India has right vision for aviation industry; need to be cautious about high taxes: IATA

Istanbul: India has the right vision and well-timed strategy for the aviation sector, especially with good economic growth and high population, but it should also be ensured that the positive impact is not curtailed by too many taxes, according to IATA. Marie Owens Thomsen, the Chief Economist at the International Air Transport Association (IATA), also said…

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Ashmita, Ravi win Maldives International Challenge

New Delhi:  Indian shuttlers Ashmita Chaliha and Ravi clinched the women’s and men’s singles titles respectively with contrasting victories at the Maldives International Challenge in Male. Third seed Ashmita came from a game down to eke out a 19-21, 21-17, 21-11 win over compatriot Tasnim Mir in an all-Indian women’s final on Saturday. This is…

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Gold jumps Rs 440; silver rallies Rs 1,050

New Delhi: Gold jumps Rs 440 to Rs 60,820 per 10 grams in the national capital on Friday amid strong global trends, according to HDFC Securities. In the previous trade, the precious metal had ended at Rs 60,380 per 10 grams. Silver also zoomed Rs 1,050 to Rs 74,350 per kilogramme. “Gold prices edged higher in…

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ED arrests M3M group director in money laundering case

New Delhi: The Enforcement Directorate (ED) has arrested a director of Gurugram-based realty company M3M in a money laundering investigation, official sources said Friday. Roop Kumar Bansal was taken into custody under the Prevention of Money Laundering Act (PMLA) on Thursday, they said. On June 1, the federal probe agency carried out raids against the M3M…

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