The Cabinet decision reiterating revision and near doubling, from April next, the price of domestic natural gas is timely. The move would better align relative prices, coagulate much-needed funds in the high-risk upstream hydrocarbon sector and shore up investor sentiments. In the promising Krishna-Godavari basin in the eastern offshore, Reliance Industries (RIL) has had significant production shortfall for over three years now, and it would reportedly need to furnish a bank guarantee to counter perceptions that it is hoarding gas at its operational blocks. The revised gas price would be as per the Rangarajan committee formula, benchmarked to the going average price of what producers get elsewhere in the main markets. Continue reading Revised Natural Gas Pricing Better for Indian Economy
Importing Electronic Items into India for Resale
I wanted to share these thoughts with you based on my personal experience: Importing of electronic items into India has a wide range of import duties. Many times, the profitability of importing from China/Taiwan/Hong Kong is competely removed because of the import duties in India. Therefore I request you to study import duties carefully. If you can assemble electronic products in India using imported components, then it has lesser import duties. You will also need a strong logistics partner who can successfully clear customs and deliver products to your India warehouse.
Non-Life General Insurance Companies in India
1. Bajaj Allianz General Insurance Co. Ltd.
2. ICICI Lombard General Insurance Co. Ltd.
3. IFFCO Tokio General Insurance Co. Ltd.
4. National Insurance Co.Ltd.
5. The New India Assurance Co. Ltd.
6. The Oriental Insurance Co. Ltd.
7. Reliance General Insurance Co. Ltd.
8. Royal Sundaram Alliance Insurance Co. Ltd
9. Tata AIG General Insurance Co. Ltd.
10. United India Insurance Co. Ltd. Continue reading Non-Life General Insurance Companies in India
Life Insurance Companies in India
1. Bajaj Allianz life Insurance Company Limited.
2. Birla Sunlife Insurance Company Limited.
3. HDFC Standard Life insurance Company limited.
4. ICICI Prudential Life Insurance Company Limited.
5. ING Vysya Life Insurance Company Limited.
6. Life Insurance Corporation of India.
7. Max New York Life Insurance Company Limited.
8. Met Life India Insurance Co. Pvt. Ltd.
9. Kotak Mahindra Old Mutual Life Insurance Limited.
10. SBI Life Insurance Co. Ltd. Continue reading Life Insurance Companies in India
Haldwani-Kathgodam, Uttarakhand
Haldwani, along with its twin town of Kathgodam, forms the Haldwani-Kathgodam municipal Corporation (since May 2011) in Nainital District in the Indian state of Uttarakhand. Haldwani is the third most populous city in Uttarakhand, and is known as the “Gateway of Kumaon”.
Haldwani is well connected to the country’s capital Delhi via road and rail. Regular buses are available from Delhi which takes around 8–9 Hrs to reach Haldwani. Some luxury buses including Volvo are also available but they have fixed timing. All the buses leave from the Haldwani Bus Station for Delhi’s Anand Vihar ISBT. Railway is the other main transportation available for travelling between Haldwani and Delhi.
Haldwani and Kathgodam are two railway stations. Ranikhet Express (10:45 pm from Old Delhi-Daily), Sampark Kranti (4:00 pm from Old Delhi-Daily) and Delhi(Anand Vihar)-Kathgodam Shatabdi Express (6:00 am from Delhi Anand Vihar Terminal-All days except Thursday) are some other trains available. There are other seasonal trains too. Continue reading Haldwani-Kathgodam, Uttarakhand