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India's Aviation Sector Needs $170 Billion To Fund Record Growth By 2030: Report
India's aviation sector will need to pump in more than $170 billion through 2030 to finance record aircraft orders and boost airport capacity amid an ongoing traffic boom, S&P Global Ratings said in a report.
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Power, Aviation: Union Minister Highlights BJP's Work In 10 Years, Slams Congress
Finance Minister Nirmala Sitharaman on Wednesday attacked the Congress for neglecting India's growth for the 10 years in the UPA era and stated that Congress wasted India's economic growth potential and left it among the 'Fragile Five' economies with
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No Decision Yet On Jet Fuel Tax Cut, Say Government Sources
Finance ministry has not yet taken a view on the civil aviation ministry's plea for tax cuts on jet fuel or aviation turbine fuel to bring down prices
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Sale Of Air India's Ground Handling Arm To Take Place Next Fiscal: Government
Government will start work on selling ground-handling arm Alliance Air of Air India and the expression of interest is expected in the next fiscal
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All Central Ministries, Departments Asked To Clear Air India's Dues
Finance Ministry's notification came after Air India ended its credit facility to the government as it has been sold off to Tata Sons
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Air India Disinvestment To Be Completed In 2021-22; Rs 3,224 Allocated Crore To Aviation Ministry
Disinvestment of Air India will be completed in 2021-22, Finance Minister Nirmala Sitharaman said in her budget speech on Monday and allocated as Rs 2,268 crore for a special purpose vehicle set up as part of financial restructuring of the debt-laden national carrier.
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10 Takeaways From Nirmala Sitharaman's Announcements For Defence, Aviation
Finance Minister Nirmala Sitharaman detailed reforms to eight sectors today in the fourth tranche of announcements related to the government's Rs 20 lakh crore package for the coronavirus-hit Indian economy. Among today's big-ticket measures were a 25 per cent increase in FDI in the defence sector and removal of government monopoly on coal mining. ...
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Air Space Restrictions To Be Eased To Cut Flying Time, Fuel Cost: Centre
Restrictions on Indian air space will be eased to reduce travel time and save fuel, Finance Minister Nirmala Sitharaman said today, in her fourth set of announcements on a mega stimulus package to tackle the economic fallout of the coronavirus crisis on various sectors. She also gave details of six airports to be auctioned to private players.
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Reforms In Defence, Civil Aviation, Announces Finance Minister: Highlights
Finance Minister Nirmala Sitharaman is unveiling the fourth tranche of Centre's Rs 20 lakh crore fiscal stimulus which attempts to soften the blow of the coronavirus and the lockdown on the economy.
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Budget 2020: 100 More Airports To Be Developed By 2025 To Support UDAN Scheme
Budget 2020: Finance Minister Nirmala Sitharaman on Saturday said 100 more airports will be developed by 2025 to support the UDAN scheme.
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P Chidambaram Back In Probe Agency Office, Now In Aviation Scam Case
Former Union finance minister P Chidambaram was on Friday questioned by the Enforcement Directorate in connection with its money laundering probe into alleged aviation-related financial irregularities said to have occurred during the UPA dispensation, officials said.
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"No Money Was Given To Any Bhai": Nirmala Sitharaman On Rafale Deal
Finance Minister Nirmala Sitharaman on Monday said the offset contract of Rafale fighter jet deal will help train and skill youth in India, and no money was given to any ''bhai''.
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Tax For Wealthy, Focus On Poor: Nirmala Sitharaman's Budget In 10 Points
Finance Minister Nirmala Sitharaman raised taxes for the super-rich and hiked duties on fuel, gold and automobile parts in her first Budget on Friday, in measures aimed at tackling a five-year low in growth while tightening fiscal consolidation. To restart investment, Prime Minister Narendra Modi's government also eased FDI in the insurance and avi...
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Boon For IndiGo, SpiceJet And Co In Nirmala Sitharaman's Budget
Prime Minister Narendra Modi's administration plans to make India a hub for financing aircraft purchases and leasing of planes, as the South Asian nation moves to support local carriers, which are among the biggest customers for Airbus SE and Boeing Co.
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Budget 2019: Government Proposes FDI Relaxation In Media, Aviation, Single Brand Retail
Finance Minister Nirmala Sitharaman in her Budget speech said that India's FDI inflows in 2018-19 grew by 6 per cent to $64.37 billion.
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India's Aviation Sector Needs $170 Billion To Fund Record Growth By 2030: Report
India's aviation sector will need to pump in more than $170 billion through 2030 to finance record aircraft orders and boost airport capacity amid an ongoing traffic boom, S&P Global Ratings said in a report.
-
Power, Aviation: Union Minister Highlights BJP's Work In 10 Years, Slams Congress
Finance Minister Nirmala Sitharaman on Wednesday attacked the Congress for neglecting India's growth for the 10 years in the UPA era and stated that Congress wasted India's economic growth potential and left it among the 'Fragile Five' economies with
-
No Decision Yet On Jet Fuel Tax Cut, Say Government Sources
Finance ministry has not yet taken a view on the civil aviation ministry's plea for tax cuts on jet fuel or aviation turbine fuel to bring down prices
-
Sale Of Air India's Ground Handling Arm To Take Place Next Fiscal: Government
Government will start work on selling ground-handling arm Alliance Air of Air India and the expression of interest is expected in the next fiscal
-
All Central Ministries, Departments Asked To Clear Air India's Dues
Finance Ministry's notification came after Air India ended its credit facility to the government as it has been sold off to Tata Sons
-
Air India Disinvestment To Be Completed In 2021-22; Rs 3,224 Allocated Crore To Aviation Ministry
Disinvestment of Air India will be completed in 2021-22, Finance Minister Nirmala Sitharaman said in her budget speech on Monday and allocated as Rs 2,268 crore for a special purpose vehicle set up as part of financial restructuring of the debt-laden national carrier.
-
10 Takeaways From Nirmala Sitharaman's Announcements For Defence, Aviation
Finance Minister Nirmala Sitharaman detailed reforms to eight sectors today in the fourth tranche of announcements related to the government's Rs 20 lakh crore package for the coronavirus-hit Indian economy. Among today's big-ticket measures were a 25 per cent increase in FDI in the defence sector and removal of government monopoly on coal mining. ...
-
Air Space Restrictions To Be Eased To Cut Flying Time, Fuel Cost: Centre
Restrictions on Indian air space will be eased to reduce travel time and save fuel, Finance Minister Nirmala Sitharaman said today, in her fourth set of announcements on a mega stimulus package to tackle the economic fallout of the coronavirus crisis on various sectors. She also gave details of six airports to be auctioned to private players.
-
Reforms In Defence, Civil Aviation, Announces Finance Minister: Highlights
Finance Minister Nirmala Sitharaman is unveiling the fourth tranche of Centre's Rs 20 lakh crore fiscal stimulus which attempts to soften the blow of the coronavirus and the lockdown on the economy.
-
Budget 2020: 100 More Airports To Be Developed By 2025 To Support UDAN Scheme
Budget 2020: Finance Minister Nirmala Sitharaman on Saturday said 100 more airports will be developed by 2025 to support the UDAN scheme.
-
P Chidambaram Back In Probe Agency Office, Now In Aviation Scam Case
Former Union finance minister P Chidambaram was on Friday questioned by the Enforcement Directorate in connection with its money laundering probe into alleged aviation-related financial irregularities said to have occurred during the UPA dispensation, officials said.
-
"No Money Was Given To Any Bhai": Nirmala Sitharaman On Rafale Deal
Finance Minister Nirmala Sitharaman on Monday said the offset contract of Rafale fighter jet deal will help train and skill youth in India, and no money was given to any ''bhai''.
-
Tax For Wealthy, Focus On Poor: Nirmala Sitharaman's Budget In 10 Points
Finance Minister Nirmala Sitharaman raised taxes for the super-rich and hiked duties on fuel, gold and automobile parts in her first Budget on Friday, in measures aimed at tackling a five-year low in growth while tightening fiscal consolidation. To restart investment, Prime Minister Narendra Modi's government also eased FDI in the insurance and avi...
-
Boon For IndiGo, SpiceJet And Co In Nirmala Sitharaman's Budget
Prime Minister Narendra Modi's administration plans to make India a hub for financing aircraft purchases and leasing of planes, as the South Asian nation moves to support local carriers, which are among the biggest customers for Airbus SE and Boeing Co.
-
Budget 2019: Government Proposes FDI Relaxation In Media, Aviation, Single Brand Retail
Finance Minister Nirmala Sitharaman in her Budget speech said that India's FDI inflows in 2018-19 grew by 6 per cent to $64.37 billion.
