Fuel Costs

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Retail inflation likely edged up to nine-month high in July on rise in food prices: Economists' poll
Business

Retail inflation likely edged up to nine-month high in July on rise in food prices: Economists' poll

India’s retail inflation rose for the sixth straight month in July - the longest stretch of monthly increases since January 2016 - to a nine-month high, largely due to a continued rise in food prices, a Reuters poll predicted

Inflation may have crept up to six-month high at 2.97% in April driven mainly by food prices: Poll
Business

Inflation may have crept up to six-month high at 2.97% in April driven mainly by food prices: Poll

While inflation is tame now, economists say that rising oil prices will eventually push inflation up and could pose a challenge for whatever government is formed after India’s national election is completed later this month.

Tatas in pursuit of controlling stake in debt-laden Jet Airways; aim to move from fringe player to centre stage
Business

Tatas in pursuit of controlling stake in debt-laden Jet Airways; aim to move from fringe player to centre stage

Buying Jet Airways, with its fleet of 124 aircraft, would return Tata to the forefront of Indian aviation in terms of size, almost 70 years after its first airline was nationalized, and six years after it re-entered the market with two joint ventures.

Cash-strapped Jet Airways in talks with many 'interested parties' for stake sale, capital infusion
Business

Cash-strapped Jet Airways in talks with many 'interested parties' for stake sale, capital infusion

Jet Airways is looking for investors to tide over the liquidity crisis, which has resulted in delayed payments to some vendors and salaries to a section of its over 16,000 employees.

Debt-laden Jet Airways to cut flights on some routes after further losses; to add capacity to more lucrative markets
Business

Debt-laden Jet Airways to cut flights on some routes after further losses; to add capacity to more lucrative markets

Jet, India’s biggest full-service carrier posted its third straight quarterly loss on Monday, hurt by higher fuel expenses and a weaker rupee.

Disappointed with Q2 results, Indigo CEO Rahul Bhatia urges staffers to help cut costs, be courteous
Business

Disappointed with Q2 results, Indigo CEO Rahul Bhatia urges staffers to help cut costs, be courteous

IndiGo CEO Rahul Bhatia in an email to employees urged them to ensure the airline provides on-time, courteous and hassle-free service that is essential to keep the airline winning

Uber, Ola drivers strike in India, demanding higher fares to meet fuel costs
News & Analysis

Uber, Ola drivers strike in India, demanding higher fares to meet fuel costs

While fuel prices in India have risen, drivers say fares have not grown at the same rate.

Ethanol as alternative fuel: Why the idea is bad and will worsen the plight of sugarcane farmers
Business

Ethanol as alternative fuel: Why the idea is bad and will worsen the plight of sugarcane farmers

Sugarcane has become a bitter crop for Maharashtra. Ethanol is just one more way by which it seeks to gain legitimacy.

Services sector expands at slower pace in September as higher fuel costs, stronger US dollar make imported goods expensive
Business

Services sector expands at slower pace in September as higher fuel costs, stronger US dollar make imported goods expensive

Companies reported that market conditions were underwhelming amid a lack of demand at a time of generally higher prices

India's shadow banking scare could derail its robust growth story; raising money to become difficult for NBFCs
Business

India's shadow banking scare could derail its robust growth story; raising money to become difficult for NBFCs

The NBFCs loan books grew 21.2 percent in the fiscal year ended March 2018. In comparison, bank loans grew 10.3 percent over the same period.

IndiGo parent InterGlobe's shares tank 20% post weak Q4 results; market players dump airline stocks in early trade
Business

IndiGo parent InterGlobe's shares tank 20% post weak Q4 results; market players dump airline stocks in early trade

IndiGo's parent InterGlobe Aviation on Wednesday reported 73 percent plunge in profit after tax (PAT) to Rs 117.64 crore for the March quarter as higher fuel costs and foreign exchange loss took a toll on its bottom line

WPI inflation falls to 3.58% in December as vegetable prices decline even as fuel costs surge
Business

WPI inflation falls to 3.58% in December as vegetable prices decline even as fuel costs surge

Inflation in protein rich eggs, meat and fish cooled to 1.67 percent in December, while that in fruits spiked to 11.99 percent

British inflation holds at 0.6% despite Brexit vote
Business

British inflation holds at 0.6% despite Brexit vote

The 12-month Consumer Price Index rose by 0.6 percent in August, as rising food and transport prices were offset by the falling cost of clothing, wine and hotels

Suresh Prabhu seeks inputs from energy experts to cut fuel bill in railways
Economy

Suresh Prabhu seeks inputs from energy experts to cut fuel bill in railways

The ministry has already started doing an energy audit to know the details of energy consumption and look at ways to reduce energy cost.