s.p.s.pannu

S.P.S.Pannu

CAG red flags UPA era's $2.1 billion deal for Navy planes

by S.P.S.Pannu |Aug 8, 2018

The 2009 deal was for eight P-8I (Poseidon Eight India) aircraft. The first aircraft came to India in May 2013 and all the eight aircraft have been fully integrated into Indian Navy's operations.

Union Budget 2017-18: Arun Jaitley's announcements could lead to more spacious homes

by S.P.S.Pannu |Feb 2, 2017

The government announced infrastructure status for affordable housing to encourage investment in this segment and offered tax sops to developers sitting on completed but unsold homes to revive the...

Banks gear up to make plastic money more secure for customers

by S.P.S.Pannu |Dec 28, 2016

A senior ICICI Bank official told Mail Today that earlier chip-based cards were given mainly to high networth individuals as they were more likely to be targeted fraudsters because of their high c...

How demonetisation has pushed India towards a digital economy

by S.P.S.Pannu |Dec 8, 2016

The demonetisation drive has forced millions of Indians to not just queue up at ATMs but also fall in line with the Narendra Modi government's digital push, even as online payment services firms a...

City left high & dry as cash flows to farms

by S.P.S.Pannu |Nov 26, 2016

With the government deciding to give priority to the farm sector in the allocation of new currency notes several banks in Delhi and NCR have not received any cash for the last four days as a resul...

Photo: Reuters

IOC's Paradip refinery to boost profits by 20-30%

by S.P.S.Pannu |Jan 12, 2016

During the next financial year, production will be stepped up to 80 per cent of its capacity after which it will be increased to 100 per cent, he added.

Railway Minister Suresh Prabhu (Photo: Mail Today)

Railways likely to fall short of freight target for FY16 by 75-80 MT

by S.P.S.Pannu |Jan 9, 2016

According to senior officials, the Railways is expected to fall short of the 1,195 million tonnes (MT) of freight target fixed for 2015-16 by 75-80 MT.

An Indian Oil official said that prices have come down in the international market as the slowdown in the Chinese economy has reduced demand and there has been a build-up of stocks in the US and Europe. Photo: Reuters

Sinking oil prices set to cool down petrol, diesel cost further

by S.P.S.Pannu |Jan 8, 2016

Oil prices have fallen by around 70 per cent since mid-2014 bringing relief to the middle class and easing the current account deficit.