Budget passenger carrier IndiGo on Saturday said that it flew 900 flights on April 7, 2017, setting the record for operating the highest number of flights ever by an Indian airline in the history of Indian civil aviation sector. "We at IndiGo are thrilled on having flown 900 daily flights for the first time yesterday. Now the team is excited to reach the 1000 flight milestone,"
A draft legislation to amend the Motor Vehicles Act to impose higher penalties for traffic rule violations and to protect Good Samaritans from legal harassment was taken up by the Lok Sabha on Friday.
The bill proposes hefty penalties for various traffic offences, three-year jail term for parents of minors caught driving and causing fatal accidents, and a ten-fold increase in compensa
The process of urbanisation has ended in the US and Europe, while India will see a huge upsurge in urbanisation, says Amitabh Kant, CEO, NITI Aayog (National Institution for Transforming India).
During a session at The Taj Luxury Symposium 2017 here on Friday, Kant said luxury brands like BMW and Mercedes are doing well in the country.
Talking about digital platforms transfo
The Railways earned Rs 228 crore more by charging full adult fare from children in the reserved class in the fiscal 2016-17, Rajya Sabha was told today. Railways earned total Rs 914 crore from child passengers between April 21, 2016 and March 20, 2017 as against Rs 686 crore during the same period the previous year. Children, between 5 and 12 years of age, for whom berth is sought at the time o
To make broadband a core utility to citizens, the Telecom Regulatory Authority of India (TRAI) has recommended to the Government of India to implement BharatNet in the PPP mode to connect 2,50,000 gram panchayats across the country. The telecom authority has also been suggested that the digitized TV framework which has come up in the country in a big way should be upgraded to provide broadband
For taking up various national highway projects, particularly involving connectivity with neighbouring countries, loan funds from Asian Development Bank (ADB), Japan International Cooperation Agency (JICA) and other multilateral agencies is arranged as per standard borrowing terms of Government of India, says the minister of state for road transport and highways Pon. Radhakrishnan in written re
544 Urban Local Bodies (ULBs) have entered into an implementation agreement with Energy Efficiency Services Limited (EESL) for replacement of street lights with LED street lights till April 03, 2017, says Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy and Mines in a written reply to a question in the Lok Sabha. The minister further stated that the target is
In a bid to prepare the modalities for allocation of coal mines through auction for sale of coal by private companies, a discussion paper containing proposed eligibility conditions and proposed methodology has been prepared in the first instance to consult the stake holders, says Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy and Mines in a written reply to
Trai Chairman R S Sharma said the telecom regulator has advised Reliance Jio to stop 'complimentary' service offer as it was not in accordance with the regulatory framework, reported PTI. "We examined it and found that it was not in accordance with regulatory framework, so we advised them to stop it," Telecom Regulatory Authority of India (Trai) Chairman R S sharma told PTI.
India topped the global charts in domestic air passenger growth for the 23rd straight month in February, helped by strong demand and increased load factor, IATA said as per the PTI report. In February, the country's growth in revenue passenger kilometres (RPK) stood at 17 per cent. Globally, RPK -- an indicator of passenger growth -- declined to 4.8 per cent during the same period. Load fac
Global merger and acquisition activity got off to a good start this year with deals worth USD 678.5 billion announced in the first quarter, a rise of 8.9 per cent over last year, says a Mergermarket report. According to the global deal tracking firm, there were 3,554 deals worth USD 678.5 billion announced in January-March quarter of this year, while in the corresponding period last year there
The Competition Commission has approved three deals, including Jabil India's proposed acquisition of Ericsson India's electronic manufacturing services business. In a tweet, the CCI said it has approved the "acquisition of Ericsson India's electronic manufacturing services business by Jabil India". As per the notice submitted to the regulator, Jabil India will acquire Eric
India topped the global charts in domestic air passenger growth for the 23rd straight month in February, helped by strong demand and increased load factor, IATA said. In February, the countrys growth in revenue passenger kilometres (RPK) stood at 17 per cent. Globally, RPK -- an indicator of passenger growth -- declined to 4.8 per cent during the same period.
Load factor refers to occ
The electricity generation from nuclear power in the last two years i.e. 2014-15 and 2015-16 was 37835 Million Units (MUs) and 37456 MUs respectively. The generation in 2014-15 comprised of 35592 MU of commercial generation and 2243 MU of infirm (non-commercial) generation, while the entire generation in 2015-16 was commercial, says Jitendra Singh in a written reply to a question in Rajya Sabha
The Reserve Bank will release by this month end detailed guidelines on "banking outlet", aimed at covering the under-served areas, reported PTI. These will supersede the branch licensing guidelines in force, RBI said in its first bi-monthly monetary policy of 2017-18. "Final guidelines are proposed to be issued on banking outlets, clarifying on what is a 'banking outlet'
Ahead of Prime Minister Narendra Modi's expected visit later this year, Israel on Thursday said it had eased visa policy for Indian businessmen travelling to that country, allowing them multiple entry business visas that will be valid for five years.
An embassy statement quoting Ambassador Daniel Carmon here said the initiative was "part of the growing partnership between Ind
The Steel Authority of India Ltd (SAIL) has charted out a "strategic sales initiative" to boost the company's performance in 2017-18, an official said on Thursday.
SAIL achieved 12 per cent growth in saleable steel production and sales of over 13 million tonnes during 2016-17.
The company's Chairman P.K. Singh, at a meeting held at its marketing headquarter
The union cabinet has approved the Memorandum of Understanding between India and Bangladesh on passenger cruise services on the coastal and protocol routes, as per the government release.
The motive behind the agreement was to start regular movement of passengers and tourists in water crafts between the two countries. In a statement, the government said that, “The union cabinet
India's domestic passenger traffic grew by 17 per cent in February, a global airline association said on Thursday.
"India topped the domestic chart for the 23rd month in a row," the International Air Transport Association (IATA) said in its global passenger traffic data.
India's domestic revenue passenger kilometres (RPK) and available seat kilometres (ASK)
The Agriculture Ministry and the National Remote Sensing Centre in Andhra Pradesh on Thursday signed a Memorandum of Understanding (MoU) here for geo-tagging of agricultural land.
Union Agriculture Minister Radha Mohan Singh told the media here that the move will help bring about transparency in governance due to real-time monitoring and utilisation of agricultural assets.
The government has managed to cross another milestone by electrifying over 13,000 villages so far out of the 18,452 unelectrified ones. "The Ministry of Power has achieved a remarkable milestone of electrifying more than 13,000 villages out of the 18,452 unelectrified villages," the Rural Electrification Corporation said in a statement. According to the statement, as on April 6, a tot
The FMCG industry has emerged as the highest paying industry in India with an average annual cost to company (CTC) of Rs 11.3 lakh across all levels and functions, says a survey. A robust demand for qualified personnel in sales, marketing and supply chain management roles coupled with close to 30 per cent of jobs being posted in over 10 lakh category is being seen as the primary driver for FMCG
Ministry of communications & information technology has said that Department of Telecommunications (DoT) has been taking various initiatives to address the problem of call drops in mobile networks. The Telecom Service Providers (TSPs) have installed about 2,12,917 additional BTSs (Base Transceiver Stations) across the country during the period from June 2016 to February 2017. “From th
The union cabinet has approved the Memorandum of Understanding between India and Bangladesh on co-operation in mass media, said the government. The government said in a statement that, “The union cabinet chaired by the Prime Minister Narendra Modi has approved the MoU on cooperation in the field of mass media between India and Bangladesh.”
Further, the main areas of cooper
The Union Cabinet has given its nod for supporting the Belmont Forum Secretariat, a high-level group of the world’s major funders of global environmental research and international science councils. In the Cabinet meeting, chaired by Prime Minister Narendra Modi, an approval was given for signing of the Collaborative Agreement with French National Research Agency (ANR), France for support