Feb 21, 2017 at 15:28 | Source: PTI
The agency has revised the outlook for airports to positive for FY18 from stable in FY17, based on the solid fundamentals of air passenger volumes, underpinned by moderate fuel prices (although higher than 2016 levels) and favourable policy actions.
Feb 16, 2017 at 09:05 | Source: Reuters
The Organization of the Petroleum Exporting Countries (OPEC) and other producers including Russia have agreed to cut output by almost 1.8 million barrels per day (bpd) during the first half of 2017, and estimates suggest compliance by OPEC is around 90 percent.
Feb 15, 2017 at 16:44 | Source: CNBC-TV18
The Central Statistical Organisation (CSO) may project FY17 gross domestic product (GDP) growth at 6.8- 6.9 percent in its second advance estimates, say government sources to CNBC-TV18. CSO will release the numbers on February 20.
Feb 15, 2017 at 14:12 | Source: PTI
Lufthansa Group, which operates 60 flights to and from India per week, has recently introduced the fuel-efficient A350-900 aircraft on Munich-Delhi route.
Feb 15, 2017 at 09:54 | Source: PTI
The 12-month inflation rate hit 1.8 percent last month compared with 1.6 percent in December, the Office for National Statistics (ONS) said in a statement.
Feb 14, 2017 at 19:00 | Source: PTI
Second largest low-cost carrier SpiceJet today reported its eighth successive profitable quarter with a profit of Rs 181.1 crore for the three months to December, down 24.5 percent from Rs 240 crore a year ago.
Feb 14, 2017 at 12:26 | Source: PTI
In January 2016, the print was (-)1.07 percent. The last comparable high level of WPI was witnessed in July 2014 at 5.41 percent. As per Commerce Ministry data, inflation in the 'fuel and power' basket more than doubled to 18.14 percent in January, up from 8.65 percent in the previous month.
Feb 13, 2017 at 14:09 | Source: Moneycontrol.com
ICICI Direct recommended hold rating on Jet Airways with a target price of Rs 350 in its research report dated February 09, 2017.
Feb 11, 2017 at 06:00 | Source: CNBC-TV18
Higher sales volumes (up 3.6 percent at 143 million tonnes) and e-auction sales volumes (up 76.9 percent at 26 million tonnes) may support topline but weak FSA (fuel supply agreement) volumes and flat blended realisations despite price hikes may cap topline growth.
Feb 09, 2017 at 19:32 | Source: PTI
Air India Express had turned into black for the first time since its inception last fiscal posting a record profit of Rs 362 crore primarily on account of a reduced fuel cost and higher number of passengers.