GST on overseas air tickets violates international norms: IATA chief

Levying GST on overseas air tickets violates international norms and also weakens the competitiveness of carriers, IATA chief Alexandre de Juniac said Tuesday. He also flagged various concerns about the Indian aviation sector, including high jet fuel prices, infrastructure woes and privatisation of airports. The International Airport Transport Association (IATA) is a grouping of more […]

Air India gets Rs 2100Cr govt borrowing

National carrier Air India has been assured of Rs 2100 crore from the Centre in the form of guaranteed borrowing, Ministry of Civil Aviation Secretary RN Chaubey said on Tuesday. On May 22, Chaubey had said that the option of selling Air India would not be available if the bidding amount ascertained was inadequate. “There […]

Suresh Prabhu inaugurates new domestic terminal building at Gorakhpur Airport

Union Civil Aviation Minister Suresh Prabhu inaugurated Monday the new domestic terminal building at Gorakhpur Airport along with Uttar Pradesh Chief Minister Yogi Adityanath. Earlier in the day, the chief minister flagged off the IndiGo Gorakhpur-Delhi-Gorakhpur flight. “Happy to inaugurate the new Domestic Terminal building of #GorakhpurAirport along with Hon’ble CM of Uttar Pradesh, Shri […]

Indian Railways goes environment-friendly

Indian Railways is looking to adopt environment-friendly measures as much as possible! Now, in a bid to use natural gas in workshops, production units and depots, Piyush Goyal-led Indian Railways recently signed a memorandum of understanding (MoU) with state gas utility GAIL. The aim of Indian Railways is to replace industrial gases such as dissolved […]