WPI inflation hits 23-month high of 3.55% in July

Wholesale inflation soared to a 23-month high of 3.55 per cent in July as vegetables, pulses and sugar turned costlier. The wholesale price-based inflation, reflecting the annual rate of price rise, in June stood at 1.62 per cent. In July 2015, WPI inflation was (-)4.00 per cent. The wholesale inflation last witnessed at a higher level than the July 2016 was in August 2014 at 3.74 per cent. Wholesale price index (WPI) inflation in vegetables shot up by 28.05 per cent in July, while that in pulses rose 35.76 per…

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ASCI UPHELD COMPLAINTS AGAINST 109 OUT OF 155 ADVERTISEMENTS

In May 2016, ASCI’s Consumer Complaints Council (CCC) upheld complaints against 109 out of 155 advertisements. Out of109 advertisements against which complaints were upheld, 41 belonged to theHealthcare & Personal Care category, 23to theEducation category, followed by 12 in the Food & Beverages category, 9 in the E-commerce Category, 9 in Consumer Durables Category and 15 advertisements from other categories. HEALTH & PERSONAL CARE  The CCC found the following claims in health care & personal care product or service advertisements of 41advertisers to be either misleading or false or not adequately…

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Compuage Infocom PAT up by 21.46%

The Net Profit, increased from Rs. 2.82cr to Rs. 3.42 cr. Sales Increased by 1.88% from Rs. 673.1cr to Rs. 687.79cr. August 8, 2016, Mumbai: Compuage Infocom Ltd (BSE Code 532456), one of the India’s leading IT distribution company announces its first quarter result for the FY16-17. On a year-to-year basis, the profit increased by 21.46% from Rs. 2.82 cr to Rs. 3.42 cr. Also the sales for the quarter ended June 30, 2016 increased by 1.88% from Rs. 673.1 cr to Rs. 687.79cr. Key Operating Highlights Recorded net sales…

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Skill India: The Backstage Story

Much has been said and done by the Indian Govt. in order to make the Indian youth employable. Under Pradhan Mantri Kaushal Vikas Yojana (PMKVY), Indian youth would be trained in the industry specific skills by training partners & centres and provide better placement across the industries. NSDC – PMKVY campaign is one of the most important campaigns in this term. Like any other government campaigns no matter how glittery this looks from the front, it has its own backstage story because of various challenges. The Government of India seems…

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Selecting electric water heater during monsoons

Mr. Abhijit Banshelkikar, Head R&D – Racold Thermo Private Limited shares insights for selecting an electric water heater during the monsoon season. It is impossible to imagine monsoons without hot water heaters. The use of hot water heaters during these months when temperate dips down is almost like a breather to life. People across the country shop for new water heaters, however, many of us do not know how to select the right water heater which not only caters to our needs but also helps to save money. An electric…

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Acche Din ahead for Maharashtra Farmers

From The Desk of Mr. Yogesh Verma: Mumbai BJP Spokespersons and President of Yuva Bharat Foundation Agriculture which forms the backbone of state’s economy was affected by drought for four consecutive year. “Drought like condition” was declared in 14,708 villages. Nearly 90 lakh farmers were impacted by drought that devastated kharif crop and Maharashtra was declared as suicide capital due maximum number of farmer’s suicide cases. Erratic monsoon, high debt burdens, genetically modified crops, public mental health, personal issues and family problems added up to their agony. It was apparent…

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SMART Cities – Keeping Pace with SMART Times

Sanjay Bhatia, an NRI techie from Mumbai suburbs, is a SAP solution architect now settled in Houston – USA is trying to create a Niche in the high tech ERP niche areas. His expertise in these areas is appreciated and acknowledged from different quarters. He has spoken in 3 SAP International Conferences as “Thought Leader Speaker”, the last recent one was SAP Oil & Gas Best Practice Conference in Houston in September 2015 where former US President George W. Bush was the keynote speaker. Sanjay has co invented 4 SAP…

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