The Hindu Business Line : Saturday, November 01, 2008

LOGISTICS

AIRLINES: Basic customs duty on jet fuel goes; IOC cuts price
But airlines hold out no promises on fare cuts. New Delhi, Oct. 31 The basic customs duty of five per cent on aviation turbine fuel (ATF) has been completely removed. The sale price of ATF has also been reduced by 15-17 per cent across the four ...

SHIPPING/PORTS: DCI to transfer dredger to Hooghly River near Haldia
For maintenance dredging. Dredging Corporation of India (DCI), at the instance of the Ministry of Shipping, has decided to transfer its dredger, Dredge XVI currently deployed at Sethu Samudram project, to the Hooghly River for undertaking ...

ROADWAYS: Govt okays Bill to revamp highways authority
New Delhi, Oct. 31 The Government has cleared the National Highways Authority of India (NHAI) Amendment Bill, paving the way for restructuring the authority enabling it to execute its delegated ...

ROADWAYS: Cost of Chennai-Ennore road project up 74%
Chennai, Oct. 31 The cost of the Chennai-Ennore Port Road Connectivity project has increased by nearly 74 per cent due to factors such as increase in the cost of land acquisition, resettlement and raw material. The project to improve movement ...

SHIPPING/PORTS: SCI new vessel collides on maiden journey
Mumbai, Oct. 31 Shipping Corporation of India’s new VLCC (Very Large Crude Carrier) ‘Desh Viraat’ collided with a small cargo vessel on its maiden journey off Korea on ...

AIRLINES: Cabinet nod for liberalised air services with Iran
New Delhi, Oct. 31 Airlines from Iran will soon be able to operate a daily flight to Kochi and Delhi. This follows the Union Cabinet giving its approval for the signing of a new and more liberalised air services agreement (ASA) between India ...

AIRLINES: IATA agents seek regulatory board for airline pricing, taxation
Kochi, Oct. 31 The IATA Agents Association of India has requested the ministries of Finance, Civil Aviation and DGCA to intervene in the airline pricing and taxation policies by forming an airline pricing and taxation regulatory board ...

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Markets (Oct 31)

Nifty (at close)	2885.60(+188.55)
US Dollar (Buy/Sell)	49.49/50
Brent crude (a bbl) Rs	3,041
Gold (a gram) Rs	1,099
Silver (a kg) Rs	16,420

Ports

In Focus
Pravasi Bharatiya Divas, Singapore

More

Other Top Stories
Govt scraps export duty on select steel products

LMW sets stage to start operations in China next year

Rural India continues to be deprived of LPG, electricity

Understatement in real-estate deals

Hindalco’s Q2 net profit rises 12% at Rs 720 cr

Tata Motors close to tie up with finance company for Jaguar, Rover sales in US

High shipping cost sinks Suzlon net in Q2

Looking back
Oct. 19-Oct. 25
Jet chief seeks lower sales tax on aviation fuel

Rlys freight earnings up 14% in Sept

‘Taxes, not over-capacity, killing aviation sector’

Banks unlikely to extend credit support to airlines

UB group unlikely to infuse funds into Kingfisher Airlines