Search Results for: job losses

Air India to Hire 100 New Pilots; Sacked Pilots May Re-enter by Applying Fresh

After trying hard to resolve the issue over the ongoing strike of pilots for more than 30 days now, Air India finally took a concrete stand to completely close the doors for agitating employees and hire new pilots to resume its operations as soon as possible.

Jun 7, 2012

Coalgate Scam: CBI To Probe Allocation Of Coal Blocks

The Central Bureau of Investigation reportedly will hold a preliminary probe into the controversial allocation of coal blocks between 2006 and 2009.

Jun 1, 2012

Petrol Price Hike To Severe Public Health Risk, Favours the Rich: CSE

Amidst criticism and protest from various political parties and the public over the hike of petrol price by over seven rupees, Centre for Science and Environment (CSE) has come down heavily on the government, saying that the hike favours the rich and will severe public health.

May 25, 2012

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Petrol Price Hike: 5 things to Watch Out For

The announcement of the government to hike petrol price by Rs 7.50 per litre, which will come into effect on Thursday, has not gone down too well with the public and government allies. The Bharatiya Janata Party (BJP) is even planning a nation-wide bandh to demand immediate rollback of the petrol price hike.

May 24, 2012

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Treasury Considers Phase Out of Accelerated Depreciation for Some Industries to Attain Budget Surplus

The Treasury is studying the phase out of accelerated depreciation and research and development tax breaks for some industries for the Gillard government to deliver its promise of a budget surplus by 2012-13.

Mar 30, 2012

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Union Budget 2012-13: Highlights

Finance Minister Pranab Mukherjee Friday presented the budget for 2012-13 in the Parliament. Here are the highlights of the budget.

Mar 16, 2012

Indian Budget 2012-13: What the Industry Expects from FM

The Government of India is scheduled to present the Union Budget for FY2013 on March 16, which is crucial for the economy and markets.

Mar 15, 2012

Government Targets 95.04 Lakh Hectares for Cultivation of Bt. Cotton in 2011-12

The area under Bt. Cotton, the only genetically-modified crop, approved for commercial cultivation by the Genetic Engineering Appraisal Committee (GEAC), is reportedly set to be cultivated across 95.04 lakh hectares, for the year 2012-12, according to a statement by the Minister of State for Agriculture and Food Processing Industries.

Dec 21, 2011

India Gold Expected to Fall Due to Weak Equity Markets

Gold futures, which hit their lowest level in a week, are likely to extend losses following weak equity markets, while silver is likely to extend losses by more than 2 percent following the yellow metal.

Dec 12, 2011

BSE Sensex Falls Following Dip in Industrial Output

The BSE Sensex extended losses to 0.7 percent on Monday after government data showed the industrial output in October contracted 5.1 percent, a much sharper-than-expected drop.

Dec 12, 2011

No Rollback on FDI in Retail: Govt

The opposition parties and allies of the UPA government are against retail reform but the government is not ready for a rollback. The government wants FDI in retail sector to boost India's economy.

Dec 2, 2011

AerCap Holdings to Take Back 2 Kingfisher Planes

Debt-ridden Kingfisher Airlines is set to face another problem. AerCap Holdings NV, one of the airine's lessors, is reportedly ready to re-claim two of its aircrafts.

Nov 24, 2011

Jaipal Reddy Hopes for Fuel Price Review

With oil companies losing crores of rupees every day on selling fuel below cost, Petroleum Minister S. Jaipal Reddy said that he would convene a ministerial panel meeting to review prices of fuel sold at subsidised rates.

Nov 2, 2011

Day 17: Economic and Social Perspective of Telangana People's Strike

As the ongoing Telegana 'People's strike' entered the 17th day, the intensity of the strike and the loss to social and economic condition has also increased. In the recent development the JAC (Join Action Committee) has seized the residence of Congress ministers and legislators in Hyderabad. But the public transport and power production are paralyzed due to the ongoing stir which was launched by JAC (Join Action Committee) on Sept. 13 demanding separate statehood for Telangana

Sep 29, 2011

Lokpal vs. Jan Lokpal Bill: Who's Saying What?

Anti-corruption crusader Anna Hazare's core committee is meeting to decide its strategy after the Prime Minister applauded Anna Hazare and the Lok Sabha appealed to him to end his 10-day-old fast.

Aug 25, 2011

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