Latest news with #77thFoundationDay
Time of India
a day ago
- Business
- Time of India
Crude oil prices back at $67/barrel, likely to remain stable: Minister Puri
Hardeep Singh Puri says crude oil prices are stable. They are around USD 67 per barrel. India is diversifying its oil sources. It now buys from 40 countries. The nation is also increasing biofuel blending. Puri highlights India's economic growth. He mentions the Ujjwala Yojana's success. He urges chartered accountants to embrace AI. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Tuesday said crude oil prices are back at USD 67 per barrel and are likely to remain around that at the 77th Foundation Day of the Institute of Chartered Accountants of India (ICAI), Puri also said India increased biofuel blending and is sourcing crude oil from 40 countries as against 27 said when the tensions were at their peak in the Gulf region recently, many tried to be alarmist about the crude oil prices moving northwards."I said nothing will happen. Oil prices sahi rahenge (will remain stable). Don't worry. And the price of oil is back to USD 67 a barrel. Why do I say that? ...there is enough oil available in the world," the minister Puri added India has diversified its crude oil sourcing."We used to buy oil from 27 countries, we are buying it from 40 countries," he minister also spoke in detail about the achievements made by the country in bio-fuel blending, and meeting targets ahead of schedule."We are the second-highest biofuel blending nation in the world. And today, when I look at it, any day you could raise it from 20 per cent to 25 per cent and 30 per cent. You have to just do your consultation and take what is along," he further said green hydrogen is the fuel of the his address, the minister also listed the achievements of the Modi government during the past 11 said the ministry's flagship Pradhan Mantri Ujjwala Yojana , has delivered over 16.5 crore LPG connections since 2014, empowering women, reducing indoor air pollution, and promoting public growing market capitalisation of Oil & Gas PSUs-nearly doubling to Rs 8.79 lakh crore since 2014-reflects the sector's robust performance and the trust of investors, he further said that in the past 11 years, India has risen from the eleventh to the fourth largest economy in the said India's GDP has more than doubled-from USD 2.1 trillion in 2014 to USD 4.3 trillion in 2025."We have recently overtaken Japan and are poised to become the third-largest economy by 2030, overtaking Germany," the minister said while highlighting the country's resilience during global headwinds and the critical role played by bold policy reforms, extensive social welfare schemes, and sound financial Minister called on chartered accountants to embrace artificial intelligence and advanced analytics, automating routine tasks to focus on strategic advisory roles and harnessing data-driven insights for more effective decision-making."Embracing AI is no longer optional-it is essential for staying competitive and innovative in today's evolving financial world," he urged the ICAI community to uphold transparency, efficiency, and accountability as India marches towards a developed nation by at the occasion, ICAI President Charanjot Singh Nanda said that from 1700 members to over 4 lakh members spanning across 47 countries, the Institute of Chartered Accountants of India has grown a long way in the last 77 years."As a trusted partner in nation building ICAI has always supported the Government initiatives contributing to India's journey towards becoming a Viksit Bharat. Our profession is evolving rapidly, with AI, blockchain, and big data, the tools may change, but our values must remain constant," Nanda said.
Hindustan Times
2 days ago
- Business
- Hindustan Times
MSRTC offers 15 per cent discount on advance bookings for Pune-Mumbai e-Shivneri buses
Beginning July 1, the Maharashtra State Road Transport Corporation (MSRTC) will offer a 15% discount on ticket fares to passengers making advance bookings on long- and medium- distance routes beyond 150 kilometres. The scheme will be applicable to full-fare passengers only, and does not include those travelling under concessional categories. It will be implemented across all categories of MSRTC buses. The announcement was made by state transport minister and MSRTC chairman Pratap Sarnaik who further informed that the scheme will be in effect throughout the year, excluding the busy Diwali and summer vacation periods. The announcement was made by state transport minister and MSRTC chairman Pratap Sarnaik who further informed that the scheme will be in effect throughout the year, excluding the busy Diwali and summer vacation periods. (H) Notably, passengers travelling from Pune to Mumbai on e-Shivneri buses who book full tickets in advance will benefit significantly from this discount. Sarnaik said, 'Passengers commuting on premium routes like Pune to Mumbai by e-Shivneri buses will greatly benefit from this initiative. We want to encourage people to plan their travel in advance, which not only helps them save money but also allows the corporation to manage operations more efficiently. This 15% discount is our way of making public transport more attractive, especially for daily and frequent travellers who rely on MSRTC's dependable services.' Importantly, the discount will also apply to advance bookings for upcoming festivals such as Ashadhi Ekadashi and the Ganpati festival when a large numbers of devotees and holiday travellers undertake long-distance journeys. For instance, passengers booking tickets in advance for regular MSRTC buses headed to Pandharpur for Ashadhi Ekadashi will get a 15% fare reduction starting July 1. However, this discount will not be applicable to special or additional festival buses. Sarnaik said, 'Similarly, passengers travelling to Konkan during the Ganpati festival - a time when many working professionals return to their hometowns - can also avail this discount by reserving their tickets in advance. We urge passengers to take advantage of this scheme and save on travel costs, especially during non-peak travel periods.' Indra Kumar Shinde, a working professional who travels frequently between Pune and Mumbai, said, 'This is a much-needed relief for regular travellers like me. The e-Shivneri buses are reliable and comfortable, but the fares can add up quickly when you are commuting multiple times a week. A 15% discount on advance bookings will definitely help ease the financial burden. It also encourages more people to plan ahead, which can reduce last-minute rush and improve the overall travel experience. I have already started booking my trips in advance to take full advantage of the offer.' The said scheme was originally declared on June 1, during the 77th Foundation Day celebrations of MSRTC, when Sarnaik proposed fare concessions for passengers travelling long distances off season. Meanwhile, the discount can be availed through MSRTC's official website ( at ticket booking counters, or via the 'MSRTC Bus Reservation' mobile application.
Hindustan Times
2 days ago
- Business
- Hindustan Times
Passengers of MSRTC buses to get 15% off for long distance journeys from July 1
Jun 30, 2025 11:49 PM IST Mumbai: The Maharashtra State Road Transport Corporation (MSRTC) has announced a 15% discount for passengers travelling on state transport buses if they book their ticket in advance, said transport minister Pratap Sarnaik, on Monday. From July 1, the concession will be applicable to journeys longer than 150 km. the concession would apply to all types of buses–regular, semi luxury and luxury Shivneri. (Ravindra Joshi/HT Photo) The scheme was first mentioned by Sarnaik on June 1, the 77th Foundation Day of the MSRTC, and it hopes to attract passengers to MSRTC buses during the non peak season. Sarnaik said that the concession would apply to all types of buses–regular, semi luxury and luxury Shivneri. He added that people planning to visit Pandharpur for Ashadhi Ekadashi on July 6 and those returning home to Konkan for the Ganesh festival can benefit from the discount. Passengers who reserve their ticket online, through an app, or by visiting the state transport depot, can avail this discount. According to officials of MSRTC, passengers travelling on Mumbai-Pune route in a regular bus can save ₹ 40- ₹ 56 in a semi luxury bus and ₹ 90 in the luxury Shivneri bus. Traveling on the Mumbai-Chiplun, passengers can save ₹ 68 by booking their ticket in advance. Officials added that this discount applied only to routine buses.
