Govt Urges Airlines to Moderately Price Air Tickets

30 Jul 2024 CW Team

The Indian government has called on airlines to exercise moderation in setting air ticket prices, aiming to ensure fairness and prevent exorbitant fares. This directive follows rising concerns among consumers about fluctuating ticket prices, which have recently surged due to increased demand and operational costs.

The Ministry of Civil Aviation has engaged with major airlines to discuss the issue and has emphasised the importance of transparent and reasonable pricing practices. The government?s move comes in response to growing public dissatisfaction and complaints regarding high ticket prices, particularly during peak travel seasons.

Officials have stressed that while airlines need to cover operational costs and generate profits, they must balance this with the need to offer affordable options for passengers. The ministry is encouraging airlines to consider implementing dynamic pricing models that reflect market conditions without excessively burdening travellers.

The government is also considering introducing regulatory measures to monitor and control ticket pricing more effectively. This could involve setting price caps during peak times or requiring airlines to provide advance notice of significant fare increases.

The call for moderation in pricing aims to protect consumer interests while ensuring that airlines remain financially viable. The government?s intervention seeks to foster a fair competitive environment in the aviation sector, where passengers can benefit from reasonable fares without compromising on the quality of service.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..