Abhishek kumar aashish jindal

India Post offers Express Parcel and Business Parcel services

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India Post offers Express Parcel and Business Parcel services

December 5, 2013

India’s Department of Post (DoP) has launched two new parcel services namely ‘Express Parcel’ and ‘Business Parcel’. India Post aims to generate revenue of Rs 100 crore from these services.

  1. Express Parcel: It is an air mail service for retail and bulk customers under which parcel will be shipped through airlines. India Post has fixed service charge for Express Parcels in the range of Rs.30 (local service) to Rs.80 (for delivery in other state) for items weighing up to Rs.500 gram. It will charge Rs. 8 to Rs.20 for additional 500 gram up to 5 kg and Rs.10 to Rs.22 for every additional 500 gm thereafter. This service will be initially available between 20 identified cities—Agra, Bangalore, Bhubaneshwar, Chennai, Delhi NCR, Patna, Guwahati,Hyderabad, Indore, Jaipur, Jammu, Kolkata, Lucknow, Ludhiana, Mumbai, Pune, Parwanoo, Shillong, Surat and Thiruvananthapuram.

  2. Business Parcel: It is a contractual service, designed to suit requirement of business customers for an economical and reliable distribution solution. It will provide an economical distribution solution to its customers using surface transmission modes. Customers will have to pay in the range of Rs.45 to Rs.115 for items weighing up to 2 kg, Rs.12 to Rs.30 for additional 1 kg up to 5 kg and Rs.14 to Rs.32 thereafter for every 1 kg. This service will have nationwide coverage.

Parcels booked under both the services will be delivered at most in 72 hours.

NASA discovers signs of water in atmosphere five distant planets

December 5, 2013

NASA scientists have found signs of water in the atmospheres of five distant planets.

Though some previous studies have also reported the presence of atmospheric water on a few exoplanets orbiting stars beyond the solar system, but this is the first study to conclusively measure and compare the profiles and intensities of these signatures on multiple worlds.

Which are the five planets where NASA has found signs of water?

The five planets are:

  1. WASP-17b

  2. HD209458b

  3. WASP-12b

  4. WASP-19b

  5. XO-1b e

Karnataka Assembly passes rigorous ESMA Bill

December 5, 2013

The Legislative Assembly of Karnataka passed a stringent Essential Services Maintenance Bill (ESMA), 2013 which will render striking work a non-bailable offence and empowers the police to arrest a striking employee without warrant.

Why Essential Services Maintenance Bill (ESMA), 2013?

The Essential Services Maintenance Bill (ESMA), 2013 aims to restrain employees working in water, power, health, transport and service sectors from going on strikes, inconveniencing people.  The bill defines ‘Essential Services’as any service connected with the production, generation, storage, transmission, supply or distribution of water or electricity and any transportation service for the carriage of passengers or goods by motor vehicles.  It empowers the government to declare even those services that the State has powers to make laws for under List II of the 7th Schedule of the Constitution, as essential services.
As per the bill, upon conviction, those who commence a strike or continue to go on strike or take part in any strike will be penalized with a sentence up to 1 year or with fine up to Rs 5,000 or both. Those inciting or funding strikes also face the same punishment.  Those giving financial aid to illegal strike also will be booked under law.

The order will come into force for a period of 1 year from the date the government publishes the order. However, it can be extended up to 6 months.

India to be hub of oil demand growth after 2020: IEA

December 5, 2013

As per Paris-based International Energy Agency (IEA), India will become the largest single source of global oil demand growth after 2020.

Key predictions of IEA published in its World Energy Outlook:

  • The global oil demand is projected to touch 101 million barrels per day (mbpd) by year 2035 from today’s around 87 mbpd.

  • The centre of energy demand is shifting decisively in favour of emerging economies, particularly China, India and the Middle East, which drive global energy use 33% higher.

  • India’s oil consumption will exceed 8 mbpd by 2035, which is more than current consumption of JapanKorea and Australia put together.

  • Currently, within Asia, China dominates the region, before India replaces it from 2020 as the principal engine of oil demand growth.

  • India’s energy demand are estimated to double by 2035 on back of economic growth and population increase.

  • By 2035, India is likely to be the largest importer of coal and will be second largest importer of oil next to China and will be number four in importing gas after European Union, China and Japan.

  • Although the energy demand will be two-fold, the consumption per capita in India will still be 1/4th of the OECD average. 

  • China is predicted to become the largest oil-importing country by replacing US and India will become the largest importer of coal by the early 2020s. 

  • India’s coal imports will surge primarily because India uses the fossil fuel for generation of electricity and 68% of electricity in India is generated from coal.

International Energy Agency (IEA)

The International Energy Agency was established by the Organization for Economic Cooperation and Development (OECD) as a response to the oil shock of 1973-74. IEA advises its 24 member countries on issues related to energy security.

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