These purchases represent the third phase of Air India's 68-aircraft fleet renewal plan. EXIM Bank had earlier approved $1.2 billion in 2007 and $548.8 million in 2008 to support the financing of NACIL's purchases of Boeing aircraft.
'It could tempt investors to pick stocks that are not fundamentally sound.'
The CBI has sent Letters Rogatory to three countries, including Canada, to gather more information about business and stashing of money by Amit Kumar, alleged kingpin of the multi-crore rupee kidney transplant racket. "We have sent the Letters Rogatory to Canada, Greece and Turkey to get more information about the accused," CBI's special director M L Sharma said.
Air India's fourth Boeing 777-200LR, scheduled for delivery in the second week of December, has not reached the airline. A shortage of commanders for the new generation aircraft will probably delay it further.
In Andhra Pradesh and Telangana, the BJP is looking to fill the Opposition slot and not aspire to occupy pole position.
The Central Bureau of Investigation on Monday questioned former Indian air force Chief S P Tyagi and two others in connection with alleged irregularities in the AgustaWestland helicopter deal.
The list includes Gautam Adani's brother Vinod Adani among others.
Sanjay Kumar Singh suggests key factors investors need to keep an eye on while choosing the direct investment route.
The Central Bureau of Investigation has sought posting of its officers in some of the Indian missions abroad besides cutting down of red-tape involved in sending Letters Rogatory (LR) as measures to expedite cases related to black money.
The trolls on Twitter, the rumour mongers on WhatsApp and the serial abusers on Facebook are the enemies of social media.
The chargesheet names 14 accused, including the Congress leader's son Karti Chidambaram, Peter Mukherjea and Indrani Mukerjea.
In 2014, about 650,000 customers used Emirates' Wi-Fi service on board.
Bankers say outward remittances is confusing but can still be attributed to perception of stability in Indian economy.
The Air India board has cleared a proposal for sending its pilots on deputation to its budget arm, Air India Express, which has been facing shortage of commanders for some time now.
Indians are the biggest non-Arab investors in Dubai's real estate market.
The 16-hour flight will be the first direct one from India to the US west coast.
The LRs are being despatched notwithstanding indications from the Pakistani side that it was not yet ready to receive Indian investigators to carry forward the probe in the January 2 attack that left seven security personnel dead.
RBI recently hiked LRS limit to $125,000 or Rs 7500,000 as on Aug 19 with $/rupee rate of 60
Air India is aiming to improve its financials by pruning loss-making flights, improving fleet use, increasing web sales and selling & leasing back 14 Boeing 787s by March-end, top airline executives said on Monday.
Of the 700-odd Indians having foreign bank accounts, not all can be deemed to be operating these illegally.
As they were not happy with her relationship with Peter's son Rahul.
Education inflation abroad is high and the depreciation of the rupee can also set you back, says Vishal Dhawan
Former Telecom Minister Dayanidhi Maran, his brother Kalanidhi Maran and six others, including four companies, were on Friday chargesheeted by the CBI in a special court in the Aircel-Maxis deal case arising out of the investigation in the 2G spectrum allocation scam.
National Investigation Agency on Friday told a special court that suspected Indian Mujahideen terrorists Tehsin Akhtar and Zia-Ur-Rahman are "still conspiring" to carry out terror strikes at various prominent places in India, especially the national capital, with the aid of Pakistan-based handlers.
Those taking up a job abroad should notify their bank about the change in status and open appropriate NRI accounts
Dubai, Singapore, London are the top overseas markets for Indians
The Reserve Bank left interest rate unchanged.
The limit under the Liberalized Remittance Scheme (that was earlier $200,000 and now brought down to $75,000) is applicable per person per financial year.
Government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action against all "unlawful" accounts held abroad.
Do not declare them under Income Tax.
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