Economy & Policy

Carriers can yet fly through fuel turbulence

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KPMG study says despite ATF price hike, Indian airlines can break even by simple measures

NEW DELHI, JULY 3: Indian carriers that are reeling under projected losses of Rs 8,000 crore this fiscal can achieve break even and become profitable despite rising jet fuel costs, says a new study by KPMG. The study suggests airlines can achieve this by focusing on process improvements, cost optimisation and by switching to a leaner business model.

Source: http://www.indianexpress.com/story/331151.html

More fuel to inflation fire

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Price Domino Inflation may touch 10 per cent in 6-8 weeks

P Vaidyanathan Iyer & George Mathew

Low-Income Nations give Children Poor Start

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The Asia-Pacific region has been successful in its attempts at reducing under-five mortality rate, which has been steadily declining from 90 per 1,000 live births in 1990 to 58 in 2005. The rate declined in the SAARC region as well, however, at a lesser pace. The rate declined from a startling 129 per 1,000 births in 1990 to 82 in 2005.

Centre bites bullet, hikes petrol and diesel prices

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High crude prices No lowering of excise duties to soften impact

Israel proposes free trade pact with India

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Israel has proposed a free trade agreement (FTA) with India to boost burgeoning economic and bilateral ties.??

Plan panel for hike in farm sector funding

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The Planning Commission is considering a hike in public sector investment in the farm sector to 4 per cent of agricultural gross domestic product towards the end of the 11th Plan (2007-12).??

Bio-diesel plant for defence organisation

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The Central Salt and Marine Chemicals Research Institute (CSMCRI), an institution under the Council of Scientific and Industrial Research, will set up a bio-diesel plant at Secunderabad in Andhra

Indo-Swiss pact on IPRs on anvil

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India is likely to sign an agreement with Switzerland on intellectual property rights (IPRs) to improve the bilateral economic cooperation with Switzerland.

Manufacturing grows 10% in Q1: CII survey

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Resting fears of slowdown in the manufacturing sector, a recent survey by the Confederation of Indian Industry (CII) finds out that most companies in the segment recorded a double digit 10 per cent

NCAER to look at FDI from 14 angles

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The National Council of Applied Economic Research (NCAER), commissioned by the Department of Industrial Policy and Promotion (DIPP) to study the impact of foreign direct investment (FDI), will delve