The conglomerate, which has received environmental clearance for the project, plans to invest around Rs 1,500 crore in it.
Grounded Indian planes will be up in air by end of April says company president
Finance Minister Arun Jaitley on Friday said as many as 37,506 tax dispute cases were pending before various Income Tax Appellate Tribunals having a financial implication of Rs 1.45 lakh crore at end March 2015.
The revised policy, which has come into effect since last week, means passengers who are looking to skip the long queues at airports will have to shell out a fee for it. For IndiGo, the lowest seat fees is Rs 100 while for SpiceJet it is Rs 99.
Prime Minister also underlined the need for increasing the number of tax payers to 10 crore.
The a/c holder will have to mention the date of opening of foreign a/c.
UP government renews proposal for one at Jewar, 100 km from Delhi
A strong start-up ecosystem can propel investment, jobs, and demand creation, and for that, substantial growth capital is required.
IndiGo's president and director Aditya Ghosh apologised for the incident and said stern action was taken against an airline staff for manhandling the passenger.
Say their aggregate borrowings were "well within the norms"
Govt looking for common ground on GST; hopes to pass it soon.
After Rahul's Bharat Jodo Yatra began criss-crossing the Hindi heartland, BJP leaders have revived their attacks on 'dynasty politics' and 'family rule' in the Congress, points out N Sathiya Moorthy.
Prime Minister Narendra Modi on Monday reviewed the situation and favoured pushing ahead with the reforms agenda and taking more steps to strengthen the economy.
Finance Minister Arun Jaitley sought parliament's approval on Friday to increase the spending budget for this fiscal year by $4 billion, with almost half to be used to inject extra capital into state banks struggling with bad loans.
The ban on Gaikwad was revoked last Friday after a letter from the ministry of civil aviation "advised" it to do so.
According to sources in the aviation ministry, only State-owned Air India and private carrier AirAsia India have agreed to pay the surcharge.
Reacting to the development, Samajwadi Party leader Sanjay Lathar, who served as the Leader of Opposition in the legislative council before Yadav, said the leader of the second-largest party in the House gets the post.
Out of the total amount, Rs 17,359.77 crore is aircraft loan, while Rs 31,517.04 crore is working capital loan.
'They should have offered a ticket for his constituency to Advaniji's daughter Pratibha or son Jayant. But, of course, that is too much to expect.'
India was for the first time the leading country in the world for FDI, overtaking the US.
Although Gorakhpur is the largest urban centre and trading hub in Eastern UP, catering not only to the neighbouring district but also the adjoining Bihar and Nepal, it had been lacking in proper infrastructure of road and air connectivity, impeding the harnessing of its socioeconomic potential.
Modi will get the maximum chunk of the session time.
Yashwant Sinha explains where the Modi government has gone wrong in its handling of the economy.
Currently, airlines are required to pay compensation of Rs 5,000-10,000 to a passenger, in addition to a ticket refund in case of flight cancellation. Soon, all that may change. However, compensation is payable if the airline does not give advance intimation to a passenger, which is at least 24 hours before departure.
He will succeed Kerala Finance Minister K M Mani.
FM is likely to raise tax slabs.
Taking a cue from neighbouring Gujarat and its successful Vibrant Gujarat summit, Maharashtra has organised a conclave -Transforming MMR into a Global Financial, Commercial and Entertainment Hub - on February 6.
The Sena also asked why the government was only talking about discipline while flying and not on the ground as well, and why the Centre does not threaten to dissolve a state assembly when there is even one incident of farmer suicide.
The ruckus began during the procedure for the introduction of the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020.
These meetings with Pawar has fuelled speculations about the possibility of opposition parties coming together to form a third front against the Bharatiya Janata Party.
Former Goa Chief Minister Manohar Parrikar and three others were on Sunday inducted into the Union Cabinet as Prime Minister Narendra Modi expanded his Council of Ministers, bringing in 21 new ministers as Shiv Sena kept away from the exercise.
Around 250 financial market players will participate in a closed door meeting with Narendra Modi on February 27.
Singh had on Saturday called on the jailed activists, one of whom was arrested recently in connection with a communal flare-up that took place last year
Senior Nationalist Congress Party leader Chhagan Bhujbal on Tuesday alleged that he was being targeted by the Bharatiya Janata Party government as he belonged to a backward community and because some people were trying to settle scores with him.
Rajnath Singh, Nitin Gadkari, Nirmala Sitharaman, Piyush Goyal, Narendra Singh Tomar, Prakash Javadekar, Ravi Shankar Prasad, Dharmendra Pradhan and Smriti Irani are also likely to join the second Modi government after being its members in its first avatar.
The SBSP has six MLAs in the Uttar Pradesh legislative assembly.
Acceleration in demand, together with marginal price hikes of about 2-3 per cent by cement companies in the October-December quarter (third quarter, or Q3) of 2022-23, may not be enough to cushion the impact of high input costs on the bottom line, reveal Bloomberg consensus estimates for the quarter. Year-on-year (YoY) net sales growth in Q3 will come in at nearly 7 per cent, shows Bloomberg data, while bottom-line growth will show a sharp decline of 25 per cent from a year ago. The earnings before interest, tax, depreciation, and amortisation (Ebitda) will likely decline by nearly 5 per cent versus a year ago, shows data.
Five months into office, Prime Minister Narendra Modi will expand and reshuffle his Council of Ministers on Sunday, bringing in new faces and is likely to drop a few.
The no-fly rules divide unruly behaviour into three categories and recommend a flying ban of 3 months, 6 months and two years or more, without limit.