The postal department has set a target to more than double its market share in parcel business in next two years, Communications Minister Manoj Sinha said Tuesday. “Approximately, we have 3-4 per cent share in parcel business. Private players offer effective service instantly while...

Air fares between India and Singapore on flights operated by Singapore Airlines (SIA) and Silk Air have gone up by between 1 to 2 per cent from this month. “We are constantly adjusting our fares. We do a review twice a year and revise...

Bangalore International Airport Limited (BIAL) – operator of the Kempegowda International Airport, Bengaluru (BLR Airport) – has signed an agreement with L3 Macdonald Humfrey (Automation) India, a UK-headquartered tech developer with global presence in the field of Airport Security and Automation, to introduce a...

Beleaguered container freight station (CFS) operators are set to get a fresh lease of life with the government working on an alternative cargo evacuation model to replace the direct port delivery (DPD) scheme. The new system will restore the role of these intermediaries in...

More than 7.5 lakh passengers have travelled on 15,700 flights operated under the government’s regional air connectivity scheme (RCS) in the last 17 months after the scheme became operational. Of the 7.5-lakh passengers, 4.5 lakh received subsidised air fares, which are being offered under...

Inability to increase fares despite rising costs have caused airlines in India much of their profits. However, after nearly a year, fares are set to rise again, but that may not be good news for the airlines. The current declining trend in domestic air...

Pointing out that Railways is doing its bit to make the system safer, Railways Minister Piyush Goyal said they eliminated over 1,700 unmanned level crossings in September, which is the highest ever. As on date, unmanned level crossings that handle 80 per cent of...

The government will spend about ₹100 crore or more to conduct the ongoing computer-based Indian Railways recruitment exam, the largest ever in the history of the country, a government official told BusinessLine. “Initial estimates showed that the exam could cost us roughly ₹190-200 per...

Freight rates for the nine-metric tonne pay load section rose by Rs 1,000 at the local truck transport market in the national capital today following the shortage of trucks against increased cargo movements. Transporters said less availability of trucks against pick up in cargo...

The mega diesel engine making project in Marhowra, Bihar, that the Railways had awarded to GE Global Sourcing India in 2015, is under the scanner. The Comptroller and Auditor General (CAG) has questioned the need to set up the plant at a time when...