Jet fuel price Tuesday was cut by a record 14.7 per cent on the back of decline in international rates, making it cheaper than both petrol and diesel. The price of Aviation Turbine Fuel (ATF) — used to power airplanes — was slashed by Rs 9,990 per kilolitre, or 14.7 per cent, to Rs 58,060.97 […]
The government raised a record Rs 77,417 crore from sale of its stake in public sector units in 2018, and the disinvestment programme is headed for another blockbuster year in 2019 with planned privatisation of national carrier Air India. The BJP-led NDA, which in its previous stint privatised the most number of PSUs ever, continues […]
Life Insurance Corporation (LIC) of India has come to the aid of the national carrier Air India (AI), which is struggling to survive, by bidding for its iconic Nariman Point headquarters in Mumbai. The Maharashtra state government is the other bidder for this high-rise. Incidentally, both these entities already have their landmark offices — LIC […]
The air passengers will have a tough time for a week between January 18 and January 26 with over 840 flights set to be affected due to Republic Day preparations. The Indian Air Force (IAF) has proposed a seven-day closure this year. Nearly 800 flights to and from Indira Gandhi International (IGI) Airport in Delhi […]
HYDERABAD: The Telangana power utilities, which have been meeting the enhanced power supply demand due to heavy usage in the agriculture sector in the past few months, are expecting the state government’s support now. The discoms have not yet filed their Annual Revenue Requirement (ARR) and are likely to miss the second deadline to file […]
NEW DELHI: Domestic cooking gas (LPG) price was cut by Rs 5.91 per cylinder Monday, the second straight reduction in a month’s time due to tax impact on reduced market rate of the fuel.
NEW DELHI: In a major relief to India’s struggling-to-survive airlines, the government has deferred its order that from January 1, 2019, all planes they import should be equipped to receive signals of the indigenous navigation system GAGAN. Now airlines will need to do so from June 30, 2020, said a senior aviation official.
Former defence minister and senior Congress leader AK Antony Monday said Sonia Gandhi and Rahul Gandhi never interfered in any defence deals and accused the BJP of “manufacturing” lies.
Petrol price Sunday was cut by 22 paise per litre to its lowest level in 2018 while diesel rates were reduced by 23 paise to a nine-month low.
Oil prices climbed on the last trading day of the year on Monday, taking a cue from firmer stock markets, but were on track for the first yearly decline in three years amid concerns of a persistent supply glut.
The subsidised price of domestic cooking gas (LPG) was cut by Rs 5.91 per cylinder and the non-subsidised rate was reduced by Rs 120.50 per cylinder on Monday, said Indian Oil Corp (IOC).
Vinci SA agreed to acquire control of Gatwick Airport for 2.9 billion pounds ($3.7 billion) as the French construction company jumped on the chance to add a major London hub to its aviation portfolio.