With the decision, air passengers flying out from the Delhi airport would have to shell out up to Rs 50 as airlines are expected to pass on the X-ray baggage charges.
In a statement, the airline said a resolution plan that contemplates various options, including a proportion of equity infusion by various stakeholders and the consequent change in the company's board, is being worked out.
This penalty has been imposed taking into account the failure of the bank to adhere to directions issued by the RBI, the central bank said in a statement.
"Cabinet approves recapitalisation of Export-Import Bank of India (Exim Bank) to the tune of Rs 6,000 crore and increase its authorised capital from Rs 10,000 crore to Rs 20,000 crore," he said.
Jet Airways has been roiled by financial difficulties, racking up a pile of dues to pilots, lessors and vendors, at a time when intense pricing competition, a weak rupee and rising fuel costs are weighing on the broader airline sector in the country.
In the morning session Wednesday, the biggest gainers in the Sensex pack were IndusInd Bank, NTPC, SBI, Reliance Industries, ICICI Bank, Vedanta, Axis Bank, Tata Steel, PowerGrid, ONGC and Infosys, rising up to 1.35 per cent.
On Tuesday, a Tokyo court denied Carlos Ghosn's request for release on bail, raising the possibility that he may remain in custody for months before his trial begins.
Negative comments that Indra Nooyi made after the 2016 US Presidential election, during which she did not publicly endorse any candidate, are seen as a potential roadblock to her nomination.
Over the last four years the Centre has completed major reforms in the MGNREGA to transform it into a resource for sustainable livelihoods for the poor, the Union Rural Development Ministry said.
Human Resources Development Minister Prakash Javadekar said that jobs have been created, adding that people who do not work out of choice cannot be considered ‘unemployed’.
Exports rose only marginally to $27.93 billion in December, against $27.83 billion a year before, as a contraction in outbound shipments of products offset a decent increase in those of petroleum products, chemicals and electronics.