In March, IndiGo had asked its pilots to not ascend A320neo aircraft over 30,000 feet to manage the strain on the faulty engines, but revoked this altitude restriction earlier this month.
Any deviation from fiscal and monetary prudence not likely to go down well with investors
The ministry said that no official had sought meeting in their "personal capacity" with the MPC members prior to the June review of the monetary. However, a meeting was sought to exchange views on macroeconomic situation in the country, it said in the reply.
Naqvi said 'Hunar Haat' would soon be held in Bangalore, Hyderabad, Lucknow, Allahabad, Ranchi, Guwahati, Jaipur and Bhopal
"Today 95 mobile manufacturing factories have come in India and India is becoming a big hub of electronics and mobile manufacturing. 32 have come in Noida and Greater Noida," Prasad said at Capital Foundation Annual Lecture
Essar Ports, which delisted in late 2015, will close 2017-18 with a pre-tax profit of about Rs 1,000 crore and is targeting to take it up to Rs 1,300 crore with the commissioning of new facilities, he said.
More than 625,000 people have since signed a "Save Your Uber in London" petition calling on the mayor of London Sadiq Khan to reverse the decision as the company prepares to appeal against the decision.
After the media reported the grounding of nine planes, the airline issued a statement saying, "We have faced some issues with the neo engine, causing operational disruptions. Both Pratt & Whitney and Airbus are working to address the issues."
MSI's new Dzire, which was launched in May this year, clocked sales of 26,140 units in August ahead of 21,521 units sold for Alto. Alto has been the undisputed best selling model in India for over a decade.
As many as 49.68 lakh returns in GSTR-3B were filed for July. This compares to 59.6 lakh businesses who are required to file returns. Taxes of over Rs 95,000 crore were collected in the maiden month of roll-out.
Chief Economic Advisor Arvind Subramanian has been tasked with preparing details of the pressure points facing the economy and the probable remedies
The company's arm Ford Smart Mobility LLC will initiate a pilot project of its smart shuttle services involving its employees in Chennai by the end of this year.
Seeking greater economic cooperation with South Korea a joint panel has been set up to identify areas of high-end technological components to boost trade and investments between the two countries.
The government is planning to set up five scrap-based steel plants within a year, at an investment of Rs 500 crore, to ensure that a chunk of the country's targeted steel output is met.
Spelling out the eligibility criteria, Sebi said the applicant should have been in operation for at least five years and should have registered profit for at least three years during the last five financial years.
Besides conducting joint marketing efforts and promotion activities, Amazon experience centres will be set up in 80 Shoppers Stop stores across the country to bring in the touch and feel aspect on Amazon.in's assortment.
The decision comes in the wake of RBI ordering banks to make higher provisioning for the standard assets of the telecom sector and keep a close watch on it.
It is learnt that the finance minister has approved his extension and a formal release regarding the same will be issued closer to the time when his first term comes to an end next month.
The official added that the pickup in inflation, as seen for last month, has been taken into account in their analysis while suggesting a rate cut.
In its last policy review in August, the RBI reduced the repo rate by 0.25 per cent to 6 per cent in August, citing reduction in inflation risks. The rate cut was the first in 10 months and brought policy rates to a near 7-year low.
The one-year extension of Arvind Subramanian as CEA comes at a time when the government is working on measures to support economic growth, after GDP growth fell to 5.7 per cent in April-June – the lowest in at least five quarters.
Arvind Subramanian has, over the last three years, brought new ideas in public discourse such as the JAM--Jan Dhan, Aadhaar and Mobile--trinity. He was closely involved in drafting the Goods and Services Tax Act and had also authored the 'Report on the Revenue Neutral Rate and Structure of Rates for the GST' in December 2015.
The Fund, which aims to invest in local venture capital funds that would, in turn, back seed-stage and early-stage companies, has made commitments to 62 start-ups.
Earlier this week, seven men posing as Income Tax officers had entered a businessman’s house in Malviya Nagar to conduct a search. They searched the house and collected Rs 20 lakh in cars.
The Confederation of Indian Industry (CII) said that a cut in interest rates would encourage domestic demand in sectors such as affordable housing, consumer durables and construction.
“I don’t think there is a need for panic. There’s a need for analysis and for responsive action to this and we are fully prepared for this,” he said.
In the April-June quarter of 2017-18, non-performing assets (NPAs) of a sample of 38 banks rose by 34.2 per cent on a year-on-year basis. Also the NPA ratio increased to 10.21 per cent (Rs 8,29,338 crore) in June 2017.
The lower-than-expected GDP growth followed large-scale destocking undertaken by manufacturers ahead of the goods and services tax rollout and the lingering impact of demonetisation.
The rupee — which plummeted by a whopping 53 paise to end at 64.80 a dollar on Thursday — dropped by 31 paise to a four-month low level of 65.12 intra-day trading against the US dollar before closing at 64.79/80 on Friday.
Shares of Reliance Capital closed Friday’s session 7.83 per cent lower at Rs 661.55 per share on BSE. However, the stock’s return over three months is 26.05 per cent.
Over 46 lakh businesses have paid taxes to the tune of Rs 95,000 crore for July under GST. However, businesses also claimed transitional credit worth Rs 65,000 crore.
When asked about the NDTV deal on Thursday, a SpiceJet official said “it’s absolutely false and baseless.” Messages and emails sent to NDTV officials did not elicit any response.
Currently, the limit for investment by FPIs in corporate bonds is `2,44,323 cr
The qualified institutional buyers (QIBs) portion was oversubscribed 12.56 times, non-institutional investors
“In Irdai we have things like 150 per cent of solvency margins irrespective of numbers etc, we are trying to move towards risk-based capital model,” said Vijayan.
Region-wise analysis of the data shows that the highest number of units registered are in Thane Municipal Corporation and Thane District (59,516 units registered).