Air India, Express may share key teams in cost-cutting push
Business Lineby Rohit Vaid·3d ago
Tata Sons-led Air India Group is examining a proposal to integrate some key departments of Air India with those of Air India Express to reduce duplication and costs, sources told businessline.
Amazon Prime bets on Tier 2/3 cities, prime-only discounts to drive festive shopping
Business Lineby Jyoti Banthia·3d ago
Amazon Prime is seeing its customer base deepen beyond the metros, with 70 per cent of new members coming from Tier-2 and Tier-3 cities, even as the company expands its proposition around savings...
Airlines urge govt to unlock delayed ECLGS funds
Business Lineby BL New Delhi Bureau·3d ago
The airline industry has sought urgent government intervention to expedite the release of sanctioned credit under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, citing delays by lending...
Gujarat extends MSP registration deadline for four Kharif crops to Oct 24
Business Lineby BL Ahmedabad Bureau·3d ago
The Gujarat government has extended by 15 days the deadline for farmers to register for procurement of four Kharif crops — groundnut, moong, soybean and urad — at the Minimum Support Price (MSP)...
Shifting flights in twenty days not possible, say airline execs on Mumbai airport flight cut proposal
Business Lineby Aneesh Phadnis·3d ago
Mumbai: Shifting flights from Mumbai to Navi Mumbai airport will not be possible in twenty days, a senior airline official said citing complexities involved in the process.
Power to arrest under GST
Business Lineby Mohan R Lavi·3d ago
As the GST Council meets on October 7 for its 57th meeting, one of the more contentious items before it is whether GST officers should retain the power to arrest at all.
Four new airports to be developed in Bengal under UDAN: Civil Aviation Minister K Rammohan Naidu
Business Lineby BL Kolkata Bureau·3d ago
Union Civil Aviation Minister K Rammohan Naidu on Monday said four new airports will be developed in West Bengal over the next two years under the UDAN scheme as the State officially joined the...
Priming the market for a repo rate hike? RBI announces bigger VRRR auction
Business Lineby K Ram Kumar·3d ago
In an indication that the financial system is being primed for a rate hike, the Reserve Bank of India has decided to conduct an overnight variable rate reverse repo (VRRR) auction for a larger...
Two leaders on tenterhooks
Business Lineby Sridhar Krishnaswami·3d ago
In less than a month, the political fate of two leaders would have been determined even if they are not directly on the ballot.
Conditions ripe for rate hike
Business Lineby Abhiman Das; Smita Roy Trivedi·3d ago
Has the time for a rate hike finally arrived? In retrospect, as we had argued earlier, given the global and domestic inflationary trends, a pre-emptive rate hike would have helped (businessline...
Pulses, potash, visas on the table as India-Canada begin fifth round of CEPA talks
Business Lineby Amiti Sen·3d ago
Predictable market access for agricultural products and farm inputs, including pulses and fertilizers, technical standards, and adequate visas for workers are among the key issues India and Canada...
Shyam Metalics & Energy to invest ₹50,000 cr in 9 mtpa steel plant in Maharashtra
Business Lineby BL Mumbai Bureau·3d ago
Shyam Metalics & Energy, a leading metals and minerals producer, plans to set up an integrated steel complex of 9 million tonne per annum at Chandrapur in Maharashtra with an investment of ₹50,000...
Letters to Editor
Business Lineby Jacob Thomas·3d ago
MPC’s modest tightening This is with reference to the editorial ‘Bite the Bullet’ (Oct 5). The editorial has rightly said that it seems prudent to consider a 25-basis point repo rate hike by MPC...
Trip to educational institutions for a student costs over ₹400 and take 23 minutes
Business Lineby Our Bureau·3d ago
A student, on an average spends more than ₹400 per month on round trip to and from educational institution, the first all-India survey on household travel report from Statistics Ministry released...
India, Switzerland to expand market access, address concerns as TEPA turns one
Business Lineby Amiti Sen·3d ago
India and Switzerland on Monday agreed to expand market access for Indian exports and address trade and investment-related constraints faced by businesses as the two countries seek faster...
IndiGo revises fuel charges amid rising ATF costs
Business Lineby BL New Delhi Bureau·3d ago
Airline major IndiGo has revised fuel charges across its domestic and international routes following a sustained increase in aviation turbine fuel (ATF) prices.
India needs more global institutions as BITSoM marks five years: Birla
Business Lineby Suresh P Iyengar·3d ago
India will need more globally benchmarked educational institutions as the country grows, Aditya Birla Group Chairman Kumar Mangalam Birla said, stressing on the importance of preparing students for...
UPI MDR should not attract any GST: Former RBI Governor C Rangarajan
Business Lineby BL Chennai Bureau·3d ago
The new merchant discount rate (MDR) to be imposed on UPI merchant transactions above ₹2,000 should not attract any GST, former Reserve Bank of India Governor C Rangarajan said here on Monday.
EVs, not the only solution to reduce pollution: Venu Srinivasan
Business Lineby BL New Delhi Bureau·3d ago
Electric vehicles (EVs) are not the only solution to reduce pollution, and the auto industry should remain technology-agnostic in its efforts to cut emissions while giving consumers a greater...
Health activists calls for regulation of private hospital charges, margins
Business Lineby BL New Delhi Bureau·3d ago
Private hospitals are charging patients significantly more than the cost of providing treatment, with large corporate hospital chains earning substantial surpluses from each bed and imposing high...
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