Clashing dreams of MDR and digital
The number of debit cards has stagnated at 900 million, while the number of UPI transactions — nearly doubling every month until 2018 — has also stabilised at singledigit monthly growth rates.
Large part of Rs 2K-cr borrowings to come from overseas for AAI
The Airports Authority of India (AAI) is set to tap capital from overseas in ...
Bengaluru international airport records double-digit growth with 34 million passengers last year
While international passenger traffic witnes...
BLR airport investing Rs 13,000 crore on infrastructure expansion
The year 2019 has been a turbulent year for Indian aviation, mostly impacted by the closure of a large airline and supply-side challenges caused by the grounding of some aircraft type. These factors had a ripple effect as the ATMs at BLR Airport were down by 0.1 per cent as against the double-digit CAGR witnessed in the previous five years (CY14 to CY18).
1 dead, 1 injured after under-construction roof collapses at Bhubaneswar airport
Senior officials of the state government and politicians rushed to the site. Khurda Collector, Sitanshu Kumar Rout said a dog squad had been used to make sure no other person as trapped under the rubble.
Slow economy provided relief to domestic coal production, keeping market in balance in 2019: WoodMac
India continues to invest in renewable sources of power with a focus on affordability, security and environment. Despite the ‘must run’ status of renewable power, wind and solar projects still faced large-scale grid curtailment in 2019, owing to the ongoing financial distress of state distribution companies, asserted solar analyst Rishab Shrestha.
China shuts down transport in eight cities around virus epicentre
China has now shut down bridges, halted public transport and closed a major airport to restrict the movement of some 26 million people around the epicentre of a deadly virus outbreak. Authorities said the measures were to prevent and control the spread of the new coronavirus, which has since infected more than 800 people and killed 25.
India may seek renegotiation of LNG price from Qatar: Dharmendra Pradhan
India may seek to reopen the pricing of its long-term LNG import contract with Qatar to reflect falling rates of the spot or current market, Oil Minister Dharmendra Pradhan said on Thursday.
Without merchant fees, banks say they can’t reimburse payment companies
At the centre of this demand is Delhi’s decision to remove the MDR for all digital transactions.
Sensex snaps 3-day losing streak, jumps 271 points; Nifty ends near 12,200
BSE Midcap and BSE Smallcap indices gained 1.06 per cent and 0.95 per cent, respectively.
Full dress rehearsal for Republic Day Parade: Traffic congestion likely in central Delhi on Thursday
Traffic on Rajpath - from Vijay Chowk to India Gate - has been restricted till the rehearsal is over on Thursday, and from 6 pm Saturday till the parade concludes on Sunday, police said in an advisory. Metro services will be available for commuters on Thursday but a few gates at Udyog Bhawan and Central Secretariat stations will be closed.
Nikkei slumps on China virus fears; airlines slide, mask makers rally
The broader Topix lost 0.53 per cent to 1,734.97.
When does your EPF become taxable?
How much you withdraw and when you withdraw from the Employee’s Provident Fund determines how much TDS will be levied on the same. Here are five common scenarios and the tax implications on them.
Oil prices climb 2% as Iran, Trump trade threats
US West Texas Intermediate crude was at $64.15 a barrel, up $1.10, or 1.7 per cent.
5 simple things to do to revive the economy
No miracle man can revive the economy without revitalising the credit cycle.
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