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WPI inflation remains 23-month high of 3.55% in July

Wholesale inflation soared to a 23-month high of 3.55 per cent in July as vegetables, pulses and sugar turned costlier. The wholesale price-based inflation, reflecting the annual rate of price rise, in June stood at 1.62 per cent. In July 2015, WPI inflation was (-)4.00 per cent. The wholesale inflation last witnessed at a higher […]

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Air India’s direct flight from Ahmedabad to Newark via London

From today Air India is going to fly direct from Ahmedabad to London Heathrow and the same aircraft will fly on to Newark – an airport in New Jersey. A direct flight service from Ahmedabad to London starts from Sardar Patel Vallabhbhai Patel International airport.  This is a popular route among NRGs  from Gujarat staying in […]

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Had wonderful tenure; results to be visible in 5-6 yrs: Raghuram Rajan

Terming his tenure as “fantastic”, RBI Governor Raghuram Rajan today said snap judgements by critics do not matter as he has made useful contributions and the results will visible in the next 5-6 years. Making light of his critics, he also said there are people who send him ‘anonymous thank you notes’ even when he […]

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Rajya Sabha unanimously clears GST Bill

Today evening i New Delhi, Rajya Sabha in Parliament has set the stage for the roll-out of a uniform goods and services tax with the initiation of the debate on the The Constitution (122nd Amendment) [GST] Bill, 2014. Voting for every clause is invited which is increasing the number of voters from 197 to 201 […]

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Seventh pay commission to Gujarat government employees from 1st August announces CM

Gujarat Chief Minister Anandiben Patel has announced that her government will give benefit of seventh pay commission to State government employees with effecr from 1st August 2016. With Seventh pay implementation 4.65 lakhs state government employees and 4.12 lakhs pensioners will be benefitted. CM decided to accept the recommendations of seventh pay commission as declared […]

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Bank strike observed today affects 80,000 branches in India

Today Banking operations will be impacted in India with around 10 lakh bankers of 40 private and state-run banks on strike, will work in protest against the central government’s banking policies, a union leader said on Thursday. “The strike is going on.  We are unaware of any case filed by the banks or the Indian […]

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PM Modi calls for ‘stronger and closer’ ties with new British PM

Prime Minister Narendra Modi has spoken to Britain’s new Prime Minister Theresa May congratulating her on her assumption of office and discussed with her “stronger and closer” bilateral ties, including in trade and defence. During the telephonic conversation yesterday, Modi also appreciated the UK’s consistent support to India in various global fora, the MEA spokesperson […]