South America-based Synergy Group, one of the suitors, has said slots at London's Heathrow airport are critical to the airline's operations and will decide on participating in the resolution only if it gets clarity. It also wants to form a new company with its assets, employees, and operating permit but minus all liabilities.
They pointed out that Finance Minister Nirmala Sitharaman relies a lot on divestments, where the government under-performed in FY2019-20, to achieve the 3.8 per cent fiscal deficit target.
The president of a top Honduras football club and two family members were charged by US authorities on Wednesday with engineering a decade-long scheme to launder drug trafficking and foreign bribery proceeds through US accounts.
Penalty must act as a deterrent. If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay.
Juventus rehire Allegri.
'We may be opponents - but we are not enemies. We are America'
The United States has announced the end of its 20-year-old war in Afghanistan as the last American military flight flew out of the Hamid Karzai International Airport in Kabul shortly before the August 31 deadline.
Like China, India too should connect the dots and move ahead with a long-term perspective in Afghanistan, advises Ambassador M K Bhadrakumar.
Afghan spinner Rashid Khan returned to Lahore Qalandars, having exited the tournament in February to honour international commitments.
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Analysts at foreign brokerage Bank of America Merrill Lynch said the RBI will cut rates by 0.25 per cent in December, and follow it up with a 0.15 per cent in February.
The "unknown pneumonia in Kazakhstan caused 1,772 deaths in the first six months of the year, including 628 people in June alone", the Chinese embassy in the central Asian country said in a statement.
The Singapore government on Wednesday conveyed to the Indian High Commissioner its strong objection to Delhi Chief Minister Arvind Kejriwal's comments about a 'Singapore variant' of COVID-19, the Ministry of External Affairs (MEA) said.
We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.
India needs to shed its policy of lethargy and inhibitions to engage the Taliban with an intent to maintain its influence in Afghanistan. This would not just put a spanner in Pakistani designs, but also incentivise the Taliban not to be the puppets of GHQ, Rawalpindi, asserts Colonel Nikhil Apte (retd), who served on the Af-Pak desk at the Military Operations Directorate.
The group has called for a retaliatory tariff action against India, if New Delhi does not roll back the 'unilateral and discriminatory' equalisation levy or Google Tax.
Rediff.com picks 20 top photos from the month of September.
'There are three pillars of concern: The expansion of Hindu majoritarianism, the concentration of executive power and decay of independent institutions, and curbs on free expression and dissent.'
An immediate RBI rate cut will lower lending rates for banks' MSME/retail/mortgage loans before the 'busy' industrial season ends in March.
Auckland in New Zealand has been named the world's most liveable city.
A closure of the Indian mission in Kabul will be a Himalayan blunder at this historic juncture when the wheels of diplomacy and politics are set to accelerate in Afghanistan, argues Ambassador M K Bhadrakumar
India has much paranoia in India about a new 'Terroristan' coming up between Pakistan and a Taliban-ruled Afghanistan. Pakistan has zero ability economically, diplomatically, geostrategically or militarily to create one. If they try, it will be great for India as they will destroy themselves yet again, asserts Shekhar Gupta.
The postponed FIFA Under-17 Women's World Cup in India was on Tuesday rescheduled to next year from February 17 to March 7 after the world body made a "thorough assessment" of the situation arising out of the COVID-19 pandemic. The tournament was originally scheduled to be held from November 2 to 21 this year but was postponed last month due to the coronavirus outbreak, which brought global sports activities to a grinding halt.
On Friday, Federation Football Australia FFA chief Frank Lowy rejected criticism of Australia's failed bid for the 2022 World Cup, saying the country ran a "clean campaign".
Budget has already bombed at the box office and passing it without a revisit will be a mockery of the exercise though any modification may be short lived and perfunctory, observes V Ranganathan.
'The crisis has strengthened America's resolve to work towards building its relationship with India as a bulwark against Chinese aggression'
The Biden team updated its website to showcase four policy areas the incoming administration will prioritise: COVID-19, economic recovery, racial equity and climate change.
Foreign direct investment in India has increased by about 35 per cent to $13.6 billion during the first half of 2013 with merger and acquisitions accounting for the bulk of inflows, says an UNCTAD report.
Photos from the 2018 World Cup qualifiers played on Tuesday
Foreign brokerage Bank of America Merrill Lynch said they expect the headline inflation to rise to 3.3 per cent in May, but added that it is within the 2-6 per cent range which the government has set for the RBI.
But the Democrats appeared to be unconvinced by Trump's argument of national emergency.
The former Central Intelligence Agency director, was confirmed by the Senate by 57-42 votes. He replaced Rex Tillerson, who was fired by US President Donald Trump last month.
The United States intelligence community has failed to reach any firm conclusion on the exact origin of COVID-19 and is split on whether it leaked from a lab in China or emerged in nature, even though it does not believe the virus was developed as a biological weapon, according to results of a detailed review ordered by President Joe Biden.
The highly transmissible Delta variant of SARS-CoV-2 has mutated further to form the 'Delta plus' or 'AY.1' variant but there is no immediate cause for concern in India as its incidence in the country is still low, scientists in New Delhi said.
Economic growth has slipped to a six-year low of 5 per cent for the June quarter and is expected to turn in lower than that in the September quarter. Lack of consumption is seen as one of the key factors pulling down growth.
About 67 per cent of Indian organisations whose data was encrypted paid a ransom to get back their data-a slight increase on the previous year when 66 per cent paid a ransom. In fact, Indian entities were the most likely to pay a ransom of all countries surveyed: the global average was just under a third (32 per cent). These were the findings of the global survey 'The State of Ransomware 2021' conducted by cybersecurity firm Sophos. The survey findings further stated that the total cost of recovery from a ransomware attack has more than doubled in a year, increasing from $761,106 in 2020 to $1.85 million in 2021 globally.
UEFA says decisions over whether to cancel matches due to the coronavirus, will be made by governments and health authorities and not the game's ruling organisations.
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In this moment there has to be honest acknowledgement of how so many in our community willingly voted for another four years of Trump, based on the morally flimsiest of reasons, points out Suleman Din.
Notwithstanding how the current impasse is solved, at some point in the future, Russia will realise that just as centuries ago it developed the paradigm of securing its heartland's safety through annexing vast buffer zones between itself and the enemy, a more modern security is possible only through friendly relations and sustainable peace, observes Shyam G Menon.
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