Domestic aviation traffic grew at a measly rate of 1.18% in September as compared to the year ago period, according to the monthly data released by the Directorate General of Civil Aviation (DGCA). Airlines altogether flew 1.15 crore passengers last month as compared to 1.13 crore during the same period …

Infrastructure Leasing and Financial Services (IL&FS), has completed its first asset sale plan, selling 51% stake in its wind energy arm to Orix Corporation. “The IL&FS Group has completed the sale process of its 51% stake, held through IL&FS Wind Energy Limited (IWEL) in seven operating wind power SPVs (with …

Investors can find no better place in the world than India that has a democracy- loving and a capitalist-respecting environment, Union Finance Minister Nirmala Sitharaman has said. She also assured international investors during an interaction session at the IMF’s headquarters that the government was continuously working towards bringing reforms. “It …

For the first time in seven years, rural growth has fallen below that of urban for the fast-moving consumer goods (FMCG) industry, whose sales are often looked upon as a barometer of overall economic growth and consumption due to the range and reach of products across price points. According to …

Pro-democracy lawmakers were dragged out of Hong Kong’s legislature by security guards on Thursday after they heckled the ci ty’s pro-Beijing leader for a second day running, the latest outburst of political rancour in the strife-torn city. Chief Executive Carrie Lam has faced an outpouring of anger from her opponents …

Damascus on Thursday said Syrians are unified against a cross-border Turkish assault, in its first statement since deploying troops in Kurdish-controlled areas to contain Ankara’s offensive. “The Syrian government renews its absolute rejection and strong condemnation of Turkey’s blatant aggression,” said a Foreign Ministry statement carried by state news agency …

Prime Minister Boris Johnson Johnson on Thursday urged MPs “to come together” and support his “excellent” Brexit deal without any more delay. But he is facing a desperate scramble for votes to pass the deal in Parliament, as his Conservative government is well short of a majority. MPs will debate …

Pakistan said on Thursday that it had “exclusive rights” over three western rivers and any attempt by India to divert the flow of these rivers would be considered an “act of aggression”. Foreign Office spokesperson Mohammad Faisal made the remarks during his weekly media briefing here in response to a …

After the Balakot air strikes in February, the Army fast-tracked procurement of 155-mm Excalibur precision-guided ammunition from the U.S., and it has recently been inducted. The ammunition gives the artillery guns extended range and the ability to hit targets with very high accuracy, sources said. “The need for precision-guided munitions …

In response to the State government’s proposal in February 2014 and March 2016 to release the convicts, the order said the move would “set a very dangerous precedent and lead to international ramifications”. Before making its recommendation in September last year, the government received opinion from Advocate-General Vijay Narayan too. …