Reliance will buy jet airways

Budget carrier GoAir became the sixth domestic carrier to hit international skies with the launch of its inaugural flight to Phuket from New Delhi Thursday. The inaugural flight (G8 031) with 182 passengers on board was given a ceremonial flag off for Phuket in Thailand at 0100 hours Thursday from New Delhi's Indira Gandhi International Airport, the airline said in a release. Besides the national carrier Air India and its subsidiary Air India Express, private carriers Jet Airways, IndiGo and SpiceJet also fly international. GoAir's first international service was operated by Airbus A320 Neo aircraft, the airline said, adding that it will soon mark the commencement of a direct service on New Delhi-Phuket route twice a week and on Mumbai-Phuket sector thrice a week. "The launch of our first service to Phuket represents another step of transition from a domestic carrier to a global airline. Phuket is a key market in India and holds a significant base for business and tourism. We are … [Read more...] about GoAir goes international; launches maiden Delhi-Phuket flight

Industry Minister Piyush Goyal on Wednesday held a review meeting with senior officials of the ministry and discussed measures to increase exports, reduce import reliance and boost domestic manufacturing. He also discussed the future course of action in the post-coronavirus era to make India an industrial powerhouse with the officials of the Department for Promotion of Industry and Internal Trade (DPIIT). "Held a review meeting with officials from the Department of Commerce... discussed measures to increase and diversify exports, reduce import reliance and boost domestic manufacturing," the minister said in a tweet. The performance of the country's exports is expected to be better in May and June as compared to the steep fall recorded in April, when the shipments contracted to an all-time high of 60.28 per cent, Goyal has said earlier. Contracting for the second straight month, India's exports shrank by a record 60.28 per cent in April to USD 10.36 billion, mainly on account of the … [Read more...] about Piyush Goyal holds meeting with officials on ways to boost exports, reduce import reliance

Russian Su-35S and MiG-31BM fighters took off and identified the target as an RC-135 plane, before escorting the U.S. aircraft at a safe distance until it flew away from the Russian border. … [Read more...] about Russian jets intercept U.S. spy plane over Sea of Japan

Launching an economic pitch expected to anchor his fall presidential campaign, Democratic candidate Joe Biden is proposing sweeping new uses of the federal government’s regulatory and spending power to bolster U.S. manufacturing and technology firms. … [Read more...] about Biden proposes $700 bn‘Buy American’ campaign

“Teach them to pay attention to what they use every day and slowly, over time, build up a back up so that low stocks in shops, financial hardship and this pandemic, that will effect the way we live for a very long time, can still have necessities and feed their families and can have enough at home until stocks return to shelves,” she said. … [Read more...] about Panic buying at Woolworths and Coles: Stockpilers show off epic hoards