Mumbai-Delhi trains at to run at 200kmph
Before bullet trains become a reality in India, the Indian Railways is gearing up to reduce the travel time between Mumbai and Delhi. Indian railways is all set to introduce semi-high-speed trains, which have a top speed of 200 kmph. An…
New Railways Minister hints at passenger fare hike
After the major cabinet shuffle, the new railways minister Pawan Kumar Bansal has brought some bad news for railway passengers. The minister has hinted about a possible price hike to improve railway services. When asked if passenger fares would be…
PepsiCo slashes prices of 600 ml PET bottle
Popular soft drink manufacturer, PepsiCo has announced that it has cut the prices of Pepsi 600 ml PET bottles. The price of the PET bottles will now be Rs. 25, down from Rs. 28, so as to push sales up…
Oil companies already making profits on petrol
Oil companies in Pakistan will cut the prices of petrol by Rs. 6 per litre effective October 8, 2012. The consumers in India may not be able to experience such luxuries, despite the fall in global crude prices and the rupee’s rise…
Food prices likely to rise due to diesel hike
After a whopping hike in the prices of diesel there are chances that the prices of food might even go up. The retail prices of the essential food items like wheat and edible oils are expected to go up marginally…
Users to pay at kirana stores through mobile
Now even the micro transactions for the payments of local taxi fares and kirana stores are all set to go cashless. Such micro transactions can be made possible with the help of National Payment Corporation of India on September 10,…
Petrol, diesel, kerosene and LPG likely to go up after monsoon session
The Finance Ministry has said that it does not have any money to provide for fuel subsidy. This has hinted that there are possibilities that there might be a hike in the prices of petrol, diesel, domextic cooking gas (LPG)…
Prices of aviation turbine fuel hiked
In some additional burden for the aviation industry in India, the jet fuel prices have been hiked by a steep 7.6 percent. This is the biggest ever increase which has taken the price to the all time high of Rs….
RBI to introduce rupee symbol in Rs. 1,000 rupee note
The Reserve Bank of India on August 28, 2012 said that it will soon be launching Rs. 1,000 denomination bank notes with the rupee symbol. Till now the Rs. 1,000 rupee note did not have the rupee symbol which was…
Milk prices not to be increased despite dry weather
This year, India has been hit by below-average monsoon in many parts of the region. Despite the drought like conditions in the major milk production regions, milk is available in abundance with fears that the prices might rise. However, there…