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Diesel prices hiked by 87 paise in India while Petrol becomes dearer by 36 paise

Written By Boneless Research on Sunday, 15 November 2015 | 15.11.15


As a part of fortnightly review of retail prices of petrol and diesel by Oil Marketing Companies (OMCs) in India, Petrol becomes dearer by 36 paise while Diesel is costlier by 87 paise from Sunday midnight. The rise in prices driven by increased oil prices in international market and impact of USD to INR exchange rate in FOREX markets.
 
 
As retail prices of Petrol and Diesel in India are de-regularized by the government, revision takes prices on 1st and 16th day each month. All three major state owned OMCs – Indian Oil Corp (IOC), Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL) fixed prices based on average fortnightly impact of global oil price movement and foreign exchange rate.

As a result of recent price hike, Petrol would cost at ₹61.06 per litre in Delhi while Diesel price will be ₹46.80 per litre. 



You may like to read   More than 2,000 solar powered fuel outlets in India by year end

Jet Airways to expand its fleet with new 75 fuel efficient aircrafts from Boeing

Written By Boneless Research on Wednesday, 11 November 2015 | 11.11.15


India’s second largest airline, Jet Airways buying 75 new fuel-efficient Boeing 737 MAX aircrafts to expand its fleet. As a part of its ambitious growth plans coupled with focus on replacing aging fleet, Jet Airways opted for highly efficient 737 MAX from US-based aircraft manufacturer Boeing (NYSE: BA). At a list price, order size is estimated at $8 billion which is largest single order till date by Jet Airways (NSE: JETAIRWAYS). Deliveries of new aircrafts would begin by mid-2018.

Aviation fuel in India is costlier compared many countries in the world. Currently, jet fuel costs 60% more in India than Singapore. As a result, focus on acquiring fuel efficient aircrafts to achieve better cost structure is increasing among Indian airline companies. Newer aircraft improves at least 15%-20% fuel efficiency for airline. While cost of aviation fuel is about 50% of revenue of airline company in India.
 
Jet Airways is facing stiff competition from Low Cost Carriers (LCCs) such as Indigo, Spicejet, GoAir and many more. As a result, improving profitability through rationalization of cost structure is primary focus for the company. Moreover, efficient and modern fleet would help Jet Airways to take advantage of expanding domestic market coupled with serve international routes effectively.  


 

General Electric (GE) bagged $2.6 billion deal from Indian Railways

Written By Boneless Research on Tuesday, 10 November 2015 | 10.11.15


General Electric (GE), US-based diversified infrastructure and financial services company (NYSE: GE) won $2.6bn worth of contract to supply 1,000 diesel locomotives to Indian Railways. State-owned rail network which is one of the largest in the world is looking for infusing foreign capital modernization.

As a part of deal, GE would invest $200 million to set up state-of-art local manufacturing and service facilities in India. As a part of 11-year period to service locomotives, the manufacturing facility would come up in eastern state of India, Bihar. While two maintenance sheds would be set up at other locations in the country.  

 
The Government of India is targeting to invest about $137 billion by 2020 to modernize and upgrade Indian Railways. It would help more than 23 million daily rail passengers as well as boost cargo movement via rail network.
GE won this prestigious and important contract beating Canada's Bombardier and Germany's Siemens. Soon, winner of multi billion contract to supply Electric Locomotives would be announced by Indian Railways.

“Faltupana.In”-Leading Marathi Info-Entertainment site crossed 3 million mark

Written By Boneless Research on Monday, 9 November 2015 | 9.11.15


“Marathi” language has gained prominent place in the web world with increasing number of visitors over last few years. To address need for interesting and informative content in Marathi, Nashik based creative young man ‘Kaustubh Shukla’ started Info Entertainment portal called www.faltupana.in

Due to its interesting, intriguing and informative content; portal became rally popular and one of the most visited one among Marathi net users. Especially, light hearted humorous content on the site is highly popular among youth.
 
The journey of www.faltupana.in started in June 2012 and within 3 years it crossed 3 million visitors mark. On 8th November 2015, website received its 3 millionth hit. Notably apart from Maharashtra, portal has viewers from other parts of India as well. While Marathi population residing in the US, UAE and Europe also look at www.faltupana.in as their favourite Marathi portal.


 

Nitish-Lalu celebrates thumping victory in Bihar as BJP in a state of shock


Bihar Assembly Election Results - 2015 brought back duo of Nitish Kumar and Lalu Prasad Yadav strongly on political map of Bihar and India. Counting of votes for election which was held in 5 phases during October and November resulted in thumping win for Mahagathbandhan. Out of 243 seats in Bihar Assembly, RJD-JDU-Congress bagged 178 seats crossing 2/3rd majority mark. While BJP led NDA who’s campaigned was centered on Modi-Amit Shah duo managed only 58 seats. Most surprised package of these results was RJD chief Lalu Prasad Yadav who made historic comeback on National political scene with 80 seats becoming single largest Party.

 
Bihar voters decisively voted to bring back Vikas Purush Nitish Kumar who made hat-trick to continue as Chief Minister for next 5 years. JDU won 71 seats out 101 which they contested while party got 64.2 lakh votes (16.8%). RJD with 80 out 100 seats got 69.95 lakh votes (18.4%). Bihar results came as big relief for Congress party which won 27 out of 42 seats getting 25.4 lakh votes (6.7%). The combination of Yadav and Muslim was intact with RJD-JDU coupled with considerable support from young and female voters who supported Nitish Kumar’s Bihar development model.

 
For BJP, Bihar is second consecutive huge defeat after crushing in Delhi in the hands of Arvind Kejriwal led Aam Aadmi Party (AAP). The party could win just 53 seats out of 157 fought getting 93.1 lakh votes (24.4%). The dismal performance of its allies added woes of NDA as LJP (2/42), RLSP (2/23) and HAM (1/21) seats fared poorly in election. The wave for Nitish Kumar was such that BJP lost almost 5% vote share compared with Lok Sabha 2014 election. The RJD-JDU-Congress got 41.9% votes while NDA 34.1% resulting in landslide victory for Mahagathbandhan.





Surprisingly, Shiv Sena which is ally of BJP in Maharashtra contested on more than 100 seats and got 2.1 lakh votes. They also managed to become catalyst for defeat of 3 BJP candidates showing their nuisance value. Bihar election results would have long lasting impact political scenario of India as non BJP politics would be centered around it in future.

It would be interesting to see how BJP reacts to these results in coming days and make changes at both organizational as well as inside government. One is thing is for sure that in India, nobody should take common voter for granted and continuous performance evaluation goes on.
Prime Minister Modi declared special package for poll bound Bihar worth ₹1.25 Lakh Crore

Top 7 recipes you must eat in Diwali

Written By Boneless Research on Sunday, 8 November 2015 | 8.11.15

Diwali is most important festival in India and celebrated across all parts. The festival is light is a divine celebration for victory of good over bad. Apart from lighting and firecrackers one most important angle about Diwali celebration is unique recipes which are prepared.
 
Although due to today’s modern and urbanized lifestyle, people spend less time at home during celebrations. But Diwali has always been exception where entire family comes together to celebrate happiness.
Let us look at Top 7 recipes you must eat in Diwali
Sweet Shankarpali
Popular snack which is prepared both as sweet and salty. However, sweet Shankarpali is more famous during Diwali.
Ingredients: Ghee, Sugar, Milk, Maida/ wheat flour, Oil and salt
 
Chakali
Spiral shape snack is very famous due to its taste as well as crispiness. Diwali faral is incomplete without Chakali.
Ingredients for Chakali Flour: Chana Dal, Urad Dal, White Rice, Cumin seeds and Coriander seeds
Ingredients for Chakali Recipe:
Chakali Bhajani (Chakali Flour), water, Asafoetida Powder, Sesame seeds, Carom Seeds (Ajwain), Red Chili Powder, Ghee, Salt and Oil
 
Karanji
Karanji also known as Gujiya is traditional sweet made during Diwali as part of faral. It is filled with soft coconut, jaggery, semolina and spices.  
Ingredients: Grated Coconut(dry / fresh), powdered Sugar / Jaggery, Cardamom Powder, Poppy seeds , roasted Fine Rava (Semolina) all for filling while Maida, Pure Ghee, Milk, salt and oil for covering.
 
Poha Chivda
Poha Chivda made from rice flakes is one of most popular Diwali recipe in India. Amazing part of taste in Poha Chivda is you get all flavors such as spicy, salty and sweet.
Ingredients: Thin Poha, puffed rice / murmura, peanuts, chana dalia, cashewnuts, raisins, sliced dry coconut, green chilies, coriander powder, cumin powder, red chilli powder, turmeric powder, safoetida, sugar, salt and oil
 
Anarsa
Popular Diwali sweet made from white rice and jiggery is very famous in Maharashtra and Central India. Unique taste of Anarsa comes due to high proportion of jiggery added in it.
Ingredients: white Rice, grated jiggery, Poppy seeds (khaskhas) and Oil/ Ghee
 
 
Besan Laddu
Besan laddu is very popular sweet item across all parts of India. During Diwali sweet and mithai menu is incomplete without Besan Laddu.
Ingredients: Besan, Ghee (melted), Powdered Sugar, Cardamom Powder (optional), Raisins, cashew-nuts, Almonds chopped
Sev
Diwali faral is perfect mix of sweet, salty and spicy items. Sev is considered as necessary Diwali faral item served with Chivada, Chakali and sweets. Cripsy Sev made in variety of sizes makes Diwali snack interesting and tempting.
 
These are Top 7 recipes you must eat in Diwali to celebrate festival of lights. But nothing would give you more joy than enjoying these items with family and friends together.
 

India Beats South Africa to Win First Test at Mohali

Written By Boneless Research on Saturday, 7 November 2015 | 7.11.15


Indian cricket team led by young captain Virat Kohli made impressive start to 4 match series against South Africa at Mohali. India beats South Africa by 108 runs to take 1-0 lead in the series. India made 201 and 200 while South Africa replied with 184 and 109 runs in their respective innings.


Murali Vijay (75 and 47) batted well in both innings while Pujara made gusty 77 in second innings to help India to post winning total. From South African side, Captain AB de Villiers made 63 runs in 1st innings as all his teammates faltered against Indian spinners.

Ashwin took 5-24 and 3-39 while left arm spinner Jadeja bowled to get 3-55 and 5-21. Ravindra Jadeja was also adjudged as Man of the Match for his all-round performance in his comeback match.


Indian team would be happy to start very important test series on winning note as South Africa got better off them in ODI and T20 series recently. Second test match of the series would be played at Bengaluru between 14th to 18th November.  

 

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