BUSINESS AWAAZ

DAIL, GMR Foundation on right path of social responsibility  

Our Correspondent / For nearly a decade, the Delhi International Airport Private Ltd. (DIAL) along with GMR Varalakshmi Foundation (CSR Arm of GMR Group) has been working tirelessly working for the welfare of the underprivileged section of society with humanitarian zeal, transforming their lives for a better future. Their activities under Corporate Social Responsibility (CSR) … Continue reading DAIL, GMR Foundation on right path of social responsibility  

Crude oil price of Indian Basket was $ 31.63/bbl on Feb 01

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 31.63 per barrel (bbl) on 01.02.2016. This was higher than the price of US$ 31.05 per bbl on previous publishing day of 29.01.2016. In rupee terms, the … Continue reading Crude oil price of Indian Basket was $ 31.63/bbl on Feb 01

Plummeting oil prices led to falling Airplane ticket costs: industry experts

AMN / Airline industry experts in New York ahve said that the plummeting oil prices have led to falling plane ticket prices– and prospects for an even bigger bonanza of consumer-friendly fares in the coming months. With fuel prices down by two-thirds from the dizzying heights of mid-2014, when oil topped 100 US dollars per … Continue reading Plummeting oil prices led to falling Airplane ticket costs: industry experts

Jamaat gives suggestions for Budget 2016-17

Seeks 6% of GDP on education, interest-free farm credit AMN / India’s prominent Muslim body the Jamaat-e-Islami Hind (JIH) has made some suggestions related to education, social sector, rural development and interest-free farm credit for inclusion in the Budget for 2016-17. A meeting of JIHs national office-bearers held at its HQRS here deliberated on issues … Continue reading Jamaat gives suggestions for Budget 2016-17

RBI directs banks to conduct thorough internal audit

The Reserve Bank of India has asked all public and private sector banks to conduct a thorough internal audit and submit a report before their respective audit committees. The summary findings are also to be forwarded to the Reserve Bank. The move forms part of the RBI’s efforts to check fraudulent foreign exchange transactions. It … Continue reading RBI directs banks to conduct thorough internal audit

Sushma pitches for a separate market for women entrepreneurs

Union Minister Sushma Swaraj pitched for a separate market for women entrepreneurs to enhance their incomes and advised them to scale up production of commodities they are selling. She was interacting with over 1,000 women entrepreneurs belonging to dozens of Mahila Bachat Guts (self-help groups) in Ghatkopar Friday as part of Prime Minister Narendra Modi’s … Continue reading Sushma pitches for a separate market for women entrepreneurs

Excise duty hiked on petrol by Rs one per litre, on diesel by Rs 1.5

The government has hiked the excise duty on petrol by Rs. One a litre and on diesel by Rs. 1.50 per litre. However, the hike will not result in any increase in retail selling price of the two fuels. The increase in excise duty will fetch the government over Rs. 3,200 crore during the remainder period … Continue reading Excise duty hiked on petrol by Rs one per litre, on diesel by Rs 1.5

Petrol cheaper than drinking water in UAE

Following the collapse of oil prices, petrol has become cheaper than some basic commodities, including drinking water in the United Arab Emirates. Motor-fuel prices have dropped to an unprecedented level, according to the local newspaper The National. One liter of Special gasoline currently costs 40 cents. Meanwhile, you can buy 1.5 litres of Evian potable … Continue reading Petrol cheaper than drinking water in UAE

Indian economy has potential to grow: FM

AMN / Finance Minister Arun Jaitley today said Indian economy has to be put on a sounder platform as country has the potential to grow. Speaking at the ET Global Business Summit in New Delhi, Mr Jaitley said India should aspire for achieving economic growth rates of 8 to 9 percent to lift its people … Continue reading Indian economy has potential to grow: FM

India’s policies should make positive contribution to the world: PM

AMN / Prime Minister Narendra Modi said the people’s welfare should be the basic foundation of any economic reform and the true reforms are those which lead to transform their lives. Addressing the ET Global Business Summit in New Delhi, Mr. Modi called for creating new opportunities for citizens to progress saying opportunity is like … Continue reading India’s policies should make positive contribution to the world: PM

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MARQUEE

SC slams Centre for ‘lethargy’ over upkeep of Taj Mahal

AMN / NEW DELHI The Supreme Court today criticised the Central Government and its authorities for their, wh ...

India, Nepal to jointly promote tourism

AMN / KATHMANDU India and Nepal have decided to promote tourism jointly. This was decided at the 2nd meeting ...