Jet Airways flies into black in Q1 on lower fuel cost

Jet Airways on Friday reported a consolidated net profit of Rs 226.4 crore or Rs 2.26 billion for the first quarter ended June 30, helped by higher revenues and increase in passenger traffic. The......

What SpiceJet is doing to arrest loss

SpiceJet has reduced its capacity in a 'fleet standardisation' exercise, the airline said on Tuesday. Over the past six months, the airline's fleet has shrunk from 58 aircraft to 48 planes with the......

RBI likely to hold key rates

Reserve Bank Governor Raghuram Rajan is widely expected to hold the key rates citing high inflation at the fourth bi-monthly monetary policy announcement on Tuesday, even though the pro-growth......

Markets pause after record breaking spree on profit taking

Markets ended lower on Wednesday, amid weak European cues, on profit taking after sharp gains in the previous two sessions which lifted the benchmark share indices to their record highs. Meanwhile,......