NEW DELHI: India’s aviation regulator on Saturday warned airlines that a replay of the rebel scenes witnessed on an IndiGo plane that flew actor Kangana Ranaut from Chandigarh to Mumbai will result in the carrier being suspended from operating the route, on which such violation occurs, for two weeks. The …
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(Representative image) NEW DELHI: Industrial production It contracted 10.4 percent in July, mainly due to lower output from the manufacturing, mining and power generation sectors, official data showed on Friday. Explaining the reasons for the fall in the Industrial Production Index (PII), the ministry of statistics and the implementation of …
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Former Supreme Court Justice Markandey Katju (File Photo) LONDON: Nirav Modi has become a “scapegoat” for India’s economic collapse in the same way that Jews were blamed for economic troubles in Nazi Germany in the 1930s, and he will not get a fair trial in India, former Supreme Court Justice …
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(Representative image) NEW DELHI: Market regulator Sebi (Securities and Exchange Board of India) amended the asset allocation framework on Friday to multicap mutual funds, calling for such funds to have a minimum corpus of 75 percent invested in stocks compared to the current mandate of 65 percent. In addition, such …
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NEW DELHI: Moody’s Investors Service cut Friday growth projection for the current fiscal to (-) 11.5 percent, from (-) 4 percent previously estimated, saying that the economic contraction would be more pronounced due to the lockdown and the continued increase in coronavirus cases. The US-based rating agency also projected that …
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NEW DELHI: The Center has released Rs 6,195 crore to 14 states as monthly payment for the subsequent return income shortfall subsidy. “On September 10, 2020, the government released Rs 6,195.08 crore to 14 states as the sixth equivalent monthly installment of the Post-Refund Income Deficit Grant as recommended by …
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NEW DELHI: Private airline IndiGo responded to the DGCA about alleged ‘security breaches’ on one of its flights carrying Bollywood actress Kangana Ranaut. The flight captain and crew followed all necessary protocols to deal with the situation, according to the IndiGo statement. Following reports of the frenzy on Kangana Ranaut’s …
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Representative image NEW DELHI: The Center is considering relief modalities for borrowers and will decide within two weeks whether banks will charge compound interest during the six-month moratorium period that ended on August 31, Attorney General Tushar Mehta told the Supreme Court while seeking to avoid a possible suspension of …
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NEW DELHI: Stock indices ended higher Thursday with the benchmark BSE Sensex rising nearly 650 points led by gains in banking and financial stocks amid positive global signals. The 30-share BSE index rose 646 points, or 1.69 percent, to close at 38,840; while the broader NSE Nifty stood near 11,450. …
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Mukesh Ambani (AFP) MUMBAI / NEW DELHI: Reliance Industries Ltd (RIL), controlled by Mukesh Ambani, has offered a significant stake in its local retail unit to Directed by Jeff Bezos Amazon.com, a deal, if it goes through, would make the two billionaires and business rivals strategic partners in one of …
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