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Tough Action to be taken against Striking Air India Pilots
TNI Bureau: The Air India management is considering further crackdown on the agitating pilots as they have not joined their jobs for more than 30 days. Meanwhile, the government termed the strike 'illegal'.
Civil aviation minister Ajit…
100 Ashok Leyland Busses supplied to Ghana
TNI Bureau: Hinduja Group flagship firm Ashok Leyland has supplied 100 'Falcon' buses to Ghana for $7.6 million (about Rs 42 crore). This is the second major order from the West African country after the induction of 160 waste management…
Air India snubs Striking Pilots, to Move On
TNI Bureau: Minister for Civil Aviation, Ajit Singh has talked tough and warned the striking pilots that time is running out for them. The Minister asked the pilots to accept the Dharmadhikari Committee report or call it a day to Air India…
Gold Prices cross Rs 30,000 per 10 Gram
TNI Bureau: For the first time in history, the gold prices surged to a record high of Rs 30,300 per 10 gms. It registered a one-day jump of Rs 1,095 amidst the global financial uncertainty.
This is for the first time gold prices breached…
Petrol Prices: Centre gives Rs 2/Litre Relief to People
TNI Bureau: Call it a gimmick or a decision taken under pressure, the Congress-led UPA Government has rolled back the petrol prices by Rs 2 per litre across the country from midnight today.
The UPA Government has been under pressure from…
Global Oil Prices fall to Eight-Month Low
TNI Bureau: Global oil prices fell to eight-month low on Friday just above $100 a barrel. However, the decline in Indian domestic currency increased a little as it gained 55.89/90 against US dollar.
The sharp fall in global oil prices…
New Telecom Policy paves way for Free Roaming in India
TNI Bureau: The Cabinet on Thursday approved the new Telecom Policy 2012, paving a way for removing roaming charges on mobile phones. The new rule will definitely bring cheer for a number of consumers.
The policy also favours the…
India’s GDP slows to 5.3% in Q4 in FY12
TNI Bureau: India's economic growth rate slowed to 5.3 per cent in the fourth quarter of current fiscal year 2011-12. The sharp decline is the lowest quarterly growth rate recorded in three years.
The growth declined as agriculture,…
Rupee slumps again, closes at 56.24 vs US Dollar
TNI Bureau: The Indian Rupee fell again despite the efforts made by the RBI to revive its fortunes. The Rupee closed at a new low of 56.24 against the US Dollar today.
While the UD Dollar continues to surge against all foreign…
Centre rules out immediate hike in Diesel, LPG Prices
TNI Bureau: While the country is reeling under the Rs 7.50 per litre hike in petrol prices, Oil Minister S Jaipal Reddy has ruled out any immediate hike in diesel, kerosene and LPG prices.
The Oil Minister further added that the…