At the end of Dec, the government had Rs 47,273 crore in the USO fund, with annual accruals of about Rs 6,000 crore.
RBI proposes tax exemption on dividend payouts and credit for corporation tax paid in host country.
LIC had evinced interest to purchase the land at Baba Kharak Singh Marg at around Rs 800 crore.
Looks at sovereign funds and Fortune 500 firms.
This carbon credit system is expected to generate greater financial viability for regional operators.
The Cellular Operators Association of India said it would not take any legal step on the issue, unlike what it had said earlier.
Officials differ, say firm should first fly regional.
Over the past 18 months, the number of caller tune subscribers, each paying Rs 30 a month for the service, has fallen from 100 million to 55 million.
This was in response to the assertion of some officials of the finance ministry and the Department of Industrial Policy & Promotion that a strategically placed comma in DIPP's press note on FDI in civil aviation meant foreign airlines were allowed to hold up to 49 per cent stake in existing Indian carriers, as well as new airline companies being set up.
Air India's total debt stands at about Rs 43,000 crore. It also has dues worth hundreds of crores to oil companies, airports and vendors
The state-run carrier will shortly invite bids to replace its fleet of 11 ATR-42s and Bombardier CRJ planes with newer fuel-efficient turbo prop planes to improve its operating result.
Government-owned and financially ailing AI has been dropping its economy class fares to the level of low-cost carriers.
Telcos likely to get to switch from 2,300-MHz band for 4G services.
The carrier has debt of Rs 43,000 crore.
Limited monopoly period to airline bidding for least subsidy to connect any of 80 Tier-III cities.
The railways is also expected to fall short of the freight earnings target, owing to the economic slowdown.
Also being considered is Rs 50 lakh-1 cr taxable income bracket.
Internal revenue generation only Rs 8,000 crore; planned investment cut 13%
The civil aviation ministry is to issue new route dispersal guidelines this month.
Decades of military rule kept the country closed to foreign investors.
