Rupee is seen to remain in the range of 67.50-68.80 in the short-term
Exchange rates to provide for 5-7% savings in package costs; consultants forecast higher property purchases by Indians; currency depreciation to make education cheaper
Fares would vary according to sector.
This was achieved despite falling tourist arrivals post Babri Masjid demolition in December 1992.
Experts said the risks associated with the Indian Experts say that aviation sector would keep investors away from airline stocks.
'Overall, the Indian economy is doing well.' 'Our economic fundamentals are strong and the early signs of recovery are sustainable.' 'This is positive for the market in the long run.'
Never one to mince words, Rajan will walk away with a mixed legacy
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
The proposed Rs 10,000 crore (Rs 100 billion) of bond purchase would be done on Monday.
Vistara and AirAsia India have been lobbying for the relaxation of this rule.
New SDR norms allow promoters to manage debt-laden firms.
The combined sales of the branded versions of the products in the US is about $3.5 billion.
This gains importance in the backdrop of speculation on a second term for Raghuram Rajan.
A number of industrial countries are now resorting to populism and this has its own set of political implications.
Carriers' input costs are rising due to weak rupee and rising crude oil price.
While Raghuram Rajan has said in the past that other factors, including domestic fundamentals, outweigh the US Fed policy meet, this time it would be different
Raghuram Rajan's 'surgery' uncovers more bad loans
Domestic jet fuel prices are up 7%, but are still 14% lower on a y-o-y basis. While lower fuel prices have brought respite to airlines, their non-fuel costs are rising because of rupee depreciation
There is also a lobby within the bureaucracy that wants to see Rajan's influence curtailed
The working groups will comprise representatives of airlines, airport operators and the AAI.
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