1. business and industrial
2. energy
3. oil
4. oil and gas prices

2 SHILLONG ! TUESDAY!MARCH 17, 2015
FOR SALE
Indica Vista Petrol, 2009
A.C, Power Steering, Tape,
Single owner Rs. 1.30 lakhs
Ph. No. 98630-61058
LAND & PROPERTY
One RCC Factory Shed/
Godown available for
outright sale ground floor
25000 sq.ft & projected 1st
floor 25000 sq.ft. total 50000
sq.ft. Contact: 9864044672/
9435017799.
40908
LAND & PROPERTY
2 Bigha, 7B, 20B, Industrial
Converted
land
at
Changsari, 4B first plot
Amingaon, 2 Katha 3rd plot
G.S. Road, 25 B, non tribal
belt land at Sonapur Khetri,
2250 sq.ft. 7, 10, 20 katha
Biharbari, NH-37, 1000 sq.ft,
office space for sale at G.S.
Road. Contact: Shree Jain
Properties, 98640-34949.
Godown or industrial shed or
open space on rent: 3000
sq.ft, 8000, 17000, 37000,
64000, 140000 sq.ft. at
Beltola, Lokhra, Boragaon,
Amingaon. Contact: 9864534949.
39010
NAME CHANGED
I Asha Devi Saraogi /
Chhabra / Sarawgi and Asha
Jain / Saraogi / Chhabra /
Sarawgi W/o. Bimal Kumar
Jain R/o.Chhabra Bhawan,
M.S. Road, Fancy Bazar,
Guwahati have changed my
name to Asha Devi Jain and
from today onwards I shall
be known as Asha Devi Jain
for all intent and purposes.
NAME CHANGED
I Manju Devi Saraogi /
Chhabra / Sarawgi and
Manju Jain / Saraogi /
Chhabra / Sarawgi W/o. Lt.
Kamal Kumar Jain R/
o.Chhabra Bhawan, M.S.
Road,
Fancy
Bazar,
Guwahati have changed my
name to Manju Devi Jain and
from today onwards I shall
be known as Manju Devi Jain
for all intent and purposes.
LOST
I have lost my HSLC
certificate, marksheet and
Admit Card Roll No 0247
(2012)
Aroti Kujur
41037
WANTED
Restaurant
opening.
Required Cook and Waiters.
A restaurant is offering
fantastic
employment
opportunities to the right
candidates. We are looking
for a Tandoor Cook and
Waiters. If you feel you are
the right candidate, contact
us on 95080-06270, 9864564764.
41038
DECLARATION
My International Passport
being No. A1742131 issued
by RPO, Guwahati has been
damaged due to stick of
lamination paper.
Mohammed Habibur
Rahman
Vill - Dighaljhar
P.S. Murajhar
NAME CHANGE
I Harsh Beriwal, S/o Late Jay
Prakash Agarwal of L D S
Road, Ward No. 10 P.O. &
P.S. Tezpur, district Sonitpur,
Assam have changed my
name and would be known
to all and in all official
documents, henceforth as
Harsh Jalan.
NAME CHANGED
I Bimal Kumar Saraogi /
Chhabra / Sarawgi and
Bimal Jain / Saraogi /
Chhabra / Sarawgi S/o. Lt.
Mannalal Jain R/o.Chhabra
Bhawan, M.S. Road, Fancy
Bazar, Guwahati have
changed my name to Bimal
Kumar Jain and from today
onwards I shall be known as
Bimal Kumar Jain for all
intent and purposes.
911774
LOST
I have lost my HSLC RollB02-008, No. 0170 of 2002
original
certificate,
marksheet, Admit Card and
AHSEC Roll-754 No. A-30 of
2004 marksheet.
Shahidul Bhuyan
Borbila, Barpeta
NAME CHANGED
I Mahendra Kumar Saraogi
/ Chhabra / Sarawgi and
Mahendra Jain / Saraogi /
Chhabra / Sarawgi S/o. Lt.
Mannalal Jain R/o.Chhabra
Bhawan, M.S. Road, Fancy
Bazar, Guwahati have
changed my name to
Mahendra Kumar Jain and
from today onwards I shall
be known as Mahendra
Kumar Jain for all intent and
purposes.
NAME CHANGED
I Pushpa Devi Saraogi /
Chhabra / Sarawgi and
Pushpa Jain / Saraogi /
Chhabra / Sarawgi W/
o.Mahendra Kumar Jain R/
o.Chhabra Bhawan, M.S.
Road,
Fancy
Bazar,
Guwahati have changed my
name to Pushpa Devi Jain
and from today onwards I
shall be known as Pushpa
Devi Jain for all intent and
purposes.
NAME CHANGE
I Ranjeet Sarraf resident of
Kabir Residency Kundil
Nagar Basistha Chariali,
Guwahati-781029 changed
my name to Ranjeet Kumar
Saraf at Notary Kamrup (M)
Guwahati. So in future I to
be known by new name for
all intents & purposes.
LOAN
BCB Finance Company
duara ghar baithe personal,
home, property, education,
business, mark sheet loan
aur sab parkar ke loan
prapat kare 40% subsidy.
Welcome agents. M.No.
090419-73798.
AUCTION
Following vehicle will
auction: V. No. AS-01E-4884
(Truck), AS-01AC-7225
(truck), AS-01AC-5961
(truck), ML-08D-0127 (G10),
AS-01AC-7769 (truck), AS01CC-1194 (truck). Contact
phone: 0361-2547597 (O)
41059
NAME CHANGE
I Subham Beriwal, S/o Late
Jay Prakash Beriwal of L D
S Road, Ward No. 10 P.O. &
P.S. Tezpur, district Sonitpur,
Assam have changed my
name and would be known
to all and in all official
documents, henceforth as
Subham Jalan.
TO-LET
Three bed room flat at
Maligaon Rly Gate No. 3 for
rent. Contact No. 03612638538.
41043
Re rises by 16
paise vs USD
MUMBAI, MAR 16: Bucking a
fall in stocks, the Indian rupee
today gained 16 paise to end
at 62.81 against the American
currency on fresh selling of
dollars by banks and exporters. While the US dollar hit 12year high against the Euro
earlier in the day ahead of Fed
policy meet, the greenback
gave up some gains later.
This helped boost the sentiments in favour of the rupee.
At the Interbank Foreign Exchange market, the rupee resumed slightly lower at 62.98
per dollar from last Friday’s
close of 62.97. Agencies
NEW DELHI, MAR 16: Terming India a bright spot in the “cloudy” global economy, IMF Managing Director Christine Lagarde today said the
country will clock 7.2 per cent growth
in the current fiscal and its GDP will
exceed combined total of Japan and
Germany by 2019. “In this cloudy
global horizon, India is a bright spot.
Recent policy reforms and improved
business confidence have provided
a booster shot to economic activity,”
she said while speaking at a function at Sri Ram College here. On introduction of new series of national
accounts with base year 2011-12,
she said, “Using India’s new GDP
series, the IMF expects growth to
pick up to 7.2 per cent this fiscal year
and accelerate further to 7.5 per cent
next year —making India the fastest
growing large economy in the world.”
The IMF chief further said, “Indeed,
a brighter future is being forged right
before your eyes. By 2019, the economy will more than double in size
compared to 2009.”
When adjusting for differences in
purchasing prices between economies, India’s GDP will exceed that
of Japan and Germany combined,
she said adding it will also exceed
the combined output of the three
next largest emerging market economies —Russia, Brazil, and Indonesia. Lagarde further said, “Just as
many countries around the world are
grappling with low growth, India has
been marching in the opposite direction.” India’s growth rate this year is
expected to exceed that of China,
she said, adding the country will also
become the most populous in the
world by 2030. The IMF chief be-
CHENNAI, MAR 16: Aimed to offer virtual visit’ facility in
which parents and relatives of the patient can see them
in the ICU, Apollo Hospitals Enterprise Limited has
launched its first digital hospital in the IT Corridor, Perungudi region of OMR in Chennai.This is the 10th hospital opened by Apollo in Chennai.
The 150-bedded specialty hospital will have on offer
high-end tertiary care across various medical disciplines
with special focus on Neurosciences, Cardiac Sciences, Orthopedics and Trauma. Commenting on the launch,
Dr Prathap C Reddy, Chairman, Apollo Hospitals said,
“When we had established Apollo Hospitals in 1983, our
mission was to bring healthcare of international standards within the reach of every individual. Over the years,
we touched lives of over 40 mn patients who came from
120 countries and IT was undoubtedly a pivotal enabler
in helping us achieve our goals.” Located conveniently
on the main road, Apollo Speciality Hospitals, OMR will
be easily accessible to people living in and around Perungudi and its 24x7 Emergency Care services will be
invaluable in providing timely attention within the golden hour, critical in medical emergencies.
Supreme floats IPO
GUWAHATI, MAR 16 : Surat-based Supreme India (Impex) Limited (SIL), an ISO:9001:2008 company, today
floated a public issue of Rs 7.87 crore on the NSE.
According to a press release, the company proposed
to make a fresh issue of 13.12 lakh equity shares at a
fixed price of Rs. 60 per share including a premium of
Rs. 50 per share (FV of Rs 10 per share). The proceeds
raised through the IPO are to be utilized inter alia for
working capital requirements. The issue constitutes
26.84% of the post-issue paid-up equity share capital of
the company. Pantomath Capital Advisors (P) Ltd., a Category I merchant banker is the lead manager to the Issue.
“We take privilege in introducing Supreme (India) Impex Limited to the NSE Emerge platform. This is the second company from Surat being managed by us. The
company has the highest turnover amongst all the manufacturing companies listed on SME Eechanges so far”,
remarked MahavirLunawat, Group MD, Pantomath Advisory Service Group.
SIIL incorporated in 1995, ventured into the highly value added textilesector catering to the international market, and has transformeditself into a textile exporter
mainly comprising women’s clothing. SIIL manufactures
and exports women’s garments such as sarees, salwar
suits, etc. The company’s fabric line features an extensive range of dyed, knitted, printed and cotton fabrics.
SIIL offers value-added work such as handwork, sequencing and embroidery on fabrics. It has recently diversified its presence into multi-ply yarn which is used
in making home furnishing items.
Date
Venue
21st
March,
2015
Pine Mount
Govt. Girls’
School,
Shillong
10:00 am to
12:00 noon
2
Dist. Coordinator
(Policy Planning & Grievances)
12:30 pm to
02:30 pm
Candidates who have applied for the posts arc requested to collect their Admit Cards
from the office of the Director of Social Welfare, Lower Lachumiere, Shillong with
effect from the 18th to 20th March, 2015. All candidates are requested to bring along
Identity Cards.
Sd/Director of Social Welfare,
Meghalaya, Shillong
MIPR No. 1776
Dt.13.3.2015
Even if process is well managed, it
may result in excessive volatility in
financial market, including in India.”
The second risk is that the Euro
Area and Japan could remain stuck
in a low growth and low inflation gear
for a prolonged period and this would
make it harder for countries to reduce unemployment and excessive
public and private debt, raising the
risk of recession and deflationary
pressures around the globe, she
added. “The third risk is that emerging and developing economies could
face a triple hit of a stronger US dollar, higher global interest rates and
more volatile capital flows. A stronger dollar will have a significant impact on financial systems in emerging markets, including India, because many banks and companies
have increased their borrowing in
dollars over the past five years,” the
IMF chief said. She further said that
compounding these risks were geopolitical tensions simmering in different parts of the world and all these
point to one thing, coordinated policies and renewed momentum into
the global economy. “In practice, this
means accommodative monetary
policies where appropriate, growthand job-friendly fiscal adjustment,
and above all, much needed structural reforms that are critical to lift
employment and growth in countries
all over the world,” Lagarde said. On
fall in oil prices, she said, it provides
a golden opportunity to cut energy
subsidies —which generally favour
the middle class - and use the savings for more targeted cash transfer
systems to protect the poor.
Oil prices down
in Asian trade
SINGAPORE, MAR 16: Oil prices fell in Asia today
during more volatile trading as dealers fret over
bulging global supplies and a strengthening US
dollar, analysts said. US benchmark West Texas
Intermediate (WTI) slipped 47 cents to USD 44.37
while Brent was down 46 cents at USD 54.21 in latemorning trade.
WTI lost USD 2.21 and Brent plunged USD 2.41 on
Friday after the International Energy Agency warned
of US crude reserves reaching storage capacity with
little sign of a slowdown in output despite a global
glut.
“This week could be even more bearish for oil as
there has been no shift in supply,” Michael McCarthy,
chief market strategist at CMC Markets in Sydney,
told.
Singapore-based Phillip Futures said “with fundamentals remaining unchanged, we hardly find a
reason for crude oil to break higher or even lower”.
The US Department of Energy last week said
stockpiles in the world’s top crude consumer climbed
to a fresh record high of 448.9 million barrels last
week. Crude prices lost some 60 per cent of their
value to decline to about USD 40 between June and
late January owing to an oversupply in world markets, a weak global economy and the strong dollar.
Prices have since rebounded following a slowdown
in US oil-drilling activities, but analysts say volatility
is likely to continue for some time.
“Behind the facade of stability, the rebalancing
triggered by the price collapse has yet to run its
course, and it might be overly optimistic to expect it
to proceed smoothly,” the Paris-based IEA, which
advises energy consuming nations, said in a monthly
report released last week.
McCarthy said oil prices are also under pressure
owing to gains in the US dollar against other major
currencies ahead of a closely watched Federal
Reserve policy meeting this week. A stronger US
dollar makes dollar-priced oil more expensive for
buyers using weaker currencies, denting demand.
Agencies
Agencies
Inflation at record low of (-)2.06% in Feb
NEW DELHI, MAR 16:
Persistent deflationary
pressures pulled down the
rate of price rise to a
record (-)2.06 per cent in
February - keeping inflation in the negative zone
for the fourth straight
month - on account of
cheaper food, fuel and
manufacturing products,
raising industry clamour
for further cuts in interest
rate.
Inflation measured on
wholesale price index
(WPI) was at (-)0.39 per
cent in January, (-)0.50 per
cent in December and
0.17 pc in November.
It was 5.03 per cent in
February 2014. With inflation dropping to record
lows, industry demanded
further easing of interest
rates to boost industrial
growth.
Experts cautioned however that unseasonal rains
this month could be a
dampener and the decline
in food inflation may be
short-lived, prompting the
Reserve Bank to avoid
lowering rates immediately. "There is a low likelihood of a rate cut in the
April monetary policy review, notwithstanding the
lower-than- expected WPI
print for February. We expect further repo rate cuts
to be limited to 50 basis
points in the remainder of
2015," ICRA Senior Economist Aditi Nayar said.
As per official data released today, inflation in
food articles category
stood at 7.74 per cent, and
the in manufactured products category, it was 0.33
pc. Fuel and power inflation saw significant cooling
at (-)14.72 per cent in February.
In the food basket, while
inflation in onions, pulses
and protein-rich items like
egg, meat and fish inched
upwards, vegetables,
fruits and milk saw the rate
of price rise decline during
the month.
Inflation in vegetables
stood at 15.54 per cent in
February, lower than 19.74
per cent in the previous
month.
Rate of price rise in potato was (-)3.56 per cent
as against 2.11 per cent in
January.
“The decline in food inflation will be short lived as
unseasonal rains have already started to have an
effect on production. We
expect the government to
act pro-actively as food inflation is likely move up
from the next month onwards,” Deloitte (India)
Senior Director Anis
Chakravarty said.
Negative inflation is
largely driven by price
trends in the fuel and manufactured goods segment.
Besides, subdued global
commodity prices have
aided softening of inflation.
Industry
chambers
pitched for further measures to strengthen the
demand and urged RBI to
continue with its rate cutting cycle in the coming
months.
“Government and RBI
should also engage with
the banks to ensure that
the lowering of policy rates
already effected is passed
on to the investors and
consumers in the form of
lower lending rates,” Ficci
said. As per the data, inflation in non-food articles
was (-)5.55 per cent, while
in egg, meat and fish it was
1.27 per cent.
However, the rate of
price rise was high in onion at 26.58 per cent in
February, against (-)1.90
per cent in January.
Commenting on WPI,
Assocham said: “The situation demands urgent
action to boost industrial
and consumer demand.
Lowering of interest rates
and easy credit availability should be the top priorities of the Government
and the RBI”.
The WPI inflation numbers would be taken into
account by the Reserve
Bank for formulating its
next monetary policy announcement, scheduled
on April 7.
The RBI has lowered policy rates by 0.50 per cent
between January and
March to prop up growth
as it saw inflationary pressures easing. Agencies
S.P. Maitra, president (sales & marketing) of Lotus Herbals, at the launch of
Lotus YOUTHRx, a revolutionary natural anti-ageing skin care range for the
Northeast, in Guwahati on Sunday.
Assocham’s proposal for ‘Chinese Manufacturing Zone’ in UP
Time
Dist. Coordinator
(Monitoring.& Evaluation)
lieves that the
conditions are
ripe for India to
reap the demographic dividend and become a key engine for global
growth as it (the
country) is on
the verge of a
new chapter,
filled with immense promise. On
world economy, she said, “More than
six years after the global financial crisis, the recovery remains too slow,
too brittle, and too lopsided. We
have pared down our forecasts of
global growth since last October,
despite the boost from cheaper oil
and stronger US growth.”
While the global economy is expected to grow by 3.5 per cent this
year, and 3.7 per cent next year, this
is still below what could have been
expected after such a crisis, she
added. On the world economic situation, IMF Chief Lagarde said that
China is decelerating to a more sustainable growth rate, whereas Russia and Brazil, albeit for different reasons, find themselves in recession
territory. Looking ahead, she said,
“Something better may yet come on
the back of low oil prices and low interest rates. Still, there are significant
risks to this fragile global recovery.”
Elaborating further, Lagarde said,
“First risk is what I have called asynchronous monetary policy in advanced economies —normalising
monetary policy in the US and the
UK while Japan and the Euro Area
are increasing monetary stimulus.
Apollo Hospitals launches
its first digital hospital
This is for general information for all the concerned that the Written Examination
for the posts under ICDS Mission mentioned below will be held on the 21 st March,
2015 from 10:00 am to 02:30 pm.
1
THE MEGHALAYA GUARDIAN
‘India bright spot in global
economy,will clock 7.2% growth’
GOVERNMENT OF MEGHALAYA
DIRECTORATE OF SOCIAL WELFARE
MEGHALAYA, SHILLONG
NOTICE
Sl. Name of post
No.
BUSINESS
LUCKNOW, MAR 16:
With around 50 Chinese firms evincing
interest towards
investment in Uttar
Pradesh, industry body
Assocham is working
on a proposal for
setting up a ‘Chinese
Manufacturing Zone’ in
the state. Around 50
Chinese companies
were in contact with the
industry body, Assocham’s secretary general
D S Rawat told . He
said that these companies want to invest in
India through a ‘manufacturing zone’ and as
per their requirement
UP is the most suitable
place. Assocham is
working on a project,
whose proposal will be
submitted to Chief
Minister Akhilesh Yadav
after three weeks. In
this proposal, we will
ask the government to
set up a Chinese
manufacturing zone. “If
the government provides land and some
rebate in taxes to these
willing companies then
they will create a zone
on their own. They want
to bring 100 other
companies with them,”
Rawat said. He said that
if this project turn
successful it would bring
at least one lakh crore
investment in the state.
“The Chinese compa-
nies will develop their
own townships, including school, hospital and
other amenities. This
will provide employment
to 30,000 to 40,000
persons directly or
indirectly and the image
of UP will change not
only in India, but
worldwide,” he said.
The Assocham secretary general said that if
the dream of ‘Make in
India’ has to be realised, this opportunity of
investment needs to be
grabbed. “Chinese
companies, which are
willing to set up manufacturing zone anywhere in the country,
need help of the
organisation. We are
emphasising on UP as
it is close to Delhi and
has the strength to
develop basic infrastructure. Besides, the
state government is
looking towards investment,” Rawat said. He
said, “We met the
Chinese Ambassador
and told him that before
sending the proposal to
the UP government, the
organisation will meet
the research team and
ask whether it agreed
with it or not.”
He said that if required
Assocham would
organise a meeting
between the officials of
the state government
and Chinese companies. Rawat said that
trade has become onesided in favour of
China.
Agencies