The GST Council on Wednesday approved a two-tier rate structure of 5 and 18 per cent, which will be implemented from September 22.
'Pakistan is no longer a front-burner issue for America.'
Air India is planning to tweak its daily service to Australia, to cut losses.
An Indigo flight from Bagdogra came close to a descending Air India plane over Bagdogra in West Bengal on Friday afternoon, raising the spectre of a collision and giving scare to about 250 passengers on board the two aircraft.
The sealing of the mega deal came three weeks after the Cabinet Committee on Security (CCS) headed by Prime Minister Narendra Modi cleared the procurement.
Vishwas Kumar Ramesh, the sole survivor of the Air India plane crash, has been discharged from the Ahmedabad Civil Hospital following his recovery, and he later attended the cremation of his deceased brother who was flying with him on the same aircraft, officials said on Wednesday.
Amid continuing uncertainty over the fate of the national carrier, an official said there is also need for funds to restart operations of 12 grounded narrow-body planes.
Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.
Air-India, India's flagship international carrier, on Thursday launched its first flight to the Chinese metropolis of Shanghai, marking the burgeoning trade and economic exchanges between the two neighbouring countries.
The plane lost contact with air traffic control officials and landed in Mumbai after around four hours.
Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
The Shree Jagannath Temple Managing Committee (SJTMC) has formed a sub-committee, headed by former Lt Governor of Jammu and Kashmir, Girish Chandra Murmu, to suggest measures to ensure full protection of the temple in light of recent security breaches.
According to preliminary information memorandum, Air India's new owner will be asked to list the company in some time
Seasoned bureaucrat and a stickler for rules Finance Secretary Tuhin Kanta Pandey will be at the helm of capital market regulator, Securities and Exchange Board of India (SEBI), for three years. The 1987-batch Odisha-cadre Indian Administrative Service (IAS) officer, Pandey, would replace Madhabi Puri Buch, whose three-year term ends on Friday.
'National assets, created over the years through tax-payers's money, should not be handed over to business houses at throwaway prices.'
The Air India flight crashed into the sea after a mid-air bomb explosion in what was a failed assassination attempt on Chinese premier Zhou En Lai.
The Axiom-4 mission astronauts, including Shubhanshu Shukla, have returned to Earth after a 20-day mission to the International Space Station. The crew splashed down off the coast of San Diego and are undergoing medical check-ups and rehabilitation.
Starting November 12, Vistara aircraft will be operated under the Air India banner, to be identified by a special four-digit flight code beginning with "2".
Gaikwad was travelling from Pune to New Delhi when the scuffle broke out over the sitting arrangement.
The A-I board approved the purchase of 50 aircraft costing Rs 30,000 crore (Rs 300 billion), subject to government approval, an A-I statement said in Mumbai.\n\n
Gambhir, a former BJP MP, was effusive in his praise for the Indian cricket board for inviting the three chiefs of the armed forces to attend the IPL title clash, saying, 'It's an unbelievable step.'
National carrier Air India is running in losses and needs government's attention.
India has recorded the second-highest increase in domestic airfares in the Asia-Pacific (APAC) and West Asian regions, climbing by 43 per cent in the first half of 2024 compared to pre-pandemic levels in 2019, second only to Vietnam (63 per cent). India ranks third in fare increases during the same period in international skies, behind the United Arab Emirates (UAE) and Malaysia. The airfare study conducted by Airports Council International (ACI), which represents 617 airports in this region, was done in partnership with Flare Aviation Consulting.
Heavy rains lashed Delhi, leading to a red alert, traffic snarls, and waterlogging. The IMD predicts continued rainfall.
Fast-moving consumer goods (FMCG) companies, retail firms, and producers of consumer durables are witnessing stable urban demand. However, people in the trade are waiting for clearer signs of revival closer to the festival season, starting in September.
Heavy rainfall across North India leads to fatalities, structural damage, travel disruptions, and school closures. Eastern states brace for more rain.
Two 'very smart' leaders of India and Pakistan decided to end last month's conflict that could have turned into a nuclear war, United States President Donald Trump said after holding a rare luncheon meeting with Pakistan army chief Field Marshal Asim Munir at the White House.
The airline had made new pilots sign a bond of Rs 2.5 lakh to Rs 14 lakh in the recent past.
National carrier Air India on Thursday said its loss has come down by 23 per cent to Rs 5,551 crore (Rs 55.51 billion) in 2009-10 from Rs 7,189 crore (Rs 71.89 billion) in the previous financial year.
The Indian government has appointed Finance Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Pandey, a 1987-batch IAS officer, will replace Madhabi Puri Buch, whose three-year tenure ends on February 28. Pandey's appointment comes at a time when the markets are experiencing bear pressure due to withdrawals by foreign institutional investors (FIIs). Pandey has extensive experience in the finance ministry, having served as the longest-serving secretary in the Department of Investment and Public Asset Management (DIPAM) and the Department of Public Enterprises (DPE). He also played a key role in the framing of the 2025-26 Budget and the drafting of the new Income Tax Bill. Pandey's appointment is for an initial period of three years.
The MP said that while travelling in the flight, he noticed "carelessness and substandard" service of Air India and requested for a complaint book, but despite his frequent requests he was not provided the complaint book, instead the staffer misbehaved with him.
The victim, R Sukumar said that the MP should be punished so that they should not take it as their birthright to assault a person.
A differently-abled woman flyer has alleged she had to "crawl" to the passenger coach after deboarding an Air India plane as the carrier failed to arrange a wheel chair for her due to "security" reasons, a charge denied by the airline.
Gaikwad booked a seat on flight AI 806 from Mumbai to Delhi for Wednesday earlier on Tuesday through his staff which was promptly cancelled by the airline. This was followed by another attempt to book a seat on AI 551 from Hyderabad to Delhi, again for on Wednesday, which was cancelled, too.
Wing Commander Raveendran and flight steward Sargeant Iyer, though shaken and injured, managed to open the rear door of the aircraft and shouted for Prime Minister Morarji Desai and the passengers in the forward cabin to exit in haste since they suspected that fire would engulf the aircraft.
Air India is to again start the process of negotiations on productivity-linked incentives (PLI) in pay with the staff unions. Earlier meetings held to agree on an amount to cut from salaries have not yielded satisfactory results."We will be meeting the unions soon and are hopeful that we will agree to a percentage, as all the employees also want the airline to survive," said a senior government official.The official also added that any cut in PLI would be across the board.
'We are holding up in this difficult time and hope to bring her home on Thursday morning.'
If the government is asking a maximum price for Air India but asks to keep old personnel, it will not match.
The international operations of Air India seem to be the main attraction for IndiGo, which has also flagged concerns about some foreign overseas airlines being allowed "disproportionate access" to the Indian market.
In a bid to cut mounting annual fuel bills of Rs 8,000 crore (Rs 80 billion), Air India is to shed weight on its flights by carrying less food, newspapers and a half-filled water-tank on board.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances