The union ministry for Petroleum and Natural gas is drawing up a road map to ensure country's self-reliance in fossil fuel and natural gas. while India for now imports up-to 80% of its crude oil needs, the road map seeks to reduce this by further 30-40% over the next three to five years, its minister M Verappa Moily said. Non-oil imports during April - October,
2012-13 were valued at $ 181566.5 million which was 8.2% lower than the level
of such imports valued at $ 197833.6 million in April - October, 2011-12. The
oil price was higher by $ 0.49 per barrel on 9.11.2012 as compared to $105.60
per barrel on the previous trading day's figures of 8.11.2012. The
international crude oil price for Indian Basket as computed by the Petroleum
Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural
Gas increased to $ 106.09 per barrel (bbl) on 9.11.2012. In rupee terms also,
crude oil price went up marginally to Rs 5764.93 per barrel on 09.11.2012 as
compared to Rs 5748.86 per barrel on 08.11.2012, said a government statement on
12th November, 2012. This oil rise was due to rise in price in
dollar terms though rupee appreciation moderated the increase in price in rupee
terms.
Exponential rise in fuel price
Monday, 3 December 2012
Jijo's reason behind joining PGDM program
In PGDM degree the course is quite flexible i.e. the course
mainly designed in taking consideration with what the market wants from the
current Managers. They can easily change the course taking into consideration
that what is needed to be taught to benefit the fresh minds so that once they
join the company they don’t face much problem. Added with PGDM helps an individual
to groom himself as there are lots of value added courses like MSS, Photography
etc. which will make my CV appealing. PGDM also gets an edge over the MBA
graduates as lots of Industry based people comes and teaches the class. Taking PSGIM
in consideration I feel that as the majority of students are from
work-experienced background it helps me to think more rationally and that’s why
I choose PGDM program.
Tarun's Reason behind choosing PGDM programme
The PGDM programmes are offered by autonomous institutions
which are student centric. In PGDM programme the Institutions are responsive to
industry needs and they continuously change their curricula and syllabi to
address the concerns of the corporate world and to incorporate new developments
in the discipline. More importantly, they offer high value added courses
and workshop to enhance the employability of the students and to brush up their
life skills. Hence they not only focus on academics but also on personal and
professional dimensions of a student. Added with all these fact one of the reason why I choose PGDM programme
instead of MBA is that I was told that in PGDM programme the majority of the
student will be from work experience background. Keeping all these facts in
mind I choose to do PGDM degree from PSGIM.
Sunday, 2 December 2012
Tuesday, 16 October 2012
Modern Poem
The sunlight on the garden
The sunlight on the garden
Hardens and grows cold,
We cannot cage the minute
Within its nets of gold;
When all is told
We cannot beg for pardon.
Our freedom as free lances
Advances towards its end;
The earth compels, upon it
Sonnets and birds descend;
And soon, my friend,
We shall have no time for dances.
Hardens and grows cold,
We cannot cage the minute
Within its nets of gold;
When all is told
We cannot beg for pardon.
Our freedom as free lances
Advances towards its end;
The earth compels, upon it
Sonnets and birds descend;
And soon, my friend,
We shall have no time for dances.
-Louis MacNeice
This poem is written by Louis MacNeice
who is an Irish poet. The poet narrates the importance of time. He says that
nothing in life is permanent everything is temporary and we should enjoy each
and every second of our life. As written in our Quran “Time(Al-Asr) is a
witness, that man is surely in a state of loss, except for those who believe
and do good deeds and exhort one another to hold fast to the truth, and who
exhort one another to steadfastness.”(103:1-2)
In this chapter Quran talks about the importance of time and how
important it is make sure that we value it.
Monday, 8 October 2012
exponential rise in diesel price - II
Yet again the Aam aadmi got a
heavy shock when the UPA government decided to revise the Diesel price by 13%.
Diesel which was available for Rupees 45 has now become somewhere around 52.
After a month when we look at the impact of this rise we can clearly understand
the rise in all the basic commodities like rice, pulse, fruits etc. A glance at
the price list at the provision store is enough to bring worry to a person. It’s
high time when you start curtaining your budget. The cascading effect of diesel
price hike is leaving many households high and dry. Talking about the
travelling expense within this two years Coimbatore’s city bus price has almost
doubled. Places where the minimum fare was 2 rupees has now become 5 rupees.
And still our beloved minister
says “if you earn Rupees 32 a month, you will be considered like a family who
is above BPL (Below Poverty Line)”. Somebody should make them understand that there
is a life existing beyond politics. It makes no sense to make such sort of
comment just to get vote of the public.
If this price rise keeps on
happening there will be one day when the suicide rates will increase by extent
which will be tough to stop. It’s high time when some steps are meant to be
taken or else a dream to become a developed one will just become a dream.
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