The API of Paracetamol, a fever and pain medication, has grown 25 per cent from Rs 450-480 per kg in December 2020 to Rs 580-600 per kg in April. When compared to the pre-Covid prices of December 2019, the surge is much steeper -- around 140 per cent, reports Sohini Das.
Emirates and Etihad Airways have over the past year continued to lobby India to allow them more flight slots, which won't be possible until the 2007 pact is revised.
India has emerged as one of the top three choices for investments in the next 2-3 years, with more than two-thirds of respondents in a survey of multinational companies (MNCs) citing the country as their number one choice for future investments. According to the FDI survey released on Tuesday by CII in association with EY, about half of the respondents see India amongst the top three economies or leading manufacturing destinations of the world by 2025.
All covers have a war exclusion clause. For cargo, shipping, and aviation industries, war schemes are available.
The navy said that so far the 270,000 metric tonnes of crude oil it was carrying had not been affected by the fire.
Since its entry in 2016, Netflix has announced over 60 titles to be sourced from India.
Like on Pegasus, like Covid, there have been no answers from the government about why the situation on the economy and India's future is where it is today, notes Aakar Patel.
Salt-to-software conglomerate Tata group was among "multiple" entities who on Monday put in preliminary bids for buying the government's stake in loss-making carrier Air India.
The world's largest postal service is stepping in to help deliver lifesaving medicines during a countrywide lockdown aimed at tackling the coronavirus pandemic.
'The rail network all across the state of Punjab is presently totally clear for uninterrupted movement of goods trains,' a home department statement said in Chandigarh. However, hours after the Punjab government's statement, the Railways accused it of 'misguiding' people over the extent of blockade of rail tracks in the state by the protesting farmers.
India, World Bank ink $375 mn deal to help develop country's first waterway
All airports and air carriers are being informed to be ready for operations from May 25. SOPs for passenger movement are also being separately issued by the ministry of civil aviation.
The civil aviation sector is witnessing a number of initiatives
The system has gone through three rounds of testing for its load-bearing capacity.
Together with Jet Airways we will have 61 flights to Amsterdam and Paris during the winter season. That also makes us the second largest airline group after Lufthansa, which has 67 weekly flights, and we are catching up to become the first, says KLM CEO Pieter Elbers.
Some movies of 2021 excelled in content but yet, they did not do well.
The Beluga carries complete sections of Airbus aircraft from different production sites to the final assembly lines in Toulouse or Hamburg.
Adani Ports has agreed to acquire DhamraPort in Odisha from Tata Steel and L&T Infrastructure Development Projects (L&T IDPL) for about Rs 5,500 crore.
UK's Cairn Energy Plc plans to bring lawsuits in the US and other countries to pierce the corporate veil between the Indian government and its owned companies such as in oil and gas, shipping, airline and banking sectors, to seize their overseas assets to recover $1.2 billion ordered by an international arbitration tribunal. The firm has moved courts in the US, UK, Canada, France, Singapore, the Netherlands and three other countries to register the December 2020 arbitration tribunal ruling that overturned the Indian government's Rs 10,247 crore demand in back taxes and ordered New Delhi to return $1.2 billion in value of shares it had sold, dividends seized and tax refunds withheld to recover the tax demand. With the government so far refusing to honour the arbitration award and instead choosing to challenge it, Cairn is looking to enforce it by seizing overseas Indian assets, Dennis Hranitzky, head of the sovereign litigation practice at Quinn Emanuel Urquhart & Sullivan, a law firm representing the company, told PTI.
After Air India, Britain's Cairn Energy PLC plans to target assets of state-owned firms and banks in countries from the US to Singapore as it looks to ramp up efforts to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes. A lawyer representing the company said Cairn will bring lawsuits in several countries to make state-owned firms liable to pay the $1.2 billion plus interest and penalties that are due from the Indian government. Last month, Cairn brought a lawsuit in the US District Court for the Southern District of New York pleading that Air India is controlled by the Indian government so much that they are 'alter egos' and the airline should be held liable for the arbitration award.
Currently, India recycles around 300 of the 1,000 ships which are demolished per annum globally. However, countries like Japan, Europe and the US were not sending their ships for recycling to India in the absence of ratification of a global convention. That scenario is set to change with the Recycling of Ships Act, 2019.
Aviation consultancy CAPA on Thursday said allowing domestic airlines to take advance bookings from April 15 is "unfair" to consumers since a decision on lifting the nationwide lockdown is yet to be taken. During the lockdown period only special flights approved by aviation regulator Directorate General of Civil Aviation, medical evacuation flights and those carrying cargo, including medical equipment, to and from different parts of the country are operational.
Sources said the work has already started on this project and the new road will connect Manali with Leh near Nimu where Prime Minister Narendra Modi had recently visited during the ongoing conflict with China.
Banerjee said the state is targeting to shift at least 10 lakh people to safer places in a bid to avoid any loss of life.
A packet, suspected to be carrying explosives, recovered from the cargo section of a Guwahati-New Delhi Spice Jet aircraft, on Saturday created panic and delayed the flight at the LokopriyoGopinathBordoloiInternationalAirport at Borjhar, police said.
How Captain Gopinath's new aviation business crash landed.
The airport would comprise two runways and handle 70 million passengers and 3 million tonnes cargo annually when fully developed.
At the same time, the Cabinet approved reducing government's stake in select PSUs such as IOC to below 51 per cent while continuing to retain management control.
India on Wednesday offered Qatar a 10 per cent stake in Petronet LNG Ltd to get the worlds largest liquefied natural gas exporter to sell 18 more LNG cargoes this year and agree on a long-term supply deal for meeting fuel needs of beleaguered Dabhol power plant.
TV visuals showed the giant crane falling on the ground with a loud thud.
On a full year basis, the airline made a loss of Rs 934.8 crore. The company has incurred a net loss during the current and previous year and, the its current liabilities exceeded its current assets
Pakistan reacted strongly to the seizure by India of a ship carrying equipment used by Pakistan and Bangladesh for UN peacekeeping missions on Sunday.
The ED case has been booked under the Prevention of Money Laundering Act (PMLA) and the agency will record the statement of the accused. The central agency will investigate if proceeds of crime were generated by the accused by laundering of funds that were earned through the alleged gold smuggling racket.
Wall Street brokerage Goldman Sachs has lowered its estimate for India's economic growth to 11.1 per cent in fiscal year to March 31, 2022, as a number of cities and states announced lockdowns of varying intensities to check spread of coronavirus infections. India is suffering the world's worst outbreak of COVID-19 cases, with deaths crossing 2.22 lakh and new cases above 3.5 lakh daily. This has led to demand for imposition of nationwide strict lockdowns to stem the spread of the virus - a move that the Modi government has so far avoided after the economic devastation last year from a similar strategy.
The minister also said a directive was issued on Sunday to airlines, restraining them from doing open bookings since they did not heed to government's advice in the matter
The new Swift has been built on the fifth-generation HEARTECT platform, which improves the hatchback's strength and rigidity while also benefitting its power to weight ratio.
Lured by the fast-growing cargo operations, leading freighter companies have joined the race to enter India in a big way
At present there are 12 major ports in India.
The Railways Minister said gas stoves carried by some passengers blew up when they were preparing breakfast on the speeding train in violation of rules.
Search operations are in full swing for the missing crew members of the Indian vessel Prathibha Cauvery, which ran aground following strong winds due to Cyclone Nilam, which made landfall on the southeast coast on Wednesday evening.