Petrol prices across the four metros increased by over Rs 3 per litre in 12 days after dynamic pricing system was resumed on May 14, data on the Indian Oil Corp (IOC) website shows. In the national capital, petrol prices rose Rs 3.20 per litre during the period and was sold at Rs 77.83 per […]
Day: May 25, 2018
Govt orders out-of-turn coal for state-run power firms, pvt ones to be hit
In a jolt to private power producers, the government has ordered Coal India Ltd to make ‘out-of-turn’ allotment of scarce coal to central and state electricity generation companies. The order follows a Coal Ministry directive earlier this month that instructed companies like Mahanadi Coalfields Ltd to deploy rakes of coal only for power plants and […]
Nitin Gadkari advocates bringing fuel under GST
With petrol and diesel rates skyrocketing on a daily basis, Road Transport and Highways Minister Nitin Gadkari on Friday advocated bringing fuel under the GST to curb the price hike. “Petrol and diesel should have been brought under the Goods and Services Tax. I asked officials during a presentation if we bring fuel prices under […]
ONGC to quadruple output from Bay of Bengal gas field that cost $1 billion
India’s state-owned exploration company Oil and Natural Gas Corp will by early 2019 quadruple the output from an offshore gas block in the Bay of Bengal that it spent a billion dollars on last year, according to a senior ONGC official. Output from the Deendayal natural gas block off India’s east coast will reach as […]
Flyers’ bugbears: Flight delays, refunds top list
Flight delays are the biggest bugbears for air travellers in India, according to the grievance redressal forum of an online portal (AirSewa) launched by the aviation ministry in November 2016. In the almost 1.5 years since then, most complaints received about airlines are regarding flight delays and fare refunds. The number of complaints received on […]
Delta Airlines set to resume New York-Mumbai nonstop flights next year
Delta Air Lines, a leading American carrier, today announced launching its nonstop flights between New York and Mumbai beginning next year, almost a decade after it withdrew its services to India. The airlines was forced to exit Indian market and suspend its non-stop flights to Mumbai in 2009 after subsidised state-owned Middle Eastern carriers made […]