According to a calculation by the government, India's airlines currently have 633 aircraft of which they may operate only 200.
Global gold demand hit an 11-year low in 2020 at 3,759.6 tonnes, mainly due to a weak October-December quarter and the COVID-19 related disruptions across the world driving a muted consumer sentiment throughout the year, the World Gold Council (WGC) said in a report. The overall consumer demand during 2019 was at 4,386.4 tonnes, while in 2009 the overall demand was at 3,385.8 tonnes, according the WGC's 2020 Gold Demand Trends report. Global gold demand dropped by 28 per cent year-on-year (YoY) to 783.4 tonnes in the fourth quarter compared to 1,082.9 tonnes during the October-December period of 2019, the report stated.
For financial sector companies setting up shop in India, as of now the go-to regulators are obviously Sebi and the RBI with carve-outs for IRDAI or possibly PFRDA. But this could change soon with the International Financial Services Centres Authority, observes Subhomoy Bhattacharjee.
Sebi keen to attract larger number of retail investors
With real estate valuations falling and other deals coming unstuck, the current management's improved target faces significant challenges.
Contract finally given for Rs 2,400-cr project, with GIFT City-like features
On the occasion of the National Stock Exchange's (NSE's) silver jubilee celebration, its MD and CEO Vikram Limaye, bottom, left, spoke to Somesh Jha to discuss the way forward and how the exchange plans to deal with the present set of issues.
Tottenham moved up to seventh place with 36 points from 22 games
Champions Manchester City have won their last 10 home league matches scoring a total of 36 goals.
Revenue foregone on account of corporation tax exemptions is estimated to grow by 16 per cent in 2018-19 (FY19) versus 8.7 per cent in the previous year and 12 per cent in 2016-17, show the Budget documents.
Percy Mistry says things at market regulator Sebi are also in bad shape.
Inter-ministerial programmes have run into obstacles as rules written by bureaucrats hamper rather than promote investments.
Pranay Bhatia offers insights on some key issues from Nirmala Sitharaman's maiden Budget.
BSE proposes two models for making gold trading and investment transparent
BSE is world's largest exchange in terms of listed companies and figures among top 10 globally on various other parameters.
'The fact that housing units worth a whopping Rs 4.5 lakh crore in top seven cities are stuck under various stages of non-completion indicates that there is a dire need to create stress-asset fund which will help bail out lakhs of distressed homebuyers,' says Anuj Puri, Chairman, Anarock Property Consultants, a real estate services company.
Manchester City displayed champions' swagger as they roared clear at the top with a 5-0 trouncing of Burnley but it was drama which engulfed their neighbours Manchester United and Jose Mourinho that dominated the Premier League agenda on Saturday.
A policy-related problem that urgently needs to be redressed is the 'miniaturisation' of projects.
GIFT is a financial centre almost entirely devoid of bankers and, indeed, of people.
The Street is never short of hope and events to look forward to
Smart cities can provide more safety, better management of traffic congestion, a low-carbon environment and better services.
Real estate sector cheers reforms in the Budget.