NEW DELHI, Sept 2 (NNN-Bernama) — India’s fair competition panel has approved the merger of Vistara airline with Air India.
The merger creates a larger Tata Group airline to take on domestic market leader IndiGo.
Vistara is the brand name of Tata SIA Airlines Limited, which is 49 per cent owned by Singapore Airlines.
Sept 2 (Reuters) - An Indian court on Saturday decided that Jet Airways (JET.NS) founder Naresh Goyal will remain in India's financial crime agency's custody until Sept. 11, the agency said in a press statement.
The Enforcement Directorate (ED), which investigates financial crimes in India, arrested Goyal late on Friday.
Jet Airways did not immediately respond to a request for comment. Goyal hasn't commented publicly on the case in the past.
NEW DELHI (AP) — India launched its first space mission to study the sun on Saturday, less than two weeks after a successful uncrewed landing near the south polar region of the moon.
The Aditya-L1 spacecraft took off on board a satellite launch vehicle from the Sriharikota space center in southern India on a quest to study the sun from a point about 1.5 million kilometers (930,000 miles) from Earth. The point, known as L1, affords an uninterrupted view of the sun.
ISLAMABAD (AP) — Pakistani traders on Saturday went on strike against the soaring cost of living, including higher fuel and utility bills and record depreciation of the rupee against the dollar, which has led to widespread discontent among the public.
The traders pulled their shutters down across the country, while protesters burned tires on roads to express their anger.
ISLAMABAD, Sep 1 (APP): Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday underscoring the close fraternal relations between Pakistan and Iran, reaffirmed the country’s strong commitment to further strengthen and deepen the bilateral ties.
The prime minister, in a meeting with the Ambassador of Iran to Pakistan Reza Amiri Moghaddam, who called on him, stressed the need to focus on enhancing cooperation in the economic and security domains.
ISLAMABAD, Sep 1 (APP): Caretaker Prime Minster Anwaar-ul-Haq Kakar on Friday stressed the need to continue the GSP Plus scheme which served the interests of both Pakistan and the European Union.
The prime minister, in a meeting with EU Ambassador to Pakistan Riina Kionka, who called on him, emphasized the significant role of the GSP Plus scheme in boosting Pakistan’s exports to European markets
He expressed satisfaction over the positive trajectory of Pakistan-EU ties and lauded recent progress made in this regard.
31 August 2023; MEMO: A Pakistani court yesterday extended the judicial remand of the country’s former Prime Minister Imran Khan for another 14 days in a case in which he is accused of “exposing state secrets”, court records show.
The hearing was held at a prison in the northeastern Attock district – where Khan is currently being held – for “security reasons”.
31 August 2023; MEMO: Domestic, Asian and European companies, Thursday, signed seven major mining contracts worth around $6.5 billion with the interim Taliban administration in Afghanistan, Anadolu Agency reports.
BENGALURU, Aug 30 (Reuters) - The Bank of Canada is expected to hold its key interest rate steady at 5.00% on Sept. 6 and stay at that level through at least the end of March 2024, according to a majority of economists in a Reuters poll, with a small but growing minority expecting one more rate rise.
Inflation, which the Canadian central bank targets at 2%, rose more than expected to 3.3% in July, and further price rises continue to be the upside risk to expectations the BoC has already reached its terminal rate.
ISLAMABAD, Aug 30 (APP): Pakistan and China during the 8th round of two-day Pakistan-China Bilateral Consultations on Arms Control & Non-Proliferation, held in Beijing, discussed a broad spectrum of related topics and the regional and global security situation.
Mohammad Kamran Akhtar, Additional Secretary (Arms Control & Disarmament/Policy Planning) from Pakistan and Sun Xiaobo, Director General, Department of Arms Control, Ministry of Foreign Affairs of China led their respective delegations, Foreign Office Spokesperson said in a press release on Wednesday.
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