Showing posts from August, 2010

Rare Praise

Aug 5 (PTI) The Opposition National Democratic Alliance (NDA) received a rare compliment from Finance Minister Pranab Mukherjee on 5th August when he praised the BJP-led front for its decision to deregulate petroleum prices during its six-year rule. "And I must thank the NDA government, who came to power in 1998 and who took this decision (to free the pricing)," Mukherjee said while replying to a debate on the inflationary pressure on the economy.
Mukherjee said the NDA government's pricing policy, which was later discontinued, helped the country to increase its refining capacity.
The BJP-led NDA government had in 2002 freed petrol and diesel prices, resulting in a revision in rates on the 1st and 16th of every month. The deregulation that began from April 1, 2002, was discontinued in January, 2004, on the eve of the General Election. The deregulation was done as per a roadmap decided in 1998. All other petroleum products other than petrol, diesel, domestic LPG, kerosene…

IRCTC Record

Aug 5 : IRCTC, which could lose its monopoly in the e-ticketing business after a recent decision by Railways, has registered the highest ticket sale on a single day on Tuesday with the figure touching Rs 25.16 crore.
About 5.49 lakh passengers booked 3,16,412 tickets on August 3 through its website which was the highest booking achieved so far since the organisation came into being eight years back, an IRCTC official said today.
Ironically, this comes against the backdrop of Railways deciding to start an e-portal which would also sell rail tickets apart from providing other services. The move could end IRCTC's monopoly in this business.
The official said on August 3, IRCTC also registered another record by selling 27,782 e-tickets in a single hour between 12 pm and 1 pm. It also marked booking of 42 per cent of all railway tickets. The feat also comes in the backdrop of the organisation banning IRCTC's web-based agents from selling e-tickets from 8 am to 9 am after complaints …