One reason is that airlines have ramped up capacity and expanded their presence in tier-II markets. The first of a three-part series analyses how the aviation industry is an outlier in the midst of an overall economic slowdown.
While the scam highlights the need for an overhaul of the oversight mechanism of banks and of their internal controls, questions are being raised on why multiple audits failed to raise an alarm
A major shift in 'attitude and culture' is needed in cricket in the wake of the Australian ball-tampering saga that has engulfed the sport, according to the Marylebone Cricket Club (MCC).
The bank also issued 234 LoUs worth Rs 1,880 crore to another group of companies promoted by Mehul Choksi in 2015 and 2016
If Pakistan continues with the 'Grey List' or put in 'Dark Grey' list, it would be very difficult for the country to get financial aid from the IMF, the World Bank and the European Union, making its financial condition more precarious.
Three terrorists were gunned down in an encounter with security forces in Anantnag.
Liverpool laboured to a 2-0 win over Denmark's Midtjylland on Tuesday as a goal from Diogo Jota and a Mohamed Salah penalty secured a hard-fought Champions League Group D victory at Anfield.
'My housemate lost his father just a day after he turned 22.' 'Because of the lockdown he couldn't do anything about it.'
Images from the 1st T20 International played between India and England at Green Park stadium in Kanpur on Thursday
Some broke stereotypes. Some inspiring. Some made our jaws drop.
All that's transpired on and off the cricket pitch on Wednesday.
Swift intervention by a Malaysian naval helicopter on Thursday saved an Indian vessel from a hijack bid by armed pirates dressed in military attire in the Gulf of Aden region, off Somalia.
Myanmar's pro-democracy leader Aung San Suu Kyi has been sentenced to an additional 18 months' house arrest by a court in Rangoon, says a BBC report.
'I would urge my Indian friends to look at how significant the overall support was.'
Raju Bist from Thane tells us how he spent the last two months of lockdown.
Olympic champion Elena Dementieva began her warm-up for Wimbledon with a swift 6-2, 6-2 win over fellow Russian Maria Kirilenko at the Eastbourne International on Monday.
Classy centuries from captain Eoin Morgan and Joe Root propelled England to a seven-wicket victory over New Zealand.
In its letter, finance ministry has pointed to sections 35, 35A and 36 of the Banking Regulation Act, 1949, to highlight the powers and functions of the RBI as regulator
With more than 10,000 stores under the various Reliance retail brands and over 2.5 million kirana stores already tying up with it, Jio's online marketplace would have the biggest hyperlocal logistics network in the country.
'Responding with outrage is not enough. It is the time, and the responsibility of all who hold those rights dear, to fight back, says Aakar Patel.
RBI retained the GDP growth for the financial year 2018-19 at 7.4 per cent.
They also inked a pact for cultural exchanges through 2018-2020.
'For years, the RBI has been warning banks on probable frauds in bank guarantees and advised them to exercise due care.' 'PSB staffers feel their jobs are secured, hence there is no need to be vigilant and exercise financial prudence.'
The bench said all relevant material including judgments pronounced by trial court, high court and Supreme Court were placed before the President when he was considering the mercy plea of convict Mukesh Kumar Singh.
'New Delhi's rulers should be alert to lighting a dangerous tinderbox,' warns Sunil Sethi.
Acting swiftly, police also moved an application before Chief Metropolitan Magistrate Seema Maini in New Delhi for issuance of a Letters Rogatory seeking information about the suspects from Germany, which was granted by the court.
Designer Namrata Lodha has been winning hearts with her sustainable hats.
The ruling by the CAS, sport's highest tribunal, will be taken into consideration by the International Olympic Committee (IOC) as it ponders whether to impose a blanket ban on Russia from all sports.
World number one Justine Henin scored and easy win over Marion Bartoli while Amelie Mauresmo went through when her Russian semi-final opponent Nadia Petrova pulled out with injury.
Sisodia also lashed out media for carrying news against AAP leaders without "checking facts".
The British telecom major has disputed the tax demand over its acquisition of 67 per cent stake in Hutchison, now called Vodafone India, arguing that no tax was due as the transaction was conducted offshore.
Fewer than half of Americans plan to go to sports events, concerts, movies and amusement parks when they reopen to the public until there is a proven coronavirus vaccine. That includes those who have attended such events in the past, an ominous sign for the sports and entertainment industries hoping to return to the spotlight after being shut down by the pandemic.
The unprecedented shutdown of world sport in response to the coronavirus spread that has infected more than 134,000 people and killed around 5,000 also prompted organisers to postpone the Formula One motor races in Vietnam and Bahrain. The start of the lucrative Indian Premier League has also been postponed until April 15 as a "precautionary measure", the Board of Control for Cricket in India said.
They would call US citizens and demand their financial and bank details, failing which they would allegedly threaten them with dire consequences, including legal action and jail term
Volkswagen is planning to roll out a variant of its popular car, Polo, in by 2009. The car will be pitted against Maruti's Swift, Hyundai's Getz and Tata Motor's Indica.
Mallya has said he will raise this issue in Parliament.
He also lamented that EVMs are being used as a 'football' and some sections are doing a 'motivated slugfest' over their use.
A Bill to ensure swift compensation for death or injury to air travellers flying in and out of India in line with international norms will be introduced in Parliament in the Budget session.
Though some sponsors of Australian cricketers have pulled individual sponsorship deals, the decision by Magellan suggests the financial impact of the episode will go to the core of a sport seen by many Australians as the embodiment of fairness.
'An internationally established price of crude will encourage more players to invest in India, leading to enhanced domestic production which can be made available to domestic refineries,' recommends Anil Agarwal whose company Vedanta Resources has a controlling stake in Cairn India that operates the country's biggest onland oilfield in Barmer, Rajasthan.
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