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Aviation Ministry working on airfares after PM Modi's concerns Aviation Ministry working on airfares after PM Modi's concerns The Civil Aviation Ministry is working on options to address the issue of airlines charging high fares, especially during festive seasons, in the wake of serious concerns expressed by Prime Minister Narendra Modi on the issue but ruled out regulating ticket prices.
Strike had only a marginal impact: FM Jaitley Strike had only a marginal impact: FM Jaitley Finance Minister Arun Jaitley on Wednesday said the day-long nationwide strike called by central trade unions only had a "marginal or inconsequential impact".
NITI Aayog only a facilitator in smart city mission: Member NITI Aayog only a facilitator in smart city mission: Member States would have to plan themselves on urban development and smart city mission, and NITI Aayog would be a facilitator to them, a Member of central think tank said Wednesday.
Gradual recovery at work, GDP may grow to 7.8% in FY16: Nomura Gradual recovery at work, GDP may grow to 7.8% in FY16: Nomura A cyclical recovery is under way for the Indian economy, and the country's GDP growth is expected to improve to 7.8 percent this fiscal from 7.3 percent in 2014-15, a Nomura report says.
Fight against black money: Swiss to help on stolen data too Fight against black money: Swiss to help on stolen data too In a move that may help India's fight against black money, Switzerland on Wednesday proposed amending its laws to share information with foreign countries probing tax crimes on the basis of 'stolen data', provided details have come from administrative channels or public sources.
'One-day strike cost Rs 25,000 crore to economy' 'One-day strike cost Rs 25,000 crore to economy' As a nationwide strike of trade unions hit banking and other services Wednesday, business chambers today pegged the loss to the economy at a staggering Rs 25,000 crore and said such "disruptive" actions can hit India's image as an attractive business destination.
2G case: A Raja is in habit of making false statements, says CBI 2G case: A Raja is in habit of making false statements, says CBI The CBI on Wednesday charged former Telecom Minister A Raja with misleading then Prime Minister Manmohan Singh on the issue of allocation of 2G spectrum licences and having a "habit" of making false statements.
Govt buckles up, to take NH length to 1.5 lakh km by December Govt buckles up, to take NH length to 1.5 lakh km by December The government is committed to adding about 50,000 km of National Highways by the year end to take their length to 1.5 lakh km to "transform the face of India's infrastructure", Road Transport and Highways Minister Nitin Gadkari Wednesday said.
Govt flags deflation as new challenge for economy Govt flags deflation as new challenge for economy Government on Wednesday flagged deflation as a new challenge for the economy but expressed hope that the growth will be close to 8 percent in the current fiscal year, notwithstanding lower first quarter GDP number.
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