A tanker carrying highly inflammable air turbojet fuel from Sabarmati in Gujarat to Pune caught fire after a head-on collision with a container at Lavhati junction on the Vinchur-Prakasha road.
Pakistan Prime Minister Nawaz Sharif on Saturday called for the early formation of his planned anti- terrorism force (ATF), describing it as the need of the hour.
For the second time this month,
state-run oil companies today cut jet fuel prices to ease the
burden on cash-strapped airlines.
For the second time this month, state-owned oil firms on Sunday hiked jet fuel prices, this time by 2.4 percent following a spurt in international oil rates.
State-owned oil firms on Saturday hiked
jet fuel prices by nine per cent to over Rs 39,000 per
kilolitre following a spurt in international oil rates.
For the third straight fortnight
in a row, the state-owned oil firms today slashed jet fuel
prices by 2.4 per cent on strengthening of rupee against
For the second time this month, the state-owned oil firms today slashed jet fuel prices by 2.1 per cent in line with softening international rates.
After three consecutive hikes, state-run oil firms today slashed jet fuel prices by 3.2 per cent in line with the softening international rates.
Fuel cost is usually 10-15% elsewhere of an airline’s total operating cost, in India it accounts for about 40%.
A GoM will look into the issue of sales tax and high ATF prices, Civil Aviation Minister said today.
The Union Cabinet is likely to
take up the airline industry`s concerns over high taxes on jet
fuel and airport charges at its next meeting and a Group of
Ministers (GoM) may be set up to focus on ATF pricing.
Over capacity, high airport charges are responsible for current woes, Jet Airways chief said.
The government on Monday admitted in
Parliament that Central and state taxes made up for more than one-third of the jet fuel price, corroborating the statement of private airlines.
Day in Pics: 1st September
Showbiz World - September 1, 2014
Famous Ganesh Pandals in Mumbai