Dubai, Sept 20: Emirates and Etihad, two state-owned airlines in the United Arab Emirates, denied on Thursday a Bloomberg report which quoted unnamed sources as saying Emirates was seeking to take over Etihad to create the world's largest airline.
"There is no truth to this rumour," an Emirates spokeswoman said.
Etihad made a similar statement.
New Delhi, Jan 31: Chief Economic Adviser K V Subramanian on Friday said India's GDP is expected to grow at 6-6.5 per cent next fiscal as the economic slowdown has bottomed out.
As per the first advance estimates released by the National Statistical Organisation (NSO), the country's economic growth is likely to hit an 11-year low of 5 per cent in the current fiscal ending March 2020.
The Economic Survey 2019-20, prepared by a team lead by Subramanian, has projected the GDP to expand in the range of 6-6.5 per cent during 2020-21.
The Indian economy has hit the bottom and it will see an uptick from here, he said in a media briefing post the Economic Survey.
Amidst a weak environment for global manufacturing, trade and demand, the Indian economy slowed down with GDP growth moderating to 4.8 per cent in the first half of 2019-20, lower than 6.2 per cent in H2 of 2018-19.
Based on NSO's first advance estimates of GDP growth for 2019-20 at 5 per cent, an uptick in GDP growth is expected in the second half of the fiscal, it said.
According to it, the uptick in second half of 2019-20 would be mainly due to ten positive factors like picking up of Nifty India Consumption Index for the first time this year, an upbeat secondary market, higher FDI flows, build-up of demand pressure, positive outlook for rural consumption, rebound of industrial activity, steady improvement in manufacturing, growth in merchandise exports, higher build-up of foreign exchange reserves and positive growth rate of GST revenue collection.
The survey also emphasised that merger of public sector banks may increase the financial strength of the merged entities, lower the risk aversion and result in lowering of lending rates.
Further, as the implementation of GST further settles down, the increased unification of the domestic market may reduce business costs and facilitate fresh investment.
Reforms in land and labour market may further reduce business costs, said the survey, presented a day before Sitharaman's Union Budget 2020-21.
New Delhi, Mar 19: Former Chief Justice of India Ranjan Gogoi took oath as Rajya Sabha MP on Thursday.
Gogoi's wife Rupanjali Gogoi, daughter, and son in law were also present in Parliament.
Congress staged a walkout from the Rajya Sabha over Gogoi's membership to the House.
Meanwhile, Union Minister Ravishankar Prasad welcomed Gogoi in the Rajya Sabha.
President Ram Nath Kovind had nominated the former CJI to the Rajya Sabha on March 16.
Gogoi served as the 46th Chief Justice of India from October 3, 2018, to November 17, 2019.
On November 9, 2019, a five-judge Bench headed by him had delivered the verdict in the long-pending Ramjanmabhoomi case.
People lost trust in Judiciary because of such horrible criminals.
He betrayed the whole nation. Unless he is booked, the judiciary will not restore the lost faith.
The loss may be momentary in nature, It is the promise of the Almighty, He will ensure the justice is served to everyone.
Pure slave like goo mutur....nice life DDDDOOOOGGGGG
Fixed from judgement of babri masjid to rajya sabha member
New Delhi, Mar 16: A total of 110 cases of coronavirus, including 17 foreign nationals have been confirmed across India, Union Ministry of Health and Family Welfare said on Sunday.
The maximum positive cases have been reported from Maharashtra (32), followed by Kerala (22).
The total number of passengers screened at airports is 12,76,046, the ministry said.
The World Health Organisation (WHO) has declared that Europe has become the new 'epicentre' of the coronavirus pandemic that has infected more than 15 lakh people with over 6,000 deaths globally.
The virus had first emerged in China's Wuhan city in December last year.
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