New Delhi, Sept 4: Indian airlines are expected to post combined losses of up to $1.9 billion this financial year led by full-service carriers like Air India and Jet Airways driven by rising costs and low air fares, aviation consulting firm CAPA India said. The loss forecast for the 12 months ending March 31 is up from an estimated $430 million to $460 million sector-wide loss in January largely
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New Delhi, Sept 3: Niti Aayog vice-chairman Rajiv Kumar has raked up a controversy by unhesitatingly blaming the former Reserve Bank of India (RBI) governor Raghuram Rajan for the slowdown in country's economy in the days that followed demonetisation. Rajan’s policies on non-performing assets (NPAs) led to the slowdown in the economy and not the government's decision to ban 500 and 1000 rupee
New Delhi, Sept 3: The government spent Rs 132.38 crore on advertisements for GST, an agency under the Ministry of Information and Broadcasting has said in reply to an RTI query. As per the Bureau of Outreach and Communication under the ministry, the "expenditure on GST advertisements through this bureau" on print media stood at Rs 1,26,93,97,121. It, however, said there was "nil" expenditure for
Bengaluru, Sept 2: CCB Women and Narcotic Drug squad have arrested a 47 year-old man and seized from him Rs 15 lakhs worth banned drugs. Police on Sunday said that the arrested Suresh was smuggling banned drugs from abroad through his son Mohit and selling it cladistinly in the State. The banned drugs seized from included 180 gram of Hydro Ganja, 169 LSD Bottling papers, 168 Exertion tablets, 210
New Delhi, Sept 2: There seems to be no end in sight for P&W engine trouble as a Pune-bound Airbus A320 neo plane of GoAir from Bengaluru had to return back on Saturday after it suffered a technical snag. While a GoAir spokesperson said the flight "suffered a technical glitch", sources claimed the engine failed midair and the flight returned back with full emergency landing in Bengaluru. There
Coimbatore, Sept 2: A newly married British couple chartered an entire train to travel from Mettupalayam to Udhagamandalam to spend their honeymoon in the Nilgiri hills. The couple paid Rs. 3 lakh to charter the special train, introduced by Southern Railway, for a one-way trip, becoming the first people to do so. Graham William Lynn (30) and Silviya Plasic (27) got married recently. To make their
Mumbai, Sept 2: Malaysian budget carrier AirAsiaBerhad, which runs AirAsia India (AAI) along with Tata group, today announced discounted fares starting as low as Rs 1,399 for international flights and Rs 999 for domestic travel under a limited period offer. The sale offer is available on all flights operated by the AirAsia group, including those of AirAsia India, it said. The sale of tickets for
Washington, Sept 2: The US military is seeking to reallocate $300 million in aid to Pakistan due to Islamabad's lack of "decisive actions" in support of regional American strategy, the Pentagon said Saturday. The US has been pushing Pakistan to crack down on militant safe havens in the country and announced a freeze on aid at the beginning of the year that an official said could be worth almost $2
New Delhi, Sept 2: The Law Commission in its consultation paper released on Friday addressed the difference between freedom of religion and one's right to equality. The commission stated while freedom of religion and the right to practice and propagate religion must be strongly protected in a secular democracy, we must not overlook the number of social evils that take refuge as religious customs
New Delhi, Sept 1: Prime Minister Narendra Modi on September 1, 2018, blamed ‘phone-a-loan’ scam of the previous United Progressive Alliance (UPA) government for the bad loans in the banking sector and asserted that every penny given at the behest of ‘naamdars’ (dynasts) would be recovered. Launching a payments bank of the postal department, Mr. Modi said that during the previous regime, the