Flying out of Delhi will cost marginally more from next month. The Airports Economic Regulatory Authority (AERA) has allowed Delhi International Airport Ltd to levy Rs 65.98 plus taxes per departing passenger from February 1 to March 31 in lieu of the “fuel throughput charge” levied on airlines till January 15, 2020. The new charge […]
Day: January 2, 2021
Rise in fuel sales in 2020 shows signs of economic recovery: IOC
Despite disruptions in commercial activities due to the COVID-19 crisis, sales of motor spirit and diesel have increased during 2020, which indicates a revival of the economy, an official of Indian Oil Corporation (IOC) said on Friday. During 2020, sales of motor spirit have increased by 108 per cent and diesel by 96 per cent […]
Russian annual oil output falls for the first time since 2008 on OPEC+ deal, pandemic
Oil production in Russia declined last year for the first time since 2008 and reached its lowest level since 2011 following a global deal to cut output and sluggish demand caused by the coronavirus, statistics showed on Saturday. Russian oil and gas condensate output declined to 10.27 million barrels per day (bpd) last year, according […]
Delta Airlines CEO expects positive cash flow by spring
NEW DELHI: Delta Air Lines CEO Ed Bastian said in a memo on Friday that he continues to expect that the company will achieve positive cash flow by the spring. In his new year note to employees, Bastian said that company will likely “experience two distinct phases during the next 12 months.” The first phase […]
Govt plans seaplane service on Delhi’s Yamuna riverfront
NEW DELHI: You could soon be boarding a seaplane from the Yamuna riverfront to Ayodhya or from Mumbai to Shirdi for a pilgrimage, if the government has its way. The shipping and waterways ministry has issued an expression of interest (EoI) for the Sagarmala Seaplane Service (SSPS) for having this service to connect several places […]
RIL, Mukesh Ambani fined for ‘manipulative trades’
MUMBAI: Markets regulator Sebi on Friday fined Reliance Industries, Mukesh Ambani and two other entities a total of Rs 70 crore for alleged manipulative trading in the shares of Reliance Petroleum — which was merged with RIL in 2009— in a case that dates back to 2007. Sebi, in its 95-page order, said in November […]
LPG refill now a missed call away
NEW DELHI: Tired of call dropping while wading through the options thrown up by the IVRS system for booking an LPG cylinder? Well, help is at hand. Oil minister Dharmendra Pradhan on Friday launched a missed call service for ‘Indane’ customers anywhere in the country who can book their refill simply by giving a missed […]
December diesel demand crawls up to 97% of pre-pandemic level
NEW DELHI: India’s diesel consumption continued to cover slack in December but still remained 3% less than the same month of 2019, indicating the economy is gradually coming out of the woods. Diesel consumption, one of the key barometers of economic activity, had fallen 7% from the year-ago period in November after shooting past the […]
Air travel between India-UK to resume partially from January 8 with 30 weekly flights
NEW DELHI: Flights between India and the United Kingdom (UK) will resume from January 8, civil aviation minister Hardeep Singh Puri said on Friday. However to ensure stringent following of all protocols, India and UK carriers will be each operating 15 flights per week — that is, 30 flights weekly — to and from four […]
ATF price up 3.7%; LPG unchanged
NEW DELHI: Jet fuel or ATF price on Friday was hiked by 3.7 per cent, the third increase in rates in one month on firming international oil prices. Aviation turbine fuel (ATF) price was raised by Rs 1,817.62 per kilolitre, or 3.69 per cent, to Rs 50,978.78 per kl in the national capital, according to […]
Rural roads in bad shape
The rural roads are in a poor condition in the Ronhat area. Full of potholes and lacking maintenance, they expose the government’s claim of providing rural connectivity. The PWD should repair the roads at the earliest to avert any major mishap on these roads.
Relief from hefty bills during curfew, PSPCL to review cases
In the wake of widespread complaints of inflated bills from consumers during curfew/lockdown, the Punjab State Power Corporation Limited (PSPCL) has decided to review these bills issued between March 23, 2020, and September 30, 2020, on the case-by-case basis. During the lockdown, most electricity bills were issued on an average basis. The PSPCL Chief Engineer […]