New Delhi: The first Airbus C295 aircraft for India has successfully completed its maiden flight in Spanish city of Seville, in a significant milestone towards its delivery by the second half of this year. In September 2021, India sealed a nearly Rs 21,000 crore deal with Airbus Defence and Space to procure 56 C-295 transport aircraft…
New Delhi: Sales of luxury residential properties — each priced Rs 4 crore and above — jumped 2.5 times to 4,000 units in January-March this year across 7 cities on strong demand for large apartments with better amenities, according to CBRE. In its report, real estate consultant CBRE said the sales of luxury homes stood…
New Delhi: State-owned NLC India Ltd on Monday said its board has approved raising up to Rs 5,000 crore through issuance of debentures in the ongoing financial year. The company’s board has also approved a proposal for incorporation of a wholly-owned subsidiary company to take over the existing renewable assets. “The board of directors approved the…
New Delhi: High-powered Financial Stability and Development Council (FSDC) headed by Finance Minister Nirmala Sitharaman on Monday underlined the need of launching a drive to help people get their unclaimed deposits in banks and other financial institutions. Briefing reporters about the discussions in the meeting, Economic Affairs Secretary Ajay Seth also said there is no spillover…
Lucknow:The Lucknow airport on Sunday said it has set up a virtual room to ensure faster clearance of passengers’ hand baggage, bypassing the requirement of travellers’ physical presence to verify any restricted items. The audio-video communication system has been installed at the Chaudhary Charan Singh International Airport near gate number 1 of in the security…
New Delhi, May 7 (PTI) Amid unrest in parts of Manipur, Airports Authority of India (AAI) has taken various measures to help air passengers while airlines have waived rescheduling and cancellation charges for flights to and from the capital city of Imphal. Curfew was relaxed on Sunday in parts of Manipur which saw ethnic rioting…
Kolkata: Amid the buzz of ‘green economy’, the Geological Survey of India (GSI) is intensifying its exploration exercises for critical minerals, like lithium, nickel, cobalt and rare earth elements, with “one-third” of such projects being dedicated to the search of these resources, a top official said on Sunday. These critical minerals are key to clean…
New Delhi: Barista, India’s second-largest integrated coffee house, is planning to expand its footprint beyond metro cities in the country. Despite the growing competition from international chains and local startups, the coffee chain’s CEO, Rajat Agarwal, believes that there is still a “large level of catch-up” that new players have to do, as Barista already…
New Delhi: A group representing Arunachal Pradesh-Goa-Mizoram and Union Territory (AGMUT) cadre civil services officers has expressed “deep concern and anguish” over the release of former MP Anand Mohan, convicted for killing an IAS officer, following a change in the Bihar government’s prison manual. This tantamounts to a “denial of justice” to G Krishnaiah, who…
New Delhi: The Election Commission has issued a notice to the Karnataka Congress over its “corruption rate card” advertisements published in newspapers targeting the BJP and sought “empirical” evidence to prove its allegations by Sunday evening. The notice was issued on Saturday following a complaint lodged by the BJP. Ahead of the May 10 assembly polls…
