'Retail FDI a must, but not the biggest reform'

Months after the Cabinet decision to open up multi-brand retail for foreign direct investment was put on hold, many industry analysts and experts seem to have hardened their stand that FDI in the......

Jet chief on what ails India's aviation sector

Steep operational costs and low air fares in India are causing sustained losses for domestic airlines, Jet Airways chief Naresh Goyal said on Wednesday. "While the growth outlook for our industry......

IATA terms service tax on air tickets illegal

The International Air Transport Association (IATA) has termed the service tax charged on air tickets by the Indian government as illegal according to the Chicago Convention. "According to the......

India's FDI policy in aviation to hurt: IATA

International aviation body IATAsaid on Thursday India's insular approach toforeign direct investment aviation is going to hurt the sector which needs an investment of $140 billion in the next 20......