The government will transfer about Rs 16,000 crore of unpaid fuel bills and other pending dues that Air India owes to suppliers, to a special purpose vehicle before handing over the loss-making airline to the Tata Group, a senior official said. Air India Assets Holding Ltd (AIAHL), which will hold non-core assets of Air India such as land and building, will also be saddled with 75 per cent of the airline's debt that the Tata Group is not taking over. Besides the debt, the excess liability going to AIAHL comprises unpaid fuel bills to oil companies, airport operators and vendors, said Tuhin Kanta Pandey, Secretary to the Department of Investment and Public Asset Management - the department running the privatisation programme of the government.
After his wide-ranging talks with Modi on the second and final day of his India visit, Johnson said the new defence and security partnership will enable India to strengthen its domestic defence industry as well as help the two countries protect vital shared interests in the Indo-Pacific.
United States Vice President-elect Kamala Harris has named her Chief of Staff, Domestic Policy Advisor and National Security Advisor -- an all-women team -- which she said has the experience to hit the ground from day one.
'The finance minister said, the MSME is the backbone of the economy. My question is, what have you done for the sector?'
The new cabinet, predictably, has a sizeable number of Yadavs and Muslims, though members of other sections of the society also find a place.
The decision was taken at a Cabinet meeting on Saturday chaired by Chief Minister Raman Singh at the Secretariat, state's Revenue Minister Prem Prakash Pandey said.
Rationalisation of reserve prices in the ongoing spectrum auction helped the government to get Rs 40,000 crore of bids on the opening day.
One Chinese source informed ANI that 10 million new infections are probably occurring daily in China.
Washington is signalling to Delhi that it can rely on American support in any great game vis-a-vis China. Delhi shouldn't fall into the trap, argues Ambassador M K Bhadrakumar.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
Modi's minimum government, maximum governance will go a long way?
'Students tell me their parents are fine with them either joining a start up or even starting one. This was not the case 10 years ago.'
Noting that a very important policy for advancement of SCs and STs was Schedules Caste Sub-Plan and Tribal Sub-Plan, Raju said the group has recommended a central and states' legislation on them.
Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.
'People are questioning these highways and expressways in UP because ultimately, they want to get bread and butter first.'
Reacting to Patole's suggestion that he was under watch, the NCP, which handles the home department, on Monday said his claim was based on incomplete information, while the Shiv Sena asserted that all was well in the ruling alliance.
It remains to be seen whether the ban of its parent organisation will weaken the SDPI or will it be able to further consolidate its voter base.
Sachin P Mampatta goes back in time to recall a deluge that that has passed into lore in Kerala.
'A well made masala film will never go out of fashion. Pushpa proved it yet again.'
Amway maintains the action was related to a case in 2011 and it has been cooperating with the investigative agency.
Iran's decision to keep India out and welcome China to the scene is a huge strategic setback for India, observes Dr Rajaram Panda.
'Politicians want pliable policemen who would carry out their orders, right or wrong, lawful or illegal.'
Nine members of a family were among the deceased in the first incident which took place around 11.15 pm on Wednesday, when Mumbai experienced heavy rains throughout the day, at the New Collector Compound on Abdul Hamid Road in the Malwani area of suburban Malad, the officials said.
United States President Joe Biden has nominated Indian-American lawyer and rights activist Kiran Ahuja to head the Office of Personnel Management, a federal agency that manages America's more than two million civil servants.
Success in Karnataka's assembly polls will hinge on two factors: Drop a large number of incumbent MLAs and project Modi and not the state leaders, least of all Bommai.
'When we finished the narration, we expected Shah Rukhbhai to say the usual, 'I'll think about it and let you know in two days.' But he jumped up and said, 'I'm doing the film.'
It is going to be a long-term proposition for India -- which has a decades-old relationship with Moscow -- to reorient its foreign policy away from Russia, the US has said, insisting that re-aligning one's approach is not like flipping a light switch.
December 2022 could be the last Christmas for Santha Bakery, a business drawing its lineage from the first Christmas cake baked in Kerala.
The Manitoba Royal Canadian Mounted Police (RCMP) on Thursday said that the bodies of four people -- two adults, a teen and an infant -- were found on the Canadian side of the US-Canada border near Emerson.
The Cabinet on Wednesday approved public private partnership mode for the rollout of BharatNet project for broadband services in villages in 16 states with viability gap funding of Rs 19,041 crore, Telecom Minister Ravi Shankar Prasad said. Prasad said the decision to involve private players was taken after Prime Minister Narendra Modi announced on August 15, 2020 that around 6 lakh villages in the country will be connected with broadband in 1,000 days. "The Cabinet has in-principle approved implementation of BharatNet in 16 states in a public private partnership model with total expense of Rs 29,430 crore.
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.
The Union Cabinet on Wednesday approved 'Mission Karmayogi', dubbed as the biggest bureaucratic reform initiative, aimed at capacity building of government employees to make them more "creative, proactive, professional and technology-enabled". The core guiding principles of the competency-driven programme will be to support a transition from "rules based to roles based" HR management to prepare the Indian civil servant for the future, according to a government statement.
Amid fresh COVID-19 concerns, Karnataka government on Sunday decided to impose 'night curfew' for 10 days from December 28, between 10 PM and 5 am.
The highway was closed on Saturday due to heavy snowfall and landslides.
Former Prime Minister P V Narasimha Rao has finally got a memorial in his name in the national capital, ten years after his demise.
The State Department has proposed not to issue temporary business visas for H-1B speciality occupations which allowed several companies to send their technology professionals for a short stay to complete jobs on site in the US, a move which could affect hundreds of Indians. The proposal, if finalised, will eliminate any misconception that the "B-1 in lieu of H policy" provides an alternative avenue for foreign professionals to enter the US to perform skilled labour that allows, and potentially even encourages them and their employers to circumvent the restrictions and requirements relating to the H non-immigrant classification established by Congress to protect the US workers, the State Department said.
Louis Berger officials had allegedly paid Rs 50-60 lakh each as bribe to former Chief Minister Digambar Kamat and the then Public Works Department Minister Churchill Alemao.
Senior Congress leader Ghulam Nabi Azad on Friday resigned from all party positions, including its primary membership, delivering another blow to the embattled party that has seen a series of leaders leave it.
More than 24 years later, case of wilful absence has finally been proven against the bureaucrat.
The aim of the mission is to accelerate the development of at least six vaccine candidates and ensure that they are licenced and introduced in market for emergency use at the earliest.
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