Daily Archives: June 10, 2008

Bangalore enters MasterCard Worldwide Centres of Commerce index

3 Indian cities in world’s top centres of commerce Delhi, June 9: Reflecting the growing global economic clout of the Asian region, three Indian cities — Mumbai, New Delhi and Bangalore have been ranked among the 75 top centres of commerce in the world. According to a study titled ‘Mastercard Worldwide Centres of Commerce Index’, London has been ranked as …

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India airline sector flies into big losses as fuel prices surge

(XFN-Asia) India’s airline sector is flying into huge losses on the back of a surge in global fuel prices that have forced it to hike fares, slowing passenger growth. Its woes pushed the airlines to a combined loss of USD938 billion in the fiscal year to Mar-08 and Aviation Secretary, Ashok Chawla, says the figure could double this year if …

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