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Govt depts to replace old cars to boost demand for industry: Nirmala

Friday, August 23, 2019, 9:46 PM

The government will lift a ban that forbade government departments from buying new vehicles, even to replace old ones, finance minister Nirmala Sitharaman said Friday, as she announced a slew of measures to boost demand for the auto sector. The auto sector has been battling a severe downturn, thanks primarily to a drop in demand and to confusion over some upcoming regulations.
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India, US 2+2 meet reviews progress of defence ties

Friday, August 23, 2019, 9:44 PM

India and the US reviewed the progress of their cooperation in the fields of defence, security and foreign-policy during the bilateral 2+2 Inter-sessional meeting in Monterey, California. The Indian delegation was led jointly by Gourangalal Das, Joint Secretary in Ministry of External Affairs and V. Anandarajan, Joint Secretary in Ministry of Defence. The Inter-sessional meeting mechanism was set up pursuant to the 2+2 Ministerial.
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Air India owes Rs 4,500 crore in fuel dues, has not paid in over 6 months

Friday, August 23, 2019, 9:42 PM

National carrier Air India is going through a-hard-time as several oil-companies have snapped fuel supplies to the airline, citing pending dues close to Rs.4,500-crore. Senior officials told news agency PTI that the airline has not cleared fuel dues for 200-days or close to 7-months. "Air India, however, failed to provide a clear roadmap to clear dues, forcing us to stop supplies," the official said.

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