The Ministry of Civil Aviation said due to the surge in Covid cases and fall in passenger traffic, the airlines' seat capacity may be lowered from 80 to 50 per cent.
Civil Aviation Minister Hardeep Singh Puri says decision taken keeping in view the 'continuous rise' in prices of aviation turbine fuel.
While India has experienced 46 consecutive months of double-digit passenger growth, a protracted fare war has driven ticket prices so low that most airlines can hardly cover costs.
Yogendra Yadav is wrong. BJP might have a hegemonic position in politics and economy, but it's not the same in moral and intellectual spaces.
The Reserve Bank’s challenges include crashes in forward dollar premiums to rising open interest in futures that adds to pressure on the currency.
DRDO calls flight a significant step towards self-reliance in defence technologies; Defence Minister Rajnath Singh lauds achievement, says ‘it paves way for Aatmanirbhar Bharat in critical military systems’.
Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.