Indian airlines need $2.5 billion to keep flying, but Modi govt hasn’t doled out funds to industries or airlines backed by private businesses or billionaires.
Aviation Minister Hardeep Singh Puri reiterates that no commercial flights will be allowed to operate until the spread of coronavirus has been controlled.
IATA says airlines worldwide could lose $252 billion in revenue this year and burn through as much as $61 billion in the second quarter as travel slumps.
Airlines, estimated to be facing more than $100 billion in lost revenue this year, are being forced to make unprecedented groundings and furloughing staff.
I was surprised when Andhra Pradesh minister Nara Lokesh and Deputy Chief Minister Pawan Kalyan advocated for Hindi—at a time when states like Tamil Nadu and Karnataka are opposing its imposition.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
BJP has no dynastic succession, at least not at the top. You can trace this back to Vajpayee-Advani era. This act of spotting, empowering younger talent is even more striking with the choice of BJP presidents.
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