Government invites bids for advisers on AI’s divestment (Lead)

The government on Thursday invited bids from firms to appoint advisers to aide in the divestment of national passenger carrier Air India. According to two separate notices on the Department of Investment and Public Asset Management’s website, the proposal for advisers have been invited to guide the government on financial and legal issues associated with …

Jump in inflation in August modest, well below target: Jaitley

Defending the jump in India’s wholesale price-indexed (WPI) inflation in August to 3.24 per cent, nearly double that of July, Union Finance Minister Arun Jaitley on Thursday said it was well below the target of 4 per cent. “During monsoon, there is a spike in vegetable prices. It is usually the highest level of inflation …

Balmer Lawrie hopes to commission Vizag logistic hub soon

The state-run diversified firm Balmer Lawrie & Co Ltd is expecting to commission its multi-modal logistic hub at Vizag in the January-March quarter of the current fiscal, an official said on Thursday. “We are setting up multi modal logistics hub (MMLH) project at Vizag in partnership with Visakhapatnam Port Trust (VPT). In this MMLH, facilities …

Government invites bids for advisers on AI’s divestment

The government on Thursday invited bids from firms to appoint advisers to aide in the divestment process of national passenger carrier Air India. According to two separate notices on the Department of Investment and Public Asset Management’s website, proposal for advisers have been invited to guide the government on financial and legal issues associated with …

Centre says affidavit served in Rohingya case not final

The Centre on Thursday clarified that the affidavit on Rohangiya refugees attributed to it is still being worked upon and that it was inadvertently served on the counsel for petitioner Muhammad Salimullah. Salimullah has moved the Supreme Court seeking directions to restrain the government from deporting Rohingyas. A letter written to the petitioner’s advocate by …

Modi betrayed youths, farmers; is expert propagandist: Congress leader

Calling Prime Minister Narendra Modi an expert propagandist, senior Congress leader Anand Sharma on Wednesday accused him of betraying the youth and farmers. The Congress leader said the foundation stone of the bullet train had been laid in Ahmedabad with an eye on the coming Gujarat assembly polls. “Every other day, there is a rail …

Rajamouli’s inputs to be taken for designing buildings in Amaravati

Andhra Pradesh Chief Minister N. Chandrababu Naidu has asked a British architectural firm to take inputs from well-known Telugu filmmaker S.S. Rajamouli in finalising designs for some key government buildings in upcoming state capital Amaravati. Naidu suggested that Rajamouli, famous for his blockbusters ‘Baahubali’ and ‘Baahubali 2: The Conclusion’ be flown to London in the …

Rahul’s remarks national disgrace: Jaitley

Launching a scathing attack on Congress Vice President Rahul Gandhi, Union Finance Minister Arun Jaitley on Thursday termed the Congress scions latest observation on dynasty politics in India a “national disgrace”. “Rahul Gandhi’s statement (in the US) is a national disgrace and an onslaught on the wisdom of the Indian people. It is about time …

LeT commander behind Amarnath Yatra attack killed (Second Lead)

LeT commander Abu Ismail, who attacked Amarnath Yatra pilgrims in July killing eight people, was shot dead on Thursday along with another Pakistani militant on the outskirts of Srinagar city, police said. Following information about the presence of militants in Aarigam village, the security forces launched a cordon and search operation in Nowgam area. “As …

MP Lokayukta pronounces four-year jail each to two brothers

The Madhya Pradesh Lokayukta has pronounced four-year jail term and Rs 30 lakh fine each for two sons of a Public Works Department Superintending Engineer, since deceased, in a disproportionate assets case of 1995, an official said on Thursday. Lokayukta Additional Prosecutor Prabhat Shukla said that Special Judge Akshay Dwivedi handed the sentence to Prashant …

Thumbs down for proposed extension of bourses’ trading hours: Survey

The proposed extension of “bourses’ trading hours” has received a negative response from investors and traders, a survey study revealed on Thursday. According to a survey conducted by BTVi and Chrome DM on the extension of “Bourses trading hours”, 77 per cent of the respondents across categories said: “They would not want extension in the …

DIAL’s current proposal unworkable: IndiGo

Budget passenger carrier IndiGo has termed the proposal of Delhi International Airport Limited (DIAL), the operator of IGIA here, to shift part of several airlines’ operations from Terminal 1D, as “unworkable”. The airport operator had proposed to shift part of IndiGo, GoAir and SpiceJet’s operations to Terminal 2 (T2) from Terminal 1D (T1D) which will …

Russia, Turkey, Iran to oversee Syria truce zones: Moscow

Russian, Turkish and Iranian forces will monitor at least three of the four Syrian de-escalation zones mandated following last December’s ceasefire, Moscow’s chief delegate to the Astana process said here on Thursday. The parties gathered in the Kazakh capital — the three guarantor nations, the Bashar al-Assad government and the Syrian opposition — are close …

Upgraded Belagavi airport begins operation in Karnataka

Union Civil Aviation Minister P. Ashok Gajapathi Raju on Thursday launched upgraded airport services at Sambra on the outskirts of Karnataka’s northwest city aimed at facilitating passenger and cargo traffic in the region. “The upgraded airport will enable state-run and private airlines to operate daily more flights to and from strategically located Belagavi,” Belagavi Additional …

IAF delivers relief for Rohingyas in Bangladesh, more sorties planned

A C-17 aircraft of the Indian Air Force on Thursday delivered around 55 tonnes of relief material for Rohingya Muslim refugees in Bangladesh, officials said. IAF officials said one more C-17, a large strategic heavy-lift cargo aircraft, was scheduled to airlift additional relief material to Bangladesh on Friday. The C-17 Globemaster was positioned at short …

Russia fires 7 cruise missiles at IS in Syria

Two Russian submarines fired seven Kalibr sea-based cruise missiles at crucial facilities of the Islamic State in Syria from underwater positions in the eastern Mediterranean, the Russian Defence Ministry said on Thursday. The diesel-electric attack submarines Veliky Novgorod and Kolpino struck control points, communication centres, and weapons and ammunition depots in the IS-controlled areas southeast …

Focusing on resolving landfill site issues: Official

Government agencies are aware and working to resolve the issues of un-engineered garbage dumping sites like the Ghazipur landfill here, a part of which collapsed earlier this month killing two persons, said a Sanitation Ministry official here on Thursday. Parameswaran Iyer, Secretary, Ministry of Drinking Water and Sanitation, was talking about a 15-day-long campaign “Swachhta …