Air India delays payment of salary for the current month
Air India looks like in monetary troubles as the airline company has announced that they are delaying the salary payments for the current month.
The delay is by around 15 months and it is going to cause much hassles for their workers.
Air India said: “The June salary [...]

Indian government set to review fuel prices
Elections are coming up in several states in India and the Indian government has decided that they are considering revising the fuel prices.
Indian Petroleum secretary RS Pandey said in a statement that the government would review retail prices of petrol, diesel, kerosene and cooking gas on December 1.
They [...]

Prime Minister: No fuel price cuts for now
India’s Prime Minister Manmohan Singh has clarified that the government has no plans to cut the price of petroleum products.
He said: “Even now the Indian oil companies have to bear a very heavy burden”.
Market was expecting a cut in the price of petrol and diesel considering crude [...]