Tuesday, 24 January 2012. AirAsia X pulls out of Europe, India. Malaysian long-haul budget carrier AirAsia X announced plans to scrap unprofitable routes to Europe and India as it prepares for a planned flotation, citing weak demand and a row over European Union emissions charges. The decision to scale back will affect flights to Mumbai from January, while services to New Delhi, London and Paris will cease in March. India is meanwhile drawing up .

Thursday, 15 March 2012. Private power firms likely to get tax holiday extension. Among their key budget proposals, power producers have sought the scrapping of the central sales tax in view of the finance mini.