The Congress on Tuesday demanded that the five per cent Goods and Services Tax (GST) levied on domestic LPG cylinder be removed as it was burdening the poor. “The price of domestic LPG cylinder has gone up by Rs 32 in parts of the country after the GST became effective. This is affecting common people, […]
Month: July 2017
Subsidised LPG rate hiked by up to Rs 32 per cylinder post GST
Domestic cooking gas (LPG) price has been hiked by up to Rs 32 per cylinder — the steepest increase in six years — following implementation of the Goods and Services Tax (GST). Subsidised LPG rates have been increased to Rs 477.46 per 14.2-kg cylinder from Rs 446.65 in Delhi after GST was implemented from July […]
After Etihad, Turkish Airlines says US to lift laptop ban on flights
Turkish Airlines chief executive Bilal Eksi said that he expects the ban on large electronic devices from the cabin of US-bound flights from certain countries to be lifted on July 5. “We expect the electronic device ban applied to American flights to be lifted on Wednesday July 5,” Eksi said on Twitter on Monday without […]
Why debt-ridden, loss-making Air India is still an attractive buy for some
After the Union Cabinet allowed the divestment of loss-making Air India, several companies such as Tata Group, Indigo and Qatar Airlines have shown interest. But heavy losses and debt remain big concerns of a prospective buyer. However, despite its accumulated losses of more than Rs 50,000 crore and debt of about Rs 55,000 crore, Air […]
Crude oil futures up 0.97%; positive cues in Asia
Crude oil was trading higher 0.97 per cent to Rs 3,025 per barrel in futures market today as speculators created fresh bets, taking positive cues from Asian markets. At Multi Commodity Exchange, crude oil for delivery in far-month August rose by Rs 29 or 0.97 per cent to Rs 3,025 per barrel in a business […]
Air India passengers left gasping for breath after A.C. malfunctions onboard
The Air Conditioning (AC) system in a New Delhi-bound Air India flight AI-880, an Airbus 320 which took off from West Bengal’s Bagdogra malfunctioned yesterday, leaving passengers gasping for breath. In a video that has gone viral, the livid passengers can be seen fanning themselves and complain to the staff onboard about the malfunction, but […]
SCCL produces 14.34 MT coal in June quarter; up two per cent
State-owned Singareni Collieries Company Ltd (SCCL) today said coal production during the quarter ended June 30 stood at 14.34 million tonnes (MT). It was up two per cent as compared to 14.1 MT during the corresponding quarter of last fiscal. “This is highest ever production achieved in any given quarter,” SCCL said in a statement. […]