'The Bush doctrine has since provided the intellectual framework for war in Afghanistan and later in Iraq. It has since legitimised rhetoric like 'axis of evil' when describing North Korea and Iran. It has since been called the clearest manifestation of America's irrational turn to unilateralism over international cooperation.'
India already allows 100 per cent ownership of greenfield pharma businesses.
The airline will be inducting large number of A321s this year which will be largely used on international routes and high density domestic routes.
A Russian fund submitted its interest to the resolution professional on February 14 and also hired a consultancy firm to help them with the bidding process.
The main sectors that receive the maximum foreign inflows include services, computer software and hardware, telecommunications, trading, construction, automobile, and power.
The UK high commission said more than 600 pieces of vital medical equipment will be sent to India to support the country in its fight against COVID-19.
Taliban militants on Tuesday attacked a training camp of the Airport Security Force near Karachi international airport in Karachi, but fled after Pakistani forces repulsed the assault, a day after an all-night siege at the facility left nearly 40 people dead.
Sports bodies moved quickly to strip Russia of events,
Air India, which is operating flights to evacuate Indians stranded in foreign countries, have asked its pilots to undertake coronavirus test before they operate such flights.
Kalanithi Maran, the former promoter of Spicejet, has moved the Delhi High Court against the airline.
The US on Monday announced a new international travel system under which fully vaccinated individuals would be allowed to enter the country beginning in November.
Vistara and AirAsia India have been lobbying for the relaxation of this rule.
After a better-than-expected Dussehra weekend, hospitality firms are hopeful of ending the year on a positive note by doing good business over Christmas and the New Year. Typically, year-end bookings kick in two to four weeks before the season begins. Owing to pandemic-related uncertainties, hotels are seeing a significant reduction in the booking window, with travellers waiting till the last minute to make hotel reservations.
Of 1,400 pilots the airline has, 200 have quit in the past few months because of salary delays.
China has blocked a proposal by the US and India at the United Nations to blacklist Abdul Rauf Azhar, the brother of Jaish-e Mohammed (JeM) chief Masood Azhar and the deputy chief of the Pakistan-based terror group, in the second such move by Beijing in less than two months.
"We humbly request to you to alleviate some of the hardships that we and engineers have been facing, by ensuring that the new Jet management does not further delay our pending salaries dues at the earliest," NAG general secretary Tej Sood said in an e-mail to SBI chairman Rajnish Kumar.
"The central government had rescued other businesses by re-structuring debts to the tune of Rs 30,000-40,000 crore. Compared to this, the amount (debt) of Jet Airways was much smaller. Moreover there was a resolution (accepted) by the lenders to save jobs and to save the airline," Sharma said.
The collapse of Jet Airways has everything to do with the falling number of wide-bodied aircraft.
While Jet founder Naresh Goyal said he was willing to infuse Rs 700 crore and also pledge all his shares in the company provided he can have at least 25 per cent stake, the airline's foreign partner Etihad Airways insists he must not keep more than a 22 per cent stake.
The loss-making airline has already started using food items stocked from India during its onward journey to Stockholm, Copenhagen, Birmingham and Madrid, and use them when returning. It has said food items purchased from these foreign cities are much more expensive when compared to Indian cities.
Among the other conditions of the Hinduja group for picking up a stake in Jet is that bankers must take a haircut of 80 per cent and that they should help negotiate with operational creditors like aircraft lessors for moratorium on certain immediate payments.
Airline told to transfer non-core assets, subsidiaries to special purpose vehicle
In the aviation sector, 100 per cent FDI is allowed under automatic route for MRO (maintenance, repair, overhaul), ground handling, and aircraft purchase.
This is the largest single dose of equity infusion into the joint venture since its launch in January 2015.
Thousands of travellers suffer flight cancellations, delays and soaring ticket prices due to Pakistan's decision to close its airspace for flights to and from India.
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.
Foreign tourists are postponing their India holiday and there have been some cancellations as well, with trips to the North-East seeing the most adverse impact.
Al Qaeda's reclusive chief Ayman al-Zawahiri, who played a central role in the 9/11 terror attacks and later created the group's regional affiliate in the Indian subcontinent, was killed in a US drone strike in Afghanistan's Kabul, in the biggest blow to the global terror network since killing of its founder Osama bin Laden in 2011 in Pakistan.
SpiceJet had bet its fortunes heavily on the new version of the 737 of which it has 13 planes in its fleet and another 193 aircraft on order
The presence of the private sector at a prestigious military training institution is an important acknowledgement of its growing capabilities in designing and manufacturing cutting edge aerospace and defence equipment, reports Ajai Shukla.
Domestic air passenger traffic was back to the growth trajectory in June amid the falling number of COVID-19 cases in the country with around three million passengers flying on local routes in the previous month as against around two million in May, a report said on Tuesday. Though there is some recovery observed in June, stress on demand continues, driven largely by the second wave of the pandemic, limiting travel to only necessary travel, credit rating agency ICRA said in its report. On a sequential basis, domestic passenger traffic was up 41-42 per cent in June over May.
The policy has been finalised after nearly eight months since the Ministry came out with the revised draft in October 2015.
Air India had stopped the practice of issuing tickets on credit to government agencies for the travel of their officials in December last year because of accruing pending bills.
Over 600 people including more than 130 university students and an old French couple were taken to safety on Friday by a coordinated team of defence and NDRF personnel.
'The government has assured us support.' 'The civil aviation ministry have told us that whatever we need, we will get prime airport slots and bilateral rights.'
The Wadia group-owned airline is building a new management team and putting in place strategies for efficient operations. Leading the change is Cornelis Vrieswijk, the airline's new chief executive officer.
On Monday, the ministry withdrew foreign traffic rights it had granted to Kingfisher Airlines.
The Indian government has asked a federal court in Washington to dismiss Britain's Cairn Energy suit seeking enforcement of a $1.2 billion arbitral award, saying it had sovereign immunity under US law. Cairn had in May asked a US federal court to force Air India to pay a $1.26 billion arbitration award the firm had won in December. The government on August 13 filed a 'Motion to Dismiss' petition in the US District Court for the District of Colombia, saying it lacked subject matter jurisdiction in the dispute between Cairn and the Indian tax authority, according to a filing seen by PTI.
To avoid season pricing, keep a close eye on the calendar and begin planning travel at least 60 to 90 days in advance keeping tentative dates in mind.
To become a type-rated pilot, a person has to take additional training.
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