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New Delhi [India], July 17 (ANI): India's aviation sector holds strong untapped potential, as the country accounts for only about 4 per cent of global air traffic despite having nearly 18 per cent of the world's population, according to a recent report by Jefferies. The report highlighted that India is already the third-largest aviation market in the world by passenger volume, behind the United States and China. Also Read | 'Saiyaara': Bollywood Superstar Salman Khan Shares Joy Over Industry's ...Read More >
New Delhi: The Centre has decided to scrap the windfall tax, a levy imposed on local production of crude oil and exports of petrol, diesel and jet fuel, at a time of subdued oil prices. A decision to this effect has been taken at the top level in the government, and the finance ministry may shortly issue an order, two people familiar with the development said. Windfall tax was imposed in 2022, as a surge in oil prices to multi-year highs in the wake of the Russia-Ukraine war allowed oil and ga ...Read More >
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