It is bonanza time for international travellers yet again, with foreign carriers like Singapore Airlines, British Airways and Cathay Pacific cutting fares almost 50 per cent.
The minister of state said the requirement of the ministry was more and resources were limited.
No-frills carrier Go First filing for insolvency proceedings and cancelling flights is bad for the airline industry as the move will reduce capacity and could push airfares in certain routes, travel agents' grouping TAAI said on Wednesday.
With air fares soaring in the peak holiday season, the Civil Aviation Ministry is working on a proposal to cap the lowest and highest ticket prices for a given period which the airlines would not be allowed to cross.
After political rivals, the Narendra Modi government has come under fire from Shiv Sena over the rail fare hike with its oldest ally terming the move as akin to the common man being run over by train.
From almost 60 per cent as of December 2019, the share of liquidations in the mode of closure of total Insolvency and Bankruptcy Code (IBC) cases came down to 44 per cent till September 2023, data by the Insolvency and Bankruptcy Board of India (IBBI) shows. Experts say the decreasing trend in liquidations under the IBC in India can be largely attributed to the initial economic conditions of companies entering the Corporate Insolvency Resolution Process (CIRP). IBC experts also say the trend shows a certain stabilisation in IBC with the Code now rid of legacy bankruptcy issues.
No frills airlines SpiceJet and IndiGo have merged fuel surcharge with the base fares, saying it would simplify the prevailing fare structure.
Air India launched a short term 'SpringSale' of up to 50 per cent on all domestic sectors of its network, which is up for sale till Friday and valid for travel between February 21 and April 15.
Neil Mills explains the rationale behind slashing fare by 50 per cent in a recent offer.
Effective from midnight of January 21, the hike will help railways earn an additional Rs 6,600 crore a year. Railway Minister P K Bansal said it was imperative.
The railways are in the process of forming a Rail Tariff Authority but Bansal said the fare rise would be independent of the formation.
Cummins said the best way to overcome a challenge like that was to embrace it.
Will the young gun survive Virat Kohli's comeback?
A day after withdrawal of low fares by some major airlines, Jet Airways and its low-cost subsidiary JetLite have introduced Rs 300 and Re 1 as basic fares respectively under 30-day advance purchase scheme.
Railway Minister Mamata Banerjee is likely to present a populist Railway Budget on February 24, leaving passenger fares untouched but rationalising the freight rates keeping the essential commodities aside.
The airline is offering return fares as low as Rs 15,999 on the India-UAE route and Rs 51,999 on the India-US sector.
The results mark a defining turn in the fortunes of several regional satraps, especially in the BJP, around whom politics in their states have revolved for decades.
Try this refreshingly light and wholesome take on the Andhra tamarind gravy.
Railway Minister Pawan Kumar Bansal on Thursday hinted at a hike in passenger fare as he asked Parliamentarians to be "realistic" if they want the railways to move forward.
India Inc on Friday said the hike in railway passenger and freight fares will help in resource mobilisation, hoping that the higher fares will lead to better quality and safety of services offered by the Indian Railways, while asking the government to allow FDI in Railways.
The Maharashtra government has agreed to raise basic taxi fares in Mumbai by Rs 2 from the existing Rs 14.
An intriguing pulau that could be a great lunch fixture
Fresh formal job creation cooled for the second consecutive month to decline to a six-month low in September, signalling a downturn in the labour markets this financial year. The number of new monthly subscribers under the Employees' Provident Fund (EPF) declined by 6.45 per cent to 891,583 in September from 953,092 in August, shows the latest payroll data released by the Employees' Provident Fund Organisation (EPFO). Besides, the net payroll additions -- calculated by taking into account the number of new subscribers, the number of exits, and the return of old subscribers -- increased by 14.9 per cent to 1.72 million in September from 1.49 million in August.
'I always say you really cannot own a recipe.' 'In India, where, we have been cooking for thousands of years, how can you put a finger and say, 'This is mine'?'
Budget carriers say no to full cost airlines' proposal to up rates.
Rohit, who will also captain the side, will be expected to carry on with his ultra aggressive approach in the powerplay like he showed in the ODI World Cup.
The new discounted fares are Rs 10 (3 km), Rs 15 (8 km) and Rs 20 (20 km).
No-frills carrier SpiceJet has put ten lakh seats on the block with base fares starting as low as Rs 999, which are lower than a 3-AC train ticket, for a one-way journey under a limited period offer.
Stock markets will focus on global trends for further direction in this holiday-shortened week as the earnings season is largely over, analysts said. Trade experts expect the key benchmark indices to move sideways as investors are trying to decode the impact of rising inflation on foreign portfolio investments. Inflation data released by the US and China last week have fanned fears of earlier than expected rate hike and boosted US bond yields.
Ahmedabad airport recorded thrice the number of private chartered/VIP flights in the build-up to the final of the ICC Men's Cricket World Cup as compared to the average four-day period. The airport, which usually operates around 64 chartered flights in a span of four days, is set to handle 205 such flights between November 17 and 20, as celebrities and other VIPs descended to watch the India-Australia match.
The sale launched on Tuesday will be open till October 29.
Leading Indian carriers said more air fare increases are possible soon because airlines have still not been able to sell tickets at a fare that meets their costs. Sources in SpiceJet said the increase in basic air fares announced on Thursday would meet only half the increase in cost per seat so the airline has to look at ways to increase fares, especially if oil prices went up again.
A partial withdrawal of flights by Kingfisher Airlines has led to a more than 100 per cent rise in spot fares on key metro routes.
Jet Airways is keen to improve its market share
Who do you think should be part of India's playing XI for the second Test against England?
'The levy proposed to be charged on air tickets for regional connectivity fund would marginally increase cost.'
Noting that private airlines had raised fares exorbitantly in the wake of Air India strike, members in the Rajya Sabha on Thursday voiced concern over the matter even as the government promised to ask such carriers not to take advantage of the situation.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances