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FARE STRUCTURE REGULATION
Should Titan shareholders worry about recent gold import duty hike? Let 2013 customs move explainTitan Company shareholders are concerned about the recent import duty hike on gold and silver. This move has caused panic in jewellery stoc...- Congress demands withdrawal of circular asking Haj pilgrims to pay Rs 10,000 moreThe Congress party has demanded the withdrawal of a Rs 10,000 airfare increase for Haj pilgrims. The party alleges the Modi government has ...
- Spirit Airlines shutting down: why did Spirit Airlines fail and how to get your refunds right nowSpirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carri...
- California oil and jet fuel supply crisis: why are prices hitting $15 jet fuel and $5.85 gas as capacity and supply plunge—how soon can recovery happen?California oil and jet fuel supply crisis is intensifying fast. Jet fuel prices have surged near $15 per gallon. Gasoline has climbed to $5...
- The Buffett framework of investing: Why some stocks deserve a PE of 25, and others deserve a PE of 10In his letter to shareholders, Warren Buffett revealed a valuation framework that explained why stocks can lose half their value without an...
- Decontrol oil prices and replace cross-subsidies with targeted DBTs for needy householdsDuring recent global crude price volatility linked to West Asia tensions, retail fuel prices in India remained largely unchanged, unlike in...
- Dubai realty shaken from West Asia conflict but holds its groundReal estate transactions in Dubai fell 14% in early April amid the West Asia conflict, with buyer sentiment hit and rental demand sharply d...
- Govt suspends directive on flight seat selection feeA government directive for Indian airlines to offer 60% of seats without extra charges has been paused. This decision follows strong opposi...
- Govt directive to offer 60% flight seats without additional charges put on holdThe government has paused its order for airlines to provide at least 60 percent of flight seats without extra cost. This decision follows c...
- India has managed war disruptions better than many other economies: P D SinghIndian businesses and banks are navigating the West Asia conflict with resilience. Deal pipelines remain largely unaffected, with only war-...
- Airlines must make 60% of seats available without selection chargesAirlines in India must now offer at least 60% of seats without extra charges. Passengers on the same booking will be seated together. Polic...
- Ola, Uber, Rapido asked to follow base fare of black-&-yellow taxis in MumbaiIn a letter dated September 16, the Mumbai Metropolitan Region Transport Authority (MMRTA) said the existing fare of black-and- yellow taxi...
- Maharashtra notifies cab policy; 10% penalty for driver cancellations: ReportThe policy also standardised fare structures. Base fares will be pegged to those notified by the Regional Transport Authority. Discounts du...
- Airline fare imbalance may continue amid new entriesAn executive at a different airline said pricing sanity is a must for an industry that is trying to recover from the impact of Covid-19.
- Railways rules out fare regulator for pvt trains, to allow competition in transport sector"The PTO (private train operators) would be operating in a competitive environment and would need necessary autonomy. Indian transportation...
- Predatory airfare pricing going on, airlines will shut down if it continues: Aviation Minister Hardeep Singh PuriIndiGo & SpiceJet reported Rs 1,062 crore and Rs 463 crore loss respectively in the second quarter of 2019-20.
- K'taka to notify new fare norms for cab operatorsUnder the new regulations, app-based taxi operators may get enough leeway to rejig fares within a set fare band.
- Air ticket pricing responds to demand, supply: MoS Mahesh SharmaPricing of air tickets by domestic carriers runs at multiple levels that are in line with global practices and respond to market dynamics, ...
- Need for effective mechanism to regulate air fares in NE: Takram SanjoyThe MP said the sudden spurt in air fares comes at a time when there was a huge flow of students from the region to different parts of the ...
- Domestic airlines express inbility to display number of seats at each fare levelAirline chiefs, told DGCA that implementation of the order would be tantamount to regulation of airfares, something which govt has ruled ou...
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