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Showing posts from October, 2014
TORNADO ‘CAG’ LANDFALL HIT BJP GOVERNMENT WITH FULL FORCE OCTOBER 31, 2014  BY  SAGARMEDIA October31, 2014 (C) Ravinder Singh  ravinderinvent@gmail.com Tornado CAG has hit the BJP government with 2G Spectrum Allocations cancelled earlier and now Coal Allocations scrapped since 1993 and SC insisting on release of all Black Money Accounts have all compromised CREDIBILTY of the GoI. Global Ranking in doing business has slipped 8 ranks. Credit to Farmers and rural economy has reduced to just 8% against Vyas Commission Recommendation of 18%. There is actually $160b growth in Bank Deposits but Credits to Industry Declined.. In just five months BJP government is hit by two Cyclones, Unprecedented Kashmir Floods, Uttarkhand Again Hit by Land Slides and most of India hit by drought for first two months of monsoon. FM pleaded with CAG to Dilute SCAMS charges in its reports as taken by media as GAG orders. Gag the CAG  http://www.youtube.com/watch?v=QkE8lVao0Ss     He has to Scr
Arun Jaitley should set a real reforms roadmap  Dear Dr Rajivji, Our FM is in new avatar directing the constitutional body and Chief  CAG , the ways to act  in Public domain. On this ruler voice, May we all have to heed for his directives thus Let us wait for his directives onto various pillars. Three decades back there was saying in public “Bhashan pe koi ration nhai”. No limit on public speech. with regards Nksagar Dr. Rajiv Kumar To me Today at 3:30  PM Dear Mr. Sagar Please see my article this morning in ET.Your feedback and response will be truly appreciated. Best regardsRajiv Kumar Arun Jaitley should set a real reforms roadmap for Raghuram Rajan to consider interest-rate cut. Finance minister Arun Jaitley’s suggestion to the RBI to cut interest rates is well-timed. It follows some key decisions that have signalled the government’s reformist intentions. Also, perhaps more importantly, both the wholesale and retail pric

GAIL registers turnover (net of Excise Duty) of Rs 14,063 crore during Q2 of FY 2014-15

GAIL registers turnover (net of Excise Duty) of Rs 14,063 crore during Q2 of FY 2014-15 31 10 2014 Gross Margin up 37 % to Rs 2,311 crore; PAT up 42 % to Rs 1,303 crore New Delhi, 31 October, 2014: GAIL (India) Limited registered a turnover (net of Excise Duty) of Rs 14,063 crore in the second quarter of FY 2014-15, against Rs 13,945 crore in the corresponding period of previous year. The Gross Margin increased by 37% to Rs 2,311 crore in the second quarter of the current financial year as against Rs 1,685 crore in the corresponding period of previous year. GAIL’s Profit after tax for the second quarter of the FY 2014-15 increased by 42% to Rs 1,303 crore against Rs 916 crore in the corresponding period of previous year. The Profit before Tax increased by 54% to Rs 1,983 crore in the second quarter of the current financial year as against Rs 1,288 crore in the corresponding period of previous year. Segment-wise Revenue During the second quarter of the current financial year
India ranks 142 on Doing Business Index: World Bank (An Analysis) The World Bank in its recent report  ‘ Doing Business 2015: Going Beyond Efficiency’   ranked India at 142 nd  position down from 140 th  position (revised) in the previous year. While, its DTF** (Distance to Frontier) score rose to 53.97 from 52.78 reported in the last years’ Doing Business 2014 report.         Ease of Doing Business, India 2015: Rank & Score Doing Business 2015 Rank Doing Business 2014 rank*** Change in Rank 142 140 -2   ↓ Doing Business 2015 DTF**(% points) Doing Business 2015 DTF**(% points) Change in DTF** (% points) 53.97 52.78 1.19 ↑ Source: PHD Research Bureau, Compiled from World Bank Note: DTF**  is Distance to Frontier which  benchmarks economies with respect to a measure of regulatory best practice showing the gap between each economy’s   performance and the best performance on each indicator.   An economy’s distance to f