Air India stares at an operational loss of Rs 2,171 crore in 2014-15.
A ministry spokesperson said he wasn't aware of the development.
While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.
Instead of giving away the airports to the private sector 'on a platter', state-run Airports Authority of India should form a subsidiary or a special purpose vehicle to grant management contracts to entities having expertise in the field, the panel recommended.
These parties also asked the Centre to present a revised comprehensive economic package that will be a 'true stimulus' and sought reversal of all unilateral policy decisions, especially pertaining to labour laws, as they put forth a 11-point demand charter before the government during a virtual meeting, called by the Congress to discuss the situation arising out of the pandemic as well as the lockdown.
A homoeopathic state of mind pervades our thinking in governance and infrastructure-building. Do it in small, harmless doses, but nothing bitter, sharp, or bloody, says Shekhar Gupta.
'India need to look beyond the economic prism.' 'China had no qualms in taking the Kashmir issue to the UN Security Council last year -- not once, but thrice -- thus violating Indian sensitivities,' observes China expert Srikanth Kondapalli.
By revising the India-Bangladesh land boundary agreement, the NDA is going for short-term gains and losing the long-term perspective, says Gautam Sen.
The Shiv Sena has spurned Congress' request to participate in the bandh.
Farmers and pro-Kannada outfit activists protested in various parts of Karnataka against the Supreme Court direction to release Cauvery water to Tamil Nadu.
Chennai on Wednesday turned a virtual island after unprecedented rains in 100 years pounded the city, shutting the airport and rendering thousands homeless.
Here's everything you need to know about the Goods and Services Tax Bill.
Strident Hindutva has not been the Shivraj Singh Chouhan's hallmark in his long tenure as chief minister. What has changed?
Two people at the scene were treated for injuries after the vehicle crashed into the large steel barriers erected around the Houses of Parliament complex.
'The government has belied the hope that many harboured of change, efficiency and dismantling old practices as the defence ministry continues to pursue the same well trodden and wasteful path.'
Till date, 107 elections to states and three parliamentary polls have been smoothly conducted using the EVMs.
'The idea behind the new rules is that slaughter markets must buy directly from the farms as is the case in the bloody world.' 'The cattle markets have become centres for the organised beef mafia.'
The commission asks for notification to be deferred; RIL's KG-D6 pricing issue may return to Cabinet
BJP President Amit Shah -- arguably the second most powerful politician in the nation -- granted a rare television interview to the Network 18 group of news channels. Rediff.com's Rajesh Alva checks out what the BJP boss said in this word cloud assessment of the interview.
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