Re-instatement of 5% custom duty on crude imports will help.
The aviation sector requires proper implementation of policies, coupled with reasonable taxes and improved basic infrastructure.
Indian state's generosity is not restricted to its poorest citizens.
In Mumbai, jet fuel costs Rs 71,940.36 per kl as against Rs 73,306.89 per kl previously, IOC said.
Though SpiceJet is likely to resume flights, experts have a doubt on the airline's financial capabilities.
Overseas airlines can operate unlimited number of flights into and out of India.
Stocks and sectors impacted most by GST.
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
Strong passenger growth will help domestic airlines improve their top line and margins.
While scheduled airlines operate flights as per schedules drawn up for several months or even years and are committed to flying during these periods on these routes, an NSOP or a charter operates irregularly and may be planned a short time before a flight.
Currency depreciation also hits earnings of all domestic carriers
To reduce those not even meeting variable costs to 19% of network by March, from 38% five months ago.
The 30-share Sensex ended up 8 points at 27,508 and the 50-share Nifty closed 1 point higher at 8,284.
The S&P BSE Sensex closed at 26,190, up by 43 points and Nifty50 settled above 7,950 to end at 7,963, up by 17 points
The government also said it will hold consultations with the airlines to explore the possibility of curbing the menace of charging exorbitant airfares during emergency situations.
The response to the sale has been overwhelming.
FIFA president Sepp Blatter and its secretary general Jerome Valcke have both hired high-powered US lawyers to represent them as a corruption probe roils soccer's global governing body.
Inching closer to launch its operations, new no-frill carrier AirAsia India on Saturday took delivery of its first Airbus A-320 as it landed in Chennai after flying in from Toulouse headquarters of the European aircraft manufacturer.
Business opportunity after phased diesel deregulation the main trigger.
Majority of India's international routes have been captured by foreign airlines.
The sector requires proper implementation of policies, coupled with reasonable taxes and improved basic infrastructure.
Auto stocks Hero MotoCorp and Mahindra & Mahindra gained 1-2 per cent on the back of strong sales in the month of September.
Budget should be a platform for govt to take bold steps.
The 30-share Sensex ended down 71 points at 26,710 and the 50-share Nifty lost 38 points to close at 8,030.
It is imperative that the government first decides who should assume ownership of running Air India.
The national carrier's market share has declined from a near-monopoly to 16.6 per cent as of September 2014.
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