Air India Express, the no frills airline that is part of the Air India family, was the only one to make money in the financial year gone by, while others lost between 3 paise to 2.88 rupees for every kilometer that their passengers traveled during the year. As expected, the biggest loser among the big […]
ICICI Bank, one of India’s top three lenders, has emerged as the No.1 target of bank fraudsters last year in terms of the sheer number of such incidents, overtaking bigger rival State Bank of India. ICICI Bank reported 374 medium and large sized incidents of fraud, beating back SBI, which came in with 338 such […]
Finance ministry on Thursday gave detailed numbers to detail the efforts that the Narendra Modi government has been making to overcome the problems created by corruption and bad loans in India’s public sector banks. Finance Minister Nirmala Seetharaman pointed out that a review in 2015 found that a huge chunk of loans issued in previous […]
‘How to get a job’ may be the most pressing question for youngsters in India today, and going by PMKVY data, the best courses for getting a job today are electronics and hardware, apparel, retail, telecom and logistics. This insight is based on the placement and salary data collected by National Skill Development Corporation, the […]
Bharatiya Janaushadhi Pariyojana (BJP) will increase the number of medicines supplied via its outlets to 738 in the next two months, minister Sadananda Gowda said. At present, the scheme has only been able to source and supply only 713 medicines out of a targeted 900 due to a lack of interest among suppliers. Bharatiya Janaushadhi […]
TVS Motor Co has launched a unique bike that could play a part in reducing India’s dependence on oil imports — a two-wheeler that runs on ethanol produced from plants instead of petrol. The TVS Apache RTR 200 Fi E100 has been priced at Rs 1.2 lakhs ex-showroom, and will be available in Maharashtra, Uttar […]
The new TV tariff system introduced by TRAI, which gives channel owners the full power to price their channels, does not seem to have hurt the earnings of cable networks as much as feared. It was feared that because the pricing power over channels was taken away from distributors like cable and DTH operators and […]
Ministry of Civil Aviation, India said US airplane manufacturer Boeing is yet to submit a solution to enable its 737 Max aircraft to take to the skies again, and that the grounded aircraft will remain so until a certified fix is provided. A total of 18 Boeing 737 Max aircraft, comprising 13 of SpiceJet and […]
Haryana, home to Gurgaon — the prosperous suburb of Delhi — has emerged as the unlikely champion of e-commerce in India, beating back heavyweights such as Mumbai, Bangalore and Delhi. According to tax numbers — which reflect all e-commerce transactions for which payment is made online — Haryana accounted for a whopping 19.29% of all […]
Jindal Steel & Power Limited reported a 17% year-on-year jump in its steel output for the three months from April to June, 2109. This compares to a 20% jump seen in the previous quarter. JSPL produced 1.57 million tons of steel and steel products during the quarter, slightly higher than the 1.51 millon tons reported […]
A group of 105 people from Delhi are likely to have left for Australia in a fishing boat from Munambam harbor near Kochi in January, according to new information released by the Ministry of Home Affairs. Though the ministry did not confirm the destination of the suspected illegal emigrants, it put the number of people […]
Maruti Suzuki, the country’s largest auto maker, has reported a 26% month-on-month fall in the production of passenger vehicles for the month of June, 2019. Compared to the same month of last year, the decline was 16.3%. The company reported total passenger vehicle production of 109,641 for June 2019, compared to 148,095 vehicles produced in […]
The civil aviation ministry said airfare levels in India have largely returned to normal, after a spike seen immediately after the shut down of operations of Jet Airways in April. The ministry also said that no airline was observed to have charged outside the declared fare brackets in the aftermath of the closure of operations […]
The Central government can no longer find two centrally protected monuments in Delhi, junior tourism minister Prahland Singh Patel said in parliament today. There are 174 monuments/sites that enjoy protection from the central government in Delhi. These have been declared as monument of national importance in the Delhi under Ancient Monuments and Archaeological Sites and […]
Union Health Ministry today announced that 18 out of 141 bats that were tested for Nipah Virus following last months’ outbreak in Kerala tested positive for the presence of Nipah virus as well as for relevant antibodies. About ten days ago, the ministry had said that the National Institute of Virology at Pune had found […]
A total of 63,959 people have been declared as foreigners through ex-parte proceedings by Foreigners’ Tribunals in Assam as of February this year, minister of state for home affairs said today. Ex-parte proceedings refer to those cases where the person does not turn up to contest the initial finding, and is therefore declared as a […]
The Government of India and Indian Navy have decided to tear down INS Virat, the world’s oldest serving aircraft carrier that carries much sentimental value for not just defence personnel, but defence and naval enthusiasts from across the country. INS Viraat was the flagship of the Indian Navy before INS Vikramaditya was commissioned in 2013. […]
Shripad Naik, junior minister of defence with Government of India, has denied that his ministry has any plans to admit girls to Sainik Schools, contrary to claims made by predecessor Subhash Bhamre last year. “Presently there is no proposal to admit girls in Sainik Schools,” Naik said today in parliament. Sainik Schools were established in […]
Maharashtra, Madhya Pradesh and Chhattisgarh have the dubious distinction of being the worst states for H1N1 patients in India. Not only do they have relatively high number of patients, but your chances of making it alive as an H1N1 patient are also the lowest in India in these states. Other states — Gujarat, Rajasthan and […]
A study by the Central Ground Water Board has revealed that India’s Ganga-Yamuna plain is rapidly running out of ground water. Despite isolated cases like that of Chennai and Bangalore, the study also revealed that other areas of the country, including the east and the south, are better placed as far as ground water depletion […]
