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AVIATION SECTOR LIQUIDITY ISSUES
No full runway shutdown at Srinagar airport this year, says airport authoritiesSrinagar International Airport has withdrawn its plan for a full runway closure this year, ensuring uninterrupted daytime flight operations...
Arunachal Pradesh govt deploys helicopter to airlift essential supplies to areas cut off by floodHeavy rains have caused devastating floods and landslides in Arunachal Pradesh, isolating several villages in Lower Siang. A commercial hel...
Supreme Court halts CAG audit of Delhi power discomsThe Supreme Court has put a temporary halt on the CAG's audit of Delhi's three private power distribution companies. Additionally, it order...
FDA issues compliance order for milk sector in Maharashtra; warns of Rs 10 lakh fine for violationsMaharashtra FDA has mandated strict food safety compliance across the entire milk supply chain, from farms to retailers. New guidelines aim...
SC halts Delhi government's CAG audit of private discomsThe Supreme Court has put a hold on a CAG audit of three private power discoms in Delhi, a move initiated by the Delhi government concernin...
MoCA, AAI to extend complete support for flight testing, airspace needs of India's fifth-generation fighter aircraft programmeIndia's fifth-generation fighter jet program, the Advanced Medium Combat Aircraft (AMCA), is receiving backing from the Civil Aviation Mini...
Private jet operators seek relaxations in FDTL, EDTO normsAviation regulator DGCA is poised to form a committee to review pilot flight duty norms for chartered flights following a request from the ...
Assam pushes aviation expansion as CM seeks faster approval for Silchar Greenfield AirportAssam is set to become a major aviation hub with plans to fast-track six new greenfield airports and a heliport. Chief Minister Himanta Bis...
SBI Mutual Fund planning IPO launch on July 13, to raise $1.2 billionSBI Mutual Fund is set to launch its IPO on July 13, with a likely $1.2 billion issue size, making it one of the biggest in India’s financi...
Pilot who hit Beijing tower wrote about ending life: Chinese governmentThe pilot who died after crashing a small plane into Beijing's tallest skyscraper, injuring 13 people, had mental health issues and had wri...
Corporate loans outpace retailCorporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yie...
NCLAT upholds ED's PMLA powers over insolvency moratoriumThe National Company Law Appellate Tribunal has ruled that companies in insolvency proceedings cannot shield assets suspected of being proc...
NCLAT upholds full PF, gratuity payments for Jet Airways employeesIn a landmark decision, the NCLAT has ruled that former Jet Airways employees are entitled to their full provident fund and gratuity dues, ...
US Stock Market: Fed liquidity operations signal calm quarter-end as money markets stay well suppliedThe U.S. Federal Reserve's liquidity measures are expected to keep quarter-end funding markets stable, with traders anticipating minimal st...
India cuts windfall tax on diesel, raises petrol tax from JulyIndia has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol expor...
RBI buyback gets few bids despite cash crunchThe central bank's bond buyback saw a lukewarm market reception, attracting significantly less than the offered amount despite a liquidity ...
India's debt market not equipped to finance next phase of growth, needs structural reforms: DeloitteIndia's debt market is currently ill-equipped to fund the nation's ambitious economic growth targets, a Deloitte report highlights. To achi...
DGCA conducts first satellite-based landing system approach on jet aircraft in India using GAGANIndia has achieved a major aviation milestone with its first-ever satellite-based landing system approach on a jet aircraft. An IndiGo Airb...
First phase of 2026 Char Dham helicopter operations concludes successfullyThe Ministry of Civil Aviation has successfully concluded the first phase of Char Dham Yatra 2026 helicopter operations, ensuring safe and ...
IndiGo, SpiceJet shares rally up to 4% as crude oil prices fall below pre-war levels after 42% crashAviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress i...