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Airlines practice price discrimination by charging different prices to different customer segments based on their willingness to pay. During peak seasons or on less competitive routes, the demand for air travel is relatively inelastic, allowing airlines to charge higher prices. Conversely, during off-peak seasons or on highly competitive routes, the demand is more elastic, leading to price wars and discounts.
The Insurance Regulatory and Development Authority of India (Irdai) has eliminated the need for caseby-case approval for insurer investments in Infrastr...
Who did Pankaj Advani defeat to win his 28th World billiards crown?
TPL is the world’s first linear alkylbenzene (LAB) manufacturing company to be certified by the Bureau of Indian Standards (BIS). Where is TPL hea...
Which international aviation body has adopted key aspirational goals to mitigate carbon emissions from aviation and its impact on climate change, and ha...
What initiative does ICICI Prudential Life Insurance offer with the ICICI Pru Guaranteed Pension Plan Flexi, and what is distinctive about it?
The Northern Region Farm Machinery Training and Testing Institute (NRFMTTI) has signed an MoU with _____________ with an aims to foster skill developm...
Consider the following statements about Pompe disease:
1. Recently, India’s first patient of Pompe disease was cured.
2. It is a rare in...
What is the total investment goal for the Odisha PVTG development under the PM-JANMAN scheme?
To boost scientific research in priority healthcare research areas, which of the following programs has been launched by the government?
How much did the Asian Development Bank (ADB) commit in sovereign lending to India in 2023?