The finance ministry is working on a second relief package for the Indian economy hit hard by the coronavirus outbreak and the 21-day nationwide lockdown imposed to curb the contagion, sources said. Last month, the government announced a Rs 1.70 lakh crore relief package in the form of foodgrains and cash transfers for the poor and vulnerable section of the society to help them deal with the hardships caused by the lockdown. Now, the government is working on a stimulus to be given to hard-hit sectors of the economy after the lockdown is lifted, sources said, adding that an announcement is expected in the next few days depending on the severity of the pandemic.
Inter-ministerial programmes have run into obstacles as rules written by bureaucrats hamper rather than promote investments.
An Australian marine exploration company has claimed that it has found the wreckage of the crashed Malaysian plane in the Bay of Bengal, 5,000 km away from the current search location in the Indian Ocean.
Tata Sons and Singapore Airlines (SIA), which recently received a no-objection certificate from the ministry of civil aviation to start a full-service airline (Tata-SIA Airlines), are in the process of securing an import licence for 20 Airbus A320 aircraft.
The government on Monday signed the share purchase agreement with Tata Sons for the sale of national carrier Air India for Rs 18,000 crore. Earlier this month, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of the salt-to-software conglomerate, to pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt. Following that, on October 11 a Letter of Intenet (LoI) was issued to the Tata Group confirming the government's willingness to sell its 100 per cent stake in the airline.
Union Minister Kiren Rijiju was at the centre of a controversy for delaying an Air India flight from Leh to Delhi for about an hour and for the offloading of three of its passengers, including a child, allegedly to accommodate him and his aide.
Instead of lowering the altitude, the pilot responded by saying that he was satisfied. When only 10 nautical miles were left till the airport, the plane was at an altitude of 7,000 feet instead of 3,000 feet, it said. The ATC issued a second warning to the pilot to lower the plane's altitude. However, the pilot responded again by stating that he was satisfied and would handle the situation, saying he was ready for landing, the report said.
Five years on, US company that won the auction for the aircraft is running pillar-to-post, unable to take possession as DGCA hasn't deregistered the jet
The move comes after CBI gets sanction to prosecute him in Aircel-Maxis case
Air India had stopped the practice of issuing tickets on credit to government agencies for the travel of their officials in December last year because of accruing pending bills.
DGCA sources pegged SpiceJet's total dues at Rs 1,600 crore (Rs 16 billion), which the airline owes lessors, vendors, income-tax department and airport operators.
An airline's birth is a result of passion and enterprise, often not without its challenges and ordeals. And, Tata-run airlines are no exception
Als0 looking to make its staff accountable for delay in operations
Air India shelves plan to acquire Boeing 787-9 aircraft.
The SOP said priority will be given to compelling cases of in distress, including migrant workers and labourers who have been laid off, short term visa holders faced with expiry of visas, persons with medical emergency/ pregnant women and elderly persons or those required to return to India due to death of family member, and students.
Because of strong headwinds on Delhi-Istanbul route for the last two days, the low-cost carrier has been unable to take most of the check-in luggage in the same aircraft along with passengers, said an airline spokesperson.
A committee, which was constituted by the government to investigate the matter, had found the documents submitted by Yadav to be fake.
After all its flights remained grounded for most part of the day on Wednesday, cash-strapped SpiceJet resumed operations in the evening as oil companies, which had stopped fuel supplies to its aircraft, eased the restriction.
If you aren't living under a rock, it would be hard to miss reading or hearing about the Boeing 737 MAX aircraft being grounded by over 50 nations. For those who are in the dark or still confused about the entire episode, here's a simple FAQ on the issue and what's happening around the world.
The Ministry of Home Affairs (MHA) on Wednesday allowed cinema halls and theatres to operate with more people while swimming pools have been permitted for use by all in fresh COVID-19 reopening guidelines.
The government is also planning to replace the current ageing Air India One or Boeing 747 with Boeing 777s. Arup Roychoudhury and Archis Mohan report.
Air traffic controllers failed to notice for 17 minutes that the ill-fated Malaysian jet had gone off the radar and did not activate a rescue operation for nearly four hours, according to a preliminary report on the mysterious disappearance of MH370 released on Thursday.
A total of 27,920 people have been cured of the disease with 1,685 in the last 24 hours, taking the recovery rate to 34.06 per cent, the ministry said.
The proposal of Tatas and Singapore Airlines for a new joint venture, entailing foreign investment of $49 million, is likely to come up before the Foreign Investment Promotion Board for approval on October 18.
The Karnataka government is also expected to follow suit and withdraw its decision to raise the variable DA.
The MoU is a separate agreement entered into with the ministry that is more broad-based.
The official also said the government's official app helped generate information about 697 potential hotspots in the country.
Air India and aviation authorities on Saturday termed as false claims of a security scare onboard a recent Delhi-bound Air India flight from London.
Dairies, milk plants, grocery shops, chemists and petrol pumps, ATMs, e-commerce services of essential items like food and medicines will remain open, he said.
As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank
Besides, as many as 44 per cent of the incoming flights were delayed by an average 8 minutes.
In his meeting with the secretaries of all government departments, Prime Minister Narendra Modi gave the top bureaucrats space and time to voice their expectations from the new administration besides listing areas needing urgent attention.
It was during his tenure that Air India made its first operating profit of Rs 105 crore in FY17 since the merger of Indian Airlines and Air India in 2007.
A business in India wanting access to maps and geospatial data would typically have to wait months before it got what it wanted. All this is set to change with the new guidelines on geospatial data, report Neha Alawadhi and Peerzada Abrar.
The flood situation eased in Assam and northern districts of West Bengal with water receding and no fresh deaths being reported in both the states.
"We can confirm that there are no fatalities among our passengers and crew. All passengers and crew are accounted for and safe," the airlines said in statement.
The airline has already grounded the four pilots and set up an internal probe into the incident, which took place about four years ago but was brought to the notice of the Directorate General of Civil Aviation only this week.
The formal notification of handing over the case to the NIA is expected to be issued by the ministry soon, an official privy to the development said.
Reddy, who represents Andhra Pradesh's Anantapur seat in the Lok Sabha, reported late for the flight and therefore, was not allowed to board it, a source said.
Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines.