Airlines will have to pay interest to passengers on credit shell amount: SC
The Supreme Court on Wednesday ordered airlines to pay a 0.5 percent interest per month on delayed refunds of tickets which were cancelled due to restrictions imposed to counter Covid-19 pandemic. The court said that the credit shell will be valid till 31 March 2021 and if the passenger hasn’t used the amount after that, airlines have to refund the amount with additional interest. Read More...
Manufacturing activity expands at fastest pace in 8 years in September: PMI
India's factory activity expanded at its fastest pace in