंडन कर दिया|इसके बावजूद आश्चर्यजनक रूप से आपलोगों ने लट्ठम लट्ठ शुरू कर दिया

AAI Shelves Sea Plane Project in Chilika Lake

[Bhubaneswar]AAI Shelves Water Aerodrome Project in Chilika Lake
The Airports Authority of India (AAI) has dropped the proposed water aerodrome project at Chilika Lake in Odisha,
Susanta Nanda, Chief Executive, Environmentalists and Chilika Development Authority (CDA),are opposing this project

Rodents In Bank,s & Dogs In ATMs Making Picnic

[Meerut,Muzaffarnagar,UP] Rodents In Bank,s & Dogs In ATMs Making Picnic
These close days Rats Making Picnic in Banks And Dogs Enjoying space in ATMs
Banks are enjoying their festive holidays so their ATMs are also dry
As a result of which Rats in a closed bank in UP’s Shamli district made its burglar alarm go off
The rodents breached the alarm system at a branch of the Indian Bank Monday, making the siren go off, police said.
As per information,there were no bank officials present, as it was a holiday on account of Janmashtami.
Local residents made branch manager and police, to rush to the spot

Largest Lender SBI Hikes Lending Rate by .02%

[New Delhi]SBI Hikes Lending Rate by .02%
Home, auto and other loans would become costlier as the country’s largest lender SBI Saturday increased its benchmark lending rates or MCLR by 0.2 per cent, a development followed by other lenders.
The new rates are effective from today.
State Bank of India (SBI) has increased the lending rate by 20 basis points across all tenors up to three years.
The rate hike by bank comes a month after the Reserve Bank of India (RBI) hiked benchmark lending rate called repo rate by 25 basis points to 6.5 per cent.

Capt Launches Punjab Property Module[PUDA] On Mobile also

[Chd,Pb]Capt Launches Punjab Property Module[PUDA]
Punjab Chief Minister Capt Amarinder Singh today launched PUDA 360, an e-properties module to facilitate online property transactions.
It is aimed at bringing greater efficiency and transparency in the functioning of Punjab Urban Planning and Development Authority (PUDA).
Dedicating the online services to the people, the chief minister said the applicants would now get the option of submitting applications through online or offline systems. The facility would save precious time and money for the allottees,
Housing and Urban Development Minister Tripat Rajinder Singh Bajwa told the chief minister that the module would be web-based and would also be available as an mobile application.
HDCF Bank has partnered in the development of PUDA 360 web and mobile application

उद्योग भवन में ई-चार्जिंग स्टेशनों का उद्घाटन

[नई दिल्ली] उद्योग भवन में ई-चार्जिंग स्टेशनों का उद्घाटन
केन्द्रीय भारी उद्योग एवं सार्वजनिक उपक्रम मंत्री अनंत जी. गीते ने नई दिल्ली के उद्योग भवन में दो चार्जिंग स्टेशनों, एक फास्ट चार्जिंग (डीसी) के लिए तथा दूसरा स्लो चार्जिंग (एसी) स्टेशन का उद्घाटन किया। यह भारी उद्योग विभाग के स्वच्छता पखवाड़ा का एक हिस्सा है। ई-वाहनों की चार्जिंग को सुगम बनाने के लिए उद्योग भवन के परिसर में आठ चार्जिंग स्टेशनों की स्थापना की गई है। जिनमे से में से, दो फास्ट चार्जिंग स्टेशनों की स्थापना
बीएचईएल जबकि छह स्लो चार्जिंग स्टेशनों की स्थापना
एनर्जी इफिसिएंसी सर्विसेज लिमिटेड (ईईएसएल) द्वारा की गई है।
फोटो कैप्शन
The Union Minister for Heavy Industries and Public Enterprises, Shri Anant Geete inaugurating the charging station for e-vehicles, in the Premises Udyog Bhawan, New Delhi on August 28, 2018.

Jaitely Quotes IMF and Supports Reforms Of Indian Economy

Arun Jaitely Finance Minister[New Delhi] Jaitely Quotes IMF and Supports Reforms Of Indian Economy
Finance Minister Arun Jaitley has cited IMF reports to highlight how the Narendra Modi-led government through a series of reforms has transformed the “weak economy” it inherited from the UPA government.
Jaitley, in a Facebook post, said ,report of 2014 talks about weak economy during the UPA government and the latest points at near-term macroeconomic outlook broadly favorable and growth forecast rising to 7.3 per cent in FY 2018-19, he said.
Quoting the IMF report of 2014, released in February, Jaitley said there was high fiscal and current account deficits as well as a standstill in infrastructure, power and in the allocation of natural resources.
Taking leaf out of 2018 report, Jaitley said, “Stability-oriented macroeconomic policies and progress on structural reforms continue to bear fruit.”
Quoting from the report he said, economic risks were tilted to the downside.
Domestic risks pertain to tax revenue shortfalls related to continued GST implementation issues and delays in addressing the twin balance sheet problems and other structural reforms, he added.