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| Special scholarship for talented youth Excelsior Correspondent JAMMU, Mar 25: Luminous Power Technologies Pvt. Limited honoured the rising cricket star of.....more Buyer-Seller
meet a Excelsior Correspondent JAMMU, Mar 25: Asserting that Buyer-Seller Meet provides a platform to producers and consumers for promotion of mutual ....more Sugar prices declined on sluggish demand NEW DELHI, Mar 25: Sugar prices of Modinagar Amroha millgate declined by Rs 5-10 a quintal in the wholesale sugar market today on increased selling amid ........more Select
pulse prices NEW DELHI, Mar 25:Prices of masoor, moth and malka moved down in the range of Rs 50-100 a quintal in the ....more |
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StanChart raises stake in M&M Financial Services to 5 pc MUMBAI, Mar 25: Foreign fund house Standard Chartered Pvt Equity has increased its stake in Mahindra and Mahindra .....more Exporters'
pet duty NEW DELHI, Mar 25: Barely a month before the annual review of the Foreign Trade Policy, the government today said it is considering extension of exporters' flagship tax refund scheme, Duty .,.....more NEW DELHI, Mar 25: Wheat dara prices hardened by Rs 10 a quintal in the wholesale grain market here today following reduced arrivals from producing regions .....more Gail
to transmit 81.5 mmscmd of gas NEW DELHI, Mar 25: State-run gas utility GAIL India will transmit around 81.5 million standard cubic meters of gas per day in ....more |
Special scholarship for talented youth Excelsior Correspondent JAMMU, Mar 25: Luminous Power Technologies Pvt. Limited honoured the rising cricket star of country, S Sreenath with the title, "Luminous Ghar ka Charag" and a cash award of 1000 pounds, in a special ceremony held at Delhi. To keep the momentum going on, the company also announced scholarship programme under the same title with an objective to promote talented youth who lack the resources. While announcing the Luminous Ghar Ka Charag Sch-olarship programme, Founder and CEO of the company, Rakesh Malhotra said, "Most of the exceptionally talented youth lack the resources to exploit them fully. The scholarship will help these youngsters to bring positive cha-nge in the society through their talent which will contribute to social welfare." Under this initiative, exceptionally talented kids in the field of sports, academics, art and culture, social work and bravery will be awarded an amount worth Rs five lakhs. The scholarship will be open to all Indian citizens under the age of 21. A jury of eminent scholars and achievers will judge the contestants and award the most outstanding achievers in all the categories. Ghar Ka Charag scholarship will be PAN India programme and will be announced through different channels of communication. An entry form for this contest can be acquired from Luminous dealers, website or directly from the corporate office. Buyer-Seller meet a platform to
promote Excelsior Correspondent JAMMU, Mar 25: Asserting that Buyer-Seller Meet provides a platform to producers and consumers for promotion of mutual business interest, the Minister for Industries and Commerce Nawang Rigzin Jora today said that such Meet facilitate purchase of locally manufactured items by other industry units- bulk consumers- who otherwise import materials from outside State. The Minister was addressing a large gathering at a function held at Bari-Brahamna today. The function was jointly organized by Directorate of Industries & Commerce Jammu and Federation of Industries Jammu. As many as, 86 industrial units from Jammu division installed and displayed their products during the Meet. Mr Jora said that in order to lend marketing support to the local industrial units, the Department of Industries & Commerce has been holding industrial and handicraft exhibition on regular basis, adding that 32nd Industrial & Handicraft exhibition held in the exhibition ground Jammu in November 2007 was a resounding success. He said that this Buyer-Seller Meet being held after a gap of 10 years would help to promote better understanding between major buying organizations of the Central Government and local industrial units. The Minister said that the Meet would also provide opportunity to the local industrial entrepreneurs to showcase their products besides facilitating on the spot business deals. Likewise, it also helps ancillary units to exhibit their products and interact with the bulk consumers and promote business alliance between small, medium and large-scale industries. Among others, Commissioner/Secretary Industries & Commerce Dr. Pawan Kotwal, Director Industries & Commerce Pardeep Gupta, Managing Directors SICOP & SIDCO S. B.S. Dua and Irfan Yaseen, General Managers DICs Jammu, Samba and Kathua and representatives of various industrial associations present on the occasion. Sugar prices declined on sluggish demand NEW DELHI, Mar 25: Sugar prices of Modinagar Amroha millgate declined by Rs 5-10 a quintal in the wholesale sugar market today on increased selling amid reduced offtake by retailers. Marketmen said selling pressure from mills amid sluggish demand mainly helped Modi nagar Amroha prices to decline. Among mill gate section, Modi nagar shed Rs 5 to Rs 1,515 a quintal while amroha slipped to Rs 1,490 from previous level of Rs 1,500 a quintal. Following were today quotations per quintal: Sugar ready M-30 1620-1690 and S-30 1600-1680. Mill delivery M-30 1460-1565 and S-30 1450-1560. Sugar mill gate prices (excluding duty): Modi Nagar 1520,Bagpat 1455, Daurala 1545, Chandpur 1370, Titabi 1600, Mawana 1570, Simbhawali 1590 Khatauli 1605, Badaiun 1370, Sattha 1355, Ruderavilash 1375, Bijnor 1505, Amroha 1500 and Samali Rs 1560. (PTI) |
Select pulse prices down on sluggish demand NEW DELHI, Mar 25:Prices of masoor, moth and malka moved down in the range of Rs 50-100 a quintal in the wholesale pulses market today following increased arrival from neighbouring states coupled with poor demand by stockists and retailers. Masoor small and bold lost Rs 50 each to Rs 3,000-3,150 and Rs 3,350-3,450 a quintal respectively. Its dal local and best quality followed suit and traded lower to Rs 3,850-4,050 and Rs 4,150-4,450 a quintal respectively. Moth weakened by Rs 100 to Rs 1,800-1,900 a quintal. Malka local and best quality also went down by Rs 100 each to Rs 4,000-4,200 and Rs 4,250-4,400 a quintal respectively. Marketmen said increased arrivals from neighbouring states against lack of buying interest from stockists and retailers mainly pulled down select pulses. Following were today's quotations (per quintal): Urad Maharashtra 2225-2400, Rangoon 2350-2375, Urad chilka (local) 2900-3100 , best 3100-3500, dhoya local 3100-3400, best 3500-3600, Moong Maharashtra 2350-2650, Rajasthan 2100-2350, dal moong chilka local 2800-3050, best 3100-3400, moong dhoya local 2900-3150, best quality 3100-3550, masoor small 3000-3150, bold 3350-3450, dal masoor local 3850-4050, best quality 4150-4450, Malka local 4000-4200, best 4250-4400, Moth 1800-1900, Arhar Maharashtra 2750-2800, Rangoon 2550-2625, dal arhar dara 3650-3850 and patka 3700-4000. Gram 2650-2700, gram dal (local) 2975-3025, best quality 3100-3300, besin (35 kg) shakti bhog 1330, rajdhani 1350, Rajmah chitra Pune 3300-3900, China 3600-3950, red 3200-3300, kabli gram small 2750-3500, dabra 2775-2875, imported 4600-4700, lobia 2200-2600, peas white 2350-2400 and green 2400-2500. (PTI) |
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Exporters' pet duty refund scheme may be extended by a year NEW DELHI, Mar 25: Barely a month before the annual review of the Foreign Trade Policy, the government today said it is considering extension of exporters' flagship tax refund scheme, Duty Entitlement Pass Book (DEPB), for another year. "We are discussing extension of the DEPB scheme for one year and things would be decided by the end of the month," Commerce Secretary G K Pillai said on the sidelines of a CII function here. He indicated that the government would provide measures in the ensuing trade policy to the employment-oriented export sectors. The commerce ministry is seeking extension of the interest subsidies offered to exporters on their bank loans beyond March 31, he said. The government had appointed an expert committee to work out a feasible alternative to the DEPB scheme, which had come under the WTO scanner. However, it has not been able to find an acceptable alternative to the DEPB due to opposition from the exporters. The DEPB scheme, which has been extended on an year-to-year basis, is slated to expire by end of this fiscal. Exporters' margins have been eroding due to an over 12 per cent rise in value of the rupee against the dollar. (PTI) |
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