Rise in domestic petrol prices, due to high crude oil costs, is comparatively lower than other countries such as the US, Germany, the UK and France, Petroleum and Natural Gas Minister Hardeep Singh Puri told the Parliament on Tuesday.Lately, global crude oil prices have risen due to the Russian-Ukrainian war.Participating a debate in Lok Sabha…Continue Reading
Industry body All India Solar Industries Association (AISIA) has urged Power and New & Renewable Energy Minister R K Singh that structural safeguards and tariff-based barriers are needed for domestic manufacturing to gain a foothold and establish itself. The body highlighted that the (solar equipment) “domestic manufacturers run their plants at 30 per cent capacities…Continue Reading
“The structural story in case of India and this equity flows coming in from the domestic investors, is the strongest part of India story,” says Mahesh Nandurkar, MD, Jefferies. What is the call that Jefferies has for the Indian equity market? Are you going to rerate it? What is the advice that you are giving…Continue Reading
Synopsis“One has to be very careful in the consumer facing companies which are using commodity as a huge part of the costs as the commodity prices are going up. So barring those companies, one can see volume growth in the consumer companies.”ETMarkets.com“The capex cycle along with the government expenditure and the consumer spending are the…Continue Reading
Passengers flying domestic flights will only be allowed to carry only one bag inside the cabin of the aircraft, as the Bureau of Civil Aviation Security (BCAS) has ordered airports and airlines to enforce the one bag norms. BCAS has asked the airport operators and airlines to implement the order after it found that passengers…Continue Reading
Domestic passengers in India crossed the 10 million mark after a gap of 20 month mainly on the back of increase in demand for leisure and visiting friends and family travel, as the number of infections decline. During the month of November, airlines carried 10.5 million passengers as compared to 6.4 million carried during the…Continue Reading