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November-end fiscal deficit hits 99 percent of target
New Delhi, Dec 31 : India's fiscal deficit touched 98.9 percent of the budget estimates for 2014-15 by the end of November, crossing Rs.5.25 lakh crore ($83.08 billion), data released by the Controller General of Accounts showed Wednesday.
SpiceJet axes 300 more flights till Jan 31, AAI demands dues
New Delhi, Dec 30 : Cash-strapped airline SpiceJet Tuesday said that it will cancel 300 more flights till Jan 31, even as the government seemed to rule out any help by saying the budget carrier will have to itself resolve its financial troubles and the AAI asked it to pay Rs.200 crore dues by ...
UP government working expeditiously for development: Akhilesh
Lucknow, Dec 30 : Uttar Pradesh Chief Minister Akhilesh Yadav Tuesday said his government was working expeditiously for the state's development and provisions have been made in the budget to execute many big-ticket projects, result of which would be seen in times to come.
Creativity, novelty ruled the roost in Bollywood
By Sandeep Sharma, New Delhi, Dec 30 : Although big-budget formula films kept hitting the box office on regular intervals, 2014 straddled much more on sleeper hits such as "Queen", "Highway", "Mary Kom" and "Haider".
No impact of missing flight on India operations: AirAsia
Bengaluru, Dec 28 : The disappearance of Malaysian budget carrier AirAsia's flight from Indonesia's Surabaya to Singapore early Sunday has not affected its Indian operations, an airline spokesperson said.
Will consider opinion of states while formulating budget policies: ...
New Delhi, Dec. 26 : Union Finance Minister Arun Jaitley on Friday assured that he will take into consideration all the suggestions of various states while formulating the budget policies, adding that almost all the states were in favour of the early implementation of the goods and services tax ...
SpiceJet scrip zooms 11 percent on back of revival plan
New Delhi, Dec 26 : The scrip of cash-strapped budget carrier SpiceJet zoomed up by 11 percent Friday as the airline's management submitted a new revival plan to the civil aviation ministry, including the infusion of Rs.300 crore.
Iraqi cabinet approves 2015 draft budget
Baghdad, Dec 23 : The Iraqi cabinet Tuesday approved a $106-billion budget for the next year, with a deficit of about $19 billion, the government said.
Normal operations resumed, says Spice Jet
Chennai, Dec 18 : A day after its flights were grounded, budget airline SpiceJet Thursday announced resumption of normal operations on all its 230 flights scheduled to operate for the day.
Small was big for southern cinema
By Haricharan Pudipeddi, Chennai, Dec 18 : Small was big down south. Low budget films, which were high on creative content, emerged as the real winners in 2014. Offerings like "Yaamirukka Bayamey" and "Karthikeya" not only set the cash registers ringing but also spelt profit for the investors in ...
Oil firms force SpiceJet to ground all flights
New Delhi, Dec.17 : With oil firms refusing to provide much needed fuel to aircraft run by the cash-strapped budget carrier SpiceJet, the latter decided on Wednesday to ground all of its flights till such time as the fuel is supplied.
SpiceJet resumes operations, says loan is not a bail out
New Delhi, Dec 17 : Budget airline SpiceJet resumed operations on a few routes Wednesday evening following an understanding with the oil marketing companies (OMC) and stated that any bank loan secured by the company will not be a bail out.
Passengers stranded, as SpiceJet operations grounded
New Delhi, Dec 17 : Several hundred passengers were stranded across India Wednesday as fights of budget carrier SpiceJet were grounded after the oil marketing companies (OMCs) refused to provide it credit over non-payment of dues.
Passengers stranded, as SpiceJet operations grounded
New Delhi, Dec 17 : Several hundred passengers were stranded across India, as fights of budget carrier SpiceJet were grounded Wednesday.
SpiceJet gets 10 days interim relief, promoters told to infuse equity
New Delhi, Dec 16 : Cash-strapped budget carrier SpiceJet was given 10 days interim relief by the civil aviation ministry Tuesday, as its promoters were told to infuse fresh equity.
Thai flight forced to return by unruly Chinese passengers
Bangkok, Dec 13 : A budget airliner carrying passengers from Thailand to China was forced to return to Bangkok after a Chinese passenger threw hot water at a cabin attendant, the airline said Saturday.
ASSOCHAM for 30 percent tax on political parties' anonymous donations
New Delhi, Dec. 12 : The ASSOCHAM, in its pre-budget memorandum to the Finance Ministry, has said that political parties should be brought under the purview of Income Tax Act and asked to pay tax at the rate of 30 percent in respect of anonymous donations received by them and should also be ...
Cinema has become commercial, riskier: Ajay Devgn
New Delhi, Dec 12 : Actor Ajay Devgn, who has been lauded equally for his intense dramatic roles as for his comical avatar, feels the reason why movies like "Zakhm" and "The Legend of Bhagat Singh" aren't made anymore is due to the commercial nature of cinema and risk involved with big budget ...
Partial US administrative shutdown averted at last moment
By Cristina Garcia Casado, Washington, Dec 12 (EFE) Another shutdown of the US government has been averted at the last moment after the House of Representatives approved a $1.01-trillion budget until October 2015 and a two-day extension of current funding, giving time for the Senate to vote on it.
CII says budget is an opportunity to create enabling ...
New Delhi, Dec.11 : The Confederation of Indian Industry (CII) has told Revenue Secretary Shaktikanta Das and his team of senior officers from the Ministry of Finance that only implementation of steps announced by the government can create an enabling and investor-friendly environment for doing ...
US Congress agrees on $1-tn budget bill to avoid shutdown
Washington, Dec 10 : US Congressional leaders have agreed on a budget bill of $1 trillion to finance the federal government until 2015 and avert a government shutdown like the one which occurred last year.
Government hiking duty to fill budget deficit: Congress
New Delhi, Dec 9 : The Congress Tuesday said the government was trying to fill the budget deficit by hiking excise duty on fuel instead of passing the benefits of a drop in global crude oil prices to consumers.
SpiceJet's scrip crashes nearly five percent
New Delhi, Dec 8 : Scrip of beleaguered budget carrier SpiceJet Monday closed 4.39 percent or 0.70 points down at Rs.15.25 per equity share, days after the aviation regulator cracked the whip and imposed certain operational restrictions on the airline.
Tips to avoid blowing up wedding budget
New York, Dec 7 : While people may know the basics to sticking within their budget like not overdoing it with over-the-top florals, there are some less obvious ways to keep the budget in check.
Not asked to refund bookings: SpiceJet
New Delhi, Dec 6 : Budget passenger carrier SpiceJet Saturday refuted reports that it has been asked by the regulator to refund bookings made beyond 30 days.
SpiceJet denies AAI has put it on cash-and-carry mode
New Delhi, Dec 5 : Budget passenger carrier SpiceJet Friday refuted allegations that its operations have been placed by the airport operator on cash-and-carry mode.
March held against proposed cut in social sector schemes
New Delhi, Dec 2 : Thousands of people staged a peaceful demonstration here Tuesday against the proposed cut by the government in social sector schemes' budget.
MGNREGA may be the worst hit due to budget cuts
New Delhi, Nov 29 : The MGNREGA rural job programme and other social welfare schemess will take a significant hit due to the 15 percent budget cut that the ministry of finance is believed to have proposed recently, social activists said Saturday.
Param Gill to make 100-crore epic period film
New Delhi, Nov 29 : Director Param Gill, whose "Last Supper" won several awards, is geared up to make a big budget epic period film.
April-October fiscal deficit 89.6 percent of full year target
New Delhi, Nov 28 : India's fiscal deficit has hit 89.6 percent of the budget estimates for 2014-15 by the end of October, crossing Rs.4.75 lakh crore, data released by the Controller General of Accounts said here Friday.