Bharat Finance

Just another WordPress site

Month: May 2013

India to ban phones which do not display radiation levels

From September 2013, India is most likely to ban import of all mobile phones which do not display their radiation emission levels. The Directorate General of Foreign Trade will be issuing a notification asking for mandatory disclosure of specific absorption…

Airlines in US collect record baggage fees

Recent reports state that airlines in the US have collected more than $6 billion in baggage, as well as reservation change fees from passengers in 2012. This has resulted in the highest amount of fees since they become common five…

Stamp prices most likely to rise again

Once again the U.S. Postal Service board will look into hiking the prices of postage stamps on all types of mail. Prices will be hiked as the losses continue to strike the agency. Mickey Barnett, the chief of the board…

Jet Airways to buy more than 100 planes

Indian carrier Jet Airways might soon order more than 100 planes from Boeing and Airbus at the Paris Airshow. The news was revealed by a leading aviation consultancy. A report from the Centre for Asia Pacific Aviation states that Jet…

Rise in demand for petrol cars to benefit Maruti Suzuki

Trend of buying petrol cars is slowly picking up as the price difference between the diesel and petrol is slowly narrowing. The recent development might be good news for Maruti Suzuki and might also put some pressure on the sales…

Air India to resume operation of Boeing 787 Dreamliners

Indian airline carrier Air India has decided to resume domestic operations with the Boeing Dreamliner aircraft as early as next week. The aircraft were grounded for about four months due to a battery problem and the company has replaced the…

Air India to reduce free baggage allowance

Indian airline carrier Air India is all set to lower its free baggage allowance from 20 kgs to 15 kgs in the domestic sector. The airline will start charging a flat rate of about Rs. 200 to 250 per kilo on excess…

BlackBerry services interrupted again

BlackBerry customers across India, as well as in some other countries,  were not able to send and receive emails on May 3, 2013. The subscribers were not able to get messages through the BlackBerry messenger,  as the Canadian company services…

Boeing to compensate Air India for grounding of Dreamliners

The Rajya Sabha was informed on May 2, 2013, that the US-based aircraft manufacturer Boeing, said that it has agreed to compensate the Indian carrier Air India, for the grounding of its Dreamliner aircraft due to battery and fire incidents. KC…

Amul to begin international auction of its products

Indian dairy giant and the makers of the Amul brand, Gujarat Cooperative Milk Marketing Federation, will begin offering some of its products to global buyers. These global buyers will be offered products through an international auction site, starting from next…