Oil prices edged up on Friday amid hopes the United States and China could soon settle their trade disputes, although data from China stoked concerns over an economic slowdown that could dent demand for fuel. International Brent crude oil futures were at $61.06 per barrel at 0755 GMT, 22 cents, or 0.4 percent, above their […]
Day: February 1, 2019
Plane skids off runway, closing parts of Tokyo’s Narita main hub
Tokyo: A Japan Airlines plane from New Delhi skidded off a snow-bound runway at Narita Airport on Friday, officials told AFP, briefly closing part of Tokyo’s main hub.
Oil prices climb on OPEC cuts, hopes of US-China trade deal
Oil prices held steady on Friday, torn between hopes the United States and China could soon settle their trade disputes and new data raising fresh concerns over China’s economic slowdown.
Subsidised LPG price cut by Rs 1.46
Domestic cooking gas (LPG) price was cut by Rs 1.46 per cylinder on Thursday, the third straight reduction in a month’s time due to tax impact on reduced market rate of the fuel.
‘Energy start-up space improving, but a lot more needs to be done’
Energy start-up ecosystem in India is gaining traction, with the government and private players stepping in with funds and mentorships.
Jet Airways says few planes grounded for temporary reasons
Cash-starved carrier Jet Airways said on Wednesday that some aircraft were grounded because of technical and temporary reasons, denying a news report that said the planes were not flying because of a default in lease-rent payment.
It might get tougher before it gets better: Jet Airways CEO tells employees in letter
The debt-laden Jet Airways CEO Vinay Dube has asked company employees to brace for tougher times ahead before things get better for the ailing airline. In a letter written to his employees, Dube also said that the finalisation of the resolution plan is very close.
BIAL, InterGlobe Aviation ink deal to build MRO in Bengaluru
Bangalore International Airport Limited (BIAL) – operator of Kempegowda International Airport, Bengaluru (KIAB) and InterGlobe Aviation Limited, which operates domestic carrier – IndiGo have entered into a 20-year agreement to sub-lease land atthe airport to build a Maintenance Repair and Overhaul (MRO) facility.
IndiGo operator to build MRO facility at Bengaluru airport
BENGALURU: Leading budget carrier IndiGo operator InterGlobe Aviation Ltd would build a Maintenance, Repair and Overhaul (MRO) facility at the Bengaluru airport on the city’s northern outskirts, said the airport operator on Thursday.
Rafale jets to join IAF fleet soon: President Kovind
The Indian Air Force is preparing to welcome the new generation ultra-modern Rafale fighter aircraft in its fleet to strengthen its strike capabilities, President Ram Nath Kovind said on Thursday.
State-of the-art hangar to come up at Kempegowda International Airport
BENGALURU: A state-of-the-art Maintenance Repair and Overhaul facility will become operational at the Kempegowda International Airport (KIA) from March 2020.
Road construction trebled under Pradhan Mantri Gram Sadak Yojana: FM
Finance Minister Piyush Goyal on Friday said the construction of rural roads trebled under the Pradhan Mantri Gram Sadak Yojana and 2.5 crore rural households were electrified. He also said the government has provided 10 per cent reservation for economically weaker sections, which will create 2 lakh seats in educational institutions alone, Goyal said while […]