India is proposing to bring jet fuel and natural gas under the national goods and services tax as early as next week and replace a slew of existing duties and provincial levies, people familiar with the matter said. An Indian tax panel will decide July 21 whether to approve the proposal to levy a 28 […]
Day: July 12, 2018
2 Indigo planes came face to face over Bangalore airspace
Two IndiGo planes came dangerously close to each other over Bengaluru airspace on Tuesday triggering collision avoidance alarm on both the aircraft. On July 10, 6E 779 and 6E 6505 came face to face when 6E 779 was at 27300 feet and 6505 was at 27500 feet. While 6E779 was flying between Coimbatore and Hyderabad, […]
National Highways and Port Connectivity projects worth Rs 6688 Crores to be launched in Andhra Pradesh
Nitin Gadkari, Minister of Road Transport & Highways, Shipping, Water Resources, River Development and Ganga Rejuvenation will lay the foundation stone for, and inaugurate National Highways and Port Connectivity projects worth Rs 6688 Crores in Andhra Pradesh at an event in Vishakhapatnam tomorrow. The Minister is on a three day official visit to the state […]
Oil rallies as IEA warns of output capacity limits
Oil prices rallied on Thursday, recouping some ground following sharp losses the previous session after Libya said it would resume oil exports. The rally received an extra boost from the International Energy Agency (IEA), which said the world’s oil supply cushion “might be stretched to the limit” due to production losses. Benchmark Brent crude oil […]
Sri Lanka to construct third international airport
The Sri Lankan government is planning to construct a third international airport in Trincomalee in a bid to make the district the ‘Eastern Gateway into the Bay of Bengal’, authorities said on Thursday. “When you look back at Sri Lanka’s history, we were a hub in the Indian Ocean where there were several ports,” Prime […]