SpiceJet trims September quarter losses by 45 pct to Rs 310.44 crore
Low cost carrier SpiceJet on Friday reported a reduction in its losses by 45% during the July to September quarter to Rs 310.44 crore from Rs 559.49 crore it posted during the same period of the previous year. The improved performance of the Gurgaon-based carrier came on the back of higher load... read more »
Direct Benefit Transfer of LPG scheme from today
The Union Ministry of Petroleum and Natural Gas launches the modified Direct Benefit Transfer of LPG (DBTL) scheme from Saturday. Originally the erstwhile United Progressive Alliance(UPA) government launched the DBTL scheme on June 1, 2013 at select cities including Puducherry and finally covered... read more »
Inflation drops to 5-year low of 1.77% in October
Continuing decline in food prices, including vegetables, pulled wholesale price inflation to a five year low of 1.77% in October. The Wholesale Price Index (WPI) based inflation was at 2.38% in September and 7.24% in October 2013. As per data released by the government today, the food inflation... read more »
Delhi Electricity Regulatory Commission Withdraws Power Tariff Hike
The Delhi Electricity Regulatory Commission or DERC has withdrawn the power tariff hike of up to seven per cent in the national capital which was announced last night, according to the Press Trust of India. The hike would have come into effect from tomorrow. The regulator had hiked the tariff by... read more »
