Plan and Policy

Plan & Policy

Global fall may bring petrol, diesel prices at same level soon

Even without state support, transport fuels — petrol and diesel — may soon be uniformly priced across the country if the current trend of sharper fall in global petrol prices is maintained for another month.

Oil sector experts say that retail price of both petrol and diesel may equate around Rs 70 a litre before the end of the year, making the task of checking the number of relatively higher polluting diesel vehicles easier.

Jet seeks clients’ support to sail through tough times

Cash-strapped Jet Airways has sought support of customers to sail through the difficult times. In a letter to its customers, the airline CEO Vinay Dube appealed them to stay loyal while it is trying to navigate through the current headwinds and continues to be in talks with various investors to raise funds.

Miffed over ‘leaks’ in CBI case, CJI refuses to hear lawyers, CVC

Furious over the leak of CBI director Alok Verma’s reply to the CVC’s report about allegations of corruption against him, the Supreme Court on Tuesday deferred the proceedings in the case to November 29 and reprimanded the lawyers by saying that none of the parties “deserved” any hearing.

The CJI adjourned the hearing to November 29 and said the bench does not want to record any reasons for it and observed, “We don't think any of you deserve any hearing.”

Take appropriate steps amid Jet Airways crisis: Prabhu to pvt airlines management

Virtually ruling out possibility of bailout package for crisis-hit Jet Airways, civil aviation minister Suresh Prabhu (in pic) on Monday said it is for private airlines' boards and managements to ensure that they function properly and take appropriate measures depending on prevailing market conditions. The ministry has also decided not to intervene with respect to Jet Airways' request seeking more time for making payments to airport operators, according to a senior official.

Companies doing little to prepare firms for future, says Report

Even as a majority of companies recognise capabilities which are important for their future success, many are failing to take the action needed to build them into their organisations, according to a report. This gap will put them at risk in the future when it comes to attracting, developing and retaining the talent they need to succeed, according to PwC's 'Future of Work' report.

The report is based on a survey of 1,246 business and HR leaders from 79 countries, including in India.

Trai to meet telcos next month to finalise 2019 agenda

Trai is expected to meet telecom industry players next month, to deliberate on the issues that will be taken up during 2019, its Chairman RS Sharma said Monday.

The discussion — now an annual feature — is however expected to entail a wider set of players in the telecom space this time, spanning operators, infrastructure providers and others.

"The meeting will take place next month. We will talk to them and ask them about the items they think, should be taken up in the next calendar year," Sharma said.

Trying to get Mayawati into mahagathbandhan: Naidu

Congress chief Rahul Gandhi may not be the face of the grand alliance against the BJP. A meeting between Andhra Pradesh chief minister Chandrababu Naidu and his Bengal counterpart Mamata Banerjee in Kolkata on Monday sought to send out this message.

At the joint press conference, Naidu said, “We are all senior politicians. More senior than Mr Modi.” Banerjee seconded him saying, “Everybody is the face of the Mahagathbandhan. We are all totally together. We are working against BJP government.”

Delinquencies up 44% in flood-hit Kerala

Early delinquency bucket of micro finance loans in flood-hit Kerala rose by 44.34 per cent and loan disbursements dropped by 53 per cent in September. Micro Finance Institutions were worst hit by early delinquencies.

Salary dues: Jet pilots not to perform additional duties if not paid by Nov 30

Pilots of cash-starved Jet Airways have warned the airline management to clear their salary dues by November 30, failing which they would not perform any additional duty. The pilots’ body of the airline, National Aviators Guild (NAG), will meet the senior management on Tuesday to discuss payment of pending salaries.

Govt to set up Gold Board soon

Instead of announcing the gold policy, the government will first set up the Gold Board of India (GBI), which will take policy decisions for the industry. The government is likely to make an announcement in this regard in the next 15- 20 days.