Air India will be saving $150 million over 15 years by mounting advanced General Electric engines GE90-115B on its 27 Boeing 777-300ERs aircraft.
In a meeting with stakeholders last week, the authority mooted setting up a Special Purpose Vehicle along with airlines and state-owned oil marketing companies to develop common infrastructure to import ATF, among others, at Chennai and Kolkata airports. While AAI and OMCs will hold 76 per cent in the proposed SPV, the airlines will participate in the remaining 24 per cent equity.
Six months after Nepal was devastated by a massive earthquake, relief efforts are literally running out of steam as weeks of protests against a new constitution have led to a critical shortage of fuel. Naomi Mihara reports on how NGOs are racing against time to reach aid to the people before winter sets in.
Within a week of shifting from carbonised air-tickets to e-tickets, the Indian air carriers have managed to save estimated Rs 15 crore (Rs 150 milllion), providing them a way to cut costs after the rise in Aviation Turbine Fuel (ATF) prices.
India is 'deeply concerned' at the deteriorating security situation and astounding loss of civilian lives in the ongoing conflict.
Novak Djokovic is arguably the best returner the game has ever seen, is the best athlete and has an engaging personality, there is only so much love to go around.
Can Bhavish Aggarwal upend the electric two-wheeler market, which is now overwhelmingly in favour of scooters?
Even in this darkest hour of a crumbling economy and raging disease, there is hardly a murmur of protest against the government, observes Sumit Bhattacharya.
From using bio-fuels to revamping in-flight food and drinks services, eschewing mass-produced chicken/eggs in favour of local, farm-raised options to offering eco-friendly toys for children, airlines try out inventive measures to encourage carbon-neutral practices.
President Trump, forcefully pursuing his 'America first" policy, has previously described India as a "tariff king" for imposing "tremendously high" tariffs on American products, also expressed dissatisfaction over the US-India trade ties. "Well, we can have a trade deal with India, but I'm really saving the big deal for later on," Trump, who is scheduled to visit India on February 24 and 25, told reporters at the Joint Base Andrews outside Washington on Tuesday when asked whether he expects a trade deal with India before the visit.
We need to make sensible choices that are in the long-term interest of Indian cricket -- and the game itself, suggests Indrajit Gupta.
'You need to have enough funds to maintain the primacy of public transport and it should not suffer because of lack of funds.'
When asked if it would not be good for farmers as they would be rid of an anti-farmer government, CPI general secretary A B Bardhan said that the farmers would continue to die as there would be nobody to save them.
The Rs 2,000 note withdrawal decision and response to it so far suggest that the move can help boost FY24 GDP growth to beyond 6.5 per cent estimated by the RBI, a report said on Monday. The real GDP growth for the first quarter of FY24 will come at 8.1 per cent with an upward bias and the Reserve Bank of India's 6.5 per cent estimate can also be exceeded, economists at the country's largest lender SBI said. "We expect Q1 FY24 GDP growth at 8.1 per cent with an upward bias due to the impact of Rs 2000 note withdrawal event...this reinforces our projection that FY24 GDP could be higher than 6.5 per cent, basis the RBI estimate," a note said.
The plane that crashed in Colombia virtually wiping out an entire Brazilian football team was running out of fuel, had no electrical power, and was preparing for an emergency landing, according to the pilot's final words. The disaster on Monday night killed 71 people and sent shock waves round the global football world. Only six on board the LAMIA Bolivia charter flight survived, including three of the Chapecoense football squad en route to the biggest game in their history: the Copa Sudamericana final.
Lessor market sources said with the fuel prices remaining high, IndiGo would get better rates for the fuel-efficient A320neos.
The world's largest cash transfer programme has eliminated around 40 million ghost connections
Domestic airlines will save around Rs 2,500 crore annually if they import aviation turbine fuel directly rather than buy it from state-owned oil marketing companies. This would help them shave off around 14 per cent of their burgeoning fuel bill and cut the industry's projected loss of Rs 8,000 crore for the current financial year by a little less than a third.
'The situation is so bad that it is not possible for me to explain in words how bad the conditions are for the common man of Manipur.'
Petrol doped with 20 per cent ethanol was rolled out on Monday at select petrol pumps in 11 states and union territories as part of a programme to increase use of biofuels to cut emissions as well as dependence on foreign exchange-draining imports. At present, 10 per cent ethanol is blended in petrol (10 per cent ethanol, 90 per cent petrol) and the government is looking to double this quantity by 2025. Prime Minister Narendra Modi launched the higher 20 per cent ethanol blended petrol two months ahead of the planned rollout in April, at the India Energy Week (IEW) 2023 in Bengaluru.
Government's fuel subsidy estimate was based on crude oil at $70.
Animal's violence isn't for the fainted-hearted unless you have an appetite for Korean style mayhem, like Sukanya Verma.
While India won't be immune to global spillovers, we need to create the macro preconditions for sustained growth. Policy agility, prudence, and resilience will be key, suggests Sonal Varma.
Delhi Chief Minister Arvind Kejriwal on Friday said pollution levels declined in the national capital due to government initiatives as he announced a 15-point winter action plan to curb pollution.
Former deputy chief minister Sachin Pilot on Tuesday alleged that the Bharatiya Janata Party government at the Centre had 'failed in every field' and claimed if the Congress wins in upcoming state elections, then the Indian National Developmental Inclusive Alliance (INDIA) will form a coalition government in 2024.
India's import of discounted crude oil from the Russian Federation hit an all-time high in May, with state-run refiner IOC becoming the biggest importer of Russian oil, relegating Reliance Industries to the second place, trade and shipping data show. Indian imports of Russian oil, accounting for over 46 per cent of its total crude oil imports in May, have grown after strong backing by New Delhi, with state-run refiners powering imports of discounted crude. Discounts on Russian oil average around $10 a barrel, said an official from a state-run refiner. IOC's May purchases rose by 64 per cent on the month, and accounted for half of its total crude imports last month, ship tracking data show.
According to the Ministry of Energy, the system of frequency of the national grid went down at 7:34 am local time, resulting in the breakdown.
On Thursday, Oil Minister Dharmendra Pradhan had stated that the government was reworking the subsidy-sharing formula.
Ferrari's Charles Leclerc secured pole position for the Singapore Grand Prix on Saturday after a furious Max Verstappen was forced to abandon his fastest lap for fear of running out of fuel.
Enjoying the backing of the regulator, Gill has identified the core problems, ring-fenced the banks from "influencers" and is in the process of building a new team. Now, he needs to play a Vikram Pandit for YES Bank, says Tamal Bandyopadhyay.
'Israel should stop water supply to the people who want to destroy us.' 'It is not Israel's responsibility to take care of the people who want to kill Israelis.'
The government HAD to increase the price of diesel; it could not have allowed the Indian economy to commit suicide by November 2012, a former senior official tells Sheela Bhatt
Lack of a petrol engine and an automatic variant for the current diesel motor might upset some of the buyers.
Prime Minister Narendra Modi on Friday alleged that "urban Naxals and anti-development elements" with political backing had stalled the construction of Sardar Sarovar dam on the Narmada river in Gujarat for many years by running a campaign that it would harm the environment.
An alternate aircraft of Indian budget carrier SpiceJet flew to Dubai from Karachi's Jinnah International Airport on Tuesday night, ending a wait of nearly 11 hours for 138 passengers who got stranded there after taking off from New Delhi in the morning.
Jet will, however, continue to pay the sale-linked productivity bonus to them.
A senior first officer with Jet Airways shares her plight.
'At least we had an asteroid. What's your excuse?'
'The next war will be fought by China-Pakistan against India and we have to fully be prepared. We must read the writing on the wall.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances