25% sanctioned DGCA posts lying vacant: Aviation Minister 04/08/2017

25% sanctioned DGCA posts lying vacant: Aviation Minister
04/08/2017 10:18

Click Below


 Free Intraday Tips : Join Our Whatsapp No : 9841986753
  Free Commodity Tips : Join our Whatsapp No : 9094047040

The Indian Government has said that around 25 per cent of the sanctioned posts at aviation watchdog DGCA are lying vacant.
As per reports, Directorate General of Civil Aviation is a regulatory body governing the safety aspects of the aviation industry. It primarily monitors the airworthiness of civilian aircraft besides granting licenses to airports, airlines, pilots and other crew members.
Commenting on the issue, Minister of Civil Aviation Jayant Sinha told the media, "As against the sanctioned posts of 1,320 in DGCA, 983 posts are filled and 337 posts are vacant."
As per reports, manpower shortage was one of the key reasons why UN watchdog International Civil Aviation Organisation (ICAO) and US body Federal Aviation Authority (FAA) downgraded the country's civil aviation sector virtually putting brakes on the expansion plans of Indian carriers. The ratings were, however, restored in 2015.

Silver dips on feeble global cues 04/08/2017

Silver dips on feeble global cues
04/08/2017 07:43

Click Below


 Free Intraday Tips : Join Our Whatsapp No : 9841986753
  Free Commodity Tips : Join our Whatsapp No : 9094047040

Silver futures closed lower in the international market on Thursday as participants engaged in trimming their positions taking weak cues from global market.
Marketmen attributed the fall in silver prices at futures trade to a weak trend in the precious metals overseas and profit-booking by participants at existing levels.

Crude oil down as traders await OPEC meet 04/08/2017

Crude oil down as traders await OPEC meet
04/08/2017 07:42
Click Below


 Free Intraday Tips : Join Our Whatsapp No : 9841986753
  Free Commodity Tips : Join our Whatsapp No : 9094047040

Crude oil futures closed lower in the international market on Thursday as buying appetite faded and as investors awaited a highly anticipated OPEC meeting next week. News of the closure of an oil-linked hedge fund and doubts about sanctions against oil exporter Venezuela also contributed to the slump in crude.
Investors may also be reacting to disappointment over a lack of U.S. sanctions against embattled Venezuela, which would have been supportive to oil futures.
Deepening turmoil in Venezuela has been the focus of the oil industry. The country is home to the world’s largest oil reserves and political chaos sparked by President Nicolás Maduro’s government’s redrafting of the constitution has been seen potentially pushing crude prices higher.

India tops domestic air traffic growth in June: IATA 04/08/2017

India tops domestic air traffic growth in June: IATA
04/08/2017 00:49
Click Below


 Free Intraday Tips : Join Our Whatsapp No : 9841986753
  Free Commodity Tips : Join our Whatsapp No : 9094047040

Marking the highest growth for any country, India registered a growth of 20.3 per cent in domestic air traffic in June, according to global airlines' body IATA, reported PTI.
The International Air Transport Association (IATA) said India tops the growth chart in the first half of this year.
As per the data, India's domestic air traffic growth rose 20.3 per cent in June, the highest among major markets.
The demand is measured in terms of total revenue passenger kilometres or RPKs.
"Domestic India RPKs grew by 18.6 per cent in year-on- year terms in H1 2017, with annual RPK posting its 34th consecutive month of double-digit growth in June," IATA said.
However, IATA said growth in the first half of 2017 was slightly slower than the year ago period.
The bigger picture is that the very strong upward traffic trend has slowed since the unexpected "demonetisation" in November 2016.
"RPKs are still currently trending upwards, albeit at a slower annualised rate of around 7 per cent. All told, domestic India's impressive run of double-digit year-on-year growth looks likely to have ended in July," it noted.
As part of efforts to tackle the black money menace, the Indian government had demonetised old Rs 500 and Rs 1,000 currency notes in November last year.

 Free Intraday Tips : Join Our Whatsapp No : 9841986753
  Free Commodity Tips : Join our Whatsapp No : 9094047040