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Domestic air passenger traffic rises 14% in February 2017: ICRA

4 April 2017 2:30 PM GMT
As 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 5:13 PM GMT
Following 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 3:00 PM GMT
The 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.
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