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airlines ticketing: booking airline ticket? here are five must-know tricks to sa


by deep kalraflying is becoming more and more common in india. it is not a luxury but a necessity for people who want to get to their destination in the shortest possible time. this is possible because flying is much more affordable today. this affordability will continue to drive demand. numbers tell the story. in 2016, around 10 crore passenger-trips were undertaken domestically, and another 5.5 crore passengers flew on international routes. in contrast, 13 crore tickets were sold for ac coaches in indian railways. even as more people choose to travel by air, airline pricing continues to confound them. so, passengers must be aware about when to buy, what they buy and how to handle any changes to take the surprise out of pricing. airline pricing, driven by dynamic market forces, is highly






saudi airlines - expedia is asking me to buy a new ticket when i asked to change


you misunderstand what a flight ticket is. you didn't rent seat 22a from city x to city y, free to do with it as you like, absolutely not. what you have at hand is a contract between the airline and you which has certain conditions binding each party. the airline is bound to transfer you between certain points (edit: at a certain time) and for this you agreed to hand over some compen ion. breaking the contract has consequences, clearly outlined in the terms and conditions for both parties. in other words, the reservation email contains the change and cancel conditions. what happens to what you think of as your seat is an entirely different matter and it's entirely the airline's business and not yours. this might seem unfair to you but it in fact this system underpins the dynamic pricing ap






advance pricing agreements: cbdt signs advance pricing agreements with indian ta


new delhi: the central board of direct taxes (cbdt) has signed five more unilateral advance pricing agreements (apas) with indian taxpayers as it looks to reduce litigation by providing certainty in transfer pricing. the five apas signed during the month pertain to sectors like healthcare, information technology and gaming/animation (media). these agreements also have a 'rollback' provision in them, a finance ministry statement said. a bilateral advance pricing agreement (involving united kingdom) was also signed during the month, a statement by the central board of direct taxes (cbdt) said. "the apa scheme endeavours to provide certainty to taxpayers in the domain of transfer pricing by specifying the methods of pricing and determining the arm's length price of international transacti...






why price ending with 9 looks smaller then ending with 0?


ending a price in .99 is based on the theory that, because we read from left to right, the first digit of the price resonates with us the most.that's why someone is more likely to buy a product for $2.99 than the same one for $3. the item that starts with a 2 just seems like a better deal than the one that starts with 3.source: why do most prices end in .99?here's a great article about pricing cues.another common pricing cue is using a 9 at the end of a price to denote a bargain. in fact, this pricing tactic is so common, you’d think customers would ignore it. think again. response to this pricing cue is remarkable. you’d generally expect demand for an item to go down as the price goes up. yet in our study involving the women’s clothing catalog, we were able to ...






why does a price ending with 9 look smaller than a price ending with 0?


ending a price in .99 is based on the theory that, because we read from left to right, the first digit of the price resonates with us the most.that's why someone is more likely to buy a product for $2.99 than the same one for $3. the item that starts with a 2 just seems like a better deal than the one that starts with 3.source: why do most prices end in .99?here's a great article about pricing cues.another common pricing cue is using a 9 at the end of a price to denote a bargain. in fact, this pricing tactic is so common, you’d think customers would ignore it. think again. response to this pricing cue is remarkable. you’d generally expect demand for an item to go down as the price goes up. yet in our study involving the women’s clothing catalog, we were able to ...






maharashtra hospitals to be inspected for knee implant prices


by: express news service | mumbai | published:august 23, 2017 6:59 am representational imagetop newsthe maharashtra food and drug administration (fda) has initiated surprise checks on private hospitals across the state to inspect whether the pricing policy for knee implants is being adhered to. on monday, the national pharmaceutical pricing authority (nppa) held inspections of websites of 21 hospitals in delhi to ensure if they displayed the revised pricing of knee implants. the nppa, which started a helpline from august 16 to register complaints by patients against over-pricing, has not received any complaint so far. “instructions have been issued to states to check for compliance of knee-implant pricing,” said nppa chairman bhupendra singh.in maharashtra, fda commissioner pallav...






pricing disputes: new rules to cut transfer pricing disputes


new delhi: india has unveiled a new set of rules that aim to further provide certainty to multinationals and reducing transfer pricing disputes and litigation. the central board of direct taxes (cbdt) has revamped the norms called the safe harbour rules, unveiled in 2013, under which income tax authorities do not question pricing of dealing between multinational companies and a related party such as their subsidiaries. the rules were not much relied upon by the industry that wanted them further aligned with the prevailing sectoral standards. the new norms will benefit a host of sectors such as it and ites, pharma and automobile. “in order to reduce transfer pricing disputes, to provide certainty to taxpayers, to align safe harbour margins with industry standards and to enlarge the scope ..






advance pricing agreements: cbdt signs advance pricing agreements with indian ta


new delhi: the central board of direct taxes (cbdt) has entered into five unilateral advance pricing agreements (apas) with indian taxpayers in june along with a bilateral apa involving the united kingdom, the finance ministry said on wednesday. the apa scheme endeavours to provide certainty to taxpayers in the domain of transfer pricing by specifying the methods of pricing and determining the arm's length price of international transactions in advance for the maximum of five years. further, the taxpayer has the option to rollback the apa for four preceding years, as a result of which tax certainty for a total period of nine years is provided. since its inception, the apa scheme has attracted tremendous interest among multi national enterprises (mnes). "the apas signed in june pertain to..






bharti airtel: airtel is used to brutal competition, it does not faze us: gopal


let’s talk about the tariffs and how margins and pricing in the sector are immensely under pressure following rel jio’s plan. bharti did come out with its own set of equally compelling plans. in your assessment, is the future going to be free voice, free roaming and it is just data where telcos in india have to make money?we have killed domestic roaming. we have made a recent announcement. in factm our chairman made announcement on international roaming as well. we have killed domestic roaming and so in a way india is now one network and our customers can experience it wherever they go. we will continue to look at pricing as a lever. unfortunately, once pricing comes down, it is very difficult to get it back up. so yes it is a very unsustainable level of pricing that we are at right no...






dynamic fuel pricing deepening deregulation: jefferies


new delhi: the proposed daily pricing of transport fuels in india would improve confidence in the sustainability of the market pricing regime as regular smaller changes in currency and crude oil prices should be easier to pass through to customers, us investment banker jefferies said on thursday. "daily pricing would improve confidence on sustainability of deregulation, as regular smaller changes should be easier to pass through if crude prices rise or rupee depreciates sharply," jefferies said in a report. "post diesel deregulation in october 2014, this is the next major step forward for the marketing business of oil marketing companies," it added. the all india petroleum dealers' association on wednesday said the state-run oil marketers plan to roll out a dynamic fuel pricing pilot ...






de blasio won't back congestion pricing plan to reduce gridlock


mayor de blasio won’t help move a congestion-busting plan stuck in the gridlock of politics. fresh from denouncing president trump’s decision to pull the u.s. out of the global paris accord on climate change, de blasio said monday that he wouldn’t fight for a proposal to cut the number of pollution-belching cars off the road through congestion pricing — a proposal to charge drivers for entering manhattan’s core. de blasio put the blame in albany, saying that city lawyers have determined that the state must allow new york to toll its own roads and bridges — an argument that congestion pricing boosters reject. “there’s not been any consideration of congestion pricing, so long as the current political alignment in albany exists,” de blasio said at an unrelat...






wollongong students being repaid after being shortchanged on wages


lucy vance is among university of wollongong students being repaid by restaurants and cafes after they were each short-changed hundreds to thousands of dollars in wages.initially nervous about speaking out, she now believes it was necessary to confront the rampant exploitation of students in the university city.bellamy’s pricing a ‘shemozzle’video duration01:10previous slidenext slidevideo duration01:48underpaid workers in wollongongunderpaid workers in wollongongashleigh mounser is taking a stand against businesses in the illawarra who are allegedly underpaying their workers.bellamy’s pricing a ‘shemozzle’video duration01:10video duration01:10bellamy’s pricing a ‘shemozzle’bellamy’s pricing a ‘shemozzle’at bellamy’s egm, sha...






cbdt signs 2 more unilateral pacts with taxpayers


new delhi: the central board of direct taxes (cbdt) has signed two more unilateral advance pricing agreements (apas) with indian taxpayers as it looks to reduce litigation by providing certainty in transfer pricing. the two apas signed earlier this month pertain to sectors like chip design or development of embedded software and information technology (software development). one of these agreements also have a 'rollback' provision in them, a finance ministry statement said. the apa scheme endeavours to provide certainty to taxpayers in the domain of transfer pricing by specifying the methods of pricing and determining the arm's length price of international transactions in advance for the maximum of five future years. further, the taxpayer has the option to rollback the apa for four pre...






martin sheppard faces more mopping up at spotless group


it has been an eventful 16 months for martin sheppard since joining the spotless team.the stock has never recovered from a disastrous profit downgrade in december 2015 – just weeks after sheppard took over from bruce dixon. bellamy’s pricing a ‘shemozzle’video duration01:10previous slidenext slidevideo duration01:55cheaper credit cardscheaper credit cardswill consumers be smart enough to use new, cheaper credit cards coming out, or will they be caught by the "lazy tax?" michael pascoe comments.bellamy’s pricing a ‘shemozzle’video duration01:10video duration01:10bellamy’s pricing a ‘shemozzle’bellamy’s pricing a ‘shemozzle’at bellamy’s egm, shareholder jan cameron blames a sudden price increase in november 2015 for the ...






it's worth working even when the juggle is a struggle


i love my family and i love my job, but i confess that i don't always love the juggle.i posted this on facebook the week that school went back after a stressful morning getting my six-year-old twins to class and myself to work.bellamy’s pricing a ‘shemozzle’video duration01:10previous slidenext slidevideo duration02:07penalty rate cut: how did it happen?penalty rate cut: how did it happen?workplace reporter nick toscano contextualises the fair work commission's announcement on thursday that sunday penalty rates paid in retail, fast food, hospitality and pharmacy industries will be reduced from the existing levels. bellamy’s pricing a ‘shemozzle’video duration01:10video duration01:10bellamy’s pricing a ‘shemozzle’bellamy’s pricing a ‘...






max healthcare, lilavati hospital deny overcharging on stents


by: pti | new delhi/mumbai | published:february 24, 2017 4:43 pm max healthcare and lilavati hospital have denied overcharging patients for stents.max healthcare and lilavati hospital today denied overcharging patients for stents and insisted they were complying with nppa guidelines on pricing of the medical device. “we have not overcharged even a single patient for stent. we have complied fully and immediately with the nppa order on stent pricing,” a max healthcare official said in response to queries by pti. the company’s healthcare facility at saket in south delhi is among the hospitals which have been issued show cause notices by the national pharmaceutical pricing authority (nppa) after preliminary investigations over stents pricing.watch what else is making news“we are p...






why does a price ending with 9 look smaller than a price ending with 0?


tl;drtaking your example: we (the fast food chain) found that customers don't want to spend $3 on our hamburger.customers are willing to pay somewhere in the $2 range.our customers don't like to think about the cents.charging less than $2.99 is throwing money away.the board gets mad when we throw money away.pricing is complex, humans are lazyi might almost go so far as to say we're dumb — but that's too far. cognitively speaking, we look for quick, simplistic answers. in the case of pricing, consumers make glancing assessments based on prices we've encountered in the past. this assessment can psychologically override the actual value of the item. this is especially true for lower priced items, whatever that threshold might be.psychological pricing theorythe complexity of minute chan...






why does a price ending with 9 look smaller than a price ending with 0?


tl;drtaking your example: we (the fast food chain) found that customers don't want to spend $3 on our hamburger.customers are willing to pay somewhere in the $2 range.our customers focus on dollars not cents.so, anything less than $2.99 is throwing cents away.the board gets mad when we throw money away.pricing is complex, humans are lazyi might almost go so far as to say we're dumb — but that's too far. cognitively speaking, we look for quick, simplistic answers. in the case of pricing, consumers make glancing assessments based on prices we've encountered in the past. this assessment can psychologically override the actual value of the item. this is especially true for lower priced items, whatever that threshold might be.psychological pricing theorythe complexity of minute changes in...






why does a price ending with 9 look smaller than a price ending with 0?


tl;drtaking your example: we (the fast food chain) found that customers don't want to spend $3 on our hamburger.customers are willing to pay somewhere in the $2 range.our customers focus on dollars not cents.so, anything less than $2.99 is throwing cents away.the board gets mad when we throw money away.pricing is complex, humans are lazyi might almost go so far as to say we're dumb — but that's too far. cognitively speaking, we look for quick, simplistic answers. in the case of pricing, consumers make glancing assessments based on prices we've encountered in the past. this assessment can psychologically override the actual value of the item. this is especially true for lower priced items, whatever that threshold might be.psychological pricing theorythe complexity of minute changes in...






why does odd number price looks smaller than even number price?


tl;drtaking your example: we (the fast food chain) found that customers don't want to spend $3 on our hamburger.customers are willing to pay somewhere in the $2 range.our customers focus on dollars not cents.so, anything less than $2.99 is throwing cents away.the board gets mad when we throw money away.pricing is complex, humans are lazyi might almost go so far as to say we're dumb — but that's too far. cognitively speaking, we look for quick, simplistic answers. in the case of pricing, consumers make glancing assessments based on prices we've encountered in the past. this assessment can psychologically override the actual value of the item. this is especially true for lower priced items, whatever that threshold might be.psychological pricing theorythe complexity of minute changes in...






you will have to pay more to see a giants game


the giants made the playoffs in 2016 for the first time in five years, and their 7-1 record at home was their best in the seven-year history of metlife stadium. success comes with a price, and on tuesday the giants announced a ticket increase for the 2017 season that averages 4 percent.tickets increase $10 per game for field 1 pricing (lower level between the 30-yard lines on the west side of the stadium) and increase $5 per game for all other non-club tickets. all club ticket prices remain the same.with the exception of the field 1 seats, this marks the first overall increase in season ticket pricing for non-club personal seat license owners since the giants moved into metlife stadium in 2010.preseason game pricing remains approximately 50 percent of regular-season pricing.a letter sent t






how much cheaper are train tickets when buying in advance (uk, manchester)


if you go to national rail enquiries and ask it for a ticket today (and perhaps next monday - weekday pricing can be a bit different) you should get a good idea of the probable walkup pricing for any route.any "advance" ticket is only bookable in advance (as the name suggests) - tomorrow morning you could can get a single manchester airport - newcastle for £36, but you would have to be on that specific train. advance ticket pricing often varies depending on exactly which train you are booked on (poking around i could get it as low as £21 on some days/times)the standard option if you buy it at the station will either be "anytime" or "offpeak", the latter restricted to only off-peak trains (with an often opaque way to determine what's peak). these are the "normal" ticket options. ...






uber responds to claims it charges what 'you're willing to pay'


accusations that upfront pricing benefits uber rather than drivers are nothing new. blogger christian perea at the rideshare guy complained that uber was secretly overcharging passengers and not paying drivers, and there was a lawsuit filed alleging the same thing this past april. according to bloomberg, uber's head of product daniel graf has said that upfront pricing uses machine-learning to figure out how much riders are willing to pay for a given ride and then charges them accordingly, a feature he called "route based pricing." bloomberg interpreted this to mean that riders traveling routes in wealthier areas would be charged more than those in less high-end areas. however, an uber spokesperson who spoke to engadget on the phone said that uber only uses rider demand to inform its upf...






mayor de blasio slams congestion pricing plan as 'inconceivable'


charging drivers to enter the most traffic-clogged parts of manhattan is “inconceivable” even with gov. cuomo’s support, mayor de blasio said monday. de blasio made his strongest comments yet against congestion pricing a week after cuomo publicly backed the idea and said he planned to put his full weight behind it. “i’ve never been in favor of this strategy. i’ve never seen an example of it that i thought was fair,” de blasio told reporters at an unrelated press conference in brooklyn. “i’m always going to keep an open mind, but ... i happen to be someone who does not believe in it.” congestion pricing was proposed by former mayor mike bloomberg in 2007, but it died after a hard fought battle in albany. fees for driving into prime areas of manhattan wou...






mayor de blasio slams congestion pricing plan as 'inconceivable'


charging drivers to enter the most traffic-clogged parts of manhattan is “inconceivable” even with gov. cuomo’s support, mayor de blasio said monday. de blasio made his strongest comments yet against congestion pricing a week after cuomo publicly backed the idea and said he planned to put his full weight behind it. “i’ve never been in favor of this strategy. i’ve never seen an example of it that i thought was fair,” de blasio told reporters at an unrelated press conference in brooklyn. “i’m always going to keep an open mind, but ... i happen to be someone who does not believe in it.” congestion pricing was proposed by former mayor mike bloomberg in 2007, but it died after a hard fought battle in albany. fees for driving into prime areas of manhattan wou...






uk’s easyjet sets up new airline in austria to protect flights post brexit


by: reuters | london | updated: july 14, 2017 4:18 pm an easyjet plane is seen at lisbon’s airport, portugal june 24, 2016. reuters/rafael marchantetop newsbritish budget airline easyjet said on friday it would establish a new airline in austria to protect its flying rights in the european union once britain leaves the bloc. the new airline, easyjet europe, will be headquartered in vienna. the budget airline must have a licence and an air operator’s certificate (aoc) in an eu member to allow it to continue flying between and within eu countries after brexit. the new airline licence in austria will protect these flights regardless of what happens in negotiations over the status of flights between britain and the eu after britain leaves the bloc in march 2019.“the accreditation pr...






restaurants services: restaurants knock at ministry's door on proposed different


new delhi: the hospitality industry has raised the issue of the forthcoming clampdown on charging customers different prices for identical packaged products with the government, said a top official of the national restaurants association of india (nrai). “the industry has taken this up with the ministry. we have written to them explaining our stand. in case needed, we will take this up in court,” said riyaaz amlani, president of nrai, which represents hundreds of restaurants. the consumer affairs ministry said last month that the practice of differential pricing of similar packaged products would not be allowed starting january next year. although there has been consumer-led litigation against inflated or differential pricing at restaurants, hotels, malls, airports and other institutio...






ky. doc taking first steps toward lawsuit against airline


the kentucky doctor who was bloodied and forcibly dragged from a united airlines flight by aviation officers in chicago sunday night has hinted at taking legal action against the airline company and the city. david dao's attorneys have requested the cook county circuit court and the city of chicago to retain the airline's surveillance video, cockpit voice recordings, incident reports, as well as information of the officers who pulled him from the flight at o'hare international airport. dao's request came hours after united airlines ceo oscar munoz said wednesday that the airline would never again let cops boot a paying customer from a flight. in addition, united is compensating all passengers on the flight for the cost of their tickets, the airline said in a statemen...






no shortage of stents in the country: nppa


by: pti | new delhi | published:march 7, 2017 7:22 pmdrug pricing regulator nppa ton tuesday said there is no shortage of stents in the country and manufacturers have assured it of smooth supplies.the national pharmaceutical pricing authority (nppa) met stent makers and importers today to discuss issues like pricing and availability of the medical device.watch what else is making news“there is no shortage of stents at present. we have not received any complaints regarding this either from the state drug controllers or from the hospitals,” nppa chairman bhupendra singh said.the firms who attended the meeting have assured the regulator of smooth supply of stents, he added.last week, the regulator had invited 16 firms, including abbott healthcare, boston scientific india and sahajana...






vietjet airline has bikini dressed flight attendants : thechive


it’s no secret that most flight attendants have always been easy on the eyes, so why not capitalize on that fact if you’re an airline owner? that’s exactly what vietjet, a regional airline in vietnam, and nguyen thi phuong thao, the company’s ceo, did when it dressed its flight attendants in corporate colored bikinis, and the move has paid off for them tremendously.






reliance jio: trai keen on determining 'fair' tariff


new delhi: the telecom regulator is keen on fixing loopholes in tariffs through a transparent pricing regime, making a clear distinction between what is fair and what isn't, an indication that it is ready to wade into an issue that is at the heart of a bitter battle between industry newcomer reliance jio infocomm and its older rivals. "the framework (for fair pricing) already exists. we want to fix it though the process is delayed as the telecom service providers sought more time to respond," telecom regulatory authority of india (trai) chairman rs sharma told et. trai on february 17 issued a 32-page consultation paper, 'regulatory principles of tariff assessment', to bring transparency in tariffs with a focus on anti-competitive behaviour of operators in pricing their services. the l...






port authority police boss forbids airline passenger removals


port authority police won’t help united — or any airline — drag paying passengers off a plane if the flight’s overbooked. port authority police superintendent michael fedorko handed down a directive to the department’s airport commands forbidding papd officers from physically removing a passenger because an airline oversold a flight. should an airline call a papd command to request that a passenger be removed from a flight because of overbooking, the commanding officer “will inform the airline this is an internal, non-law enforcement related matter and the papd will not respond to this type of request,” fedorko said in a statement. a pa spokesman said the directive is a “reiteration of the existing policy” and that airlines were made aware of the policy a...






low oil prices set to recede, bhp warns, amid sluggish output gains


declining output from existing oilfields will more than offset low demand growth, resulting in the present oversupply evaporating over the year ahead, bhp billiton has forecast.as a result, it argues that the global market for oil is now rebalancing, with the decision in late 2016 by the organisation of petroleum exporting countries (opec) to restrict output helping to accelerate the improving outlook for oil producers.bellamy’s pricing a ‘shemozzle’video duration01:10previous slidenext slidevideo duration00:23bhp half-year resultsbhp half-year resultsmining giant bhp billiton rewards shareholders with a bigger than expected dividend.bellamy’s pricing a ‘shemozzle’video duration01:10video duration01:10bellamy’s pricing a ‘shemozzle’bellamyâ






will a new bill hold the travel industry accountable?


imagine a world where your cruise line or airline pays you if it fails to keep its schedule, you aren’t penalized for a canceled reservation if your hotel is able to resell the room and ticket change fees are related to the actual cost of changing your flight schedule.impossible, right?there’s something about travel that’s profoundly unfair. it’s hard for the average traveler to articulate, beyond saying it just feels wrong. for example, if you’re late for a flight, you lose your entire ticket. if an airline is late, it doesn’t even have to pay a penalty. in fact, its contract of carriage — the legal agreement between you and the airline — specifically says the airline doesn’t have to keep its own schedule.and take a look at how airlines are punished. american airlines re...






will a new bill hold the travel industry accountable?


imagine a world where your cruise line or airline pays you if it fails to keep its schedule, you aren’t penalized for a canceled reservation if your hotel is able to resell the room and ticket change fees are related to the actual cost of changing your flight schedule.impossible, right?there’s something about travel that’s profoundly unfair. it’s hard for the average traveler to articulate, beyond saying it just feels wrong. for example, if you’re late for a flight, you lose your entire ticket. if an airline is late, it doesn’t even have to pay a penalty. in fact, its contract of carriage — the legal agreement between you and the airline — specifically says the airline doesn’t have to keep its own schedule.and take a look at how airlines are punished. american airlines re...






woman claiming pet allergy dragged off southwest flight


airline officials say the woman did not have proper medical documentation to stay on the plane after asking the airline to remove the animals.         






carmelo anthony has played better while on trading block


a funny thing happened when carmelo anthony stepped on the trade block: he found his game. the 32-year-old, engulfed in rumors that are sure to persist for another three weeks until the deadline, e into wednesday's contest against the lowly nets on his best stretch of the season, averaging 26.3 points over eight games while shooting about 50 percent. with the knicks missing derrick rose (sprained ankle) wednesday and kristaps porzingis struggling physically, anthony again was the focal point of the opposition's scouting report - a tradition that's carried over for almost six years. "i can just look at it from my standpoint, that guy's going to be tough to stop," nets coach kenny atkinson, a former knicks istant, said. "that's how i look at it. so he strikes fear in us and a lot of teams w