However, the move may make travel by Air India costlier as travel agents would then charge a transaction fee from passengers to compensate for the withdrawn commission. "It has become necessary to review the remuneration pattern offered to our travel trade partners," an Air India circular dated June 20 and addressed to various travel bodies, said.
The Planning Commission is expected to take a call soon on the expenditure, which will be a component of the health ministry's 12th plan allocation. The ministry is expected to pitch for doubling the allocation for the overall health sector, it is learnt.
The government's flagship health insurance programme for the rural poor has drawn increasing appreciation from European and Asian countries.
Indian industry snubbed Google Play's decision to cut by half its commission for developers when they make $1 million in annual revenue for in-app purchases, saying the US tech giant may continue its "abrasive & monopolistic abuse" as it owns the Android system. Google Play said Tuesday that beginning July 1 it would slash its 30 per cent billing fee to 15 per cent for developers globally when they make the first $1 million of their annual revenue.
India should learn to live with high energy prices for rapid economic growth, said Planning Commission Deputy Chairman Montek Singh Ahluwalia after two of the state-owned oil companies hiked petrol rates this week.
Kerala had the highest number of average sitting days at 48 days a year, followed by Odisha (41) and Karnataka (35).
The good news is that within the first 14 months, orders for manufacturing and commissioning of the entire 88,537 Mw capacity for the 12th Plan have been placed, according to the Central Electricity Authority, the country's apex power planning body.
The investment deficit in the healthcare sector could be bridged through public private partnership (PPP) among other measures, a senior Planning Commission official said on Tuesday.
This was announced at the Indo-US Economic Cooperation conference held on Friday.
"The full impact of the Dubai debt crisis is yet to be assessed, but there is no need to press the panic button," said Pranab Mukherjee.
Let Air India - that anyway flies very limited international routes, often bleeding profusely and makes huge losses on trunk routes - do this national service, says Anjuli Bhargava.
As the country faces the possibility of a fractured mandate after the 2014 general elections, Planning Commission Deputy Chairman Montek Singh Ahluwalia is of the view that in an era of coalition governments, special steps are needed to build consensus around policies or else, India will not be able to grow at its full potential.
Planning Commission Deputy Chairman Montek Singh Ahluwalia on Monday expressed confidence that in the years to come India could emerge as the fastest growing economy in the world, beating China as the nation has yet to achieve its full growth potential.
Expressing serious concern over the growing instances of starvation deaths in the country, the Supreme Court on Wednesday said there cannot be "two Indias" divided between the elite and the poor.
The 'poor' also own TVs and two-wheelers and no discussion of poverty is complete unless it acknowledges this.
The pipeline for well-qualified and experienced policy economists at senior levels of government has broken, leading to a growing dearth of suitable candidates for top economist positions.
Portfolio management services (PMS), catering to higher networth individuals (HNIs), are facing tough competition from emerging alternative investment funds (AIFs), evident from their dwindling client base. In May, the number of clients for the industry stood at 125,390, down 20,528 in two months, shows data from the Securities and Exchange Board of India (Sebi). "PMS managers also have a high active ratio, which means their portfolios are quite differently positioned and more actively managed, compared to the benchmark, which is also a highlight for long-term investors.
To offset the impact of high import costs, the Planning Commission has said that CIL should adopt a pooling formula on prices by combining rates of imported and domestic coal.
Prime Minister Manmohan Singh said on Thursday the government will focus on modernising the agricultural marketing system and brining in private players to this sector in the 12th Five Year Plan beginning 2012.
He also said it was wrong on her part to go to Pakistan without informing anyone. The woman, Anju (34), was born in Kailor village in Uttar Pradesh and lived in Alwar district of Rajasthan. She and Pakistani national Nasrulla (29) became friends on Facebook in 2019.
At a time when the BJP's stars are at the top on the eve of the Lok Sabha polls, the Puri-Joshimath Sankaracharyas may have kick-started a row whose efforts might be to divide Hindus, not in the name of castes, but on what passes for greater belief, observes N Sathiya Moorthy.
The Adani group has exited the financial services business by selling its entire 90 per cent stake in Adani Capital and Adani Housing to private equity (PE) firm Bain Capital for Rs 1,440 crore. The total valuation of the Adani financial services business stands at Rs 1,600 crore. Gaurav Gupta, managing director (MD) and chief executive officer (CEO) of the Adani firms will hold the rest of the stake.
There had been a paradigm shift in international perception about India's economic policies and technological prowess, a United Nations official said on Wednesday.
There are wide spread speculations in corridors of power in the Capital that Deputy Chairman of Planning Commission Montek Singh Ahluwalia may take over as the next finance minister of India.
National security, consolidation of border defences and border security highlights China's Tibet policy, points out Jayadeva Ranade, the former senior RA&W officer and China expert.
Aseem Chhabra lists his favorite 2023 films -- a healthy blend of Bollywood, Hindi indies and some of the best work that is being done in Tamil, Malayalam, Kannada and Bengali cinema.
The Kerala assembly on Tuesday unanimously adopted a resolution urging the Bharatiya Janata Party-led central government to refrain from implementing the Uniform Civil Code (UCC) in the country.
India on Wednesday said it hopes the G-20 nations will pay heed to its call for a strong action on the issue of black money stashed in tax havens during their crucial summit in Cannes.
As the world on Sunday celebrated the inaugural International Day of Yoga, in Pakistan it remained confined to the premises of Indian High Commission in Islamabad with the staff of the mission along with other foreign diplomats in the country performing 'asanas'.
India and US have launched a new bilateral dialogue on energy, which envisages setting up working groups focussing on, among other things, clean coal technology.
Some reactions to RBI's monetary policy announced on Monday.
The equity cult has grown at a rapid pace in India in the last few years, with retail investors latching on to the stock markets like never before. At 126.6 million, the number of dematerialised (demat) accounts, where investors hold their securities in electronic form for trading purposes, are at record high levels. The growth rate, on an annualised basis, stood at 27 per cent in 2022-2023, up from barely 6 per cent a decade ago.
'Within a short span, it increased attendance, improved children's physical fitness, and led to a rise in the enrolment ratio.'
Section 19(4) of the RERA Act entitles allottees to a refund if the developer doesn't comply with the terms of the sale agreement.
With domestic production of just over 140 million standard cubic meters per day meeting barely half the demand, India is importing 10 million tons of liquefied natural gas per annum and is looking at unconventional sources like shale gas.
'We failed as a country because those who should have been there to say goodbye did not show up.'
The Lok Sabha was adjourned on Wednesday following uproar over fresh poverty estimates released by the Planning Commission, which pegged the poverty line at Rs 28.65 per capita daily consumption in cities. As soon as the House met, National Democratic Alliance convener Sharad Yadav and Communist Party of India leader Prabodh Panda were on their feet, demanding suspension of the Question Hour for a discussion on the latest poverty estimates of the Planning Commission.
The new Samvat 2080 is viewed as a year of hope for industrial and precious metals. A key reason is the expectation of US interest rates peaking, followed by a reduction in the coming months. Regarding crude oil, its trajectory depends more on how the situation unfolds in West Asia.
'How do you apply indelible ink without coming into contact?' 'There have to be options for other activities like casting of vote where you press a button and that of the signature identifying oneself.' 'None of our procedures should lead to exposure to infections.'
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