There is nothing to be worried about as bilateral ties are robust with solid foundations. Both are on the same page on the economic and defence/security ties bilaterally and globally and that shall continue irrespective of change in political dispensation in either country, points out Dr Rajaram Panda.
However, finding the funds to fulfill them will be a herculean task.
The ministry of civil aviation will seek a complete rollback of service tax levied on domestic air travel in the recent Budget, Civil Aviation Minister Praful Patel said on Wednesday.In his Budget speech on February 26, Finance Minister Pranab Mukherjee had proposed a service tax of 10 per cent on both domestic and international travel. Earlier, the service tax was restricted only for international travel.
Prime Minister Manmohan Singh on Friday hailed Railway Minister Mamata Banerjee for doing a 'competent job' at a short notice, saying the Railway Budget will make train travel an "enjoyable experience".
Though levy of service tax on domestic air travel is negative, given the rebound in air travel, the players can fully pass on the impact to customers through hike in fares
Start-ups are changing the way people take vacations.
The aid to Nepal increased substantially from Rs 650 crore in 2018-19 to Rs 1,050 crore in 2019-20.
The maiden Railway Budget of the Narendra Modi-led NDA government seems to have not gone down well with the suburban commuters as it does not offer anything new to them, commuters associations in Mumbai said.
Modi termed it a 'historic document' to fulfil his government's aim of 'sabka sath sabka vikas'.
Railway Minister Suresh Prabhu said Budget-making was guided by the Prime Minister's words of the government being there to protect the interests of the common man.
Looking under the hood, I see India on the terrible, but commonplace, road to prosperity failure, warns Rathin Roy.
A minimum of three-match Test series and the home team footing the bill of the visiting side in a bilateral contest are some of the recommendations made by the MCC's World Cricket Committee.
Throughout its 155 minutes, every scene is doused in blaring background music and melodrama. Disappointment alone won't do, it must feel like a full blown catastrophe, observes Sukanya Verma.
First and business class air travellers would find flying costlier.
On retirement, you will draw a lesser amount as pension.
The PM said that the Union Budget will accelerate the economic growth, financially empower every citizen and strengthen the foundation of the economy in the new decade.
Spicejet has consolidated its base fare by including fuel surcharge in it.
According to highly placed sources, the finance ministry is likely to extend ECLGS and other loan guarantee schemes for micro, small and medium enterprises (MSMEs), hospitality and tourism sector, and the health infrastructure beyond March 31, Business Standard has learnt. This is likely to be announced by Finance Minister Nirmala Sitharaman as part of her Budget speech on February 1.
rediffGURU Dr Pananjay Tiwari lists the options and cost of pursuing an MBBS education outside of India.
Air travel and hotel stays will be expensive as the government raised service tax air travel in economy class by up to Rs 250 and brought hotel accommodation, among others, under the tax net in the Budget unveiled on Monday.
'I promise you, you've never seen her do anything like this.' 'It is a complete reinvention of Janhvi Kapoor.'
Engagement with neighbours is a strategic imperative, and not an option, asserts Rup Narayan Das.
Mumbai was found to have the highest average hotel room rent of Rs 23,092 for three nights while hotels in Jaipur continues to remain the cheapest to stay.
Only 9% of passengers on such airlines are first-timers: CAPA survey.
Aditi honoured in Dubai... Sonal turns poet...Kalki goes surfing...
In a Women's Day gift, Railway Minister Mamata Banerjee on Tuesday announced free monthly seasonal tickets -- for local travel -- to girls till their college level education.
Railway Minister Suresh Prabhu on Thursday presented the Railway Budget.
'Our focus is not going to be metro to metro routes.' 'We will begin by focusing on metro to non-metro (routes).' 'Metro to tier-2 cities or tier-3 cities is where there is a lot of space for affordable, efficient carriers.'
Outward remittances under the Reserve Bank of India's (RBI's) liberalised remittance scheme (LRS) surged by 50.64 per cent to $9.1 billion in the April-June quarter (first quarter, or Q1) of 2023-24 (FY24), driven by healthy growth across segments due to a revision in the timeline of tax collected at source under the LRS scheme and normalisation in international travel. Major drivers include equity and debt investments, deposits, and the international travel segment, among others. According to the latest RBI data, the amount remitted under LRS stood at $9.1 billion in Q1FY24, compared with $6.05 billion in the same quarter last year.
A loss of revenue from liquor sales will have to be compensated through increased landing and parking charges on airlines, which, in turn, will pass on the cost to flyers.
The global airlines body International Air Transport Association also said that such taxes would compromise the industry's ability to maintain margins. Ravi said he would also appeal to all state governments to reduce sales tax on aviation turbine fuel.
This post is for those who think they can't travel with less money and for those who have money but want to travel on a shoestring budget for the sake of constraint and the adventure it brings with it.
The Associated Chambers of Commerce and Industry of India has sought the restoration of Notification in the Finance Bill 2005-06
A foreign holiday has now become non-negotiable for Indian consumers.
In an hour-long chat on rediff.com, Neelu Singh, chief operations officer, Ezeego1.com, explains how the travel industry will be affected.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Railway Minister Sadanand Gowda presented the Railway Budget for 2014-15 on Tuesday.
Take a moment to consider ways to improve your finances.
The Bharatiya Janata Party on Tuesday attacked Railway Minister Lalu Prasad for announcing hike in parcel rates and said many of the measures announced by the minister were initiated by the previous National Democratic Alliance government.