Domestic air passenger traffic rises 14% in February 2017: ICRA
4 April 2017 8:00 PM ISTAs per the reports by domestic rating agency ICRA on Tuesday, the domestic air passenger traffic in India has witnessed an increase by 14 per cent year-on-year to 21.9 million in February.
Natural gas price far below average production cost
3 April 2017 10:43 PM ISTFollowing the implementation of modified gas pricing, the rate of domestic gas reduced to $2.48 per million British thermal unit for first half of 2017-18 (April-September), less than half of $5.05 when the formula was first applied in November 2014.
Indian gas prices far below average production cost: ICRA
3 April 2017 8:30 PM ISTThe government last week marginally cut the natural gas price paid to producers to $2.48 per million British thermal unit (mbtu) effective for six months from April 1.
