Air India is the first off the blocks to slash fares on tickets booked in advance for 60 days and beyond in order to attract passengers during the forthcoming summer holidays.
The scheme could trigger a third round of price war among airlines. SpiceJet had first cut fares in January followed by Jet Airways, which announced a low fare bonanza for domestic routes in February on the same lines.
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Natural gas futures ended Friday's session largely unchanged near the highest level since December 2011, as market players continued to monitor weather forecasts to gauge the strength of early-Autumn heating demand.
Oil Refiners : Big palm oil manufacturers & refiners like Ruchi SoyaBSE -0.46 %, Adani Wilmar, Emami are in big trouble as imported crude and refined palm oils from Malaysia and Indonesia are available at the same price in India.