Jet fuel constitutes over 40 per cent of an airline’s operating costs and the price cut will bring relief to the cash-strapped carriers.
Posts tagged Rediff
RBI sees growth recovery but retains GDP forecast at 7.4% (01-12-2015)
Rajan also said the outlook for agriculture is subdued, in view of both rabi and kharif prospects being hit by monsoon vagaries.
Base rate calculation guidelines for banks soon: RBI (01-12-2015)
The methodology will be announced later this week.
Tracking RBI’s central concerns (01-12-2015)
Governor’s statements will be weighed to gauge confidence level.
Markets in the green on uptick in GDP numbers; oil, metals shine (01-12-2015)
India’s GDP for the three-month period ended September 30 grew 7.4%.
Beat inflation and get good returns from your investments (01-12-2015)
Inflation indexed bonds assure a positive return over inflation.
India’s manufacturing growth at 25-month low in November (01-12-2015)
The Reserve Bank of India is expected to keep policy unchanged this week as it looks to control inflation.
Maruti cheers bumper sales in Nov; Swift, Estilo, Dzire best sellers (01-12-2015)
Car makers see good sales post Diwali.
RBI keeps repo rate on hold as expected (01-12-2015)
India’s central bank kept its key repo lending rate unchanged at 6.75 percent on Tuesday.
‘RBI will link further cuts to inflation, fiscal stance’ (01-12-2015)
RBI awaits fiscal stance, inflation to cool off to decide on rates.