Monday, 3 December 2012

Exponential rise in fuel price rise-3

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. 

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.