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Aviation minister says capping airfares will make flying costlier

Feb 02, 2016

Aviation minister says capping airfares will make flying costlier

According to the minister, airlines should pass on the benefits of lower ATF prices to the flyers. #Business #NewsTracker #Aviation #Jet fuel #ATF #airfares #Ashok Gajapathi Raju
Budget 2016: Excise duty hiked on petrol by Re 1/litre, on diesel by Rs 1.5

Jan 30, 2016

Budget 2016: Excise duty hiked on petrol by Re 1/litre, on diesel by Rs 1.5

If the government would not have raised these duties, consumer price of petrol and diesel should have been lower by 11.77 a litre and Rs 13.30 per litre, respectively. #Economy #NewsTracker #Petrol #Diesel #fuel prices #excise duty #Union Budget 2016 #Economy 2016 #Taxes 2016
SpiceJet posts Rs 238 crore profit for third quarter aided by drop in fuel cost

Jan 22, 2016

SpiceJet posts Rs 238 crore profit for third quarter aided by drop in fuel cost

Budget airline SpiceJet today reported a net profit of Rs 238.40 crore for the three-month period ended December 2015, staying profitable for the fourth straight quarter mainly aided by lower fuel costs. #Profit #Q3 #SpieceJet #Ajay Singh #Oct-Dec quarter #jet fuel cost
Falling price: Petrol becomes cheaper by 32 paise, diesel by 85 paise a litre

Jan 15, 2016

Falling price: Petrol becomes cheaper by 32 paise, diesel by 85 paise a litre

The reduction would have been more but for government raising excise duty on the two auto fuel to take away some of the gains from the crude oil prices slumping to 12-year low of under $30 per barrel. #Economy #NewsTracker #Petrol #Indian Oil #Diesel #Fuel
Delhi odd-even: Private drivers put on half pay, another side to this war on pollution

Jan 06, 2016

Delhi odd-even: Private drivers put on half pay, another side to this war on pollution

Perhaps the goal is worth that risk of losing jobs but really, you cannot suddenly pay your driver half a salary, that is just not done. #ConnectTheDots #Salary #South Delhi #fuel stations #odd-even #Private drivers
Euro VI compliant fuels to be implemented 4 years prior in 2020, says Nitin Gadkari

Jan 06, 2016

Euro VI compliant fuels to be implemented 4 years prior in 2020, says Nitin Gadkari

Indian refiners need to invest Rs 30,000 crore to produce Euro VI compliant fuel #Nitin Gadkari #Pollution #refiners #Euro VI compliant fuel