OPEC to consider views of PM Modi, other world leaders before cutting oil production, says Saudi ministerOil cartel OPEC will consider views of world leaders such as Prime Minister Narendra Modi, who represent the voice of major consuming nations, with seriousness before taking a decision on cutting output to support falling prices, Saudi oil minister Khalid Al Falih said . India is the world's third largest oil consuming nation, which is more than 80 per cent dependent on imports to meet its...

While DGCA recommended more training, it said Jet Airways Ltd and SpiceJet Ltd, which operate 737 MAX jets in India, have not had problems with the aircraft.

Rising price warfare in India has hurt Jet which competes with no-frills, low-cost carriers like InterGlobe Aviation Ltd's IndiGo and SpiceJet Ltd.

However, crude oil's fall to one-year low in the global market on excess supply concerns, capped the fall in the indices. The 30-share, after rising briefly to 35,494.25 at the outset, quickly slipped into the negative terrain in line with a weak trend at other Asian markets and touched a low of 35,112.49.

The government is going to announce a turnaround plan (TAP) for debt-ridden Air India that will reportedly include transfer of the national carrier's working capital debt of Rs 30,000 crore and non-core assets to a special purpose vehicle.

The ambitious UDAN Scheme has got off to a slow start as airlines navigate the challenging operating conditions after the initial enthusiasm.

Sentiment got a boost after global crude oil prices dropped by over 4 per cent yesterday owing to oversupply fears, helping the rupee to strengthen against the dollar, brokers said.

Infrastructure major GMR Group's corporate communications team has bagged the Gold prize at the US-based 7th Annual PR World Awards for its PR campaign on the 'Reopening of Terminal 2 (T2) of Delhi Airport'.

The announcement of the huge order should also give US President Donald Trump reason for cheer as it comes at a time when has been attacking India for not allowing sufficient US goods into the country.