Bhopal: More than 150 passengers of a Mumbai-bound IndiGo flight from the city survived a scare on Monday evening when the pilot aborted take-off last minute at the Raja Bhoj airport in Bhopal due to some trouble with the aircraft’s wheels, an official said. An IndiGo airline executive confirmed the incident and said all the […]
Category: The Asian Age
Asianage
Oil prices rise amid expectations that US Fed will cut rates
Tokyo: Oil prices rose for a fourth day on Tuesday on optimism the US Federal Reserve will this week cut interest rates for the first time in more than ten years, which should support economic and fuel demand growth in the world’s biggest oil user. Brent crude rose 33 cents, or 0.5 per cent, to […]
Payment security mechanism to induce discipline, but may stretch discom financials: CRISIL
New Delhi: The power generating companies (gencos) may gain from new payment security mechanism but its compliance would hurt discoms, consumer and states, said CRISIL Research in a report. The Union power ministry has made it mandatory for discoms to open and maintain sufficient letters of credit (LC) as a payment-security mechanism under power purchase […]
Six-month-old baby dies onboard Delhi-bound flight
New Delhi: A six-month-old baby died on-board a Delhi-bound SpiceJet flight, police said on Thursday. The deceased was identified as Rachita Kumari, a native of Begusarai. Deputy Commissioner of Police (DCP), IGI Airport Sanjay Bhatia said the child was suffering from heart disease and was being brought to Delhi for treatment. “A six-month-old baby died […]
Assocham seeks inclusion of petroleum products in GST
New Delhi: Industry body Assocham on Thursday sought inclusion of petroleum products in GST and subsuming of some local and state taxes like stamp duty. “The two-year period for keeping petroleum products outside GST is almost over. Also, these products being outside GST lead to increase in cost for businesses. Therefore, these products should be […]
GST Council meet to decide on slashing tax rate for e-vehicles postponed
New Delhi: The meeting of the GST Council on Thursday, which was to decide on cutting tax rates on electric vehicles, has been postponed as Finance Minister Nirmala Sitharaman was pre-occupied in Parliament, officials said. The 36th GST Council meeting, which was to be held through video conferencing, had only one item in the agenda […]
4 feared dead, 9 injured in landslide at coal mine in Odisha
Bhubaneshwar: Four workers are feared dead and nine have been injured in a landslide at a Coal India Ltd mine in Odisha, a company spokesman said on Wednesday. India is one of the most dangerous countries to be a coal miner, with one worker dying every seven days on average in 2018 in mines operated […]
Crude oil up 0.28 per cent on upbeat global cues
New Delhi: Crude oil prices rose 0.28 per cent to Rs 3,905 per barrel in futures trade Tuesday as speculators raised their exposure, tracking a rebound in global markets. On the Multi Commodity Exchange, crude contracts for August delivery went up by Rs 11, or 0.28 per cent, to Rs 3,905 per barrel in a […]
RIL shares gain 2.5 pc; m-cap rises by Rs 19,974 cr after Q1 earnings
New Delhi: Shares of Reliance Industries Ltd (RIL) gained 2.5 per cent on Monday after the company posted 6.8 per cent rise in June quarter net profit. The scrip rose 2.52 per cent to close at Rs 1,280.50 on the BSE on Monday. During the day, it jumped 2.84 per cent to Rs 1,284.55. At […]
Over Rs 1100 cr spent on fencing on Indo-Bangladesh Border
New Delhi: A total amount of Rs 1138.48 crore have been spent in fencing the International Border between India and Bangladesh during the last five years, the government informed the Lok Sabha on Tuesday. The total length of the International Border is 4096.70 km. So far, fencing has been completed for 2803 km and the […]
Air India pilot grounded for three months after failing alcohol test
New Delhi: An Air India pilot has been grounded for three months after he tested positive in a pre-flight breath analyser (BA) test here on Saturday. The pilot wanted to fly as a passenger from Delhi to Bengaluru. Since the flight was full, he requested to fly in the cockpit as an additional crew member. […]
Closed since Balakot strike, Pakistan reopens airspace for all civilian traffic
New Delhi: For the first time since February’s Balakot strike, Pakistan on Tuesday opened its airspace for all civilian traffic, as per the Pakistan Civil Aviation Authority. “With immediate effect, Pakistan airspace is open for all type of civilian traffic on published ATS routes,” read a notice to airmen (NOTAM) issued by the authority. The […]